Ticker League

EBITDA Margin for Illinois Tool Works (ITW)

As of · Reported

Metric

TTM

28.6%

YoY change

−3.14pp

Trough year (2009)

14.0%

Peak year (2024)

32.1%

EBITDA Margin history chart for Illinois Tool Works (ITW) from 1985 to 2025

Latest: 29.0%

EBITDA Margin change chart for Illinois Tool Works (ITW) from 1985 to 2025

Latest: −3.14pp

EBITDA Margin history table for Illinois Tool Works (ITW) from 1985 to 2025

  • 202529.0%-3.14pp
  • 202432.1%+4.28pp
  • 202327.8%-0.12pp
  • 202228.0%+0.72pp
  • 202127.2%+0.70pp
  • 202026.5%-1.35pp
  • 201927.9%+0.05pp
  • 201827.8%-0.04pp
  • 201727.9%+1.31pp
  • 201626.6%+1.07pp
  • 201525.5%+1.67pp
  • 201423.8%+1.87pp
  • 201322.0%-2.73pp
  • 201224.7%+5.73pp
  • 201119.0%+1.34pp
  • 201017.6%+3.60pp
  • 200914.0%-4.11pp
  • 200818.1%-1.66pp
  • 200719.8%-1.23pp
  • 200621.0%+0.63pp
  • 200520.4%-0.05pp
  • 200420.5%+1.13pp
  • 200319.3%+0.20pp
  • 200219.1%+0.92pp
  • 200118.2%-1.59pp
  • 200019.8%+0.20pp
  • 199919.6%-8.82pp
  • 199828.4%+2.31pp
  • 199726.1%+6.53pp
  • 199619.6%+0.37pp
  • 199519.2%+1.19pp
  • 199418.0%+1.88pp
  • 199316.1%-1.20pp
  • 199217.3%+0.74pp
  • 199116.6%-0.96pp
  • 199017.6%-0.29pp
  • 198917.8%-0.17pp
  • 198818.0%+0.51pp
  • 198717.5%+1.78pp
  • 198615.7%-2.60pp
  • 198518.3%—

EBITDA Margin values are taken from Illinois Tool Works's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at Illinois Tool Works (ITW)

According to Illinois Tool Works's latest reported financial statements, the company's latest reported EBITDA margin is 28.6%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

2025's annual EBITDA margin for Illinois Tool Works (ITW) came in at 28.98% – contracted 3.1 percentage points year-over-year.

32.12% stands as the all-time-high annual EBITDA margin, posted in 2024, against a low of 14.03% during 2009.

Illinois Tool Works EBITDA Margin by Year

Illinois Tool Works EBITDA Margin 2025: 29.0%

Illinois Tool Works EBITDA margin in 2025 was 28.98%, contracted 3.1 percentage points from 2024.

Illinois Tool Works EBITDA Margin 2024: 32.1%

2024's EBITDA margin for Illinois Tool Works came in at 32.12%, expanded 4.3 percentage points from 2023. This figure represents the highest annual value in the available history.

Illinois Tool Works EBITDA Margin 2023: 27.8%

Illinois Tool Works posted EBITDA margin of 27.84% in 2023, contracted 0.1 percentage points from 2022.

Illinois Tool Works EBITDA Margin 2022: 28.0%

In 2022, Illinois Tool Works reported EBITDA margin of 27.96%, expanded 0.7 percentage points from 2021.

Illinois Tool Works EBITDA Margin 2021: 27.2%

Illinois Tool Works EBITDA margin in 2021 was 27.24%.

See more financial history for Illinois Tool Works (ITW).

Sector peers by EBITDA Margin

Industrials peers of Illinois Tool Works (ITW), ranked by their latest EBITDA margin

Frequently asked questions

Illinois Tool Works (ITW) Key Financials

Charts, filings, and peer comparison for every metric

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation

Overview