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ILLINOIS TOOL WORKS INC (ITW)

SEC filings, insider trading & institutional ownership from EDGAR.

NYSEIndustrialsMachinery

Illinois Tool Works Inc. (ITW) is a global manufacturer of a diversified range of industrial products and equipment, founded in 1912 and incorporated in 1915. It operates 88 divisions in 49 countries and employed approximately 43,000 people at December 31, 2025. Its core operating model combines the proprietary 80/20 Front-to-Back process, customer-back innovation and a decentralized, entrepreneurial culture. The company holds approximately 4,200 unexpired U.S. patents and 10,400 unexpired foreign patents, with about 21,800 granted and pending patents in total.

ITW reports seven segments. Automotive OEM makes plastic and metal components, fasteners and assemblies for automobiles, light trucks and other industrial uses. Food Equipment makes warewashing, cooking, refrigeration and food processing equipment, kitchen exhaust and ventilation systems, and provides service, maintenance and repair. Test & Measurement and Electronics produces equipment, consumables and software for testing materials, structures, gases and fluids, plus electronic assembly equipment, components, static control products and pressure sensitive adhesives. Welding makes arc welding equipment, metal arc consumables and accessories. Polymers & Fluids supplies adhesives, sealants, lubrication and cutting fluids, coatings, cleaners, and auto aftermarket maintenance and appearance products. Construction Products supplies fasteners and fastening tools, concrete anchors, metal plate truss components and packaged hardware for retail. Specialty Products makes beverage packaging equipment and consumables, conveyor systems, product coding and marking equipment, appliance components, airport ground support equipment and medical device components. Well-known brands include Hobart, Instron, MTS, Miller, Rain-X, Permatex, Paslode and Hi-Cone.

ITW serves highly diverse end markets and geographies. These include automotive OEMs and tiers, food service and retail, electronics, general industrial, energy, industrial capital goods, consumer durables, automotive aftermarket, MRO, residential and commercial construction, renovation and remodel, food and beverage, airlines, and printing and publishing. Products are distributed primarily directly to industrial manufacturers and through independent distributors. Backlog is not considered a significant factor because delivery periods are short and inventory turns quickly.

Raw materials, mainly steel, resins and chemicals, are available from numerous commercial sources. Competitors vary by product line, end market and geography and include regional and specialized companies as well as large U.S. and non-U.S. firms. In Welding, the company names Lincoln Electric Holdings, Inc. and ESAB Corporation as global competitors. ITW differentiates itself on product innovation, quality, brand preference, service delivery and technical capability. It actively manages its portfolio through divestitures and selective acquisitions, including three Test & Measurement and Electronics acquisitions in 2024 and 2025 and the 2024 sale of its Wilsonart equity interest for $398 million.

AI-summarized from Item 1 (Business) of the company’s most recent 10-K filing.

RevenueFY2025
$16.04B
▲ 0.9%YoY
Net incomeFY2025
$3.07B
▼ 12.1%YoY
Diluted EPSFY2025
$10.49
▼ 10.4%YoY
Gross margin
52.9%
▲ 73 bpsYoY
Insider net6 mo
−2.5K
shares3 sells1 buys
Institutions
55
$37.17B held

Financials

As reported to the SEC via XBRL, no adjustments

All financials →
Revenue & net income
$5B$10B$15B$20B
FY2022FY2023FY2024FY2025
RevenueNet income
FY2025 highlightsfrom 10-K
Gross profit$8.49B
Operating income$4.22B
Diluted EPS$10.49
Gross margin52.9%
Net margin19.1%

Latest filings

10-K, 10-Q, 8-K, Form 4 & 13D/G. Sourced directly from SEC EDGAR

All filings →
FormFiledAccession
4SANTI ERNEST SCOTTNov 6, 2026EDGAR
10-QOct 28, 2026EDGAR
8-KOct 27, 2026EDGAR
4SANTI ERNEST SCOTTAug 21, 2026EDGAR
4Pigozzo Matteo C.Aug 17, 2026EDGAR
8-KAug 13, 2026EDGAR
4Scanlon Jennifer F.Aug 11, 2026EDGAR
4SMITH DAVID BYRON JRAug 11, 2026EDGAR

Insider trading

From Form 4 filings

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InsiderDateType
SANTI ERNEST SCOTTNov 4, 2026Gift
SANTI ERNEST SCOTTNov 4, 2026Sell
SANTI ERNEST SCOTTNov 4, 2026Option exercise
SANTI ERNEST SCOTTAug 19, 2026Sell
SANTI ERNEST SCOTTAug 19, 2026Option exercise

Top holders

13F & 13D/G • latest quarter

All →
HolderStakeFiledValue
BlackRock, Inc.8.2%Aug 7, 2026$6.3B
Vanguard Capital Management6.2%Aug 13, 2026$4.73B
STATE STREET CORPORATION4.5%Sep 22, 2026$3.48B
NORTHERN TRUST CORP3.9%Aug 13, 2026$2.99B
Vanguard Portfolio Management2.4%Aug 13, 2026$1.88B

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Peers identified from ITW's own SEC filings.

Data as of Nov 9, 2026Source: SEC EDGAR.