Illinois Tool Works annual ebitda margin
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2025
Illinois Tool Works EBITDA Margin Growth & History (ITW)
Illinois Tool Works's ebitda margin was 28.25% for fiscal 2025.
View full Illinois Tool Works company overviewIllinois Tool Works annual ebitda margin history
| Fiscal year | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 28.25% | −0.46 pp |
| 2024 | 2024-12-31 | 28.71% | +1.88 pp |
| 2023 | 2023-12-31 | 26.83% | +1.31 pp |
| 2022 | 2022-12-31 | 25.52% | −0.45 pp |
| 2021 | 2021-12-31 | 25.97% | +0.88 pp |
| 2020 | 2020-12-31 | 25.09% | −0.91 pp |
| 2019 | 2019-12-31 | 26.00% | −0.11 pp |
| 2018 | 2018-12-31 | 26.11% | −0.02 pp |
| 2017 | 2017-12-31 | 26.14% | +1.85 pp |
| 2016 | 2016-12-31 | 24.28% | −0.65 pp |
| 2015 | 2015-12-31 | 24.93% | +1.51 pp |
| 2014 | 2014-12-31 | 23.42% | +1.75 pp |
| 2013 | 2013-12-31 | 21.67% | +1.05 pp |
| 2012 | 2012-12-31 | 20.62% | +0.53 pp |
| 2011 | 2011-12-31 | 20.09% | +1.95 pp |
| 2010 | 2010-12-31 | 18.14% | +3.72 pp |
| 2009 | 2009-12-31 | 14.42% | −3.44 pp |
| 2008 | 2008-12-31 | 17.86% | −1.62 pp |
| 2007 | 2007-12-31 | 19.47% | — |
Illinois Tool Works quarterly ebitda margin
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Q2.26
| Fiscal quarter | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 28.57% | +0.30 pp |
| Q1 2026 | 2026-03-31 | 27.42% | +0.72 pp |
| Q4 2025 | 2025-12-31 | 28.54% | +0.36 pp |
| Q3 2025 | 2025-09-30 | 29.42% | +0.92 pp |
| Q2 2025 | 2025-06-30 | 28.28% | +0.26 pp |
| Q1 2025 | 2025-03-31 | 26.70% | −3.48 pp |
| Q4 2024 | 2024-12-31 | 28.18% | +1.52 pp |
| Q3 2024 | 2024-09-30 | 28.49% | +0.21 pp |
| Q2 2024 | 2024-06-30 | 28.01% | +1.50 pp |
| Q1 2024 | 2024-03-31 | 30.18% | +4.30 pp |
| Q4 2023 | 2023-12-31 | 26.66% | +0.15 pp |
| Q3 2023 | 2023-09-30 | 28.28% | +2.05 pp |
| Q2 2023 | 2023-06-30 | 26.51% | +1.70 pp |
| Q1 2023 | 2023-03-31 | 25.88% | +1.35 pp |
| Q4 2022 | 2022-12-31 | 26.52% | +1.92 pp |
| Q3 2022 | 2022-09-30 | 26.23% | +0.50 pp |
| Q2 2022 | 2022-06-30 | 24.81% | −1.39 pp |
| Q1 2022 | 2022-03-31 | 24.52% | −2.87 pp |
| Q4 2021 | 2021-12-31 | 24.60% | −2.83 pp |
| Q3 2021 | 2021-09-30 | 25.73% | −0.24 pp |
| Q2 2021 | 2021-06-30 | 26.20% | +6.15 pp |
| Q1 2021 | 2021-03-31 | 27.40% | +1.72 pp |
| Q4 2020 | 2020-12-31 | 27.42% | +1.71 pp |
| Q3 2020 | 2020-09-30 | 25.98% | −0.87 pp |
| Q2 2020 | 2020-06-30 | 20.05% | −5.92 pp |
| Q1 2020 | 2020-03-31 | 25.68% | +0.17 pp |
| Q4 2019 | 2019-12-31 | 25.71% | −0.24 pp |
| Q3 2019 | 2019-09-30 | 26.85% | +0.36 pp |
| Q2 2019 | 2019-06-30 | 25.96% | −0.14 pp |
| Q1 2019 | 2019-03-31 | 25.51% | −0.40 pp |
| Q4 2018 | 2018-12-31 | 25.95% | +0.76 pp |
| Q3 2018 | 2018-09-30 | 26.49% | −1.87 pp |
| Q2 2018 | 2018-06-30 | 26.10% | +0.15 pp |
| Q1 2018 | 2018-03-31 | 25.91% | +0.90 pp |
| Q4 2017 | 2017-12-31 | 25.19% | +1.71 pp |
| Q3 2017 | 2017-09-30 | 28.35% | +3.40 pp |
| Q2 2017 | 2017-06-30 | 25.95% | +1.12 pp |
| Q1 2017 | 2017-03-31 | 25.01% | +1.18 pp |
| Q4 2016 | 2016-12-31 | 23.48% | −0.95 pp |
| Q3 2016 | 2016-09-30 | 24.95% | −1.26 pp |
| Q2 2016 | 2016-06-30 | 24.83% | +0.14 pp |
| Q1 2016 | 2016-03-31 | 23.82% | −0.56 pp |
| Q4 2015 | 2015-12-31 | 24.43% | +1.43 pp |
| Q3 2015 | 2015-09-30 | 26.21% | +1.91 pp |
| Q2 2015 | 2015-06-30 | 24.69% | +0.71 pp |
| Q1 2015 | 2015-03-31 | 24.39% | +2.06 pp |
| Q4 2014 | 2014-12-31 | 23.00% | +1.56 pp |
| Q3 2014 | 2014-09-30 | 24.30% | +1.40 pp |
| Q2 2014 | 2014-06-30 | 23.98% | +2.58 pp |
| Q1 2014 | 2014-03-31 | 22.33% | +1.42 pp |
| Q4 2013 | 2013-12-31 | 21.44% | −0.28 pp |
| Q3 2013 | 2013-09-30 | 22.90% | +1.23 pp |
| Q2 2013 | 2013-06-30 | 21.40% | +0.99 pp |
| Q1 2013 | 2013-03-31 | 20.91% | +1.54 pp |
| Q4 2012 | 2012-12-31 | 21.73% | −15.77 pp |
| Q3 2012 | 2012-09-30 | 21.67% | +2.72 pp |
| Q2 2012 | 2012-06-30 | 20.41% | +1.82 pp |
| Q1 2012 | 2012-03-31 | 19.37% | +0.71 pp |
| Q4 2011 | 2011-12-31 | 37.50% | +21.67 pp |
| Q3 2011 | 2011-09-30 | 18.95% | −0.18 pp |
| Q2 2011 | 2011-06-30 | 18.59% | −0.78 pp |
| Q1 2011 | 2011-03-31 | 18.66% | +0.52 pp |
| Q4 2010 | 2010-12-31 | 15.83% | −2.20 pp |
| Q3 2010 | 2010-09-30 | 19.13% | +1.73 pp |
| Q2 2010 | 2010-06-30 | 19.38% | +5.00 pp |
| Q1 2010 | 2010-03-31 | 18.14% | +11.04 pp |
| Q4 2009 | 2009-12-31 | 18.03% | — |
| Q3 2009 | 2009-09-30 | 17.40% | −0.89 pp |
| Q2 2009 | 2009-06-30 | 14.38% | — |
| Q1 2009 | 2009-03-31 | 7.10% | — |
| Q3 2008 | 2008-09-30 | 18.28% | — |
Illinois Tool Works ebitda margin trends
Over the last five fiscal years, Illinois Tool Works's ebitda margin increased from 25.09% to 28.25%, a change of +3.16 percentage points. The latest reported quarter, Q2 2026, shows 28.57%.
About the metric
What EBITDA margin means
EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.
Calculation and source
How EBITDA margin is calculated
TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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