ITW Illinois Tool Works Inc.
Price Chart
Executive Summary
ITW reported Q1 2026 GAAP EPS of $2.66, beating the $2.56 consensus by 3.9%, on revenue of $4.02B (vs $4.01B est, +0.2% beat). Revenue grew 4.6% YoY (organic +0.4%), operating margin expanded 60bps to 25.4%, and the company raised full-year 2026 GAAP EPS guidance by $0.10 to $11.10-$11.50. The beat is modest but the guidance raise and margin expansion are positive signals for a mature industrial.
Key Financial Metrics
Actionable Insight
The modest EPS beat and guidance raise support the stock's current valuation. Watch for organic growth acceleration in H2 2026 — current 0.4% organic growth is tepid despite the positive margin story. The $1.5B buyback program provides a floor.
Key Facts
- Q1 2026 GAAP EPS $2.66 vs consensus $2.56 (beat by 3.9%)
- Q1 2026 revenue $4.02B vs consensus $4.01B (beat by 0.2%)
- Revenue grew 4.6% YoY; organic growth was 0.4%
- Operating margin expanded 60bps to 25.4%
- Full-year 2026 GAAP EPS guidance raised by $0.10 to $11.10-$11.50 (midpoint $11.30, +8% YoY)
- Operating cash flow $623M; free cash flow $528M (69% conversion of net income)
- Repurchased $375M of shares in Q1; expects ~$1.5B in buybacks for full year
- All seven segments expected to deliver positive organic growth and margin expansion in 2026
Financial Impact
EPS beat of $0.10 (3.9%) on $4.02B revenue; guidance raise of $0.10 to $11.10-$11.50 midpoint
Risk Factors
- Organic growth of only 0.4% suggests end-market demand is soft despite positive commentary
- Foreign currency translation contributed 3.9% of 4.6% revenue growth — underlying demand is weaker than headline
- Tariff and inflation risks could pressure margins in H2 2026
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3284797 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 8, 2026
15d ago
|
Press Release
| $254.34 $250.77 | ▼ −1.41% | ▼ −2.87% | $252.20 (−0.84%) |
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Apr 30, 2026
23d ago
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8-K
| — | awaiting T+5 | — | — |
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Apr 30, 2026
23d ago
|
Press Release
| — | awaiting T+5 | — | — |
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Apr 10, 2026
6w ago
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Press Release
| $270.34 $271.23 | ▲ +0.33% | ▼ −4.17% | $252.20 (−6.71%) |
|
Mar 27, 2026
8w ago
|
DEFA14A
| $258.69 $258.25 | ▼ −0.17% | ▼ −4.03% | $252.20 (−2.51%) |
US Market Status
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