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Illinois Tool Works ITW Return on assets

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$75.41B+3.1%
Enterprise value$81.19B+2.0%
P/E24.1×+2.3×
P/S4.7×0.0×

Profitability

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Gross margin44.1%+0.4pp
Operating margin26.4%+0.5pp
Net margin19.3%-2.1pp

Returns & leverage

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Current ratio1.2×-0.4×

Where this comes from

Calculated from Illinois Tool Works’s reported figures.

Based on trailing twelve months.

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 return on assets?
Illinois Tool Works (ITW) reported return on assets of 19.8% in Q1 2026.
How has Illinois Tool Works's return on assets changed year-over-year?
Illinois Tool Works's return on assets decreased by 10.5% year-over-year, from 22.1% to 19.8%.
What is the long-term trend for Illinois Tool Works's return on assets?
Over 4 years (2021 to 2025), Illinois Tool Works's return on assets has grown at a 4.9% compound annual growth rate (CAGR), from 67.7% to 81.9%.
What does return on assets mean?
How much profit the company squeezes out of everything it owns.
How do you interpret return on assets?
Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
How does return on assets compare across companies?
Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.