Illinois Tool Works Inc. (ITW)

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236.31

8.70 (3.82%)

At close: Apr 22, 2025, 3:59 PM

240.00

1.56%

After-hours: Apr 22, 2025, 05:46 PM EDT

Illinois Tool Works Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 30, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	15.9B	15.95B	16.01B	16.06B	16.11B	16.09B	16.07B	16.01B	15.93B	15.64B	15.19B	14.85B	14.46B	14.25B	14B	12.89B	12.57B	12.57B	12.74B	13.79B	14.11B	14.22B	14.35B	14.58B	14.77B	14.82B	14.82B	14.59B	14.31B	14.08B	13.96B	13.8B	13.6B	13.47B	13.33B	13.34B
Cost of Revenue	8.88B	8.97B	9.06B	9.12B	9.32B	9.31B	9.37B	9.41B	9.43B	9.31B	9.04B	8.81B	8.49B	8.3B	8.11B	7.54B	7.38B	7.4B	7.49B	8B	8.19B	8.26B	8.35B	8.48B	8.6B	8.63B	8.63B	8.49B	8.31B	8.19B	8.12B	8B	7.9B	7.83B	7.76B	7.81B
Gross Profit	7.01B	6.97B	6.95B	6.94B	6.79B	6.78B	6.71B	6.6B	6.5B	6.33B	6.15B	6.04B	5.97B	5.95B	5.89B	5.35B	5.2B	5.17B	5.25B	5.79B	5.92B	5.96B	6B	6.09B	6.16B	6.18B	6.19B	6.1B	6B	5.89B	5.84B	5.79B	5.7B	5.64B	5.58B	5.52B
Operating Income	4.26B	4.22B	4.24B	4.2B	4.04B	4.04B	3.95B	3.87B	3.79B	3.64B	3.5B	3.47B	3.48B	3.53B	3.47B	3.03B	2.88B	2.82B	2.9B	3.32B	3.4B	3.44B	3.46B	3.52B	3.58B	3.57B	3.65B	3.59B	3.49B	3.39B	3.23B	3.15B	3.06B	3B	2.95B	2.89B
Interest Income	44M	51M	118M	187M	247M	230M	215M	146M	86M	64M	12M	12M	12M	17M	17M	17M	17M	29M	29M	29M	29M	35M	35M	35M	35M	45M	45M	45M	45M	38M	38M	38M	38M	n/a	n/a	n/a
Pretax Income	4.42B	4.37B	4.02B	3.97B	3.82B	4.02B	3.96B	3.9B	3.84B	3.51B	3.36B	3.32B	3.33B	3.36B	3.29B	2.83B	2.7B	2.71B	2.81B	3.23B	3.29B	3.27B	3.27B	3.33B	3.39B	3.37B	3.44B	3.37B	3.27B	3.2B	3.06B	2.99B	2.91B	2.82B	2.78B	2.72B
Net Income	3.49B	3.46B	3.07B	3.06B	2.96B	3.15B	3.1B	3.09B	3.03B	2.74B	2.65B	2.69B	2.69B	2.73B	2.67B	2.21B	2.11B	2.11B	2.19B	2.49B	2.52B	2.49B	2.46B	2.51B	2.56B	1.88B	1.88B	1.8B	1.69B	2.27B	2.17B	2.1B	2.04B	1.98B	1.95B	1.91B
Selling & General & Admin	2.67B	2.68B	2.63B	2.64B	2.64B	2.62B	2.63B	2.6B	2.58B	2.56B	2.51B	2.44B	2.36B	2.29B	2.27B	2.17B	2.16B	2.19B	2.2B	2.31B	2.36B	2.35B	2.37B	2.39B	2.39B	2.42B	2.43B	2.39B	2.38B	2.38B	2.39B	2.42B	2.42B	2.42B	2.39B	2.4B
Research & Development	1.36B	1.65B	2.26B	2.27B	2.26B	3.9B	3.87B	3.83B	3.81B	4.25B	4.25B	4.18B	4.09B	3.9B	3.88B	3.77B	3.77B	3.97B	3.97B	4.08B	4.14B	4.17B	4.18B	4.2B	4.2B	4.21B	4.22B	4.19B	4.18B	4.2B	4.21B	4.24B	4.23B	4.24B	4.21B	4.22B
Other Expenses	26M	-5M	5M	-1M	-620M	-2.5B	-3.06B	-3.71B	-3.03B	-1.13B	-573M	74M	51M	37M	29M	15M	28M	93M	117M	118M	107M	68M	52M	69M	67M	60M	60M	44M	36M	71M	74M	81M	81M	47M	57M	61M
Operating Expenses	2.75B	2.75B	2.71B	2.75B	2.75B	2.74B	2.76B	2.73B	2.71B	2.69B	2.65B	2.58B	2.49B	2.43B	2.42B	2.32B	2.32B	2.35B	2.34B	2.46B	2.52B	2.52B	2.54B	2.57B	2.58B	2.61B	2.62B	2.59B	2.59B	2.59B	2.61B	2.64B	2.64B	2.64B	2.62B	2.63B
Interest Expense	283M	285M	283M	277M	266M	252M	237M	215M	203M	196M	193M	198M	202M	205M	208M	207M	206M	205M	205M	209M	221M	233M	245M	254M	257M	260M	261M	262M	260M	257M	250M	243M	237M	232M	233M	230M
Selling & Marketing Expenses	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	-3M	-3M	-3M	-3M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	11.63B	11.73B	11.78B	11.87B	12.07B	12.06B	12.12B	12.14B	12.14B	12B	11.69B	11.38B	10.98B	10.72B	10.53B	9.86B	9.69B	9.74B	9.84B	10.46B	10.71B	10.78B	10.89B	11.06B	11.18B	11.24B	11.25B	11.08B	10.9B	10.78B	10.73B	10.64B	10.54B	10.47B	10.38B	10.44B
Income Tax Expense	934M	911M	950M	911M	866M	870M	859M	817M	808M	777M	714M	637M	632M	631M	621M	620M	595M	603M	628M	743M	767M	786M	801M	827M	831M	1.49B	1.56B	1.57B	1.58B	930M	892M	886M	873M	838M	824M	814M
Shares Outstanding (Basic)	294.7M	296.1M	297.6M	298.9M	300.1M	301.9M	303.3M	305M	306.8M	308.8M	310.6M	312.5M	313.6M	314.6M	315.6M	316.6M	316.7M	316.5M	316.1M	318.3M	321.2M	322.3M	324.8M	327.3M	329.8M	333.3M	336.7M	340.2M	340.41M	343.4M	344.7M	346.2M	348.3M	353.5M	356.6M	362M
Shares Outstanding (Diluted)	295.8M	297M	298.5M	300M	301.1M	303M	304.2M	306.1M	307.9M	309.7M	311.5M	313.7M	315M	315.9M	316.9M	317.9M	318.1M	317.9M	317.4M	319.7M	322.9M	324M	326.6M	329.6M	331.6M	335.3M	338.9M	342.8M	342.1M	346M	347.5M	349M	350.4M	355.5M	358.5M	363.9M
EPS (Basic)	11.76	11.60	10.24	10.18	9.78	10.35	10.14	10.03	9.81	8.79	8.47	8.55	8.55	8.64	8.45	7.00	6.66	6.63	6.84	7.75	7.79	7.63	7.49	7.55	7.65	5.59	5.54	5.26	4.89	6.57	6.22	5.99	5.73	5.51	5.40	5.24
EPS (Diluted)	11.72	11.56	10.20	10.14	9.74	10.31	10.11	10.00	9.78	8.76	8.43	8.51	8.51	8.60	8.41	6.97	6.63	6.60	6.81	7.71	7.75	7.59	7.45	7.51	7.60	5.55	5.50	5.22	4.86	6.53	6.18	5.95	5.70	5.48	5.37	5.21
EBITDA	5.09B	5.03B	4.67B	4.63B	4.47B	4.47B	4.39B	4.31B	4.24B	4.09B	3.95B	3.91B	3.91B	3.96B	3.91B	3.46B	3.32B	3.27B	3.33B	3.77B	3.85B	3.9B	3.93B	4B	4.07B	4.05B	4.04B	3.96B	3.86B	3.75B	3.68B	3.62B	3.53B	3.47B	3.39B	3.33B
EBIT	4.69B	4.63B	4.28B	4.24B	4.08B	4.07B	3.99B	3.9B	3.83B	3.67B	3.53B	3.5B	3.5B	3.55B	3.49B	3.04B	2.9B	2.84B	2.92B	3.35B	3.43B	3.46B	3.48B	3.54B	3.6B	3.59B	3.58B	3.5B	3.4B	3.29B	3.22B	3.17B	3.08B	3.04B	3.01B	2.95B
Depreciation & Amortization	402M	399M	392M	393M	395M	395M	400M	403M	410M	415M	417M	416M	410M	411M	425M	423M	427M	427M	413M	420M	426M	367M	310M	251M	189M	193M	197M	201M	206M	210M	215M	218M	224M	227M	228M	231M