Illinois Tool Works (ITW) revenue breakdown
By segment, Automotive OEM is the largest at 20% of fiscal 2025 revenue; Test & Measurement and Electronics grew fastest, 4% a year over 9 years.
By region, United States is the largest at 46% of fiscal 2025 revenue; Asia Pacific grew fastest, 3% a year over 9 years.
Revenue by segment
Fiscal years, as Illinois Tool Works reports them in its 10-K filings; fiscal 2025 total $16.1B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Automotive OEM | $2.9B | $3.3B | $3.3B | $3.1B | $2.6B | $2.8B | $3.0B | $3.2B | $3.2B | $3.3B | 20% |
| Test & Measurement and Electronics | $2.0B | $2.1B | $2.2B | $2.1B | $2.0B | $2.3B | $2.8B | $2.8B | $2.8B | $2.8B | 18% |
| Food Equipment | $2.1B | $2.1B | $2.2B | $2.2B | $1.7B | $2.1B | $2.4B | $2.6B | $2.6B | $2.7B | 17% |
| Welding | $1.5B | $1.5B | $1.7B | $1.6B | $1.4B | $1.6B | $1.9B | $1.9B | $1.9B | $1.9B | 12% |
| Construction Products | $1.6B | $1.7B | $1.7B | $1.6B | $1.7B | $1.9B | $2.1B | $2.0B | $1.9B | $1.8B | 11% |
| Specialty Products | $1.9B | $1.9B | $2.0B | $1.8B | $1.7B | $1.9B | $1.8B | $1.7B | $1.7B | $1.8B | 11% |
| Polymers and Fluids | $1.7B | $1.7B | $1.7B | $1.7B | $1.6B | $1.8B | $1.9B | $1.8B | $1.8B | $1.8B | 11% |
Revenue by region
Fiscal years, as Illinois Tool Works reports them in its 10-K filings; fiscal 2025 total $16.0B.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $6.2B | $6.2B | $6.6B | $6.5B | $5.8B | $6.6B | $7.6B | $7.6B | $7.4B | $7.4B | 46% |
| EMEA | $3.8B | $4.1B | $4.2B | $3.9B | $3.4B | $3.9B | $3.9B | $4.1B | $4.1B | $4.2B | 26% |
| Asia Pacific | $2.4B | $2.6B | $2.6B | $2.4B | $2.3B | $2.8B | $3.0B | $2.9B | $3.0B | $3.1B | 19% |
| Canada And Mexico | $923M | $996M | $1.1B | $972M | $778M | $940M | $1.1B | $1.1B | $1.2B | $1.1B | 7% |
| South America | $352M | $396M | $342M | $310M | $224M | $265M | $324M | $303M | $306M | $323M | 2% |
Questions
Where does Illinois Tool Works make its money?
In fiscal 2025, by segment: Automotive OEM $3.3B, Test & Measurement and Electronics $2.8B, Food Equipment $2.7B, Welding $1.9B, Construction Products $1.8B.
From Illinois Tool Works's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.