The earnings call demonstrated strong operational performance with record margins and positive growth in key segments like China and Welding. However, challenges in North America, Europe, and the Construction Products segment tempered the overall performance. The company remains confident and raised its full-year guidance.

Company Guidance

During the ITW's Second Quarter 2025 Earnings Conference Call, the company provided updated guidance for the full year. They are raising their full-year GAAP EPS guidance by $0.10 at the midpoint, now expected to range between $13.50 to $15.50. ITW anticipates total revenue growth of 1% to 3%, with organic growth expected to be between 0% and 2%. The company reported a second-quarter operating margin of 26.3% and achieved a GAAP EPS of $2.58. ITW is on track for a free cash flow conversion rate of over 100% for the year, despite a 59% conversion rate in Q2. The company highlighted strategic progress, particularly in customer-back innovation, with a goal to achieve a yield of 3% plus by 2030. They also noted strong sequential revenue growth, particularly in the Asia Pacific region with a 9% increase, including a 15% rise in China.

Record Operating Margin

The company achieved a record operating margin of 26.3% in Q2 2025, supported by enterprise initiatives contributing 130 basis points.

Strong Performance in China

Asia Pacific saw a 9% increase in revenue with impressive growth of 15% in China, driven significantly by a 22% growth in the automotive segment.

Raising Full Year Guidance

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

Sequential Growth Across Segments

All seven segments grew revenue and expanded operating margins from Q1 to Q2, with three segments exceeding 30% margins.

Welding Segment Growth

The Welding segment delivered 3% organic growth, the highest in two years, supported by strong new product contributions.

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 2.72.

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