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Business Segments · Operating Income

Test & Measurement and Electronics — Operating Income

Illinois Tool Works Test & Measurement and Electronics — Operating Income decreased by 83.9% to $164M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 82.8%, from $951M to $164M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026
Rolls up toOperating Income

How to read this metric

Higher operating income indicates strong operational performance, effective cost management, and healthy demand for the segment's products.

Detailed definition

This is the profit generated by the Test and Measurement and Electronics segment after deducting both variable costs and...

Peer comparison

Standard segment operating profit metric used by all diversified industrial companies to evaluate business unit performance.

Metric ID: itw_segment_test_measurement_and_electronics_operating_income

Historical Data

40 periods
 Q2 '21Q2 '21Q3 '21Q3 '21Q4 '21Q4 '21Q1 '22Q1 '22Q2 '22Q2 '22Q3 '22Q3 '22Q4 '22Q4 '22Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '23Q4 '23Q4 '23Q1 '24Q1 '24Q2 '24Q2 '24Q3 '24Q3 '24Q4 '24Q4 '24Q1 '25Q1 '25Q2 '25Q2 '25Q3 '25Q3 '25Q4 '25Q4 '25Q1 '26Q1 '26
Value$893M$160.75M$845M$160.75M$834M$160.75M$895M$171M$926M$171M$983M$171M$986M$171M$972M$171.5M$1.01B$171.5M$1.07B$171.5M$988M$171.5M$1.13B$163M$1.05B$159M$1.05B$179M$1.03B$202M$951M$139M$1.07B$157M$1.11B$177M$1.09B$221M$1.02B$164M
QoQ Change-82.0%+425.7%-81.0%+418.8%-80.7%+456.8%-80.9%+441.5%-81.5%+474.9%-82.6%+476.6%-82.7%+468.4%-82.4%+488.9%-83.0%+523.9%-84.0%+476.1%-82.6%+557.1%-85.5%+546.6%-84.9%+561.6%-83.0%+476.0%-80.4%+370.8%-85.4%+668.3%-85.3%+608.3%-84.1%+513.0%-79.6%+361.5%-83.9%
YoY Change+3.7%-80.9%+16.3%-79.8%+18.2%-79.5%+8.6%-80.8%+9.1%-81.5%+8.9%-82.6%+0.2%-82.6%+15.9%-83.2%+4.4%-84.3%-1.7%-83.3%+4.4%-79.6%-15.6%-87.7%+1.3%-85.1%+5.7%-83.2%+5.2%-78.6%+7.3%-82.8%
Range$139M$1.13B
CAGR-16.0%
Avg YoY Growth-38.2%
Median YoY Growth-47.1%

Frequently Asked Questions

What is Illinois Tool Works's test & measurement and electronics — operating income?
Illinois Tool Works (ITW) reported test & measurement and electronics — operating income of $164M in Q1 2026.
How has Illinois Tool Works's test & measurement and electronics — operating income changed year-over-year?
Illinois Tool Works's test & measurement and electronics — operating income decreased by 82.8% year-over-year, from $951M to $164M.
What does test & measurement and electronics — operating income mean?
The profit earned from the segment's core business operations.