About Illinois Tool Works Inc. Common Stock Company overview from Wikipedia

Illinois Tool Works Inc. (ITW) is an American Fortune 500 company that produces engineered fasteners and components, equipment and consumable systems, and specialty products. It was founded in 1912 by Byron L. Smith and has built its growth on a "small-wins strategy" based on decentralization, simplicity, customer-focused innovation, and acquisitions.

Wynn's

Wynn's International was begun by a 70-year-old retired attorney, Chestein Wynn, in a garage in San Gabriel, California, making a product to reduce friction in engines. On May 28, 1947 , Carl Wynn incorporated Wynn Oil Company at 1222 Duarte Road, San Gabriel, California

ITW subsidiaries

ITW comprises a number of subsidiaries. Notable brands include Hobart, Miller Electric, Paslode, Foster Refrigerator, Brooks Instrument, and Permatex adhesives. In August 2018, U.S. Tax Court Judge Albert G. Lauber determined that ITW owed no tax on over $356 million in repatriated funds from its foreign subsidiaries because the transactions had been sufficiently structured as debt.

Illegal exports

The United States Department of Commerce imposed a $142,000 civil penalty on Illinois Tool Works in 2000, to settle allegations that the company illegally exported chemicals to Brazil on seven occasions between March 1994 and October 1997 without the required licenses and making false or misleading statements on Shipper's Export Declarations. Illinois Tool Works agreed to pay the penalty. $37,000 was suspended as part of the settlement. The chemicals exported can be used for commercial purposes and in the making of chemical weapons as well.

== Gallery ==

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

ITW Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price

$287.32

Market Cap

$82.92B

P/E (TTM)

27.4

EPS (TTM)

$10.49

Revenue (TTM)

$16.04B

Div Yield

2.2%

ROE

95.3%

Debt/Equity

2.8

52W Range

$239 – $303

ITW Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $16.04B

2017-12-31 → 2025-12-31

EPS $10.49

2017-12-31 → 2025-12-31

Free Cash Flow $2.71B

2017-12-31 → 2025-12-31

Margins 19.1%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric

5Y trend

ITW

Peer Median

P/E (TTM)

27.4

29.6

P/S (TTM)

5.2

4.4

P/B

25.7

3.6

EV / EBITDA

21.6

—

Price / FCF

30.6

—

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric

5Y trend

ITW

Peer Median

Operating Margin

26.3%

—

Net Profit Margin

19.1%

12.7%

ROA

19.6%

7.4%

ROE

95.3%

13.9%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric

5Y trend

ITW

Peer Median

Debt / Equity

2.8

—

Current Ratio

1.2

1.5

Quick Ratio

0.8

—

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric

5Y trend

ITW

Peer Median

Revenue YoY

0.92%

—

Revenue CAGR 3Y

0.23%

—

Revenue CAGR 5Y

5.0%

—

EPS YoY

-10.4%

—

Net Income YoY

-12.1%

—

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric

5Y trend

ITW

Peer Median

EPS (Diluted)

$10.49

—

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric

5Y trend

ITW

Peer Median

Payout Ratio

58.2%

—

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield

2.2%

Payout Ratio

58.2%

5Y Div CAGR

—

Ex-date	Amount
June 30, 2026	$1.6100
March 31, 2026	$1.6100
Dec. 31, 2025	$1.6100
Sept. 30, 2025	$1.6100
June 30, 2025	$1.5000
March 31, 2025	$1.5000
Dec. 31, 2024	$1.5000
Sept. 30, 2024	$1.5000
June 28, 2024	$1.4000
March 27, 2024	$1.4000
Dec. 28, 2023	$1.4000
Sept. 28, 2023	$1.4000
June 29, 2023	$1.3100
March 30, 2023	$1.3100
Dec. 29, 2022	$1.3100
Sept. 29, 2022	$1.3100
June 29, 2022	$1.2200
March 30, 2022	$1.2200
Dec. 30, 2021	$1.2200
Sept. 29, 2021	$1.2200

ITW Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

HOLD 24 analysts

Strong Buy 1 4.2%
Buy 1 4.2%
Hold 13 54.2%
Sell 7 29.2%
Strong Sell 2 8.3%

12-Month Price Target

14 analysts · 2026-08-13

Median $300.00

Now $287.32

Low $249.00

High $350.00

Median target $300.00 +4.4%

Mean target $301.79 +5.0%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise

0.03%

Period	EPS Actual	EPS Est	Surprise
June 30, 2026	$2.84	$2.82	0.02%
March 31, 2026	$2.66	$2.59	0.07%
Dec. 31, 2025	$2.72	$2.71	0.01%
Sept. 30, 2025	$2.81	$2.74	0.07%
June 30, 2025	$2.58	$2.59	-0.01%
March 31, 2025	$2.38	$2.37	0.01%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker	Market Cap	P/E	Rev YoY	Net Margin	ROE	Gross Margin
ITW	$71.08B	23.5	0.92%	19.1%	95.3%	—
PH	—	25.8	-0.40%	17.8%	27.4%	—
IR	$30.98B	54.6	5.8%	7.6%	5.7%	43.6%
DOV	—	24.6	4.5%	13.5%	14.7%	39.8%
OTIS	—	25.0	1.2%	9.6%	-27.0%	—
XYL	$33.17B	34.7	5.5%	10.6%	8.6%	38.5%
SYM	$30.81B	-325.9	25.7%	-0.75%	-8.1%	18.8%
SNA	—	18.3	0.93%	19.7%	18.0%	—
ITT	—	28.4	8.5%	12.4%	14.2%	35.4%
FTV	$17.30B	31.9	1.9%	13.9%	7.0%	63.5%
RBC	$17.42B	58.6	14.3%	15.4%	8.8%	44.4%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 15

Annual Income Statement data for ITW
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$16.04B	$15.90B	$16.11B	$15.93B	$14.46B	$12.57B	$14.11B	$14.77B	$14.31B	$13.60B	$13.40B	$14.48B
Cost of Revenue	$8.97B	$8.86B	$9.32B	$9.43B	$8.49B	$7.38B	$8.19B	$8.60B	$8.31B	$7.91B	$7.89B	$8.67B
R&D Expense	$302M	$292M	$284M	$269M	$239M	$214M	$221M	$233M	$225M	$223M	$218M	$227M
Operating Income	$4.22B	$4.26B	$4.04B	$3.79B	$3.48B	$2.88B	$3.40B	$3.58B	$3.48B	$3.06B	$2.87B	$2.89B
Interest Expense	·	·	$266M	$203M	$202M	$206M	$221M	$257M	$260M	$237M	$226M	$250M
Interest Income	$40M	$44M	$51M	$22M	$12M	$17M	$29M	$35M	$45M	$38M	$52M	$65M
Other Non-op	$-5M	$-1M	$1M	$-1M	$-4M	$-5M	$5M	$6M	$-1M	$-2M	$5M	$-5M
Pretax Income	·	·	$3.82B	$3.84B	$3.33B	$2.70B	$3.29B	$3.39B	$3.27B	$2.91B	$2.72B	$2.70B
Income Tax	$900M	$934M	$866M	$808M	$632M	$595M	$767M	$831M	$1.58B	$873M	$820M	$809M
Net Income	$3.07B	$3.49B	$2.96B	$3.03B	$2.69B	$2.11B	$2.52B	$2.56B	$1.69B	$2.04B	$1.90B	$2.95B
EPS (Basic)	$10.52	$11.75	$9.77	$9.80	$8.55	$6.66	$7.78	$7.65	$4.90	$5.73	$5.16	$7.33
EPS (Diluted)	$10.49	$11.71	$9.74	$9.77	$8.51	$6.63	$7.74	$7.60	$4.86	$5.70	$5.13	$7.28
Shares (Basic)	291,500,000	296,800,000	302,600,000	309,600,000	315,100,000	316,900,000	323,900,000	335,000,000	344,100,000	355,000,000	367,900,000	401,700,000
Shares (Diluted)	292,300,000	297,800,000	303,600,000	310,700,000	316,400,000	318,300,000	325,600,000	337,100,000	346,800,000	357,100,000	370,100,000	404,600,000
EBITDA	$4.22B	$4.26B	$4.04B	$3.79B	$3.48B	$2.88B	$3.40B	$3.58B	$3.49B	$3.06B	$2.87B	$2.89B

Balance Sheet 29

Annual Balance Sheet data for ITW
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Equivalents	$851M	$948M	$1.06B	$708M	$1.53B	$2.56B	$1.98B	$1.50B	$3.09B	$2.47B	$3.09B	$3.99B
Receivables	$3.23B	$2.99B	$3.12B	$3.17B	$2.84B	$2.51B	$2.46B	$2.62B	$2.63B	$2.36B	$2.20B	$2.29B
Inventory	$1.66B	$1.60B	$1.71B	$2.05B	$1.69B	$1.19B	$1.16B	$1.32B	$1.22B	$1.08B	$1.09B	$1.18B
Prepaid Expense	$463M	$312M	$340M	$329M	$313M	$264M	$296M	$334M	$336M	$218M	$341M	$401M
Other Current Assets	$226M	$147M	$157M	$175M	$140M	$119M	$121M	$127M	$119M	$122M	$124M	$192M
Current Assets	$6.20B	$5.86B	$6.24B	$6.27B	$6.37B	$6.52B	$6.25B	$5.78B	$7.28B	$6.12B	$6.72B	$7.86B
PP&E (Net)	$2.23B	$2.04B	$1.98B	$1.85B	$1.81B	$1.78B	$1.73B	$1.79B	$1.78B	$1.65B	$1.58B	$1.69B
PP&E (Gross)	$6.59B	$6.06B	$6.05B	$5.75B	$5.70B	$5.59B	$5.23B	$5.23B	$5.16B	$4.78B	$4.66B	$4.80B
Accum. Depreciation	$4.36B	$4.03B	$4.08B	$3.90B	$3.89B	$3.82B	$3.50B	$3.44B	$3.38B	$3.13B	$3.08B	$3.11B
Goodwill	$5.10B	$4.84B	$4.91B	$4.86B	$4.96B	$4.69B	$4.49B	$4.63B	$4.75B	$4.56B	$4.44B	$4.67B
Intangibles	$591M	$592M	$657M	$768M	$972M	$781M	$851M	$1.08B	$1.27B	$1.46B	$1.56B	$1.80B
Other Non-current Assets	$1.51B	$1.38B	$1.26B	$1.18B	$1.41B	$1.31B	$1.23B	$1.03B	$1.20B	$956M	$1.09B	$1.11B
Total Assets	$16.15B	$15.07B	$15.52B	$15.42B	$16.08B	$15.61B	$15.07B	$14.87B	$16.78B	$15.20B	$15.73B	$17.46B
Accounts Payable	$522M	$519M	$581M	$594M	$585M	$534M	$472M	$524M	$590M	$511M	$449M	$512M
Accrued Liabilities	$1.64B	$1.58B	$1.66B	$1.73B	$1.65B	$1.28B	$1.22B	$1.27B	$1.26B	$1.20B	$1.14B	$1.29B
Short-term Debt	$1.30B	$778M	$464M	$1.59B	$778M	$350M	$4M	$0	$849M	$0	$498M	$1.41B
Current Liabilities	$5.13B	$4.31B	$4.67B	$4.46B	$3.47B	$2.59B	$2.15B	$3.54B	$3.05B	$2.76B	$2.37B	$3.52B
Capital Leases	$180M	$158M	$148M	$131M	$133M	$133M	$128M	·	·	·	·	·
Deferred Tax	$154M	$119M	$326M	$484M	$654M	$588M	$668M	$707M	$164M	$134M	$256M	$171M
Other Non-current Liabilities	$959M	$1.01B	$1.01B	$943M	$1.05B	$1.07B	$1.00B	$839M	$882M	$871M	$981M	$1.00B
Long-term Debt	$7.68B	$7.08B	$7.70B	$6.71B	$7.48B	$8.12B	$7.76B	$7.38B	$7.48B	$7.83B	$6.90B	$5.94B
Total Debt	$8.97B	$7.86B	$9.53B	$8.30B	$8.26B	$8.47B	$7.76B	$7.38B	$8.33B	$7.83B	$7.39B	$7.39B
Common Stock	$6M	$6M	$6M	$6M	$6M	$6M	$6M	$6M	$6M	$6M	$6M	$6M
Retained Earnings	$30.15B	$28.89B	$27.12B	$25.80B	$24.32B	$23.11B	$22.40B	$21.22B	$20.21B	$19.50B	$18.32B	$17.17B
Treasury Stock	$26.88B	$25.38B	$23.87B	$22.38B	$20.64B	$19.66B	$18.98B	$17.55B	$15.56B	$14.64B	$12.73B	$10.80B
AOCI	$-1.83B	$-1.88B	$-1.83B	$-1.84B	$-1.50B	$-1.64B	$-1.71B	$-1.68B	$-1.29B	$-1.81B	$-1.50B	$-658M
Stockholders' Equity	$3.23B	$3.32B	$3.01B	$3.09B	$3.63B	$3.18B	$3.03B	$3.26B	$4.59B	$4.26B	$5.23B	$6.82B
Liabilities + Equity	$16.15B	$15.07B	$15.52B	$15.42B	$16.08B	$15.61B	$15.07B	$14.87B	$16.78B	$15.20B	$15.73B	$17.46B
Shares Outstanding	288,600,000	294,000,000	299,300,000	305,000,000	312,900,000	316,700,000	319,800,000	328,100,000	341,500,000	346,900,000	363,700,000	383,196,213

Cash Flow 14

Annual Cash Flow data for ITW
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Stock-based Comp	$69M	$61M	$69M	$63M	$53M	$42M	$41M	$40M	$36M	$39M	$41M	$39M
Amort. of Intangibles	·	·	·	·	·	·	·	·	·	·	$231M	$242M
Operating Cash Flow	$3.13B	$3.28B	$3.54B	$2.35B	$2.56B	$2.81B	$3.00B	$2.81B	$2.40B	$2.30B	$2.30B	$1.62B
CapEx	$419M	$437M	$455M	$412M	$296M	$236M	$326M	$364M	$297M	$273M	$284M	$361M
Investing Cash Flow	$-521M	$-144M	$-403M	$-110M	$-984M	$-214M	$-183M	$-325M	$-251M	$-532M	$-210M	$2.84B
Stock Issued	$65M	$52M	$53M	$29M	$50M	$66M	$85M	$22M	$84M	$84M	$59M	$148M
Stock Repurchased	$1.50B	$1.50B	$1.50B	$1.75B	$1.00B	$706M	$1.50B	$2.00B	$1.00B	$2.00B	$2.00B	$4.35B
Net Stock Activity	$-1.44B	$-1.45B	$-1.45B	$-1.72B	$-950M	$-640M	$-1.42B	$-1.98B	$-916M	$-1.92B	$-1.94B	$-4.20B
Dividends Paid	$1.78B	$1.70B	$1.61B	$1.54B	$1.46B	$1.38B	$1.32B	$1.12B	$941M	$821M	$742M	$711M
Financing Cash Flow	$-2.74B	$-3.19B	$-2.78B	$-3.00B	$-2.56B	$-2.05B	$-2.33B	$-3.96B	$-1.67B	$-2.25B	$-2.53B	$-3.55B
Net Change in Cash	$-97M	$-117M	$357M	$-819M	$-1.04B	$583M	$477M	$-1.59B	$622M	$-618M	$-900M	$372M
Taxes Paid	$1.05B	$1.18B	$1.03B	$993M	$731M	$591M	$742M	$838M	$1.02B	$920M	$775M	$1.50B
Free Cash Flow	$2.71B	$2.84B	$3.08B	$1.94B	$2.26B	$2.57B	$2.67B	$2.45B	$2.10B	$2.03B	$2.02B	$1.25B
Levered FCF	·	·	$2.88B	$1.78B	$2.10B	$2.41B	$2.50B	$2.25B	$1.97B	$1.86B	$1.86B	$1.08B

Profitability 7

Annual Profitability data for ITW
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Operating Margin	26.3%	26.8%	25.1%	23.8%	24.1%	22.9%	24.1%	24.3%	24.4%	22.5%	21.4%	19.9%
Net Margin	19.1%	21.9%	18.4%	19.0%	18.6%	16.8%	17.9%	17.4%	11.8%	15.0%	14.2%	20.3%
Pretax Margin	·	·	23.7%	24.1%	23.0%	21.5%	23.3%	23.0%	22.8%	21.4%	20.3%	18.6%
EBITDA Margin	26.3%	26.8%	25.1%	23.8%	24.1%	22.9%	24.1%	24.3%	24.4%	22.5%	21.4%	19.9%
ROA	19.6%	23.2%	19.1%	19.3%	17.0%	13.8%	16.8%	16.2%	10.5%	13.2%	11.4%	15.8%
ROE	95.3%	104.0%	98.3%	99.4%	75.7%	71.8%	84.0%	75.3%	38.1%	42.9%	31.5%	35.6%
ROIC	·	·	24.9%	26.3%	23.7%	19.3%	24.2%	25.4%	14.0%	17.7%	15.9%	14.2%

Liquidity & Solvency 5

Annual Liquidity & Solvency data for ITW
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Current Ratio	1.2	1.4	1.3	1.4	1.8	2.5	2.9	1.6	2.4	2.2	2.8	2.3
Quick Ratio	0.8	0.9	0.9	0.9	1.3	2.0	2.1	1.2	1.9	1.7	2.2	1.8
Debt / Equity	2.8	2.4	3.2	2.7	2.3	2.7	2.6	2.3	1.8	1.8	1.4	1.1
LT Debt / Equity	2.1	1.9	2.1	2.0	1.9	2.4	2.6	1.9	1.6	1.7	1.3	0.9
Interest Coverage	·	·	15.2	18.7	17.2	14.0	15.4	13.9	13.4	12.9	12.7	11.6

Efficiency 3

Annual Efficiency data for ITW
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Asset Turnover	1.0	1.1	1.0	1.0	0.9	0.8	0.9	0.9	0.9	0.9	0.8	0.8
Inventory Turnover	5.5	5.3	5.0	5.0	5.9	6.3	6.6	6.8	7.2	7.3	7.0	7.1
Receivables Turnover	5.2	5.2	5.1	5.3	5.4	5.1	5.6	5.6	5.7	6.0	6.0	6.2

Per Share 7

Annual Per Share data for ITW
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Book Value / Share	$11.18	$11.28	$10.07	$10.13	$11.59	$10.05	$9.47	$9.93	$13.44	$12.28	$14.37	·
Revenue / Share	$54.89	$53.38	$53.05	$51.28	$45.69	$39.50	$43.33	$43.81	$41.27	$38.08	$36.22	$35.80
Cash Flow / Share	$10.69	$11.02	$11.66	$7.56	$8.08	$8.82	$9.20	$8.34	$6.93	$6.45	$6.21	$3.99
Cash / Share	$2.95	$3.22	$3.56	$2.32	$4.88	$8.10	$6.19	$4.58	$9.06	$7.13	$8.50	·
Dividend / Share	$6	$6	$5	$5	$5	$4	$4	$4	$3	$2	$2	$2
Dividend Paid / Share	$6	$6	$5	$5	$5	$4	$4	$3	$3	$2	$2	$2
EPS (TTM)	$10.49	$11.71	$9.74	$9.77	$8.51	$6.63	$7.74	$7.60	$4.86	$5.70	$5.13	$7.28

Growth Rates 10

Annual Growth Rates data for ITW
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue YoY	0.92%	-1.3%	1.1%	10.2%	15.0%	·	·	·	·	·	·	·
Revenue CAGR 3Y	0.23%	3.2%	8.6%	·	·	·	·	·	·	·	·	·
Revenue CAGR 5Y	5.0%	·	·	·	·	·	·	·	·	·	·	·
EPS YoY	-10.4%	20.2%	-0.31%	14.8%	28.4%	·	·	·	·	·	·	·
EPS CAGR 3Y	2.4%	11.2%	13.7%	·	·	·	·	·	·	·	·	·
EPS CAGR 5Y	9.6%	·	·	·	·	·	·	·	·	·	·	·
Net Income YoY	-12.1%	18.0%	-2.5%	12.6%	27.7%	·	·	·	·	·	·	·
Net Income CAGR 3Y	0.35%	9.0%	11.9%	·	·	·	·	·	·	·	·	·
Net Income CAGR 5Y	7.8%	·	·	·	·	·	·	·	·	·	·	·
Dividend CAGR 5Y	5.3%	·	·	·	·	·	·	·	·	·	·	·

Valuation (TTM) 16

Annual Valuation (TTM) data for ITW
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue TTM	$16.04B	$15.90B	$16.11B	$15.93B	$14.46B	$12.57B	$14.11B	$14.77B	$14.31B	$13.60B	$13.40B	$14.48B
Net Income TTM	$3.07B	$3.49B	$2.96B	$3.03B	$2.69B	$2.11B	$2.52B	$2.56B	$1.69B	$2.04B	$1.90B	$2.95B
Market Cap	$71.08B	$74.55B	$78.40B	$67.19B	$77.22B	$64.57B	$57.45B	$41.57B	$56.98B	$42.48B	$33.71B	·
Enterprise Value	$79.20B	$81.46B	$86.86B	$74.78B	$83.95B	$70.48B	$63.22B	$47.44B	$62.21B	$47.84B	$38.01B	·
P/E	23.5	21.7	26.9	22.5	29.0	30.8	23.2	16.7	34.3	21.5	18.1	13.0
P/S	4.4	4.7	4.9	4.2	5.3	5.1	4.1	2.8	4.0	3.1	2.5	·
P/B	22.0	22.5	26.0	21.8	21.3	20.3	19.0	12.8	12.4	10.0	6.4	·
P / Cash Flow	22.7	22.7	22.2	28.6	30.2	23.0	19.2	14.8	23.7	18.5	14.7	·
P / FCF	26.3	26.2	25.4	34.7	34.2	25.1	21.5	17.0	27.1	20.9	16.7	·
EV / EBITDA	18.8	19.1	21.5	19.7	24.1	24.5	18.6	13.2	17.8	15.6	13.3	·
EV / FCF	29.3	28.6	28.2	38.6	37.1	27.4	23.7	19.4	29.6	23.6	18.9	·
EV / Revenue	4.9	5.1	5.4	4.7	5.8	5.6	4.5	3.2	4.3	3.5	2.8	·
Dividend Yield	2.5%	2.3%	2.1%	2.3%	1.9%	2.1%	2.3%	2.7%	1.7%	1.9%	2.2%	·
Earnings Yield	4.3%	4.6%	3.7%	4.4%	3.5%	3.2%	4.3%	6.0%	2.9%	4.7%	5.5%	7.7%
Payout Ratio	58.2%	48.6%	54.6%	50.8%	54.3%	65.4%	52.4%	43.9%	55.8%	40.3%	39.1%	24.1%
Annual Payout	$1.78B	$1.70B	$1.61B	$1.54B	$1.46B	$1.38B	$1.32B	$1.12B	$941M	$821M	$742M	$711M

Income Statement 13

Quarterly Income Statement data for ITW
Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Revenue	$4.30B	$4.02B	$4.09B	$4.06B	$4.05B	$3.84B	$3.93B	$3.97B	$4.03B	$3.97B	$3.98B	$4.03B	$4.07B	$4.02B	$3.97B	$4.01B
Cost of Revenue	$2.40B	$2.26B	$2.28B	$2.25B	$2.27B	$2.16B	$2.22B	$2.23B	$2.26B	$2.15B	$2.31B	$2.32B	$2.34B	$2.34B	$2.31B	$2.37B
Operating Income	$1.15B	$1.02B	$1.08B	$1.11B	$1.07B	$951M	$1.03B	$1.05B	$1.05B	$1.13B	$988M	$1.07B	$1.01B	$972M	$986M	$983M
Interest Expense	·	·	·	·	·	·	·	·	·	$71M	·	$67M	$69M	$60M	·	$52M
Other Non-op	$12M	$20M	$-33M	$12M	$4M	$12M	$-422M	$379M	$26M	$16M	·	·	·	·	·	·
Pretax Income	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	$957M
Income Tax	$265M	$199M	$234M	$228M	$243M	$195M	$233M	$202M	$246M	$253M	$210M	$241M	$207M	$208M	$214M	$230M
Net Income	$815M	$768M	$790M	$821M	$755M	$700M	$750M	$1.16B	$759M	$819M	$717M	$772M	$754M	$714M	$907M	$727M
EPS (Basic)	$2.85	$2.66	$2.73	$2.82	$2.58	$2.39	$2.54	$3.92	$2.55	$2.74	$2.39	$2.55	$2.49	$2.34	$2.95	$2.36
EPS (Diluted)	$2.84	$2.66	$2.72	$2.81	$2.58	$2.38	$2.53	$3.91	$2.54	$2.73	$2.38	$2.55	$2.48	$2.33	$2.94	$2.35
Shares (Basic)	286,400,000	288,300,000	-585,200,000	290,800,000	292,300,000	293,600,000	-595,800,000	296,100,000	297,600,000	298,900,000	-607,600,000	301,900,000	303,300,000	305,000,000	-622,300,000	308,800,000
Shares (Diluted)	287,000,000	289,100,000	-586,800,000	291,700,000	292,900,000	294,500,000	-597,700,000	297,000,000	298,500,000	300,000,000	-609,700,000	303,000,000	304,200,000	306,100,000	-624,200,000	309,700,000
EBITDA	$1.15B	$1.02B	·	$1.11B	$1.07B	$951M	·	$1.05B	$1.05B	$1.13B	·	$1.07B	$1.01B	$972M	·	$983M

Balance Sheet 29

Quarterly Balance Sheet data for ITW
Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Cash & Equivalents	$839M	$827M	$851M	$924M	$788M	$873M	$948M	$947M	$862M	$959M	·	$990M	$922M	$1.14B	·	$774M
Receivables	$3.56B	$3.38B	$3.23B	$3.25B	$3.32B	$3.15B	$2.99B	$3.23B	$3.25B	$3.24B	·	$3.16B	$3.22B	$3.20B	·	$3.03B
Inventory	$1.76B	$1.73B	$1.66B	$1.73B	$1.71B	$1.66B	$1.60B	$1.82B	$1.82B	$1.82B	·	$1.80B	$1.92B	$2.00B	·	$2.01B
Prepaid Expense	$441M	$402M	$463M	$416M	$416M	$348M	$312M	$314M	$325M	$349M	·	$336M	$345M	$334M	·	$281M
Other Current Assets	·	·	$226M	·	·	·	$147M	·	·	·	·	·	·	·	·	·
Current Assets	$6.60B	$6.33B	$6.20B	$6.32B	$6.23B	$6.04B	$5.86B	$6.30B	$6.26B	$6.37B	·	$6.29B	$6.40B	$6.69B	·	$6.20B
PP&E (Net)	$2.23B	$2.23B	$2.23B	$2.20B	$2.18B	$2.08B	$2.04B	$2.07B	$2.01B	$1.97B	·	$1.90B	$1.90B	$1.89B	·	$1.71B
PP&E (Gross)	·	·	$6.59B	·	·	·	$6.06B	·	·	·	·	·	·	·	·	·
Accum. Depreciation	·	·	$4.36B	·	·	·	$4.03B	·	·	·	·	·	·	·	·	·
Goodwill	$5.07B	$5.08B	$5.10B	$5.03B	$5.04B	$4.90B	$4.84B	$4.98B	$4.91B	$4.90B	$4.91B	$4.83B	$4.89B	$4.88B	$4.86B	$4.76B
Intangibles	$558M	$574M	$591M	$540M	$558M	$572M	$592M	$617M	$641M	$653M	·	$682M	$708M	$738M	·	$798M
Other Non-current Assets	$1.54B	$1.54B	$1.51B	$1.47B	$1.48B	$1.43B	$1.38B	$1.38B	$1.31B	$1.29B	·	$1.24B	$1.25B	$1.22B	·	$1.32B
Total Assets	$16.49B	$16.26B	$16.15B	$16.14B	$16.05B	$15.47B	$15.07B	$15.82B	$15.58B	$15.65B	·	$15.39B	$15.65B	$15.92B	$15.42B	$15.23B
Accounts Payable	$636M	$609M	$522M	$608M	$613M	$594M	$519M	$556M	$576M	$597M	·	$580M	$590M	$599M	·	$618M
Accrued Liabilities	$1.59B	$1.53B	$1.64B	$1.57B	$1.54B	$1.48B	$1.58B	$1.66B	$1.61B	$1.51B	·	$1.59B	$1.62B	$1.50B	·	$1.56B
Short-term Debt	$2.10B	$1.50B	$1.29B	$1.30B	$1.20B	$981M	$778M	$265M	$599M	$1.40B	·	$548M	$575M	$1.60B	·	$1.69B
Current Liabilities	$5.95B	$5.33B	$5.13B	$4.13B	$3.93B	$3.78B	$4.31B	$4.63B	$4.80B	$4.84B	·	$3.98B	$4.04B	$5.60B	·	$4.39B
Capital Leases	·	·	$180M	·	·	·	$158M	·	·	·	·	·	·	·	·	·
Deferred Tax	$162M	$158M	$154M	$149M	$144M	$127M	$119M	$129M	$381M	$380M	·	$464M	$451M	$477M	·	$655M
Other Non-current Liabilities	$935M	$942M	$959M	$970M	$1.07B	$1.04B	$1.01B	$1.10B	$1.00B	$998M	·	$976M	$969M	$964M	·	$952M
Long-term Debt	·	·	$7.68B	·	·	·	$7.08B	·	·	·	·	·	·	·	·	·
Total Debt	$8.65B	$8.10B	·	$8.97B	$8.89B	$8.26B	·	$6.84B	$7.03B	$7.66B	·	$7.37B	$7.52B	$7.11B	·	$7.63B
Common Stock	$6M	$6M	$6M	$6M	$6M	$6M	$6M	$6M	$6M	$6M	·	$6M	$6M	$6M	·	$6M
Retained Earnings	$30.81B	$30.45B	$30.15B	$29.82B	$29.47B	$29.15B	$28.89B	$28.58B	$27.87B	$27.52B	·	$26.82B	$26.47B	$26.11B	·	$25.29B
Treasury Stock	$28.00B	$27.25B	$26.88B	$26.50B	$26.12B	$25.75B	$25.38B	$25.00B	$24.62B	$24.24B	·	$23.49B	$23.12B	$22.74B	·	$21.88B
AOCI	$-1.76B	$-1.80B	$-1.83B	$-1.88B	$-1.87B	$-1.88B	$-1.88B	$-1.85B	$-1.93B	$-1.88B	·	$-1.90B	$-1.82B	$-1.80B	·	$-1.88B
Stockholders' Equity	$2.90B	$3.23B	$3.23B	$3.21B	$3.21B	$3.24B	$3.32B	$3.39B	$2.96B	$3.02B	$3.01B	$3.00B	$3.09B	$3.10B	$3.09B	$3.01B
Liabilities + Equity	$16.49B	$16.26B	$16.15B	$16.14B	$16.05B	$15.47B	$15.07B	$15.82B	$15.58B	$15.65B	·	$15.39B	$15.65B	$15.92B	·	$15.23B
Shares Outstanding	284,800,000	287,700,000	288,600,000	290,100,000	291,500,000	293,000,000	294,000,000	295,300,000	296,900,000	298,400,000	·	300,900,000	302,400,000	303,900,000	·	307,200,000

Cash Flow 12

Quarterly Cash Flow data for ITW
Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Stock-based Comp	$22M	$18M	$17M	$17M	$19M	$16M	$13M	$14M	$19M	$15M	$17M	$17M	$18M	$17M	$15M	$15M
Operating Cash Flow	$723M	$623M	$963M	$1.02B	$550M	$592M	$1.11B	$891M	$687M	$589M	$1.04B	$982M	$790M	$728M	$811M	$713M
CapEx	$92M	$95M	$105M	$117M	$101M	$96M	$118M	$108M	$116M	$95M	$131M	$126M	$85M	$113M	$156M	$101M
Investing Cash Flow	$-85M	$-99M	$-221M	$-116M	$-92M	$-92M	$-117M	$294M	$-169M	$-152M	$-120M	$-103M	$-69M	$-111M	$127M	$-91M
Stock Issued	$0	$52M	$5M	$13M	$3M	$44M	$9M	$2M	$0	$41M	$4M	$9M	$7M	$33M	$12M	$0
Stock Repurchased	$750M	$375M	$375M	$375M	$375M	$375M	$375M	$375M	$375M	$375M	$375M	$375M	$375M	$375M	$500M	$500M
Net Stock Activity	·	$-323M	·	·	·	$-331M	·	·	·	$-334M	·	·	·	$-342M	·	·
Dividends Paid	$463M	$465M	$467M	$438M	$439M	$441M	$443M	$415M	$418M	$419M	$421M	$396M	$398M	$400M	$403M	$377M
Financing Cash Flow	$-632M	$-547M	$-818M	$-775M	$-563M	$-588M	$-943M	$-1.12B	$-601M	$-524M	$-877M	$-788M	$-932M	$-185M	$-1.03B	$-681M
Net Change in Cash	$12M	$-24M	$-73M	$136M	$-85M	$-75M	$1M	$85M	$-97M	$-106M	$75M	$68M	$-221M	$435M	$-66M	$-105M
Taxes Paid	$363M	$205M	$190M	$200M	$523M	$139M	$220M	$323M	$485M	$152M	$235M	$241M	$422M	$128M	$225M	$262M
Free Cash Flow	·	$528M	·	·	·	$496M	·	·	·	$494M	·	·	·	$615M	·	·

Profitability 7

Quarterly Profitability data for ITW
Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Operating Margin	26.7%	25.4%	·	27.4%	26.4%	24.8%	·	26.5%	26.2%	28.4%	·	26.5%	24.8%	24.2%	·	24.5%
Net Margin	18.9%	19.1%	·	20.2%	18.6%	18.2%	·	29.2%	18.9%	20.6%	·	19.1%	18.5%	17.8%	·	18.1%
Pretax Margin	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	23.9%
EBITDA Margin	26.7%	25.4%	·	27.4%	26.4%	24.8%	·	26.5%	26.2%	28.4%	·	26.5%	24.8%	24.2%	·	24.5%
ROA	5.0%	4.8%	·	5.1%	4.8%	4.5%	·	7.4%	4.9%	5.2%	·	5.0%	4.8%	4.4%	·	4.7%
ROE	26.7%	23.7%	·	24.9%	24.5%	22.4%	·	36.3%	25.1%	26.8%	·	25.7%	23.3%	21.4%	·	22.4%
ROIC	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	7.0%

Liquidity & Solvency 5

Quarterly Liquidity & Solvency data for ITW
Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Current Ratio	1.1	1.2	·	1.5	1.6	1.6	·	1.4	1.3	1.3	·	1.6	1.6	1.2	·	1.4
Quick Ratio	0.7	0.8	·	1.0	1.0	1.1	·	0.9	0.9	0.9	·	1.0	1.0	0.8	·	0.9
Debt / Equity	3.0	2.5	·	2.8	2.8	2.5	·	2.0	2.4	2.5	·	2.5	2.4	2.3	·	2.5
LT Debt / Equity	2.3	2.0	·	2.4	2.4	2.2	·	1.9	2.2	2.1	·	2.3	2.2	1.8	·	2.0
Interest Coverage	·	·	·	·	·	·	·	·	·	15.9	·	16.0	14.6	16.2	·	18.9

Efficiency 3

Quarterly Efficiency data for ITW
Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Asset Turnover	0.3	0.3	·	0.3	0.3	0.2	·	0.3	0.3	0.3	·	0.3	0.3	0.2	·	0.3
Inventory Turnover	1.4	1.3	·	1.3	1.3	1.2	·	1.2	1.2	1.1	·	1.2	1.2	1.2	·	1.3
Receivables Turnover	1.2	1.2	·	1.3	1.2	1.2	·	1.2	1.2	1.2	·	1.3	1.3	1.3	·	1.4

Per Share 6

Quarterly Per Share data for ITW
Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Book Value / Share	$10.16	$11.23	·	$11.06	$11.02	$11.06	·	$11.49	$9.98	$10.12	·	$9.98	$10.23	$10.20	·	$9.81
Revenue / Share	$14.99	$13.89	·	$13.91	$13.84	$13.04	·	$13.35	$13.49	$13.24	·	$13.30	$13.39	$13.13	·	$12.95
Cash Flow / Share	·	$2.15	·	·	·	$2.01	·	·	·	$1.96	·	·	·	$2.38	·	·
Cash / Share	$2.95	$2.87	·	$3.19	$2.70	$2.98	·	$3.21	$2.90	$3.21	·	$3.29	$3.05	$3.76	·	$2.52
Dividend / Share	$2	$2	$2	$2	$2	$2	$2	$2	$1	$1	$1	$1	$1	$1	$1	$1
EPS (TTM)	$10.89	$10.43	·	$11.68	$11.41	$11.56	·	$11.73	$10.30	$10.09	·	$9.71	$9.53	$9.16	·	$8.85

Valuation (TTM) 14

Quarterly Valuation (TTM) data for ITW
Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Revenue TTM	$16.43B	$15.97B	·	$15.92B	$15.88B	$15.80B	·	$16.00B	$16.11B	$16.10B	·	$16.14B	$16.11B	$15.98B	·	$15.52B
Net Income TTM	$3.16B	$3.04B	·	$3.44B	$3.37B	$3.44B	·	$3.51B	$3.10B	$3.06B	·	$2.97B	$2.93B	$2.84B	·	$2.77B
Market Cap	$77.03B	$74.89B	·	$75.65B	$72.07B	$72.67B	·	$77.39B	$70.35B	$80.07B	·	$69.30B	$75.65B	$73.98B	·	$55.50B
Enterprise Value	$84.84B	$82.16B	·	$83.70B	$80.18B	$80.06B	·	$83.29B	$76.52B	$86.77B	·	$75.68B	$82.25B	$79.95B	·	$62.35B
P/E	24.8	25.0	·	22.3	21.7	21.5	·	22.3	23.0	26.6	·	23.7	26.2	26.6	·	20.4
P/S	4.7	4.7	·	4.8	4.5	4.6	·	4.8	4.4	5.0	·	4.3	4.7	4.6	·	3.6
P/B	26.6	23.2	·	23.6	22.4	22.4	·	22.8	23.8	26.5	·	23.1	24.4	23.9	·	18.4
P / Cash Flow	·	120.2	·	·	·	122.7	·	·	·	135.9	·	·	·	101.6	·	·
P / FCF	·	141.8	·	·	·	146.5	·	·	·	162.1	·	·	·	120.3	·	·
EV / EBITDA	74.0	80.6	·	75.3	75.1	84.2	·	79.2	72.6	77.0	·	70.7	81.4	82.3	·	63.4
EV / FCF	·	155.6	·	·	·	161.4	·	·	·	175.6	·	·	·	130.0	·	·
EV / Revenue	5.2	5.1	·	5.3	5.0	5.1	·	5.2	4.8	5.4	·	4.7	5.1	5.0	·	4.0
Earnings Yield	4.0%	4.0%	·	4.5%	4.6%	4.7%	·	4.5%	4.3%	3.8%	·	4.2%	3.8%	3.8%	·	4.9%
Payout Ratio	·	60.6%	·	·	·	63.0%	·	·	·	51.2%	·	·	·	56.0%	·	·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement

	2025-12-31	2024-12-31	2024-03-31	2023-12-31	2022-12-31
Revenue	$16.04B	$15.90B	—	$16.11B	$15.93B
Operating Margin %	26.3%	26.8%	—	25.1%	23.8%
Net Income	$3.07B	$3.49B	—	$2.96B	$3.03B
Diluted EPS	$10.49	$11.71	—	$9.74	$9.77

Balance Sheet

	2025-12-31	2024-12-31	2024-03-31	2023-12-31	2022-12-31
Debt / Equity	2.8	2.4	—	3.2	2.7
Current Ratio	1.2	1.4	—	1.3	1.4
Quick Ratio	0.8	0.9	—	0.9	0.9

Cash Flow

	2025-12-31	2024-12-31	2024-03-31	2023-12-31	2022-12-31
Free Cash Flow	$2.71B	$2.84B	—	$3.08B	$1.94B

Latest News Recent headlines mentioning this company

Illinois Tool Works Authorizes $6 Bln Buyback Nasdaq · 1 week, 3 days ago
Wells Fargo Sees Improving Demand Trends for Illinois Tool Works (ITW) Yahoo Finance · 3 months ago
Illinois Tool Works Inc Q1 Income Climbs Nasdaq · 3 months, 2 weeks ago

My Metrics Your personal watchlist — selected rows from Full Fundamentals

📊

Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.

Your selection is saved and follows you across all tickers.

Institutional owners (13F) 2,120 filers · $42.6B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter

New positions	Exited positions	Increased	Decreased	Net shares change
141 (-62 vs prior Q)	90 (-8 vs prior Q)	649 (+17 vs prior Q)	735 (+32 vs prior Q)	+30.4M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution	Value	Shares	% of tracked 13F	Type
Briar Hall Management LLC	$6,723,919,091	24,860,129	15.80%	Shares
VANGUARD CAPITAL MANAGEMENT LLC	$4,728,698,955	17,483,266	11.11%	Shares
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	$4,479,848,704	16,563,200	10.52%	Shares
STATE STREET CORP	$3,479,218,522	12,788,570	8.17%	Shares
VANGUARD PORTFOLIO MANAGEMENT LLC	$1,878,123,936	6,943,927	4.41%	Shares
GEODE CAPITAL MANAGEMENT, LLC	$1,685,702,078	6,223,515	3.96%	Shares
Capital Research Global Investors	$1,319,685,960	4,879,245	3.10%	Shares
Fisher Asset Management, LLC	$1,035,845,692	3,829,798	2.43%	Shares
AMERIPRISE FINANCIAL INC	$884,459,061	3,269,684	2.08%	Shares
NORGES BANK	$871,097,049	3,220,679	2.05%	Shares
TWO SIGMA INVESTMENTS, LP	$582,522,058	2,153,740	1.37%	Shares
DIMENSIONAL FUND ADVISORS LP	$540,280,496	1,997,562	1.27%	Shares
VANGUARD FIDUCIARY TRUST CO	$403,630,225	1,492,329	0.95%	Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	$368,853,733	1,363,751	0.87%	Shares
BlackRock, Inc.	$335,608,913	1,240,836	0.79%	Shares
BANK OF AMERICA CORP /DE/	$278,904,877	1,031,186	0.66%	Shares
Swiss National Bank	$208,867,753	772,240	0.49%	Shares
GOLDMAN SACHS GROUP INC	$199,595,980	737,960	0.47%	Shares
National Pension Service	$198,283,450	733,107	0.47%	Shares
Guinness Asset Management LTD	$194,159,745	721,056	0.46%	Shares
BNP PARIBAS FINANCIAL MARKETS	$193,357,110	714,893	0.45%	Shares
Mitsubishi UFJ Asset Management Co., Ltd.	$180,734,379	668,224	0.42%	Shares
Legal & General Group Plc	$177,610,076	656,672	0.42%	Shares
VANGUARD ASSET MANAGEMENT, Ltd	$173,307,439	640,764	0.41%	Shares
ProShare Advisors LLC	$172,049,211	636,112	0.40%	Shares
Sumitomo Mitsui Trust Group, Inc.	$167,416,332	618,983	0.39%	Shares
LPL Financial LLC	$162,945,824	602,454	0.38%	Shares
California Public Employees Retirement System	$160,629,969	593,892	0.38%	Shares
PNC Financial Services Group, Inc.	$158,389,396	585,608	0.37%	Shares
ROYAL BANK OF CANADA	$157,177,000	581,126	0.37%	Shares
Vanguard Global Advisers, LLC	$153,448,450	567,340	0.36%	Shares
Bahl & Gaynor LLC	$150,887,060	557,870	0.35%	Shares
VANGUARD GROUP INC	$142,014,117	576,590	0.33%	Shares
RHUMBLINE ADVISERS	$136,384,628	504,251	0.32%	Shares
Quantinno Capital Management LP	$126,118,050	466,292	0.30%	Shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC	$124,803,784	461,433	0.29%	Shares
UBS Group AG	$124,696,948	461,038	0.29%	Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	$120,163,920	461,654	0.28%	Shares
RAYMOND JAMES FINANCIAL INC	$116,819,777	431,914	0.27%	Shares
HighTower Advisors, LLC	$113,449,182	419,452	0.27%	Shares
ENVESTNET ASSET MANAGEMENT INC	$112,573,065	416,213	0.26%	Shares
BARCLAYS PLC	$109,545,490	405,019	0.26%	Shares
Fenimore Asset Management Inc	$106,278,811	392,941	0.25%	Shares
Empower Advisory Group, LLC	$105,838,323	391,313	0.25%	Shares
Caisse de depot et placement du Quebec	$103,701,444	383,412	0.24%	Shares
RENAISSANCE TECHNOLOGIES LLC	$103,092,345	381,160	0.24%	Shares
WORLDQUANT MILLENNIUM ADVISORS LLC	$102,840,267	380,228	0.24%	Shares
Squarepoint Ops LLC	$101,486,024	375,221	0.24%	Shares
BLAIR WILLIAM & CO/IL	$97,051,656	358,826	0.23%	Shares
PFA Pension, Forsikringsaktieselskab	$95,546,472	353,261	0.22%	Shares
ROYAL LONDON ASSET MANAGEMENT LTD	$92,363,072	341,491	0.22%	Shares
FMR LLC	$92,068,554	340,402	0.22%	Shares
Pictet Asset Management Holding SA	$89,255,861	330,017	0.21%	Shares
JOHNSON INVESTMENT COUNSEL INC	$88,119,328	325,801	0.21%	Shares
FIFTH THIRD BANCORP	$87,746,708	324,423	0.21%	Shares
NEW YORK STATE COMMON RETIREMENT FUND	$85,257,553	315,220	0.20%	Shares
SATURNA CAPITAL CORP	$82,921,775	306,584	0.19%	Shares
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	$72,855,963	269,368	0.17%	Shares
MORGAN STANLEY	$70,827,670	261,868	0.17%	Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	$67,944,498	251,209	0.16%	Shares
ALLIANCEBERNSTEIN L.P.	$67,190,740	258,138	0.16%	Shares
Alecta Tjanstepension Omsesidigt	$66,965,896	247,600	0.16%	Shares
PINEBRIDGE INVESTMENTS LLC	$65,790,205	243,244	0.15%	Shares
AVIVA PLC	$65,769,378	243,167	0.15%	Shares
Baird Financial Group, Inc.	$64,503,849	238,488	0.15%	Shares
1832 Asset Management L.P.	$64,476,532	238,387	0.15%	Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$61,207,361	226,300	0.14%	Call option
STOREBRAND ASSET MANAGEMENT AS	$59,676,501	220,640	0.14%	Shares
BNP PARIBAS ASSET MANAGEMENT Holding S.A.	$59,387,909	219,573	0.14%	Shares
TEACHER RETIREMENT SYSTEM OF TEXAS	$58,374,458	215,826	0.14%	Shares
COMPASS CAPITAL MANAGEMENT, INC	$54,237,284	200,530	0.13%	Shares
PineBridge Investments, L.P.	$53,191,650	203,987	0.12%	Shares
VICTORY CAPITAL MANAGEMENT INC	$52,656,476	194,685	0.12%	Shares
Vinva Investment Management Ltd	$52,616,698	196,720	0.12%	Shares
CONFLUENCE INVESTMENT MANAGEMENT LLC	$52,147,453	192,803	0.12%	Shares
BARTLETT & CO. WEALTH MANAGEMENT LLC	$51,974,548	191,148	0.12%	Shares
MCDANIEL TERRY & CO	$50,048,735	185,044	0.12%	Shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	$48,912,606	180,843	0.11%	Shares
Retirement Systems of Alabama	$48,664,856	179,927	0.11%	Shares
MILLENNIUM MANAGEMENT LLC	$48,467,683	179,198	0.11%	Shares
US BANCORP \DE\	$48,433,333	179,071	0.11%	Shares
APG Asset Management N.V.	$48,371,855	204,472	0.11%	Shares
NICHOLAS COMPANY, INC.	$47,444,495	175,415	0.11%	Shares
Korea Investment CORP	$47,010,120	173,809	0.11%	Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	$46,897,751	180,175	0.11%	Shares
Universal- Beteiligungs- und Servicegesellschaft mbH	$46,322,648	171,315	0.11%	Shares
D. E. Shaw & Co., Inc.	$45,973,950	169,978	0.11%	Shares
Eurizon Capital SGR S.p.A.	$45,327,943	167,599	0.11%	Shares
GRANDFIELD & DODD, LLC	$43,592,129	161,171	0.10%	Shares
NATIXIS	$43,244,907	159,888	0.10%	Shares
KLP KAPITALFORVALTNING AS	$40,978,075	150,745	0.10%	Shares
J. Goldman & Co LP	$40,762,804	150,711	0.10%	Shares
CONNING INC.	$39,978,711	147,812	0.09%	Shares
&PARTNERS	$39,938,670	147,720	0.09%	Shares
Boston Trust Walden Corp	$39,498,627	146,037	0.09%	Shares
STATE OF WISCONSIN INVESTMENT BOARD	$39,389,898	145,635	0.09%	Shares
Vanguard Investments Australia, Ltd.	$38,002,928	140,507	0.09%	Shares
Zurcher Kantonalbank (Zurich Cantonalbank)	$37,827,123	139,857	0.09%	Shares
HUNTINGTON NATIONAL BANK	$37,734,401	139,514	0.09%	Shares
Cetera Investment Advisers	$37,346,592	138,080	0.09%	Shares

Company insiders 68 insiders · 39 officers · 18 directors

Insider	Role	Last activity	Shares owned	Buys 12m	Sells 12m	Net 12m
Christopher A O'Herlihy	President & CEO	Feb. 13, 2026 A	59,527	0	0	$0
David B Speer	Chairman & CEO	Aug. 24, 2012 M	11,974	0	0	$0
Michael M Larsen	SVP & CFO	Feb. 13, 2026 A	54,578	0	0	$0
Ronald D Kropp	Sr VP & CFO	April 25, 2013 M	0	0	0	$0
Jon C Kinney	Sr. V.P. and CFO	Dec. 10, 2004 A	24,098	0	0	$0
Christopher P. Rauch	SVP, General Counsel & Secy.	Feb. 13, 2026 A	348	0	0	$0
Mark A. Thibeault	Executive Vice President	Feb. 13, 2026 A	593	0	0	$0
Guilherme De Figueiredo Silva	Executive Vice President	Feb. 13, 2026 A	2,557	0	0	$0
Hartzell Patricia A.	Executive Vice President	Feb. 13, 2026 A	3,965	0	0	$0
Javier Gracia Carbonell	Executive Vice President	Feb. 13, 2026 A	3,630	0	0	$0
Kenneth T. Escoe	Executive Vice President	Feb. 13, 2026 A	8,150	0	0	$0
Sharon Szafranski	Executive Vice President	Feb. 13, 2026 A	8,663	0	0	$0
Axel Beck	Executive Vice President	Feb. 13, 2026 A	7,124	0	0	$0
Randall J Scheuneman	VP & Chief Accounting Officer	Feb. 13, 2026 A	10,864	0	1	$-1,803,074
Mary Katherine Lawler	SVP & Chief HR Officer	Feb. 13, 2026 A	30,307	0	0	$0
Lei Zhang Schlitz	Executive Vice President	Feb. 14, 2020 A	6,171	0	0	$0
Michael R. Zimmerman	Executive Vice President	Feb. 14, 2020 A	9,232	0	0	$0
Norman D. Finch Jr.	Sr. VP, General Counsel & Secy	Feb. 14, 2020 A	10,264	0	0	$0
John R. Hartnett	Executive Vice President	Feb. 14, 2020 A	20,049	0	0	$0
Steven L Martindale	Executive Vice President	Feb. 14, 2020 A	38,493	0	0	$0
Juan Valls	Executive Vice President	Feb. 19, 2019 M	26,355	0	0	$0
Andrew Mines	Executive Vice President	Feb. 15, 2019 A	—	0	0	$0
Sundaram Nagarajan	Executive Vice President	Feb. 15, 2019 A	29,081	0	0	$0
Roland M Martel	Executive Vice President	Feb. 15, 2018 A	29,445	0	0	$0
David C Parry	Vice Chairman	Feb. 14, 2017 M	8,614	0	0	$0
Maria C Green	Sr. VP, General Counsel & Secy	Feb. 13, 2015 A	15,924	0	0	$0
Timothy J Gardner	Executive Vice President	Feb. 14, 2014 A	17,840	0	0	$0
Jane L Warner	Executive Vice President	Feb. 15, 2013 M	19,237	0	0	$0
James H Wooten Jr	Sr VP General Counsel & Secy	Feb. 13, 2012 M	21,639	0	0	$0
Eugene A Osterkorn	VP & Controller, Ops	May 20, 2011 M	3,769	0	0	$0
Robert E Brunner	Executive Vice President	April 27, 2011 M	5,890	0	0	$0
Allan C Sutherland	Sr VP Taxes & Investments	April 27, 2011 M	35,423	0	0	$0
Russell M Flaum	Executive Vice President	Sept. 18, 2009 M	92,770	0	0	$0
Hugh J Zentmyer	Executive Vice President	Feb. 8, 2008 A	9,199	0	0	$0
John R Campbell	Executive V.P.	Feb. 1, 2006 A	1,764	0	0	$0
David T Flood	Executive Vice President	Feb. 1, 2006 A	16,508	0	0	$0
Frank S Ptak	Vice Chairman	Dec. 10, 2004 A	32,637	0	0	$0
Stewart S Hudnut	Sr. V.P., Gen. Counsel & Sec.	Dec. 10, 2004 A	28,870	0	0	$0
RINGLER JAMES M	Vice Chairman	Dec. 14, 2001 A	10,288	0	0	$0
STROBEL PAMELA B	Director	May 8, 2026 A	39,374	0	1	$-373,025
James W Griffith	Director	May 8, 2026 A	24,127	0	0	$0
Richard H Lenny	Director	May 8, 2026 A	21,965	0	0	$0
Darrell L Ford	Director	Nov. 7, 2025 A	6,937	0	0	$0
Jaime A Irick	Director	May 2, 2025 A	1,521	0	0	$0
Jay L Henderson	Director	May 2, 2025 A	23,735	0	0	$0
Daniel J Brutto	Director	May 6, 2022 A	19,904	0	0	$0
Kevin M Warren	Director	May 7, 2021 A	10,808	0	0	$0
James A Skinner	Director	May 8, 2020 A	53,654	0	0	$0
Robert S Morrison	Director	May 5, 2017 A	99,741	0	0	$0
Don H Davis JR	Director	Feb. 6, 2015 A	55,527	0	0	$0
Robert C Mccormack	Director	May 28, 2014 S	3,834,268	0	0	$0
Marvin D Brailsford	Director	April 27, 2011 A	24,979	0	0	$0
William F Aldinger III	Director	Feb. 12, 2010 A	32,539	0	0	$0
BIRCK MICHAEL J	Director	April 17, 2008 A	36,426	0	0	$0
James R Cantalupo	Director	Aug. 10, 2001 A	5,366	0	0	$0
Matteo C. Pigozzo	—	Aug. 13, 2026 S	3,394	0	1	$-80,114
David Byron Smith JR	—	Aug. 7, 2026 A	30,372	1	0	$1,678,122
Jennifer F. Scanlon	—	Aug. 7, 2026 A	1,776	1	0	$199,880
Ernest Scott Santi	—	Aug. 7, 2026 A	266,288	0	6	$-48,686,118
Susan Crown	—	Aug. 7, 2026 A	59,219	0	0	$0
Anre D Williams	—	Nov. 1, 2022 G	6,675	0	0	$0
Harold B Smith	—	May 8, 2020 G	467,192	0	0	$0
Sharon M Brady	—	April 23, 2014 M	9,119	0	0	$0
Craig A Hindman	—	March 21, 2014 A	31,764	0	0	$0
Thomas J Hansen	—	Feb. 11, 2011 A	21,730	0	0	$0
Philip M Gresh JR	—	Feb. 11, 2011 A	600	0	0	$0
Robert T Callahan	—	Jan. 31, 2007 I	0	0	0	$0
James W Farrell	—	Dec. 10, 2004 A	7,157	0	0	$0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 2 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer	Filed	Stake	Status	Purpose	Filing
Illinois Tool Works Inc. ×3 filings	April 3, 2008	—	Initial filing	M&A / sale	SEC
Undisclosed reporting person	April 19, 2001	—	Initial filing	M&A / sale	SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 195 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund	Weight	Units	As of	Source
ABLD · Abacus FCF ETF Trust	2.13%	7,060 NS	April 30, 2026	N-PORT
FDIV · EA Series Trust	1.91%	5,375 NS	April 30, 2026	N-PORT
QDIV · Global X Funds	1.75%	2,311 NS	May 31, 2026	N-PORT
TMDV · ProShares Trust	1.41%	251 NS	May 31, 2026	N-PORT
KNG · First Trust Exchange-Traded Fund IV	1.39%	180,885 NS	April 30, 2026	N-PORT
NOBL · ProShares Trust	1.34%	598,517 NS	May 31, 2026	N-PORT
RSPN · Invesco Exchange-Traded Fund Trust	1.32%	48,229 SH	Aug. 8, 2026	Daily
VALQ · AMERICAN CENTURY ETF TRUST	1.27%	17,816 NS	May 31, 2026	N-PORT
MFSV · MFS Active Exchange Traded Funds Tr…	1.11%	21,280 NS	May 31, 2026	N-PORT
ESLV · Strategy Shares	1.08%	492 NS	April 30, 2026	N-PORT
ESLG · Strategy Shares	1.04%	782 NS	April 30, 2026	N-PORT
SPLV · Invesco Exchange-Traded Fund Trust …	1.02%	247,145 SH	Aug. 8, 2026	Daily
FIDU · FIDELITY COVINGTON TRUST	1.02%	81,741 NS	April 30, 2026	N-PORT
ESUM · Strategy Shares	1.00%	6,002 NS	April 30, 2026	N-PORT
VIS · VANGUARD WORLD FUND	0.99%	332,605 SH	Aug. 8, 2026	Daily
IYJ · iShares Trust	0.99%	65,423 SH	Aug. 8, 2026	Daily
OUSA · ALPS ETF Trust	0.98%	29,517 NS	May 31, 2026	N-PORT
HDV · iShares Trust	0.98%	489,311 SH	Aug. 8, 2026	Daily
SNPD · DBX ETF Trust	0.91%	96 NS	May 29, 2026	N-PORT
DUSL · Direxion Shares ETF Trust	0.88%	1,842 NS	April 30, 2026	N-PORT
SPHQ · Invesco Exchange-Traded Fund Trust	0.83%	554,561 SH	Aug. 8, 2026	Daily
CGDV · Capital Group Dividend Value ETF	0.82%	1,160,425 NS	May 31, 2026	N-PORT
EQIN · Columbia ETF Trust I	0.81%	8,662 NS	April 30, 2026	N-PORT
ALTL · Pacer Funds Trust	0.78%	2,903 NS	April 30, 2026	N-PORT
QUAL · iShares Trust	0.78%	1,264,451 SH	Aug. 8, 2026	Daily
VUSE · ETF Series Solutions	0.76%	21,070 NS	May 31, 2026	N-PORT
UXI · ProShares Trust	0.75%	864 NS	May 31, 2026	N-PORT
EXI · iShares Trust	0.74%	36,950 SH	Aug. 8, 2026	Daily
PEXL · Pacer Funds Trust	0.70%	1,237 NS	April 30, 2026	N-PORT
FOWF · Pacer Funds Trust	0.67%	387 NS	April 30, 2026	N-PORT
DUHP · Dimensional ETF Trust	0.62%	272,091 NS	April 30, 2026	N-PORT
HUSV · First Trust Exchange-Traded Fund III	0.61%	1,723 NS	April 30, 2026	N-PORT
REVS · Columbia ETF Trust I	0.60%	6,597 NS	April 30, 2026	N-PORT
IMCG · iShares Trust	0.60%	82,638 SH	Aug. 8, 2026	Daily
SFGV · EA Series Trust	0.59%	27,510 NS	May 29, 2026	N-PORT
IMCB · iShares Trust	0.58%	33,285 SH	Aug. 8, 2026	Daily
FDRR · FIDELITY COVINGTON TRUST	0.57%	15,211 NS	April 30, 2026	N-PORT
IMCV · iShares Trust	0.56%	21,971 SH	Aug. 8, 2026	Daily
QLC · FlexShares Trust	0.54%	18,900 NS	April 30, 2026	N-PORT
QDEF · FlexShares Trust	0.53%	10,956 NS	April 30, 2026	N-PORT
QDF · FlexShares Trust	0.53%	43,526 NS	April 30, 2026	N-PORT
BSCQ · Invesco Exchange-Traded Self-Indexe…	0.50%	17,763,000	Aug. 8, 2026	Daily
PALC · Pacer Funds Trust	0.49%	4,330 NS	April 30, 2026	N-PORT
RECS · Columbia ETF Trust I	0.46%	97,028 NS	April 30, 2026	N-PORT
DGRO · iShares Trust	0.46%	681,430 SH	Aug. 8, 2026	Daily
FDLO · FIDELITY COVINGTON TRUST	0.45%	24,625 NS	April 30, 2026	N-PORT
FQAL · FIDELITY COVINGTON TRUST	0.44%	23,320 NS	April 30, 2026	N-PORT
LRND · New York Life Investments ETF Trust	0.44%	4,864 NS	April 30, 2026	N-PORT
XOEF · iShares Trust	0.43%	330 SH	Aug. 8, 2026	Daily
JQUA · J.P. Morgan Exchange-Traded Fund Tr…	0.39%	111,648 NS	April 30, 2026	N-PORT
LCOW · Pacer Funds Trust	0.37%	332 NS	April 30, 2026	N-PORT
MGV · VANGUARD WORLD FUND	0.35%	171,790 SH	Aug. 8, 2026	Daily
CRTC · DBX ETF Trust	0.33%	1,734 NS	May 31, 2026	N-PORT
DIVB · iShares Trust	0.33%	19,596 SH	Aug. 8, 2026	Daily
DFVX · Dimensional ETF Trust	0.33%	6,135 NS	April 30, 2026	N-PORT
VYM · VANGUARD WHITEHALL FUNDS	0.32%	1,148,065 SH	Aug. 8, 2026	Daily
USXF · iShares Trust	0.32%	15,958 SH	Aug. 8, 2026	Daily
VIG · VANGUARD SPECIALIZED FUNDS	0.31%	1,479,081 SH	Aug. 8, 2026	Daily
ROUS · Lattice Strategies Trust	0.31%	7,029 NS	April 30, 2026	N-PORT
HQGO · Lattice Strategies Trust	0.30%	569 NS	April 30, 2026	N-PORT
PFM · Invesco Exchange-Traded Fund Trust	0.30%	8,188 SH	Aug. 8, 2026	Daily
SZNE · Pacer Funds Trust	0.29%	152 NS	April 30, 2026	N-PORT
VTV · VANGUARD INDEX FUNDS	0.28%	2,599,737 SH	Aug. 8, 2026	Daily
JPUS · J.P. Morgan Exchange-Traded Fund Tr…	0.28%	4,725 NS	April 30, 2026	N-PORT
QARP · DBX ETF Trust	0.26%	789 NS	May 29, 2026	N-PORT
IVE · iShares Trust	0.26%	434,052 SH	Aug. 8, 2026	Daily
OMFL · Invesco Exchange-Traded Self-Indexe…	0.25%	40,703 SH	Aug. 8, 2026	Daily
IUSV · iShares Trust	0.24%	228,146 SH	Aug. 8, 2026	Daily
VOOV · VANGUARD ADMIRAL FUNDS	0.24%	60,268 SH	Aug. 8, 2026	Daily
IQSU · New York Life Investments ETF Trust	0.23%	2,816 NS	April 30, 2026	N-PORT
DSI · iShares Trust	0.23%	42,173 SH	Aug. 8, 2026	Daily
RSP · Invesco Exchange-Traded Fund Trust	0.22%	741,322 SH	Aug. 8, 2026	Daily
IWX · iShares Trust	0.22%	30,168 SH	Aug. 8, 2026	Daily
PFIG · Invesco Exchange-Traded Fund Trust …	0.21%	254,000	Aug. 8, 2026	Daily
EUSA · iShares, Inc.	0.21%	13,713 SH	Aug. 8, 2026	Daily
FXR · First Trust Exchange-Traded AlphaDE…	0.21%	5,724 NS	April 30, 2026	N-PORT
SCHV · SCHWAB STRATEGIC TRUST	0.21%	132,052 NS	May 31, 2026	N-PORT
AQLT · iShares Trust	0.21%	2,186 SH	Aug. 8, 2026	Daily
SIZE · iShares Trust	0.21%	3,094 SH	Aug. 8, 2026	Daily
DFVE · DoubleLine ETF Trust	0.21%	218 NS	March 31, 2026	N-PORT
DEUS · DBX ETF Trust	0.21%	2,281 NS	May 29, 2026	N-PORT
SPXD · DBX ETF Trust	0.20%	56 NS	May 31, 2026	N-PORT
GSEW · Goldman Sachs ETF Trust	0.19%	13,404 NS	May 31, 2026	N-PORT
WRND · New York Life Investments ETF Trust	0.19%	73 NS	April 30, 2026	N-PORT
OALC · Unified Series Trust	0.17%	1,714 NS	May 31, 2026	N-PORT
SPUS · Tidal Trust I	0.17%	19,161 NS	May 31, 2026	N-PORT
DXUV · Dimensional ETF Trust	0.17%	2,646 NS	April 30, 2026	N-PORT
QRFT · Exchange Listed Funds Trust	0.17%	97 NS	April 30, 2026	N-PORT
SNPE · DBX ETF Trust	0.16%	18,222 NS	May 29, 2026	N-PORT
XMAG · Tidal Trust II	0.16%	943 NS	May 31, 2026	N-PORT
SPXT · ProShares Trust	0.16%	1,757 NS	May 31, 2026	N-PORT
DFSU · Dimensional ETF Trust	0.16%	12,884 NS	April 30, 2026	N-PORT
IWD · iShares Trust	0.16%	453,138 SH	Aug. 8, 2026	Daily
VONV · VANGUARD SCOTTSDALE FUNDS	0.15%	123,164 SH	Aug. 8, 2026	Daily
IWL · iShares Trust	0.15%	11,385 SH	Aug. 8, 2026	Daily
GSLC · Goldman Sachs ETF Trust	0.15%	93,285 NS	May 31, 2026	N-PORT
GVUS · Goldman Sachs ETF Trust	0.14%	2,369 NS	May 31, 2026	N-PORT
TOPC · iShares Trust	0.14%	150 SH	Aug. 8, 2026	Daily
MGC · VANGUARD WORLD FUND	0.14%	54,492 SH	Aug. 8, 2026	Daily
CATH · Global X Funds	0.14%	6,584 NS	April 30, 2026	N-PORT
DFAU · Dimensional ETF Trust	0.14%	61,716 NS	April 30, 2026	N-PORT
IUS · Invesco Exchange-Traded Self-Indexe…	0.14%	4,404 SH	Aug. 8, 2026	Daily
ILCG · iShares Trust	0.14%	15,039 SH	Aug. 8, 2026	Daily
DFAC · Dimensional ETF Trust	0.13%	231,541 NS	April 30, 2026	N-PORT
JUST · Goldman Sachs ETF Trust	0.13%	3,057 NS	May 31, 2026	N-PORT
ESGV · VANGUARD WORLD FUND	0.13%	65,043 SH	Aug. 8, 2026	Daily
QVML · Invesco Exchange-Traded Fund Trust …	0.13%	6,741 SH	Aug. 8, 2026	Daily
XVV · iShares Trust	0.13%	2,977 SH	Aug. 8, 2026	Daily
ILCB · iShares Trust	0.13%	5,622 SH	Aug. 8, 2026	Daily
CHRI · Global X Funds	0.13%	25 NS	April 30, 2026	N-PORT
PBUS · Invesco Exchange-Traded Fund Trust …	0.12%	48,356 SH	Aug. 8, 2026	Daily
PRF · Invesco Exchange-Traded Fund Trust	0.12%	41,005 SH	Aug. 8, 2026	Daily
PBP · Invesco Exchange-Traded Fund Trust	0.12%	1,491 SH	Aug. 8, 2026	Daily
ACVF · ETF Opportunities Trust	0.12%	681 NS	April 30, 2026	N-PORT
BKLC · BNY Mellon ETF Trust	0.12%	24,526 NS	April 30, 2026	N-PORT
BBUS · J.P. Morgan Exchange-Traded Fund Tr…	0.12%	36,539 NS	April 30, 2026	N-PORT
VV · VANGUARD INDEX FUNDS	0.12%	319,197 SH	Aug. 8, 2026	Daily
IWB · iShares Trust	0.12%	200,189 SH	Aug. 8, 2026	Daily
VOTE · TCW ETF Trust	0.12%	4,810 NS	April 30, 2026	N-PORT
AVSU · AMERICAN CENTURY ETF TRUST	0.12%	2,212 NS	May 31, 2026	N-PORT
ILCV · iShares Trust	0.12%	5,365 SH	Aug. 8, 2026	Daily
IVV · iShares Trust	0.12%	3,541,418 SH	Aug. 8, 2026	Daily
DSPY · Tema ETF Trust	0.11%	4,123 NS	May 31, 2026	N-PORT
SPXN · ProShares Trust	0.11%	365 NS	May 31, 2026	N-PORT
IWV · iShares Trust	0.11%	78,189 SH	Aug. 8, 2026	Daily
XYLG · Global X Funds	0.11%	280 NS	April 30, 2026	N-PORT
DCOR · Dimensional ETF Trust	0.11%	12,785 NS	April 30, 2026	N-PORT
XRMI · Global X Funds	0.11%	211 NS	April 30, 2026	N-PORT
XYLD · Global X Funds	0.11%	13,379 NS	April 30, 2026	N-PORT
XCLR · Global X Funds	0.11%	14 NS	April 30, 2026	N-PORT
VOXP · Advisors Series Trust	0.11%	24 NS	April 30, 2026	N-PORT
GSUS · Goldman Sachs ETF Trust	0.11%	14,175 NS	May 31, 2026	N-PORT
FNDX · SCHWAB STRATEGIC TRUST	0.11%	113,676 NS	May 31, 2026	N-PORT
VOO · VANGUARD INDEX FUNDS	0.11%	6,800,834 SH	Aug. 8, 2026	Daily
VONE · VANGUARD SCOTTSDALE FUNDS	0.11%	47,700 SH	Aug. 8, 2026	Daily
VTHR · VANGUARD SCOTTSDALE FUNDS	0.11%	24,215 SH	Aug. 8, 2026	Daily
TOV · EA Series Trust	0.11%	1,012 NS	April 30, 2026	N-PORT
PTLC · Pacer Funds Trust	0.11%	13,586 NS	April 30, 2026	N-PORT
GXLC · Global X Funds	0.11%	20 NS	May 31, 2026	N-PORT
SPXV · ProShares Trust	0.11%	176 NS	May 31, 2026	N-PORT
IYY · iShares Trust	0.11%	11,219 SH	Aug. 8, 2026	Daily
ONOF · Global X Funds	0.11%	630 NS	May 31, 2026	N-PORT
DFUS · Dimensional ETF Trust	0.11%	82,114 NS	April 30, 2026	N-PORT
SPXE · ProShares Trust	0.10%	351 NS	May 31, 2026	N-PORT
FNDB · SCHWAB STRATEGIC TRUST	0.10%	5,482 NS	May 31, 2026	N-PORT
ITOT · iShares Trust	0.10%	337,623 SH	Aug. 8, 2026	Daily
XTR · Global X Funds	0.10%	14 NS	April 30, 2026	N-PORT
GUSA · Goldman Sachs ETF Trust II	0.10%	9,615 NS	May 31, 2026	N-PORT
VTI · VANGUARD INDEX FUNDS	0.10%	8,676,736 SH	Aug. 8, 2026	Daily
SPUU · Direxion Shares ETF Trust	0.10%	880 NS	April 30, 2026	N-PORT
QDPL · Pacer Funds Trust	0.10%	5,985 NS	April 30, 2026	N-PORT
AVLC · AMERICAN CENTURY ETF TRUST	0.10%	4,834 NS	May 31, 2026	N-PORT
SCHX · SCHWAB STRATEGIC TRUST	0.10%	278,992 NS	May 31, 2026	N-PORT
PHDG · Invesco Actively Managed Exchange-T…	0.09%	207 SH	Aug. 8, 2026	Daily
RWL · Invesco Exchange-Traded Fund Trust …	0.09%	31,532 SH	Aug. 8, 2026	Daily
GDE · WisdomTree Trust	0.09%	2,258 NS	May 31, 2026	N-PORT
TOK · iShares Trust	0.09%	813 SH	Aug. 8, 2026	Daily
SCHK · SCHWAB STRATEGIC TRUST	0.09%	21,243 NS	May 31, 2026	N-PORT
AVUS · AMERICAN CENTURY ETF TRUST	0.09%	49,573 NS	May 31, 2026	N-PORT
GGUS · Goldman Sachs ETF Trust	0.09%	1,669 NS	May 31, 2026	N-PORT
SCHB · SCHWAB STRATEGIC TRUST	0.09%	155,920 NS	May 31, 2026	N-PORT
URTH · iShares, Inc.	0.09%	24,804 SH	Aug. 8, 2026	Daily
IWY · iShares Trust	0.09%	47,735 SH	Aug. 8, 2026	Daily
ISPY · ProShares Trust	0.09%	4,455 NS	May 31, 2026	N-PORT
CRBN · iShares Trust	0.08%	3,310 SH	Aug. 8, 2026	Daily
FEX · First Trust Exchange-Traded AlphaDE…	0.08%	4,719 NS	April 30, 2026	N-PORT
KOKU · DBX ETF Trust	0.08%	2,645 NS	May 29, 2026	N-PORT
TILT · FlexShares Trust	0.08%	6,314 NS	April 30, 2026	N-PORT
ACWI · iShares Trust	0.08%	87,559 SH	Aug. 8, 2026	Daily
SPXL · Direxion Shares ETF Trust	0.08%	17,749 NS	April 30, 2026	N-PORT
APUE · Trust for Professional Managers	0.07%	7,658 NS	May 31, 2026	N-PORT
USCL · iShares Trust	0.07%	7,240 SH	Aug. 8, 2026	Daily
IWF · iShares Trust	0.07%	315,497 SH	Aug. 8, 2026	Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX…	0.07%	235,850 SH	Aug. 8, 2026	Daily
VONG · VANGUARD SCOTTSDALE FUNDS	0.07%	132,494 SH	Aug. 8, 2026	Daily
AVUQ · AMERICAN CENTURY ETF TRUST	0.07%	722 NS	May 31, 2026	N-PORT
MSLC · MORGAN STANLEY PATHWAY FUNDS	0.07%	11,223 NS	May 31, 2026	N-PORT
USCA · DBX ETF Trust	0.07%	8,640 NS	May 29, 2026	N-PORT
SSO · ProShares Trust	0.07%	22,236 NS	May 31, 2026	N-PORT
SFY · Tidal Trust I	0.06%	1,720 NS	May 31, 2026	N-PORT
EQL · ALPS ETF Trust	0.06%	3,260 NS	May 31, 2026	N-PORT
CSM · ProShares Trust	0.06%	1,206 NS	May 31, 2026	N-PORT
VCLT · VANGUARD SCOTTSDALE FUNDS	0.05%	5,427,000 PA	Aug. 8, 2026	Daily
EBI · RBB Fund Trust	0.05%	1,328 NS	May 31, 2026	N-PORT
EQAL · Invesco Exchange-Traded Fund Trust …	0.05%	1,325 SH	Aug. 8, 2026	Daily
GLOV · Goldman Sachs ETF Trust	0.05%	3,174 NS	May 31, 2026	N-PORT
UPRO · ProShares Trust	0.05%	10,087 NS	May 31, 2026	N-PORT
HCMT · Direxion Shares ETF Trust	0.04%	931 NS	April 30, 2026	N-PORT
VCEB · VANGUARD WORLD FUND	0.03%	485,000 PA	Aug. 8, 2026	Daily
BLV · VANGUARD BOND INDEX FUNDS	0.02%	2,671,000 PA	Aug. 8, 2026	Daily
BNDX · VANGUARD CHARLOTTE FUNDS	0.02%	14,639,000 PA	Aug. 8, 2026	Daily
VTC · VANGUARD SCOTTSDALE FUNDS	0.01%	275,000 PA	Aug. 8, 2026	Daily
GEW · EA Series Trust	0.01%	30 NS	May 29, 2026	N-PORT
BND · VANGUARD BOND INDEX FUNDS	0.00%	29,916,000 PA	Aug. 8, 2026	Daily
BNDW · VANGUARD SCOTTSDALE FUNDS	0.00%	183,893 PA	Aug. 8, 2026	Daily

About Illinois Tool Works Inc. Common Stock Company overview from Wikipedia

Wynn's

ITW subsidiaries

Illegal exports

ITW Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

ITW Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

Moving averages & overlays

Volume

Oscillators

Momentum & trend

10-Year Performance Revenue, net income, margins and EPS trends

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Financial Health Debt, liquidity, solvency — balance sheet strength

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Dividends Yield, payout ratio, dividend history, 5Y CAGR

ITW Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

12-Month Price Target

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Latest News Recent headlines mentioning this company

My Metrics Your personal watchlist — selected rows from Full Fundamentals

Institutional owners (13F) 2,120 filers · $42.6B total · As of June 30, 2026

Company insiders 68 insiders · 39 officers · 18 directors

Activists & 5%+ owners 2 positions

ETF ownership Held by 195 ETFs