TTM
$16.5B
YoY change
+0.9%
5Y CAGR
+5.0%
Peak year (FY2012)
$17.9B
Cumulative revenue
$424B
Revenue history chart for Illinois Tool Works (ITW) from 2016 to 2025
Latest: $16B
Revenue growth chart for Illinois Tool Works (ITW) from 2016 to 2025
Latest: +0.9%
Revenue history table for Illinois Tool Works (ITW) from 1985 to 2025
| FY2025 | $16B | +0.9% | +$146M | ||
| FY2024 | $15.9B | -1.3% | -$209M | ||
| FY2023 | $16.1B | +1.1% | +$175M | ||
| FY2022 | $15.9B | +10.2% | +$1.48B | ||
| FY2021 | $14.5B | +15.0% | +$1.88B | ||
| FY2020 | $12.6B | -10.9% | -$1.54B | ||
| FY2019 | $14.1B | -4.5% | -$659M | ||
| FY2018 | $14.8B | +3.2% | +$454M | ||
| FY2017 | $14.3B | +5.3% | +$715M | ||
| FY2016 | $13.6B | +1.4% | +$194M | ||
| FY2015 | $13.4B | -7.4% | -$1.08B | ||
| FY2014 | $14.5B | +2.5% | +$349M | ||
| FY2013 | $14.1B | -21.1% | -$3.79B | ||
| FY2012 | $17.9B | +0.8% | +$137M | ||
| FY2011 | $17.8B | +12.1% | +$1.92B | ||
| FY2010 | $15.9B | +14.4% | +$1.99B | ||
| FY2009 | $13.9B | -12.6% | -$1.99B | ||
| FY2008 | $15.9B | -1.9% | -$301M | ||
| FY2007 | $16.2B | +15.1% | +$2.12B | ||
| FY2006 | $14.1B | +8.8% | +$1.13B | ||
| FY2005 | $12.9B | +10.1% | +$1.19B | ||
| FY2004 | $11.7B | +16.9% | +$1.7B | ||
| FY2003 | $10B | +6.0% | +$568M | ||
| FY2002 | $9.47B | +1.9% | +$175M | ||
| FY2001 | $9.29B | -6.9% | -$691M | ||
| FY2000 | $9.98B | +7.0% | +$650M | ||
| FY1999 | $9.33B | +65.3% | +$3.69B | ||
| FY1998 | $5.65B | +8.2% | +$428M | ||
| FY1997 | $5.22B | +4.5% | +$224M | ||
| FY1996 | $5B | +20.3% | +$845M | ||
| FY1995 | $4.15B | +20.0% | +$691M | ||
| FY1994 | $3.46B | +9.6% | +$302M | ||
| FY1993 | $3.16B | +12.4% | +$348M | ||
| FY1992 | $2.81B | +6.5% | +$172M | ||
| FY1991 | $2.64B | +3.8% | +$95.5M | ||
| FY1990 | $2.54B | +17.1% | +$372M | ||
| FY1989 | $2.17B | +12.6% | +$243M | ||
| FY1988 | $1.93B | +13.6% | +$231M | ||
| FY1987 | $1.7B | +76.7% | +$737M | ||
| FY1986 | $961M | +61.2% | +$365M | ||
| FY1985 | $596M | — | — |
- FY2025$16B+0.9%
- FY2024$15.9B-1.3%
- FY2023$16.1B+1.1%
- FY2022$15.9B+10.2%
- FY2021$14.5B+15.0%
- FY2020$12.6B-10.9%
- FY2019$14.1B-4.5%
- FY2018$14.8B+3.2%
- FY2017$14.3B+5.3%
- FY2016$13.6B+1.4%
- FY2015$13.4B-7.4%
- FY2014$14.5B+2.5%
- FY2013$14.1B-21.1%
- FY2012$17.9B+0.8%
- FY2011$17.8B+12.1%
- FY2010$15.9B+14.4%
- FY2009$13.9B-12.6%
- FY2008$15.9B-1.9%
- FY2007$16.2B+15.1%
- FY2006$14.1B+8.8%
- FY2005$12.9B+10.1%
- FY2004$11.7B+16.9%
- FY2003$10B+6.0%
- FY2002$9.47B+1.9%
- FY2001$9.29B-6.9%
- FY2000$9.98B+7.0%
- FY1999$9.33B+65.3%
- FY1998$5.65B+8.2%
- FY1997$5.22B+4.5%
- FY1996$5B+20.3%
- FY1995$4.15B+20.0%
- FY1994$3.46B+9.6%
- FY1993$3.16B+12.4%
- FY1992$2.81B+6.5%
- FY1991$2.64B+3.8%
- FY1990$2.54B+17.1%
- FY1989$2.17B+12.6%
- FY1988$1.93B+13.6%
- FY1987$1.7B+76.7%
- FY1986$961M+61.2%
- FY1985$596M—
Revenue 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 Revenue at Illinois Tool Works (ITW)
According to Illinois Tool Works's latest reported financial statements, the company's current revenue (TTM) is $16.5B. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual revenue for Illinois Tool Works (ITW) came in at $16B – edged up 0.9% year-over-year.
Through 2020–2025 (5 years), Illinois Tool Works revenue delivered a +5.0% annualised rate; with mixed annual results across the window.
Between 2012 and 2025, Illinois Tool Works revenue declined 10.5%, falling from $17.9B to $16B.
The highest annual revenue of $17.9B was reported in 2012. The lowest in the available history was $596M in 1985.
Illinois Tool Works Revenue by Year
Illinois Tool Works Revenue 2025: $16B
Illinois Tool Works posted revenue of $16B in 2025, edged up 0.9% from 2024.
Illinois Tool Works Revenue 2024: $15.9B
In 2024, Illinois Tool Works reported revenue of $15.9B, edged down 1.3% below 2023.
Illinois Tool Works Revenue 2023: $16.1B
Illinois Tool Works revenue in 2023 was $16.1B, edged up 1.1% from 2022.
Illinois Tool Works Revenue 2022: $15.9B
2022's revenue for Illinois Tool Works came in at $15.9B, grew 10.2% from 2021.
Illinois Tool Works Revenue 2021: $14.5B
Illinois Tool Works revenue in 2021 was $14.5B.
See more financial history for Illinois Tool Works (ITW).
Sector peers by Revenue
Industrials peers of Illinois Tool Works (ITW), ranked by their latest revenue
| $89.5B | |
| $88.6B | |
| $67.6B | |
| $45.9B | |
| $44.7B | |
| $27.4B | |
| $24.5B | |
| $18.7B |
- $89.5B
- $88.6B
- $67.6B
- $45.9B
- $44.7B
- $27.4B
- $24.5B
- $18.7B
Frequently asked questions
Illinois Tool Works (ITW) Key Financials
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Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks1.45% TTM
- Dividend Profile2.20% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History5 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.