Illinois Tool Works Quarterly Cash Flow Statement
NYSE: ITWIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Illinois Tool Works free cash flow
In the quarter ended Jun 30, 2026, Illinois Tool Works generated $723.0 million of operating cash flow and spent $92.0 million on capital expenditures. That left free cash flow of $631.0 million, a free-cash-flow margin of 14.7% of revenue. Free cash flow was up 40.5% from the prior year's $449.0 million.
Illinois Tool Works returned $1.21 billion to shareholders: $463.0 million in dividends and $750.0 million in share repurchases, equal to 192% of free cash flow. Free cash flow covered dividend payments 1.4 times.
Summary generated from market data by MetaCap's automated system. Methodology
Illinois Tool Works cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 815.00M | 768.00M | 790.00M | 821.00M | 755.00M | 700.00M | 750.00M | 1.16B | 759.00M | 819.00M | 717.00M | 772.00M |
| Net Income growth (YoY) | +7.95% | +9.71% | +5.33% | -29.22% | -0.53% | -14.53% | +4.60% | +50.26% | +0.66% | +14.71% | -20.95% | +6.19% |
| Depreciation & Amortization | 82.00M | 81.00M | 83.00M | 82.00M | 78.00M | 74.00M | 77.00M | 78.00M | 74.00M | 72.00M | 74.00M | 70.00M |
| Stock-Based Compensation | 22.00M | 18.00M | 17.00M | 17.00M | 19.00M | 16.00M | 13.00M | 14.00M | 19.00M | 15.00M | 17.00M | 17.00M |
| Change in Working Capital | -178.00M | -161.00M | -40.00M | 39.00M | -64.00M | -158.00M | 255.00M | 86.00M | -48.00M | -167.00M | 214.00M | 102.00M |
| Operating Cash Flow | 723.00M | 623.00M | 963.00M | 1.02B | 550.00M | 592.00M | 1.11B | 891.00M | 687.00M | 589.00M | 1.04B | 982.00M |
| Capital Expenditures | -92.00M | -95.00M | -105.00M | -117.00M | -101.00M | -96.00M | -118.00M | -108.00M | -116.00M | -95.00M | -131.00M | -126.00M |
| Investing Cash Flow | -85.00M | -99.00M | -221.00M | -116.00M | -92.00M | -92.00M | -117.00M | 294.00M | -169.00M | -152.00M | -120.00M | -103.00M |
| Dividends Paid | -463.00M | -465.00M | -467.00M | -438.00M | -439.00M | -441.00M | -443.00M | -415.00M | -418.00M | -419.00M | -421.00M | -396.00M |
| Share Repurchases | -750.00M | -375.00M | -375.00M | -375.00M | -375.00M | -375.00M | -375.00M | -375.00M | -375.00M | -375.00M | -375.00M | -375.00M |
| Financing Cash Flow | -632.00M | -547.00M | -818.00M | -775.00M | -563.00M | -588.00M | -943.00M | -1.12B | -601.00M | -524.00M | -877.00M | -788.00M |
| Net Change in Cash | 12.00M | -24.00M | -73.00M | 136.00M | -85.00M | -75.00M | 1.00M | 85.00M | -97.00M | -106.00M | 75.00M | 68.00M |
| Free Cash Flow | 631.00M | 528.00M | 858.00M | 904.00M | 449.00M | 496.00M | 996.00M | 783.00M | 571.00M | 494.00M | 908.00M | 856.00M |
This table shows 12 quarterly periods of Illinois Tool Works's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow ITW's reporting calendar. What is a cash flow statement?