Illinois Tool Works annual gross profit
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Illinois Tool Works Gross Profit Growth & History (ITW)
Illinois Tool Works's gross profit was $8.49B for fiscal 2025.
View full Illinois Tool Works company overviewIllinois Tool Works annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $8.49B | $194.0M | +2.34% |
| 2024 | 2024-12-31 | $8.29B | $131.0M | +1.60% |
| 2023 | 2023-12-31 | $8.16B | $367.0M | +4.71% |
| 2022 | 2022-12-31 | $7.80B | $1.83B | +30.67% |
| 2021 | 2021-12-31 | $5.97B | $767.0M | +14.75% |
| 2020 | 2020-12-31 | $5.20B | −$723.0M | −12.21% |
| 2019 | 2019-12-31 | $5.92B | −$242.0M | −3.93% |
| 2018 | 2018-12-31 | $6.16B | $156.0M | +2.60% |
| 2017 | 2017-12-31 | $6.01B | $317.0M | +5.57% |
| 2016 | 2016-12-31 | $5.69B | $174.0M | +3.15% |
| 2015 | 2015-12-31 | $5.52B | −$294.0M | −5.06% |
| 2014 | 2014-12-31 | $5.81B | $230.0M | +4.12% |
| 2013 | 2013-12-31 | $5.58B | −$76.0M | −1.34% |
| 2012 | 2012-12-31 | $5.66B | $231.0M | +4.26% |
| 2011 | 2011-12-31 | $5.43B | $7.0M | +0.13% |
| 2010 | 2010-12-31 | $5.42B | $799.4M | +17.30% |
| 2009 | 2009-12-31 | $4.62B | −$1.29B | −21.88% |
| 2008 | 2008-12-31 | $5.91B | $234.2M | +4.12% |
| 2007 | 2007-12-31 | $5.68B | — | — |
Illinois Tool Works quarterly gross profit
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Q2.26
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.27B | $129.0M | +6.03% |
| Q1 2026 | 2026-03-31 | $2.13B | $111.0M | +5.50% |
| Q4 2025 | 2025-12-31 | $2.17B | $122.0M | +5.96% |
| Q3 2025 | 2025-09-30 | $2.16B | $79.0M | +3.79% |
| Q2 2025 | 2025-06-30 | $2.14B | $31.0M | +1.47% |
| Q1 2025 | 2025-03-31 | $2.02B | −$38.0M | −1.85% |
| Q4 2024 | 2024-12-31 | $2.05B | −$995.0M | −32.70% |
| Q3 2024 | 2024-09-30 | $2.08B | $370.0M | +21.61% |
| Q2 2024 | 2024-06-30 | $2.11B | $378.0M | +21.85% |
| Q1 2024 | 2024-03-31 | $2.06B | $378.0M | +22.53% |
| Q4 2023 | 2023-12-31 | $3.04B | $88.0M | +2.98% |
| Q3 2023 | 2023-09-30 | $1.71B | $72.0M | +4.39% |
| Q2 2023 | 2023-06-30 | $1.73B | $111.0M | +6.86% |
| Q1 2023 | 2023-03-31 | $1.68B | $96.0M | +6.07% |
| Q4 2022 | 2022-12-31 | $2.96B | $1.47B | +98.59% |
| Q3 2022 | 2022-09-30 | $1.64B | $180.0M | +12.33% |
| Q2 2022 | 2022-06-30 | $1.62B | $106.0M | +7.01% |
| Q1 2022 | 2022-03-31 | $1.58B | $77.0M | +5.12% |
| Q4 2021 | 2021-12-31 | $1.49B | $13.0M | +0.88% |
| Q3 2021 | 2021-09-30 | $1.46B | $63.0M | +4.51% |
| Q2 2021 | 2021-06-30 | $1.51B | $543.0M | +55.98% |
| Q1 2021 | 2021-03-31 | $1.50B | $148.0M | +10.91% |
| Q4 2020 | 2020-12-31 | $1.48B | $28.0M | +1.94% |
| Q3 2020 | 2020-09-30 | $1.40B | −$75.0M | −5.10% |
| Q2 2020 | 2020-06-30 | $970.0M | −$540.0M | −35.76% |
| Q1 2020 | 2020-03-31 | $1.36B | −$136.0M | −9.11% |
| Q4 2019 | 2019-12-31 | $1.45B | −$37.0M | −2.49% |
| Q3 2019 | 2019-09-30 | $1.47B | −$45.0M | −2.97% |
| Q2 2019 | 2019-06-30 | $1.51B | −$90.0M | −5.63% |
| Q1 2019 | 2019-03-31 | $1.49B | −$70.0M | −4.48% |
| Q4 2018 | 2018-12-31 | $1.48B | −$21.0M | −1.40% |
| Q3 2018 | 2018-09-30 | $1.52B | −$6.0M | −0.39% |
| Q2 2018 | 2018-06-30 | $1.60B | $88.0M | +5.82% |
| Q1 2018 | 2018-03-31 | $1.56B | $95.0M | +6.47% |
| Q4 2017 | 2017-12-31 | $1.50B | $112.0M | +8.04% |
| Q3 2017 | 2017-09-30 | $1.52B | $55.0M | +3.75% |
| Q2 2017 | 2017-06-30 | $1.51B | $48.0M | +3.28% |
| Q1 2017 | 2017-03-31 | $1.47B | $90.0M | +6.53% |
| Q4 2016 | 2016-12-31 | $1.39B | $59.0M | +4.42% |
| Q3 2016 | 2016-09-30 | $1.47B | $67.0M | +4.78% |
| Q2 2016 | 2016-06-30 | $1.46B | $54.0M | +3.83% |
| Q1 2016 | 2016-03-31 | $1.38B | $6.0M | +0.44% |
| Q4 2015 | 2015-12-31 | $1.33B | −$56.0M | −4.03% |
| Q3 2015 | 2015-09-30 | $1.40B | −$109.0M | −7.22% |
| Q2 2015 | 2015-06-30 | $1.41B | −$90.0M | −6.00% |
| Q1 2015 | 2015-03-31 | $1.37B | −$39.0M | −2.76% |
| Q4 2014 | 2014-12-31 | $1.39B | $9.0M | +0.65% |
| Q3 2014 | 2014-09-30 | $1.51B | $90.0M | +6.34% |
| Q2 2014 | 2014-06-30 | $1.50B | $62.0M | +4.31% |
| Q1 2014 | 2014-03-31 | $1.41B | $69.0M | +5.14% |
| Q4 2013 | 2013-12-31 | $1.38B | $412.0M | +42.52% |
| Q3 2013 | 2013-09-30 | $1.42B | −$24.0M | −1.66% |
| Q2 2013 | 2013-06-30 | $1.44B | −$211.0M | −12.80% |
| Q1 2013 | 2013-03-31 | $1.34B | −$253.0M | −15.86% |
| Q4 2012 | 2012-12-31 | $969.0M | $290.0M | +42.71% |
| Q3 2012 | 2012-09-30 | $1.44B | −$174.0M | −10.75% |
| Q2 2012 | 2012-06-30 | $1.65B | $30.0M | +1.85% |
| Q1 2012 | 2012-03-31 | $1.59B | $85.0M | +5.63% |
| Q4 2011 | 2011-12-31 | $679.0M | −$585.1M | −46.29% |
| Q3 2011 | 2011-09-30 | $1.62B | $225.3M | +16.18% |
| Q2 2011 | 2011-06-30 | $1.62B | $205.2M | +14.51% |
| Q1 2011 | 2011-03-31 | $1.51B | $161.6M | +11.98% |
| Q4 2010 | 2010-12-31 | $1.26B | $47.9M | +3.94% |
| Q3 2010 | 2010-09-30 | $1.39B | $127.5M | +10.08% |
| Q2 2010 | 2010-06-30 | $1.41B | $269.2M | +23.52% |
| Q1 2010 | 2010-03-31 | $1.35B | $354.8M | +35.71% |
| Q4 2009 | 2009-12-31 | $1.22B | — | — |
| Q3 2009 | 2009-09-30 | $1.27B | −$262.8M | −17.20% |
| Q2 2009 | 2009-06-30 | $1.14B | −$469.8M | −29.10% |
| Q1 2009 | 2009-03-31 | $993.6M | — | — |
| Q3 2008 | 2008-09-30 | $1.53B | — | — |
| Q2 2008 | 2008-06-30 | $1.61B | — | — |
Illinois Tool Works gross profit trends
Over the last five fiscal years, Illinois Tool Works's gross profit increased from $5.20B to $8.49B, a change of $3.29B. The latest reported quarter, Q2 2026, shows $2.27B.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Illinois Tool Works source filings ↗