ITW
Illinois Tool WorksPrevious close
278.55
Change
−2.85 / −1.01%
P/E (TTM) ?
24.6
Market Cap
$79.9B
1M
+8.27%
S&P 500 −0.91% over same period
Volume / Avg Volume
1.7M / 1.4M
1.18× average
Latest earnings analysisFY2026 Q2Reported 2026-07-28
Illinois Tool Works Q2 2026: EPS up 10.1%, guidance raised, record profit
ITW posted its most profitable quarter ever and raised full-year guidance, an unambiguously good report: revenue rose 6.1% to $4.30 billion, GAAP EPS rose 10.1% to $2.84, and free cash flow jumped 41% to $631 million. Read it as solid execution plus two capex-heavy segments, Welding and Test & Measurement and Electronics, doing the heavy lifting; the rest of the portfolio grew only modestly.
Read the full analysis →Revenue$4.30BYoY +6.10%
EPS$2.84Beatest. $2.82
Next-day move−0.92%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-28 | $4.3B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-30 | $4.0B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-03 | $16.0B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-24 | $4.1B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-30 | $4.1B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-30 | $3.8B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 63 of its 5-year rangeMid-range
5-year range 21.4 – 27.2 · Median 23.9
Last 4 quarters: $1.7B in buybacks + $1.9B in dividends, 4.43% of market cap combined
P/E (TTM)
24.6
P/B
25.3
P/S
4.8
Dividend Yield
2.32%
Earnings Reaction
Over the last 6 reports, the stock moved ±1.2% on average on the first trading day after, rising 3 times
Most recent −0.92%
Volatility & Correlation
1-year beta 0.47 · Correlation with S&P 500 0.28Low beta
Annualized volatility 21% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 2 · $12.0MNet selling $12.0M
- 08-19SANTI ERNEST SCOTTDirectorSell$11.9M41,431 shares · 4 trades · Avg price 287.09
- 08-13Pigozzo Matteo C.VP & Chief Accounting OfficerSell$0.08M277 shares · Avg price 289.22
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 4.24 | +4.4% | 53.6% | — | 3.00 |
| FY2026 Q2 | 4.30 | +6.1% | 52.7% | — | 2.84 |
| FY2026 Q1 | 4.02 | +4.6% | 53.0% | — | 2.66 |
| FY2025 Q4 | 4.09 | +4.1% | 53.0% | — | 2.72 |
| FY2025 Q3 | 4.06 | +2.3% | 53.2% | — | 2.81 |
| FY2025 Q2 | 4.05 | +0.6% | 52.8% | — | 2.58 |
| FY2025 Q1 | 3.84 | −3.4% | 52.6% | — | 2.38 |
| FY2024 Q4 | 3.93 | −1.3% | 52.1% | — | 2.53 |
| FY2024 Q3 | 3.97 | −1.6% | 52.5% | — | 3.91 |
| FY2024 Q2 | 4.03 | −1.2% | 52.3% | — | 2.54 |
| FY2024 Q1 | 3.97 | −1.1% | 51.7% | — | 2.73 |
| FY2023 Q4 | 3.98 | +0.3% | 76.4% | — | 2.38 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| ITW | 24.6 | +4.4% | 53.6% | +8.27% | Bullish |
| SPCX | — | +161.4% | 62.4% | −10.70% | Bullish |
| CAT | 26.8 | +24.0% | 37.8% | −23.19% | Bullish |
| GE | 35.1 | +15.9% | — | −3.36% | Bullish |
| RTX | 32.0 | +11.1% | — | +7.62% | Bullish |
| GEV | 22.8 | +26.8% | 24.6% | −9.74% | Bullish |
| UNP | 23.6 | +15.3% | — | +11.71% | Bullish |
| DE | 36.7 | +4.9% | — | +0.59% | Bullish |
| ETN | 38.6 | +21.4% | 33.5% | −13.90% | Bullish |