Filing Flows › Illinois Tool Works (ITW) › How it makes money
How Illinois Tool Works (ITW) makes money
Illinois Tool Works (ITW) made $4.2B of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Of every dollar of revenue, 28¢ was left as operating profit, 20¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $4.2B | 100.0% |
| Operating profit | $1.2B | 27.8% |
| Income tax | $276M | 6.5% |
| Net earnings | $855M | 20.2% |
| Operating cash flow | $953M | 22.5% |
| Free cash flow | $851M | 20.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $4.2B | +4% |
| Q2 2026 | $4.3B | +6% |
| Q1 2026 | $4.0B | +5% |
| Q4 2025 | $4.1B | +4% |
| Q3 2025 | $4.1B | +2% |
| Q2 2025 | $4.1B | +0.6% |
| Q1 2025 | $3.8B | -3% |
From Illinois Tool Works' 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does Illinois Tool Works make money?
Illinois Tool Works (ITW) made $4.2B of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Of every dollar of revenue, 28¢ was left as operating profit, 20¢ was left as net earnings.
What is Illinois Tool Works' profit margin?
Net earnings were $855M, 20.2% of revenue, in the third quarter 2026; the operating margin was 27.8%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.