What is the current annual net margin of ITW?

As of today, ITW annual net margin is 21.94%

What is 1-year change in ITW annual net margin?

ITW annual net margin is up +19.50% year-over-year

What is 3-year change in ITW annual net margin?

ITW annual net margin is up +17.70% over the past 3 years

How far is ITW annual net margin from its all-time high?

ITW annual net margin is currently at its all-time high

How does ITW annual net margin rank versus sector peers?

ITW annual net margin is higher than 94.04% of companies in Industrials sector

When is ITW next annual earnings release?

The next annual earnings release for ITW is on February 3, 2026

What is the current quarterly net margin of ITW?

As of today, ITW quarterly net margin is 20.23%

What is ITW quarterly net margin most recent change?

ITW quarterly net margin was up +8.59% on September 30, 2025

What is 1-year change in ITW quarterly net margin?

ITW quarterly net margin is down -30.84% year-over-year

How far is ITW quarterly net margin from its all-time high?

ITW quarterly net margin is currently -30.84% below its historical high of 29.25% set on September 30, 2024

How does ITW quarterly net margin rank versus sector peers?

ITW quarterly net margin is higher than 92.15% of companies in Industrials sector

When is ITW next earnings release?

The next earnings release for ITW is on February 3, 2026

ITW Net Margin History & Chart Since 1980

Annual Net Margin

21.94%3.58%+19.50%

December 31, 2024

Summary

Current Value: As of today, ITW annual net margin is 21.94%, up +19.50% on December 31, 2024
Historical Performance: ITW annual net margin is up +17.70% over the past 3 years, and up +22.78% over the past 5 years
All-Time High Comparison: ITW annual net margin is currently at its all-time high
3-Year Low Comparison: ITW annual net margin is +19.50% above its 3-year low of 18.36% reached on December 31, 2023
Sector Comparison: ITW annual net margin is higher than 94.04% of companies in Industrials sector

Net Margin Chart

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Series

Performance

ITW Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 24	21.94%	+19.5%	+17.7%	+22.8%	+213.9%
Quarterly Net Margin	Sep 30, 25	20.23%	-30.8%	+11.6%	+14.9%	+94.0%
Price	Jan 13, 26	$256.76	+1.5%	+10.1%	+25.0%	+358.8%
PE Ratio	Jan 13, 26	24.92	+15.4%	+4.4%	-19.6%	+34.9%
Annual Revenue	Dec 31, 24	$15.90B	-1.3%	+10.0%	+12.7%	+14.6%
Annual Net Income	Dec 31, 24	$3.49B	+18.0%	+29.5%	+38.4%	+259.8%
Annual Gross Margin	Dec 31, 24	43.65%	+5.3%	+8.2%	+6.8%	+33.7%
Annual Operating Margin	Dec 31, 24	-29.53%	+11.8%	+17.0%	+15.7%	+47.9%

Net Margin Highs

ITW Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	21.94%	Dec 31, 24	at high
5Y	21.94%	Dec 31, 24	at high
All	21.94%	Dec 31, 24	at high

Net Margin Lows

ITW Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	18.36%	Dec 31, 23	+19.5%
5Y	16.77%	N/A	+30.8%
All	5.29%	Dec 31, 85	+314.7%

Net Margin History

Year	Value	Change
2024	21.94%	+19.5%
2023	18.36%	-3.6%
2022	19.04%	+2.1%
2021	18.64%	+11.2%
2020	16.77%	-6.2%
2019	17.87%	+2.9%
2018	17.36%	+47.2%
2017	11.79%	-21.2%
2016	14.96%	+5.6%
2015	14.17%	+8.6%
2014	13.05%	+13.2%
2013	11.53%	-17.2%
2012	13.92%	+22.8%
2011	11.34%	+20.4%
2010	9.42%	+34.8%
2009	6.99%	-30.0%
2008	9.98%	-11.6%
2007	11.29%	-7.6%
2006	12.22%	+5.6%
2005	11.57%	+1.3%
2004	11.42%	+10.1%
2003	10.37%	+5.4%
2002	9.84%	+13.9%

Year	Value	Change
2001	8.64%	-10.0%
2000	9.60%	+6.5%
1999	9.01%	-24.3%
1998	11.91%	+6.0%
1997	11.24%	+15.5%
1996	9.73%	+4.2%
1995	9.34%	+16.3%
1994	8.03%	+22.8%
1993	6.54%	-4.2%
1992	6.83%	-0.1%
1991	6.84%	-4.6%
1990	7.17%	-4.9%
1989	7.54%	+3.9%
1988	7.26%	+16.2%
1987	6.25%	-24.5%
1986	8.28%	+56.5%
1985	5.29%	-47.8%
1984	10.13%	+1.7%
1983	9.96%	+11.0%
1982	8.97%	-7.9%
1981	9.74%	-11.6%
1980	11.02%	-

FAQ

What is the current annual net margin of ITW?
As of today, ITW annual net margin is 21.94%
What is 1-year change in ITW annual net margin?
ITW annual net margin is up +19.50% year-over-year
What is 3-year change in ITW annual net margin?
ITW annual net margin is up +17.70% over the past 3 years
How far is ITW annual net margin from its all-time high?
ITW annual net margin is currently at its all-time high
How does ITW annual net margin rank versus sector peers?
ITW annual net margin is higher than 94.04% of companies in Industrials sector
When is ITW next annual earnings release?
The next annual earnings release for ITW is on February 3, 2026

Quarterly Net Margin

20.23%1.60%+8.59%

September 30, 2025

Summary

Current Value: As of today, ITW quarterly net margin is 20.23%, up +8.59% on September 30, 2025
Historical Performance: ITW quarterly net margin is down -30.84% year-over-year, and up +11.58% over the past 3 years
All-Time High Comparison: ITW quarterly net margin is currently -30.84% below its historical high of 29.25% set on September 30, 2024
3-Year Low Comparison: ITW quarterly net margin is +13.84% above its 3-year low of 17.77% reached on March 31, 2023
Sector Comparison: ITW quarterly net margin is higher than 92.15% of companies in Industrials sector

Performance

ITW Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 30, 25	20.23%	+8.6%	-30.8%	+11.6%	+14.9%
Annual Net Margin	Dec 31, 24	21.94%	–	+19.5%	+17.7%	+22.8%
Price	Jan 13, 26	$256.76	+3.5%	+1.5%	+10.1%	+25.0%
PE Ratio	Jan 13, 26	24.92	+3.5%	+15.4%	+4.4%	-19.6%
Quarterly Revenue	Sep 30, 25	$4.06B	+0.1%	+2.3%	+1.2%	+22.7%
Quarterly Net Income	Sep 30, 25	$821.00M	+8.7%	-29.2%	+12.9%	+41.1%
Quarterly Gross Margin	Sep 30, 25	44.05%	+1.4%	+2.2%	+10.0%	+8.0%
Quarterly Operating Margin	Sep 30, 25	27.40%	+4.0%	+3.3%	+11.8%	+14.8%

Quarterly Net Margin Highs

ITW Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	20.23%	Sep 30, 25	at high
3Y	29.25%	Sep 30, 24	-30.8%
5Y	29.25%	Sep 30, 24	-30.8%
All	29.25%	Sep 30, 24	-30.8%

Quarterly Net Margin Lows

ITW Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	18.23%	Mar 31, 25	+11.0%
3Y	17.77%	Mar 31, 23	+13.8%
5Y	16.55%	Dec 31, 21	+22.2%
All	-7.27%	Dec 31, 85	+378.3%

Quarterly Net Margin History

Month	Value	Change
Sep 2025	20.23%	+8.6%
Jun 2025	18.63%	+2.2%
Mar 2025	18.23%	-4.4%
Dec 2024	19.07%	-34.8%
Sep 2024	29.25%	+55.2%
Jun 2024	18.85%	-8.5%
Mar 2024	20.61%	+14.5%
Dec 2023	18.00%	-6.0%
Sep 2023	19.15%	+3.5%
Jun 2023	18.51%	+4.2%
Mar 2023	17.77%	-22.2%
Dec 2022	22.84%	+26.0%
Sep 2022	18.13%	-1.5%
Jun 2022	18.40%	+9.5%
Mar 2022	16.81%	+1.6%
Dec 2021	16.55%	-7.9%
Sep 2021	17.97%	-14.8%
Jun 2021	21.08%	+11.4%
Mar 2021	18.93%	+2.5%
Dec 2020	18.47%	+4.9%
Sep 2020	17.60%	+41.5%
Jun 2020	12.44%	-29.0%
Mar 2020	17.53%	-5.1%
Dec 2019	18.48%	-2.6%
Sep 2019	18.97%	+9.9%
Jun 2019	17.26%	+2.7%
Mar 2019	16.81%	-0.9%
Dec 2018	16.96%	-4.0%
Sep 2018	17.66%	+1.6%
Jun 2018	17.38%	-0.2%
Mar 2018	17.41%	+933.0%
Dec 2017	-2.09%	-111.8%
Sep 2017	17.70%	+8.5%
Jun 2017	16.31%	+5.6%
Mar 2017	15.44%	+3.5%
Dec 2016	14.92%	-2.5%
Sep 2016	15.31%	+0.1%
Jun 2016	15.30%	+7.1%
Mar 2016	14.29%	+4.0%
Dec 2015	13.74%	-9.8%
Sep 2015	15.24%	+9.0%
Jun 2015	13.98%	+2.0%
Mar 2015	13.70%	+4.1%
Dec 2014	13.16%	-4.2%
Sep 2014	13.73%	+3.4%
Jun 2014	13.28%	+10.8%
Mar 2014	11.99%	+4.7%
Dec 2013	11.45%	+0.6%
Sep 2013	11.38%	+3.5%
Jun 2013	11.00%	-3.9%
Mar 2013	11.45%	-50.3%
Dec 2012	23.03%	+97.5%
Sep 2012	11.66%	+3.0%
Jun 2012	11.32%	+9.3%
Mar 2012	10.36%	+2.4%
Dec 2011	10.12%	-5.4%
Sep 2011	10.70%	+2.1%
Jun 2011	10.48%	-26.2%
Mar 2011	14.20%	+50.7%
Dec 2010	9.42%	-9.7%
Sep 2010	10.43%	+1.1%
Jun 2010	10.32%	+26.5%
Mar 2010	8.16%	-38.1%
Dec 2009	13.19%	+55.9%
Sep 2009	8.46%	+60.5%
Jun 2009	5.27%	+621.8%
Mar 2009	-1.01%	-113.6%
Dec 2008	7.43%	-30.5%
Sep 2008	10.69%	-7.5%
Jun 2008	11.56%	+58.8%
Mar 2008	7.28%	-34.2%
Dec 2007	11.07%	-7.8%
Sep 2007	12.00%	-1.2%
Jun 2007	12.15%	+13.4%
Mar 2007	10.71%	-11.3%
Dec 2006	12.07%	-4.3%
Sep 2006	12.61%	-3.1%
Jun 2006	13.01%	+17.0%
Mar 2006	11.12%	-8.6%
Dec 2005	12.16%	-3.0%
Sep 2005	12.53%	+10.5%
Jun 2005	11.34%	+10.9%
Mar 2005	10.23%	-13.1%
Dec 2004	11.77%	+5.8%

Month	Value	Change
Sep 2004	11.12%	-7.3%
Jun 2004	12.00%	+12.1%
Mar 2004	10.70%	-2.1%
Dec 2003	10.93%	+2.5%
Sep 2003	10.66%	-3.8%
Jun 2003	11.08%	+28.5%
Mar 2003	8.62%	-10.1%
Dec 2002	9.59%	-5.7%
Sep 2002	10.17%	-6.6%
Jun 2002	10.89%	+21.0%
Mar 2002	9.00%	+9.2%
Dec 2001	8.24%	-0.8%
Sep 2001	8.31%	-10.4%
Jun 2001	9.27%	+21.5%
Mar 2001	7.63%	-4.3%
Dec 2000	7.97%	-25.4%
Sep 2000	10.68%	+0.8%
Jun 2000	10.60%	+16.4%
Mar 2000	9.11%	+25.8%
Dec 1999	7.24%	-38.4%
Sep 1999	11.75%	-4.5%
Jun 1999	12.30%	+10.3%
Mar 1999	11.15%	-8.7%
Dec 1998	12.21%	+2.6%
Sep 1998	11.90%	-4.0%
Jun 1998	12.39%	+11.7%
Mar 1998	11.09%	+57.3%
Dec 1997	7.05%	-37.8%
Sep 1997	11.34%	-2.6%
Jun 1997	11.64%	+16.1%
Mar 1997	10.03%	-3.2%
Dec 1996	10.36%	+4.4%
Sep 1996	9.92%	+0.8%
Jun 1996	9.84%	+13.2%
Mar 1996	8.69%	-9.0%
Dec 1995	9.55%	-0.2%
Sep 1995	9.57%	-1.7%
Jun 1995	9.74%	+20.7%
Mar 1995	8.07%	-10.7%
Dec 1994	9.04%	+10.2%
Sep 1994	8.20%	+2.1%
Jun 1994	8.03%	+21.7%
Mar 1994	6.60%	-10.2%
Dec 1993	7.35%	+12.6%
Sep 1993	6.53%	-1.2%
Jun 1993	6.61%	+18.0%
Mar 1993	5.60%	-22.4%
Dec 1992	7.22%	+4.5%
Sep 1992	6.91%	-3.2%
Jun 1992	7.14%	+19.0%
Mar 1992	6.00%	-10.3%
Dec 1991	6.69%	-2.8%
Sep 1991	6.88%	-2.1%
Jun 1991	7.03%	+3.8%
Mar 1991	6.77%	+0.3%
Dec 1990	6.75%	-5.5%
Sep 1990	7.14%	-6.7%
Jun 1990	7.65%	+7.0%
Mar 1990	7.15%	-3.6%
Dec 1989	7.42%	-0.8%
Sep 1989	7.48%	-3.5%
Jun 1989	7.75%	+3.5%
Mar 1989	7.49%	+5.3%
Dec 1988	7.11%	-1.0%
Sep 1988	7.18%	-7.6%
Jun 1988	7.77%	+12.6%
Mar 1988	6.90%	+16.8%
Dec 1987	5.91%	-6.0%
Sep 1987	6.29%	-6.8%
Jun 1987	6.75%	+11.0%
Mar 1987	6.08%	-13.3%
Dec 1986	7.01%	-23.1%
Sep 1986	9.11%	-5.2%
Jun 1986	9.61%	+10.5%
Mar 1986	8.70%	+219.7%
Dec 1985	-7.27%	-182.5%
Sep 1985	8.81%	-12.1%
Jun 1985	10.02%	+6.5%
Mar 1985	9.41%	-6.9%
Dec 1984	10.11%	-5.2%
Sep 1984	10.66%	+3.2%
Jun 1984	10.33%	+10.5%
Mar 1984	9.35%	-

FAQ

What is the current quarterly net margin of ITW?
As of today, ITW quarterly net margin is 20.23%
What is ITW quarterly net margin most recent change?
ITW quarterly net margin was up +8.59% on September 30, 2025
What is 1-year change in ITW quarterly net margin?
ITW quarterly net margin is down -30.84% year-over-year
How far is ITW quarterly net margin from its all-time high?
ITW quarterly net margin is currently -30.84% below its historical high of 29.25% set on September 30, 2024
How does ITW quarterly net margin rank versus sector peers?
ITW quarterly net margin is higher than 92.15% of companies in Industrials sector
When is ITW next earnings release?
The next earnings release for ITW is on February 3, 2026

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

ITW Official Website www.itw.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/49826/000004982625000057/0000049826-25-000057-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/49826/000004982625000007/0000049826-25-000007-index.htm
ITW Profile on Yahoo Finance finance.yahoo.com/quote/ITW
ITW Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/itw