ILLINOIS TOOL WORKS INC
ITW · XNYSCIK 49826fmd_0KBSWC0086KXM8XP4FGE1Y4WV9Manufacturing · General Industrial Machinery & EquipmentTemplate: Standard
Coverage: Jan 01, 2007 to Sep 30, 2026, 81 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 13,599 | 14,314 | 14,768 | 14,109 | 12,574 | 14,455 | 15,932 | 16,107 | 15,898 | 16,044 |
| Cost of revenue | 7,908 | 8,306 | 8,604 | 8,187 | 7,375 | 8,489 | 8,136 | 7,944 | 7,604 | 7,556 |
| Gross profit | 5,691 | 6,008 | 6,164 | 5,922 | 5,199 | 5,966 | 7,796 | 8,163 | 8,294 | 8,488 |
| Realized investment gains (losses) | (13) | 16 | 9 | 15 | 8 | 29 | 9 | 2 | 0 | 0 |
| Research and development | 223 | 225 | 233 | 221 | 214 | 239 | 269 | 284 | 292 | 302 |
| Operating income | 3,056 | 3,485 | 3,584 | 3,402 | 2,882 | 3,477 | 3,790 | 4,040 | 4,264 | 4,216 |
| Interest expense | 237 | 260 | 257 | 221 | 206 | 202 | 203 | 266 | 283 | 292 |
| Interest and investment income | 38 | 45 | 35 | 29 | 17 | 12 | 22 | 51 | 44 | 40 |
| Other non-operating income (expense) | 89 | 45 | 67 | 107 | 28 | 51 | 255 | 49 | 441 | 42 |
| Income before taxes | 2,908 | 3,270 | 3,394 | 3,288 | 2,704 | 3,326 | 3,842 | 3,823 | 4,422 | 3,966 |
| Income tax expense | 873 | 1,583 | 831 | 767 | 595 | 632 | 808 | 866 | 934 | 900 |
| Net income from continuing operations | 2,035 | 1,687 | 2,563 | 2,521 | 2,109 | 2,694 | 3,034 | 2,957 | 3,488 | 3,066 |
| Net income | 2,035 | 1,687 | 2,563 | 2,521 | 2,109 | 2,694 | 3,034 | 2,957 | 3,488 | 3,066 |