HighGravityDataCurrent guidance
17 items
Illinois Tool Works
Guidance from Illinois Tool Works’s last 8 earnings releases. Every value links to its sentence in the filing. See something wrong? Tell us.
Releases tracked
8
Latest release
Jul 28, 2026
Data checked
Jul 28, 2026
What changed in the Jul 28, 2026 release
Each item compared with the same item in the previous release (Apr 30, 2026). Values in quotation marks are the company’s words.
New — first stated in this releaseRaised / Lowered / Narrowed / Widened — changed from the prior releaseRevised — wording changed, direction not determinableChanged — value changed; the comparison couldn’t be parsed to a directionReiterated — restated unchangedNot restated — stated before, absent nowRaised and lowered describe the number, not whether the change is favorable.
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| New | Organic revenue midpoint | for FY2026 | — | “new midpoint of 3.5%” | Filing ↗ |
| Raised | Revenue growth | for FY2026 | “two to four percent” | “4 to 5 percent” | Filing ↗ |
| Revised | Enterprise initiatives contribution to operating margin | for FY2026 | “100 basis points” | “more than 100 basis points” | Filing ↗ |
| Raised | GAAP EPS | for FY2026 | “$11.10 to $11.50 per share” | “$11.35 to $11.55 per share” | Filing ↗ |
| New | GAAP EPS midpoint | for FY2026 | — | “new midpoint of $11.45” | Filing ↗ |
| Raised | Organic growth | for FY2026 | “one to three percent” | “3 to 4 percent” | Filing ↗ |
| Reiterated | Free cash flow to net income conversion | for FY2026 | “exceed 100 percent of net income” | “exceed 100 percent of net income” | Filing ↗ |
| Reiterated | Operating margin | for FY2026 | “26.5 to 27.5 percent” | “26.5 to 27.5 percent” | Filing ↗ |
| Reiterated | Effective tax rate | for FY2026 | “23 to 24 percent” | “23 to 24 percent” | Filing ↗ |
| Reiterated | Free cash flow | for FY2026 | “exceed 100 percent of net income” | “exceed 100 percent of net income” | Filing ↗ |
Show 4 items not restated in this release
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| Not restated | GAAP EPS | for FY2026 | “$11.00 to $11.40” | — | Filing ↗ |
| Not restated | GAAP EPS growth at mid-point | for FY2026 | “seven percent” | — | Filing ↗ |
| Not restated | GAAP EPS increase at mid-point | for FY2026 | “7%” | — | Filing ↗ |
| Not restated | Segment growth and margin expectation | for FY2026 | “all seven segments are expected to deliver both positive organic growth and operating margin expansion” | — | Filing ↗ |
Current guidance
Guidance for periods that have not yet ended, at its most recent value, grouped by horizon.
Current fiscal year
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Organic revenue midpoint | “new midpoint of 3.5%” | for FY2026 | Company-defined | Jul 28, 2026 | 1 | Filing ↗ |
| Revenue growth | “4 to 5 percent” | for FY2026 | GAAP-tied | Feb 3, 2026 | 3 | Filing ↗ |
| Enterprise initiatives contribution to margin | “approximate 100-basis point contribution” | for FY2026 | Company-defined | Apr 30, 2026 | 1 | Filing ↗ |
| Enterprise initiatives contribution to operating margin | “more than 100 basis points” | for FY2026 | GAAP-tied | Feb 3, 2026 | 2 | Filing ↗ |
| Free cash flow to net income conversion | “exceed 100 percent of net income” | for FY2026 | GAAP-tied | Apr 30, 2026 | 2 | Filing ↗ |
| Free cash flow to net income conversion rate | “greater than 100 percent of net income” | for FY2026 | GAAP-tied | Feb 3, 2026 | 1 | Filing ↗ |
| GAAP EPS | “$11.35 to $11.55 per share” | for FY2026 | GAAP-tied | Apr 30, 2026 | 2 | Filing ↗ |
| GAAP EPS | “$11.00 to $11.40” | for FY2026 | GAAP-tied | Feb 3, 2026 | 1 | Filing ↗ |
| GAAP EPS growth at mid-point | “seven percent” | for FY2026 | GAAP-tied | Feb 3, 2026 | 1 | Filing ↗ |
| GAAP EPS increase at mid-point | “7%” | for FY2026 | GAAP-tied | Feb 3, 2026 | 1 | Filing ↗ |
| GAAP EPS midpoint | “new midpoint of $11.45” | for FY2026 | GAAP-tied | Jul 28, 2026 | 1 | Filing ↗ |
| Operating margin | “26.5 to 27.5 percent” | for FY2026 | GAAP-tied | Feb 3, 2026 | 3 | Filing ↗ |
| Operating margin improvement | “approximately 100 basis points” | for FY2026 | GAAP-tied | Feb 3, 2026 | 1 | Filing ↗ |
| Segment growth and margin expectation | “all seven segments are expected to deliver both positive organic growth and operating margin expansion” | for FY2026 | Company-defined | Apr 30, 2026 | 1 | Filing ↗ |
| Effective tax rate | “23 to 24 percent” | for FY2026 | GAAP-tied | Feb 3, 2026 | 3 | Filing ↗ |
| Free cash flow | “exceed 100 percent of net income” | for FY2026 | Company-defined | Feb 3, 2026 | 3 | Filing ↗ |
| Organic growth | “3 to 4 percent” | for FY2026 | Company-defined | Feb 3, 2026 | 3 | Filing ↗ |
| Share repurchases | “approximately $1.5 billion” | for FY2026 | Declared action | Feb 3, 2026 | 3 | Filing ↗ |
How one item moved
Revenue growth, for FY2026 — every statement across the year, each linked to its filing.
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Get this for your own peer set — Peer Guidance Briefing, $3,000.
Full history
Every metric, every release, eight quarters — the complete record as one table.
| Metric | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Foreign currency translation impact on revenue | — | 1 statement | — |
| Organic revenue growth (adjusted for PLS) | — | 1 statement | — |
| Organic revenue midpoint | 1 statement | — | — |
| Overall revenue growth | — | 1 statement | — |
| Revenue and organic growth | — | 1 statement | 1 statement |
The full record for Illinois Tool Works and its Diversified industrials peers, delivered as a Peer Guidance Briefing — PDF and Excel, every value linked to its filing.
Filings
The 8 earnings releases this page is built from.
| Filed | Fiscal period | Accession | Guidance items | |
|---|---|---|---|---|
| Jul 28, 2026 | FY2026 Q2 | 0000049826-26-000047 | 11 | Open filing ↗ |
| Apr 30, 2026 | FY2026 Q1 | 0000049826-26-000025 | 10 | Open filing ↗ |
| Feb 3, 2026 | FY2025 Q4 | 0000049826-26-000003 | 12 | Open filing ↗ |
| Oct 24, 2025 | FY2025 Q3 | 0000049826-25-000050 | 7 | Open filing ↗ |
| Jul 30, 2025 | FY2025 Q2 | 0000049826-25-000034 | 8 | Open filing ↗ |
| Apr 30, 2025 | FY2025 Q1 | 0000049826-25-000011 | 7 | Open filing ↗ |
| Feb 5, 2025 | FY2024 Q4 | 0000049826-25-000004 | 14 | Open filing ↗ |
| Oct 30, 2024 | FY2024 Q3 | 0000049826-24-000045 | 8 | Open filing ↗ |
Values in quotation marks are the company’s words; the classification and filing links are HighGravityData’s. HighGravityData does not score or rank companies or give investment advice.
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