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Business Segments · Operating Income

Welding — Operating Income

Illinois Tool Works Welding — Operating Income decreased by 84.0% to $163M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 82.9%, from $951M to $163M. 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

An increase signifies improved profitability, operational efficiency, or higher sales volume.

Detailed definition

This is the profit earned from the welding segment's core business operations after deducting both variable and overhead...

Peer comparison

The standard benchmark for comparing the performance of different business segments.

Metric ID: itw_segment_welding_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$122.5M$845M$122.5M$834M$122.5M$895M$145.75M$926M$145.75M$983M$145.75M$986M$145.75M$972M$151.25M$1.01B$151.25M$1.07B$151.25M$988M$151.25M$1.13B$156M$1.05B$153M$1.05B$149M$1.03B$139M$951M$153M$1.07B$159M$1.11B$156M$1.09B$153M$1.02B$163M
QoQ Change-86.3%+589.8%-85.5%+580.8%-85.3%+630.6%-83.7%+535.3%-84.3%+574.4%-85.2%+576.5%-85.2%+566.9%-84.4%+567.8%-85.0%+607.4%-85.9%+553.2%-84.7%+645.1%-86.2%+575.6%-85.5%+587.6%-85.8%+591.9%-86.5%+584.2%-83.9%+598.0%-85.1%+599.4%-86.0%+595.5%-85.9%+566.7%-84.0%
YoY Change+3.7%-83.7%+16.3%-82.8%+18.2%-82.5%+8.6%-83.1%+9.1%-83.7%+8.9%-84.6%+0.2%-84.7%+15.9%-84.0%+4.4%-84.9%-1.7%-86.1%+4.4%-85.9%-15.6%-86.4%+1.3%-84.9%+5.7%-85.2%+5.2%-85.2%+7.3%-82.9%
Range$122.5M$1.13B
CAGR-16.0%
Avg YoY Growth-39.3%
Median YoY Growth-49.1%

Frequently Asked Questions

What is Illinois Tool Works's welding — operating income?
Illinois Tool Works (ITW) reported welding — operating income of $163M in Q1 2026.
How has Illinois Tool Works's welding — operating income changed year-over-year?
Illinois Tool Works's welding — operating income decreased by 82.9% year-over-year, from $951M to $163M.
What does welding — operating income mean?
The profit generated by the welding segment from its core business activities.