Industrials · Industrial Machinery & Supplies & Components
Illinois Tool Works: revenue, profit and dividends
In fiscal 2025, Illinois Tool Works had revenue of $16B, up 1.8% a year on average since 2015, and net income of $3.07B (19.1% of revenue). Its dividend per share has gone up 17 years in a row, to $6.22. It has 21% fewer shares than in 2015.
Revenue, fiscal 2025
average annual revenue growth since 2015 · +0.9% vs 2024
- Ticker
- ITW · NYSE
- Sector
- Industrials
- Sub-industry
- Industrial Machinery & Supplies & Components
- Headquarters
- Glenview, Illinois
- Founded
- 1912
- In the S&P 500 since
- February 28, 1986
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Illinois Tool Works Inc · CIK 0000049826
Revenue and net income
Revenue went from $16.1B in 2007 to $16B in 2025.
Diluted earnings per share
Diluted EPS went from $3.36 in 2007 to $10.49 in 2025. Ten-year growth: 7.4% a year.
Dividends per share
Raised every year in the data: 17 years in a row, from 2009 to 2025. Ten-year growth: 11.6% a year.
Shares outstanding
21.0% fewer shares in 2025 than in 2015 (370M → 292M): buybacks outweighed new shares.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $2.71B in 2025, 16.9% of revenue.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $16B | $3.07B | 19.1% | $10.49 | $6.22 | 292M | $3.13B | $419M | $2.71B |
| 2024 | $15.9B | $3.49B | 21.9% | $11.71 | $5.80 | 298M | $3.28B | $437M | $2.84B |
| 2023 | $16.1B | $2.96B | 18.4% | $9.74 | $5.42 | 304M | $3.54B | $455M | $3.08B |
| 2022 | $15.9B | $3.03B | 19.0% | $9.77 | $5.06 | 311M | $2.35B | $412M | $1.94B |
| 2021 | $14.5B | $2.69B | 18.6% | $8.51 | $4.72 | 316M | $2.56B | $296M | $2.26B |
| 2020 | $12.6B | $2.11B | 16.8% | $6.63 | $4.42 | 318M | $2.81B | $236M | $2.57B |
| 2019 | $14.1B | $2.52B | 17.9% | $7.74 | $4.14 | 326M | $3.0B | $326M | $2.67B |
| 2018 | $14.8B | $2.56B | 17.4% | $7.60 | $3.56 | 337M | $2.81B | $364M | $2.45B |
| 2017 | $14.3B | $1.69B | 11.8% | $4.86 | $2.86 | 347M | $2.4B | $297M | $2.1B |
| 2016 | $13.6B | $2.04B | 15.0% | $5.70 | $2.40 | 357M | $2.3B | $273M | $2.03B |
| 2015 | $13.4B | $1.9B | 14.2% | $5.13 | $2.07 | 370M | $2.3B | $284M | $2.02B |
| 2014 | $14.5B | $2.95B | 20.3% | $7.28 | $1.81 | 405M | $1.62B | $361M | $1.25B |
| 2013 | $14.1B | $1.68B | 11.9% | $3.74 | $1.60 | 449M | $2.53B | $368M | $2.16B |
| 2012 | $14.8B | $2.87B | 19.4% | $6.06 | $1.48 | 473M | $2.07B | $382M | $1.69B |
| 2011 | $14.5B | $2.07B | 14.3% | $4.19 | $1.40 | 495M | $1.96B | $353M | $1.6B |
| 2010 | $15.4B | $1.5B | 9.7% | $2.99 | $1.30 | 503M | $1.49B | $288M | $1.2B |
| 2009 | $13.6B | $973M | 7.2% | $1.94 | $1.24 | 502M | $2.17B | $256M | $1.91B |
| 2008 | $17.1B | $1.52B | 8.9% | $2.91 | $1.18 | 521M | $2.22B | $362M | $1.86B |
| 2007 | $16.1B | $1.87B | 11.6% | $3.36 | — | — | $2.48B | $353M | $2.13B |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Industrial Machinery & Supplies & Components companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.