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
DateValue
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