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Illinois Tool Works stock: growth
ITWIllinois Tool Works reported $16.04B in revenue for fiscal 2025, up 0.9% on the prior year, up 5% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
0.7%
per year from 2006 to 2025, per share 4.3%
Earnings (Annual rate)
3.1%
per year from 2006 to 2025, per share 6.8%
Free cash flow (Annual rate)
2.3%
per year from 2006 to 2025, per share 5.9%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 5.0% | 1.8% | 0.7% |
| Revenue per share | 6.7% | 4.2% | 4.3% |
| Earnings | 7.8% | 4.9% | 3.1% |
| Earnings per share | 9.6% | 7.4% | 6.8% |
| Free cash flow | 1.0% | 3.0% | 2.3% |
| Free cash flow per share | 2.7% | 5.4% | 5.9% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $14.06B | $1.72B | $1.77B |
| 2007 | $16.17B | $1.87B | $2.13B |
| 2008 | $15.87B | $1.52B | $1.87B |
| 2009 | $13.88B | $947.01M | $1.9B |
| 2010 | $15.87B | $1.53B | $1.27B |
| 2011 | $17.79B | $2.07B | $1.6B |
| 2012 | $17.92B | $2.87B | $1.69B |
| 2013 | $14.14B | $1.68B | $2.16B |
| 2014 | $14.48B | $2.95B | $1.26B |
| 2015 | $13.41B | $1.9B | $2.02B |
| 2016 | $13.6B | $2.04B | $2.03B |
| 2017 | $14.31B | $1.69B | $2.11B |
| 2018 | $14.77B | $2.56B | $2.45B |
| 2019 | $14.11B | $2.52B | $2.67B |
| 2020 | $12.57B | $2.11B | $2.57B |
| 2021 | $14.46B | $2.69B | $2.26B |
| 2022 | $15.93B | $3.03B | $1.94B |
| 2023 | $16.11B | $2.96B | $3.08B |
| 2024 | $15.9B | $3.49B | $2.84B |
| 2025 | $16.04B | $3.07B | $2.71B |
Revenue by segment
How Illinois Tool Works Inc. makes its money and how that has shifted. Names are as the company reports them.
- Automotive OEM20%
- Test and Measurement and Electronics18%
- Food Equipment17%
- Welding12%
- Construction Products11%
- Specialty Products11%
- Other11%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Automotive OEM | $2.86B | $3.27B | $3.34B | $3.06B | $2.57B | $2.8B | $2.97B | $3.24B | $3.19B | $3.29B | 20.5% |
| Test and Measurement and Electronics | $1.97B | $2.07B | $2.17B | $2.12B | $1.96B | $2.35B | $2.83B | $2.83B | $2.82B | $2.83B | 17.6% |
| Food Equipment | $2.11B | $2.12B | $2.21B | $2.19B | $1.74B | $2.08B | $2.44B | $2.62B | $2.65B | $2.7B | 16.8% |
| Welding | $1.49B | $1.54B | $1.69B | $1.64B | $1.38B | $1.65B | $1.89B | $1.9B | $1.85B | $1.89B | 11.8% |
| Construction Products | $1.61B | $1.67B | $1.7B | $1.63B | $1.65B | $1.95B | $2.11B | $2.03B | $1.91B | $1.82B | 11.3% |
| Specialty Products | $1.89B | $1.94B | $1.95B | $1.83B | $1.66B | $1.85B | $1.8B | $1.7B | $1.74B | $1.78B | 11.1% |
| Other | $1.67B | $1.7B | $1.7B | $1.65B | $1.61B | $1.78B | $1.89B | $1.79B | $1.74B | $1.75B | 10.9% |
| Total revenue | $13.6B | $14.31B | $14.77B | $14.11B | $12.57B | $14.46B | $15.93B | $16.11B | $15.9B | $16.04B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 25 Sep 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.