Illinois Tool Works Net Income

The latest net income for ITW is $3.2B as of June 2026. That compares with $3.4B in the prior-year period — down 5.1% year over year. That is below the Industrials sector average of $27B. Investors often review this figure alongside Illinois Tool Works's historical trend and sector peers before judging valuation or financial health.

Over the past year, ITW's net income moved from $3.4B to $3.2B — a 5.1% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Illinois Tool Works's operating scale or balance-sheet position.

Against Industrials companies, ITW currently prints $3.2B for net income, while the sector average sits near $27B. That is roughly 88.3% below the sector mean. Large gaps often invite a closer look at Illinois Tool Works's growth, margins, and balance sheet.

A net income figure of $3.2B for ITW is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Industrials average is about $27B. Explore the charts below for those layers of context.

After noting ITW's net income ($3.2B), review year-over-year change from $3.4B, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.