ITW · News · 20260806N

Operating Margin Drivers

ILLINOIS TOOL WORKS INC · 2026-08-06 · Importance 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 initiatives were cited as a driver of improved profitability. ITW also highlighted customer-backed innovation and momentum in higher-growth segments as contributors to the quarter’s performance.

Key facts

• Q2 operating revenue: $4,301 million. source
• Operating margin in Q2 improved to 26.7%. source
• Operating performance was driven by organic growth, acquisitions, and favorable foreign currency translation. source