ILLINOIS TOOL WORKS INC

General Industrial Machinery & Equipment·GLENVIEW, IL·FY end 12/31·CIK 49826

CEO Pay Ratio

208:1

Christopher A. O’Herlihy

CEO Total Comp

$15.2M

Christopher A. O’Herlihy

Median Employee

$73,094

Revenue

$16.0B

FY 2025

Net Income

—

FY 2025

Free Cash Flow

$2.7B

FY 2025

Net Margin

—

Insider Net (180d)

-$53.3M

1 buys / 8 sales

CEO Pay Accountability

CEO comp as % of net income

—

Not enough data to compute.

CEO comp as % of buybacks

1.01%

CEO comp equals 10.1‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$16.0B	$15.9B	$16.1B	$15.9B	$14.5B
Gross Profit	—	—	—	—	—	—
Operating Income	$4.2B	$4.3B	$4.0B	$3.8B	$3.5B
Net Income	—	—	—	—	—	—
Operating CF	$3.1B	$3.3B	$3.5B	$2.3B	$2.6B
Capex	$419.0M	$437.0M	$455.0M	$412.0M	$296.0M
Free Cash Flow	$2.7B	$2.8B	$3.1B	$1.9B	$2.3B
Buybacks	$1.5B	$1.5B	$1.5B	$1.8B	$1.0B
Dividends	$1.8B	$1.7B	$1.6B	$1.5B	$1.5B

Gross Margin	—	—	—	—	—	—
Operating Margin	26.3%	26.8%	25.1%	23.8%	24.1%
Net Margin	—	—	—	—	—	—
FCF Margin	16.9%	17.9%	19.1%	12.2%	15.6%
R&D / Revenue	1.9%	1.8%	1.8%	1.7%	1.7%
Effective Tax	—	—	—	—	—	—
Debt / Equity	—	—	—	—	—	—
Buybacks / FCF	55.4%	52.7%	48.6%	90.4%	44.2%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Christopher A. O’HerlihyPresident & Chief Executive Officer	$1.3M	$5.2M	$5.2M	$2.7M	$671.4K	$15.2M
Michael M. LarsenSenior Vice President and	$977.9K	$2.1M	$2.1M	$2.0M	$238.7K	$7.4M
Mary K. LawlerSenior Vice President and	$671.7K	$899.8K	$900.0K	$893.4K	$146.9K	$3.5M
Axel R.J. BeckExecutive Vice President	$665.8K	$774.8K	$775.0K	$924.7K	$86.0K	$3.2M
T. Kenneth EscoeExecutive Vice President	$567.6K	$749.8K	$750.0K	$808.7K	$151.7K	$3.0M