ITW ILLINOIS TOOL WORKS INC

CIK 0000049826 36 ready 8-Ks latest May 22, 2026, 4:03 PM ET RSS · JSON

Activity: QUIET 0 filings / 30d vs 1 baseline Risk accumulating: repeated leadership change (2)

Ready 8-Ks 36

Latest filing May 22, 2026, 4:03 PM ET

Top materiality 0.85

Event mix earnings ×20 · leadership ×6 · debt ×5

Sentiment 21 pos · 0 neg · 15 neu

Latest earnings ▲ beat 2026-Q1

Executive change recent →

Recent 8-K filings for ITW

Highest-materiality recent filing

ITW Q2 revenue $3.7B (+43%), EPS $2.45 (+143%), raises full-year guidance

July 30, 2021, 7:59 PM ET earnings materiality 0.85 positive item 2.02 item 9.01

Organic revenue grew 37% YoY; all seven segments delivered double-digit organic growth led by Automotive OEM (+84%) and Food Equipment (+46%).
GAAP EPS $2.45 includes $0.35 one-time UK tax benefit; operating margin 24.3%, up 680 bps.

Read filing →

May 22, 2026, 4:03 PM ET leadership materiality 0.45 neutral item 5.02 ◈ executive_change ×2

ITW VP & CAO Randall Scheuneman to retire; Matteo Pigozzo named successor

Randall J. Scheuneman to retire as VP & CAO effective March 1, 2027; steps down from role June 30, 2026.
May 12, 2026, 4:09 PM ET other material materiality 0.10 neutral item 5.07 ◈ Shareholder Votes ×4

ITW stockholders elect all 13 director nominees at 2026 annual meeting

All 13 director nominees elected with strong support; vote totals from 222M to 234M for.
April 30, 2026, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases

ITW Q1 revenue $4.02B (+5%), GAAP EPS $2.66 (+12%), raises FY2026 EPS guidance by $0.10

Revenue $4.02B (+4.6% total; organic +0.4%, FX +3.9%, acquisition +0.3%).
February 23, 2026, 6:59 PM ET debt materiality 0.50 neutral item 1.01 item 1.02 item 2.03 item 9.01 ◈ Material Agreements ×2◈ Debt Financings

ITW enters $3B five-year credit facility, replaces existing revolver

$3.0B five-year credit agreement with JPMorgan Chase as Agent and Citibank as Syndication Agent.
February 3, 2026, 6:59 PM ET earnings materiality 0.65 positive item 2.02 item 9.01

ITW Q4 earnings: revenue $4.1B (+4.1%), GAAP EPS $2.72 (+7%); FY2026 guidance $11.00-$11.40

Q4 2025 revenue $4.1B (+4.1% YoY); GAAP EPS $2.72 (+7%); organic growth 1.3%.
October 24, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

ITW Q3 2025 EPS $2.81 (+6% ex-divestiture gain); record operating margin 27.4%

Revenue $4.1B, +2% overall; organic +1%; operating income $1.1B, +6%; record margin 27.4% (+90 bps).
July 30, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

ITW Q2 GAAP EPS $2.58 record; revenue $4.1B; FY guidance raised to $10.35-$10.55

Revenue $4.1B (+1% YoY); flat organic growth; GAAP EPS $2.58 (+2%), a Q2 record.
May 7, 2025, 7:59 PM ET other materiality 0.15 neutral item 5.07

ITW annual meeting elects all 12 directors, shareholder proposal defeated

All 12 board nominees elected; votes ranged from 219.6M (Strobel) to 236.5M (Grier) FOR.
April 30, 2025, 7:59 PM ET earnings materiality 0.65 positive item 2.02 item 9.01

ITW Q1 2025 GAAP EPS $2.38; revenue $3.8B down 3.4%; maintains full-year guidance

Revenue of $3.8B, down 3.4%; organic down 1.6% (flat on equal days).
February 27, 2025, 6:59 PM ET debt materiality 0.30 positive item 1.01 item 9.01

ITW amends €750M Euro credit facility; maturity extended to 2027, spread cut to 0.70%

Termination date extended to February 28, 2027, with option to extend to September 15, 2027.
February 5, 2025, 6:59 PM ET earnings materiality 0.65 positive item 2.02 item 9.01

ITW Q4 revenue down 1.3% but EPS up 7% to $2.54; record operating margin 26.2%

Revenue $3.9B, -1.3%; organic -0.5% (adjusted +0.4% excluding Product Line Simplification).
October 30, 2024, 7:59 PM ET earnings materiality 0.65 neutral item 2.02 item 9.01

ITW Q3 GAAP EPS $3.91 (incl. $1.26 gain); ex-gain EPS $2.65 up 4%; revenue $4.0B down 1.6%

GAAP EPS $3.91 includes $1.26 gain from Wilsonart sale; adjusted EPS $2.65, up 4% YoY.
August 6, 2024, 7:59 PM ET M&A materiality 0.60 positive item 8.01

ITW sells Wilsonart equity interest for ~$398M; expects ~$360M pre-tax gain in Q3 2024

Sold non-controlling equity interest in Wilsonart to affiliates of Clayton, Dubilier & Rice; transaction closed immediately.
July 30, 2024, 7:59 PM ET earnings materiality 0.75 neutral item 2.02 item 9.01

ITW Q2 operating margin 26.2% (record), revenue -1%, EPS $2.54; narrows FY EPS guidance to $10.30-$10.40

Revenue $4.0B (-1.2% yoy); organic growth flat (-0.1%), FX -1.2%, acquisitions +0.1%.
May 17, 2024, 7:59 PM ET debt materiality 0.50 neutral item 8.01 item 9.01

ITW issues €1.5B in notes: €650M 3.250% due 2028, €850M 3.375% due 2032

Issued €650M of 3.250% notes due May 2028 and €850M of 3.375% notes due May 2032.
May 9, 2024, 7:59 PM ET other material materiality 0.45 neutral item 5.02 item 5.03 item 5.07 item 9.01 ◈ Shareholder Votes ×5◈ Governance Changes

ITW shareholders approve 2024 LTIP, defeat termination pay proposal; By-laws amended

Stockholders approved 2024 Long-Term Incentive Plan (230.6M for, 10.0M against) as successor to 2015 plan.
April 30, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases

ITW Q1: rev $4.0B, organic -0.6%; GAAP EPS $2.73 (ex-item $2.44, +5%); raises FY EPS guide to $10.30-10.70

GAAP EPS $2.73 (+17%) includes $0.29 benefit from LIFO-to-FIFO accounting change; ex-item EPS $2.44, +5%.
February 1, 2024, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

ITW reports Q4 revenue $4.0B flat, EPS $2.38; FY23 free cash flow record $3.1B; FY24 EPS guidance $10.00-$10.40

Q4 revenue $4.0B (flat YoY); organic revenue -0.5%; GAAP EPS $2.38 included $(0.04) Argentina devaluation hit.
December 11, 2023, 6:59 PM ET leadership materiality 0.30 neutral item 5.02 ◈ executive_change

Illinois Tool Works elects Jaime Irick to Board of Directors, effective Feb 1, 2024

Jaime Irick elected to ITW Board effective Feb 1, 2024, term until May 2024 Annual Meeting.
October 24, 2023, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases

ITW Q3 GAAP EPS $2.55 (+9%), revenue $4.0B (+0.5%); narrows FY EPS guidance to $9.65-$9.85

Revenue $4.0B (+0.5%); organic growth 0.2% (2% on equal days basis). Operating margin 26.5% (+200 bps).
September 7, 2023, 7:59 PM ET leadership materiality 0.75 positive item 5.02 item 7.01 item 9.01 ◈ executive_change ×3

ITW names Christopher O'Herlihy as CEO effective Jan 1, 2024; Santi becomes Non-Executive Chairman

Christopher A. O'Herlihy, current Vice Chairman, named President and CEO and elected to Board, effective Jan 1, 2024.
August 1, 2023, 7:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01 ◈ Earnings Releases ×2

ITW Q2 2023: record operating income $1.01B, GAAP EPS $2.48, raises FY guidance

Revenue $4.1B (+2% total, +3% organic); record operating income $1.01B (+9%); margin 24.8% (+170 bps).
May 10, 2023, 7:59 PM ET debt materiality 0.50 neutral item 1.01 item 2.03 item 5.07 item 9.01 ◈ Shareholder Votes ×5◈ Debt Financings◈ Material Agreements

ITW enters €1.3B Euro credit facility, borrows full amount

Entered €1.3B Euro credit agreement on May 5, 2023; agent ING Bank N.V.; includes €300M incremental commitment.
May 2, 2023, 7:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01 ◈ Earnings Releases

ITW Q1 GAAP EPS $2.33 (+10% YoY); raises FY guidance by $0.05 to $9.45-$9.85

Revenue $4.0B, organic growth +5%; operating margin 24.2% (+150 bps).
February 16, 2023, 6:59 PM ET leadership materiality 0.20 neutral item 5.02 ◈ executive_change

ITW director Anré D. Williams to not stand for reelection at 2023 annual meeting

Anré D. Williams notified ITW on Feb 10, 2023, he will not seek reelection due to other professional commitments.
February 2, 2023, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases

ITW Q4 GAAP EPS $2.95, adjusted $2.34; FY22 records; guides FY23 EPS $9.40-$9.80, organic growth 3-5%

Q4 revenue $4.0B (+8% reported, +12% organic); operating income $986M (record), margin 24.8% (+210 bps).
October 26, 2022, 7:59 PM ET debt materiality 0.40 neutral item 1.01 item 1.02 item 2.03 item 9.01

ITW enters $3.0B five-year credit facility, replaces prior facility due 2024

Entered $3.0B five-year credit facility with JPMorgan as agent, Citibank as syndication agent, effective Oct 21, 2022.
October 25, 2022, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

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

Revenue $4.0B, +13% YoY; organic growth 16% with five of seven segments double-digit.
September 12, 2022, 7:59 PM ET leadership materiality 0.25 neutral item 5.02 ◈ executive_change

Illinois Tool Works elects Kelly J. Grier to board of directors

Kelly J. Grier, former US Chair and CEO of Ernst & Young, elected as director effective September 9, 2022.
August 2, 2022, 7:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01

ITW Q2 revenue $4.0B, organic +10%; GAAP EPS $2.37; maintains FY2022 guidance $9.00-$9.40 EPS

Revenue of $4.0B, organic growth 10%; six of seven segments positive led by Food Equipment +25%, Welding +22%.
May 13, 2022, 7:59 PM ET other materiality 0.15 neutral item 5.07

Illinois Tool Works annual meeting results: all director nominees elected, say-on-pay approved

Ten director nominees elected with majority support; broker non-votes ~23.7M for each.
May 3, 2022, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

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

GAAP EPS $2.11 (incl. $(0.05) FX headwind); revenue $3.9B, organic growth +11%.
February 3, 2022, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

ITW Q4 revenue $3.7B (+6% YoY); FY2022 EPS guidance $8.90-$9.30

GAAP EPS $1.93 (incl -$0.02 MTS); full-year EPS $8.51 (+28% YoY) or $8.09 ex one-time tax items (+22%).
December 15, 2021, 6:59 PM ET leadership materiality 0.55 neutral item 5.02 ◈ executive_change

ITW EVP John R. Hartnett to retire effective April 1, 2022

John R. Hartnett, age 61, Executive Vice President, will retire on April 1, 2022.
October 28, 2021, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

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

Total revenue $3.6B, +8% total, +6% organic; GAAP EPS $2.02, +10% YoY.
July 30, 2021, 7:59 PM ET earnings materiality 0.85 positive item 2.02 item 9.01

ITW Q2 revenue $3.7B (+43%), EPS $2.45 (+143%), raises full-year guidance

Organic revenue grew 37% YoY; all seven segments delivered double-digit organic growth led by Automotive OEM (+84%) and Food Equipment (+46%).

Executive changes

Departed

Randall J. Scheuneman

Vice President & Chief Accounting Officer and Principal Accounting Officer

ITW · ILLINOIS TOOL WORKS INC

Effective: 2026-06-30
Successor: Matteo C. Pigozzo
Filed: May 22, 2026, 4:03 PM ET

Randall J. Scheuneman, Vice President & Chief Accounting Officer and Principal Accounting Officer of Illinois Tool Works Inc. (the “Company”) notified the Company that he will retire from the Company effective March 1, 2027 and that he will be stepping down from his current role effective June 30, 2026.

Appointed

Matteo C. Pigozzo

Vice President & Chief Accounting Officer and Principal Accounting Officer

ITW · ILLINOIS TOOL WORKS INC

Effective: 2026-07-01
Filed: May 22, 2026, 4:03 PM ET

Matteo C. Pigozzo, age 55, will succeed Mr. Scheuneman as the Company’s Vice President & Chief Accounting Officer and Principal Accounting Officer, effective July 1, 2026.

Appointed

Jaime Irick

Director

ITW · ILLINOIS TOOL WORKS INC

Effective: 2024-02-01
Filed: December 11, 2023, 6:59 PM ET

the Board of Directors of Illinois Tool Works Inc. (the “Company”) elected Jaime Irick as a director, effective February 1, 2024

Appointed

E. Scott Santi

Non-Executive Chairman of the Board

ITW · ILLINOIS TOOL WORKS INC

Effective: 2024-03-01
Filed: September 7, 2023, 7:59 PM ET

The Board of Directors appointed Mr. Santi as Non-Executive Chairman of the Board, effective March 1, 2024.

Departed

E. Scott Santi

Chief Executive Officer

ITW · ILLINOIS TOOL WORKS INC

Effective: 2024-01-01
Successor: Christopher A. O'Herlihy
Filed: September 7, 2023, 7:59 PM ET

E. Scott Santi informed the Board of Directors of Illinois Tool Works Inc. (the “Company”) that he will step down as Chief Executive Officer, effective January 1, 2024.

Appointed

Christopher A. O'Herlihy

President and Chief Executive Officer

ITW · ILLINOIS TOOL WORKS INC

Effective: 2024-01-01
Filed: September 7, 2023, 7:59 PM ET

the Company’s Board of Directors elected Christopher A. O’Herlihy, age 59, as President and Chief Executive Officer and as a member of the Company’s Board of Directors, effective January 1, 2024.

Departed

Anré D. Williams

Director

ITW · ILLINOIS TOOL WORKS INC

Filed: February 16, 2023, 6:59 PM ET

On February 10, 2023, Mr. Anré D. Williams, one of the members of the board of directors (the “Board”) of Illinois Tool Works Inc. (the “Company”), notified the Company that he will not stand for reelection at the Company’s 2023 annual meeting of stockholders due to other professional commitments.

Appointed

Kelly J. Grier

director

ITW · ILLINOIS TOOL WORKS INC

Effective: 2022-09-09
Filed: September 12, 2022, 7:59 PM ET

On September 9, 2022, the Company’s Board of Directors elected Kelly J. Grier as a director, effective immediately, to serve until the May 2023 Annual Meeting and determined her to be independent.

Departed

John R. Hartnett

Executive Vice President

ITW · ILLINOIS TOOL WORKS INC

Effective: 2022-04-01
Filed: December 15, 2021, 6:59 PM ET

John R. Hartnett, age 61, Executive Vice President of Illinois Tool Works Inc., has informed the Company that he intends to retire effective April 1, 2022.

Earnings & guidance

2026-Q1 EPS reported $2.66 vs consensus $2.59 ▲ beat (+2.7%) filing →

Materiality & sentiment trend

Max materiality 0.85 · Median 0.65 · Most common event earnings

21 positive 0 negative 15 neutral

source · ITW on sec.gov