Flagship explainer

How ILLINOIS TOOL WORKS INC makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$16.0B · 100%Cost of revenue$9.0B · 56%Gross profit$7.1B · 44%Operating income$4.2B · 26%Income before tax$4.0B · 25%Income tax$900M · 6%Net income$3.1B · 19%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$16.0B100%
Cost of revenue$9.0B56%
$7.1B44%
$4.2B26%
Income before tax$4.0B25%
Income tax$900M6%
$3.1B19%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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