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Illinois Tool Works
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CEO Salary Employees Revenue per Employee Net Income per Employee

Illinois Tool Works's Number of Employees (2016 - 2025)

  • In fiscal year 2025, the total number of employees at Illinois Tool Works was 43,000. The employee count decreased by 1,000 from 44,000 (in 2024) to 43,000 (in 2025). It represents a -2.27% year-over-year decline in employee count.

    • Over the past 10 years (2016-2025):
  • The highest number of employees at Illinois Tool Works was 50,000 in fiscal year 2016.
  • The lowest number of employees was 43,000 in fiscal year 2025.
  • The average number of employees was 45,900.

    • 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 :
  • 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.
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Illinois Tool Works's Employees Trend

2025

Illinois Tool Works's number of employees was 43,000 in fiscal year 2025.

2024

Illinois Tool Works's number of employees was 44,000 in fiscal year 2024.

2023

Illinois Tool Works's number of employees was 45,000 in fiscal year 2023.

2022

Illinois Tool Works's number of employees was 46,000 in fiscal year 2022.

2021

Illinois Tool Works's number of employees was 45,000 in fiscal year 2021.

2020

Illinois Tool Works's number of employees was 43,000 in fiscal year 2020.

2019

Illinois Tool Works's number of employees was 45,000 in fiscal year 2019.

2018

Illinois Tool Works's number of employees was 48,000 in fiscal year 2018.

2017

Illinois Tool Works's number of employees was 50,000 in fiscal year 2017.

2016

Illinois Tool Works's number of employees was 50,000 in fiscal year 2016.

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Illinois Tool Works's Employees (Year-over-Year Change)

2025

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).

2024

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).

2023

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).

2022

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).

2021

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).

2020

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).

2019

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).

2018

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).

2017

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).

2016

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).

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Illinois Tool Works Employee Count History

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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%

Frequently Asked Questions

How many employees does Illinois Tool Works have?

In the fiscal year 2025, Illinois Tool Works's number of employees was 43,000.

What was the annual change in Illinois Tool Works's number of employees?

Illinois Tool Works's number of employees decreased by -2.27 % in 2025 compared to 2024.

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