Illinois Tool Works (ITW) Net Margin (2009 - 2026)
Illinois Tool Works (ITW) posted quarterly Net Margin of 19.12% for Q1 2026, up 89.0% year-over-year from 10.12% in Q1 2025, and down 0.92% quarter-over-quarter from 19.3% in Q4 2025.
Illinois Tool Works (ITW) Net Margin (2009 - 2026) Analysis & Trends
Illinois Tool Works' Net Margin history runs 17 years deep, the most recent figure standing at 19.12% for Q1 2026.
- In Q1 2026, Net Margin rose 89.0% year-over-year to 19.12%; the TTM figure through Mar 2026 stood at 19.32% (down 205.0% YoY), while the FY2025 annual figure was 19.11%, down 283.0% from the prior year.
- Net Margin for Q1 2026 stood at 19.12%, down from 19.3% in the prior quarter.
- The five-year high for Net Margin was 29.25% in Q3 2024, with the low at 16.81% in Q1 2022.
- The 5-year median for Net Margin is 18.85% (2024), against an average of 19.58%.
- The sharpest annual moves came in 2024 and 2025: Net Margin soared 1010 bps in 2024, then sank 902 bps in 2025.
- Illinois Tool Works' Net Margin stood at 22.84% in 2022, then slipped by 21 bps to 18.0% in 2023, then advanced by 6 bps to 19.07% in 2024, then grew by 1 bps to 19.3% in 2025, then fell by 1 bps to 19.12% in 2026.
- Business Quant data shows ITW's Net Margin at 19.12% in Q1 2026, 19.3% in Q4 2025, and 20.23% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 5.84% |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 9.65% |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 16.48% |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 14.73% |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 9.86% |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 18.95% |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 19.90% |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 17.64% |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 12.59% |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 11.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.95% |
| Mar 31, 2026 | 19.12% |
| Dec 31, 2025 | 19.30% |
| Sep 30, 2025 | 20.23% |
| Jun 30, 2025 | 18.63% |
| Mar 31, 2025 | 18.23% |
| Dec 31, 2024 | 19.07% |
| Sep 30, 2024 | 29.25% |
| Jun 30, 2024 | 18.85% |
| Mar 31, 2024 | 20.61% |
| Dec 31, 2023 | 18.00% |
| Sep 30, 2023 | 19.15% |
| Jun 30, 2023 | 18.51% |
| Mar 31, 2023 | 17.77% |
| Dec 31, 2022 | 22.84% |
| Sep 30, 2022 | 18.13% |
| Jun 30, 2022 | 18.40% |
| Mar 31, 2022 | 16.81% |
| Dec 31, 2021 | 16.55% |
| Sep 30, 2021 | 17.97% |