---
schema_version: "secwatch.filing_event.v1"
accession: "0000049826-22-000009"
form_type: "8-K"
ticker: "ITW"
cik: "0000049826"
company_name: "ILLINOIS TOOL WORKS INC"
filed_at: "2022-05-03T23:59:59+00:00"
generated_at: "2026-06-26T01:41:33.552317+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ITW Q1 revenue $3.9B (+11% organic), EPS $2.11; raises FY guidance to $9.00-$9.40

## Summary
- GAAP EPS $2.11 (incl. $(0.05) FX headwind); revenue $3.9B, organic growth +11%.
- Operating margin 22.7% GAAP (23.4% ex-MTS); enterprise initiatives contributed 90 bps.
- Six of seven segments grew; Food Equipment +28%, Construction Products +21%, Welding +13%.
- FY 2022 guidance raised: GAAP EPS $9.00-$9.40, organic growth 7-10%, operating margin 24-25%.
- Free cash flow $249M (38% conversion); $375M in share repurchases in Q1, on track for $1.5B.

## SEC filing metadata
- accession: 0000049826-22-000009
- form_type: 8-K
- ticker: ITW
- cik: 0000049826
- company_name: ILLINOIS TOOL WORKS INC
- filed_at: 2022-05-03T23:59:59+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/49826/000004982622000009/0000049826-22-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49826/000004982622000009/itw-20220503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049826-22-000009
- JSON: https://secwatch.observer/filing/0000049826-22-000009.json
- Plain text: https://secwatch.observer/filing/0000049826-22-000009.txt

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