Material Reconciling Items — Operating Income
Illinois Tool Works Material Reconciling Items — Operating Income decreased by 6.0% to $1.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.3%, from $951.00M to $1.02B. Over 4 years (FY 2021 to FY 2025), Material Reconciling Items — Operating Income shows an upward trend with a 4.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase in losses suggests rising corporate overhead or non-recurring centralized expenses, while a decrease indicates improved cost management or lower corporate-level charges.
Detailed definition
This metric captures the net operating income or loss resulting from corporate-level activities that are not attributabl...
Peer comparison
Comparable to 'Corporate Expenses' or 'Unallocated Operating Costs' found in the segment reporting of peer industrial firms.
itw_segment_material_reconciling_items_operating_income_lossHistorical Data
| 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 | $893.00M | $845.00M | $834.00M | $895.00M | $926.00M | $983.00M | $986.00M | $972.00M | $1.01B | $1.07B | $988.00M | $1.13B | $1.05B | $1.05B | $1.03B | $951.00M | $1.07B | $1.11B | $1.09B | $1.02B |
| QoQ Change | — | -5.4% | -1.3% | +7.3% | +3.5% | +6.2% | +0.3% | -1.4% | +3.9% | +5.9% | -7.7% | +14.1% | -6.5% | -0.2% | -2.0% | -7.8% | +12.3% | +4.1% | -2.4% | -6.0% |
| YoY Change | — | — | — | — | +3.7% | +16.3% | +18.2% | +8.6% | +9.1% | +8.9% | +0.2% | +15.9% | +4.4% | -1.7% | +4.4% | -15.6% | +1.3% | +5.7% | +5.2% | +7.3% |
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Frequently Asked Questions
- What is Illinois Tool Works's material reconciling items — operating income?
- Illinois Tool Works (ITW) reported material reconciling items — operating income of $1.02B in Q1 2026.
- How has Illinois Tool Works's material reconciling items — operating income changed year-over-year?
- Illinois Tool Works's material reconciling items — operating income increased by 7.3% year-over-year, from $951.00M to $1.02B.
- What is the long-term trend for Illinois Tool Works's material reconciling items — operating income?
- Over 4 years (2021 to 2025), Illinois Tool Works's material reconciling items — operating income has grown at a 4.9% compound annual growth rate (CAGR), from $3.48B to $4.22B.
- What does material reconciling items — operating income mean?
- The net operating costs or gains managed at the corporate level that are not allocated to individual business segments.