NYSE:ITW | Income Statement | ILLINOIS TOOL WORKS INC

Complete source-backed income-statement history.

Available history
2007-12-31 to 2026-06-30
Data captured

Historical Income Statement

DateRevenueCost of revenueGross profitR&D expenseSG&A expenseOperating expensesOperating incomeNonoperating income/expensePre-tax incomeIncome taxNet incomeBasic EPSDiluted EPSBasic sharesDiluted shares
2026-06-30$4.3B$2.4B$1.15B$12M$265M$815M$2.85$2.84286,400,000287,000,000
2026-03-31$4.02B$2.26B$1.02B$20M$199M$768M$2.66$2.66288,300,000289,100,000
2025-12-31$4.09B$2.28B$1.09B$14M$234M$790M$2.73$2.72-700,000-700,000
2025-09-30$4.06B$2.25B$1.11B$12M$228M$821M$2.82$2.81290,800,000291,700,000
2025-06-30$4.05B$2.27B$1.07B$4M$243M$755M$2.58$2.58292,300,000292,900,000
2025-03-31$3.84B$2.16B$951M$12M$195M$700M$2.39$2.38293,600,000294,500,000
2024-12-31$3.93B$2.22B$1.03B$20M$233M$750M$2.55$2.54-800,000-700,000
2024-09-30$3.97B$2.23B$1.05B$379M$202M$1.16B$3.92$3.91296,100,000297,000,000
2024-06-30$4.03B$2.26B$1.05B$26M$246M$759M$2.55$2.54297,600,000298,500,000
2024-03-31$3.97B$2.15B$1.13B$16M$253M$819M$2.74$2.73298,900,000300,000,000
2023-12-31$3.98B$2.31B$988M$210M$717M$2.39$2.38-800,000-900,000
2023-09-30$4.03B$2.32B$1.07B$241M$772M$2.55$2.55301,900,000303,000,000
2023-06-30$4.07B$2.34B$1.01B$207M$754M$2.49$2.48303,300,000304,200,000
2023-03-31$4.02B$2.34B$972M$208M$714M$2.34$2.33305,000,000306,100,000
2022-12-31$3.97B$2.31B$986M$1.12B$214M$907M$2.95$2.94-1,000,000-900,000
2022-09-30$4.01B$2.37B$983M$957M$230M$727M$2.36$2.35308,800,000309,700,000
2022-06-30$4.01B$2.39B$926M$903M$165M$738M$2.37$2.37310,600,000311,500,000
2022-03-31$3.94B$2.36B$895M$861M$199M$662M$2.12$2.11312,500,000313,700,000
2021-12-31$3.68B$2.19B$834M$792M$183M$609M$1.94$1.93-500,000-500,000
2021-09-30$3.56B$2.1B$845M$806M$167M$639M$2.03$2.02314,600,000315,900,000
2021-06-30$3.68B$2.16B$893M$863M$88M$775M$2.46$2.45315,600,000316,900,000
2021-03-31$3.54B$2.04B$905M$865M$194M$671M$2.12$2.11316,600,000317,900,000
2020-12-31$3.48B$2B$883M$824M$182M$642M$2.03$2.0200
2020-09-30$3.31B$1.91B$789M$739M$157M$582M$1.84$1.83316,500,000317,900,000
2020-06-30$2.56B$1.59B$449M$406M$87M$319M$1.01$1.01316,100,000317,400,000
2020-03-31$3.23B$1.87B$761M$735M$169M$566M$1.78$1.77318,300,000319,700,000
2019-12-31$3.47B$2.02B$824M$831M$190M$641M$1.99$1.98-900,000-1,000,000
2019-09-30$3.48B$2.01B$868M$842M$182M$660M$2.05$2.04322,300,000324,000,000
2019-06-30$3.61B$2.1B$871M$825M$202M$623M$1.92$1.91324,800,000326,600,000
2019-03-31$3.55B$2.06B$839M$790M$193M$597M$1.82$1.81327,300,000329,600,000
2018-12-31$3.58B$2.1B$860M$816M$209M$607M$1.84$1.83-1,700,000-1,900,000
2018-09-30$3.61B$2.1B$889M$835M$197M$638M$1.91$1.90333,300,000335,300,000
2018-06-30$3.83B$2.23B$932M$894M$228M$666M$1.98$1.97336,700,000338,900,000
2018-03-31$3.74B$2.18B$903M$849M$197M$652M$1.92$1.90340,200,000342,800,000
2017-12-31$3.63B$2.12B$846M$796M$872M-$76M-$0.22-$0.21-600,000-700,000
2017-09-30$3.62B$2.09B$960M$906M$266M$640M$1.86$1.85343,400,000346,000,000
2017-06-30$3.6B$2.09B$872M$819M$232M$587M$1.70$1.69344,700,000347,500,000
2017-03-31$3.47B$2B$807M$749M$213M$536M$1.55$1.54346,200,000349,000,000
2016-12-31$3.4B$2.02B$734M$726M$219M$507M$1.45$1.45-2,300,000-2,200,000
2016-09-30$3.5B$2.03B$808M$763M$228M$535M$1.51$1.50353,500,000355,500,000
2016-06-30$3.43B$1.97B$792M$751M$226M$525M$1.47$1.46356,600,000358,500,000
2016-03-31$3.27B$1.9B$722M$668M$200M$468M$1.29$1.29362,000,000363,900,000
2015-12-31$3.28B$1.94B$679M$634M$184M$450M$1.24$1.23-1,400,000-1,500,000
2015-09-30$3.35B$1.95B$761M$725M$214M$511M$1.40$1.39365,100,000367,100,000
2015-06-30$3.43B$2.02B$730M$696M$216M$480M$1.31$1.30366,200,000368,400,000
2015-03-31$3.34B$1.97B$697M$664M$206M$458M$1.22$1.21376,600,000379,200,000
2014-12-31$3.5B$2.11B$686M$657M$196M$450M$1.19$1.19-5,100,000-5,100,000
2014-09-30$3.69B$2.18B$772M$724M$217M$531M$1.35$1.34394,000,000396,800,000
2014-06-30$3.72B$2.22B$763M$706M$212M$1.49B$3.69$3.66404,700,000407,600,000
2014-03-31$3.57B$2.16B$667M$612M$184M$473M$1.12$1.11421,900,000425,000,000
2013-12-31$3.55B$2.17B$628M$573M$166M$408M$0.93$0.93-2,800,000-2,800,000
2013-09-30$3.57B$2.15B$678M$628M$222M$452M$1.01$1.01445,900,000448,900,000
2013-06-30$3.59B$2.16B$630M$581M$165M$465M$1.04$1.03449,600,000452,500,000
2013-03-31$3.42B$2.08B$578M$565M$164M$354M$0.78$0.78451,700,000454,800,000
2012-12-31$3.48B$2.18B$524M$1.38B$455M$979M$2.11$2.09-3,400,000-3,400,000
2012-09-30$3.73B$2.29B$667M$616M$171M$524M$1.13$1.12464,800,000468,100,000
2012-06-30$4.46B$2.81B$758M$732M$213M$881M$1.86$1.85472,900,000476,100,000
2012-03-31$4.36B$2.76B$694M$652M$188M$486M$1.01$1.00482,000,000485,600,000
2011-12-31$1.05B$369M$277M$231M$36M$442M$0.91$0.92-2,800,000-3,300,000
2011-09-30$4.58B$2.96B$714M$690M$200M$507M$1.04$1.04486,300,000488,800,000
2011-06-30$4.62B$3B$711M$681M$197M$499M$1.00$0.99497,800,000501,900,000
2011-03-31$4.27B$2.76B$659M$621M$15M$623M$1.25$1.24498,600,000502,700,000
2010-12-31$3.91B$2.61B$482.57M-$17.64M$441.57M$113.72M$335.71M$0.68$0.68-1,341,000-1,340,000
2010-09-30$3.94B$2.55B$619.73M$15.92M$577.2M$174.14M$422.03M$0.84$0.84500,751,000503,149,000
2010-06-30$3.93B$2.51B$626.04M$5.74M$584.97M$185.18M$411.46M$0.82$0.81503,265,000506,297,000
2010-03-31$3.74B$2.39B$541.54M$5.98M$501.81M$168M$333.81M$0.66$0.66502,424,000505,014,000
2009-12-31$3.45B$2.24B$473.24M$8.59M$438.23M-$56.52M$533.09M$1.06$1.06542,000737,000
2009-09-30$3.58B$2.32B$483.6M$11.14M$449.06M$146.1M$302.42M$0.60$0.60500,313,000502,187,000
2009-06-30$3.39B$2.25B$334.84M-$19.84M$271.11M$92.17M$176.57M$0.35$0.35499,389,000500,875,000
2009-03-31$3.15B$2.15B$91.29M-$4.34M$55.52M$63.53M-$39.37M-$0.08-$0.08499,189,000499,189,000
2008-12-31$3.95B$2.62B$454.5M-$15.21M$397.12M$94.66M$233.77M$0.47$0.46-3,277,000-4,113,000
2008-09-30$4.46B$2.94B$671M$16.76M$649.52M$184.94M$453.52M$0.88$0.87517,914,000521,086,000
2008-06-30$4.56B$2.94B$757.16M$24.29M$744.87M$216.16M$528.09M$1.01$1.01521,488,000525,209,000

Annual Income Statement

DateRevenueCost of revenueGross profitR&D expenseSG&A expenseOperating expensesOperating incomeNonoperating income/expensePre-tax incomeIncome taxNet incomeBasic EPSDiluted EPSBasic sharesDiluted shares
2025-12-31$16.04B$8.97B$302M$4.22B$42M$900M$3.07B$10.52$10.49291,500,000292,300,000
2024-12-31$15.9B$8.86B$292M$4.26B$441M$934M$3.49B$11.75$11.71296,800,000297,800,000
2023-12-31$16.11B$9.32B$284M$4.04B$49M$3.82B$866M$2.96B$9.77$9.74302,600,000303,600,000
2022-12-31$15.93B$9.43B$269M$3.79B$255M$3.84B$808M$3.03B$9.80$9.77309,600,000310,700,000
2021-12-31$14.46B$8.49B$239M$3.48B$51M$3.33B$632M$2.69B$8.55$8.51315,100,000316,400,000
2020-12-31$12.57B$7.38B$214M$2.88B$28M$2.7B$595M$2.11B$6.66$6.63316,900,000318,300,000
2019-12-31$14.11B$8.19B$221M$3.4B$107M$3.29B$767M$2.52B$7.78$7.74323,900,000325,600,000
2018-12-31$14.77B$8.6B$233M$3.58B$67M$3.39B$831M$2.56B$7.65$7.60335,000,000337,100,000
2017-12-31$14.31B$8.31B$225M$3.49B$45M$3.27B$1.58B$1.69B$4.90$4.86344,100,000346,800,000
2016-12-31$13.6B$7.91B$223M$3.06B$89M$2.91B$873M$2.04B$5.73$5.70355,000,000357,100,000
2015-12-31$13.41B$7.89B$218M$2.87B$78M$2.72B$820M$1.9B$5.16$5.13367,900,000370,100,000
2014-12-31$14.48B$8.67B$227M$2.89B$61M$2.7B$809M$2.95B$7.33$7.28401,700,000404,600,000
2013-12-31$14.14B$8.55B$240M$2.51B$72M$2.35B$717M$1.68B$3.76$3.74446,200,000449,300,000
2012-12-31$14.79B$9.13B$240M$2.48B$11M$3.21B$973M$2.87B$6.11$6.06469,800,000473,200,000
2011-12-31$14.52B$9.09B$221M$2.36B$53M$2.22B$448M$2.07B$4.21$4.19491,400,000494,600,000
2010-12-31$15.42B$10B$213M$2.25B$10M$2.09B$637M$1.5B$3.00$2.99500,800,000503,350,000
2009-12-31$13.57B$8.95B$191.86M$1.38B-$4.45M$1.21B$245.28M$972.7M$1.94$1.94500,177,000501,921,000
2008-12-31$17.1B$11.19B$212.66M$2.5B$4.71M$2.35B$660.45M$1.52B$2.93$2.91518,609,000521,213,000
2007-12-31$16.11B$10.43B$2.63B$58.27M$2.58B$756.25M$1.87B$3.39$3.36