Revenue for Illinois Tool Works (ITW)
According to Illinois Tool Works's latest reported financial statements, the company's current revenue (TTM) is $16.04B USD. 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 (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
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TTM (last 4 quarters)
$16.04B
YoY change
+0.9%
5Y CAGR
+5.0%
Peak year (2012)
$17.92B
Cumulative revenue
$416.13B
Revenue history chart for Illinois Tool Works (ITW) from 1985 to 2025
Revenue history table for Illinois Tool Works (ITW) from 1985 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY |
|---|---|---|---|---|
| 2025 | $16.04B | +0.9% | ||
| 2024 | $15.90B | -1.3% | ||
| 2023 | $16.11B | +1.1% | ||
| 2022 | $15.93B | +10.2% | ||
| 2021 | $14.46B | +15.0% | ||
| 2020 | $12.57B | -10.9% | ||
| 2019 | $14.11B | -4.5% | ||
| 2018 | $14.77B | +3.2% | ||
| 2017 | $14.31B | +5.3% | ||
| 2016 | $13.60B | +1.4% | ||
| 2015 | $13.40B | -7.4% | ||
| 2014 | $14.48B | +2.5% | ||
| 2013 | $14.13B | -21.1% | ||
| 2012 | $17.92B | +0.8% | ||
| 2011 | $17.79B | +12.1% | ||
| 2010 | $15.87B | +14.4% | ||
| 2009 | $13.88B | -12.6% | ||
| 2008 | $15.87B | -1.9% | ||
| 2007 | $16.17B | +15.1% | ||
| 2006 | $14.06B | +8.8% | ||
| 2005 | $12.92B | +10.1% | ||
| 2004 | $11.73B | +16.9% | ||
| 2003 | $10.04B | +6.0% | ||
| 2002 | $9.47B | +1.9% | ||
| 2001 | $9.29B | -6.9% | ||
| 2000 | $9.98B | +7.0% | ||
| 1999 | $9.33B | +65.3% | ||
| 1998 | $5.65B | +8.2% | ||
| 1997 | $5.22B | +4.5% | ||
| 1996 | $5.00B | +20.3% | ||
| 1995 | $4.15B | +20.0% | ||
| 1994 | $3.46B | +9.6% | ||
| 1993 | $3.16B | +12.4% | ||
| 1992 | $2.81B | +6.5% | ||
| 1991 | $2.64B | +3.8% | ||
| 1990 | $2.54B | +17.1% | ||
| 1989 | $2.17B | +12.6% | ||
| 1988 | $1.93B | +13.6% | ||
| 1987 | $1.70B | +76.7% | ||
| 1986 | $961.10M | +61.2% | ||
| 1985 | $596.10M | — |
Revenue 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
2025's annual revenue for Illinois Tool Works (ITW) came in at $16.04B – edged up 0.9% year-over-year.
Through 2020–2025 (5 years), Illinois Tool Works revenue delivered a +5.0% annualised rate; with the latest reading among the more recent periods of the dataset.
Between 2012 and 2025, Illinois Tool Works revenue declined 10.5%, falling from $17.92B to $16.04B.
The highest annual revenue of $17.92B was reported in 2012. The lowest in the available history was $596.10M in 1985.
Illinois Tool Works (ITW) sits 9th of 8 Industrials peers we track on this metric, against a peer median of $45.26B.
Illinois Tool Works Revenue by Year
Illinois Tool Works Revenue 2025: $16.04B
Illinois Tool Works revenue in 2025 was $16.04B, edged up 0.9% from 2024.
Illinois Tool Works Revenue 2024: $15.90B
Illinois Tool Works revenue in 2024 was $15.90B, edged down 1.3% below 2023.
Illinois Tool Works Revenue 2023: $16.11B
Illinois Tool Works revenue in 2023 was $16.11B, edged up 1.1% from 2022.
Illinois Tool Works Revenue 2022: $15.93B
Illinois Tool Works revenue in 2022 was $15.93B, grew 10.2% from 2021.
Illinois Tool Works Revenue 2021: $14.46B
Illinois Tool Works revenue in 2021 was $14.46B.
See more financial history for Illinois Tool Works (ITW).
Sector peers — Revenue
Companies in the same sector as Illinois Tool Works, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| The Boeing Company (BA) | $89.46B | Industrials |
| RTX Corporation (RTX) | $88.60B | Industrials |
| Caterpillar Inc. (CAT) | $67.59B | Industrials |
| GE Aerospace (GE) | $45.85B | Industrials |
| Deere & Company (DE) | $44.66B | Industrials |
| Honeywell International Inc. (HON) | $37.44B | Industrials |
| Eaton Corporation plc (ETN) | $27.45B | Industrials |
| Union Pacific Corporation (UNP) | $24.51B | Industrials |
Frequently asked questions
What is Illinois Tool Works's revenue?
- Latest reported revenue for Illinois Tool Works (ITW) is $16.04B (period ending December 31, 2025).
How has Illinois Tool Works revenue changed year-over-year?
- Illinois Tool Works (ITW) revenue changed +0.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Illinois Tool Works revenue?
- Illinois Tool Works (ITW) revenue compound annual growth rate is +5.0% over the most recent 5 years available.
When did Illinois Tool Works revenue hit its highest annual value?
- Illinois Tool Works revenue reached its highest annual value of $17.92B in 2012.
What was Illinois Tool Works revenue in 2024?
- Illinois Tool Works (ITW) revenue in 2024 was $15.90B.
What was Illinois Tool Works revenue in 2025?
- Illinois Tool Works (ITW) revenue in 2025 was $16.04B.
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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