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

Illinois Tool Works Net Income Per Employee (2016-2025)

  • Illinois Tool Works's annual net income per employee was $71.30 K in fiscal year 2025. The net income per employee decreased $7.97 K from $79.27 K (in 2024) to $71.30 K (in 2025), representing a -10.05% year-over-year decline.

    • Over the past 10 years (2016-2025):
  • The Highest net income per employee for Illinois Tool Works was $79.27 K in fiscal year 2024.
  • The Lowest net income per employee was $33.74 K in fiscal year 2017.
  • The Average net income per employee was $57.50 K.

    • 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 Net Income per Employee :
  • Net Income per Employee is the amount of profit that a business earns from one employee. Refer to our glossary for more details, examples, and formulas.
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Illinois Tool Works's Net Income Per Employee Trend

2025

Illinois Tool Works's net income per employee was $71.30 K in fiscal year 2025.

2024

Illinois Tool Works's net income per employee was $79.27 K in fiscal year 2024.

2023

Illinois Tool Works's net income per employee was $65.71 K in fiscal year 2023.

2022

Illinois Tool Works's net income per employee was $65.96 K in fiscal year 2022.

2021

Illinois Tool Works's net income per employee was $59.87 K in fiscal year 2021.

2020

Illinois Tool Works's net income per employee was $49.05 K in fiscal year 2020.

2019

Illinois Tool Works's net income per employee was $56.02 K in fiscal year 2019.

2018

Illinois Tool Works's net income per employee was $53.40 K in fiscal year 2018.

2017

Illinois Tool Works's net income per employee was $33.74 K in fiscal year 2017.

2016

Illinois Tool Works's net income per employee was $40.70 K in fiscal year 2016.

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Illinois Tool Works's Net Income Per Employee (Year-over-Year Change)

2025

Illinois Tool Works's net income per employee decreased -10.05% during fiscal year 2025 compared to 2024.
It represents a decline of -$7.97 K from $79.27 K (in 2024) to $71.30 K (in 2025).

2024

Illinois Tool Works's net income per employee increased 20.64% during fiscal year 2024 compared to 2023.
It represents an increase of $13.56 K from $65.71 K (in 2023) to $79.27 K (in 2024).

2023

Illinois Tool Works's net income per employee decreased -0.37% during fiscal year 2023 compared to 2022.
It represents a decline of -$245.41 from $65.96 K (in 2022) to $65.71 K (in 2023).

2022

Illinois Tool Works's net income per employee increased 10.17% during fiscal year 2022 compared to 2021.
It represents an increase of $6.09 K from $59.87 K (in 2021) to $65.96 K (in 2022).

2021

Illinois Tool Works's net income per employee increased 22.06% during fiscal year 2021 compared to 2020.
It represents an increase of $10.82 K from $49.05 K (in 2020) to $59.87 K (in 2021).

2020

Illinois Tool Works's net income per employee decreased -12.45% during fiscal year 2020 compared to 2019.
It represents a decline of -$6.98 K from $56.02 K (in 2019) to $49.05 K (in 2020).

2019

Illinois Tool Works's net income per employee increased 4.92% during fiscal year 2019 compared to 2018.
It represents an increase of $2.63 K from $53.40 K (in 2018) to $56.02 K (in 2019).

2018

Illinois Tool Works's net income per employee increased 58.26% during fiscal year 2018 compared to 2017.
It represents an increase of $19.66 K from $33.74 K (in 2017) to $53.40 K (in 2018).

2017

Illinois Tool Works's net income per employee decreased -17.1% during fiscal year 2017 compared to 2016.
It represents a decline of -$6.96 K from $40.70 K (in 2016) to $33.74 K (in 2017).

2016

Illinois Tool Works's net income per employee increased 2.88% during fiscal year 2016 compared to -.
It represents an increase of $1.14 K from $39.56 K (in 2015) to $40.70 K (in 2016).

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Illinois Tool Works Net Income per Employee History

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Period Net Income per Employee Year-over-Year Change
2025 $71.30 K -$7.97 K 10.05%
2024 $79.27 K $13.56 K 20.64%
2023 $65.71 K -$245.41 0.37%
2022 $65.96 K $6.09 K 10.17%
2021 $59.87 K $10.82 K 22.06%
2020 $49.05 K -$6.98 K 12.45%
2019 $56.02 K $2.63 K 4.92%
2018 $53.40 K $19.66 K 58.26%
2017 $33.74 K -$6.96 K 17.1%
2016 $40.70 K $1.14 K 2.88%

Frequently Asked Questions

What is Illinois Tool Works's net income per employee?

In the fiscal year 2025, Illinois Tool Works's net income per employee was $71.30 K.

What is the annual change in Illinois Tool Works's net income per employee?

Illinois Tool Works's net income per employee decreased by -10.05% in 2025 compared to 2024.

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