Growth Metrics

Illinois Tool Works (ITW) Operating Margin (2016 - 2026)

Illinois Tool Works has reported Operating Margin over the past 17 years, most recently at 26.51% for Q4 2025.

  • For Q4 2025, Operating Margin rose 29.0% year-over-year to 26.51%; the TTM value through Dec 2025 reached 26.28%, up 581.0%, while the annual FY2025 figure was 26.28%, 54.0% down from the prior year.
  • Operating Margin for Q4 2025 was 26.51% at Illinois Tool Works, down from 27.4% in the prior quarter.
  • Over five years, Operating Margin peaked at 27.4% in Q3 2025 and troughed at 2.94% in Q1 2024.
  • A 5-year average of 23.93% and a median of 24.8% in 2023 define the central range for Operating Margin.
  • Biggest five-year swings in Operating Margin: tumbled -2124bps in 2024 and later soared 2183bps in 2025.
  • Year by year, Operating Margin stood at 22.67% in 2021, then rose by 10bps to 24.83% in 2022, then fell by 0bps to 24.81% in 2023, then increased by 6bps to 26.22% in 2024, then grew by 1bps to 26.51% in 2025.
  • Business Quant data shows Operating Margin for ITW at 26.51% in Q4 2025, 27.4% in Q3 2025, and 26.35% in Q2 2025.