Company / Cost of Revenue
Illinois Tool Works Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$9.0B
FY2025
5-year range
$7.4B / $9.3B
FY2021-FY2025
Trend
+1.3%
vs FY2024
Sector context
#33 of 245
Industrials
What the data says
Illinois Tool Works's cost of revenue of $9.0B is higher than 87% of companies in the Industrials sector (FY2025). Cost of Revenue has fluctuated over the past 10 years, ranging from $7.4B in FY2022 to $9.3B in FY2023.
Based on SEC 10-K filings.
$9.0B in FY2025 with a 5-year CAGR of +0.8%. Top quartile in the Industrials sector.
Improved from $9.3B to $9.0B over the past 2 years.
Industrials sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +6.7%
- 5-Year CAGR
- +0.8%
- 10-Year CAGR
- -
Sector benchmark
+106.5% above sector average
Key checks
Key Insights
- 5-year CAGR of +0.8%, indicating consistent growth.
- In FY2025, cost of revenue increased 1.3% year-over-year.
- Ranks #33 out of 245 companies in the Industrials sector.
- Peak cost of revenue was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score 3.54 (safe zone, above 2.9 threshold)
- Strong return on equity: 94.3%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $9.0B | +1.3% |
| FY2024 | $8.9B | -4.9% |
| FY2023 | $9.3B | +26.3% |
| FY2022 | $7.4B | -9.9% |
| FY2021 | $8.2B | -4.8% |
| FY2020 | $8.6B | +5.1% |
| FY2019 | $8.2B | +3.5% |
| FY2018 | $7.9B | +0.3% |
| FY2017 | $7.9B | -9.1% |
| FY2016 | $8.7B | +1.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026