ITW Q4 revenue slightly beats expectations, EPS beats

Illinois Tool Works

03/02/2026 13:07

Overview

Multi-industrial manufacturer's Q4 revenue slightly beat analyst expectations

Q4 EPS beat analyst expectations

Company repurchased $375 mln of its own shares in Q4

Outlook

ITW projects 2026 revenue growth of 2% to 4%

Company expects 2026 GAAP EPS of $11.00 to $11.40

ITW sees 2026 operating margin expansion of 100 bps

Result Drivers

FOREIGN CURRENCY - Foreign currency translation increased Q4 revenue by 2.5%

ENTERPRISE INITIATIVES - Enterprise initiatives contributed 140 bps to Q4 operating margin expansion

CUSTOMER-BACK INNOVATION - Customer-Back Innovation contributed 2.4% to 2025 revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$4.09 bln
$4.07 bln (15 Analysts)
Q4 EPS
Beat
$2.72
$2.68 (16 Analysts)
Q4 Net Income
$790 mln
Q4 Organic Growth
1.30%


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 11 "hold" and 6 "sell" or "strong sell"

The average consensus recommendation for the consumer goods conglomerates peer group is "buy."

Wall Street's median 12-month price target for Illinois Tool Works Inc is $265.00, about 0.3% above its February 2 closing price of $264.21

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nGNX72sKSN

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)