---
schema_version: "secwatch.filing_event.v1"
accession: "0000049826-21-000076"
form_type: "8-K"
ticker: "ITW"
cik: "0000049826"
company_name: "ILLINOIS TOOL WORKS INC"
filed_at: "2021-10-28T23:59:59+00:00"
generated_at: "2026-06-28T17:02:07.895663+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ITW Q3 revenue $3.6B (+8%), EPS $2.02 (+10%); updates FY guidance to $8.30-$8.50

## Summary
- Total revenue $3.6B, +8% total, +6% organic; GAAP EPS $2.02, +10% YoY.
- Operating margin 23.8% flat YoY; enterprise initiatives and volume leverage offset 200bps price/cost dilution.
- Six of seven segments grew; Welding +22%, Food Equipment +19%, Automotive OEM -11%.
- FY 2021 guidance: organic growth 11-12%, GAAP EPS $8.30-$8.50; free cash flow ~90% of net income.
- ITW expects to complete MTS Test & Simulation acquisition in Q4 2021 pending regulatory approvals.

## SEC filing metadata
- accession: 0000049826-21-000076
- form_type: 8-K
- ticker: ITW
- cik: 0000049826
- company_name: ILLINOIS TOOL WORKS INC
- filed_at: 2021-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49826/000004982621000076/0000049826-21-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49826/000004982621000076/itw-20211028.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049826-21-000076
- JSON: https://secwatch.observer/filing/0000049826-21-000076.json
- Plain text: https://secwatch.observer/filing/0000049826-21-000076.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.