Illinois Tool Works's Number of Employees
- In fiscal year 2026, the total number of employees at Illinois Tool Works was 43,000. The employee count decreased by 1,000 from 44,000 (in 2025) to 43,000 (in 2026). It represents a -2.27% year-over-year decline in employee count.
- The highest number of employees at Illinois Tool Works was 50,000 in fiscal year 2017.
- The lowest number of employees was 43,000 in fiscal year 2026.
- The average number of employees was 45,900.
- An Employee is any individual who renders service to the business as per the mutual agreement in exchange for a fixed remuneration. Refer to our glossary for more details, examples, and formulas.
Over the past 10 years (2017-2026):
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.
Definition of employee :
Illinois Tool Works's Employees Trend
| 2016 | 48000 |
|---|---|
| 2017 | 50000 |
| 2018 | 50000 |
| 2019 | 48000 |
| 2020 | 45000 |
| 2021 | 43000 |
| 2022 | 45000 |
| 2023 | 46000 |
| 2024 | 45000 |
| 2025 | 44000 |
| 2026 | 43000 |
2026
Illinois Tool Works's number of employees was 43,000 in fiscal year 2026.
2025
Illinois Tool Works's number of employees was 44,000 in fiscal year 2025.
2024
Illinois Tool Works's number of employees was 45,000 in fiscal year 2024.
2023
Illinois Tool Works's number of employees was 46,000 in fiscal year 2023.
2022
Illinois Tool Works's number of employees was 45,000 in fiscal year 2022.
2021
Illinois Tool Works's number of employees was 43,000 in fiscal year 2021.
2020
Illinois Tool Works's number of employees was 45,000 in fiscal year 2020.
2019
Illinois Tool Works's number of employees was 48,000 in fiscal year 2019.
2018
Illinois Tool Works's number of employees was 50,000 in fiscal year 2018.
2017
Illinois Tool Works's number of employees was 50,000 in fiscal year 2017.
Illinois Tool Works's Employees (Year-over-Year Change)
| 2016 | 0 |
|---|---|
| 2017 | 4.17 |
| 2018 | 0 |
| 2019 | -4 |
| 2020 | -6.25 |
| 2021 | -4.44 |
| 2022 | 4.65 |
| 2023 | 2.22 |
| 2024 | -2.17 |
| 2025 | -2.22 |
| 2026 | -2.27 |
2026
Illinois Tool Works's number of employees
decreased -2.27
%
during fiscal year 2026
compared to 2025.
It represents a decline of
1,000 employees from
44,000 (in
2025)
to 43,000 (in
2026).
2025
Illinois Tool Works's number of employees
decreased -2.22
%
during fiscal year 2025
compared to 2024.
It represents a decline of
1,000 employees from
45,000 (in
2024)
to 44,000 (in
2025).
2024
Illinois Tool Works's number of employees
decreased -2.17
%
during fiscal year 2024
compared to 2023.
It represents a decline of
1,000 employees from
46,000 (in
2023)
to 45,000 (in
2024).
2023
Illinois Tool Works's number of employees
increased 2.22
%
during fiscal year 2023
compared to 2022.
It represents a increase of
1,000 employees from
45,000 (in
2022)
to 46,000 (in
2023).
2022
Illinois Tool Works's number of employees
increased 4.65
%
during fiscal year 2022
compared to 2021.
It represents a increase of
2,000 employees from
43,000 (in
2021)
to 45,000 (in
2022).
2021
Illinois Tool Works's number of employees
decreased -4.44
%
during fiscal year 2021
compared to 2020.
It represents a decline of
2,000 employees from
45,000 (in
2020)
to 43,000 (in
2021).
2020
Illinois Tool Works's number of employees
decreased -6.25
%
during fiscal year 2020
compared to 2019.
It represents a decline of
3,000 employees from
48,000 (in
2019)
to 45,000 (in
2020).
2019
Illinois Tool Works's number of employees
decreased -4
%
during fiscal year 2019
compared to 2018.
It represents a decline of
2,000 employees from
50,000 (in
2018)
to 48,000 (in
2019).
2018
Illinois Tool Works's number of employees remained
unchanged during fiscal year 2018
compared to 2017.
It represents no change in employees from
50,000 (in
2017)
to 50,000 (in
2018).
2017
Illinois Tool Works's number of employees
increased 4.17
%
during fiscal year 2017
compared to 2016.
It represents a increase of
2,000 employees from
48,000 (in
2016)
to 50,000 (in
2017).
Summary Table
| Period | Employees | Year-over-Year Change |
|---|---|---|
| 2026 | 43,000 | -2.27% |
| 2025 | 44,000 | -2.22% |
| 2024 | 45,000 | -2.17% |
| 2023 | 46,000 | 2.22% |
| 2022 | 45,000 | 4.65% |
| 2021 | 43,000 | -4.44% |
| 2020 | 45,000 | -6.25% |
| 2019 | 48,000 | -4% |
| 2018 | 50,000 | 0% |
| 2017 | 50,000 | 4.17% |
