Illinois Tool Works Cost of Goods Sold 2012-2026 | ITW

Illinois Tool Works annual/quarterly cost of goods sold history and growth rate from 2012 to 2026. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Illinois Tool Works cost of goods sold for the quarter ending March 31, 2026 was $2.256B, a 4.4% increase year-over-year.
  • Illinois Tool Works cost of goods sold for the twelve months ending March 31, 2026 was $9.064B, a 2.14% increase year-over-year.
  • Illinois Tool Works annual cost of goods sold for 2025 was $8.969B, a 1.25% increase from 2024.
  • Illinois Tool Works annual cost of goods sold for 2024 was $8.858B, a 4.92% decline from 2023.
  • Illinois Tool Works annual cost of goods sold for 2023 was $9.316B, a 1.2% decline from 2022.
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Illinois Tool Works Annual Cost of Goods Sold
(Millions of US $)
2025 $8,969
2024 $8,858
2023 $9,316
2022 $9,429
2021 $8,489
2020 $7,375
2019 $8,187
2018 $8,604
2017 $8,306
2016 $7,908
2015 $7,888
2014 $8,673
2013 $8,554
2012 $9,134
2011 $9,089
Illinois Tool Works Quarterly Cost of Goods Sold
(Millions of US $)
2026-03-31 $2,256
2025-12-31 $2,284
2025-09-30 $2,253
2025-06-30 $2,271
2025-03-31 $2,161
2024-12-31 $2,221
2024-09-30 $2,230
2024-06-30 $2,262
2024-03-31 $2,145
2023-12-31 $2,312
2023-09-30 $2,319
2023-06-30 $2,344
2023-03-31 $2,341
2022-12-31 $2,309
2022-09-30 $2,371
2022-06-30 $2,392
2022-03-31 $2,357
2021-12-31 $2,191
2021-09-30 $2,096
2021-06-30 $2,163
2021-03-31 $2,039
2020-12-31 $2,000
2020-09-30 $1,910
2020-06-30 $1,594
2020-03-31 $1,871
2019-12-31 $2,022
2019-09-30 $2,007
2019-06-30 $2,099
2019-03-31 $2,059
2018-12-31 $2,096
2018-09-30 $2,096
2018-06-30 $2,231
2018-03-31 $2,181
2017-12-31 $2,124
2017-09-30 $2,092
2017-06-30 $2,087
2017-03-31 $2,003
2016-12-31 $2,018
2016-09-30 $2,027
2016-06-30 $1,967
2016-03-31 $1,896
2015-12-31 $1,941
2015-09-30 $1,953
2015-06-30 $2,024
2015-03-31 $1,970
2014-12-31 $2,114
2014-09-30 $2,182
2014-06-30 $2,219
2014-03-31 $2,158
2013-12-31 $2,173
2013-09-30 $2,148
2013-06-30 $2,155
2013-03-31 $2,078
2012-12-31 $1,268
2012-09-30 $2,289
2012-06-30 $2,814
2012-03-31 $2,763
2011-12-31 $369
2011-09-30 $2,962
2011-06-30 $2,996
Sector Industry Market Cap Revenue
Industrial Products General Industrial Machinery $77.931B $16.044B
Illinois Tool Works Inc. is a global manufacturer of a diversified range of industrial products and equipment. The Company's operations are organized into the following seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products.
Stock Name Country Market Cap PE Ratio
Parker-Hannifin (PH) United States $124.226B 33.36
Mitsubishi Heavy Industries (MHVYF) Japan $103.379B 54.72
Keyence (KYCCF) Japan $95.520B 0.00
Atlas Copco AB (ATLKY) Sweden $94.332B 35.18
Ferguson (FERG) United States $49.883B 24.82
Ingersoll Rand (IR) United States $33.436B 26.43
Otis Worldwide (OTIS) United States $31.078B 19.74
Dover (DOV) United States $29.267B 22.57
IHI CORP (IHICY) Japan $22.521B 0.00
RBC Bearings (RBC) United States $18.918B 55.30
Kawasaki Heavy Industries (KWHIY) Japan $18.178B 25.03
Watsco (WSO) United States $16.610B 33.78
Nordson (NDSN) United States $15.356B 26.09
Trimble (TRMB) United States $15.032B 24.63
IDEX (IEX) United States $14.951B 25.29
Graco (GGG) United States $14.525B 29.70
Regal Rexnord (RRX) United States $13.868B 21.59
GEA Group AG (GEAGF) Germany $12.153B 0.00
Generac Holdings (GNRC) United States $12.148B 32.60
Toromont Industries (TMTNF) Canada $11.686B 0.00
Flowserve (FLS) United States $10.783B 23.18
Applied Industrial Technologies (AIT) United States $10.781B 27.50
Watts Water Technologies (WTS) United States $10.093B 28.61
Chart Industries (GTLS) United States $9.946B 21.33
Accelleron Industries AG - (ACLLY) $9.513B 0.00
Spirax Group (SPXSY) United Kingdom $7.439B 0.00
Middleby (MIDD) United States $6.668B 15.51
Gates Industrial (GTES) United States $6.468B 17.57
Japan Steel Works (JPSWY) Japan $4.700B 40.41
MUELLER WATER PRODUCTS (MWA) United States $4.643B 21.99
SUMITOMO HEAVY (SOHVY) Japan $4.002B 17.71
Standex (SXI) United States $3.251B 32.32
ATS (ATS) Canada $3.011B 24.55
DXP Enterprises (DXPE) United States $2.384B 28.33
Helios Technologies (HLIO) United States $2.355B 27.78
DNOW (DNOW) United States $2.270B 13.57
Xometry (XMTR) United States $2.094B 0.00
Gorman-Rupp (GRC) United States $1.811B 32.31
Tennant (TNC) United States $1.396B 14.19
Wolfspeed (WOLF) United States $1.047B 0.00
Graham (GHM) United States $1.009B 60.73
Morgan Advanced Materials (MCRUF) United Kingdom $0.825B 0.00
Paul Mueller (MUEL) United States $0.418B 10.80
China High Speed Transmission Equipment Group (CHSTY) China $0.368B 0.00
Luxfer Holdings (LXFR) United States $0.348B 13.35
Crawford United (CRAWA) United States $0.292B 16.63
Twin Disc (TWIN) United States $0.256B 0.00
HUHUTECH Group (HUHU) China $0.256B 0.00
Alta Equipment Group (ALTG) United States $0.201B 0.00
Taylor Devices (TAYD) United States $0.165B 15.55
Ascent Industries (ACNT) United States $0.125B 0.00
ZJK Industrial (ZJK) China $0.120B 0.00
Burnham Holdings (BURCA) United States $0.085B 9.03
PyroGenesis (PYRGF) Canada $0.068B 0.00
Broadwind Energy (BWEN) United States $0.049B 0.00
CVD Equipment (CVV) United States $0.027B 0.00