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Learn more about Illinois Tool Works's Revenue by Segment and Revenue by Region.
Check out competitors to Illinois Tool Works in a side-by-side comparison.
Explore additional financial metrics for Illinois Tool Works.
| 2015 | 48000 |
|---|---|
| 2016 | 50000 |
| 2017 | 50000 |
| 2018 | 48000 |
| 2019 | 45000 |
| 2020 | 43000 |
| 2021 | 45000 |
| 2022 | 46000 |
| 2023 | 45000 |
| 2024 | 44000 |
| 2025 | 43000 |
Illinois Tool Works's number of employees was 43,000 in fiscal year 2025.
Illinois Tool Works's number of employees was 44,000 in fiscal year 2024.
Illinois Tool Works's number of employees was 45,000 in fiscal year 2023.
Illinois Tool Works's number of employees was 46,000 in fiscal year 2022.
Illinois Tool Works's number of employees was 45,000 in fiscal year 2021.
Illinois Tool Works's number of employees was 43,000 in fiscal year 2020.
Illinois Tool Works's number of employees was 45,000 in fiscal year 2019.
Illinois Tool Works's number of employees was 48,000 in fiscal year 2018.
Illinois Tool Works's number of employees was 50,000 in fiscal year 2017.
Illinois Tool Works's number of employees was 50,000 in fiscal year 2016.
| 2015 | 0 |
|---|---|
| 2016 | 4.17 |
| 2017 | 0 |
| 2018 | -4 |
| 2019 | -6.25 |
| 2020 | -4.44 |
| 2021 | 4.65 |
| 2022 | 2.22 |
| 2023 | -2.17 |
| 2024 | -2.22 |
| 2025 | -2.27 |
Illinois Tool Works's number of employees
decreased -2.27
%
during fiscal year 2025
compared to 2024.
It represents a decline of
1,000 employees from
44,000 (in
2024)
to 43,000 (in
2025).
Illinois Tool Works's number of employees
decreased -2.22
%
during fiscal year 2024
compared to 2023.
It represents a decline of
1,000 employees from
45,000 (in
2023)
to 44,000 (in
2024).
Illinois Tool Works's number of employees
decreased -2.17
%
during fiscal year 2023
compared to 2022.
It represents a decline of
1,000 employees from
46,000 (in
2022)
to 45,000 (in
2023).
Illinois Tool Works's number of employees
increased 2.22
%
during fiscal year 2022
compared to 2021.
It represents a increase of
1,000 employees from
45,000 (in
2021)
to 46,000 (in
2022).
Illinois Tool Works's number of employees
increased 4.65
%
during fiscal year 2021
compared to 2020.
It represents a increase of
2,000 employees from
43,000 (in
2020)
to 45,000 (in
2021).
Illinois Tool Works's number of employees
decreased -4.44
%
during fiscal year 2020
compared to 2019.
It represents a decline of
2,000 employees from
45,000 (in
2019)
to 43,000 (in
2020).
Illinois Tool Works's number of employees
decreased -6.25
%
during fiscal year 2019
compared to 2018.
It represents a decline of
3,000 employees from
48,000 (in
2018)
to 45,000 (in
2019).
Illinois Tool Works's number of employees
decreased -4
%
during fiscal year 2018
compared to 2017.
It represents a decline of
2,000 employees from
50,000 (in
2017)
to 48,000 (in
2018).
Illinois Tool Works's number of employees remained
unchanged during fiscal year 2017
compared to 2016.
It represents no change in employees from
50,000 (in
2016)
to 50,000 (in
2017).
Illinois Tool Works's number of employees
increased 4.17
%
during fiscal year 2016
compared to 2015.
It represents a increase of
2,000 employees from
48,000 (in
2015)
to 50,000 (in
2016).
| Period | Employees | Year-over-Year Change |
|---|---|---|
| 2025 | 43,000 |
-1,000
2.27%
|
| 2024 | 44,000 |
-1,000
2.22%
|
| 2023 | 45,000 |
-1,000
2.17%
|
| 2022 | 46,000 |
1,000
2.22%
|
| 2021 | 45,000 |
2,000
4.65%
|
| 2020 | 43,000 |
-2,000
4.44%
|
| 2019 | 45,000 |
-3,000
6.25%
|
| 2018 | 48,000 |
-2,000
4%
|
| 2017 | 50,000 |
0
0%
|
| 2016 | 50,000 |
2,000
4.17%
|
