Filing Flows › Illinois Tool Works (ITW) › Q4 2025
Illinois Tool Works (ITW) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 13, 2026
Illinois Tool Works (ITW) reported revenue of $4.1B for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and +0.8% from the quarter before. Operating margin was 26.5%, net earnings $790M (19.3% of revenue).
Illinois Tool Works, Q4 2025: revenue $4.1B (+4% year over year), operating margin 26.5%, net earnings $790M, operating cash flow $963M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.1B | +0.8% | +4% |
| Operating profit | $1.1B | -2% | +5% |
| Net earnings | $790M | -4% | +5% |
| Operating cash flow | $963M | -6% | -14% |
| Free cash flow | $858M | — | -14% |
What changed
Revenue was $4.1B in Q4 2025, up 4% year over year and up 1% from the previous quarter.
Operating profit was $1.1B, a 26.5% margin (up 0.3 points year over year). Of the extra revenue versus a year earlier, 34% reached operating profit, above the 26% margin then. Total costs grew 4% against revenue growth of 4%. Net earnings were $0.79B, up 5% year over year. The effective tax rate was 22.9%.
Operating cash flow was $1.0B (down 14% year over year), 122% of net earnings. Non-cash charges added back $0.08B of depreciation and $0.02B of share-based compensation. Working capital and other items added $0.07B. After additions to plant and equipment ($0.10B), free cash flow as the company reports it was $0.86B.
Questions
What was Illinois Tool Works' revenue in the fourth quarter 2025?
Illinois Tool Works (ITW) reported revenue of $4.1B for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and +0.8% from the quarter before.
Was Illinois Tool Works profitable in the fourth quarter 2025?
Operating profit was $1.1B (26.5% of revenue) and net earnings $790M.