Illinois Tool Works (ITW) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter declined compared to the prior quarter and the same quarter last year. The reported figure continued a trend of decreasing quarterly revenue.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter declined compared to the prior quarter and the same quarter last year. The reported figure continued a trend of decreasing quarterly revenue.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.8B
Revenue reported for this quarter.
Quarter-over-quarter
-2.4%
Change from the immediately preceding quarter.
Year-over-year
-3.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2024 | $4B | -1.2% |
| Sep 30, 2024 | $4B | -1.6% |
| Dec 31, 2024 | $3.9B | -1.3% |
| Mar 31, 2025 | $3.8B | -3.4% |
Revenue performance
Reported revenue decreased relative to the immediately preceding quarter and the same quarter one year earlier. The year-ago comparison showed a larger decline than the sequential change.
Quarterly comparison
Sequentially, revenue fell from the prior quarter. On a year-over-year basis, revenue was also lower than the same period last year, with the annual decline exceeding the sequential decline.
What to watch
The sustained quarterly revenue decline across recent periods warrants attention to underlying demand trends.