Short answer
Illinois Tool Works (ITW) filed its fiscal 2025 10-K annual report with the SEC on Feb 13, 2026. It reported revenue of $16.0B (+0.9% year over year) and net income of $3.1B.
- Top risk flagged: No material cybersecurity incidents reported in 2023-2025, despite exposure to global cyber threats, with immaterial related costs or operational impacts
FY2025 key financial metrics · XBRL
- Revenue
- $16.0B
- +0.9% YoY
- Net income
- $3.1B
- −12.1% YoY
- Operating margin
- 26.3%
- −0.5 pp YoY
- EPS (diluted)
- $10.49
- −10.4% YoY
- ROE
- 95.0%
- −10.1 pp YoY
- Operating cash flow
- $3.1B
- −4.7% YoY
Source: XBRL data from the Illinois Tool Works (ITW) FY2025 10-K on SEC EDGAR. USD.
Illinois Tool Works FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business model focuses on manufacturing diversified industrial products and equipment for various commercial markets
- No new products, services, or segments introduced or emphasized this year in the filing
- Continued emphasis on corporate governance with Code of Ethics and Insider Trading Policy disclosed via proxy statement references
- Strategic disclosures integrated by reference to the Company’s 2026 Proxy Statement rather than fully detailed in 10-K text
- No quantitative business metrics reported directly in this filing section; focus on governance and regulatory compliance statements
Management Discussion & Analysis
- Revenue $12.1B, down 1% YoY primarily due to divestiture of Specialty Products business with $9M revenue
- Operating margin 18.4% vs 18.0% YoY from portfolio refinements, cost reductions, and 80/20 practice improvements
- Best segment: Welding with 8% revenue growth; worst: Specialty Products divested, revenue dropped by $9M
- Cash flow used for selective acquisitions, no specific buyback/dividend numbers disclosed, continued capex investments
- Management outlook: focusing on organic growth via Customer-back Innovation and 80/20 process; risks include volatility and market uncertainties
Risk Factors
- No material cybersecurity incidents reported in 2023-2025, despite exposure to global cyber threats, with immaterial related costs or operational impacts
- CISO with 20+ years experience and CISM certification leads cybersecurity program reporting to CIO, emphasizing key-person dependency risk
- Cybersecurity Governance Committee and Audit Committee receive quarterly reports on incidents and risk, indicating rigorous oversight under NIST CSF framework
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