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Illinois Tool Works ITW Business Segments

FY'25FY'24FY'23FY'22
Operating Revenue by Business
Automotive OEM$3.29B+3.1%$3.19B$2.97B+6.0%
Construction Products$1.82B-4.7%$1.91B$2.11B+8.6%
Food Equipment$2.7B+2.0%$2.65B$2.44B+17.6%
Polymers and Fluids$1.77B+0.1%$1.76B$1.91B+5.6%
Polymers & Fluids$1.77B+0.1%$1.76B$1.91B+5.6%
Specialty Products$1.78B+1.8%$1.74B$1.8B-3.0%
Test & Measurement and Electronics$2.83B+0.2%$2.82B$2.83B+20.5%
Welding$1.89B+2.1%$1.85B$1.89B+14.8%
Operating Revenue by Geography
Asia Pacific$3.08B+4.0%$2.96B+0.9%$2.94B-1.9%$2.99B+6.7%
Canada And Mexico$1.09B-6.1%$1.16B+0.9%$1.15B+4.7%$1.1B+16.5%
EMEA$4.16B+1.5%$4.1B-1.1%$4.15B+6.0%$3.91B+1.1%
North America$8.48B-0.6%$8.53B-2.2%$8.72B+0.2%$8.7B+15.8%
South America$323M+5.6%$306M+1.0%$303M-6.5%$324M+22.3%

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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.