The earnings call highlighted ITW's strong financial performance in challenging market conditions, with significant growth in China and improvements in key segments like Automotive OEM and Welding. Despite challenges in North America and Europe, and a softer construction market, ITW's strategic initiatives and raised guidance indicate a positive outlook.

Company Guidance -

Q3 2025

During the second quarter 2025 earnings call, ITW provided updated guidance for the full year, raising the GAAP EPS range by $0.10 at the midpoint to $13.50 to $15.50. The company expects organic growth between 0% to 2% and total revenue growth of 1% to 3%, factoring in favorable foreign exchange rates. Operating margin is projected to improve by 100 basis points in the second half, with all seven segments expected to grow revenue and improve margins. ITW anticipates free cash flow conversion of over 100% for the year, despite a modestly below-average conversion rate of 59% in the second quarter. The company remains confident in navigating the current environment, attributing its solid performance to enterprise initiatives, pricing actions, and customer-back innovation, with a long-term goal of consistently outperforming end markets by 200 to 300 basis points, particularly in the Automotive OEM segment.

Record Q2 Financial Performance

ITW achieved second quarter records with GAAP EPS of $2.58, operating income of $1.1 billion, and an operating margin of 26.3%.

Strong Performance in China

Asia Pacific posted a 9% increase in organic revenue, with China specifically growing by 15% and 22% in the automotive segment.

Automotive OEM Segment Growth

The automotive OEM segment achieved a 4% revenue increase, driven by 2% organic growth, with China seeing an impressive 22% growth. Operating margin improved by 190 basis points to 21.3%.

Welding Segment Success

The Welding segment delivered 3% organic growth, with equipment sales increasing by 4% and consumables by 1%, achieving the highest growth rates in two years.

Raised Full Year 2025 Guidance

ITW raised its full year GAAP EPS guidance by $0.10 at the midpoint, reflecting confidence in navigating challenging macro conditions.

Illinois Tool Works (ITW) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ITW Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 28, 2025	2025 (Q3)	2.71 / -	3.91	―	―	―
Jul 30, 2025	2025 (Q2)	2.56 / 2.58	2.54	1.57% (+0.04)
Apr 30, 2025	2025 (Q1)	2.34 / 2.38	2.73	-12.82% (-0.35)
Feb 05, 2025	2024 (Q4)	2.49 / 2.54	2.38	6.72% (+0.16)
Oct 30, 2024	2024 (Q3)	2.52 / 3.91	2.55	53.33% (+1.36)
Jul 30, 2024	2024 (Q2)	2.47 / 2.54	2.48	2.42% (+0.06)
Apr 30, 2024	2024 (Q1)	2.36 / 2.73	2.33	17.17% (+0.40)
Feb 01, 2024	2023 (Q4)	2.41 / 2.38	2.95	-19.32% (-0.57)
Oct 24, 2023	2023 (Q3)	2.47 / 2.55	2.35	8.51% (+0.20)
Aug 01, 2023	2023 (Q2)	2.39 / 2.48	2.37	4.64% (+0.11)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ITW Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$259.50	$253.67	-2.25%
Apr 30, 2025	$240.29	$238.46	-0.76%
Feb 05, 2025	$251.60	$251.16	-0.17%
Oct 30, 2024	$251.45	$259.60	+3.24%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Illinois Tool Works (ITW) report earnings?

Illinois Tool Works (ITW) is schdueled to report earning on Oct 28, 2025, Before Open (Confirmed).

What is Illinois Tool Works (ITW) earnings time?

Illinois Tool Works (ITW) earnings time is at Oct 28, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ITW EPS forecast?

ITW EPS forecast for the fiscal quarter 2025 (Q3) is 2.71.

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