What does polymers & fluids — overhead expenses mean?

This metric captures the indirect operating costs required to support the Polymers and Fluids segment, excluding direct production costs. It encompasses administrative, selling, and general support expenses necessary for segment operations. Tracking these expenses provides insight into the segment's operational leverage and the effectiveness of cost-control initiatives.

Illinois Tool Works (ITW) Polymers & Fluids — Overhead expenses

Screener

Other segment segments

Test & Measurement and Electronics

$241M+6.2%

Automotive OEM

$211M+2.4%

Food Equipment

$182M+2.2%

Construction Products

$122M+3.4%

Welding

$117M+11.4%

Specialty Products

$103M+3.0%

Similar metrics at other companies

SPHRSphere — Overhead expenses

$106.6M+10.6%

SPHRMSG Networks — Overhead expenses

$15.11M-15.4%

GPGIHusky Holdings — Overhead

$32.6M—

IPGPReportable Segment — Cost, Overhead

-$75.05M-22.3%

HWK

HWKNIndustrial Solutions — Cost, Overhead

$3.04M+25.8%

HWK

HWKNWater Treatment — Cost, Overhead

$18.32M+9.9%

Other financials

Income statement

See full

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

See full

Cash & equivalents$839.0M+6.5%

Total debt$9.7B+26.0%

Total assets$16.5B+2.8%

Cash flow

See full

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$85.54B+14.0%

Enterprise value$94.39B+15.2%

P/E26.8×+4.5×

P/S5.2×+0.4×

Profitability

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Gross margin44.2%+0.4pp

Operating margin26.5%+0.5pp

Net margin19.4%-1.9pp

FCF margin17.7%+0.5pp

Returns & leverage

See full

Current ratio1.1×-0.5×

Where this comes from

Reported directly by Illinois Tool Works in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSoldOverhead.

The source filing: Illinois Tool Works’s 10-Q, filed August 6, 2026.

Filed: Aug 6, 2026, 3:34 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0000049826-26-000049

In millions	Three Months Ended / June 30, 2026	Three Months Ended / June 30, 2025	Six Months Ended / June 30, 2026	Six Months Ended / June 30, 2025
Food Equipment	182	178	364	355
Test & Measurement and Electronics	241	227	483	458
Welding	117	105	234	210
Polymers & Fluids	113	109	229	219
Construction Products	122	118	239	231
Specialty Products	103	100	204	199
Total segments	$1,089	$1,043	$2,169	$2,078
Operating income:

ITEM 1. Financial Statements

FAQ

What is Illinois Tool Works's polymers & fluids — overhead expenses?: Illinois Tool Works (ITW) reported polymers & fluids — overhead expenses of $113M in Q2 2026.
What does polymers & fluids — overhead expenses mean?: This metric captures the indirect operating costs required to support the Polymers and Fluids segment, excluding direct production costs. It encompasses administrative, selling, and general support expenses necessary for segment operations. Tracking these expenses provides insight into the segment's operational leverage and the effectiveness of cost-control initiatives.