ITW
ILLINOIS TOOL WORKS INC
NYSE · Industrials · Industrial - Machinery · US
$270.17
−0.77%Research · Sep 23, 2026
[ITW] Illinois Tool Works: Q3 2026 Earnings Preview as Welding Orders Outrun Revenue
ITW's Q2 2026 revenue rose 6.1% to $4.30 billion with 4.5% organic growth and a record 26.7% margin; Q3 must show welding and electronics orders still converting while the price/cost lag narrows.
Research · Sep 3, 2026
[ITW] Illinois Tool Works Thesis 2026: Margin Excellence Continues Through Decentralized Model
Illinois Tool Works FY25 (Dec 31, 2025) at $16.04B revenue (+1%). NI $3.07B; EPS $10.49. Q4 segment margin 27.7% (+120bp incl 140bp enterprise initiatives). Auto OEM margin 21.1% (+150bp). FY26 guide revenue +2-4% / organic +1-3% / GAAP EPS $11-$11.20 / op margin +100bp to 26.5-27.5% / $1.5B buyback.