Illinois Tool Works (ITW) Net Margin (2009 - 2026)

Illinois Tool Works' Net Margin history runs 17 years deep, the most recent figure standing at 19.12% for Q1 2026.

• On a quarterly basis, Net Margin rose 89.0% year-over-year to 19.12% in Q1 2026; TTM through Mar 2026 was 19.32%, a 205.0% decrease from a year earlier, with the FY2025 full-year figure at 19.11%, down 283.0% from the prior year.
• Net Margin retreated to 19.12% in Q1 2026 per ITW's latest filing, from 19.3% in the prior quarter.
• Across five years, Net Margin topped out at 29.25% in Q3 2024 and bottomed at 16.81% in Q1 2022.
• The 5-year median for Net Margin is 18.85% (2024), against an average of 19.58%.
• Across the five-year window, Net Margin soared 1010 bps in 2024 and slumped 902 bps in 2025, its largest moves.
• Year by year, Net Margin stood at 22.84% in 2022, then dropped by 21 bps to 18.0% in 2023, then climbed by 6 bps to 19.07% in 2024, then increased by 1 bps to 19.3% in 2025, then retreated by 1 bps to 19.12% in 2026.
• Per Business Quant, the three latest ITW Net Margin figures stand at 19.12% (Q1 2026), 19.3% (Q4 2025), and 20.23% (Q3 2025).