Illinois Tool Works net income 1985–2026What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
Illinois Tool Works earned 855.00M USD in Q3 FY2026, the three months to 30 September 2026, up 4.1% on the same quarter a year before. Illinois Tool Works's net income over the last twelve months was 3.23B USD, up 6.7% on the twelve months before. In fiscal year 2025 it earned 3.07B USD, down 12.1% on the year before.
Last updated 11 Nov 2026 · Next report 2 Feb 2027
Net income
Growth
| Fiscal year | Period ending | Net income | Growth | Net margin | Revenue |
|---|---|---|---|---|---|
| TTM | 30 Sept 2026 | 3.23B | +6.68% | 19.39% | 16.65B |
| FY2025 | 31 Dec 2025 | 3.07B | -12.10% | 19.11% | 16.04B |
| FY2024 | 31 Dec 2024 | 3.49B | +17.96% | 21.94% | 15.90B |
| FY2023 | 31 Dec 2023 | 2.96B | -2.54% | 18.36% | 16.11B |
| FY2022 | 31 Dec 2022 | 3.03B | +12.62% | 19.04% | 15.93B |
| FY2021 | 31 Dec 2021 | 2.69B | +27.74% | 18.64% | 14.46B |
| FY2020 | 31 Dec 2020 | 2.11B | -16.34% | 16.77% | 12.57B |
| FY2019 | 31 Dec 2019 | 2.52B | -1.64% | 17.87% | 14.11B |
| FY2018 | 31 Dec 2018 | 2.56B | +51.93% | 17.36% | 14.77B |
| FY2017 | 31 Dec 2017 | 1.69B | -17.10% | 11.79% | 14.31B |
| FY2016 | 31 Dec 2016 | 2.04B | +7.16% | 14.96% | 13.60B |
| FY2015 | 31 Dec 2015 | 1.90B | -35.54% | 14.17% | 13.41B |
| FY2014 | 31 Dec 2014 | 2.95B | +75.46% | 20.34% | 14.48B |
| FY2013 | 31 Dec 2013 | 1.68B | -41.50% | 11.88% | 14.14B |
| FY2012 | 31 Dec 2012 | 2.87B | +38.55% | 16.01% | 17.92B |
| FY2011 | 31 Dec 2011 | 2.07B | +35.63% | 11.65% | 17.79B |
| FY2010 | 31 Dec 2010 | 1.53B | +61.26% | 9.62% | 15.87B |
| FY2009 | 31 Dec 2009 | 947.01M | -37.66% | 6.82% | 13.88B |
| FY2008 | 31 Dec 2008 | 1.52B | -18.76% | 9.57% | 15.87B |
| FY2007 | 31 Dec 2007 | 1.87B | +8.86% | 11.56% | 16.17B |
| FY2006 | 31 Dec 2006 | 1.72B | +14.91% | 12.22% | 14.06B |
| FY2005 | 31 Dec 2005 | 1.49B | +11.67% | 11.57% | 12.92B |
| FY2004 | 31 Dec 2004 | 1.34B | +30.77% | 11.41% | 11.73B |
| FY2003 | 31 Dec 2003 | 1.02B | +43.66% | 10.20% | 10.04B |
| FY2002 | 31 Dec 2002 | 712.59M | -11.55% | 7.53% | 9.47B |
| FY2001 | 31 Dec 2001 | 805.66M | -15.90% | 8.67% | 9.29B |
| FY2000 | 31 Dec 2000 | 957.98M | +13.90% | 9.60% | 9.98B |
| FY1999 | 31 Dec 1999 | 841.10M | +25.01% | 9.01% | 9.33B |
| FY1998 | 31 Dec 1998 | 672.80M | +14.62% | 11.91% | 5.65B |
| FY1997 | 31 Dec 1997 | 587.00M | +20.71% | 11.24% | 5.22B |
| FY1996 | 31 Dec 1996 | 486.30M | +25.46% | 9.73% | 5.00B |
| FY1995 | 31 Dec 1995 | 387.60M | +39.52% | 9.33% | 4.15B |
| FY1994 | 31 Dec 1994 | 277.80M | +34.46% | 8.03% | 3.46B |
| FY1993 | 31 Dec 1993 | 206.60M | +7.55% | 6.54% | 3.16B |
| FY1992 | 31 Dec 1992 | 192.10M | +6.37% | 6.83% | 2.81B |
| FY1991 | 31 Dec 1991 | 180.60M | -0.99% | 6.84% | 2.64B |
| FY1990 | 31 Dec 1990 | 182.40M | +11.36% | 7.17% | 2.54B |
| FY1989 | 31 Dec 1989 | 163.80M | +17.00% | 7.54% | 2.17B |
| FY1988 | 31 Dec 1988 | 140.00M | +31.83% | 7.25% | 1.93B |
| FY1987 | 31 Dec 1987 | 106.20M | +33.42% | 6.25% | 1.70B |
| FY1986 | 31 Dec 1986 | 79.60M | +152.70% | 8.28% | 961.10M |
| FY1985 | 31 Dec 1985 | 31.50M | — | 5.28% | 596.10M |
| Quarter | Period ending | Net income | Growth on a year before | Net margin | Revenue |
|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 855.00M | +4.14% | 20.18% | 4.24B |
| Q2 FY2026 | 30 Jun 2026 | 815.00M | +7.95% | 18.95% | 4.30B |
| Q1 FY2026 | 31 Mar 2026 | 768.00M | +9.71% | 19.12% | 4.02B |
| Q4 FY2025 | 31 Dec 2025 | 790.00M | +5.33% | 19.30% | 4.09B |
| Q3 FY2025 | 30 Sept 2025 | 821.00M | -29.22% | 20.23% | 4.06B |
| Q2 FY2025 | 30 Jun 2025 | 755.00M | -0.53% | 18.63% | 4.05B |
| Q1 FY2025 | 31 Mar 2025 | 700.00M | -14.53% | 18.23% | 3.84B |
| Q4 FY2024 | 31 Dec 2024 | 750.00M | +4.60% | 19.07% | 3.93B |
| Q3 FY2024 | 30 Sept 2024 | 1.16B | +50.26% | 29.25% | 3.97B |
| Q2 FY2024 | 30 Jun 2024 | 759.00M | +0.66% | 18.85% | 4.03B |
| Q1 FY2024 | 31 Mar 2024 | 819.00M | +14.71% | 20.61% | 3.97B |
| Q4 FY2023 | 31 Dec 2023 | 717.00M | -20.95% | 18.00% | 3.98B |
| Q3 FY2023 | 30 Sept 2023 | 772.00M | +6.19% | 19.15% | 4.03B |
| Q2 FY2023 | 30 Jun 2023 | 754.00M | +2.17% | 18.51% | 4.07B |
| Q1 FY2023 | 31 Mar 2023 | 714.00M | +7.85% | 17.77% | 4.02B |
| Q4 FY2022 | 31 Dec 2022 | 907.00M | +48.93% | 22.84% | 3.97B |
| Q3 FY2022 | 30 Sept 2022 | 727.00M | +13.77% | 18.13% | 4.01B |
| Q2 FY2022 | 30 Jun 2022 | 738.00M | -4.77% | 18.40% | 4.01B |
| Q1 FY2022 | 31 Mar 2022 | 662.00M | -1.34% | 16.81% | 3.94B |
| Q4 FY2021 | 31 Dec 2021 | 609.00M | -5.14% | 16.55% | 3.68B |
| Q3 FY2021 | 30 Sept 2021 | 639.00M | +9.79% | 17.97% | 3.56B |
| Q2 FY2021 | 30 Jun 2021 | 775.00M | +142.95% | 21.08% | 3.68B |
| Q1 FY2021 | 31 Mar 2021 | 671.00M | +18.55% | 18.93% | 3.54B |
| Q4 FY2020 | 31 Dec 2020 | 642.00M | +0.16% | 18.47% | 3.48B |
| Q3 FY2020 | 30 Sept 2020 | 582.00M | -11.82% | 17.60% | 3.31B |
| Q2 FY2020 | 30 Jun 2020 | 319.00M | -48.80% | 12.44% | 2.56B |
| Q1 FY2020 | 31 Mar 2020 | 566.00M | -5.19% | 17.53% | 3.23B |
| Q4 FY2019 | 31 Dec 2019 | 641.00M | +5.60% | 18.48% | 3.47B |
| Q3 FY2019 | 30 Sept 2019 | 660.00M | +3.45% | 18.97% | 3.48B |
| Q2 FY2019 | 30 Jun 2019 | 623.00M | -6.46% | 17.26% | 3.61B |
| Q1 FY2019 | 31 Mar 2019 | 597.00M | -8.44% | 16.81% | 3.55B |
| Q4 FY2018 | 31 Dec 2018 | 607.00M | — | 16.96% | 3.58B |
| Q3 FY2018 | 30 Sept 2018 | 638.00M | -0.31% | 17.66% | 3.61B |
| Q2 FY2018 | 30 Jun 2018 | 666.00M | +13.46% | 17.38% | 3.83B |
| Q1 FY2018 | 30 Mar 2018 | 652.00M | +21.64% | 17.41% | 3.74B |
| Q4 FY2017 | 31 Dec 2017 | -76.00M | -114.99% | -2.09% | 3.63B |
| Q3 FY2017 | 30 Sept 2017 | 640.00M | +19.63% | 17.70% | 3.62B |
| Q2 FY2017 | 30 Jun 2017 | 587.00M | +11.81% | 16.31% | 3.60B |
| Q1 FY2017 | 31 Mar 2017 | 536.00M | +14.53% | 15.44% | 3.47B |
| Q4 FY2016 | 31 Dec 2016 | 507.00M | +12.67% | 14.92% | 3.40B |
| Q3 FY2016 | 30 Sept 2016 | 535.00M | +4.70% | 15.31% | 3.50B |
| Q2 FY2016 | 30 Jun 2016 | 525.00M | +9.38% | 15.30% | 3.43B |
| Q1 FY2016 | 31 Mar 2016 | 468.00M | +2.18% | 14.29% | 3.27B |
| Q4 FY2015 | 31 Dec 2015 | 450.00M | 0.00% | 13.74% | 3.28B |
| Q3 FY2015 | 30 Sept 2015 | 511.00M | -3.77% | 15.24% | 3.35B |
| Q2 FY2015 | 30 Jun 2015 | 480.00M | -67.83% | 13.98% | 3.43B |
| Q1 FY2015 | 31 Mar 2015 | 458.00M | -3.17% | 13.70% | 3.34B |
| Q4 FY2014 | 31 Dec 2014 | 450.00M | +10.29% | 12.84% | 3.50B |
| Q3 FY2014 | 30 Sept 2014 | 531.00M | +17.48% | 14.38% | 3.69B |
| Q2 FY2014 | 30 Jun 2014 | 1.49B | +220.86% | 40.12% | 3.72B |
| Q1 FY2014 | 31 Mar 2014 | 473.00M | +33.62% | 13.25% | 3.57B |
| Q4 FY2013 | 31 Dec 2013 | 408.00M | -58.32% | 11.48% | 3.55B |
| Q3 FY2013 | 30 Sept 2013 | 452.00M | -13.74% | 12.67% | 3.57B |
| Q2 FY2013 | 30 Jun 2013 | 465.00M | -47.22% | 11.02% | 4.22B |
| Q1 FY2013 | 31 Mar 2013 | 354.00M | -27.16% | 8.83% | 4.01B |
| Q4 FY2012 | 31 Dec 2012 | 979.00M | +121.39% | 23.19% | 4.22B |
| Q3 FY2012 | 30 Sept 2012 | 524.00M | +3.35% | 11.64% | 4.50B |
| Q2 FY2012 | 30 Jun 2012 | 881.00M | +76.55% | 18.93% | 4.66B |
| Q1 FY2012 | 31 Mar 2012 | 486.00M | -21.99% | 10.69% | 4.55B |
| Q4 FY2011 | 31 Dec 2011 | 442.20M | +12.58% | 10.24% | 4.32B |
| Q3 FY2011 | 30 Sept 2011 | 507.00M | +20.13% | 11.07% | 4.58B |
| Q2 FY2011 | 30 Jun 2011 | 499.00M | +21.28% | 10.81% | 4.61B |
| Q1 FY2011 | 31 Mar 2011 | 623.00M | +86.64% | 14.20% | 4.39B |
| Q4 FY2010 | 31 Dec 2010 | 392.79M | -22.59% | 9.42% | 4.17B |
| Q3 FY2010 | 30 Sept 2010 | 422.03M | +39.55% | 10.50% | 4.02B |
| Q2 FY2010 | 30 Jun 2010 | 411.46M | +133.03% | 10.09% | 4.08B |
| Q1 FY2010 | 31 Mar 2010 | 333.81M | — | 9.26% | 3.61B |
| Q4 FY2009 | 31 Dec 2009 | 507.40M | +117.05% | 13.50% | 3.76B |
| Q3 FY2009 | 30 Sept 2009 | 302.42M | -33.32% | 8.45% | 3.58B |
| Q2 FY2009 | 30 Jun 2009 | 176.57M | -66.57% | 5.20% | 3.39B |
| Q1 FY2009 | 31 Mar 2009 | -39.37M | -112.97% | -1.35% | 2.91B |
| Q4 FY2008 | 31 Dec 2008 | 233.77M | -50.34% | 6.36% | 3.68B |
| Q3 FY2008 | 30 Sept 2008 | 453.52M | -7.65% | 10.93% | 4.15B |
| Q2 FY2008 | 30 Jun 2008 | 528.09M | -0.51% | 11.55% | 4.57B |
| Q1 FY2008 | 31 Mar 2008 | 303.62M | -24.55% | 7.33% | 4.14B |
| Q4 FY2007 | 31 Dec 2007 | 470.73M | +7.16% | 11.32% | 4.16B |
| Q3 FY2007 | 30 Sept 2007 | 491.09M | +10.09% | 12.00% | 4.09B |
| Q2 FY2007 | 30 Jun 2007 | 530.78M | +13.94% | 12.76% | 4.16B |
| Q1 FY2007 | 31 Mar 2007 | 402.44M | +9.80% | 10.71% | 3.76B |
| Q4 FY2006 | 31 Dec 2006 | 439.27M | +9.66% | 12.07% | 3.64B |
| Q3 FY2006 | 30 Sept 2006 | 446.09M | +9.28% | 12.61% | 3.54B |
| Q2 FY2006 | 30 Jun 2006 | 465.85M | +24.63% | 13.01% | 3.58B |
| Q1 FY2006 | 31 Mar 2006 | 366.53M | +17.36% | 11.12% | 3.30B |
| Q4 FY2005 | 31 Dec 2005 | 400.58M | +11.86% | 12.16% | 3.29B |
| Q3 FY2005 | 30 Sept 2005 | 408.20M | +23.68% | 12.53% | 3.26B |
| Q2 FY2005 | 30 Jun 2005 | 373.78M | +3.73% | 11.34% | 3.30B |
| Q1 FY2005 | 31 Mar 2005 | 312.31M | +7.62% | 10.16% | 3.07B |
| Q4 FY2004 | 31 Dec 2004 | 358.10M | +26.40% | 11.73% | 3.05B |
| Q3 FY2004 | 30 Sept 2004 | 330.05M | +22.74% | 11.12% | 2.97B |
| Q2 FY2004 | 30 Jun 2004 | 360.35M | +30.51% | 12.00% | 3.00B |
| Q1 FY2004 | 31 Mar 2004 | 290.20M | +48.53% | 10.71% | 2.71B |
| Q4 FY2003 | 31 Dec 2003 | 283.30M | +27.05% | 10.79% | 2.63B |
| Q3 FY2003 | 30 Sept 2003 | 268.90M | +9.52% | 10.62% | 2.53B |
| Q2 FY2003 | 30 Jun 2003 | 276.10M | +3.21% | 10.77% | 2.56B |
| Q1 FY2003 | 31 Mar 2003 | 195.38M | — | 8.44% | 2.31B |
| Q4 FY2002 | 31 Dec 2002 | 222.99M | +16.70% | 9.19% | 2.43B |
| Q3 FY2002 | 30 Sept 2002 | 245.54M | +23.35% | 10.23% | 2.40B |
| Q2 FY2002 | 30 Jun 2002 | 267.51M | +14.92% | 10.99% | 2.43B |
| Q1 FY2002 | 31 Mar 2002 | -23.44M | -112.83% | -1.06% | 2.20B |
| Q4 FY2001 | 31 Dec 2001 | 191.07M | -5.17% | 9.60% | 1.99B |
| Q3 FY2001 | 30 Sept 2001 | 199.06M | — | 8.31% | 2.40B |
| Q2 FY2001 | 30 Jun 2001 | 232.78M | -14.82% | 9.27% | 2.51B |
| Q1 FY2001 | 31 Mar 2001 | 182.76M | -16.60% | 7.62% | 2.40B |
| Q4 FY2000 | 31 Dec 2000 | 201.49M | -30.45% | 7.97% | 2.53B |
| Q3 FY2000 | 3 Sept 2000 | 264.09M | — | 10.68% | 2.47B |
| Q2 FY2000 | 30 Jun 2000 | 273.27M | +14.00% | 10.60% | 2.58B |
| Q1 FY2000 | 31 Mar 2000 | 219.13M | +16.29% | 9.11% | 2.40B |
| Q4 FY1999 | 31 Dec 1999 | 289.70M | +57.19% | 6.24% | 4.64B |
| Q3 FY1999 | 30 Sept 1999 | 232.90M | +42.10% | 14.61% | 1.59B |
| Q2 FY1999 | 30 Jun 1999 | 239.72M | +36.20% | 14.76% | 1.62B |
| Q1 FY1999 | 31 Mar 1999 | 188.43M | +26.72% | 12.79% | 1.47B |
| Q4 FY1998 | 31 Dec 1998 | 184.30M | +15.04% | 12.21% | 1.51B |
| Q3 FY1998 | 30 Sept 1998 | 163.90M | +9.93% | 11.90% | 1.38B |
| Q2 FY1998 | 30 Jun 1998 | 176.00M | +13.99% | 12.39% | 1.42B |
| Q1 FY1998 | 31 Mar 1998 | 148.70M | +20.60% | 11.09% | 1.34B |
| Q4 FY1997 | 31 Dec 1997 | 160.20M | +19.29% | 11.88% | 1.35B |
| Q3 FY1997 | 30 Sept 1997 | 149.10M | +21.42% | 11.33% | 1.32B |
| Q2 FY1997 | 30 Jun 1997 | 154.40M | +18.40% | 11.64% | 1.33B |
| Q1 FY1997 | 31 Mar 1997 | 123.30M | +24.80% | 10.03% | 1.23B |
| Q4 FY1996 | 31 Dec 1996 | 134.30M | +26.34% | 10.36% | 1.30B |
| Q3 FY1996 | 30 Sept 1996 | 122.80M | +22.80% | 9.92% | 1.24B |
| Q2 FY1996 | 30 Jun 1996 | 130.40M | +22.79% | 9.84% | 1.32B |
| Q1 FY1996 | 31 Mar 1996 | 98.80M | +31.73% | 8.69% | 1.14B |
| Q4 FY1995 | 31 Dec 1995 | 106.30M | +25.35% | 9.78% | 1.09B |
| Q3 FY1995 | 30 Sept 1995 | 100.00M | +40.06% | 9.57% | 1.05B |
| Q2 FY1995 | 30 Jun 1995 | 106.20M | +50.21% | 9.74% | 1.09B |
| Q1 FY1995 | 31 Mar 1995 | 75.00M | +47.35% | 8.07% | 929.10M |
| Q4 FY1994 | 31 Dec 1994 | 84.80M | +44.22% | 9.04% | 937.90M |
| Q3 FY1994 | 30 Sept 1994 | 71.40M | +40.28% | 8.20% | 870.90M |
| Q2 FY1994 | 30 Jun 1994 | 70.70M | +29.01% | 8.02% | 881.00M |
| Q1 FY1994 | 31 Mar 1994 | 50.90M | +21.19% | 6.60% | 771.40M |
| Q4 FY1993 | 31 Dec 1993 | 58.80M | +13.95% | 7.35% | 800.30M |
| Q3 FY1993 | 30 Sept 1993 | 50.90M | +3.67% | 6.53% | 779.50M |
| Q2 FY1993 | 30 Jun 1993 | 54.80M | +7.03% | 6.61% | 829.30M |
| Q1 FY1993 | 31 Mar 1993 | 42.00M | +4.48% | 5.60% | 750.00M |
| Q4 FY1992 | 31 Dec 1992 | 51.60M | +9.55% | 7.22% | 714.40M |
| Q3 FY1992 | 30 Sept 1992 | 49.10M | +9.11% | 6.91% | 710.60M |
| Q2 FY1992 | 30 Jun 1992 | 51.20M | +8.25% | 7.14% | 717.10M |
| Q1 FY1992 | 31 Mar 1992 | 40.20M | -2.43% | 6.00% | 669.50M |
| Q4 FY1991 | 31 Dec 1991 | 47.10M | +3.06% | 6.69% | 704.20M |
| Q3 FY1991 | 30 Sept 1991 | 45.00M | -2.60% | 6.88% | 654.20M |
| Q2 FY1991 | 30 Jun 1991 | 47.30M | -5.21% | 7.03% | 673.10M |
| Q1 FY1991 | 31 Mar 1991 | 41.20M | +1.48% | 6.77% | 608.20M |
| Q4 FY1990 | 31 Dec 1990 | 45.70M | +10.12% | 6.75% | 676.60M |
| Q3 FY1990 | 30 Sept 1990 | 46.20M | +12.96% | 7.14% | 647.30M |
| Q2 FY1990 | 30 Jun 1990 | 49.90M | +12.39% | 7.65% | 652.60M |
| Q1 FY1990 | 31 Mar 1990 | 40.60M | +9.73% | 7.15% | 567.70M |
| Q4 FY1989 | 31 Dec 1989 | 41.50M | +16.57% | 7.42% | 559.20M |
| Q3 FY1989 | 30 Sept 1989 | 40.90M | +18.55% | 7.48% | 546.90M |
| Q2 FY1989 | 30 Jun 1989 | 44.40M | +14.14% | 7.75% | 572.80M |
| Q1 FY1989 | 31 Mar 1989 | 37.00M | +19.74% | 7.49% | 493.80M |
| Q4 FY1988 | 31 Dec 1988 | 35.60M | +33.33% | 7.11% | 500.40M |
| Q3 FY1988 | 30 Sept 1988 | 34.50M | +30.68% | 7.18% | 480.70M |
| Q2 FY1988 | 30 Jun 1988 | 38.90M | +35.54% | 7.77% | 500.90M |
| Q1 FY1988 | 31 Mar 1988 | 30.90M | +26.64% | 6.90% | 447.80M |
| Q4 FY1987 | 31 Dec 1987 | 26.70M | -2.20% | 5.91% | 452.10M |
| Q3 FY1987 | 30 Sept 1987 | 26.40M | +50.86% | 6.29% | 419.80M |
| Q2 FY1987 | 30 Jun 1987 | 28.70M | +47.18% | 6.75% | 425.10M |
| Q1 FY1987 | 31 Mar 1987 | 24.40M | +60.53% | 6.08% | 401.40M |
| Q4 FY1986 | 31 Dec 1986 | 27.30M | — | 7.01% | 389.50M |
| Q3 FY1986 | 30 Sept 1986 | 17.50M | +37.80% | 9.11% | 192.00M |
| Q2 FY1986 | 30 Jun 1986 | 19.50M | — | 9.61% | 203.00M |
| Q1 FY1986 | 31 Mar 1986 | 15.20M | — | 8.70% | 174.70M |
| Q4 FY1985 | 31 Dec 1985 | -10.80M | — | -7.27% | 148.60M |
| Q3 FY1985 | 30 Sept 1985 | 12.70M | — | 8.81% | 144.10M |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about Illinois Tool Works's profit
Source: Financial Modeling PrepVerified against SEC filings
