Business Description

Illinois Tool Works Inc. (ITW) is a diversified industrial manufacturing company headquartered in Glenview, Illinois, United States, and founded in 1912. The company delivers engineered technology solutions and specialty products across sectors such as automotive, construction, and food processing. Under CEO Mark D. Schneider’s leadership since 2019, ITW has bolstered its market position through strategic acquisitions and operational efficiencies. It continues to drive growth by investing in digital transformation and sustainability initiatives.

Everything on Illinois Tool Works Inc.

Revenue (FY2025) $16.04B
YoY growth +0.9%
Operating margin 26.3%
Direction Expanding
Gross margin 44.1%
Net margin 19.1%

Earnings Transcripts

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Leadership & board

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Christopher A. O'Herlihy — President & Chief Executive Officer; Director View full profile ↗ E. Scott Santi — Non-Executive Chairman of the Board; Director View full profile ↗ Daniel J. Brutto — Director View full profile ↗ Susan Crown — Director View full profile ↗ Darrell L. Ford — Director View full profile ↗ Kelly J. Grier — Director View full profile ↗ James W. Griffith — Director View full profile ↗ Jay L. Henderson — Director View full profile ↗ Jaime Irick — Director View full profile ↗ Richard H. Lenny — Independent Lead Director; Director View full profile ↗ Jennifer F. Scanlon — Director Nominee View full profile ↗ David B. Smith, Jr. — Director View full profile ↗ Pamela B. Strobel — Director View full profile ↗ Axel R.J. Beck — Executive Vice President View full profile ↗ T. Kenneth Escoe — Executive Vice President View full profile ↗ Javier Gracia Carbonell — Executive Vice President View full profile ↗ Patricia A. Hartzell — Executive Vice President View full profile ↗ Michael M. Larsen — Senior Vice President & Chief Financial Officer View full profile ↗ Mary K. Lawler — Senior Vice President & Chief Human Resources Officer View full profile ↗ Christopher P. Rauch — Senior Vice President, General Counsel & Secretary View full profile ↗ Randall J. Scheuneman — Vice President & Chief Accounting Officer View full profile ↗ Guilherme Silva — Executive Vice President View full profile ↗ Sharon A. Szafranski — Executive Vice President View full profile ↗ Mark A. Thibeault — Executive Vice President View full profile ↗ Matteo C. Pigozzo — Vice President & Chief Accounting Officer (effective July 1, 2026) View full profile ↗
Illinois Tool Works acquires Test & Simulation business of MTS Systems Corporation (MTS) — Test & Measurement and Electronics · 2021 View full deal ↗ Illinois Tool Works acquires ZF TRW Engineered Fasteners and Components business (EF&C) — Automotive OEM · 2016 View full deal ↗ Illinois Tool Works acquires Click Commerce, Inc. — Supply/demand chain management software · 2006 View full deal ↗ Illinois Tool Works acquires Trident International, Inc. — Specialty Systems (industrial ink-jet marking and coding) View full deal ↗ Illinois Tool Works acquires Foilmark, Inc. — Specialty graphics / decorating products · 2001 View full deal ↗ Illinois Tool Works acquires Premark International, Inc. — Food Equipment; Decorative Surfaces; Consumer Products · 1999 View full deal ↗ Illinois Tool Works acquires Instron Corporation — Test & Measurement (materials and mechanical testing) View full deal ↗

Share Repurchase Program

Total authorized
$5.0B
Remaining (Mar 2026)
$1.6B
Latest FY repurchased
$1.5B

Named Competitors

Lincoln Electric Holdings, Inc.ESAB Corporation

Customer Concentration

No single customer accounted for more than 5% of consolidated revenues for the twelve months ended December 31, 2025, 2024 or 2023.

Recent SEC Filings

2026-05-22 Leadership change (directors/officers) View filing ↗
2026-05-12 Shareholder vote results View filing ↗
2026-04-30 Reported quarterly results View filing ↗
2026-02-23 Entered a material agreement (+2 more) View filing ↗
2026-02-03 Reported quarterly results View filing ↗
2025-10-24 Reported quarterly results View filing ↗
2025-07-30 Reported quarterly results View filing ↗
2025-05-07 Shareholder vote results View filing ↗
2025-04-30 Reported quarterly results View filing ↗
2025-02-27 Entered a material agreement View filing ↗
2025-02-05 Reported quarterly results View filing ↗
2024-10-30 Reported quarterly results View filing ↗

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