Stocks · Industrials · Industrial - Machinery
Illinois Tool Works Inc. ITW
$262.92 +0.80% Close, Oct 2, 2026 · NYSE · Market cap $75.64B
High qualityLow risk
Next earnings report: Oct 23, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +2.1%).
- Revenue over the last four quarters was $16.47B, up 4.3% from a year earlier.
- Diluted EPS over the last four quarters was $11.03, down 3.3% year over year.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth29Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 35%
- EPS growth (TTM, YoY)Bottom 37%
- FCF growth (TTM, YoY)Bottom 47%
- Revenue growth, 3-year CAGRBottom 29%
- Revenue growth accelerationTop 49%
Quality81Strong
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 3%
- Gross marginTop 19%
- Operating marginTop 4%
- Cash conversion (OCF / net income)Bottom 19%
- Accruals (lower is better)Bottom 20%
- Net debt / EBITDA (lower is better)Top 49%
- Interest coverTop 17%
Value56Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 26%
- Free-cash-flow yieldTop 42%
- EBITDA / enterprise valueBottom 46%
- Sales / enterprise valueBottom 18%
- P/E vs own 5-year history (lower is better)Top 32%
Momentum49Neutral
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 45%
- 6-month returnBottom 49%
- 1-year return vs S&P 500Bottom 45%
- Distance from 52-week highTop 23%
- Trend checklist (0–4)Bottom 40%
Revisions29Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 39%
- Consecutive EPS beatsTop 5%
- Share of analysts rating BuyBottom 8%
- Upside to consensus price targetBottom 13%
Stability95Exceptional
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 6%
- Maximum drawdown, 3 yearsTop 3%
- Beta vs S&P 500 (lower is better)Top 15%
- Net debt / EBITDA (lower is better)Top 49%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 2.9% | 4.3% | ↑ |
| EPS growth (YoY) | -5.3% | -3.3% | ↑ |
| Gross margin | 43.3% | 44.2% | ↑ |
| Operating margin | 26.0% | 26.5% | ↑ |
| FCF margin | 17.3% | 17.7% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 4.3% | 2.9% | ↑ | Bottom 35% |
| EPS growth (TTM, YoY) | -3.3% | -5.3% | ↑ | Bottom 37% |
| Gross margin | 44.2% | 43.3% | ↑ | Top 19% |
| Operating margin | 26.5% | 26.0% | ↑ | Top 4% |
| Net margin | 19.4% | 21.3% | ↓ | — |
| Free-cash-flow margin | 17.7% | 17.3% | ↑ | — |
| Return on invested capital | 24.7% | — | Top 3% | |
| Revenue growth, 3-year CAGR | 0.2% | — | Bottom 29% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.04×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -0.8%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +3.0 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.91×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 14.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.42%
- Net buyback yield (TTM)
- 2.39%
- Shareholder yield
- 4.81%
- Share count change, 1 year
- -2.0%
- Share count change, 3-year CAGR
- -1.9%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +2.1%
- Average 2-day reaction, last 8
- +0.2%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $280.71
- Target vs current price
- +6.8%
- Analysts with a rating
- 28
- Share rating Buy or Strong Buy
- 21%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 28, 2026 | +1.8% | +3.6% | +1.3% | -0.3% | — |
| Apr 30, 2026 | +3.5% | -2.9% | -1.9% | -6.0% | +7.2% |
| Feb 3, 2026 | +1.1% | +5.6% | +10.0% | +8.2% | +0.6% |
| Oct 24, 2025 | +2.2% | -4.5% | -5.4% | -6.3% | +1.0% |
| Jul 30, 2025 | +0.8% | -2.2% | -1.3% | +2.6% | -2.5% |
| Apr 30, 2025 | +1.7% | -0.8% | -0.8% | +0.9% | +8.3% |
| Feb 5, 2025 | +2.0% | -0.2% | +1.6% | +2.5% | -6.1% |
| Oct 30, 2024 | +55.2% | +3.2% | +4.1% | +8.0% | +1.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 28, 2026 | $2.84 | $2.79 | +1.8% | $4.30B |
| Apr 30, 2026 | $2.66 | $2.57 | +3.5% | $4.02B |
| Feb 3, 2026 | $2.72 | $2.69 | +1.1% | $4.09B |
| Oct 24, 2025 | $2.81 | $2.75 | +2.2% | $4.06B |
| Jul 30, 2025 | $2.58 | $2.56 | +0.8% | $4.05B |
| Apr 30, 2025 | $2.38 | $2.34 | +1.7% | $3.84B |
| Feb 5, 2025 | $2.54 | $2.49 | +2.0% | $3.93B |
| Oct 30, 2024 | $3.91 | $2.52 | +55.2% | $3.97B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 23.8× | 23.9× | 38th | Top 26% |
| P/E (forward) | 23.0× | — | — | — |
| EV / EBITDA | 18.2× | — | — | Bottom 46% |
| EV / Sales | 5.13× | — | — | Bottom 18% |
| Free-cash-flow yield | 3.86% | — | — | Top 42% |
| Earnings yield | 4.20% | — | — | Top 26% |
P/E over the past five years
Range 21.0× – 28.6× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +1.2%
- Earnings per share growth (TTM)
- -3.3%
- Change in P/E multiple
- +20.9%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -0.5%
- 200-day average slope (20 days)
- +0.7%
- Distance from 50-day average
- -5.7%
- Distance from 200-day average
- -2.1%
- RSI (14)
- 40.0
- Relative volume
- 0.82×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 22.3%
- Volatility vs own 5-year history
- 65th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.65
- Correlation with S&P 500
- 0.47
- Current drawdown from 1-year high
- -12.2%
- Maximum drawdown, 3 years
- -21.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 4, 2022 | Jul 14, 2022 | -28.9% | 131 days | 140 days (Feb 2, 2023) |
| Dec 2, 2024 | Apr 8, 2025 | -21.6% | 86 days | 206 days (Feb 3, 2026) |
| Feb 13, 2026 | Jun 1, 2026 | -17.9% | 73 days | Not yet recovered |
| Jul 31, 2023 | Oct 23, 2023 | -15.5% | 59 days | 44 days (Dec 26, 2023) |
| Mar 21, 2024 | Jul 5, 2024 | -13.8% | 72 days | 87 days (Nov 6, 2024) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $75.64B
- P/E (TTM)
- 23.8
- EPS, diluted (TTM)
- $11.03
- Revenue (TTM)
- $16.47B
- Dividend yield
- 2.49%
- 52-week range
- $238.82 – $303.15
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $14.46B | $15.93B | $16.11B | $15.90B | $16.04B |
| Gross profit | $5.83B | $6.37B | $6.68B | $6.94B | $7.08B |
| Operating income | $3.48B | $3.79B | $4.04B | $4.26B | $4.22B |
| Net income | $2.69B | $3.03B | $2.96B | $3.49B | $3.07B |
| EPS (diluted) | $8.51 | $9.77 | $9.74 | $11.71 | $10.49 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.97B | $3.93B | $3.84B | $4.05B | $4.06B | $4.09B | $4.02B | $4.30B |
| Net income | $1.16B | $750.0M | $700.0M | $755.0M | $821.0M | $790.0M | $768.0M | $815.0M |
| EPS (diluted) | $3.91 | $2.54 | $2.38 | $2.58 | $2.81 | $2.72 | $2.66 | $2.84 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $2.56B | $2.35B | $3.54B | $3.28B | $3.13B |
| Capital expenditure | -$296.0M | -$412.0M | -$455.0M | -$437.0M | -$419.0M |
| Free cash flow | $2.26B | $1.94B | $3.08B | $2.84B | $2.71B |
| Dividends paid | -$1.46B | -$1.54B | -$1.61B | -$1.70B | -$1.78B |
| Net share buybacks | -$950.0M | -$1.72B | -$1.45B | -$1.45B | -$1.44B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $839.0M
- Total assets
- $16.50B
- Total liabilities
- $13.60B
- Total debt
- $9.69B
- Net debt
- $8.86B
- Shareholders’ equity
- $2.89B
As of Jun 30, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 30, 2026 | $1.72 | Oct 9, 2026 |
| Jun 30, 2026 | $1.61 | Jul 10, 2026 |
| Mar 31, 2026 | $1.61 | Apr 9, 2026 |
| Dec 31, 2025 | $1.61 | Jan 9, 2026 |
| Sep 30, 2025 | $1.61 | Oct 10, 2025 |
| Jun 30, 2025 | $1.50 | Jul 11, 2025 |
| Mar 31, 2025 | $1.50 | Apr 10, 2025 |
| Dec 31, 2024 | $1.50 | Jan 10, 2025 |
Short interest
- Shares sold short
- 8,757,539
- Days to cover
- 7.18
- Change vs previous report
- -0.0%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- May 26, 2006
- 2-for-1
- May 28, 1997
- 2-for-1
- Jun 21, 1993
- 2-for-1
- May 27, 1987
- 2-for-1
- May 23, 1984
- 2-for-1