ITW
Illinois Tool Works Inc.250.66
-8.00-3.09%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
73.07BP/E (TTM)
24.34Basic EPS (TTM)
10.30Dividend Yield
0.02%Recent Filings
10-Q
8-K
10-Q
Q2 FY2025 results
Illinois Tool Works posted steady Q2 revenue of $4.1B, up 0.7% y/y but flat q/q, with operating income climbing 1.2% y/y to $1.1B at a 26.3% margin—benefits from enterprise initiatives offset softer demand in construction and polymers. YTD revenue dipped 1.3% y/y to $7.9B, while operating income fell 7.4% y/y to $2.0B (margin 25.6%), pressured by unfavorable leverage and higher employee costs, yet EPS held at $4.95 (down 6.1% y/y, reconciled to 293.7M diluted shares with minor anti-dilution from 0.4M options). Free cash flow strengthened to $945M y/y from operations minus capex, bolstering $788M cash against $8.9B total debt (including 3.25% Euro notes due 2028); two small Test & Measurement acquisitions closed in 2024 for $116M total added negligible revenue. Acquisitions integrate smoothly. Tariffs loom as a demand wildcard.
8-K
ITW lifts EPS guidance
Illinois Tool Works reported Q2 2025 revenue of $4.1 billion, up 1% with flat organic growth, while operating margin hit a record 26.3% thanks to 130 basis points from enterprise initiatives. GAAP EPS rose 2% to $2.58, a Q2 high. The company raised full-year 2025 GAAP EPS guidance to $10.35-$10.55, projecting 1-3% revenue growth and free cash flow over 100% of net income. Records keep falling.
8-K
ITW annual meeting results
Illinois Tool Works Inc. held its annual stockholder meeting on May 2, 2025, electing all twelve director nominees with strong support, averaging over 93% votes in favor. Shareholders approved executive compensation on an advisory basis and ratified Deloitte & Touche LLP as auditors for 2025, but rejected a proposal for ratifying executive termination pay by a wide margin. All directors re-elected. This signals robust governance alignment.
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