What is Illinois Tool Works's net income?

Illinois Tool Works (ITW) reported net income of $768M in Q1 2026.

How has Illinois Tool Works's net income changed year-over-year?

Illinois Tool Works's net income increased by 9.7% year-over-year, from $700M to $768M.

What is the long-term trend for Illinois Tool Works's net income?

Over 4 years (2021 to 2025), Illinois Tool Works's net income has grown at a 3.3% compound annual growth rate (CAGR), from $2.69B to $3.07B.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

Illinois Tool Works ITW Net Income

Net Income at other companies

HES

Hess MidstreamHESM

$157.7M-2.3%

Cabot CorporationCBT

$78M-25.7%

Travel + LeisureTNL

$79M+8.2%

UnifirstUNF

$20.48M-16.3%

Main Street CapitalMAIN

$48.98M-57.8%

Middlesex Water CompanyMSEX

$10.61M+11.9%

Other financials

Income statement

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Revenue$4.0B+4.6%

Gross profit$1.8B+4.9%

Operating income$1.0B+7.3%

Net income$768.0M+9.7%

EPS (diluted)$2.66+11.8%

Balance sheet

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Cash & equivalents$827.0M-5.3%

Total debt$6.6B-9.3%

Total assets$16.3B+5.1%

Cash flow

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Operating cash flow$623.0M+5.2%

CapEx$95.0M-1.0%

Free cash flow$528.0M+6.5%

Valuation

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Market cap$77.85B+10.3%

Enterprise value$83.63B+8.6%

P/E24.8×+3.9×

P/S4.8×+0.3×

Profitability

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Gross margin44.1%+0.4pp

Operating margin26.4%+0.5pp

Net margin19.3%-2.1pp

FCF margin16.9%-1.2pp

Returns & leverage

See full

Current ratio1.2×-0.4×

Where this comes from

Reported directly by Illinois Tool Works in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The official record: Illinois Tool Works’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Illinois Tool Works's net income?: Illinois Tool Works (ITW) reported net income of $768M in Q1 2026.
How has Illinois Tool Works's net income changed year-over-year?: Illinois Tool Works's net income increased by 9.7% year-over-year, from $700M to $768M.
What is the long-term trend for Illinois Tool Works's net income?: Over 4 years (2021 to 2025), Illinois Tool Works's net income has grown at a 3.3% compound annual growth rate (CAGR), from $2.69B to $3.07B.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.