itw: the income statement

MyFinsight

For the quarter ending 2025-09-30, ITW made $4,059M in revenue. $821M in net income. Net profit margin of 20.23%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Operating revenue	4,059	4,053	3,839	3,966
Cost of revenue	2,253	2,271	2,161	2,230
Selling, administrative, and research and development expenses	676	693	706	658
Amortization and impairment of intangible assets	18	21	21	26
Operating income	1,112	1,068	951	1,052
Interest expense	75	74	68	69
Other income (expense)	12	4	12	379
Income before taxes	1,049	998	895	1,362
Income taxes	228	243	195	202
Net income	821	755	700	1,160

Average (in shares)	290,800,000	292,300,000	293,600,000	296,100,000
Average assuming dilution (in shares)	291,700,000	292,900,000	294,500,000	297,000,000
Basic (in dollars per share)	2.82	2.58	2.39	3.92
Diluted (in dollars per share)	2.81	2.58	2.38	3.91

Unit: Million (M) dollars (except for numbers of shares and EPS)

itw: the income statement