Illinois Tool Works Inc. · NYSE:ITW
Illinois Tool Works — Q3 2026 Earnings Presentation
9 slides from Illinois Tool Works's earnings presentation, Oct 27, 2026
Slide 1: Third Quarter 2026 Earnings Conference Call
Third Quarter 2026 Earnings Conference Call October 27, 2026 Never stronger. Never better positioned for the future.
Slide 2: Forward-Looking Statements and Non-GAAP Financial Measures
Forward-Looking Statements This presentation and related conference call contain forward-looking statements within the meaning of U.S. federal securities laws, including the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements regarding supply
Slide 3: Q3'26 Financial Performance
Q3’26 Financial Performance COMMENTARY GAAP EPS $2.81 $3.00 +7% • Accelerating demand momentum in Test & Measurement/ Electronics and Welding; Strength in Polymers & Fluids - Organic growth of +5% ex-Welding tornado impact $4.24B +4% $4.06B - Meaningful increase in contribution from new products +4%
Slide 4: Q3'26 Financial Performance: Geography and Automotive OEM
Q3’26 Financial Performance ORGANIC GROWTH BY GEOGRAPHY AUTOMOTIVE OEM +6% $830M $814M (2)% 21.8% 20.1% (170) bps +3% EMEA China North ~flat APAC America (2)% Q3'25 Q3'26 Q3'25 Q3'26 REVENUE BY GEOGRAPHY Revenue Operating Margin • North America 53% • APAC 20% • Organic revenue (2)% • EMEA 24% − Chin
Slide 5: Q3'26 Financial Performance: Food Equipment and Test & Measurement/Electronics
Q3’26 Financial Performance FOOD EQUIPMENT TEST & MEASUREMENT/ELECTRONICS $819M +17% 28.7% +330 bps $698M +1% 29.2% 29.8% +60 bps $698M $694M 25.4% Q3'25 Q3'26 Q3'25 Q3'26 Q3'25 Q3'26 Q3'25 Q3'26 Revenue Operating Margin Revenue Operating Margin • Organic revenue 1% • Organic revenue 16% • Equipment
Slide 6: Q3'26 Financial Performance: Welding and Polymers & Fluids
Q3’26 Financial Performance WELDING POLYMERS & FLUIDS 36.3% +370 bps $513M +7% 31.3% +280 bps 32.6% $477M +8% $477M 28.5% $441M Q3'25 Q3'26 Q3'25 Q3'26 Q3'25 Q3'26 Q3'25 Q3'26 Revenue Operating Margin Revenue Operating Margin • Organic revenue 7%; 15% ex-tornado impact • Organic revenue 8% • Equipme
Slide 7: Q3'26 Financial Performance: Construction and Specialty Products
Q3’26 Financial Performance CONSTRUCTION PRODUCTS SPECIALTY PRODUCTS 32.3% 31.6% 31.4% (90) bps $473M $472M ~Flat 29.9% (170) bps $452M $447M (1)% Q3'25 Q3'26 Q3'25 Q3'26 Q3'25 Q3'26 Q3'25 Q3'26 Revenue Operating Margin Revenue Operating Margin • Organic revenue (1)% • Organic revenue (1)% • North A
Slide 8: 2026 Financial Guidance
2026 Financial Guidance COMMENTARY GAAP EPS $10.49 $11.45 - $11.55 +9 - 10% • Raised GAAP EPS guidance by $0.05 at mid-pt and narrowed range; +10% growth YoY at mid-pt of $11.50 $16.8 - $16.9B +4.5 - 5.5% • Accelerating capex demand momentum and meaningful $16.0B +3 - 4% increase in contribution fro
Slide 9: Q&A
Q&A Never stronger. Never better positioned for the future. 9