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Illinois Tool Works ITW Free cash flow margin

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Other financials

Income statement

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Revenue$4.3B+6.1%
Gross profit$1.9B+6.5%
Operating income$1.1B+7.4%
Net income$815.0M+7.9%
EPS (diluted)$2.84+10.1%

Balance sheet

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Cash & equivalents$839.0M+6.5%
Total debt$6.5B-14.9%
Total assets$16.3B+5.1%

Cash flow

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Operating cash flow$723.0M+31.5%
CapEx$92.0M-8.9%
Free cash flow$631.0M+40.5%

Valuation

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Market cap$82.56B+11.7%
Enterprise value$88.33B+9.2%
P/E25.9×+3.9×
P/S+0.3×

Profitability

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Gross margin44.2%+0.4pp
Operating margin26.5%+0.5pp
Net margin19.4%-1.9pp

Returns & leverage

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Current ratio1.1×-0.5×

Where this comes from

Calculated from Illinois Tool Works’s reported figures.

Based on trailing twelve months.

The source filing: Illinois Tool Works’s 8-K, filed July 28, 2026. Open the filing →

Filed
Jul 28, 2026, 9:21 AM EDT
Accession
0000049826-26-000047

FAQ

What is Illinois Tool Works's free cash flow margin?
Illinois Tool Works (ITW) reported free cash flow margin of 17.7% in Q2 2026.
How has Illinois Tool Works's free cash flow margin changed year-over-year?
Illinois Tool Works's free cash flow margin increased by 2.8% year-over-year, from 17.3% to 17.7%.
What is the long-term trend for Illinois Tool Works's free cash flow margin?
Over 5 years (2020 to 2025), Illinois Tool Works's free cash flow margin has grown at a -3.8% compound annual growth rate (CAGR), from 20.4% to 16.9%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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