What is Illinois Tool Works's market cap?

Illinois Tool Works (ITW) has a market capitalization of $76.3B and trades on NYSE.

What is Illinois Tool Works's revenue and profitability?

Illinois Tool Works generated $16.2B in trailing twelve-month revenue with net income of $3.1B, representing a net margin of 19.3%. Gross margin stands at 44.1%, with free cash flow of $2.7B. These figures are based on the Q1 2026 filing.

Who are Illinois Tool Works's competitors?

Illinois Tool Works's key competitors include Lincoln Electric Holdings, Inc., Stanley Black & Decker, Middleby Corporation, and others. These companies compete in similar markets and product categories.

What subsidiaries does Illinois Tool Works have?

Illinois Tool Works's subsidiaries include Hobart, Miller, Instron, and others.

Where is Illinois Tool Works headquartered?

Illinois Tool Works is headquartered in United States of America and employs approximately 45,000 people. It has been publicly traded since 1973.

Illinois Tool Works

ITW

Illinois Tool Works Inc. (ITW) is a global industrial manufacturer that operates a highly diversified portfolio of specialized equipment, consumables, and components.

Market cap

$76.27B+0.6%

Revenue$16.2B+2.9%

Net income$3.1B-7.0%

Free cash flow$2.7B-3.8%

EPS (diluted)$10.77-5.3%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

April 30, 2026

Revenue$4.0BBeat by $6.1M EPS$2.66Beat by $0.09

Read the full report

Next report

Jul 28, 2026 (In 2 weeks)

Revenue estimate$4.2B

EPS estimate$2.80

Financials

Q1 2026

Income statement

See full

Revenue$4.0B+4.6%

Gross profit$1.8B+4.9%

Operating income$1.0B+7.3%

Net income$768.0M+9.7%

EPS (diluted)$2.66+11.8%

Balance sheet

See full

Cash & equivalents$827.0M-5.3%

Total debt$6.6B-9.3%

Total assets$16.3B+5.1%

Cash flow

See full

Operating cash flow$623.0M+5.2%

CapEx$95.0M-1.0%

Free cash flow$528.0M+6.5%

Valuation & ratios

Valuation

See full

Market cap$76.27B+0.6%

Enterprise value$82.05B-0.8%

P/E24.3×+1.8×

P/S4.7×-0.1×

Profitability

See full

Gross margin44.1%+0.4pp

Operating margin26.4%+0.5pp

Net margin19.3%-2.1pp

FCF margin16.9%-1.2pp

Returns & leverage

See full

Current ratio1.2×-0.4×

Segments

By segment

See full

Automotive OEM$820.0M+4.3%

Test & Measurement and Electronics$715.0M+9.7%

Food Equipment$637.0M+1.6%

Welding$507.0M+7.4%

Construction Products$458.0M+3.4%

Competitors

By market cap

3M$80.7B-2.0%

Illinois Tool Works$76.3B+0.6%

LEC

Lincoln Electric Holdings$13.6B+12.4%

Stanley Black & Decker$13.4B+21.7%

Middleby$6.0B-24.8%

ESAB$5.4B-29.3%

Enerpac Tool Group$1.9B-8.4%

Matthews International$817.8M+3.7%

By revenue growth

LEC

Lincoln Electric Holdings+7.9%

ESAB+6.6%

Middleby+5.8%

Enerpac Tool Group+4.3%

Illinois Tool Works+2.9%

3M+2.1%

Stanley Black & Decker-0.1%

Matthews International-28.9%

By net margin

Illinois Tool Works19.32%-2.1pp

Enerpac Tool Group14.72%+0.1pp

LEC

Lincoln Electric Holdings12.38%+0.9pp

3M11.14%-6.7pp

ESAB7.12%-2.9pp

Stanley Black & Decker2.44%0.0pp

Matthews International0.802%+5.4pp

Middleby-12.69%-26.6pp

Profile

Illinois Tool Works Inc. (ITW) is a global industrial manufacturer that operates a highly diversified portfolio of specialized equipment, consumables, and components. The company utilizes a proprietary '80/20 Front-to-Back' business model to focus on high-margin, niche market opportunities across 49 countries. ITW creates value through customer-back innovation, addressing complex technical pain points for sophisticated industrial and commercial clients.

Competitive position

ITW maintains a leading position through a decentralized entrepreneurial structure and a massive portfolio of over 21,000 patents. Its competitive edge is driven by the 80/20 Front-to-Back process which optimizes operational excellence and customer-back innovation.

GeographiesUnited States, Global

Customer segmentsOriginal Equipment Manufacturers, Industrial Manufacturers, Commercial Food Service, Construction Contractors

Business modelDirect-to-manufacturer sales, Distribution-led sales, Aftermarket services, IP-licensing

SuppliersSteel suppliers, Resin manufacturers, Chemical producers, Energy providers

CustomersIndustrial manufacturers, Independent distributors, Retail hardware stores, Automotive service centers

CountryUnited States of America

Listed1973

Employees45.0K

CEOChristopher A. O'Herlihy

SectorIndustrials

IndustryIndustrial - Machinery

Websiteitw.com

FilingsSEC EDGAR

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Questions, answered.

What is Illinois Tool Works's market cap?: Illinois Tool Works (ITW) has a market capitalization of $76.3B and trades on NYSE.
What is Illinois Tool Works's revenue and profitability?: Illinois Tool Works generated $16.2B in trailing twelve-month revenue with net income of $3.1B, representing a net margin of 19.3%. Gross margin stands at 44.1%, with free cash flow of $2.7B. These figures are based on the Q1 2026 filing.
Who are Illinois Tool Works's competitors?: Illinois Tool Works's key competitors include Lincoln Electric Holdings, Inc., Stanley Black & Decker, Middleby Corporation, and others. These companies compete in similar markets and product categories.
What subsidiaries does Illinois Tool Works have?: Illinois Tool Works's subsidiaries include Hobart, Miller, Instron, and others.
Where is Illinois Tool Works headquartered?: Illinois Tool Works is headquartered in United States of America and employs approximately 45,000 people. It has been publicly traded since 1973.