Company / Operating Income
Illinois Tool Works Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$4.2B
FY2025
5-year range
$2.9B / $4.3B
FY2021-FY2025
Trend
-1.1%
vs FY2024
Sector context
#18 of 328
Industrials
What the data says
Among 328 Industrials companies, Illinois Tool Works is in the top 5% for operating income. Operating Income has fluctuated over the past 10 years, ranging from $2.9B in FY2017 to $4.3B in FY2024.
Based on SEC 10-K filings.
$4.2B in FY2025 with a 5-year CAGR of +3.3%. Top quartile in the Industrials sector.
Improved from $4.0B to $4.2B over the past 2 years.
Industrials sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- +13.5%
- 5-Year CAGR
- +3.3%
- 10-Year CAGR
- -
Sector benchmark
Top 5% in IndustrialsTop 5% of 328This company $4.2B Sector average $718.3M
▼
+487.0% above sector average
Key checks
Key Insights
- 5-year CAGR of +3.3%, indicating consistent growth.
- In FY2025, operating income decreased 1.1% year-over-year.
- Ranks #18 out of 328 companies in the Industrials sector.
- Peak operating 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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $4.2B | -1.1% |
| FY2024 | $4.3B | +5.5% |
| FY2023 | $4.0B | +40.2% |
| FY2022 | $2.9B | -15.3% |
| FY2021 | $3.4B | -5.1% |
| FY2020 | $3.6B | +5.3% |
| FY2019 | $3.4B | +11.3% |
| FY2018 | $3.1B | +6.6% |
| FY2017 | $2.9B | -0.7% |
| FY2016 | $2.9B | +14.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026