Illinois Tool Works ITW Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Operating Revenue by Business | ||||||
| Automotive OEM | $3.32B+1.0% | $3.29B+1.3% | $3.25B+1.8% | $3.19B+0.9% | $3.16B-0.9% | |
| Construction Products | $1.84B+0.8% | $1.82B-0.4% | $1.83B-0.3% | $1.83B-1.7% | $1.86B-2.4% | |
| Food Equipment | $2.71B+0.4% | $2.7B+1.0% | $2.67B+0.6% | $2.66B+0.5% | $2.64B-0.2% | |
| Polymers and Fluids | $1.79B+1.3% | $1.77B+1.6% | $1.74B-0.4% | $1.75B-0.9% | $1.76B-0.2% | |
| Polymers & Fluids | $1.79B+1.3% | $1.77B+1.6% | $1.74B-0.4% | $1.75B-0.9% | $1.76B-0.2% | |
| Specialty Products | $1.77B-0.2% | $1.78B+1.0% | $1.76B+0.8% | $1.74B+0.3% | $1.74B-0.3% | |
| Test & Measurement and Electronics | $2.89B+2.2% | $2.83B+1.5% | $2.78B0.0% | $2.78B+0.3% | $2.77B-1.6% | |
| Welding | $1.93B+1.9% | $1.89B+0.8% | $1.88B+0.8% | $1.86B+0.7% | $1.85B-0.2% | |
| Operating Income by Business | ||||||
| Automotive OEM | $715M+3.2% | $693M+3.6% | $669M+5.0% | $637M+3.7% | $614M-1.8% | |
| Construction Products | $555M+0.9% | $550M+0.5% | $547M+0.7% | $543M-0.5% | $546M-2.3% | |
| Food Equipment | $744M-1.2% | $753M+1.9% | $739M+1.2% | $730M+1.2% | $721M+0.3% | |
| Polymers and Fluids | $505M+2.4% | $493M+2.5% | $481M+0.2% | $480M-1.4% | $487M+0.6% | |
| Specialty Products | $553M0.0% | $553M+1.1% | $547M+1.9% | $537M+0.8% | $533M+0.9% | |
| Test & Measurement and Electronics | $719M+3.6% | $694M+2.8% | $675M-0.3% | $677M-0.3% | $679M-3.4% | |
| Welding | $631M+1.6% | $621M+2.3% | $607M+1.2% | $600M+1.0% | $594M-0.5% | |
| Variable cost of revenue by Business | ||||||
| Automotive OEM | $1.8B+0.4% | $1.79B+0.4% | $1.78B+1.1% | $1.76B+0.2% | $1.76B-1.2% | |
| Construction Products | $820M+0.7% | $814M-1.2% | $824M-1.3% | $835M-3.0% | $861M-3.3% | |
| Food Equipment | $1.26B+1.1% | $1.24B+0.9% | $1.23B+0.6% | $1.22B+0.3% | $1.22B-0.7% | |
| Polymers and Fluids | $840M+0.6% | $835M+1.0% | $827M-1.3% | $838M-0.8% | $845M-0.2% | |
| Specialty Products | $815M-0.7% | $821M+1.5% | $809M+0.4% | $806M+0.1% | $805M-1.1% | |
| Test & Measurement and Electronics | $1.24B+2.2% | $1.22B+1.2% | $1.2B+0.5% | $1.2B+1.1% | $1.18B-1.9% | |
| Welding | $852M+1.5% | $839M-0.5% | $843M+0.1% | $842M+0.7% | $836M-0.2% | |
| Depreciation and Amortization and Impairment of Goodwill and Intangible Assets by Business | ||||||
| Automotive OEM | $139M+2.2% | $136M+2.3% | $133M+0.8% | $132M+1.5% | $130M+0.8% | |
| Construction Products | $32M0.0% | $32M-3.0% | $33M-2.9% | $34M0.0% | $34M+3.0% | |
| Food Equipment | $41M0.0% | $41M-4.7% | $43M-2.3% | $44M-2.2% | $45M-2.2% | |
| Polymers and Fluids | $40M-2.4% | $41M-2.4% | $42M0.0% | $42M0.0% | $42M0.0% | |
| Specialty Products | $39M+2.6% | $38M+2.7% | $37M+2.8% | $36M0.0% | $36M-2.7% | |
| Test & Measurement and Electronics | $73M0.0% | $73M0.0% | $73M-5.2% | $77M-3.8% | $80M-2.4% | |
| Welding | $37M+2.8% | $36M+2.9% | $35M0.0% | $35M+6.1% | $33M0.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Illinois Tool Works break its business down?
- Illinois Tool Works (ITW) reports operating revenue by business across 8 parts — Automotive OEM, Construction Products, Food Equipment, Polymers and Fluids and Polymers & Fluids. Each is extracted from the segment footnotes and tracked over time.
- Where does Illinois Tool Works's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Illinois Tool Works's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
