Illinois Tool Works (NYSE: ITW) net income
Illinois Tool Works reported a net profit of $3,066m for fiscal 2025, 12.1% less than in fiscal 2024 ($3,488m). Its net margin was 19.1%. Earnings per share were $10.52.
Net income by fiscal year
| Fiscal year | Net income | Change | Net margin | Earnings per share |
|---|---|---|---|---|
| 2025 | $3,066m | −12.1% | 19.1% | $10.52 |
| 2024 | $3,488m | +18.0% | 21.9% | $11.75 |
| 2023 | $2,957m | −2.5% | 18.4% | $9.77 |
| 2022 | $3,034m | +12.6% | 19.0% | $9.80 |
| 2021 | $2,694m | +27.7% | 18.6% | $8.55 |
| 2020 | $2,109m | −16.3% | 16.8% | $6.66 |
| 2019 | $2,521m | −1.6% | 17.9% | $7.78 |
| 2018 | $2,563m | +51.9% | 17.4% | $7.65 |
| 2017 | $1,687m | −17.1% | 11.8% | $4.90 |
| 2016 | $2,035m | — | 15.0% | $5.73 |
The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the net income of Illinois Tool Works
- How much did Illinois Tool Works earn in fiscal 2025?
- Illinois Tool Works reported a net profit of $3,066m for fiscal 2025. In fiscal 2024 it reported a net profit of $3,488m.
- What are the earnings per share of Illinois Tool Works?
- They were $10.52 in fiscal 2025, compared with $11.75 in fiscal 2024.
- What is the net margin of Illinois Tool Works?
- In fiscal 2025 its net profit was 19.1% of its revenue.
- What was the most profitable year for Illinois Tool Works?
- Of its last 10 fiscal years, fiscal 2024, with $3,488m.
- Where do the figures for Illinois Tool Works come from?
- From the annual report (Form 10-K) that Illinois Tool Works files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 10-K) that Illinois Tool Works files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Illinois Tool Works: the Illinois Tool Works page · annual accounts · revenue · dividends paid · insider transactions.
Dividend per share of Illinois Tool Works by fiscal year, with the filing behind every figure: Illinois Tool Works dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.