Shares Outstanding for Illinois Tool Works (ITW)
According to Illinois Tool Works's latest reported financial statements, the company's latest reported diluted shares outstanding is 290.20M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingShares OutstandingSwitch metric
Latest period
290.20M
YoY change
-1.8%
5Y CAGR
-1.7%
Peak year (2002)
616.96M
Latest annual
292.30M
Shares Outstanding history chart for Illinois Tool Works (ITW) from 1985 to 2025
Shares Outstanding history table for Illinois Tool Works (ITW) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 292.30M | -1.8% | ||
| 2024 | 297.80M | -1.9% | ||
| 2023 | 303.60M | -2.3% | ||
| 2022 | 310.70M | -1.8% | ||
| 2021 | 316.40M | -0.6% | ||
| 2020 | 318.30M | -2.2% | ||
| 2019 | 325.60M | -3.4% | ||
| 2018 | 337.10M | -2.8% | ||
| 2017 | 346.80M | -2.9% | ||
| 2016 | 357.10M | -3.5% | ||
| 2015 | 370.10M | -8.5% | ||
| 2014 | 404.60M | -9.9% | ||
| 2013 | 449.30M | -5.1% | ||
| 2012 | 473.20M | -4.3% | ||
| 2011 | 494.60M | -1.7% | ||
| 2010 | 503.30M | +0.3% | ||
| 2009 | 501.92M | -3.2% | ||
| 2008 | 518.61M | -6.7% | ||
| 2007 | 556.03M | -2.6% | ||
| 2006 | 570.68M | -1.4% | ||
| 2005 | 579.02M | -5.9% | ||
| 2004 | 615.31M | -0.2% | ||
| 2003 | 616.67M | -0.0% | ||
| 2002 | 616.96M | +0.7% | ||
| 2001 | 612.67M | +0.7% | ||
| 2000 | 608.24M | -0.2% | ||
| 1999 | 609.49M | +0.1% | ||
| 1998 | 608.80M | +22.0% | ||
| 1997 | 499.20M | +0.6% | ||
| 1996 | 496.08M | +4.8% | ||
| 1995 | 473.48M | +4.4% | ||
| 1994 | 453.55M | +0.1% | ||
| 1993 | 453.17M | +1.0% | ||
| 1992 | 448.62M | +0.6% | ||
| 1991 | 445.74M | +1.7% | ||
| 1990 | 438.44M | +2.1% | ||
| 1989 | 429.33M | +1.5% | ||
| 1988 | 422.78M | +2.0% | ||
| 1987 | 414.58M | +1.1% | ||
| 1986 | 410.03M | +1.7% | ||
| 1985 | 403.26M | — |
Shares Outstanding 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
The 2025 reading of Illinois Tool Works (ITW) diluted shares outstanding is 292.30M – edged down 1.8% year-over-year.
Illinois Tool Works diluted shares outstanding compound annual growth for the 2020–2025 (5 years) window is -1.7%, with a net decline across the window.
Between 2002 and 2025, Illinois Tool Works diluted shares outstanding plunged 52.6%, falling from 616.96M to 292.30M.
The highest annual diluted shares outstanding of 616.96M was reported in 2002. The lowest in the available history was 292.30M in 2025.
Illinois Tool Works (ITW) sits 8th of 8 Industrials peers we track on this metric, against a peer median of 618.15M.
Illinois Tool Works Shares Outstanding by Year
Illinois Tool Works Shares Outstanding 2025: 292.30M
Illinois Tool Works diluted shares outstanding in 2025 was 292.30M, edged down 1.8% below 2024. This figure represents the lowest annual value in the available history.
Illinois Tool Works Shares Outstanding 2024: 297.80M
Illinois Tool Works diluted shares outstanding in 2024 was 297.80M, edged down 1.9% below 2023.
Illinois Tool Works Shares Outstanding 2023: 303.60M
Illinois Tool Works diluted shares outstanding in 2023 was 303.60M, edged down 2.3% below 2022.
Illinois Tool Works Shares Outstanding 2022: 310.70M
Illinois Tool Works diluted shares outstanding in 2022 was 310.70M, edged down 1.8% below 2021.
Illinois Tool Works Shares Outstanding 2021: 316.40M
Illinois Tool Works diluted shares outstanding in 2021 was 316.40M.
See more financial history for Illinois Tool Works (ITW).
Sector peers — Shares Outstanding
Companies in the same sector as Illinois Tool Works, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| RTX Corporation (RTX) | 1.36B | Industrials |
| GE Aerospace (GE) | 1.07B | Industrials |
| The Boeing Company (BA) | 762.30M | Industrials |
| Honeywell International Inc. (HON) | 642.80M | Industrials |
| Union Pacific Corporation (UNP) | 593.50M | Industrials |
| Caterpillar Inc. (CAT) | 469.00M | Industrials |
| Eaton Corporation plc (ETN) | 389.50M | Industrials |
| Deere & Company (DE) | 271.70M | Industrials |
Frequently asked questions
What is Illinois Tool Works's diluted shares outstanding?
- Latest reported diluted shares outstanding for Illinois Tool Works (ITW) is 290.20M (period ending December 31, 2025).
How has Illinois Tool Works diluted shares outstanding changed year-over-year?
- Illinois Tool Works (ITW) diluted shares outstanding changed -1.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Illinois Tool Works diluted shares outstanding?
- Illinois Tool Works (ITW) diluted shares outstanding compound annual growth rate is -1.7% over the most recent 5 years available.
When did Illinois Tool Works diluted shares outstanding hit its highest annual value?
- Illinois Tool Works diluted shares outstanding reached its highest annual value of 616.96M in 2002.
What was Illinois Tool Works diluted shares outstanding in 2024?
- Illinois Tool Works (ITW) diluted shares outstanding in 2024 was 297.80M.
What was Illinois Tool Works diluted shares outstanding in 2025?
- Illinois Tool Works (ITW) diluted shares outstanding in 2025 was 292.30M.
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