EBITDA for Illinois Tool Works (ITW)
According to Illinois Tool Works's latest reported financial statements, the company's current EBITDA (TTM) is $4.65B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$4.65B
YoY change
-8.9%
5Y CAGR
+6.9%
Peak year (2024)
$5.11B
Cumulative EBITDA
$96.02B
EBITDA history chart for Illinois Tool Works (ITW) from 1985 to 2025
EBITDA history table for Illinois Tool Works (ITW) from 1985 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $4.65B | -8.9% | ||
| 2024 | $5.11B | +13.9% | ||
| 2023 | $4.48B | +0.7% | ||
| 2022 | $4.46B | +13.1% | ||
| 2021 | $3.94B | +18.0% | ||
| 2020 | $3.34B | -15.2% | ||
| 2019 | $3.94B | -4.3% | ||
| 2018 | $4.11B | +3.0% | ||
| 2017 | $3.99B | +10.4% | ||
| 2016 | $3.62B | +5.7% | ||
| 2015 | $3.42B | -1.0% | ||
| 2014 | $3.45B | +11.2% | ||
| 2013 | $3.11B | -29.9% | ||
| 2012 | $4.43B | +31.2% | ||
| 2011 | $3.37B | +20.6% | ||
| 2010 | $2.80B | +43.7% | ||
| 2009 | $1.95B | -32.4% | ||
| 2008 | $2.88B | -10.1% | ||
| 2007 | $3.20B | +8.3% | ||
| 2006 | $2.96B | +12.1% | ||
| 2005 | $2.64B | +9.9% | ||
| 2004 | $2.40B | +23.7% | ||
| 2003 | $1.94B | +7.1% | ||
| 2002 | $1.81B | +7.0% | ||
| 2001 | $1.69B | -14.4% | ||
| 2000 | $1.98B | +8.0% | ||
| 1999 | $1.83B | +14.0% | ||
| 1998 | $1.61B | +17.7% | ||
| 1997 | $1.36B | +39.3% | ||
| 1996 | $978.80M | +22.7% | ||
| 1995 | $797.90M | +27.9% | ||
| 1994 | $623.90M | +22.3% | ||
| 1993 | $510.20M | +4.6% | ||
| 1992 | $487.70M | +11.3% | ||
| 1991 | $438.30M | -1.9% | ||
| 1990 | $446.80M | +15.2% | ||
| 1989 | $387.80M | +11.5% | ||
| 1988 | $347.80M | +16.9% | ||
| 1987 | $297.50M | +96.8% | ||
| 1986 | $151.20M | +38.3% | ||
| 1985 | $109.30M | — |
EBITDA values are taken from Illinois Tool Works's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Illinois Tool Works (ITW) EBITDA totalled $4.65B – declined 8.9% year-over-year.
Illinois Tool Works EBITDA compound annual growth for the 2020–2025 (5 years) window is +6.9%, with the latest reading among the more recent periods of the dataset.
Illinois Tool Works EBITDA peaked at $5.11B in 2024; the latest annual figure is $4.65B in 2025 (8.9% below peak).
2024 marks the peak EBITDA at $5.11B, with the historical low of $109.30M recorded in 1985.
Illinois Tool Works (ITW) sits 9th of 8 Industrials peers we track on this metric, against a peer median of $11.86B.
Illinois Tool Works EBITDA by Year
Illinois Tool Works EBITDA 2025: $4.65B
Illinois Tool Works EBITDA in 2025 was $4.65B, declined 8.9% below 2024.
Illinois Tool Works EBITDA 2024: $5.11B
Illinois Tool Works EBITDA in 2024 was $5.11B, grew 13.9% from 2023. This figure represents the highest annual value in the available history.
Illinois Tool Works EBITDA 2023: $4.48B
Illinois Tool Works EBITDA in 2023 was $4.48B, edged up 0.7% from 2022.
Illinois Tool Works EBITDA 2022: $4.46B
Illinois Tool Works EBITDA in 2022 was $4.46B, grew 13.1% from 2021.
Illinois Tool Works EBITDA 2021: $3.94B
Illinois Tool Works EBITDA in 2021 was $3.94B.
See more financial history for Illinois Tool Works (ITW).
Sector peers — EBITDA
Companies in the same sector as Illinois Tool Works, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $14.86B | Industrials |
| Union Pacific Corporation (UNP) | $12.95B | Industrials |
| RTX Corporation (RTX) | $12.89B | Industrials |
| GE Aerospace (GE) | $12.06B | Industrials |
| Deere & Company (DE) | $11.66B | Industrials |
| Honeywell International Inc. (HON) | $8.21B | Industrials |
| The Boeing Company (BA) | $7.36B | Industrials |
| Eaton Corporation plc (ETN) | $5.95B | Industrials |
Frequently asked questions
What is Illinois Tool Works's EBITDA?
- Latest reported EBITDA for Illinois Tool Works (ITW) is $4.65B (period ending December 31, 2025).
How has Illinois Tool Works EBITDA changed year-over-year?
- Illinois Tool Works (ITW) EBITDA changed -8.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Illinois Tool Works EBITDA?
- Illinois Tool Works (ITW) EBITDA compound annual growth rate is +6.9% over the most recent 5 years available.
When did Illinois Tool Works EBITDA hit its highest annual value?
- Illinois Tool Works EBITDA reached its highest annual value of $5.11B in 2024.
What was Illinois Tool Works EBITDA in 2024?
- Illinois Tool Works (ITW) EBITDA in 2024 was $5.11B.
What was Illinois Tool Works EBITDA in 2025?
- Illinois Tool Works (ITW) EBITDA in 2025 was $4.65B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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