Every 8-K 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 8-K covers material events a company has to report between its quarterly 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. entered into an underwriting agreement with a syndicate of underwriters, led by Citigroup Global Markets Inc. and J.P. Morgan Securities LLC, for a new debt offering. The company then issued $1.5 billion aggregate principal amount of 4.650% notes due 2029 under its automatic shelf registration on Form S-3 ASR.
The notes were issued pursuant to an existing Indenture and related supplemental documents and will mature on August 13, 2029. They bear interest at 4.650% per annum, payable semi-annually in arrears on February 13 and August 13 of each year, starting February 13, 2027. According to the prospectus, Illinois Tool Works intends to use the net proceeds primarily to repay indebtedness under its commercial paper program, with any remaining funds for general corporate purposes, including potential repayment of other outstanding debt.
Illinois Tool Works Inc. reported strong second quarter 2026 results and raised its full year 2026 outlook. Q2 revenue was $4.30 billion, up 6.1% with 4.5% organic growth, led by 6.4% growth in North America. Operating income rose to $1.15 billion, and operating margin expanded 40 basis points to 26.7%, the most profitable quarter in the company’s history. GAAP diluted EPS increased 10.1% to $2.84.
Operating cash flow was $723 million and free cash flow $631 million, up 41% with 77% conversion of net income. ITW raised 2026 GAAP EPS guidance to $11.35–$11.55 per share and now expects total revenue growth of 4–5% and organic growth of 3–4%, operating margin of 26.5–27.5%, free cash flow above 100% of net income, and about $1.5 billion of share repurchases.
Illinois Tool Works Inc. announced a planned leadership transition in its accounting function. Vice President & Chief Accounting Officer and Principal Accounting Officer Randall J. Scheuneman will step down from his role effective June 30, 2026 and retire from the company effective March 1, 2027, remaining as an advisor until then. The company states his retirement is not due to any disagreement regarding financial statements, internal control over financial reporting, operations, policies, or practices.
Matteo C. Pigozzo, age 55, will become Vice President & Chief Accounting Officer and Principal Accounting Officer effective July 1, 2026, as part of long-term succession planning. He has held progressively senior roles since joining in 2006 and most recently served as Vice President & Corporate Controller. The filing notes no material changes to his compensation, no selection through special arrangements, no family relationships with directors or executives, and no related-party transactions requiring disclosure.
Illinois Tool Works Inc. reported the results of its 2026 Annual Meeting of Stockholders. Stockholders elected 13 directors to one-year terms, with each nominee receiving over 222 million votes in favor; the highest support was for Jennifer F. Scanlon with 234,039,003 votes for.
Stockholders approved, on an advisory basis, the compensation of the named executive officers, with 223,001,149 votes for and 10,219,974 against. They also ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for 2026, with 245,595,971 votes for.
A non-binding stockholder proposal regarding directors who fail to obtain a majority vote did not pass, receiving 26,694,895 votes for and 206,272,860 against.
Illinois Tool Works reported first quarter 2026 revenue of $4.02 billion, up 4.6%, with organic growth of 0.4%. GAAP earnings per share rose 12% to $2.66 as operating income increased to $1.02 billion and operating margin expanded 60 basis points to 25.4%.
Free cash flow was $528 million on operating cash flow of $623 million, a 69% conversion of net income. The company repurchased $375 million of its shares and raised full year 2026 GAAP EPS guidance by $0.10 to a range of $11.10 to $11.50, projecting 2–4% revenue growth and operating margin of 26.5–27.5%.
Illinois Tool Works Inc. entered into a new $3.0 billion, five-year revolving credit agreement with JPMorgan Chase Bank as Agent and Citibank as Syndication Agent, replacing its prior revolver that was scheduled to terminate on October 21, 2027. As of February 20, 2026, no amounts were outstanding under either the new or old facility.
Borrowings in U.S. dollars may bear interest at a floating base rate, Term SOFR for one, three or six months plus a margin, or a competitive bid rate. For other currencies, borrowing can be tied to a risk-free floating rate plus margin, a benchmark rate, or a competitive bid rate. The applicable margin ranges from 0.625% to 1.00%, with an unused commitment fee between 0.045% and 0.09%, both depending on the company’s credit rating.
The agreement allows the company to request an increase in total commitments up to $5.0 billion, at the lenders’ discretion, and includes customary covenants, representations, events of default, and a minimum interest coverage covenant. The prior credit agreement dated October 21, 2022, as amended, was terminated in connection with this new facility.
Illinois Tool Works Inc. filed an 8-K to note it has announced its 2025 fourth quarter results in a press release furnished as Exhibit 99.1. That release contains the detailed financial figures.
The company explains its use of several non-GAAP measures. It defines free cash flow as net cash provided by operating activities minus additions to plant and equipment, describing this as a way to show cash available for dividends, share repurchases, acquisitions and debt repayment. It also highlights an after-tax return on average invested capital metric, which compares operating income after taxes to average invested capital, excluding cash and debt.
In addition, the company presented diluted net income per share for the twelve months ended December 31, 2024 excluding the cumulative effect of a change in inventory accounting method and the impact of selling its noncontrolling interest in Wilsonart International Holdings LLC, with reconciliations for these non-GAAP measures included in the press release.
Illinois Tool Works (ITW) furnished an update on its business by announcing its third‑quarter 2025 results, disclosed in a press release furnished as Exhibit 99.1.
The company highlighted several non‑GAAP measures used to evaluate performance. Free cash flow is defined as net cash provided by operating activities less additions to plant and equipment. After‑tax ROIC is defined as operating income after taxes divided by average invested capital and is annualized in interim periods; it excludes net discrete tax benefits of $27 million in Q3 2025 and $21 million in Q1 2025, and excludes $121 million of net discrete tax benefits in Q3 2024 for comparability. The company also presented diluted EPS for 2024 periods excluding the sale of its noncontrolling interest in Wilsonart International Holdings LLC and the cumulative effect of a change in inventory accounting method.
Form 8-K (dated 30 Jul 2025) reports that Illinois Tool Works (ITW) released its Q2 2025 results via the press release furnished as Exhibit 99.1. The filing itself does not repeat revenue, EPS or cash-flow figures, directing investors to the exhibit for full detail.
Management reiterates two principal non-GAAP metrics: Free Cash Flow—defined as operating cash flow minus capex—to evaluate capacity for dividends, buybacks, acquisitions and debt pay-downs; and After-tax ROIC—operating income after taxes divided by average invested capital—to measure capital efficiency. Reconciliations to the nearest GAAP measures are provided in the press release.
The company also discloses adjustments that exclude discrete tax benefits of $21 million (Q1-25) and $121 million (Q3-24), plus effects from an inventory accounting change and the Wilsonart stake sale, to enhance comparability of trailing twelve-month diluted EPS.