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Illinois Tool Works ITW Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin44.1%0.0pp44.1%+0.2pp43.9%+0.2pp43.7%0.0pp43.7%-0.6pp
Operating margin26.4%+0.1pp26.3%+0.1pp26.2%+0.2pp26%0.0pp25.9%-0.9pp
Net margin19.3%+0.2pp19.1%+0.1pp19.1%-2.3pp21.3%-0.1pp21.4%-0.6pp
EBITDA margin28.4%+0.2pp28.3%+0.1pp28.2%+0.2pp27.9%+0.1pp27.9%-0.9pp
Free cash flow margin16.9%0.0pp16.9%-1.0pp17.9%+0.7pp17.3%-0.8pp18.1%+0.2pp
Returns
Return on assets19.8%+0.1pp19.6%+0.7pp18.9%-2.3pp21.3%-0.8pp22.1%-0.7pp
Efficiency
Asset turnover0.0×0.0×0.0×0.0×0.0×
Inventory turnover5.3×-0.1×5.5×+0.5×0.0×-0.1×5.1×-0.3×
Liquidity
Current ratio1.2×0.0×1.2×-0.3×1.5×-0.1×1.6×0.0×1.6×+0.2×
Quick ratio0.9×0.0×0.9×-0.2×1.1×0.0×1.2×0.0×1.2×+0.2×
Cash ratio0.2×0.0×0.2×-0.1×0.2×0.0×0.2×0.0×0.2×0.0×
Leverage
Debt-to-assets0.4×-0.1×0.5×0.0×0.5×0.0×0.5×0.0×0.5×0.0×
Net debt / EBITDA1.3×-0.3×1.6×+0.1×1.5×-0.1×1.6×+0.1×1.5×+0.1×
Interest coverage14.4×0.0×14.4×-0.2×14.6×-0.1×14.7×+0.1×14.6×-0.5×
Valuation
Market capitalization$74.98B+4.9%$71.45B-6.0%$76.01B+5.4%$72.11B-0.9%$72.76B-2.8%
Enterprise value$80.76B+2.8%$78.52B-5.1%$82.76B+4.7%$79.02B-0.2%$79.17B-2.5%
Price / earnings23.9×+0.6×23.3×-1.8×25.1×+3.7×21.4×-0.2×21.6×+0.1×
Price / sales4.6×+0.2×4.5×-0.3×4.8×+0.2×4.6×0.0×4.6×-0.1×
EV / EBITDA17.5×+0.2×17.3×-1.2×18.5×+0.6×17.9×-0.1×18×+0.2×
EV / sales+0.1×4.9×-0.3×5.2×+0.2×0.0×-0.1×
Free cash flow yield3.7%-0.1pp3.8%0.0pp3.7%0.0pp3.8%-0.1pp3.9%+0.1pp
Earnings yield4.2%-0.1pp4.3%+0.3pp4%-0.7pp4.7%0.0pp4.6%0.0pp
Dividend yield2.4%-0.1pp2.5%+0.2pp2.3%-0.1pp2.4%+0.1pp2.4%+0.1pp

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Questions, answered.

What are Illinois Tool Works's profit margins?
Illinois Tool Works (ITW) runs a 44.1% gross margin and a 26.4% operating margin, with a 19.3% net margin.
Where do Illinois Tool Works's ratios come from?
Every ratio is computed from Illinois Tool Works's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.