Illinois Tool Works Food Equipment — Operating Income decreased by 19.9% to $157.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.4%, from $166.00M to $157.00M. Over 4 years (FY 2021 to FY 2025), Food Equipment — Operating Income shows an upward trend with a 12.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher operating income reflects strong operational performance and effective cost management within the segment.
The profit earned by the food equipment segment after deducting both variable costs of revenue and overhead expenses fro...
The standard benchmark for comparing the profitability of business segments across diversified industrial firms.
itw_segment_food_equipment_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 | $117.25M | $117.25M | $117.25M | $154.50M | $154.50M | $154.50M | $154.50M | $178.25M | $178.25M | $178.25M | $178.25M | $164.00M | $180.00M | $193.00M | $182.00M | $166.00M | $189.00M | $202.00M | $196.00M | $157.00M |
| QoQ Change | — | +0.0% | +0.0% | +31.8% | +0.0% | +0.0% | +0.0% | +15.4% | +0.0% | +0.0% | +0.0% | -8.0% | +9.8% | +7.2% | -5.7% | -8.8% | +13.9% | +6.9% | -3.0% | -19.9% |
| YoY Change | — | — | — | — | +31.8% | +31.8% | +31.8% | +15.4% | +15.4% | +15.4% | +15.4% | -8.0% | +1.0% | +8.3% | +2.1% | +1.2% | +5.0% | +4.7% | +7.7% | -5.4% |