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Other financials

Income statement

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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

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Cash & equivalents$827.0M-5.3%
Total debt$6.6B-9.3%
Total assets$16.3B+5.1%

Cash flow

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Operating cash flow$623.0M+5.2%
CapEx$95.0M-1.0%
Free cash flow$528.0M+6.5%

Valuation

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Market cap$75.41B+3.1%
Enterprise value$81.19B+2.0%
P/E24.1×+2.3×
P/S4.7×0.0×

Profitability

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Gross margin44.1%+0.4pp
Operating margin26.4%+0.5pp
Net margin19.3%-2.1pp

Returns & leverage

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Current ratio1.2×-0.4×

Where this comes from

Calculated from Illinois Tool Works’s reported figures.

Based on the most recent quarter.

The official record: Illinois Tool Works’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Illinois Tool Works's EV / sales?
Illinois Tool Works (ITW) reported EV / sales of 5× in Q1 2026.
How has Illinois Tool Works's EV / sales changed year-over-year?
Illinois Tool Works's EV / sales decreased by 0.9% year-over-year, from 5× to 5×.
What is the long-term trend for Illinois Tool Works's EV / sales?
Over 4 years (2021 to 2025), Illinois Tool Works's EV / sales has grown at a -0.3% compound annual growth rate (CAGR), from 20.4× to 20.1×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.