Skip to main content
    I

    Illinois Tool Works Inc (ITW)

    Official site

    INDUSTRIALS • SPECIALTY INDUSTRIAL MACHINERY • NYSE

    $271.01
    +1.54 (+0.57%)

    Market Cap: $76.75B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    92%(36/39)
    Avg Surprise
    +3.27%
    Streak
    28 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$2.97
    Range$2.90 - $3.07
    11 analysts
    EPS Revisions
    1
    0
    7d
    11
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$2.93+1.6%
    60d ago$2.95+0.7%
    30d ago$2.97-0.0%
    7d ago$2.97-0.0%
    Current$2.97
    Revenue Consensus
    $4.3B
    Range$4.2B - $4.3B
    13 analysts
    Period ending Dec 31, 2026
    EPS Consensus$3.12
    Range$2.96 - $3.27
    13 analysts
    Revenue Consensus
    $4.4B
    Range$4.3B - $4.5B
    14 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$3.12---
    Sep 26EST
    		-$2.97---
    Jun 26
    Reported Jul 28
    		$2.84$2.80+1.43%Beat+10.1%
    Mar 26
    Reported Apr 30
    		$2.66$2.56+3.91%Beat+11.8%
    Dec 25
    Reported Feb 3
    		$2.72$2.69+1.12%Beat+7.1%
    Sep 25
    Reported Oct 24
    		$2.81$2.72+3.31%Beat+6.0%
    Jun 25
    Reported Jul 30
    		$2.58$2.56+0.78%Beat+1.6%
    Mar 25
    Reported Apr 30
    		$2.38$2.35+1.28%Beat-12.8%
    Dec 24
    Reported Feb 5
    		$2.54$2.50+1.60%Beat+5.0%
    Sep 24
    Reported Oct 30
    		$2.65$2.53+4.74%Beat+3.9%
    Jun 24
    Reported Jul 30
    		$2.54$2.47+2.83%Beat+5.4%
    Mar 24
    Reported Apr 30
    		$2.73$2.36+15.68%Beat+17.2%
    Dec 23
    Reported Feb 1
    		$2.42$2.41+0.41%Beat-18.0%
    Sep 23
    Reported Oct 24
    		$2.55$2.45+4.08%Beat+8.5%
    Jun 23
    Reported Aug 1
    		$2.41$2.41+0.00%Beat+1.7%
    Mar 23
    Reported May 2
    		$2.33$2.23+4.48%Beat+10.4%
    Dec 22
    Reported Feb 2
    		$2.95$2.57+14.79%Beat+52.8%
    Sep 22
    Reported Oct 25
    		$2.35$2.25+4.44%Beat+16.3%
    Jun 22
    Reported Aug 2
    		$2.37$2.21+7.24%Beat-3.3%
    Mar 22
    Reported May 3
    		$2.11$2.07+1.93%Beat+0.0%
    Dec 21
    Reported Feb 3
    		$1.93$1.91+1.05%Beat-4.5%
    Sep 21
    Reported Oct 28
    		$2.02$2.01+0.50%Beat+10.4%
    Jun 21
    Reported Jul 30
    		$2.45$2.09+17.22%Beat+142.6%
    Mar 21
    Reported Apr 30
    		$2.11$1.89+11.64%Beat+19.2%
    Dec 20
    Reported Feb 5
    		$2.02$1.77+14.12%Beat-8.6%
    Sep 20
    Reported Oct 23
    		$1.83$1.45+26.21%Beat-10.3%
    Jun 20
    Reported Jul 31
    		$1.01$0.69+46.38%Beat-47.1%
    Mar 20
    Reported May 5
    		$1.77$1.71+3.51%Beat-2.2%
    Dec 19
    Reported Jan 31
    		$2.21$1.86+18.82%Beat+20.8%
    Sep 19
    Reported Oct 25
    		$2.04$1.95+4.62%Beat+7.4%
    Jun 19
    Reported Jul 26
    		$1.91$1.98-3.54%Miss-3.0%
    Mar 19
    Reported Apr 25
    		$1.81$1.82-0.55%Miss-4.7%
    Dec 18
    Reported Feb 1
    		$1.83$1.82+0.55%Beat+931.8%
    Sep 18
    Reported Oct 24
    		$1.90$1.88+1.06%Beat+2.7%
    Jun 18
    Reported Jul 23
    		$1.97$1.97+0.00%Beat+16.6%
    Mar 18
    Reported Apr 26
    		$1.90$1.86+2.15%Beat+23.4%
    Dec 17
    Reported Jan 24
    		$-0.22N/A-113.66%Miss-115.8%
    Sep 17
    Reported Oct 23
    		$1.85$1.65+12.12%Beat-
    Jun 17
    Reported Jul 24
    		$1.69$1.63+3.68%Beat-
    Mar 17
    Reported Apr 24
    		$1.54$1.45+6.21%Beat-
    Dec 16
    Reported Jan 25
    		$1.39$1.37+1.46%Beat-

    Dividends

    Dividend Metrics

    Forward Yield2.54%
    Forward Annual Dividend$6.88
    Payout Ratio56.33%
    FrequencyQuarterly
    Pay MonthsJan, Apr, Jul, Oct

    Growth

    3Y CAGR+7.12%
    5Y CAGR+7.07%
    ITW dividend history and ex-dividend datesRun ITW in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio24.57EV/EBITDA17.93x
    Price/FCF26.57xFCF Yield3.76%
    Profitability
    Profit Margin19.40%Operating Margin26.90%
    ROE104.60%ROIC27.23%
    Financial Health
    Debt/Equity3.35xInterest Coverage14.64x
    Current Ratio1.11xQuick Ratio0.81x
    Trading Statistics
    Beta0.97Avg Volume1.39M
    52-Week High$299.9852-Week Low$232.87

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$265.62
    SMA 20$266.40
    SMA 50$273.09
    SMA 200$266.96
    EMA 10$266.73
    EMA 20$266.91
    EMA 50$269.43
    EMA 200$265.01

    MACD

    Line: -0.97Signal: -2.03Hist: 1.06

    ADX

    ADX: 21.9+DI: 24.2-DI: 21.7

    Aroon & PSAR

    Aroon Up44.0
    Aroon Down60.0
    PSAR$255.97

    Bollinger Bands

    Upper Band$274.58
    Lower Band$258.21
    %B Position614%(Upper)
    Band Width0.78

    RSI (14-Day)

    Neutral
    55.1

    Momentum Oscillators

    Stoch %K65.1
    Stoch %D55.2
    Williams %R-22.5
    ROC (10d)3.9%
    Momentum10.17
    CCI (20d)100.7
    MFI (14d)50.3

    Volatility Measures

    ATR (14d)$5.39(2.0%)
    StdDev (20d)4.09
    Hist Vol20.8%(Moderate)

    Volume Flow

    VWAP$272.24
    OBV5.3M
    AD Line-903.3M
    CMF (20d)-0.317

    Volume Metrics

    Avg Vol (20d)1.4M
    Vol Ratio1.0x
    VWMA (20d)$265.84

    Pivot Points

    R3$274.55
    R2$272.06
    R1$270.76
    Pivot Point$268.27
    S1$266.97
    S2$264.48
    S3$263.18

    Advanced Oscillators

    TSI-5.60
    Ultimate Osc50.1
    KST-23.25

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$4.30B$4.02B$4.09B$4.06B$4.05B$3.84B$3.93B$3.97B$4.03B$3.97B$3.98B$4.03B
    Cost of Revenue$2.40B$2.26B$2.28B$2.25B$2.27B$2.16B$2.22B$2.23B$2.26B$2.15B$2.31B$2.32B
    Gross Profit$1.90B$1.76B$1.81B$1.81B$1.78B$1.68B$1.71B$1.74B$1.76B$1.83B$1.67B$1.71B
    Operating Expenses$751.00M$740.00M$724.00M$694.00M$714.00M$727.00M$680.00M$684.00M$711.00M$701.00M$683.00M$642.00M
    R&D$735.00M$722.00M$704.00M$676.00M$693.00M$706.00M$655.00M$658.00M$686.00M$676.00M$658.00M$615.00M
    SG&A$0$0$0$0$0$0$0$0$0$0$0$0
    Operating Income$1.15B$1.02B$1.08B$1.11B$1.07B$951.00M$1.03B$1.05B$1.05B$1.13B$988.00M$1.07B
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$79.00M$73.00M$75.00M$75.00M$74.00M$68.00M$68.00M$69.00M$75.00M$71.00M$70.00M$67.00M
    Income Before Tax$1.08B$967.00M$1.02B$1.05B$998.00M$895.00M$983.00M$1.36B$1.00B$1.07B$927.00M$1.01B
    Income Tax Expense$265.00M$199.00M$234.00M$228.00M$243.00M$195.00M$233.00M$202.00M$246.00M$253.00M$210.00M$241.00M
    Net Income$815.00M$768.00M$790.00M$821.00M$755.00M$700.00M$750.00M$1.16B$759.00M$819.00M$717.00M$772.00M
    EBITDA$1.26B$1.14B$1.20B$1.22B$1.17B$1.06B$1.15B$1.53B$1.18B$1.24B$1.10B$1.18B
    EBIT$1.16B$1.04B$1.10B$1.12B$1.07B$963.00M$1.05B$1.43B$1.08B$1.14B$997.00M$1.08B
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about ITW

    Government Contracts

    Gov Obligations (TTM)
    $11.95M
    Gov Obligations / Revenue
    0.1%
    Obligations YoY
    -39.5%
    Active Awards
    169
    New Awards (TTM)
    115
    Avg Remaining Term
    5.8 mo

    Top agency: Department of Defense at 75.4% of trailing twelve month obligations across 15 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    FA700026P0005Department of DefenseDepartment of the Air Force$874317Jan 21, 2026
    SPMYM225P2136Department of DefenseDefense Logistics Agency$629920Aug 8, 2025
    75F40126P00075Department of Health and Human ServicesFood and Drug Administration$528635Jul 9, 2026
    FA812626P0010Department of DefenseDepartment of the Air Force$514680Dec 23, 2025
    W911SD26PA046Department of DefenseDepartment of the Army$417592Jun 1, 2026
    N0017326P2413Department of DefenseDepartment of the Navy$390670Jan 7, 2026
    W911SD26PA039Department of DefenseDepartment of the Army$346238Jul 1, 2026
    N0016426PG025Department of DefenseDepartment of the Navy$322760Mar 31, 2026
    FA930225P0095Department of DefenseDepartment of the Air Force$255476Aug 15, 2025
    80NSSC26P0478National Aeronautics and Space AdministrationNational Aeronautics and Space Administration$247279Apr 14, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Illinois Tool Works Inc. (ITW) Stock Forecasts

    This article provides an analyst report from Morningstar on Illinois Tool Works Inc. (ITW), highlighting its strong organic growth and wide-moat portfolio. Founded in 1912...

    Yahoo! Finance Canada•10/16/26•Bullish

    These S&P 500 stocks lead in capital efficiency - BofA

    Bank of America's quantitative research indicates that companies generating high returns on invested capital relative to their financing costs consistently outperform the market. The study...

    TradingView•10/16/26•Bullish

    Illinois Tool Works schedules results with a USD 273.42 target for Illinois Tool Works stock

    Illinois Tool Works is scheduled to release its third-quarter 2026 results on October 27, 2026. The company reported strong second-quarter results with revenue of USD 4.30 billion, up 6.10% year over year...

    ad-hoc-news.de•10/16/26•Somewhat-Bullish

    Illinois Tool Works schedules third-quarter results for October 27: stock pre-market at EUR 241.85

    Illinois Tool Works (US4523081093) has announced that its third-quarter 2026 results will be released on October 27, 2026, at 7:00 a.m. CDT...

    ad-hoc-news.de•10/16/26•Neutral

    Illinois Tool Works schedules third-quarter results for October 27: stock pre-market at EUR 241.85

    Illinois Tool Works has scheduled its third-quarter 2026 results release for October 27, 2026, with an earnings webcast planned for 9:00 a.m. CDT. As of October 16, 2026...

    ad-hoc-news.de•10/16/26•Neutral

    ITW Valuation and Fair Value

    P/E
    24.6x
    Forward P/E
    21.9x
    EV/EBITDA
    17.9x
    P/FCF
    26.6x
    PEG
    2.5x
    P/B
    26.8x
    See GNG's fair value

    ITW Profitability: Margins, ROIC and FCF

    Gross margin
    44.2%
    Operating margin
    26.9%
    Net margin
    19.4%
    ROIC
    27.2%
    ROE
    104.6%
    FCF margin
    17.7%
    FCF yield
    3.8%

    ITW Competitors

    CompanyTicker
    Vertiv Holdings CoVRT
    Canadian Pacific Kansas City LimitedCP
    Cintas CorporationCTAS
    Cummins IncCMI
    United Parcel Service IncUPS
    Norfolk Southern CorporationNSC
    3M CompanyMMM
    Canadian National Railway CompanyCNI

    Sector: Industrials

    ITW Analyst Ratings

    Consensus
    Hold
    Analysts
    16
    Strong Buy
    1
    Buy
    1
    Hold
    11
    Sell
    3
    Strong Sell
    0

    ITW Bull Case vs Bear Case

    Bull case

    • ITW earns a 27.2% return on invested capital.
    • ITW converts 17.7% of revenue into free cash flow.
    • ITW beat EPS estimates in 100.0% of its last 8 reported quarters.

    Bear case

    • ITW has a debt-to-equity ratio of 3.3x.

    ITW Earnings: Beat Rate and Next Report

    Beat rate
    8 of 8 quarters (100.0%)
    Average surprise
    2.3%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $2.97
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    11 up, 0 down

    ITW Dividend

    Forward yield
    2.5%
    Payout ratio
    56.3%
    3Y DPS growth
    7.1%
    5Y DPS growth
    7.1%
    Pay months
    Jan, Apr, Jul, Oct
    ITW dividend history

    Frequently Asked Questions About ITW

    What is ITW's current dividend yield?

    Illinois Tool Works Inc (ITW) has a forward dividend yield of 2.54%.

    Does ITW pay dividends?

    Yes, Illinois Tool Works Inc pays dividends with a forward dividend yield of 2.54%.

    What is ITW's P/E ratio?

    Illinois Tool Works Inc has a price-to-earnings (P/E) ratio of 24.57.

    What is ITW's market cap?

    Illinois Tool Works Inc (ITW) has a market capitalization of $76.75B with a current stock price of $271.01.

    Related stocks

    Sector: Industrials

    All stocks starting with I

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In