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.

Illinois Tool Works ITW Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	44.1%+0.4pp	44.1%-0.2pp	43.9%0.0pp	43.7%+0.2pp	43.7%+0.5pp
Operating margin	26.4%+0.5pp	26.3%-0.5pp	26.2%-0.3pp	26%-0.5pp	25.9%-0.2pp
Net margin	19.3%-2.1pp	19.1%-2.8pp	19.1%-2.6pp	21.3%+2.2pp	21.4%+2.3pp
EBITDA margin	28.4%+0.6pp	28.3%-0.5pp	28.2%-0.2pp	27.9%-0.4pp	27.9%0.0pp
Free cash flow margin	16.9%-1.2pp	16.9%-1.0pp	17.9%+0.6pp	17.3%-0.4pp	18.1%-0.4pp
Returns
Return on assets	19.8%-2.3pp	19.6%-3.2pp	18.9%-3.2pp	21.3%+1.6pp	22.1%+2.3pp
Efficiency
Asset turnover	1×0.0×	1×0.0×	1×0.0×	1×0.0×	1×0.0×
Inventory turnover	5.3×+0.3×	5.5×+0.1×	5×+0.1×	5×+0.2×	5.1×+0.3×
Liquidity
Current ratio	1.2×-0.4×	1.2×-0.1×	1.5×+0.2×	1.6×+0.3×	1.6×+0.3×
Quick ratio	0.9×-0.3×	0.9×-0.1×	1.1×+0.1×	1.2×+0.2×	1.2×+0.2×
Cash ratio	0.2×-0.1×	0.2×-0.1×	0.2×0.0×	0.2×0.0×	0.2×0.0×
Leverage
Debt-to-assets	0.4×-0.1×	0.5×0.0×	0.5×+0.1×	0.5×+0.1×	0.5×+0.1×
Net debt / EBITDA	1.3×-0.2×	1.6×+0.2×	1.5×+0.3×	1.6×+0.3×	1.5×+0.3×
Interest coverage	14.4×-0.2×	14.4×-0.6×	14.6×-0.2×	14.7×-0.3×	14.6×-0.5×
Valuation
Market capitalization	$74.98B+3.1%	$71.45B-4.6%	$76.01B-2.5%	$72.11B+1.8%	$72.76B-9.3%
Enterprise value	$80.76B+2.0%	$78.52B-3.3%	$82.76B-1.0%	$79.02B+3.4%	$79.17B-7.4%
Price / earnings	23.9×+2.3×	23.3×+1.8×	25.1×+2.5×	21.4×-1.7×	21.6×-4.6×
Price / sales	4.6×0.0×	4.5×-0.3×	4.8×-0.1×	4.6×+0.1×	4.6×-0.4×
EV / EBITDA	17.5×-0.5×	17.3×-0.5×	18.5×0.0×	17.9×+1.1×	18×-1.1×
EV / sales	5×0.0×	4.9×-0.2×	5.2×0.0×	5×+0.2×	5×-0.3×
Free cash flow yield	3.7%-0.3pp	3.8%0.0pp	3.7%+0.2pp	3.8%-0.2pp	3.9%+0.2pp
Earnings yield	4.2%-0.5pp	4.3%-0.4pp	4%-0.4pp	4.7%+0.3pp	4.6%+0.8pp
Dividend yield	2.4%+0.1pp	2.5%+0.2pp	2.3%+0.2pp	2.4%+0.1pp	2.4%+0.3pp

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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.