Illinois Tool Works Operating Income decreased by 6.0% to $1.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.3%, from $951.00M to $1.02B. Over 4 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 4.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth in operating income suggests that the core business is becoming more profitable and efficient.
The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...
This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.
is_operating_income| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $893.00M | $845.00M | $834.00M | $895.00M | $926.00M | $983.00M | $986.00M | $972.00M | $1.01B | $1.07B | $988.00M | $1.13B | $1.05B | $1.05B | $1.03B | $951.00M | $1.07B | $1.11B | $1.09B | $1.02B |
| QoQ Change | — | -5.4% | -1.3% | +7.3% | +3.5% | +6.2% | +0.3% | -1.4% | +3.9% | +5.9% | -7.7% | +14.1% | -6.5% | -0.2% | -2.0% | -7.8% | +12.3% | +4.1% | -2.4% | -6.0% |
| YoY Change | — | — | — | — | +3.7% | +16.3% | +18.2% | +8.6% | +9.1% | +8.9% | +0.2% | +15.9% | +4.4% | -1.7% | +4.4% | -15.6% | +1.3% | +5.7% | +5.2% | +7.3% |
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Automotive OEM | $157.00M | $150.00M | $156.00M | $151.00M | $180.00M | $182.00M | $180.00M | $173.00M |
| Testand Measurementand Electronics | $159.00M | $179.00M | $202.00M | $139.00M | $157.00M | $177.00M | $221.00M | $164.00M |
| Welding | $153.00M | $149.00M | $139.00M | $153.00M | $159.00M | $156.00M | $153.00M | $163.00M |
| Food Equipment | $180.00M | $193.00M | $182.00M | $166.00M | $189.00M | $202.00M | $196.00M | $157.00M |
| Construction Products | $148.00M | $145.00M | $123.00M | $130.00M | $145.00M | $149.00M | $126.00M | $135.00M |
| Specialty Products | $144.00M | $136.00M | $118.00M | $135.00M | $148.00M | $146.00M | $124.00M | $135.00M |
| Polymers And Fluids | $128.00M | $125.00M | — | — | — | — | — | $126.00M |
| Total | $1.05B | $1.05B | $1.03B | $951.00M | $1.07B | $1.11B | $1.09B | $1.02B |