Illinois Tool Works (ITW) Operating Margin (2016 - 2025)
Illinois Tool Works has reported Operating Margin over the past 17 years, most recently at 26.51% for Q4 2025.
- Quarterly results put Operating Margin at 26.51% for Q4 2025, up 29.0% from a year ago — trailing twelve months through Dec 2025 was 26.28% (up 581.0% YoY), and the annual figure for FY2025 was 26.28%, down 54.0%.
- Operating Margin for Q4 2025 was 26.51% at Illinois Tool Works, down from 27.4% in the prior quarter.
- Over the last five years, Operating Margin for ITW hit a ceiling of 27.4% in Q3 2025 and a floor of 2.94% in Q1 2024.
- Median Operating Margin over the past 5 years was 24.8% (2023), compared with a mean of 23.93%.
- Biggest five-year swings in Operating Margin: plummeted -2124bps in 2024 and later surged 2183bps in 2025.
- Illinois Tool Works' Operating Margin stood at 22.67% in 2021, then increased by 10bps to 24.83% in 2022, then decreased by 0bps to 24.81% in 2023, then grew by 6bps to 26.22% in 2024, then rose by 1bps to 26.51% in 2025.
- The last three reported values for Operating Margin were 26.51% (Q4 2025), 27.4% (Q3 2025), and 26.35% (Q2 2025) per Business Quant data.