Illinois Tool Works Test & Measurement and Electronics — Overhead expenses increased by 4.0% to $233.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $224.00M to $233.00M. Over 3 years (FY 2022 to FY 2025), Test & Measurement and Electronics — Overhead expenses shows relatively stable performance with a 2.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A decrease relative to revenue indicates improved operating leverage and cost control, while an increase may suggest rising administrative burden.
This encompasses the indirect costs required to operate the Test and Measurement and Electronics segment, including admi...
Comparable to SG&A or fixed overhead allocations in other industrial manufacturing segments.
itw_segment_test_measurement_and_electronics_overhead_expenses| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $209.75M | $209.75M | $209.75M | $209.75M | $219.75M | $219.75M | $219.75M | $219.75M | $228.00M | $230.00M | $227.00M | $224.00M | $231.00M | $227.00M | $224.00M | $233.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +4.8% | +0.0% | +0.0% | +0.0% | +3.8% | +0.9% | -1.3% | -1.3% | +3.1% | -1.7% | -1.3% | +4.0% |
| YoY Change | — | — | — | — | +4.8% | +4.8% | +4.8% | +4.8% | +3.8% | +4.7% | +3.3% | +1.9% | +1.3% | -1.3% | -1.3% | +4.0% |