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ILLINOIS TOOL WORKS INC Gross Profit 2007-2025 | ITW

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What is gross profit?

Gross profit can be defined as revenue minus the cost of goods sold, representing the profit a company makes before deducting operating expenses.

What is ILLINOIS TOOL WORKS INC's current gross profit?

ILLINOIS TOOL WORKS INC (ITW) annual gross profit for 2025 was $7.08B, a 0.50% increase from 2024. ILLINOIS TOOL WORKS INC gross profit for the quarter ending December 31, 2025 was $1.81B.

What was ILLINOIS TOOL WORKS INC's gross profit in 2024?

ILLINOIS TOOL WORKS INC annual gross profit for 2024 was $7.04B, a 3.67% increase from 2023.

What was ILLINOIS TOOL WORKS INC's gross profit in 2023?

ILLINOIS TOOL WORKS INC annual gross profit for 2023 was $6.79B, a 4.43% increase from 2022.

What is ILLINOIS TOOL WORKS INC's 5-year gross profit CAGR?

ILLINOIS TOOL WORKS INC gross profit grew at a compound annual growth rate (CAGR) of 6.36% from FY2020 to FY2025, going from $5.20B to $7.08B over 5 years.

Gross Profit History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGR+6.4%
FY2020
$5.20B
→
FY2025
$7.08B
07080910111213141516171819202122232425
5 years selected
Gross Profit History
PeriodValueChangeSource
FY2025$7.08B+0.5%10-K
FY2024$7.04B+3.7%10-K
FY2023$6.79B+4.4%10-K
FY2022$6.50B+9.0%10-K
FY2021$5.97B+14.8%10-K
FY2020$5.20B-12.2%10-K
FY2019$5.92B-3.9%10-K
FY2018$6.16B+2.6%10-K
FY2017$6.01B+5.6%10-K
FY2016$5.69B+3.2%10-K
FY2015$5.52B-5.1%10-K
FY2014$5.81B+4.1%10-K
FY2013$5.58B-1.3%10-K
FY2012$5.66B+4.3%10-K
FY2011$5.43B+0.1%10-K
FY2010$5.42B+17.3%10-K
FY2009$4.62B-21.9%10-K
FY2008$5.91B+4.1%10-K
FY2007$5.68B-10-K
Company: ILLINOIS TOOL WORKS INCTicker: ITWSector: IndustrialIndustry: General Industrial Machinery & EquipmentView company profile →