TTM
19.3%
YoY change
−2.83pp
Trough year (1985)
5.3%
Peak year (2024)
21.9%
Latest annual
19.1%
Net Profit Margin history chart for Illinois Tool Works (ITW) from 1985 to 2025
Latest: 19.1%
Net Profit Margin change chart for Illinois Tool Works (ITW) from 1985 to 2025
Latest: −2.83pp
Net Profit Margin history table for Illinois Tool Works (ITW) from 1985 to 2025
| 2025 | 19.1% | -2.83pp | ||
| 2024 | 21.9% | +3.58pp | ||
| 2023 | 18.4% | -0.68pp | ||
| 2022 | 19.0% | +0.41pp | ||
| 2021 | 18.6% | +1.86pp | ||
| 2020 | 16.8% | -1.10pp | ||
| 2019 | 17.9% | +0.51pp | ||
| 2018 | 17.4% | +5.57pp | ||
| 2017 | 11.8% | -3.18pp | ||
| 2016 | 15.0% | +0.80pp | ||
| 2015 | 14.2% | -6.17pp | ||
| 2014 | 20.3% | +8.46pp | ||
| 2013 | 11.9% | -4.13pp | ||
| 2012 | 16.0% | +4.37pp | ||
| 2011 | 11.6% | +2.02pp | ||
| 2010 | 9.6% | +2.80pp | ||
| 2009 | 6.8% | -2.75pp | ||
| 2008 | 9.6% | -1.99pp | ||
| 2007 | 11.6% | -0.66pp | ||
| 2006 | 12.2% | +0.65pp | ||
| 2005 | 11.6% | +0.16pp | ||
| 2004 | 11.4% | +1.21pp | ||
| 2003 | 10.2% | +2.67pp | ||
| 2002 | 7.5% | -1.14pp | ||
| 2001 | 8.7% | -0.93pp | ||
| 2000 | 9.6% | +0.58pp | ||
| 1999 | 9.0% | -2.90pp | ||
| 1998 | 11.9% | +0.67pp | ||
| 1997 | 11.2% | +1.51pp | ||
| 1996 | 9.7% | +0.40pp | ||
| 1995 | 9.3% | +1.31pp | ||
| 1994 | 8.0% | +1.49pp | ||
| 1993 | 6.5% | -0.29pp | ||
| 1992 | 6.8% | -0.01pp | ||
| 1991 | 6.8% | -0.33pp | ||
| 1990 | 7.2% | -0.37pp | ||
| 1989 | 7.5% | +0.28pp | ||
| 1988 | 7.3% | +1.00pp | ||
| 1987 | 6.3% | -2.03pp | ||
| 1986 | 8.3% | +3.00pp | ||
| 1985 | 5.3% | — |
- 202519.1%-2.83pp
- 202421.9%+3.58pp
- 202318.4%-0.68pp
- 202219.0%+0.41pp
- 202118.6%+1.86pp
- 202016.8%-1.10pp
- 201917.9%+0.51pp
- 201817.4%+5.57pp
- 201711.8%-3.18pp
- 201615.0%+0.80pp
- 201514.2%-6.17pp
- 201420.3%+8.46pp
- 201311.9%-4.13pp
- 201216.0%+4.37pp
- 201111.6%+2.02pp
- 20109.6%+2.80pp
- 20096.8%-2.75pp
- 20089.6%-1.99pp
- 200711.6%-0.66pp
- 200612.2%+0.65pp
- 200511.6%+0.16pp
- 200411.4%+1.21pp
- 200310.2%+2.67pp
- 20027.5%-1.14pp
- 20018.7%-0.93pp
- 20009.6%+0.58pp
- 19999.0%-2.90pp
- 199811.9%+0.67pp
- 199711.2%+1.51pp
- 19969.7%+0.40pp
- 19959.3%+1.31pp
- 19948.0%+1.49pp
- 19936.5%-0.29pp
- 19926.8%-0.01pp
- 19916.8%-0.33pp
- 19907.2%-0.37pp
- 19897.5%+0.28pp
- 19887.3%+1.00pp
- 19876.3%-2.03pp
- 19868.3%+3.00pp
- 19855.3%—
Net Profit 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 Net Profit Margin at Illinois Tool Works (ITW)
According to Illinois Tool Works's latest reported financial statements, the company's latest reported net margin is 19.3%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Illinois Tool Works (ITW) net margin totalled 19.11% – contracted 2.8 percentage points year-over-year.
Across the available history, net margin reached its high of 21.94% in 2024 and its low of 5.28% in 1985.
Illinois Tool Works Net Profit Margin by Year
Illinois Tool Works Net Profit Margin 2025: 19.1%
Illinois Tool Works posted net margin of 19.11% in 2025, contracted 2.8 percentage points from 2024.
Illinois Tool Works Net Profit Margin 2024: 21.9%
In 2024, Illinois Tool Works reported net margin of 21.94%, expanded 3.6 percentage points from 2023. This figure represents the highest annual value in the available history.
Illinois Tool Works Net Profit Margin 2023: 18.4%
Illinois Tool Works net margin in 2023 was 18.36%, contracted 0.7 percentage points from 2022.
Illinois Tool Works Net Profit Margin 2022: 19.0%
2022's net margin for Illinois Tool Works came in at 19.04%, expanded 0.4 percentage points from 2021.
Illinois Tool Works Net Profit Margin 2021: 18.6%
Illinois Tool Works net margin in 2021 was 18.64%.
See more financial history for Illinois Tool Works (ITW).
Sector peers by Net Profit Margin
Industrials peers of Illinois Tool Works (ITW), ranked by their latest net margin
| 29.2% | |
| 17.9% | |
| 14.0% | |
| 13.3% | |
| 11.2% | |
| 9.3% | |
| 8.0% | |
| 2.5% |
- 29.2%
- 17.9%
- 13.3%
- 8.0%
- 2.5%
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