Last quarter (Q2 2023), Illinois Tool Works's total revenue was $4.07B, an increase of 1.57% from the same quarter last year. In Q2, Illinois Tool Works's net income was $754.00M. See Illinois Tool Works’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Total Revenue	$ 24.02B	$ 15.93B	$ 14.46B	$ 12.57B	$ 14.11B	$ 14.77B
Cost of Revenue	$ 9.43B	$ 9.56B	$ 8.62B	$ 7.38B	$ 8.19B	$ 8.60B
Gross Profit	$ 14.62B	$ 6.37B	$ 5.83B	$ 5.20B	$ 5.92B	$ 6.16B
Operating Expense	$ 1.29B	$ 2.58B	$ 2.36B	$ 2.32B	$ 2.52B	$ 2.58B
Operating Income	$ 13.33B	$ 3.79B	$ 3.48B	$ 2.88B	$ 3.40B	$ 3.58B
Net Non Operating Interest Income Expense	$ -237.00M	$ -203.00M	$ -202.00M	$ -189.00M	$ -192.00M	$ -222.00M
Other Income Expense	$ 7.75B	$ -255.00M	$ -51.00M	$ 11.00M	$ 78.00M	$ 32.00M
Pretax Income	$ 5.40B	$ 3.84B	$ 3.33B	$ 2.70B	$ 3.29B	$ 3.39B
Tax Provision	$ 859.00M	$ 808.00M	$ 632.00M	$ 595.00M	$ 767.00M	$ 831.00M
Earnings From Equity Interest Net Of Tax	-	-	-	-	-	-
Net Income Common Stockholders	$ 3.10B	$ 3.03B	$ 2.69B	$ 2.11B	$ 2.52B	$ 2.56B
Basic EPS	$ 10.14	$ 9.80	$ 8.55	$ 6.66	$ 7.78	$ 7.65
Diluted EPS	$ 10.10	$ 9.77	$ 8.51	$ 6.63	$ 7.74	$ 7.60
Basic Average Shares	$ 1.23B	$ 309.60M	$ 315.10M	$ 316.90M	$ 323.90M	$ 335.00M
Diluted Average Shares	$ 1.23B	$ 310.70M	$ 316.40M	$ 318.30M	$ 325.60M	$ 337.10M
Dividend Per Share	$ 8.99	$ 5.06	$ 4.72	$ 4.42	$ 4.14	$ 3.56
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 10.71B	$ 12.14B	$ 10.98B	$ 9.69B	$ 10.71B	$ 11.18B
Net Income From Continuing And Discontinued Operation	$ 3.10B	$ 3.03B	$ 2.69B	$ 2.11B	$ 2.52B	$ 2.56B
Normalized Income	$ 727.00M	-	-	$ 2.11B	$ 2.48B	$ 2.56B
Interest Expense	$ 52.00M	-	-	$ 206.00M	$ 221.00M	$ 257.00M
EBIT	$ 5.64B	$ 4.04B	$ 3.53B	$ 2.91B	$ 3.51B	$ 3.65B
EBITDA	$ 6.04B	$ 4.46B	$ 3.94B	$ 3.34B	$ 3.94B	$ 4.11B

Currency in USD

Illinois Tool Works Earnings and Revenue History

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