Illinois Tool Works
ITW
$248.70
Share price
0.28%
Change (1 day)
-6.23%
Change (1 year)
Categories
Operating Margin for Illinois Tool Works (ITW)
Operating Margin as of April 2025 (TTM): 27.81%
According to Illinois Tool Works 's latest financial reports and stock price the company's current Operating Margin is 27.81%. At the end of 2024 the company had an Operating Margin of 27.81%.
Operating Margin history for Illinois Tool Works from 2001 to 2024
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2024 | 27.81% | 17.19% |
| 2023 | 23.74% | -1.58% |
| 2022 | 24.11% | 4.81% |
| 2021 | 23.01% | 7% |
| 2020 | 21.50% | -7.72% |
| 2019 | 23.30% | 1.4% |
| 2018 | 22.98% | 0.6% |
| 2017 | 22.84% | 6.83% |
| 2016 | 21.38% | 5.43% |
| 2015 | 20.28% | 8.85% |
| 2014 | 18.63% | 12.23% |
| 2013 | 16.60% | -23.4% |
| 2012 | 21.68% | 41.53% |
| 2011 | 15.32% | 13.02% |
| 2010 | 13.55% | 54.92% |
| 2009 | 8.75% | -36.39% |
| 2008 | 13.75% | -14.96% |
| 2007 | 16.17% | -6.62% |
| 2006 | 17.32% | 1.52% |
| 2005 | 17.06% | -1.19% |
| 2004 | 17.26% | 9.91% |
| 2003 | 15.71% | 3.72% |
| 2002 | 15.14% | 14.32% |
| 2001 | 13.25% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 | 22.68% | -18.45% | 🇺🇸 USA |
 | 27.88% | 0.25% | 🇺🇸 USA |
 | 8.47% | -69.54% | 🇺🇸 USA |
 | 14.82% | -46.71% | 🇺🇸 USA |
 | 19.82% | -28.73% | 🇺🇸 USA |
 | 14.89% | -46.46% | 🇺🇸 USA |
 | 21.76% | -21.75% | 🇺🇸 USA |
 | 19.30% | -30.60% | 🇺🇸 USA |
 | 15.65% | -43.73% | 🇮🇪 Ireland |
 | 9.87% | -64.51% | 🇺🇸 USA |
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.