Illinois Tool Works Inc. Net Income 2007–2025
Illinois Tool Works Inc. reported $3.07B of net income for fiscal 2025. That was 12.1% lower than fiscal 2024. Compared with fiscal 2020, the change was +45.4%.
| Fiscal year | Net Income | Net margin | Change (YoY) |
|---|---|---|---|
| FY 2025 | $3.07B | 19.1% | -12.1% |
| FY 2024 | $3.49B | 21.9% | +18.0% |
| FY 2023 | $2.96B | 18.4% | -2.5% |
| FY 2022 | $3.03B | 19.0% | +12.6% |
| FY 2021 | $2.69B | 18.6% | +27.7% |
| FY 2020 | $2.11B | 16.8% | -16.3% |
| FY 2019 | $2.52B | 17.9% | -1.6% |
| FY 2018 | $2.56B | 17.4% | +51.9% |
| FY 2017 | $1.69B | 11.8% | -17.1% |
| FY 2016 | $2.04B | 15.0% | +7.2% |
| FY 2015 | $1.90B | 14.2% | -35.5% |
| FY 2014 | $2.95B | 20.3% | +75.5% |
| FY 2013 | $1.68B | 11.9% | -41.5% |
| FY 2012 | $2.87B | 19.4% | +38.6% |
| FY 2011 | $2.07B | 14.3% | +37.8% |
| FY 2010 | $1.50B | 9.7% | +54.5% |
| FY 2009 | $972.70M | 7.2% | -36.0% |
| FY 2008 | $1.52B | 8.9% | -18.8% |
| FY 2007 | $1.87B | 11.6% | — |
Source: Illinois Tool Works Inc. SEC filings — income statement (10-K). Computed deterministically; refreshed nightly (last updated August 2, 2026). Open ITW 10-K filings at SEC EDGAR · Methodology · Download CSV.
How to read this history
Illinois Tool Works Inc. reported $3.07B of net income for fiscal 2025. That was 12.1% lower than fiscal 2024. Compared with fiscal 2020, the change was +45.4%. Values remain missing when the cached filing does not disclose a comparable line item; they are never estimated. Stock splits, reorganizations and fiscal-calendar changes can reduce comparability.
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What is Illinois Tool Works Inc.'s net income?
Illinois Tool Works Inc. (ITW) reported net income of $3.07B for fiscal year 2025, per its SEC filings.
How has Illinois Tool Works Inc.'s net income changed over time?
Between fiscal 2007 and 2025, ITW's net income grew at roughly 2.8% per year (compound annual rate), from $1.87B to $3.07B.
Where does this data come from?
Figures are computed from Illinois Tool Works Inc.'s official SEC filings (income statement (10-K)), refreshed nightly. Not investment advice.