The company said revenue for Q2 2025 rose to $4.1 billion, up 1%, with organic growth essentially flat. GAAP EPS came in at $2.58, up 2%. Operating margin was 26.3%, and enterprise initiatives contributed 130 basis points, it said.

1. 01

   The company said revenue for Q2 2025 rose to $4.1 billion, up 1%, with organic growth essentially flat. GAAP EPS came in at $2.58, up 2%. Operating margin was 26.3%, and enterprise initiatives contributed 130 basis points, it said.

2. 02

   ITW said operating cash flow for Q2 was $550 million and free cash flow was $449 million, with a conversion of 59% to net income. During the quarter, it repurchased $375 million of its own shares, and the effective tax rate was 24.4%.

3. 03

   Illinois Tool Works said operating margins by segment for Q2 2025 were 33.1% for Welding, 32.6% for Specialty Products, 30.8% for Construction Products and 21.3% for Automotive OEM. Total company operating income was $1,068 million.

4. 04

   The company said it raised its full-year GAAP EPS guidance from $10.15 to $10.55 to a range of $10.35 to $10.55, an increase of $0.10, and narrowed the range. It projected revenue growth of 1 to 3% and operating margin of 26 to 27%, and it plans to repurchase approximately $1.5 billion of its own shares.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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