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Illinois Tool Works revenue decreased from $14.8 billion in 2018 to $14.1 billion in 2019, a (4.5%) decrease.

Annual Revenue ($)

Illinois Tool Works revenue was $14.11 b in FY, 2019 which is a (4.5%) year over year decrease from the previous period.

Quarterly Revenue ($)

FY, 2017FY, 2018FY, 2019
Revenue$14.31 b$14.77 b$14.11 b
Growth5.00%3.17%(4.46%)
Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020
Revenue$3.74 b$3.83 b$3.61 b$3.55 b$3.61 b$3.48 b$3.23 b$2.56 b$3.31 b

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Geographic Segment

Illinois Tool Works revenue breakdown by business segment: 11.8% from Polymers & Fluids, 11.6% from Welding, 12.9% from Specialty Products, 15.5% from Food Equipment, 21.7% from Automotive OEM, 11.5% from Construction Products and 15.0% from Test & Measurement and Electronics

Illinois Tool Works revenue breakdown by geographic segment: 6.9% from Canada / Mexico, 46.1% from United States, 27.8% from Europe, Middle East and Africa, 17.0% from Asia Pacific and 2.2% from Other

FY, 2019FY, 2018FY, 2017
Food Equipment$2.19 b$2.21 b$2.12 b
Welding$1.64 b$1.69 b$1.54 b
Polymers & Fluids$1.67 b$1.72 b$1.72 b
Automotive OEM$3.06 b$3.34 b$3.27 b
Specialty Products$1.83 b$1.95 b$1.94 b
Test & Measurement and Electronics$2.12 b$2.17 b$2.07 b
Construction Products$1.63 b$1.7 b$1.67 b
FY, 2019FY, 2018FY, 2017
North America$996 m
United States$6.51 b$6.56 b$6.24 b
Asia Pacific$2.4 b$2.57 b$2.58 b
Europe, Middle East and Africa$3.92 b$4.24 b$4.1 b
South America$310 m$342 m$396 m
Canada / Mexico$972 m$1.05 b

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