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

Illinois Tool Works' Net Margin history runs 18 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 was 19.12% for Q1 2026 at Illinois Tool Works, down from 19.3% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 29.25% in Q3 2024 to a low of 16.81% in Q1 2022.
• Historically, Net Margin has averaged 19.58% across 5 years, with a median of 18.85% in 2024.
• The sharpest annual moves came in 2024 and 2025: Net Margin jumped 1010 bps in 2024, then slumped 902 bps in 2025.
• A 5-year view of Net Margin shows it stood at 22.82% in 2022, then fell 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.
• The last three Net Margin figures came in at 19.12% (Q1 2026), 19.3% (Q4 2025), and 20.23% (Q3 2025), per Business Quant data.