---
schema_version: "secwatch.filing_event.v1"
accession: "0000049826-22-000055"
form_type: "8-K"
ticker: "ITW"
cik: "0000049826"
company_name: "ILLINOIS TOOL WORKS INC"
filed_at: "2022-10-25T23:59:59+00:00"
generated_at: "2026-06-23T01:27:17.199651+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ITW Q3 revenue $4.0B (+13%), EPS $2.35 (+16%); raises full-year guidance

## Summary
- Revenue $4.0B, +13% YoY; organic growth 16% with five of seven segments double-digit.
- GAAP EPS $2.35, +16%; operating margin 24.5% (25.1% ex-MTS), +130 bps base business.
- Raising full-year GAAP EPS guidance to $9.45-$9.55 (from $9.00-$9.40) and organic growth to 11-12%.
- Closed sale of Polymers & Fluids division for ~$220M; expected Q4 EPS gain of $0.45.
- Repurchased $500M in Q3; dividend raised 7% to $5.24/share annualized.

## SEC filing metadata
- accession: 0000049826-22-000055
- form_type: 8-K
- ticker: ITW
- cik: 0000049826
- company_name: ILLINOIS TOOL WORKS INC
- filed_at: 2022-10-25T23:59:59+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/49826/000004982622000055/0000049826-22-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49826/000004982622000055/itw-20221025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049826-22-000055
- JSON: https://secwatch.observer/filing/0000049826-22-000055.json
- Plain text: https://secwatch.observer/filing/0000049826-22-000055.txt

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