Illinois Tool Works (ITW) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.1% | +11.2% | -10.4% | -0.9% | -4.2% | +4.1% | — | — | — | — | — | — |
| 2025 | +2.2% | +1.9% | -5.5% | -3.3% | +2.2% | +1.5% | +3.5% | +3.4% | -0.9% | -6.5% | +2.2% | -0.6% |
| 2024 | -0.4% | +0.5% | +2.9% | -9.0% | -0.6% | -1.8% | +4.4% | +2.4% | +4.1% | -0.4% | +6.3% | -8.1% |
| 2023 | +7.1% | -1.2% | +5.0% | -0.6% | -9.6% | +15.0% | +5.3% | -6.1% | -6.3% | -2.7% | +8.1% | +8.7% |
| 2022 | -5.2% | -7.5% | -2.7% | -5.9% | +5.6% | -11.8% | +14.0% | -6.2% | -6.6% | +18.2% | +6.5% | -2.6% |
| 2021 | -4.7% | +4.1% | +10.1% | +4.0% | +0.6% | -3.0% | +1.4% | +2.7% | -10.8% | +10.3% | +1.9% | +6.8% |
| 2020 | -2.6% | -4.1% | -14.7% | +14.3% | +6.1% | +2.0% | +5.8% | +6.8% | -1.6% | +1.4% | +7.8% | -2.9% |
| 2019 | +8.4% | +4.9% | +0.3% | +8.4% | -10.3% | +8.7% | +2.3% | -2.8% | +5.1% | +7.7% | +3.4% | +3.7% |
| 2018 | +4.1% | -7.0% | -2.5% | -9.3% | +1.2% | -3.1% | +3.5% | -3.1% | +2.3% | -9.6% | +9.0% | -8.2% |
| 2017 | +3.9% | +3.8% | +0.8% | +4.2% | +2.3% | +1.9% | -1.8% | -2.3% | +8.2% | +5.8% | +8.1% | -1.0% |
| 2016 | -2.8% | +4.6% | +9.3% | +2.0% | +1.4% | -1.2% | +10.8% | +3.0% | +1.4% | -5.2% | +10.2% | -1.7% |
| 2015 | -1.7% | +6.2% | -1.2% | -3.7% | +0.3% | -1.7% | -2.5% | -5.5% | -2.0% | +11.7% | +2.2% | -0.8% |
| 2014 | -6.2% | +4.6% | -0.9% | +4.8% | +1.5% | +1.7% | -5.9% | +7.1% | -3.7% | +7.9% | +4.3% | +0.3% |
| 2013 | +3.3% | -2.1% | -0.3% | +5.9% | +8.6% | -0.8% | +4.1% | -0.8% | +7.3% | +3.3% | +1.0% | +6.2% |
| 2012 | +13.5% | +5.0% | +3.2% | +0.5% | -2.2% | -5.1% | +2.7% | +9.1% | +0.9% | +3.1% | +0.4% | -0.6% |
| 2011 | +0.2% | +1.1% | -0.1% | +8.7% | -1.8% | -0.9% | -11.8% | -6.6% | -9.9% | +16.9% | -6.5% | +3.6% |
| 2010 | -9.2% | +4.4% | +4.7% | +7.9% | -9.1% | -10.5% | +5.4% | -5.1% | +14.8% | -2.8% | +4.3% | +12.8% |
| 2009 | -6.8% | -14.9% | +12.1% | +6.3% | -1.6% | +16.6% | +8.6% | +3.1% | +2.9% | +7.5% | +5.9% | -0.7% |
| 2008 | -5.8% | -2.7% | -1.1% | +8.4% | +2.7% | -11.0% | -1.4% | +5.9% | -9.8% | -24.9% | +2.2% | +3.7% |
| 2007 | +10.4% | +1.3% | +0.3% | -0.5% | +2.7% | +3.2% | +1.6% | +5.6% | +3.0% | -4.0% | -3.1% | -3.0% |
| 2006 | -4.2% | +1.8% | +12.6% | +6.6% | -3.3% | -3.7% | -3.7% | -4.0% | +2.7% | +6.8% | -1.5% | -1.7% |
| 2005 | -6.1% | +3.2% | +0.1% | -6.4% | +0.7% | -5.3% | +7.5% | -1.6% | -1.9% | +3.0% | +4.2% | +0.0% |
| 2004 | -6.9% | +1.8% | -0.0% | +8.8% | +4.3% | +7.0% | -5.6% | +0.8% | +2.4% | -1.0% | +2.1% | -1.4% |
| 2003 | -6.2% | -2.0% | -2.0% | +10.1% | -3.0% | +6.5% | +5.8% | +3.8% | -8.0% | +11.0% | +6.1% | +7.8% |
| 2002 | +5.4% | +3.1% | -1.3% | -0.4% | -1.5% | -3.6% | -3.4% | +3.8% | -14.6% | +5.3% | +10.8% | -4.3% |
| 2001 | +10.0% | -7.5% | -5.8% | +11.5% | +8.0% | -7.2% | -0.5% | -0.8% | -13.1% | +5.7% | +7.3% | +10.7% |
| 2000 | -13.4% | -11.7% | +7.2% | +16.0% | -9.4% | -1.6% | +0.5% | -2.1% | +0.1% | -0.6% | +1.3% | +6.2% |
| 1999 | +4.0% | +14.0% | -9.8% | +24.4% | -0.3% | +6.7% | -9.1% | +4.9% | -4.1% | -1.5% | -11.8% | +4.6% |
| 1998 | -7.5% | +7.7% | +8.3% | +8.8% | -6.4% | +1.2% | -16.0% | -13.5% | +12.8% | +17.7% | -0.9% | -8.5% |
| 1997 | +2.2% | +3.3% | -2.6% | +11.4% | +8.9% | +0.6% | +3.9% | -6.7% | +3.0% | -1.0% | +11.5% | +9.9% |
| 1996 | +3.9% | +7.4% | -1.7% | +3.9% | -0.3% | +1.2% | -4.8% | +7.2% | +4.8% | -2.6% | +22.0% | -6.6% |
| 1995 | -8.0% | +11.5% | +9.2% | +2.5% | -0.7% | +10.9% | +7.3% | +3.7% | -3.5% | -1.2% | +9.0% | -6.7% |
| 1994 | +9.6% | +1.0% | -5.7% | +2.0% | -1.1% | -4.4% | +2.9% | +8.1% | -0.7% | +5.2% | -10.0% | +8.5% |
| 1993 | +2.8% | +8.8% | -2.3% | +0.6% | +2.5% | +2.3% | -3.4% | +11.6% | -3.9% | -3.3% | +1.6% | +3.0% |
| 1992 | +0.7% | -0.2% | +1.7% | -1.4% | -0.5% | -4.1% | -0.3% | +2.0% | +8.4% | -5.7% | +2.7% | +1.4% |
| 1991 | +12.0% | +2.3% | +0.0% | +0.8% | +14.8% | -1.0% | -9.6% | +13.4% | +6.5% | -4.1% | -5.4% | +3.2% |
| 1990 | -7.1% | +15.6% | +4.9% | +0.3% | +9.1% | -2.0% | -3.8% | -8.8% | -5.0% | -6.7% | +10.2% | +5.5% |
| 1989 | +5.6% | -6.1% | -0.9% | +3.3% | +5.9% | -0.4% | +9.5% | +11.9% | -4.2% | -5.9% | +1.6% | +9.3% |
| 1988 | +1.0% | +9.8% | -4.4% | +8.8% | -3.4% | +18.6% | -9.7% | -12.0% | +2.3% | -0.9% | -4.2% | +4.3% |
| 1987 | +20.9% | +7.3% | +3.4% | +7.5% | -2.2% | +7.6% | +10.8% | -3.4% | +12.5% | -26.6% | -13.7% | +10.9% |
| 1986 | +5.0% | +23.8% | -4.2% | -0.4% | +22.3% | -6.7% | -5.4% | +23.8% | -7.7% | +22.5% | +3.4% | +3.9% |
| 1985 | +24.9% | +1.8% | -5.3% | -4.7% | +3.0% | -4.3% | +2.5% | -6.8% | -4.7% | -0.5% | +8.8% | +11.2% |
| 1984 | -4.1% | -3.7% | -1.9% | +1.3% | -5.7% | +1.4% | -4.0% | +21.5% | +0.0% | +2.9% | -7.2% | +6.0% |
| 1983 | +5.7% | +4.6% | -5.9% | +4.7% | +9.0% | +15.1% | -0.6% | -8.4% | +0.7% | +5.2% | +9.9% | -3.9% |
| 1982 | -7.8% | -0.5% | -1.9% | +2.4% | +6.5% | +1.8% | -4.7% | +10.0% | +6.4% | +11.9% | +4.4% | +4.2% |
| 1981 | +0.5% | +10.8% | +5.8% | +5.0% | +0.4% | +1.6% | -9.0% | +0.0% | -6.0% | +1.8% | +5.4% | -0.9% |
| 1980 | +4.5% | -6.2% | -10.7% | -5.7% | +9.1% | +3.3% | +13.4% | +0.5% | +1.9% | -0.9% | -0.5% | -5.2% |
| 1979 | -2.5% | -5.2% | +9.9% | +7.5% | -1.4% | +4.2% | -5.9% | +7.7% | -3.6% | -11.6% | +3.7% | +1.0% |
| 1978 | -5.3% | -5.6% | +9.9% | +11.4% | +3.2% | -2.1% | +9.6% | +3.9% | -4.7% | -12.7% | +3.4% | +7.1% |
| 1977 | -5.9% | -3.8% | -7.0% | +4.3% | +1.0% | -7.7% | -0.6% | -1.7% | -5.1% | -3.6% | -1.8% | +6.9% |
| 1976 | +16.3% | +16.0% | -4.7% | +1.4% | -9.4% | +8.4% | -1.8% | -13.0% | +10.6% | -7.7% | -2.1% | +17.6% |
| 1975 | +37.8% | -7.5% | +6.4% | +15.8% | +1.9% | +0.0% | -0.9% | -4.7% | -9.3% | +4.9% | -1.0% | -10.4% |
| 1974 | -4.1% | +1.1% | +3.7% | -8.6% | +7.8% | +12.4% | +6.9% | -24.5% | +1.7% | +12.3% | -18.9% | -17.2% |
| 1973 | — | — | — | -4.3% | -17.4% | +4.5% | +24.9% | -11.9% | +0.0% | +15.8% | -23.8% | -3.4% |
| Avg | +1.8% | +2.1% | +0.3% | +3.5% | +0.9% | +1.1% | +1.0% | +0.5% | -0.5% | +1.3% | +1.9% | +1.7% |
| Median | +0.7% | +1.8% | -0.3% | +3.6% | +0.7% | +0.6% | +0.5% | +0.5% | +0.0% | -0.4% | +2.7% | +1.4% |
| Last 5Y Avg | +2.0% | +1.0% | -2.1% | -3.9% | -1.3% | -0.0% | +5.7% | -0.8% | -4.1% | +3.8% | +5.0% | +0.9% |
| Std Dev (σ) | 9.3% | 7.3% | 6.1% | 6.8% | 6.6% | 6.8% | 7.4% | 8.6% | 6.6% | 9.5% | 7.8% | 6.7% |
| Consistency (μ/σ) | 0.20 | 0.29 | 0.04 | 0.52 | 0.14 | 0.17 | 0.13 | 0.06 | -0.07 | 0.14 | 0.24 | 0.25 |
| Win Rate (%) | 55% | 64% | 43% | 70% | 56% | 51% | 51% | 51% | 47% | 49% | 70% | 57% |
| Winning / Losing Months | ▲29▼24 | ▲34▼19 | ▲23▼30 | ▲38▼16 | ▲30▼24 | ▲27▼26 | ▲27▼26 | ▲27▼26 | ▲25▼28 | ▲26▼27 | ▲37▼16 | ▲30▼23 |
| Longest Win / Loss Streak | ▲5▼4 | ▲7▼4 | ▲3▼5 | ▲9▼5 | ▲6▼4 | ▲6▼4 | ▲8▼4 | ▲6▼5 | ▲4▼4 | ▲5▼7 | ▲14▼5 | ▲11▼4 |
| Best | +37.8%in January 1975 | +23.8%in February 1986 | +12.6%in March 2006 | +24.4%in April 1999 | +22.3%in May 1986 | +18.6%in June 1988 | +24.9%in July 1973 | +23.8%in August 1986 | +14.8%in September 2010 | +22.5%in October 1986 | +22.0%in November 1996 | +17.6%in December 1976 |
| Worst | -13.4%in January 2000 | -14.9%in February 2009 | -14.7%in March 2020 | -9.3%in April 2018 | -17.4%in May 1973 | -11.8%in June 2022 | -16.0%in July 1998 | -24.5%in August 1974 | -14.6%in September 2002 | -26.6%in October 1987 | -23.8%in November 1973 | -17.2%in December 1974 |
−26.6%+37.8%
2026
Jan+6.1%
Feb+11.2%
Mar-10.4%
Apr-0.9%
May-4.2%
Jun+4.1%
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan+2.2%
Feb+1.9%
Mar-5.5%
Apr-3.3%
May+2.2%
Jun+1.5%
Jul+3.5%
Aug+3.4%
Sep-0.9%
Oct-6.5%
Nov+2.2%
Dec-0.6%
2024
Jan-0.4%
Feb+0.5%
Mar+2.9%
Apr-9.0%
May-0.6%
Jun-1.8%
Jul+4.4%
Aug+2.4%
Sep+4.1%
Oct-0.4%
Nov+6.3%
Dec-8.1%
2023
Jan+7.1%
Feb-1.2%
Mar+5.0%
Apr-0.6%
May-9.6%
Jun+15.0%
Jul+5.3%
Aug-6.1%
Sep-6.3%
Oct-2.7%
Nov+8.1%
Dec+8.7%
2022
Jan-5.2%
Feb-7.5%
Mar-2.7%
Apr-5.9%
May+5.6%
Jun-11.8%
Jul+14.0%
Aug-6.2%
Sep-6.6%
Oct+18.2%
Nov+6.5%
Dec-2.6%
2021
Jan-4.7%
Feb+4.1%
Mar+10.1%
Apr+4.0%
May+0.6%
Jun-3.0%
Jul+1.4%
Aug+2.7%
Sep-10.8%
Oct+10.3%
Nov+1.9%
Dec+6.8%
2020
Jan-2.6%
Feb-4.1%
Mar-14.7%
Apr+14.3%
May+6.1%
Jun+2.0%
Jul+5.8%
Aug+6.8%
Sep-1.6%
Oct+1.4%
Nov+7.8%
Dec-2.9%
2019
Jan+8.4%
Feb+4.9%
Mar+0.3%
Apr+8.4%
May-10.3%
Jun+8.7%
Jul+2.3%
Aug-2.8%
Sep+5.1%
Oct+7.7%
Nov+3.4%
Dec+3.7%
2018
Jan+4.1%
Feb-7.0%
Mar-2.5%
Apr-9.3%
May+1.2%
Jun-3.1%
Jul+3.5%
Aug-3.1%
Sep+2.3%
Oct-9.6%
Nov+9.0%
Dec-8.2%
2017
Jan+3.9%
Feb+3.8%
Mar+0.8%
Apr+4.2%
May+2.3%
Jun+1.9%
Jul-1.8%
Aug-2.3%
Sep+8.2%
Oct+5.8%
Nov+8.1%
Dec-1.0%
2016
Jan-2.8%
Feb+4.6%
Mar+9.3%
Apr+2.0%
May+1.4%
Jun-1.2%
Jul+10.8%
Aug+3.0%
Sep+1.4%
Oct-5.2%
Nov+10.2%
Dec-1.7%
2015
Jan-1.7%
Feb+6.2%
Mar-1.2%
Apr-3.7%
May+0.3%
Jun-1.7%
Jul-2.5%
Aug-5.5%
Sep-2.0%
Oct+11.7%
Nov+2.2%
Dec-0.8%
2014
Jan-6.2%
Feb+4.6%
Mar-0.9%
Apr+4.8%
May+1.5%
Jun+1.7%
Jul-5.9%
Aug+7.1%
Sep-3.7%
Oct+7.9%
Nov+4.3%
Dec+0.3%
2013
Jan+3.3%
Feb-2.1%
Mar-0.3%
Apr+5.9%
May+8.6%
Jun-0.8%
Jul+4.1%
Aug-0.8%
Sep+7.3%
Oct+3.3%
Nov+1.0%
Dec+6.2%
2012
Jan+13.5%
Feb+5.0%
Mar+3.2%
Apr+0.5%
May-2.2%
Jun-5.1%
Jul+2.7%
Aug+9.1%
Sep+0.9%
Oct+3.1%
Nov+0.4%
Dec-0.6%
2011
Jan+0.2%
Feb+1.1%
Mar-0.1%
Apr+8.7%
May-1.8%
Jun-0.9%
Jul-11.8%
Aug-6.6%
Sep-9.9%
Oct+16.9%
Nov-6.5%
Dec+3.6%
2010
Jan-9.2%
Feb+4.4%
Mar+4.7%
Apr+7.9%
May-9.1%
Jun-10.5%
Jul+5.4%
Aug-5.1%
Sep+14.8%
Oct-2.8%
Nov+4.3%
Dec+12.8%
2009
Jan-6.8%
Feb-14.9%
Mar+12.1%
Apr+6.3%
May-1.6%
Jun+16.6%
Jul+8.6%
Aug+3.1%
Sep+2.9%
Oct+7.5%
Nov+5.9%
Dec-0.7%
2008
Jan-5.8%
Feb-2.7%
Mar-1.1%
Apr+8.4%
May+2.7%
Jun-11.0%
Jul-1.4%
Aug+5.9%
Sep-9.8%
Oct-24.9%
Nov+2.2%
Dec+3.7%
2007
Jan+10.4%
Feb+1.3%
Mar+0.3%
Apr-0.5%
May+2.7%
Jun+3.2%
Jul+1.6%
Aug+5.6%
Sep+3.0%
Oct-4.0%
Nov-3.1%
Dec-3.0%
2006
Jan-4.2%
Feb+1.8%
Mar+12.6%
Apr+6.6%
May-3.3%
Jun-3.7%
Jul-3.7%
Aug-4.0%
Sep+2.7%
Oct+6.8%
Nov-1.5%
Dec-1.7%
2005
Jan-6.1%
Feb+3.2%
Mar+0.1%
Apr-6.4%
May+0.7%
Jun-5.3%
Jul+7.5%
Aug-1.6%
Sep-1.9%
Oct+3.0%
Nov+4.2%
Dec+0.0%
2004
Jan-6.9%
Feb+1.8%
Mar-0.0%
Apr+8.8%
May+4.3%
Jun+7.0%
Jul-5.6%
Aug+0.8%
Sep+2.4%
Oct-1.0%
Nov+2.1%
Dec-1.4%
2003
Jan-6.2%
Feb-2.0%
Mar-2.0%
Apr+10.1%
May-3.0%
Jun+6.5%
Jul+5.8%
Aug+3.8%
Sep-8.0%
Oct+11.0%
Nov+6.1%
Dec+7.8%
2002
Jan+5.4%
Feb+3.1%
Mar-1.3%
Apr-0.4%
May-1.5%
Jun-3.6%
Jul-3.4%
Aug+3.8%
Sep-14.6%
Oct+5.3%
Nov+10.8%
Dec-4.3%
2001
Jan+10.0%
Feb-7.5%
Mar-5.8%
Apr+11.5%
May+8.0%
Jun-7.2%
Jul-0.5%
Aug-0.8%
Sep-13.1%
Oct+5.7%
Nov+7.3%
Dec+10.7%
2000
Jan-13.4%
Feb-11.7%
Mar+7.2%
Apr+16.0%
May-9.4%
Jun-1.6%
Jul+0.5%
Aug-2.1%
Sep+0.1%
Oct-0.6%
Nov+1.3%
Dec+6.2%
1999
Jan+4.0%
Feb+14.0%
Mar-9.8%
Apr+24.4%
May-0.3%
Jun+6.7%
Jul-9.1%
Aug+4.9%
Sep-4.1%
Oct-1.5%
Nov-11.8%
Dec+4.6%
1998
Jan-7.5%
Feb+7.7%
Mar+8.3%
Apr+8.8%
May-6.4%
Jun+1.2%
Jul-16.0%
Aug-13.5%
Sep+12.8%
Oct+17.7%
Nov-0.9%
Dec-8.5%
1997
Jan+2.2%
Feb+3.3%
Mar-2.6%
Apr+11.4%
May+8.9%
Jun+0.6%
Jul+3.9%
Aug-6.7%
Sep+3.0%
Oct-1.0%
Nov+11.5%
Dec+9.9%
1996
Jan+3.9%
Feb+7.4%
Mar-1.7%
Apr+3.9%
May-0.3%
Jun+1.2%
Jul-4.8%
Aug+7.2%
Sep+4.8%
Oct-2.6%
Nov+22.0%
Dec-6.6%
1995
Jan-8.0%
Feb+11.5%
Mar+9.2%
Apr+2.5%
May-0.7%
Jun+10.9%
Jul+7.3%
Aug+3.7%
Sep-3.5%
Oct-1.2%
Nov+9.0%
Dec-6.7%
1994
Jan+9.6%
Feb+1.0%
Mar-5.7%
Apr+2.0%
May-1.1%
Jun-4.4%
Jul+2.9%
Aug+8.1%
Sep-0.7%
Oct+5.2%
Nov-10.0%
Dec+8.5%
1993
Jan+2.8%
Feb+8.8%
Mar-2.3%
Apr+0.6%
May+2.5%
Jun+2.3%
Jul-3.4%
Aug+11.6%
Sep-3.9%
Oct-3.3%
Nov+1.6%
Dec+3.0%
1992
Jan+0.7%
Feb-0.2%
Mar+1.7%
Apr-1.4%
May-0.5%
Jun-4.1%
Jul-0.3%
Aug+2.0%
Sep+8.4%
Oct-5.7%
Nov+2.7%
Dec+1.4%
1991
Jan+12.0%
Feb+2.3%
Mar+0.0%
Apr+0.8%
May+14.8%
Jun-1.0%
Jul-9.6%
Aug+13.4%
Sep+6.5%
Oct-4.1%
Nov-5.4%
Dec+3.2%
1990
Jan-7.1%
Feb+15.6%
Mar+4.9%
Apr+0.3%
May+9.1%
Jun-2.0%
Jul-3.8%
Aug-8.8%
Sep-5.0%
Oct-6.7%
Nov+10.2%
Dec+5.5%
1989
Jan+5.6%
Feb-6.1%
Mar-0.9%
Apr+3.3%
May+5.9%
Jun-0.4%
Jul+9.5%
Aug+11.9%
Sep-4.2%
Oct-5.9%
Nov+1.6%
Dec+9.3%
1988
Jan+1.0%
Feb+9.8%
Mar-4.4%
Apr+8.8%
May-3.4%
Jun+18.6%
Jul-9.7%
Aug-12.0%
Sep+2.3%
Oct-0.9%
Nov-4.2%
Dec+4.3%
1987
Jan+20.9%
Feb+7.3%
Mar+3.4%
Apr+7.5%
May-2.2%
Jun+7.6%
Jul+10.8%
Aug-3.4%
Sep+12.5%
Oct-26.6%
Nov-13.7%
Dec+10.9%
1986
Jan+5.0%
Feb+23.8%
Mar-4.2%
Apr-0.4%
May+22.3%
Jun-6.7%
Jul-5.4%
Aug+23.8%
Sep-7.7%
Oct+22.5%
Nov+3.4%
Dec+3.9%
1985
Jan+24.9%
Feb+1.8%
Mar-5.3%
Apr-4.7%
May+3.0%
Jun-4.3%
Jul+2.5%
Aug-6.8%
Sep-4.7%
Oct-0.5%
Nov+8.8%
Dec+11.2%
1984
Jan-4.1%
Feb-3.7%
Mar-1.9%
Apr+1.3%
May-5.7%
Jun+1.4%
Jul-4.0%
Aug+21.5%
Sep+0.0%
Oct+2.9%
Nov-7.2%
Dec+6.0%
1983
Jan+5.7%
Feb+4.6%
Mar-5.9%
Apr+4.7%
May+9.0%
Jun+15.1%
Jul-0.6%
Aug-8.4%
Sep+0.7%
Oct+5.2%
Nov+9.9%
Dec-3.9%
1982
Jan-7.8%
Feb-0.5%
Mar-1.9%
Apr+2.4%
May+6.5%
Jun+1.8%
Jul-4.7%
Aug+10.0%
Sep+6.4%
Oct+11.9%
Nov+4.4%
Dec+4.2%
1981
Jan+0.5%
Feb+10.8%
Mar+5.8%
Apr+5.0%
May+0.4%
Jun+1.6%
Jul-9.0%
Aug+0.0%
Sep-6.0%
Oct+1.8%
Nov+5.4%
Dec-0.9%
1980
Jan+4.5%
Feb-6.2%
Mar-10.7%
Apr-5.7%
May+9.1%
Jun+3.3%
Jul+13.4%
Aug+0.5%
Sep+1.9%
Oct-0.9%
Nov-0.5%
Dec-5.2%
1979
Jan-2.5%
Feb-5.2%
Mar+9.9%
Apr+7.5%
May-1.4%
Jun+4.2%
Jul-5.9%
Aug+7.7%
Sep-3.6%
Oct-11.6%
Nov+3.7%
Dec+1.0%
1978
Jan-5.3%
Feb-5.6%
Mar+9.9%
Apr+11.4%
May+3.2%
Jun-2.1%
Jul+9.6%
Aug+3.9%
Sep-4.7%
Oct-12.7%
Nov+3.4%
Dec+7.1%
1977
Jan-5.9%
Feb-3.8%
Mar-7.0%
Apr+4.3%
May+1.0%
Jun-7.7%
Jul-0.6%
Aug-1.7%
Sep-5.1%
Oct-3.6%
Nov-1.8%
Dec+6.9%
1976
Jan+16.3%
Feb+16.0%
Mar-4.7%
Apr+1.4%
May-9.4%
Jun+8.4%
Jul-1.8%
Aug-13.0%
Sep+10.6%
Oct-7.7%
Nov-2.1%
Dec+17.6%
1975
Jan+37.8%
Feb-7.5%
Mar+6.4%
Apr+15.8%
May+1.9%
Jun+0.0%
Jul-0.9%
Aug-4.7%
Sep-9.3%
Oct+4.9%
Nov-1.0%
Dec-10.4%
1974
Jan-4.1%
Feb+1.1%
Mar+3.7%
Apr-8.6%
May+7.8%
Jun+12.4%
Jul+6.9%
Aug-24.5%
Sep+1.7%
Oct+12.3%
Nov-18.9%
Dec-17.2%
1973
Jan—
Feb—
Mar—
Apr-4.3%
May-17.4%
Jun+4.5%
Jul+24.9%
Aug-11.9%
Sep+0.0%
Oct+15.8%
Nov-23.8%
Dec-3.4%
Avg
Jan+1.8%
Feb+2.1%
Mar+0.3%
Apr+3.5%
May+0.9%
Jun+1.1%
Jul+1.0%
Aug+0.5%
Sep-0.5%
Oct+1.3%
Nov+1.9%
Dec+1.7%
Median
Jan+0.7%
Feb+1.8%
Mar-0.3%
Apr+3.6%
May+0.7%
Jun+0.6%
Jul+0.5%
Aug+0.5%
Sep+0.0%
Oct-0.4%
Nov+2.7%
Dec+1.4%
Last 5Y Avg
Jan+2.0%
Feb+1.0%
Mar-2.1%
Apr-3.9%
May-1.3%
Jun-0.0%
Jul+5.7%
Aug-0.8%
Sep-4.1%
Oct+3.8%
Nov+5.0%
Dec+0.9%
Std Dev (σ)
Jan9.3%
Feb7.3%
Mar6.1%
Apr6.8%
May6.6%
Jun6.8%
Jul7.4%
Aug8.6%
Sep6.6%
Oct9.5%
Nov7.8%
Dec6.7%
Consistency (μ/σ)
Jan0.20
Feb0.29
Mar0.04
Apr0.52
May0.14
Jun0.17
Jul0.13
Aug0.06
Sep-0.07
Oct0.14
Nov0.24
Dec0.25
Win Rate (%)
Jan55%
Feb64%
Mar43%
Apr70%
May56%
Jun51%
Jul51%
Aug51%
Sep47%
Oct49%
Nov70%
Dec57%
Winning / Losing Months
Jan▲29▼24
Feb▲34▼19
Mar▲23▼30
Apr▲38▼16
May▲30▼24
Jun▲27▼26
Jul▲27▼26
Aug▲27▼26
Sep▲25▼28
Oct▲26▼27
Nov▲37▼16
Dec▲30▼23
Longest Win / Loss Streak
Jan▲5▼4
Feb▲7▼4
Mar▲3▼5
Apr▲9▼5
May▲6▼4
Jun▲6▼4
Jul▲8▼4
Aug▲6▼5
Sep▲4▼4
Oct▲5▼7
Nov▲14▼5
Dec▲11▼4
Best
Jan+37.8%1975
Feb+23.8%1986
Mar+12.6%2006
Apr+24.4%1999
May+22.3%1986
Jun+18.6%1988
Jul+24.9%1973
Aug+23.8%1986
Sep+14.8%2010
Oct+22.5%1986
Nov+22.0%1996
Dec+17.6%1976
Worst
Jan-13.4%2000
Feb-14.9%2009
Mar-14.7%2020
Apr-9.3%2018
May-17.4%1973
Jun-11.8%2022
Jul-16.0%1998
Aug-24.5%1974
Sep-14.6%2002
Oct-26.6%1987
Nov-23.8%1973
Dec-17.2%1974
−26.6%+37.8%
Frequently asked questions
Data & methodology
Illinois Tool Works (ITW) Key Financials
Charts, filings, and peer comparison for every metric
Income Statement
Balance Sheet
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
Overview
Income Statement