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Illinois Tool Works Inc. (ITW)

276.07 +0.14 (+0.05%)
At close: October 28 at 4:00:02 PM EDT
276.07 0.00 (0.00%)
After hours: October 28 at 5:05:00 PM EDT
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ITW Q3 2026 earnings call
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17m ago
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Illinois Tool Works delivered a mixed but margin-focused third quarter. Earnings per share beat estimates, while revenue and organic growth fell slightly short. Management raised full-year revenue and EPS guidance, supported by electronics demand, efficiency gains, and strong cash generation.

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  • Previous Close 275.93
  • Open 276.75
  • Bid --
  • Ask --
  • Day's Range 272.78 - 278.37
  • 52 Week Range 238.82 - 303.16
  • Volume 1,510,032
  • Avg. Volume 1,264,224
  • Market Cap (intraday) 78.625B
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) 24.63
  • EPS (TTM) 11.21
  • Earnings Date Oct 27, 2026
  • Forward Dividend & Yield 6.88 (2.49%)
  • 1y Target Est 294.50
  • Morningstar Rating Rating available with Stock Picks access

Illinois Tool Works Inc. provides industrial products and equipment in North America, Europe, the Middle East, Africa, the Asia Pacific, and South America. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, cooking, refrigeration, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produce and sells test and measurement; and electronic manufacturing and maintenance, repair, and operations solutions. The Welding segment produces arc welding equipment, and metal arc welding consumables and related accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment provides beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. The company serves automotive OEM and aftermarket, commercial food equipment, construction, general industrial, industrial capital goods, consumer durables, and other markets, as well as MRO markets. It distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.

www.itw.com

43,000

Full Time Employees

December 31

Fiscal Year Ends

Industrials

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/28/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

ITW
14.21%
S&P 500 (^GSPC)
13.13%

1-Year Return

ITW
15.15%
S&P 500 (^GSPC)
12.38%

3-Year Return

ITW
32.85%
S&P 500 (^GSPC)
88.08%

5-Year Return

ITW
37.22%
S&P 500 (^GSPC)
68.48%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 4.24B
Earnings 855M
Profit Margin 20.18%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
1B
2B
3B
4B
19.0%
19.2%
19.4%
19.6%
19.8%
20.0%

Analyst Insights

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Analyst Price Targets

253.00 Low
294.50 Average
276.07 Current
326.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/28/2026
Analyst Citigroup
Rating Action Maintains
Rating Neutral
Price Action Lowers
Price Target 317 -> 310

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    19.39%

  • Return on Assets (ttm)

    17.13%

  • Return on Equity (ttm)

    101.65%

  • Revenue (ttm)

    16.65B

  • Net Income Avi to Common (ttm)

    3.23B

  • Diluted EPS (ttm)

    11.21

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    809M

  • Total Debt/Equity (mrq)

    298.28%

  • Levered Free Cash Flow (ttm)

    --

Company Insights

Research Reports

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