Illinois Tool Works (STU:ILT) EBIT: €3,725 Mil (TTM As of Mar. 2026)


STU:ILT Illinois Tool Works Inc STU:ILT
83 GF Score
Price €232.20
GF Value €234.19
Valuation Fairly Valued
! 1 Warning Sign
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What is Illinois Tool Works EBIT?

Illinois Tool Works STU:ILT +0.78% 83 EBIT is €3,725 Mil as of Mar. 2026. GuruFocus rates STU:ILT with a GF Score™ of 83/100 and a GF Value™ of €234.19 (Fairly Valued). The stock has 1 warning sign investors should review.

Illinois Tool Works's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €900 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €3,725 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Illinois Tool Works's annualized ROC % for the quarter that ended in Mar. 2026 was 25.12%. Illinois Tool Works's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 84.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Illinois Tool Works's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.04%.


Illinois Tool Works  (STU:ILT) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Illinois Tool Works's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=3529.2 * ( 1 - 20.58% )/( (11376.988 + 10943.115)/ 2 )
=2802.89064/11160.0515
=25.12 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=13790.392 - 1686.65 - ( 726.754 - max(0, 4377.604 - 5294.8+726.754))
=11376.988

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=14068.36 - 2409.89 - ( 715.355 - max(0, 4611.315 - 5479.775+715.355))
=10943.115

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Illinois Tool Works's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3598.4/( ( (2155.496 + max(2044.476, 0)) + (1928.95 + max(2354.53, 0)) )/ 2 )
=3598.4/( ( 4199.972 + 4283.48 )/ 2 )
=3598.4/4241.726
=84.83 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2755.858 + 1416.786 + 244.244) - (1686.65 + 290.36 + 395.402)
=2044.476

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2923.7 + 1492.99 + 347.73) - (2409.89 + 0 + -9.0949470177293E-13)
=2354.53

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Illinois Tool Works's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=3725.218/73982.043
=5.04 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Illinois Tool Works EBIT Related Terms


Illinois Tool Works EBIT Historical Data

* Premium members only.

The historical data trend for Illinois Tool Works's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Illinois Tool Works EBIT Chart

Illinois Tool Works Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,122.28 3,818.48 3,749.61 4,493.28 3,636.33

Illinois Tool Works Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 890.78 929.42 957.65 938.55 899.60

STU:ILT vs EMR, CMI, AME: EBIT Comparison

For the Specialty Industrial Machinery subindustry, Illinois Tool Works's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Illinois Tool Works EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Illinois Tool Works's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Illinois Tool Works's EV-to-EBIT falls into.


STU:ILT
83GF Score
Illinois Tool Works Inc STU:ILT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Illinois Tool Works EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,725 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €3,725 Mil mean?
Illinois Tool Works (STU:ILT) has a EBIT of €3,725 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Illinois Tool Works.
Is Illinois Tool Works' EBIT too high?
Illinois Tool Works' current EBIT is €3,725 Mil. Overall, Illinois Tool Works has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Illinois Tool Works' EBIT compare to EMR and CMI?
Illinois Tool Works' EBIT of €3,725 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Products company?
A good EBIT depends on the Industrial Products industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Illinois Tool Works. Illinois Tool Works's current EBIT is €3,725 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Illinois Tool Works stock overvalued right now?
Based on GuruFocus' analysis, Illinois Tool Works (STU:ILT) is currently considered Fairly Valued. The stock's GF Value™ is €234.19, compared to a current price of €232.20 — trading 0.8% below its estimated fair value. The current EBIT is €3,725 Mil. Illinois Tool Works' overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Illinois Tool Works (STU:ILT), the current EBIT is €3,725 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Illinois Tool Works (STU:ILT) Overvalued in 2026?

Based on GuruFocus' analysis, Illinois Tool Works stock appears to be undervalued. The current stock price of €232.20 is trading 0.8% below its estimated GF Value™ of €234.19. GuruFocus considers Illinois Tool Works to be Fairly Valued.

Key valuation signals for STU:ILT:

  • EBIT: €3,725 Mil
  • GF Value™: €234.19 vs. price of €232.20 (0.8% below fair value)
  • GF Score™: 83/100 with 1 warning sign

No single metric tells the full story. See the STU:ILT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Illinois Tool Works Business Description

Address 155 Harlem Avenue, Glenview, IL, USA, 60025
Founded in 1912, Illinois Tool Works has become a diversified industrial manufacturer through acquisitions and innovations that follow customer needs. ITW operates through seven business segments, with no segment representing more than one-fifth of revenue. ITW's automotive OEM segment sells vehicle components; its food equipment segment sells commercial kitchen appliances; its test and measurement and electronics segment sells inspection and analysis equipment; its welding segment sells welding equipment and consumables; its polymers and fluids segment sells industrial and consumer adhesives, solvents, and coatings; its construction products segment sells building fasteners and tools; and its specialty products segment sells medical, packaging, HVAC, and airport ground equipment.
83GF Score

Get the complete analysis for STU:ILT

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€232.20
Price
€234.19
GF Value