Illinois Tool Works (ITW) Net Margin (2009 - 2026)
Illinois Tool Works (ITW) posted Net Margin of 18.95% for Q2 2026, down 0.91% on a QoQ basis from 19.12% in Q1 2026, and up 32.0% year-over-year from 14.36% in Q2 2025.
Analysis
Illinois Tool Works (ITW) Net Margin (2009 - 2026) Analysis & Trends
Illinois Tool Works has reported Net Margin for 18 years, with the latest figure at 18.95% in Q2 2026.
- On a quarterly basis, Net Margin rose 32.0% year-over-year to 18.95% in Q2 2026; TTM through Jun 2026 was 19.39%, a 192.0% decrease from a year earlier, with the FY2025 full-year figure at 19.11%, down 283.0% from the prior year.
- Net Margin was 18.95% for Q2 2026 at Illinois Tool Works, down from 19.12% 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.
- Average Net Margin over 5 years is 19.55%, with a median of 18.9% recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Net Margin surged 1010 bps in 2024, then sank 902 bps in 2025.
- Over 5 years, Net Margin stood at 22.84% in 2022, then declined by 21 bps to 18.0% in 2023, then grew by 6 bps to 19.07% in 2024, then rose by 1 bps to 19.3% in 2025, then fell by 2 bps to 18.95% in 2026.
- The last three Net Margin figures came in at 18.95% (Q2 2026), 19.12% (Q1 2026), and 19.3% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.04 Bn | 80.71 Bn | 2.68 Bn | 14.43% |
| 2 | Illinois Tool Works | 75.29 Bn | 74.46 Bn | 1.90 Bn | 18.95% |
| 3 | Ametek | 53.60 Bn | 53.11 Bn | 735.04 Mn | 19.90% |
| 4 | Rockwell Automation | 46.33 Bn | 45.85 Bn | 1.14 Bn | 17.64% |
| 5 | Mettler Toledo International | 25.86 Bn | 25.81 Bn | 650.22 Mn | 22.67% |
| 6 | Dover | 25.43 Bn | 23.68 Bn | 880.61 Mn | 14.26% |
| 7 | Nordson | 17.13 Bn | 17.02 Bn | 453.73 Mn | 18.69% |
| 8 | Fortive | 16.66 Bn | 16.28 Bn | 695.30 Mn | 14.34% |
| 9 | RBC Bearings | 15.07 Bn | 14.94 Bn | 247.80 Mn | 19.54% |
| 10 | Regal Rexnord | 10.48 Bn | 10.03 Bn | 611.60 Mn | 7.49% |
Historic Data
Download Data
Historic 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% |