Illinois Tool Works (ITW) Operating Income (2009 - 2026)
Illinois Tool Works (ITW) posted Operating Income of $1.15 billion for Q2 2026, up 7.4% from $1.07 billion a year earlier and up 12.5% from the prior quarter.
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Analysis
Illinois Tool Works (ITW) Operating Income (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Income at Illinois Tool Works was $4.36 billion, up 6.4% year-over-year; for FY2025, it came in at $4.22 billion, down 1.1% from FY2024.
- Annual Operating Income shows a five-year compound annual growth rate of 7.9% (FY2020 to FY2025).
- In prior years, Illinois Tool Works' Operating Income was $4.26 billion in FY2024 (+5.5%), $4.04 billion in FY2023 (+6.6%), $3.79 billion in FY2022 (+9.0%) and $3.48 billion in FY2021 (+20.6%).
- The Q2 2026 figure stands as the highest quarterly Operating Income in data going back to Q1 2009.
- On a year-over-year basis, Operating Income has increased in each of the last five quarters, with growth averaging 1.7% over the last eight quarters.
- The strongest year-over-year quarter for Operating Income in the past five years was Q4 2022, with growth of 18.2%; the weakest was Q1 2025, with a decline of 15.6%.
- According to Business Quant data, Operating Income for the three prior quarters was $1.02 billion (Q1 2026), $1.09 billion (Q4 2025) and $1.11 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 4.21 Bn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 3.02 Bn |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 1.86 Bn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 1.59 Bn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 1.20 Bn |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 1.56 Bn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 1.35 Bn |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 1.18 Bn |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 983.80 Mn |
| 10 | Tenaris | 64.57 Bn | 36.09 Bn | 1.07 Bn | 597.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.18 Bn |
| Jun 30, 2026 | 1.15 Bn |
| Mar 31, 2026 | 1.02 Bn |
| Dec 31, 2025 | 1.09 Bn |
| Sep 30, 2025 | 1.11 Bn |
| Jun 30, 2025 | 1.07 Bn |
| Mar 31, 2025 | 951.00 Mn |
| Dec 31, 2024 | 1.03 Bn |
| Sep 30, 2024 | 1.05 Bn |
| Jun 30, 2024 | 1.05 Bn |
| Mar 31, 2024 | 1.13 Bn |
| Dec 31, 2023 | 988.00 Mn |
| Sep 30, 2023 | 1.07 Bn |
| Jun 30, 2023 | 1.01 Bn |
| Mar 31, 2023 | 972.00 Mn |
| Dec 31, 2022 | 986.00 Mn |
| Sep 30, 2022 | 983.00 Mn |
| Jun 30, 2022 | 926.00 Mn |
| Mar 31, 2022 | 895.00 Mn |
| Dec 31, 2021 | 834.00 Mn |
API Access
Illinois Tool Works Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=ITW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "ITW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();