Illinois Tool Works Inc. (ITW) Gross Margin: 44.10%
Is Illinois Tool Works Inc.’s gross margin high or low?
Illinois Tool Works Inc.'s gross margin of 44.10% is in line with its 5-year average of 41.61%, near the high end of its 5-year range (39.98%–44.10%).
The gross margin for Illinois Tool Works Inc. (ITW) is 44.10% as of Tuesday, June 9, 2026. It is above its 12-month average by 0.51% (43.88%).
ITW Gross Margin Chart
ITW Average Gross Margin Chart
ITW Current vs Average Gross Margin Chart
ITW Gross Margin Metrics
GROSS MARGIN
44.10%
GROSS MARGIN AVG TTM
43.88%
GROSS MARGIN AVG 3Y
42.30%
GROSS MARGIN AVG 5Y
41.61%
GROSS MARGIN AVG 10Y
41.02%
GROSS MARGIN AVG 15Y
39.28%
GROSS MARGIN AVG 20Y
38.05%
CURRENT VS TTM AVG
+0.51%
CURRENT VS 3Y AVG
+4.26%
CURRENT VS 5Y AVG
+5.98%
CURRENT VS 10Y AVG
+7.51%
CURRENT VS 15Y AVG
+12.27%
CURRENT VS 20Y AVG
+15.91%
ITW Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Illinois Tool Works Inc. (ITW) | — | 44.10% | 43.88% | 42.30% | 41.61% |
| Emerson Electric Co. (EMR) | $79.77B | 52.84% | 51.81% | 49.57% | 47.39% |
| 3M Company (MMM) | $81.55B | 39.55% | 40.28% | 40.80% | 43.11% |
| PACCAR Inc (PCAR) | $62.99B | 16.23% | 18.08% | 19.00% | 18.78% |
| Rocket Lab USA, Inc. (RKLB) | $62.17B | 36.56% | 30.53% | 22.77% | 9.07% |
| United Parcel Service, Inc. (UPS) | $91.69B | 18.08% | 18.42% | 19.11% | 20.03% |
| Cummins Inc. (CMI) | $92.35B | 25.29% | 25.02% | 24.55% | 24.43% |
| Automatic Data Processing, Inc. (ADP) | $92.41B | 50.84% | 50.39% | 49.13% | 48.16% |
| Fastenal Company (FAST) | $53.48B | 45.01% | 45.05% | 45.45% | 45.58% |
| Rockwell Automation, Inc. (ROK) | $51.24B | 48.14% | 46.33% | 43.42% | 43.59% |
Gross Margin Analysis
Gross Margin
44.1%
(Revenue - COGS) / Revenue
Illinois Tool Works Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Illinois Tool Works Inc. Gross Margin FAQ
- What is the gross margin for Illinois Tool Works Inc. (ITW)?
- The gross margin for ITW stock is 44.10%.
- Is Illinois Tool Works Inc.'s gross margin high or low?
- Illinois Tool Works Inc.'s gross margin of 44.10% is in line with its 5-year average of 41.61%, near the high end of its 5-year range (39.98%–44.10%).
- What is the TTM average gross margin for Illinois Tool Works Inc. (ITW)?
- The TTM average gross margin for ITW stock is 43.88%.
- What is the 3Y average gross margin for Illinois Tool Works Inc. (ITW)?
- The 3Y average gross margin for ITW stock is 42.30%.
- What is the 5Y average gross margin for Illinois Tool Works Inc. (ITW)?
- The 5Y average gross margin for ITW stock is 41.61%.
- What is the 10Y average gross margin for Illinois Tool Works Inc. (ITW)?
- The 10Y average gross margin for ITW stock is 41.02%.
- What is the 15Y average gross margin for Illinois Tool Works Inc. (ITW)?
- The 15Y average gross margin for ITW stock is 39.28%.
- What is the 20Y average gross margin for Illinois Tool Works Inc. (ITW)?
- The 20Y average gross margin for ITW stock is 38.05%.
Illinois Tool Works Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 44.10% |
| 2024-12-31 | 43.65% |
| 2023-12-31 | 41.46% |
| 2022-12-31 | 39.98% |
| 2021-12-31 | 40.35% |
| 2020-12-31 | 40.12% |
| 2019-12-31 | 40.85% |
| 2018-12-31 | 40.46% |
| 2017-12-31 | 40.51% |
| 2016-12-31 | 40.29% |
| 2015-12-31 | 39.43% |
| 2014-12-31 | 38.45% |
| 2013-12-31 | 37.71% |
| 2012-12-31 | 34.48% |
| 2011-12-31 | 33.81% |
| 2010-12-31 | 32.84% |
| 2009-12-31 | 32.64% |
| 2008-12-31 | 34.11% |
| 2007-12-31 | 34.36% |
| 2006-12-31 | 34.66% |
| 2005-12-31 | 34.74% |
| 2004-12-31 | 34.97% |
| 2003-12-31 | 34.95% |
| 2002-12-31 | 34.37% |
| 2001-12-31 | 33.38% |
| 2000-12-31 | 37.96% |
| 1999-12-31 | 38.14% |
| 1998-12-31 | 38.63% |
| 1997-12-31 | 37.98% |
| 1996-12-31 | 37.11% |
Related Metrics
About Illinois Tool Works Inc.
Illinois Tool Works Inc. is a global enterprise specializing in the production and distribution of a wide array of industrial goods and specialized equipment. The company operates through seven distinct divisions: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM division supplies plastic and metal components, various fastening solutions, and integrated assemblies for automobiles, light-duty trucks, and other industrial applications. Its Food Equipment segment delivers commercial kitchen appliances for washing, refrigeration, cooking, and food processing, alongside comprehensive kitchen exhaust, ventilation, and pollution control systems, and offers related maintenance and repair services. The Test & Measurement and Electronics unit manufactures and sells machinery, expendable supplies, and accompanying software designed for assessing materials and structural integrity, in addition to equipment and consumables critical for the creation of electronic subassemblies and microelectronic components. The Welding division focuses on arc welding apparatus, coupled with metal arc welding consumables and associated accessories. The Polymers & Fluids segment produces adhesives, sealing compounds, lubrication and cutting fluids, and various fluids and polymers intended for automotive aftermarket upkeep and cosmetic purposes. The Construction Products segment provides purpose-engineered fastening systems and comprehensive solutions for new housing, renovation projects, and commercial building industries. Lastly, the Specialty Products segment delivers machinery and supplies for beverage packaging, equipment and expendables for product identification and marking, and specialized components and fasteners for appliances. ITW's broad clientele encompasses sectors such as automotive original equipment manufacturers (OEMs) and their suppliers, the commercial food service industry, construction companies, general industrial enterprises, and the automotive aftermarket. The corporation distributes its offerings directly to industrial manufacturers and via an extensive network of independent distributors. Established in 1912, Illinois Tool Works Inc. is headquartered in Glenview, Illinois.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- Christopher A. O'Herlihy