ILLINOIS TOOL WORKS INC Net Income 2007-2025 | ITW
What is net income?
Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.
What is ILLINOIS TOOL WORKS INC's current net income?
ILLINOIS TOOL WORKS INC (ITW) annual net income for 2025 was $3.07B, a 12.10% decline from 2024. ILLINOIS TOOL WORKS INC net income for the quarter ending December 31, 2025 was $790.0M.
What was ILLINOIS TOOL WORKS INC's net income in 2024?
ILLINOIS TOOL WORKS INC annual net income for 2024 was $3.49B, a 17.96% increase from 2023.
What was ILLINOIS TOOL WORKS INC's net income in 2023?
ILLINOIS TOOL WORKS INC annual net income for 2023 was $2.96B, a 2.54% decline from 2022.
What is ILLINOIS TOOL WORKS INC's 5-year net income CAGR?
ILLINOIS TOOL WORKS INC net income grew at a compound annual growth rate (CAGR) of 7.77% from FY2020 to FY2025, going from $2.11B to $3.07B over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $3.07B | -12.1% | 10-K |
| FY2024 | $3.49B | +18.0% | 10-K |
| FY2023 | $2.96B | -2.5% | 10-K |
| FY2022 | $3.03B | +12.6% | 10-K |
| FY2021 | $2.69B | +27.7% | 10-K |
| FY2020 | $2.11B | -16.3% | 10-K |
| FY2019 | $2.52B | -1.6% | 10-K |
| FY2018 | $2.56B | +51.9% | 10-K |
| FY2017 | $1.69B | -17.1% | 10-K |
| FY2016 | $2.04B | +7.2% | 10-K |
| FY2015 | $1.90B | -35.5% | 10-K |
| FY2014 | $2.95B | +75.5% | 10-K |
| FY2013 | $1.68B | -41.5% | 10-K |
| FY2012 | $2.87B | +38.6% | 10-K |
| FY2011 | $2.07B | +37.8% | 10-K |
| FY2010 | $1.50B | +54.5% | 10-K |
| FY2009 | $972.7M | -36.0% | 10-K |
| FY2008 | $1.52B | -18.8% | 10-K |
| FY2007 | $1.87B | - | 10-K |