Illinois Tool Works Inc. ITW
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
Growth
Revenue compounded at +5.0% a year over the five years to FY2025 — but profit grew faster: net income at +7.8%, earnings per share at +9.6%.
The share count fell from 0.32B to 0.29B — the buyback concentrates the same profit into fewer slices.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Profitability
Each USD of equity produced 94 cents of profit this year.
The 19-year record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue $B | 16.0 | 15.9 | 16.1 | 15.9 | 14.5 | 12.6 | 14.1 | 14.8 | 14.3 | 13.6 | 13.4 | 14.5 | 14.1 | 14.8 | 14.5 | 15.4 | 13.6 | 17.1 | 16.1 |
| Operating income $B | 4.2 | 4.3 | 4.0 | 3.8 | 3.5 | 2.9 | 3.4 | 3.6 | 3.5 | 3.1 | 2.9 | 2.9 | 2.5 | 2.5 | 2.4 | 2.3 | 1.4 | 2.5 | 2.6 |
| EBITDA $B | 4.5 | 4.6 | 4.3 | 4.1 | 3.8 | 3.2 | 3.7 | 3.9 | 3.7 | 3.3 | 3.1 | 3.1 | 2.8 | 2.8 | 2.7 | 2.6 | 1.8 | 2.9 | 3.0 |
| Income tax $B | 0.9 | 0.9 | 0.9 | 0.8 | 0.6 | 0.6 | 0.8 | 0.8 | 1.6 | 0.9 | 0.8 | 0.8 | 0.7 | 1.0 | 0.4 | 0.6 | 0.2 | 0.7 | 0.8 |
| Net income $B | 3.1 | 3.5 | 3.0 | 3.0 | 2.7 | 2.1 | 2.5 | 2.6 | 1.7 | 2.0 | 1.9 | 2.9 | 1.7 | 2.9 | 2.1 | 1.5 | 1.0 | 1.5 | 1.9 |
| Free cash flow $B | 2.7 | 2.8 | 3.1 | 1.9 | 2.3 | 2.6 | 2.7 | 2.4 | 2.1 | 2.0 | 2.0 | 1.3 | 2.2 | 1.7 | 1.6 | 1.2 | 1.9 | 1.9 | 2.1 |
| EPS, diluted $ | 10.49 | 11.71 | 9.74 | 9.77 | 8.51 | 6.63 | 7.74 | 7.60 | 4.86 | 5.70 | 5.13 | 7.28 | 3.74 | 6.06 | 4.19 | 2.99 | 1.94 | 2.91 | 3.36 |
| Dividend / sh $ | 6.22 | 5.80 | 5.42 | 5.06 | 4.72 | 4.42 | 4.14 | 3.56 | 2.86 | 2.40 | 2.07 | 1.81 | 1.60 | 1.48 | 1.40 | 1.30 | 1.24 | 1.18 | ◌ |
| Payout % | 58 | 49 | 55 | 51 | 54 | 65 | 52 | 44 | 56 | 40 | 39 | 24 | 31 | 30 | 33 | 42 | 64 | 39 | 27 |
| ROE % | 93.7 | 110.2 | 96.9 | 90.4 | 79.1 | 67.9 | 80.2 | 65.3 | 38.1 | 42.9 | 31.5 | 35.6 | 16.6 | 27.9 | 21.1 | 16.3 | 11.8 | 19.8 | ◌ |
| Shares out B | 0.29 | 0.29 | 0.30 | 0.30 | 0.31 | 0.32 | 0.32 | 0.33 | 0.34 | 0.35 | 0.36 | 0.38 | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ |
Slide the table for earlier years. "—" not applicable · "◌" not available in our data.
Company facts, as filed
Reconciled in 19 of the 19 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2008. One check was skipped: the share count is not tagged before 2008.