Illinois Tool Works (ITW) Profit After Tax (2009 - 2026)
Illinois Tool Works' Profit After Tax was $815 million in Q2 2026, up 7.9% from $755 million a year earlier and up 6.1% from the prior quarter.
Illinois Tool Works (ITW) Profit After Tax (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Illinois Tool Works' Profit After Tax was $3.19 billion through Jun 30, 2026, down 5.1% year-over-year; for FY2025, it came in at $3.07 billion, down 12.1% from FY2024.
- Profit After Tax shows a five-year compound annual growth rate of 7.8% (FY2020 to FY2025).
- In earlier years, Profit After Tax was $3.49 billion in FY2024 (+18.0%), $2.96 billion in FY2023 (-2.5%), $3.03 billion in FY2022 (+12.6%) and $2.69 billion in FY2021 (+27.7%).
- Quarterly Profit After Tax has moved between $609 million (Q4 2021) and $1.16 billion (Q3 2024) over five years.
- Compared with a year earlier, Profit After Tax has increased for three straight quarters, with growth averaging 4.2% over the last eight quarters.
- The best year-over-year quarter for Profit After Tax over five years was Q3 2024 (growth of 50.3%); the worst was Q3 2025 (a decline of 29.2%).
- Per Business Quant data, ITW's Profit After Tax in the three quarters before Q2 2026 was $768 million (Q1 2026), $790 million (Q4 2025) and $821 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 379.87 Bn | 351.57 Bn | 7.76 Bn | 3.50 Bn |
| 2 | Amphenol | 211.41 Bn | 206.11 Bn | 3.55 Bn | 1.78 Bn |
| 3 | Deere | 179.93 Bn | 188.69 Bn | 4.66 Bn | 1.35 Bn |
| 4 | Eaton | 169.93 Bn | 167.16 Bn | 2.86 Bn | 823.00 Mn |
| 5 | Parker-Hannifin | 121.78 Bn | 119.91 Bn | 2.25 Bn | 1.09 Bn |
| 6 | Vertiv Holdings | 94.75 Bn | 85.37 Bn | 1.23 Bn | 497.80 Mn |
| 7 | Emerson Electric | 88.42 Bn | 81.17 Bn | 2.66 Bn | 718.00 Mn |
| 8 | 3M | 84.08 Bn | 65.54 Bn | 2.68 Bn | 937.00 Mn |
| 9 | Illinois Tool Works | 74.29 Bn | 70.85 Bn | 1.90 Bn | 815.00 Mn |
| 10 | Cummins | 71.19 Bn | 68.32 Bn | 2.47 Bn | 968.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 815.00 Mn |
| Mar 31, 2026 | 768.00 Mn |
| Dec 31, 2025 | 790.00 Mn |
| Sep 30, 2025 | 821.00 Mn |
| Jun 30, 2025 | 755.00 Mn |
| Mar 31, 2025 | 700.00 Mn |
| Dec 31, 2024 | 750.00 Mn |
| Sep 30, 2024 | 1.16 Bn |
| Jun 30, 2024 | 759.00 Mn |
| Mar 31, 2024 | 819.00 Mn |
| Dec 31, 2023 | 717.00 Mn |
| Sep 30, 2023 | 772.00 Mn |
| Jun 30, 2023 | 754.00 Mn |
| Mar 31, 2023 | 714.00 Mn |
| Dec 31, 2022 | 907.00 Mn |
| Sep 30, 2022 | 727.00 Mn |
| Jun 30, 2022 | 738.00 Mn |
| Mar 31, 2022 | 662.00 Mn |
| Dec 31, 2021 | 609.00 Mn |
| Sep 30, 2021 | 639.00 Mn |
Illinois Tool Works Profit After Tax 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=profit-after-tax&ticker=ITW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "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=profit-after-tax&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();