7Baggers

Illinois Tool Works Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Operating Profit  
 Net Income  
20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240630 20240930 20241231 20250331 20250630 00.170.330.50.660.830.991.16Billion

Illinois Tool Works Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2018-03-30 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-09-30 2008-06-30 2008-03-31 2007-09-30 2007-06-30 2007-03-31 2006-09-30 
                                                                           
  operating revenue4,053,000,000 3,839,000,000 3,932,000,000 3,966,000,000 4,027,000,000 3,973,000,000 3,983,000,000 4,031,000,000 4,074,000,000 4,019,000,000 3,971,000,000 4,011,000,000 4,011,000,000 3,939,000,000 3,679,000,000 3,556,000,000 3,676,000,000 3,544,000,000 3,475,000,000 3,307,000,000 2,564,000,000 3,228,000,000 3,469,000,000 3,479,000,000 3,609,000,000 3,552,000,000 3,580,000,000 3,613,000,000 3,831,000,000 3,744,000,000 3,744,000,000 3,629,000,000 3,615,000,000 3,599,000,000 3,471,000,000 3,399,000,000 3,495,000,000 3,431,000,000 3,274,000,000 3,275,000,000 3,354,000,000 3,434,000,000                                
  cost of revenue2,271,000,000 2,161,000,000 2,221,000,000 2,230,000,000 2,262,000,000 2,145,000,000 2,312,000,000 2,319,000,000 2,344,000,000 2,341,000,000 2,309,000,000 2,371,000,000 2,392,000,000 2,357,000,000 2,191,000,000 2,096,000,000 2,163,000,000 2,039,000,000 2,000,000,000 1,910,000,000 1,594,000,000 1,871,000,000 2,022,000,000 2,007,000,000 2,099,000,000 2,059,000,000 2,096,000,000 2,096,000,000 2,231,000,000 2,181,000,000 2,181,000,000 2,124,000,000 2,094,000,000 2,087,000,000 2,004,000,000 2,006,000,000 2,027,000,000 1,967,000,000 1,896,000,000 1,941,000,000 1,953,000,000 2,024,000,000                                
  gross profit                                                                         
  yoy                                                                         
  qoq                                                                         
  gross margin %                                                                         
  selling, administrative, and research and development expenses693,000,000 706,000,000 655,000,000 658,000,000 686,000,000 676,000,000 658,000,000 615,000,000 690,000,000 675,000,000 644,000,000 624,000,000 659,000,000 652,000,000 621,000,000 581,000,000 588,000,000 566,000,000 557,000,000 560,000,000 486,000,000 560,000,000 586,000,000 566,000,000 598,000,000 611,000,000 578,000,000 581,000,000 620,000,000 612,000,000 612,000,000 605,000,000 589,000,000 586,000,000 605,000,000 597,000,000 604,000,000 617,000,000 597,000,000 598,000,000 581,000,000 622,000,000 616,000,000 644,000,000 675,000,000 677,000,000 682,000,000 689,000,000 676,000,000 833,000,000 779,000,000       821,912,000 -2,259,177,640 739,984,000  748,604,000    732,739,000   780,460,000   701,185,000  
  amortization and impairment of intangible assets21,000,000 21,000,000 25,000,000 26,000,000 25,000,000 25,000,000 25,000,000 27,000,000 30,000,000 31,000,000 32,000,000 33,000,000 34,000,000 35,000,000 33,000,000 34,000,000 32,000,000 34,000,000 35,000,000 48,000,000 35,000,000 36,000,000 37,000,000 38,000,000 41,000,000 43,000,000 46,000,000 47,000,000 48,000,000 48,000,000 48,000,000 50,000,000 51,000,000 52,000,000 53,000,000 54,000,000 56,000,000 55,000,000 59,000,000                                   
  operating income1,068,000,000 951,000,000 1,031,000,000 1,052,000,000 1,054,000,000 1,127,000,000 988,000,000 1,070,000,000 1,010,000,000 972,000,000 986,000,000 983,000,000 926,000,000 895,000,000 834,000,000 845,000,000 893,000,000 905,000,000 883,000,000 789,000,000 449,000,000 761,000,000 824,000,000 868,000,000 871,000,000 839,000,000 860,000,000 889,000,000 932,000,000 903,000,000 903,000,000 850,000,000 961,000,000 874,000,000 809,000,000 742,000,000 808,000,000 792,000,000 722,000,000 679,000,000 761,000,000 730,000,000 697,000,000 686,000,000 772,000,000 763,000,000 667,000,000 628,000,000 678,000,000 702,000,000 660,000,000 609,000,000 763,000,000 770,000,000 705,000,000 714,284,000 711,050,000 682,608,000 -1,774,833,322 640,522,000 652,738,000 483,930,000 -908,338,021 483,595,000 334,835,000 57,562,000 638,963,000 756,712,000 519,961,000 696,295,000 698,677,000 568,648,000 626,866,000 
  yoy1.33% -15.62% 4.35% -1.68% 4.36% 15.95% 0.20% 8.85% 9.07% 8.60% 18.23% 16.33% 3.70% -1.10% -5.55% 7.10% 98.89% 18.92% 7.16% -9.10% -48.45% -9.30% -4.19% -2.36% -6.55% -7.09% -4.76% 4.59% -3.02% 3.32% 11.62% 14.56% 18.94% 10.35% 12.05% 9.28% 6.18% 8.49% 3.59% -1.02% -1.42% -4.33% 4.50% 9.24% 13.86% 8.69% 1.06% 3.12% -11.14% -8.83% -6.38% -14.74% 7.31% 12.80% -139.72% 11.52% 8.93% 41.06% 95.39% 32.45% 94.94% 740.71% -242.16% -36.09% -35.60% -91.73% -8.55% 33.07% -17.05%     
  qoq12.30% -7.76% -2.00% -0.19% -6.48% 14.07% -7.66% 5.94% 3.91% -1.42% 0.31% 6.16% 3.46% 7.31% -1.30% -5.38% -1.33% 2.49% 11.91% 75.72% -41.00% -7.65% -5.07% -0.34% 3.81% -2.44% -3.26% -4.61% 3.21% 0.00% 6.24% -11.55% 9.95% 8.03% 9.03% -8.17% 2.02% 9.70% 6.33% -10.78% 4.25% 4.73% 1.60% -11.14% 1.18% 14.39% 6.21% -7.37% -3.42% 6.36% 8.37% -20.18% -0.91% 9.22% -1.30% 0.45% 4.17% -138.46% -377.09% -1.87% 34.88% -153.28% -287.83% 44.43% 481.69% -90.99% -15.56% 45.53% -25.32% -0.34% 22.87% -9.29%  
  operating margin %                                                                         
  interest expense-74,000,000 -68,000,000 -68,000,000 -69,000,000 -75,000,000 -71,000,000 -70,000,000 -67,000,000 -69,000,000 -60,000,000 -56,000,000 -52,000,000 -47,000,000 -48,000,000 -49,000,000 -49,000,000 -52,000,000 -52,000,000 -52,000,000 -52,000,000 -51,000,000 -51,000,000 -51,000,000 -52,000,000 -55,000,000 -63,000,000 -63,000,000 -64,000,000 -64,000,000 -66,000,000 -66,000,000 -66,000,000 -65,000,000 -65,000,000 -64,000,000 -63,000,000 -58,000,000 -58,000,000 -58,000,000 -58,000,000 -59,000,000 -55,000,000 -54,000,000 -54,000,000 -68,000,000 -64,000,000 -64,000,000 -60,000,000 -60,000,000 -59,000,000 -60,000,000 -61,000,000 -53,000,000 -50,000,000 -50,000,000 -48,583,000 -45,396,000 -44,025,000 131,254,544 -43,166,000 -43,687,000 -44,577,000 120,827,161 -45,670,000 -43,886,000  -38,169,000 -36,575,000  -25,824,000 -25,606,000  -20,804,000 
  other income4,000,000 12,000,000 20,000,000 379,000,000 26,000,000 16,000,000 9,000,000 10,000,000 20,000,000 10,000,000 191,000,000 26,000,000 24,000,000 14,000,000 7,000,000 10,000,000 22,000,000 12,000,000 -7,000,000 2,000,000 8,000,000 25,000,000 58,000,000 26,000,000 9,000,000 14,000,000 19,000,000 10,000,000 26,000,000 12,000,000 12,000,000 12,000,000 10,000,000 10,000,000 4,000,000 47,000,000 13,000,000 17,000,000 4,000,000 13,000,000 23,000,000 21,000,000 21,000,000 25,000,000 20,000,000 7,000,000 9,000,000 5,000,000 10,000,000 11,000,000 46,000,000 -23,000,000 29,000,000 23,000,000 8,000,000 24,682,000 15,357,000 5,557,000 -27,608,229 15,920,000 5,741,000 5,978,000 13,033,650 11,139,000 -19,839,000  15,899,000 24,233,000  19,017,000 44,135,000 26,589,000 7,633,000 
  income before taxes998,000,000 895,000,000 983,000,000 1,362,000,000 1,005,000,000 1,072,000,000 927,000,000 1,013,000,000 961,000,000 922,000,000 1,121,000,000 957,000,000 903,000,000 861,000,000 792,000,000 806,000,000 863,000,000 865,000,000 824,000,000 739,000,000 406,000,000 735,000,000 831,000,000 842,000,000 825,000,000 790,000,000 816,000,000 835,000,000 894,000,000 849,000,000 849,000,000 796,000,000 906,000,000 819,000,000 749,000,000 545,500,000 763,000,000 751,000,000 668,000,000                               689,488,000 717,206,000 570,835,000 641,892,000 
  income taxes243,000,000 195,000,000 233,000,000 202,000,000 246,000,000 253,000,000 210,000,000 241,000,000 207,000,000 208,000,000 214,000,000 230,000,000 165,000,000 199,000,000 183,000,000 167,000,000 88,000,000 194,000,000 182,000,000 157,000,000 87,000,000 169,000,000 190,000,000 182,000,000 202,000,000 193,000,000 209,000,000 197,000,000 228,000,000 197,000,000 197,000,000 872,000,000 266,000,000 232,000,000 213,000,000 219,000,000 228,000,000 226,000,000 200,000,000 184,000,000 214,000,000 216,000,000 206,000,000 196,000,000 217,000,000 212,000,000 184,000,000 166,000,000 222,000,000 190,000,000 187,000,000 486,000,000 214,000,000 216,000,000 192,000,000 200,250,000 197,482,000 21,000,000 -538,315,200 194,000,000 194,000,000 151,000,000 -301,555,700 146,100,000 92,167,000 52,000,000 173,404,000 215,900,000 159,700,000 198,400,000 211,600,000 168,400,000 195,800,000 
  net income755,000,000 700,000,000 750,000,000 1,160,000,000 759,000,000 819,000,000 717,000,000 772,000,000 754,000,000 714,000,000 907,000,000 727,000,000 738,000,000 662,000,000 609,000,000 639,000,000 775,000,000 671,000,000 642,000,000 582,000,000 319,000,000 566,000,000 641,000,000 660,000,000 623,000,000 597,000,000 607,000,000 638,000,000 666,000,000 652,000,000 652,000,000 -76,000,000 640,000,000 587,000,000 536,000,000 507,000,000 535,000,000 525,000,000 468,000,000 450,000,000 511,000,000 480,000,000 458,000,000 450,000,000 531,000,000 1,492,000,000 473,000,000 408,000,000 452,000,000 465,000,000 354,000,000 979,000,000 524,000,000 881,000,000 486,000,000 507,617,000 498,430,000 623,140,000 -1,132,871,807 419,276,000 420,792,000 294,331,000 -438,661,991 302,418,000 176,565,000  453,518,000 528,090,000 303,621,000 491,088,000 505,606,000 402,435,000 446,092,000 
  yoy-0.53% -14.53% 4.60% 50.26% 0.66% 14.71% -20.95% 6.19% 2.17% 7.85% 48.93% 13.77% -4.77% -1.34% -5.14% 9.79% 142.95% 18.55% 0.16% -11.82% -48.80% -5.19% 5.60% 3.45% -6.46% -8.44% -6.90% -939.47% 4.06% 11.07% 21.64% -114.99% 19.63% 11.81% 14.53% 12.67% 4.70% 9.38% 2.18% 0.00% -3.77% -67.83% -3.17% 10.29% 17.48% 220.86% 33.62% -58.32% -13.74% -47.22% -27.16% 92.86% 5.13% 41.38% -142.90% 21.07% 18.45% 111.71% 158.26% 38.64% 138.32%  -196.72% -42.73% -41.85%  -10.30% 31.22% -31.94%     
  qoq7.86% -6.67% -35.34% 52.83% -7.33% 14.23% -7.12% 2.39% 5.60% -21.28% 24.76% -1.49% 11.48% 8.70% -4.69% -17.55% 15.50% 4.52% 10.31% 82.45% -43.64% -11.70% -2.88% 5.94% 4.36% -1.65% -4.86% -4.20% 2.15% 0.00% -957.89% -111.87% 9.03% 9.51% 5.72% -5.23% 1.90% 12.18% 4.00% -11.94% 6.46% 4.80% 1.78% -15.25% -64.41% 215.43% 15.93% -9.73% -2.80% 31.36% -63.84% 86.83% -40.52% 81.28% -4.26% 1.84% -20.01% -155.01% -370.20% -0.36% 42.97% -167.10% -245.05% 71.28%   -14.12% 73.93% -38.17% -2.87% 25.64% -9.79%  
  net income margin %                                                                         
  net income per share                                                                         
  basic2.58 2.39 2.55 3.92 2.55 2.74 2.39 2.55 2.49 2.34 2.95 2.36 2.37 2.12 1.94 2.03 2.46 2.12 2.03 1.84 1.01 1.78 1.99 2.05 1.92 1.82 1.84 1.91 1.98 1.92 1.92 -0.22 1.86 1.7 1.55 1.45 1.51 1.47 1.29 1.24 1.4 1.31 1.22 1.19 1.35 3.69 1.12 0.93 1.01 1.04 0.78 2.11 1.13 1.86 1.01 1.04 1.25 0.79 0.84 0.84 0.59 1.01 0.6 0.35  0.88 1.01 0.58 0.89 0.91 0.72 0.79 
  diluted2.58 2.38 2.54 3.91 2.54 2.73 2.38 2.55 2.48 2.33 2.94 2.35 2.37 2.11 1.93 2.02 2.45 2.11 2.02 1.83 1.01 1.77 1.98 2.04 1.91 1.81 1.83 1.9 1.97 1.9 1.9 -0.21 1.85 1.69 1.54 1.45 1.5 1.46 1.29 1.23 1.39 1.3 1.21 1.19 1.34 3.66 1.11 0.93 1.01 1.03 0.78 2.09 1.12 1.85 1.04 0.99 1.24 0.78 0.83 0.83 0.58 1.01 0.6 0.35  0.87 1.01 0.57 0.89 0.9 0.71 0.78 
  shares of common stock outstanding during the period:                                                                         
  average292.3 293.6 74.4 296.1 297.6 298.9 75.85 301.9 303.3 305 77.65 308.8 310.6 312.5 78.9 314.6 315.6 316.6 79.225 316.5 316.1 318.3 81.2 322.3 324.8 327.3 84.175 333.3 336.7 340.2 340.2 86.175 343.4 344.7 346.2 89.325 353.5 356.6 362 92.325 365.1 366.2 376.6 101.7 394 404.7 421.9 112.25 445.9 449.6 451.7 118.3 464.8 472.9 482 486,253 497,798 498,562 125,535.25 500,751 503,265 502,424 124,908.75 500,313 499,389 499,189 517,914 521,488 526,299 549,561 556,793 559,001 567,637 
  average assuming dilution292.9 294.5 74.625 297 298.5 300 76.125 303 304.2 306.1 77.9 309.7 311.5 313.7 79.225 315.9 316.9 317.9 79.575 317.9 317.4 319.7 81.65 324 326.6 329.6 84.75 335.3 338.9 342.8 342.8 86.875 346 347.5 349 89.825 355.5 358.5 363.9 92.9 367.1 368.4 379.2 102.425 396.8 407.6 425 113.025 448.9 452.5 454.8 119.15 468.1 476.1 485.6 488,776 501,861 502,710 126,172.5 503,149 506,297 505,014 125,296 502,187 500,875 499,189 521,086 525,209 529,725 554,255 561,244 563,280 570,929 
  legal settlement                                -80,000,000                                         
  cash dividends per share:                                                                         
  paid                          0.585 0.78 0.78 0.78 0.78 0.488 0.65 0.65 0.65 0.413 0.55 0.55 0.55 0.364 0.485 0.485 0.485 0.315 0.42 0.42 0.42 0.19 0.38 0.38  0.27 0.36 0.36 0.36 0.34 0.34 0.34 0.233 0.31 0.31 0.31 0.233 0.31 0.31 0.31 0.28 0.28 0.28 0.21 0.21 0.21 0.165 
  declared                          0.64 0.78 0.78 0.78 0.52 0.78 0.65 0.65 0.438 0.65 0.55 0.55 0.38 0.55 0.485 0.485 0.333 0.49 0.42 0.42 0.295 0.42 0.38 0.38 0.275 0.38 0.36 0.36 0.36 0.34 0.34 0.24 0.34 0.31 0.31 0.233 0.31 0.31 0.31 0.31 0.28 0.28 0.28 0.21 0.21 0.21 
  amortization of intangible assets                                       57,000,000 57,000,000 58,000,000 59,000,000 60,000,000 60,000,000 60,000,000 62,000,000 64,000,000 64,000,000 65,000,000 68,000,000 71,000,000 70,000,000 75,000,000 72,000,000 68,302,000 62,705,000  -158,854,116 52,053,000 53,911,000 53,103,000 -151,855,770 49,542,000 51,947,000 50,570,000  44,600,000 42,437,000     
  impairment of goodwill and other intangible assets                                        2,000,000    3,000,000    2,000,000    2,000,000      -1,004,994 1,006,000      89,997,000   98,590,000     
  income from continuing operations before income taxes                                       634,000,000 725,000,000 696,000,000 664,000,000 657,000,000 724,000,000 706,000,000 612,000,000 573,000,000 628,000,000 654,000,000 646,000,000           445,331,000    22,572,000   461,075,000     
  income from continuing operations                                       450,000,000 511,000,000 480,000,000 458,000,000 461,000,000 507,000,000 494,000,000 428,000,000 407,000,000 406,000,000 464,000,000 459,000,000 972,000,000 525,000,000 527,000,000 471,000,000 490,133,000 483,529,000  -1,132,871,807 419,276,000 420,792,000 294,331,000 -472,921,510 302,964,000 178,943,000  443,289,000 528,470,000 301,375,000     
  income from discontinued operations                                           -11,000,000 24,000,000 998,000,000 45,000,000 1,000,000 46,000,000 1,000,000 -105,000,000 7,000,000 -1,000,000 354,000,000 15,000,000 17,484,000 14,901,000      34,259,519 -546,000 -2,378,000    2,246,000     
  income per share from continuing operations:                                                                         
  basic                                       1.24 1.4 1.31 1.22 1.19 1.29 1.22 1.01 0.93 0.91 1.03 1.02 2.09 1.13         0.59      1.01 0.57     
  diluted                                       1.23 1.39 1.3 1.21 1.18 1.28 1.21 1.01 0.93 0.9 1.03 1.01 2.07 1.12         0.58      1.01 0.57     
  income per share from discontinued operations:                                                                         
  operating revenues                                          3,342,000,000 3,504,000,000 3,692,000,000 3,719,000,000 3,569,000,000 3,554,000,000 3,568,000,000 4,219,000,000 4,009,000,000 4,221,000,000 4,501,000,000 4,655,000,000 4,547,000,000 4,580,516,000 4,614,914,000 4,387,579,000 -11,685,236,624 4,018,466,000 4,076,252,000 3,606,389,000 -10,105,761,932 3,580,354,000 3,392,906,000 2,914,268,000 4,147,757,000 4,570,472,000 4,139,414,000 4,093,803,000 4,159,689,000 3,759,041,000 3,538,014,000 
  cost of revenues                                          1,970,000,000 2,114,000,000 2,182,000,000 2,219,000,000 2,158,000,000 2,173,000,000 2,148,000,000 2,619,000,000 2,502,000,000 2,725,000,000 2,855,000,000 2,964,000,000 2,911,000,000 2,961,497,000 2,996,014,000 2,826,692,000 -7,491,366,552 2,584,901,000 2,595,954,000 2,320,752,000 -6,707,110,148 2,315,175,000 2,248,253,000 1,983,400,000 2,699,268,000 2,946,725,000 2,697,966,000 2,642,744,000 2,675,515,000 2,449,029,000 2,292,192,000 
  selling, administrative, and research                                                                         
  and development expenses                                                   629,000,000 811,000,000 846,000,000 859,000,000 836,433,000 845,145,000    773,649,000  559,901,000 720,042,000 757,871,000  759,142,000 822,435,000  715,662,000 745,718,000  593,719,000 
  before income taxes                                                   536,250,000 739,000,000 743,000,000 663,000,000 690,383,000 681,011,000  418,349,750 613,276,000 614,792,000  193,922,750 449,064,000 271,110,000  616,693,000 744,370,000      
  shares of common stock outstanding                                                                         
  during the period:                                                                         
  income per share from continuing                                                                         
  operations:                                                                         
  basic                                                     1.12 0.98 1.01 0.97  0.565 0.84 0.84  0.238 0.61 0.36  0.86       
  diluted                                                     1.11 0.97 0.96  0.563 0.83 0.83  0.238 0.6 0.36  0.85       
  income per share from discontinued                                                                         
  impairment of goodwill and other                                                                         
  intangible assets                                                                         
  cash dividends:                                                                         
  amortization and impairment of goodwill and other intangible assets                                                         56,367,000              40,179,000  
  income before income taxes                                                         644,140,000                
  loss per share from discontinued                                                                         
  impairment of goodwill and                                                                         
  other intangible assets                                                              25,499,250 12,000,000          
  loss per share from discontinued operations:                                                                         
  basic                                                                         
  diluted                                                                         
  amortization and impairment of                                                                         
  goodwill and other intangible assets                                                                  50,384,000   39,102,000 39,779,000  25,237,000 
  income from discontinued                                                                         
  operations                                                                  10,229,000 -380,000      
  income per share from                                                                         
  discontinued operations:                                                                         
  basic                                                                  0.02       
  diluted                                                                  0.02       
  investment income                                                                        28,197,000 

We provide you with 20 years income statements for Illinois Tool Works stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Illinois Tool Works stock. Explore the full financial landscape of Illinois Tool Works stock with our expertly curated income statements.

The information provided in this report about Illinois Tool Works stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.