Illinois Tool Works Inc. (ITW) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, my name is Regina and I will be your conference operator today. At this time, I would like to welcome everyone to the ITW's fourth quarter and full year earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you'd like to withdraw your question, press star one a second time. For those participating in the Q&A, you will have the opportunity to ask one question, and if needed, one follow-up question. Thank you. Erin Linehan, Vice President of Investor Relations, you may begin the conference. Thank you, Regina. Good morning, and welcome to our ITW's fourth quarter 2025 conference call. I'm joined by our President and CEO, Chris O'Herlihy, and Senior Vice President and CFO, Michael Larson. During today's call, we will discuss ITW's fourth quarter and full year 2025 financial results and provide guidance for full year 2026. Slide two is a reminder that this presentation contains forward-looking statements. Please refer to the company's 2024 Form 10-K and subsequent reports filed with the SEC for more detail about important risks that could cause actual results to differ materially from our expectations. This presentation uses certain non-GAAP measures, and a reconciliation of those measures to the most directly comparable GAAP measures is contained in the press release. Please turn to slide three, and it's now my pleasure to turn the call over to our President and CEO, Chris O'Herlihy. Chris? Thank you, Erin, and good morning, everyone. As you saw in our press release this morning, ITW delivered a solid finish to the year...