Every 10-Q that Illinois Tool Wk (ITW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ITW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ITW filings page.
Illinois Tool Works Inc. reported higher results for the quarter and six months ended June 30, 2026. Operating revenue reached $4,301 million in the quarter and $8,317 million year-to-date, up from $4,053 million and $7,892 million in 2025. Quarterly operating income rose to $1,147 million, with operating margin improving to 26.7%; year-to-date operating margin was 26.1%, up from 25.6%.
Net income for the quarter was $815 million and $1,583 million year-to-date. Diluted EPS increased to $2.84 in the quarter and $5.50 for the first half, compared with $2.58 and $4.95 a year earlier. Growth was broad-based, led by Test & Measurement and Electronics, Welding, and Polymers & Fluids, while Food Equipment and Specialty Products saw margin pressure from mix and price/cost.
Cash generation remained strong: net cash from operating activities was $1,346 million and free cash flow $1,159 million for the first half. The company ended the period with $839 million in cash and $9,694 million in total debt, and repurchased 4.3 million shares for about $1.1 billion while paying $928 million in dividends.
Illinois Tool Works reported higher first-quarter 2026 results, with operating revenue of $4,016 million up from $3,839 million and net income of $768 million up from $700 million. Diluted EPS rose to $2.66 from $2.38 as operating margin improved to 25.4% from 24.8%, helped by enterprise initiatives and lower restructuring costs. Cash from operations was $623 million and free cash flow reached $528 million after $95 million of capital spending. The company repurchased 1.4 million shares for $375 million and paid $465 million in dividends, while total debt increased slightly to $9,148 million and cash stood at $827 million. Management reported an after-tax return on average invested capital of 27.1% and maintained strong segment profitability across its seven diversified industrial businesses.
Illinois Tool Works (ITW) reported solid Q3 results with operating revenue of $4,059 million, up 2.3% year over year, and operating income of $1,112 million, up 5.7%. Operating margin expanded to 27.4% from 26.5% as enterprise initiatives offset higher employee-related costs.
Diluted EPS was $2.81 versus $3.91 a year ago; the prior year included a sizable gain tied to the Wilsonart transaction. Segment performance was broad-based: Automotive OEM, Welding, Specialty Products, and Food Equipment grew, while Polymers & Fluids, Construction Products, and Test & Measurement and Electronics were softer. Year-to-date operating cash flow was $2,163 million.
The company repurchased ~1.5 million shares for $375 million in Q3 and declared dividends of $1.61 per share. Debt totaled $8,942 million, reflecting Euro note issuances and an amended Euro Credit Agreement now maturing as late as 2027. Shares outstanding were 290.1 million as of September 30, 2025.