ITW · Industrials

ILLINOIS TOOL WORKS INC

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-08

Capital Return ProgramImportance 69 · Surprise 50
ITW’s board authorized a new $6 billion share-repurchase program on August 7, 2026. The board also approved a 7% increase in the regular annual cash dividend, from $6.44 to $6.88 per share. The increased fourth-quarter…

News · 2026-08-07

Capital Return ProgramImportance 69 · Surprise 50
ITW’s board authorized a new $6 billion share-repurchase program on August 7, 2026. The board also approved a 7% increase in the regular annual cash dividend, from $6.44 to $6.88 per share. The increased fourth-quarter…
Trade Policy and TariffsImportance 30 · Surprise 42
ITW is using a “produce where we sell” manufacturing strategy to mitigate the effects of tariffs. The approach is intended to reduce cross-border exposure by aligning production with local customer markets. The…

10-Q · 2026-08-06

Capital Return ProgramImportance 76 · Surprise 56
ITW repurchased $1.125 billion of common stock during the six months ended June 30, 2026, compared with $750 million in the prior-year period. The company paid $928 million in cash dividends during the same period and…
Guidance and OutlookImportance 68 · Surprise 42
ITW's 2024–2030 Next Phase enterprise strategy prioritizes above-market organic growth through Customer-Back Innovation, underlying market growth and market-share gains. Management identifies organic growth of 4% or…
Liquidity and Debt PositionImportance 61 · Surprise 32
Total debt increased to $9,694 million at June 30, 2026 from $8,969 million at December 31, 2025, while the trailing-twelve-month total-debt-to-EBITDA ratio rose to 2.0 from 1.9.
Revenue Performance and MixImportance 49 · Surprise 32
Operating revenue increased 6.1% to $4.301 billion in the second quarter of 2026 and 5.4% to $8.317 billion year to date, driven by organic growth, acquisitions and favorable foreign-currency translation. Organic…
Operating Margin DriversImportance 49 · Surprise 32
Consolidated operating income increased 7.4% to $1.147 billion in the second quarter and 7.3% to $2.167 billion year to date. Operating margin expanded 40 basis points to 26.7% in the quarter and 50 basis points to…
Operating Expense TrendsImportance 49 · Surprise 32
Second-quarter selling, administrative, and research and development expense increased 6.1% to $735 million, while year-to-date expense increased 4.1% to approximately $1.5 billion. The expense ratio was 17.1% in the…
End-Market Demand TrendsImportance 49 · Surprise 32
Second-quarter organic revenue increased 4.5%, led by Test & Measurement and Electronics, Welding, and Polymers & Fluids, while product line simplification reduced organic revenue by 60 basis points. North American…
Trade Policy and TariffsImportance 49 · Surprise 68
U.S. tariff policy changed materially during 2026 after the Supreme Court invalidated many tariffs imposed under the International Emergency Economic Powers Act on February 20, 2026. A temporary 10% global tariff under…
Acquisition / Partnership / DivestitureImportance 47 · Surprise 60
ITW completed the acquisition of one Test & Measurement and Electronics business on October 1, 2025. The purchase price was $120 million net of cash acquired and remains subject to closing adjustments. Purchase-price…
Semiconductor Electronics DemandImportance 42 · Surprise 40
Test & Measurement and Electronics organic revenue increased 10.0% in the second quarter and 7.4% year to date, primarily because of higher semiconductor and electronics demand. Test and measurement revenue grew 4.2%…
Welding Market DemandImportance 42 · Surprise 40
Welding organic revenue grew 13.9% in the second quarter and 10.0% year to date, with equipment growth of 18.7% and 13.4%, respectively. North American organic revenue increased 18.5% in the quarter and 13.5% year to…
Revolving Credit FacilityImportance 40 · Surprise 42
On February 20, 2026, ITW entered into a new $3.0 billion five-year revolving credit facility terminating February 20, 2031. The facility replaced the prior $3.0 billion facility scheduled to terminate October 21,…
Liquidity and Cash PositionImportance 37 · Surprise 6
ITW identified free cash flow and short-term credit facilities as its primary liquidity sources as of June 30, 2026. Cash and equivalents totaled $839 million at quarter end. The Company reported no outstanding…
Automotive OEM Market TrendsImportance 37 · Surprise 32
Automotive OEM organic revenue declined 0.4% in the second quarter and 0.6% year to date, compared with worldwide auto-build declines of flat and 1%, respectively. European organic revenue fell 5.3% in the quarter and…
Food Equipment Demand WeaknessImportance 31 · Surprise 32
Food Equipment organic revenue was flat in the second quarter and declined 1.3% year to date. Equipment revenue decreased 2.4% in the quarter and 4.1% year to date, while service revenue grew 5.0% and 4.1%,…
Income Tax Rate ChangesImportance 28 · Surprise 42
ITW recorded a $34 million discrete tax benefit in the first quarter of 2026, primarily related to resolution of a U.S. tax audit. Excluding that benefit, the effective tax rate for the six months ended June 30, 2026…

News · 2026-08-06

Capital Return ProgramImportance 69 · Surprise 50
ITW’s board authorized a new $6 billion share-repurchase program on August 7, 2026. The board also approved a 7% increase in the regular annual cash dividend, from $6.44 to $6.88 per share. The increased fourth-quarter…
Guidance / OutlookImportance 47 · Surprise 60
Illinois Tool Works upgraded its full-year 2026 outlook after strong second-quarter results. Third-party reporting says the revised outlook includes higher GAAP EPS and improved operating margins, supported by…
Revenue Performance and MixImportance 43 · Surprise 32
ITW reported second-quarter 2026 operating revenue of $4,301 million, up 6.1% year over year. Revenue growth reflected organic expansion, acquisitions, and favorable foreign-currency translation. Test & Measurement,…
Operating Margin DriversImportance 20 · Surprise 24
Second-quarter 2026 operating margin improved to 26.7%. The margin expansion accompanied revenue growth from organic expansion, acquisitions, and favorable foreign-currency translation. Enterprise efficiency…
End-Market Demand TrendsImportance 17 · Surprise 24
ITW executives cited sustained manufacturing-sector growth supported by investment in energy, infrastructure, data centers, and advanced manufacturing. Demand momentum was described as strongest in…

News · 2026-08-05

Capital Return ProgramImportance 69 · Surprise 50
ITW’s board authorized a new $6 billion share-repurchase program on August 7, 2026. The board also approved a 7% increase in the regular annual cash dividend, from $6.44 to $6.88 per share. The increased fourth-quarter…

News · 2026-08-04

Capital Return ProgramImportance 69 · Surprise 50
ITW’s board authorized a new $6 billion share-repurchase program on August 7, 2026. The board also approved a 7% increase in the regular annual cash dividend, from $6.44 to $6.88 per share. The increased fourth-quarter…
Guidance / OutlookImportance 47 · Surprise 60
Illinois Tool Works upgraded its full-year 2026 outlook after strong second-quarter results. Third-party reporting says the revised outlook includes higher GAAP EPS and improved operating margins, supported by…
Revenue Performance and MixImportance 43 · Surprise 32
ITW reported second-quarter 2026 operating revenue of $4,301 million, up 6.1% year over year. Revenue growth reflected organic expansion, acquisitions, and favorable foreign-currency translation. Test & Measurement,…
End-Market Demand TrendsImportance 17 · Surprise 24
ITW executives cited sustained manufacturing-sector growth supported by investment in energy, infrastructure, data centers, and advanced manufacturing. Demand momentum was described as strongest in…
Manufacturing Growth OutlookImportance 17 · Surprise 24
ITW executives cited investment in energy, infrastructure, data centers, and advanced manufacturing as tailwinds for sustained manufacturing-sector growth. Industry reporting characterized the expansion as potentially…