Illinois Tool Works Inc.

Illinois Tool Works Inc. (ITW) filed its 10-K for the fiscal year ended December 31, 2025, reporting solid financial performance. The company generated Operating Revenue of $16.04B and Net Income of $3.07B, resulting in a Diluted Earnings Per Share of $10. Operating Income stood at $4.22B, reflecting an Operating Margin of approximately 26.3%. The company demonstrated strong cash generation capabilities, with Net Cash Provided by Operating Activities totaling $3.13B. After capital expenditures of $419.0M, Free Cash Flow remained robust at approximately $2.71B. ITW returned significant capital to shareholders, paying $1.78B in cash dividends and repurchasing $1.50B of common stock. The balance sheet shows Total Assets of $16.15B against Total Liabilities and Stockholders' Equity of $16.15B, with Total Stockholders' Equity at $3.23B. The company maintained a disciplined cost structure, with Cost of Revenue at $8.97B and SG&A expenses at $2.78B. Interest expense was reported at $292.0M, with Income Taxes totaling $900.0M.

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