Illinois Tool Works Inc. (ITW) Guidance & Earnings Results

On 2026-07-28 Illinois Tool Works Inc. raised guidance: "FY2026 GAAP EPS raised to $11.35-$11.55 (midpoint $11.45, +$0.15); organic revenue growth raised to 3-4% (midpoint +1.5pp); total revenue growth 4-5%; operating margin 26.5-27.5%; free cash flow >100% of net income;…" — from its own filing, as read by EquiReason.

Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason

ITWIllinois Tool Works Inc.Follow ITW — free

Specialty Industrial Machinery · Industrials

—

Price chart with a free account

Market cap: 78.5B
P/E TTM: 25.0
Dividend yield: 2.3%
52-week: —
Next earnings: 27 Oct, in 3 days

What management guided

each earnings 8-K · figures checked against the filing text

Release	Direction	What they said
28 Jul 26	Raised	FY2026 GAAP EPS raised to $11.35-$11.55 (midpoint $11.45, +$0.15); organic revenue growth raised to 3-4% (midpoint +1.5pp); total revenue growth 4-5%; operating margin 26.5-27.5%; free cash flow >100% of net income; share repurchases ~$1.5B; effective tax rate 23-24% · full year
30 Apr 26	Raised	Full-year 2026 GAAP EPS guidance raised by $0.10 to $11.10-$11.50 (mid-point $11.30, +8% YoY) · full year
3 Feb 26	Raised	EPS $11.00-$11.40 (+7% at midpoint); organic growth 1-3% · full year
24 Oct 25	Reaffirmed	Narrowing full year GAAP EPS guidance range to $10.40 to $10.50 per share · full year
30 Jul 25	Raised	FY25 GAAP EPS raised to $10.35-$10.55 from $10.15-$10.55; revenue growth 1-3%; organic growth flat to 2%; operating margin 26-27%; free cash flow >100% of net income; share repurchase ~$1.5B; effective tax rate ~24% · full year

Illinois Tool Works Inc. — questions

What guidance did Illinois Tool Works Inc. give?: On 2026-07-28: "FY2026 GAAP EPS raised to $11.35-$11.55 (midpoint $11.45, +$0.15); organic revenue growth raised to 3-4% (midpoint +1.5pp); total revenue growth 4-5%; operating margin 26.5-27.5%; free cash flow >100% of net income; share repurchases ~$1.5B; effective tax rate 23-24%"
When does Illinois Tool Works Inc. report earnings?: Illinois Tool Works Inc.'s next earnings report is expected on 2026-10-27.

Every figure on this page comes from Illinois Tool Works Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.

How these figures are read: methodology · EquiReason.

Important information. Figures on this page are taken from filings submitted to the U.S. Securities and Exchange Commission (SEC) and processed automatically by EquiReason. They may contain errors, omissions or delays, and EquiReason makes no representation or warranty as to their accuracy, completeness or timeliness. Always verify figures against the original filing on SEC EDGAR before relying on them.

This page is provided for general information and educational purposes only. It does not constitute investment, financial, legal or tax advice, and it is not a recommendation or an offer to buy, sell or hold any security. It does not take into account your objectives, financial situation or needs. Past performance does not guarantee future results; any reliance on this information is at your own risk. See our Disclaimer and Risk Disclosure.