ILLINOIS TOOL WORKS INC
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ITW FY 2025 request
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/api/financials?ticker=ITW&year=2025&quarter=4&full_year_mode=true
Pick an endpoint and run the request.Income Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Revenue | 16,044 | 15,898 | +0.9% |
Show Business Segments breakouts |
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| Automotive OEM · Operating Segments | 3,288 | 3,188 | +3.1% |
| Construction Products · Operating Segments | 1,820 | 1,909 | -4.7% |
| Food Equipment · Operating Segments | 2,699 | 2,647 | +2.0% |
| Polymers & Fluids · Operating Segments | 1,765 | 1,764 | +0.1% |
| Polymers and Fluids [Member] · Operating Segments | 1,765 | 1,764 | +0.1% |
| Specialty Products · Operating Segments | 1,775 | 1,743 | +1.8% |
| Test & Measurement and Electronics · Operating Segments | 2,825 | 2,818 | +0.2% |
| Welding · Operating Segments | 1,890 | 1,851 | +2.1% |
Show Geography breakouts |
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| Asia Pacific | 3,079 | 2,961 | +4.0% |
| Canada And Mexico [Member] | 1,085 | 1,156 | -6.1% |
| EMEA | 4,162 | 4,101 | +1.5% |
| North America | 8,480 | 8,530 | -0.6% |
| South America | 323 | 306 | +5.6% |
| US | 7,395 | 7,374 | +0.3% |
Show Consolidation Items breakouts |
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| Intersegment Elimination | 18 | 22 | -18.2% |
| Operating Segments | 16,062 | 15,920 | +0.9% |
| Cost of Revenue | 8,969 | 8,858 | +1.3% |
| Cost of Revenue | 7,556 | 7,604 | -0.6% |
Show Business Segments breakouts |
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| Automotive OEM · Operating Segments | 1,790 | 1,781 | +0.5% |
| Construction Products · Operating Segments | 814 | 890 | -8.5% |
| Food Equipment · Operating Segments | 1,241 | 1,228 | +1.1% |
| Polymers and Fluids [Member] · Operating Segments | 835 | 847 | -1.4% |
| Specialty Products · Operating Segments | 821 | 814 | +0.9% |
| Test & Measurement and Electronics · Operating Segments | 1,216 | 1,206 | +0.8% |
| Welding · Operating Segments | 839 | 838 | +0.1% |
| Research & Development | 302 | 292 | +3.4% |
| Operating Income | 4,216 | 4,264 | -1.1% |
Show Business Segments breakouts |
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| Automotive OEM · Operating Segments | 693 | 625 | +10.9% |
| Construction Products · Operating Segments | 550 | 559 | -1.6% |
| Food Equipment · Operating Segments | 753 | 719 | +4.7% |
| Polymers and Fluids [Member] · Operating Segments | 493 | 484 | +1.9% |
| Specialty Products · Operating Segments | 553 | 528 | +4.7% |
| Test & Measurement and Electronics · Operating Segments | 694 | 703 | -1.3% |
| Welding · Operating Segments | 621 | 597 | +4.0% |
Show Consolidation Items breakouts |
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| Operating Segments | 4,357 | 4,215 | +3.4% |
| Unallocated | -141 | 49 | -387.8% |
| Non-Operating Income (Expense) | 42 | 441 | -90.5% |
| Interest Expense | -292 | -283 | -3.2% |
| Interest Income | 40 | 44 | -9.1% |
| Other Non-Operating Income (Expense) | -5 | -1 | -400.0% |
| Income Tax Expense (Benefit) | 900 | 934 | -3.6% |
| Net Income | 3,066 | 3,488 | -12.1% |
Show Equity Components breakouts |
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| Retained Earnings | 3,066 | 3,488 | -12.1% |
| EPS (Basic) | 10.52 | 11.75 | -10.5% |
| EPS (Diluted) | 10.49 | 11.71 | -10.4% |
| Wtd Avg Shares (Basic) | 291.5 | 296.8 | -1.8% |
| Wtd Avg Shares (Diluted) | 292.3 | 297.8 | -1.8% |
| Foreign Currency Transaction Gain Loss Before Tax | -35 | 7 | -600.0% |
Balance Sheet
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 851 | 948 | -10.2% |
| Receivables Net Current | 3,227 | 2,991 | +7.9% |
| Inventory | 1,659 | 1,605 | +3.4% |
| Prepaid Expenses & Other Current Assets | 463 | 312 | +48.4% |
| Total Current Assets | 6,200 | 5,856 | +5.9% |
| Non-Current Assets | |||
| Property, Plant & Equipment | 2,230 | 2,036 | +9.5% |
| Goodwill | 5,098 | 4,839 | +5.4% |
Show Business Segments breakouts |
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| Automotive OEM | 480 | 445 | +7.9% |
| Construction Products | 507 | 488 | +3.9% |
| Food Equipment | 259 | 242 | +7.0% |
| Polymers & Fluids | 840 | 803 | +4.6% |
| Specialty Products | 875 | 841 | +4.0% |
| Test & Measurement and Electronics | 1,883 | 1,780 | +5.8% |
| Welding | 254 | 240 | +5.8% |
| Deferred Tax Assets | 519 | 369 | +40.7% |
| Other Non-Current Assets | 1,510 | 1,375 | +9.8% |
| Total Assets | 16,148 | 15,067 | +7.2% |
| Operating Lease Right-of-Use Assets | 294 | 266 | +10.5% |
| Intangible Assets | 344 | 345 | -0.3% |
Show Finite Lived Intangible Assets By Major Class breakouts |
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| Customer Lists and Relationships [Member] | 194 | 172 | +12.8% |
| Other Intangible Assets | 15 | 19 | -21.1% |
| Patented Technology | 39 | 39 | 0.0% |
| Trademarks | 96 | 115 | -16.5% |
| Other Assets | |||
| Intangible Assets Net Excluding Goodwill | 591 | 592 | -0.2% |
| Current Liabilities | |||
| Debt Current | 2,286 | 1,555 | +47.0% |
| Accounts Payable | 522 | 519 | +0.6% |
| Accrued Liabilities | 1,636 | 1,576 | +3.8% |
| Dividends Payable Current | 465 | 441 | +5.4% |
| Accrued Income Taxes Current | 217 | 217 | 0.0% |
| Total Current Liabilities | 5,126 | 4,308 | +19.0% |
| Commercial Paper | 1,287 | 778 | +65.4% |
| Current Portion of Long-Term Debt | 999 | 777 | +28.6% |
Show Debt Instrument breakouts |
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| 2.65% notes due November 15, 2026 | 999 | — | — |
| Non-Current Liabilities | |||
| Long-Term Debt | 6,683 | 6,308 | +5.9% |
| Deferred Tax Liabilities | 154 | 119 | +29.4% |
| Other Non-Current Liabilities | 959 | 1,015 | -5.5% |
| Liabilities Noncurrent | 7,796 | 7,442 | +4.8% |
| Long-Term Debt | 7,682 | 7,085 | +8.4% |
Show Debt Instrument breakouts |
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| 0.625% Euro notes due December 5, 2027 · Unsecured Debt | 586 | 515 | +13.8% |
| 1.00% Euro notes due June 5, 2031 · Unsecured Debt | 583 | 513 | +13.6% |
| 2.125% Euro notes due May 22, 2030 · Unsecured Debt | 585 | 515 | +13.6% |
| 2.65% notes due November 15, 2026 · Unsecured Debt | 999 | 998 | +0.1% |
| 3.00% Euro notes due May 19, 2034 · Unsecured Debt | 579 | 509 | +13.8% |
| 3.25% Euro notes due May 17, 2028 · Unsecured Debt | 759 | 668 | +13.6% |
| 3.375% Euro notes due May 17, 2032 · Unsecured Debt | 986 | 867 | +13.7% |
| 3.90% notes due September 1, 2042 · Unsecured Debt | 1,085 | 1,084 | +0.1% |
| 4.875% notes due September 15, 2041 · Unsecured Debt | 639 | 639 | 0.0% |
| Euro Credit Agreement due February 28, 2027 · Line Of Credit | 881 | — | — |
| Euro Credit Agreement due February 28, 2027 · Unsecured Debt | 881 | 777 | +13.4% |
Show Derivative Instruments Gain Loss By Hedging Relationship breakouts |
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| Net Investment Hedging · Senior Notes | 5 | 4.4 | +13.6% |
| Operating Lease Liabilities | 180 | 158 | +13.9% |
| Stockholders' Equity | |||
| Common Stock | 6 | 6 | 0.0% |
| Additional Paid In Capital Common Stock | 1,771 | 1,669 | +6.1% |
| Retained Earnings | 30,150 | 28,893 | +4.4% |
| Treasury Stock Common Value | -26,875 | -25,375 | -5.9% |
| Accumulated Other Comprehensive Income | -1,827 | -1,877 | +2.7% |
| Minority Interest | 1 | 1 | 0.0% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | 3,226 | 3,317 | -2.7% |
Show Equity Components breakouts |
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| Accumulated Other Comprehensive Income | -1,827 | -1,877 | +2.7% |
| Additional Paid In Capital | 1,771 | 1,669 | +6.1% |
| Common Stock | 6 | 6 | 0.0% |
| Noncontrolling Interest | 1 | 1 | 0.0% |
| Retained Earnings | 30,150 | 28,893 | +4.4% |
| Treasury Stock Common | -26,875 | -25,375 | -5.9% |
| Total Liabilities & Equity | 16,148 | 15,067 | +7.2% |
Cash Flow Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Stock-Based Compensation | 69 | 61 | +13.1% |
| Change in Inventory | 34 | 176 | -80.7% |
| Change in Prepaid & Other Assets | -136 | -41 | -231.7% |
| Net Cash from Operations | 3,126 | 3,281 | -4.7% |
| Investing Activities | |||
| Capital Expenditures | -419 | -437 | +4.1% |
| Other Investing Activities | -2 | -10 | +80.0% |
| Net Cash from Investing | -521 | -144 | -261.8% |
| Financing Activities | |||
| Share Repurchases | -1,500 | -1,500 | 0.0% |
| Net Cash from Financing | -2,744 | -3,189 | +14.0% |
| Supplemental | |||
| Income Taxes Paid | 1,052 | 1,180 | -10.8% |
Show Income Tax Authority breakouts |
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| CN | 92 | — | — |
| DE | 74 | — | — |
| Interest Paid | 279 | 248 | +12.5% |
| Other Cash Flow | |||
| Net Change in Cash | -97 | -117 | +17.1% |
Values in millions USD. Source: SEC EDGAR 10-K filing.