Basis: Trailing twelve months (TTM net income over TTM revenue). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 19.39% is in line with its 5-year average of 18.57%, near the low end of its 5-year range (16.55%–29.25%).
0.75% above its 12-month average of 19.25%.
Reported quarterly profit margin; no daily interpolation.
NET PROFIT MARGIN
19.39%
NET PROFIT MARGIN AVG TTM
19.25%
NET PROFIT MARGIN AVG 3Y
18.91%
NET PROFIT MARGIN AVG 5Y
18.57%
NET PROFIT MARGIN AVG 10Y
17.94%
NET PROFIT MARGIN AVG 15Y
16.40%
NET PROFIT MARGIN AVG 20Y
14.97%
CURRENT VS TTM AVG
+0.75%
CURRENT VS 3Y AVG
+2.52%
CURRENT VS 5Y AVG
+4.41%
CURRENT VS 10Y AVG
+8.08%
CURRENT VS 15Y AVG
+18.24%
CURRENT VS 20Y AVG
+29.56%
SECTOR MEDIAN · INDUSTRIALS
9.86%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+96.75%
vs the sector median at left
Illinois Tool Works Inc.
Market Cap
$77.30B
Net Profit Margin
19.39%
TTM Avg
19.25%
3Y Avg
18.91%
5Y Avg
18.57%
Market Cap
$80.11B
Net Profit Margin
25.04%
TTM Avg
26.51%
3Y Avg
31.05%
5Y Avg
31.93%
Market Cap
$80.23B
Net Profit Margin
17.75%
TTM Avg
17.64%
3Y Avg
16.74%
5Y Avg
16.38%
Market Cap
$74.26B
Net Profit Margin
26.92%
TTM Avg
26.69%
3Y Avg
29.18%
5Y Avg
29.37%
Market Cap
$73.67B
Net Profit Margin
10.48%
TTM Avg
10.07%
3Y Avg
9.69%
5Y Avg
11.18%
Market Cap
$73.65B
Net Profit Margin
21.02%
TTM Avg
22.61%
3Y Avg
21.48%
5Y Avg
22.24%
Market Cap
$81.65B
Net Profit Margin
7.87%
TTM Avg
-3.17%
3Y Avg
-13.54%
5Y Avg
-15.15%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Illinois Tool Works Inc. (ITW) | $77.30B | 19.39% | 19.25% | 18.91% | 18.57% |
| Cummins Inc. (CMI)vs › | $77.49B | 7.82% | 10.00% | 7.46% | 7.95% |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $80.11B | 25.04% | 26.51% | 31.05% | 31.93% |
| Cintas Corporation (CTAS)vs › | $80.23B | 17.75% | 17.64% | 16.74% | 16.38% |
| FedEx Corporation (FDX)vs › | $74.32B | 4.68% | 4.67% | 4.67% | 4.83% |
| Canadian National Railway Company (CNI)vs › | $74.26B | 26.92% | 26.69% | 29.18% | 29.37% |
| Northrop Grumman Corporation (NOC)vs › | $73.67B | 10.48% | 10.07% | 9.69% | 11.18% |
| Norfolk Southern Corporation (NSC)vs › | $73.65B | 21.02% | 22.61% | 21.48% | 22.24% |
| Bloom Energy Corporation (BE)vs › | $81.65B | 7.87% | -3.17% | -13.54% | -15.15% |
| Emerson Electric Co. (EMR)vs › | $85.24B | 13.83% | 11.99% | 33.64% | 27.35% |
Operating Margin
26.5%
Net Profit Margin
19.4%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-06-30 | 18.95% |
| 2026-03-31 | 19.12% |
| 2025-12-31 | 19.30% |
| 2025-09-30 | 20.23% |
| 2025-06-30 | 18.63% |
| 2025-03-31 | 18.23% |
| 2024-12-31 | 19.07% |
| 2024-09-30 | 29.25% |
| 2024-06-30 | 18.85% |
| 2024-03-31 | 20.61% |
| 2023-12-31 | 18.00% |
| 2023-09-30 | 19.15% |
| 2023-06-30 | 18.51% |
| 2023-03-31 | 17.77% |
| 2022-12-31 | 22.84% |
| 2022-09-30 | 18.13% |
| 2022-06-30 | 18.40% |
| 2022-03-31 | 16.81% |
| 2021-12-31 | 16.55% |
| 2021-09-30 | 17.97% |
| 2021-06-30 | 21.08% |
| 2021-03-31 | 18.93% |
| 2020-12-31 | 18.47% |
| 2020-09-30 | 17.60% |
| 2020-06-30 | 12.44% |
| 2020-03-31 | 17.53% |
| 2019-12-31 | 18.48% |
| 2019-09-30 | 18.97% |
| 2019-06-30 | 17.26% |
| 2019-03-31 | 16.81% |
| 2018-12-31 | 16.96% |
| 2018-09-30 | 17.66% |
| 2018-06-30 | 17.38% |
| 2018-03-30 | 17.41% |
| 2017-12-31 | -2.09% |
| 2017-09-30 | 17.70% |
| 2017-06-30 | 16.31% |
| 2017-03-31 | 15.44% |
| 2016-12-31 | 14.92% |
| 2016-09-30 | 15.31% |
| 2016-06-30 | 15.30% |
| 2016-03-31 | 14.29% |
| 2015-12-31 | 13.74% |
| 2015-09-30 | 15.24% |
| 2015-06-30 | 13.98% |
| 2015-03-31 | 13.70% |
| 2014-12-31 | 12.84% |
| 2014-09-30 | 14.38% |
| 2014-06-30 | 40.12% |
| 2014-03-31 | 13.25% |
| 2013-12-31 | 11.48% |
| 2013-09-30 | 12.67% |
| 2013-06-30 | 11.02% |
| 2013-03-31 | 8.83% |
| 2012-12-31 | 23.19% |
| 2012-09-30 | 11.64% |
| 2012-06-30 | 18.93% |
| 2012-03-31 | 10.69% |
| 2011-12-31 | 10.24% |
| 2011-09-30 | 11.07% |
| 2011-06-30 | 10.81% |
| 2011-03-31 | 14.20% |
| 2010-12-31 | 9.42% |
| 2010-09-30 | 10.50% |
| 2010-06-30 | 10.09% |
| 2010-03-31 | 9.26% |
| 2009-12-31 | 13.50% |
| 2009-09-30 | 8.45% |
| 2009-06-30 | 5.20% |
| 2009-03-31 | -1.35% |
| 2008-12-31 | 6.36% |
| 2008-09-30 | 10.93% |
| 2008-06-30 | 11.55% |
| 2008-03-31 | 7.33% |
| 2007-12-31 | 11.32% |
| 2007-09-30 | 12.00% |
| 2007-06-30 | 12.76% |
| 2007-03-31 | 10.71% |
| 2006-12-31 | 12.07% |
| 2006-09-30 | 12.61% |
| 2006-06-30 | 13.01% |
| 2006-03-31 | 11.12% |
| 2005-12-31 | 12.16% |
| 2005-09-30 | 12.53% |
| 2005-06-30 | 11.34% |
| 2005-03-31 | 10.16% |
| 2004-12-31 | 11.73% |
| 2004-09-30 | 11.12% |
| 2004-06-30 | 12.00% |
| 2004-03-31 | 10.71% |
| 2003-12-31 | 10.79% |
| 2003-09-30 | 10.62% |
| 2003-06-30 | 10.77% |
| 2003-03-31 | 8.44% |
| 2002-12-31 | 9.19% |
| 2002-09-30 | 10.23% |
