Company / Net Income
Illinois Tool Works Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$3.1B
FY2025
5-year range
$2.1B / $3.5B
FY2021-FY2025
Trend
-12.1%
vs FY2024
Sector context
#19 of 360
Industrials
What the data says
Among 360 Industrials companies, Illinois Tool Works is in the top 5% for net income. Net Income has fluctuated over the past 10 years, ranging from $1.9B in FY2017 to $3.5B in FY2024.
Based on SEC 10-K filings.
$3.1B in FY2025 with a 5-year CAGR of +3.6%. Top quartile in the Industrials sector.
Improved from $3.0B to $3.1B over the past 2 years.
Industrials sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- +13.3%
- 5-Year CAGR
- +3.6%
- 10-Year CAGR
- -
Sector benchmark
Top 5% in IndustrialsTop 5% of 360This company $3.1B Sector average $540.0M
▼
+467.8% above sector average
Key checks
Key Insights
- 5-year CAGR of +3.6%, indicating consistent growth.
- In FY2025, net income decreased 12.1% year-over-year.
- Ranks #19 out of 360 companies in the Industrials sector.
- Peak net income was recorded in FY2024.
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 | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $3.1B | -12.1% |
| FY2024 | $3.5B | +18.0% |
| FY2023 | $3.0B | +40.2% |
| FY2022 | $2.1B | -16.3% |
| FY2021 | $2.5B | -1.6% |
| FY2020 | $2.6B | +1.7% |
| FY2019 | $2.5B | +23.9% |
| FY2018 | $2.0B | +7.2% |
| FY2017 | $1.9B | -35.5% |
| FY2016 | $2.9B | +75.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026