Illinois Tool Works (ITW) Operating Income (2009 - 2026)
Illinois Tool Works' (ITW) quarterly Operating Income came in at $1.0 billion in Q1 2026, up 7.26% year-on-year from $951.0 million in Q1 2025, and down 5.99% quarter-over-quarter from $1.1 billion in Q4 2025.
Illinois Tool Works (ITW) Operating Income (2009 - 2026) Analysis & Trends
Illinois Tool Works' Operating Income history runs 18 years deep, the most recent figure standing at $1.0 billion for Q1 2026.
- On a quarterly basis, Operating Income rose 7.26% year-over-year to $1.0 billion in Q1 2026; TTM through Mar 2026 was $4.3 billion, a 4.82% increase from a year earlier, with the FY2025 full-year figure at $4.2 billion, down 1.13% from the prior year.
- Operating Income eased to $1.0 billion in Q1 2026 per ITW's latest filing, from $1.1 billion in the prior quarter.
- Across five years, Operating Income topped out at $1.1 billion in Q3 2025 and bottomed at $117.0 million in Q1 2024.
- The 5-year median for Operating Income is $1.0 billion (2023), against an average of $960.0 million.
- Across the five-year window, Operating Income tumbled 87.96% in 2024 and soared 712.82% in 2025, its largest moves.
- Year by year, Operating Income stood at $986.0 million in 2022, then climbed by 0.2% to $988.0 million in 2023, then advanced by 4.35% to $1.0 billion in 2024, then increased by 5.24% to $1.1 billion in 2025, then fell by 5.99% to $1.0 billion in 2026.
- Per Business Quant, the three latest ITW Operating Income figures stand at $1.0 billion (Q1 2026), $1.1 billion (Q4 2025), and $1.1 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 653.00 Mn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 1.17 Bn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 1.13 Bn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 949.00 Mn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 1.11 Bn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 1.02 Bn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 514.94 Mn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 467.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 289.70 Mn |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 244.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 117.00 Mn |
| 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 |
| Sep 30, 2021 | 845.00 Mn |
| Jun 30, 2021 | 893.00 Mn |