secwatch.observer — SEC 8-K summary
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Issuer:     ILLINOIS TOOL WORKS INC (ITW)
CIK:        0000049826
Form:       8-K
Filed at:   2026-07-28T13:21:11+00:00
Accession:  0000049826-26-000047
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ITW Q2 revenue $4.30B (+6.1%), EPS $2.84 (+10.1%); raises FY2026 guidance
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- Revenue $4.30B, +6.1% YoY; organic growth +4.5% led by North America +6.4%.
- GAAP EPS $2.84, +10.1%; operating income $1.15B (+7.4%), margin 26.7% (record).
- Operating cash flow $723M, free cash flow $631M (+41%), 77% net income conversion.
- FY2026 guidance raised: organic growth 3-4% (midpoint +1.5 ppts), GAAP EPS $11.35-$11.55.
- Returned over $1.2B to shareholders in Q2, including $750M buybacks; expects ~$1.5B for FY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/49826/000004982626000047/0000049826-26-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49826/000004982626000047/itw-20260728.htm
  HTML page:      https://secwatch.observer/filing/0000049826-26-000047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer