ITW – Dividend Returns, History & Calculator
Illinois Tool Works Inc. provides industrial products and equipment in North America, Europe, the Middle East, Africa, the Asia Pacific, and South America. It operates through Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymer
...Company Info
Price Data
Dividend Data
Growth Rates
Total Returns
Fair Value
Financial Metrics
Calculate your ITW Dividend Returns
Quickly and easily calculate ITW dividend yield using our ITW calculator. Adjust the fields below to see how your ITW investments snowball over time.
Portfolio Growth Over Time
Data last updated: October 16, 2025 5:00 pm
Year-by-Year Portfolio Growth (Realistic DRIP Scenario)
Year | Start Balance | Start Shares | Share Price | Dividend / Share | Dividend Yield | Yield on Cost | Annual Dividend | Total Dividends | End Shares | End Balance |
---|---|---|---|---|---|---|---|---|---|---|
1 | $10,000 | 41 | $246.56 | $1.61 | 1.96% | 1.96% | $213 | $213 | 46 | $11,413 |
2 | $12,694 | 46 | $274.24 | $1.79 | 1.96% | 2.18% | $266 | $479 | 52 | $14,161 |
3 | $15,750 | 52 | $305.03 | $2.00 | 1.96% | 2.43% | $327 | $806 | 57 | $17,277 |
4 | $19,217 | 57 | $339.27 | $2.22 | 1.96% | 2.70% | $396 | $1,202 | 61 | $20,813 |
5 | $23,149 | 61 | $377.36 | $2.47 | 1.97% | 3.01% | $474 | $1,676 | 66 | $24,823 |
6 | $27,610 | 66 | $419.73 | $2.75 | 1.97% | 3.35% | $563 | $2,239 | 70 | $29,373 |
7 | $32,671 | 70 | $466.85 | $3.07 | 1.97% | 3.73% | $664 | $2,903 | 74 | $34,535 |
8 | $38,412 | 74 | $519.26 | $3.41 | 1.97% | 4.15% | $779 | $3,682 | 78 | $40,391 |
9 | $44,925 | 78 | $577.55 | $3.80 | 1.97% | 4.63% | $909 | $4,591 | 81 | $47,034 |
10 | $52,314 | 81 | $642.39 | $4.23 | 1.98% | 5.15% | $1,057 | $5,648 | 85 | $54,571 |
ITW Dividend History
Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
---|---|---|---|---|---|
09/30/2025 | 09/30/2025 | $1.61 | 2.34% | 1.85% | $260.76 |
06/30/2025 | 06/30/2025 | $1.50 | 2.43% | 1.82% | $247.25 |
03/31/2025 | 03/31/2025 | $1.50 | 2.38% | 1.81% | $248.01 |
12/31/2024 | 12/31/2024 | $1.50 | 2.29% | 1.77% | $253.56 |
09/30/2024 | 09/30/2024 | $1.50 | 2.18% | 1.72% | $262.07 |
06/28/2024 | 06/28/2024 | $1.40 | 2.36% | 1.77% | $236.96 |
03/27/2024 | 03/27/2024 | $1.40 | 2.05% | 1.57% | $268.21 |
12/28/2023 | 12/28/2023 | $1.40 | 2.07% | 1.60% | $261.88 |
09/28/2023 | 09/28/2023 | $1.40 | 2.30% | 1.81% | $232.05 |
06/29/2023 | 06/29/2023 | $1.31 | 2.11% | 1.58% | $248.51 |
03/30/2023 | 03/30/2023 | $1.31 | 2.15% | 1.64% | $239.88 |
12/29/2022 | 12/29/2022 | $1.31 | 2.28% | 1.77% | $221.97 |
09/29/2022 | 09/29/2022 | $1.31 | 2.70% | 2.14% | $183.88 |
06/29/2022 | 06/29/2022 | $1.22 | 2.70% | 2.02% | $180.79 |
03/30/2022 | 03/30/2022 | $1.22 | 2.24% | 1.71% | $214.66 |
12/30/2021 | 12/30/2021 | $1.22 | 1.92% | 1.49% | $245.41 |
09/29/2021 | 09/29/2021 | $1.22 | 2.18% | 1.72% | $213.26 |
06/29/2021 | 06/29/2021 | $1.14 | 2.04% | 1.53% | $223.00 |
03/30/2021 | 03/30/2021 | $1.14 | 2.00% | 1.52% | $224.76 |
12/30/2020 | 12/30/2020 | $1.14 | 2.19% | 1.69% | $202.17 |
ITW 10-yr Total Return ($10,000 invested)
This analysis of ITW demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 13.7% CAGR, representing strong long-term performance. While recent 5-year returns averaged 8.1% annually, the exceptional 10-year performance of 13.7% demonstrates sustained long-term growth. The DRIP strategy provided 19% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.
Total Return with and without DRIP (ITW)
Over the selected period, investing $10,000 in ITW would grow to $45,163 with DRIP (351.6%), and $40,556 without DRIP (305.6%).
ITW Dividend Reinvestment Snowball
Investing $10,000 + $100/mo in ITW with historic price growth (11.23%) and dividend growth (11.34%) produces dramatically different outcomes depending on whether you reinvest dividends.
After 20 Years
Your Investment: $34,000
Portfolio: $229,785
Annual Dividend: $4,593
Yield on Cost: 13.51%
Total Dividends: $29,433
Portfolio: $191,500
Total Dividends: $23,714
After 30 Years
Your Investment: $46,000
Portfolio: $827,905
Annual Dividend: $16,716
Yield on Cost: 36.34%
Total Dividends: $118,327
Portfolio: $590,178
Total Dividends: $82,447
Milestones on the way
By year 13, the compounding really starts to show. Your total dividends collected reach $9,665 against a total investment of $25,600. At this point, your portfolio is throwing off $1,788 per year in dividends alone.
By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $3,086, a powerful “income on autopilot” milestone.
After two decades, cumulative dividends total $29,433 versus $34,000 invested, nearly a 87% recovery of capital purely from income. Yield on cost reaches 13.51%.
At year 25, the income engine takes over. The portfolio’s annual dividend of $8,800 is greater than total contributions to date ($40,000), and cumulative dividends exceed $60,030.
By year 30, the DRIP snowball is in full force. Yearly income reaches $16,716, cumulative dividends total $118,327, and the DRIP portfolio value stands at $827,905, compared with $590,178 if dividends weren’t reinvested.
How we estimate these numbers
We use the latest calculator inputs for ITW, price $246.56, dividend per period $1.61 (3×/year), along with historic growth assumptions: price growth 11.23% and dividend growth 11.34% annually.
We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No‑DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.
This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.
Projected Future Returns & Dividends for ITW
Based on past 10-year performance, here are ITW growth metrics:
Using ITW CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:
ITW (DRIP) | ITW (No DRIP) | |
---|---|---|
Current Price | $246.56 | $246.56 |
Start Shares | 40.56 | 40.56 |
Start Value | $10,000 | $10,000 |
After 10 years: | ||
Final Share Count | 49.95 | 40.56 |
Dividends Payment | $14.72 | $14.72 |
Annual Dividends | $719 | $597 |
Yield on cost | 7.19% | 5.97% |
Share Price | $660.19 | $660.19 |
Total Dividends | $4,254 | $3,804 |
Final Value | $32,977 | $30,579 |
Estimated Future Value + Dividends – ITW
Dividend History: Payments & Yield
Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.
Dividend Growth
Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.
Dividend Payments & Yield
Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.
ITW Dividend History
Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
---|---|---|---|---|---|
09/30/2025 | 09/30/2025 | $1.61 | 2.34% | 1.85% | $260.76 |
06/30/2025 | 06/30/2025 | $1.50 | 2.43% | 1.82% | $247.25 |
03/31/2025 | 03/31/2025 | $1.50 | 2.38% | 1.81% | $248.01 |
12/31/2024 | 12/31/2024 | $1.50 | 2.29% | 1.77% | $253.56 |
09/30/2024 | 09/30/2024 | $1.50 | 2.18% | 1.72% | $262.07 |
06/28/2024 | 06/28/2024 | $1.40 | 2.36% | 1.77% | $236.96 |
03/27/2024 | 03/27/2024 | $1.40 | 2.05% | 1.57% | $268.21 |
12/28/2023 | 12/28/2023 | $1.40 | 2.07% | 1.60% | $261.88 |
09/28/2023 | 09/28/2023 | $1.40 | 2.30% | 1.81% | $232.05 |
06/29/2023 | 06/29/2023 | $1.31 | 2.11% | 1.58% | $248.51 |
03/30/2023 | 03/30/2023 | $1.31 | 2.15% | 1.64% | $239.88 |
12/29/2022 | 12/29/2022 | $1.31 | 2.28% | 1.77% | $221.97 |
09/29/2022 | 09/29/2022 | $1.31 | 2.70% | 2.14% | $183.88 |
06/29/2022 | 06/29/2022 | $1.22 | 2.70% | 2.02% | $180.79 |
03/30/2022 | 03/30/2022 | $1.22 | 2.24% | 1.71% | $214.66 |
12/30/2021 | 12/30/2021 | $1.22 | 1.92% | 1.49% | $245.41 |
09/29/2021 | 09/29/2021 | $1.22 | 2.18% | 1.72% | $213.26 |
06/29/2021 | 06/29/2021 | $1.14 | 2.04% | 1.53% | $223.00 |
03/30/2021 | 03/30/2021 | $1.14 | 2.00% | 1.52% | $224.76 |
12/30/2020 | 12/30/2020 | $1.14 | 2.19% | 1.69% | $202.17 |
09/29/2020 | 09/29/2020 | $1.14 | 2.25% | 1.77% | $193.47 |
06/29/2020 | 06/29/2020 | $1.07 | 2.51% | 1.88% | $170.40 |
03/30/2020 | 03/30/2020 | $1.07 | 2.96% | 2.26% | $142.35 |
12/30/2019 | 12/30/2019 | $1.07 | 2.30% | 1.78% | $179.91 |
09/27/2019 | 09/27/2019 | $1.07 | 2.63% | 2.07% | $154.94 |
06/27/2019 | 06/27/2019 | $1.00 | 2.68% | 2.01% | $149.08 |
03/28/2019 | 03/28/2019 | $1.00 | 2.65% | 2.10% | $142.85 |
12/28/2018 | 12/28/2018 | $1.00 | 2.85% | 2.41% | $124.72 |
09/27/2018 | 09/27/2018 | $1.00 | 2.35% | 2.11% | $141.98 |
06/28/2018 | 06/28/2018 | $0.780 | 2.25% | 1.69% | $138.56 |
03/28/2018 | 03/28/2018 | $0.780 | 1.94% | 1.52% | $153.86 |
12/28/2017 | 12/28/2017 | $0.780 | 1.72% | 1.40% | $166.71 |
09/28/2017 | 09/28/2017 | $0.780 | 1.85% | 1.59% | $147.20 |
06/28/2017 | 06/28/2017 | $0.650 | 1.81% | 1.36% | $143.63 |
03/29/2017 | 03/29/2017 | $0.650 | 1.89% | 1.48% | $131.95 |
12/28/2016 | 12/28/2016 | $0.650 | 1.96% | 1.59% | $122.64 |
09/28/2016 | 09/28/2016 | $0.650 | 1.92% | 1.62% | $120.01 |
06/28/2016 | 06/28/2016 | $0.550 | 2.19% | 1.64% | $100.53 |
03/29/2016 | 03/29/2016 | $0.550 | 2.11% | 1.63% | $101.41 |
12/29/2015 | 12/29/2015 | $0.550 | 2.20% | 1.75% | $94.25 |
09/28/2015 | 09/28/2015 | $0.550 | 2.49% | 2.05% | $80.54 |
06/26/2015 | 06/26/2015 | $0.485 | 2.09% | 1.57% | $92.78 |
03/27/2015 | 03/27/2015 | $0.485 | 1.94% | 1.50% | $96.74 |
12/29/2014 | 12/29/2014 | $0.485 | 1.88% | 1.51% | $96.31 |
09/26/2014 | 09/26/2014 | $0.485 | 2.04% | 1.70% | $85.61 |
06/26/2014 | 06/26/2014 | $0.420 | 1.91% | 1.43% | $87.95 |
03/27/2014 | 03/27/2014 | $0.420 | 2.05% | 1.58% | $79.84 |
12/27/2013 | 12/27/2013 | $0.420 | 1.91% | 1.51% | $83.59 |
09/26/2013 | 09/26/2013 | $0.420 | 2.02% | 1.63% | $77.28 |
06/26/2013 | 06/26/2013 | $0.380 | 2.22% | 1.67% | $68.35 |
03/26/2013 | 03/26/2013 | $0.380 | 2.46% | 1.87% | $61.01 |
12/14/2012 | 12/14/2012 | $0.380 | 2.47% | 1.91% | $59.82 |
09/26/2012 | 09/26/2012 | $0.380 | 2.49% | 1.94% | $58.66 |
06/27/2012 | 06/27/2012 | $0.360 | 2.79% | 2.09% | $51.59 |
03/28/2012 | 03/28/2012 | $0.360 | 2.50% | 1.90% | $56.77 |
12/28/2011 | 12/28/2011 | $0.360 | 3.02% | 2.33% | $46.41 |
09/28/2011 | 09/28/2011 | $0.360 | 3.21% | 2.51% | $42.96 |
06/28/2011 | 06/28/2011 | $0.340 | 2.47% | 1.85% | $54.99 |
03/29/2011 | 03/29/2011 | $0.340 | 2.44% | 1.87% | $54.41 |
12/29/2010 | 12/29/2010 | $0.340 | 2.43% | 1.90% | $53.57 |
09/28/2010 | 09/28/2010 | $0.340 | 2.70% | 2.17% | $47.08 |
06/28/2010 | 06/28/2010 | $0.310 | 2.87% | 2.15% | $43.19 |
03/29/2010 | 03/29/2010 | $0.310 | 2.63% | 1.97% | $47.21 |
12/29/2009 | 12/29/2009 | $0.310 | 2.56% | 1.92% | $48.48 |
09/28/2009 | 09/28/2009 | $0.310 | 2.88% | 2.16% | $43.11 |
06/26/2009 | 06/26/2009 | $0.310 | 3.31% | 2.48% | $37.45 |
03/27/2009 | 03/27/2009 | $0.310 | 3.80% | 2.92% | $31.88 |
12/29/2008 | 12/29/2008 | $0.310 | 3.51% | 2.77% | $33.58 |
09/26/2008 | 09/26/2008 | $0.310 | 2.57% | 2.08% | $44.77 |
06/26/2008 | 06/26/2008 | $0.280 | 2.39% | 1.79% | $46.80 |
03/27/2008 | 03/27/2008 | $0.280 | 2.17% | 1.74% | $48.33 |
12/27/2007 | 12/27/2007 | $0.280 | 1.81% | 1.56% | $54.01 |
09/26/2007 | 09/26/2007 | $0.280 | 1.55% | 1.43% | $58.67 |
06/27/2007 | 06/27/2007 | $0.210 | 1.53% | 1.15% | $54.85 |
03/28/2007 | 03/28/2007 | $0.210 | 1.87% | 1.23% | $51.35 |
12/27/2006 | 12/27/2006 | $0.210 | 1.96% | 1.35% | $46.62 |
09/27/2006 | 09/27/2006 | $0.210 | 1.92% | 1.39% | $45.29 |
06/28/2006 | 06/28/2006 | $0.330 | 1.76% | 2.12% | $46.79 |
03/29/2006 | 03/29/2006 | $0.165 | 1.33% | 1.04% | $47.73 |
12/28/2005 | 12/28/2005 | $0.165 | 1.36% | 1.11% | $44.74 |
09/28/2005 | 09/28/2005 | $0.165 | 1.46% | 1.23% | $40.14 |
06/28/2005 | 06/28/2005 | $0.140 | 1.38% | 1.03% | $40.62 |
03/29/2005 | 03/29/2005 | $0.140 | 1.22% | 0.95% | $44.26 |
12/29/2004 | 12/29/2004 | $0.140 | 1.12% | 0.90% | $46.50 |
09/28/2004 | 09/28/2004 | $0.140 | 1.09% | 0.92% | $45.70 |
06/28/2004 | 06/28/2004 | $0.120 | 1.01% | 0.76% | $47.59 |
03/29/2004 | 03/29/2004 | $0.120 | 1.22% | 0.92% | $39.05 |
12/29/2003 | 12/29/2003 | $0.120 | 1.12% | 0.86% | $42.08 |
09/26/2003 | 09/26/2003 | $0.120 | 1.36% | 1.07% | $33.76 |
06/26/2003 | 06/26/2003 | $0.115 | 1.36% | 1.03% | $33.40 |
03/27/2003 | 03/27/2003 | $0.115 | 1.51% | 1.15% | $29.88 |
12/27/2002 | 12/27/2002 | $0.110 | 1.38% | 1.03% | $32.14 |
09/26/2002 | 09/26/2002 | $0.115 | 1.46% | 1.13% | $30.47 |
06/26/2002 | 06/26/2002 | $0.110 | 1.30% | 0.98% | $33.78 |
03/26/2002 | 03/26/2002 | $0.110 | 1.18% | 0.90% | $36.55 |
12/27/2001 | 12/27/2001 | $0.110 | 1.23% | 0.96% | $34.21 |
09/26/2001 | 09/26/2001 | $0.110 | 1.62% | 1.30% | $25.35 |
06/27/2001 | 06/27/2001 | $0.100 | 1.25% | 0.94% | $31.97 |
03/28/2001 | 03/28/2001 | $0.100 | 1.35% | 1.04% | $28.90 |
12/27/2000 | 12/27/2000 | $0.100 | 1.27% | 1.01% | $29.81 |
09/27/2000 | 09/27/2000 | $0.100 | 1.38% | 1.12% | $26.78 |
06/28/2000 | 06/28/2000 | $0.090 | 1.24% | 0.93% | $28.96 |
03/29/2000 | 03/29/2000 | $0.090 | 1.20% | 0.94% | $28.69 |
Dividend Payout Ratio
Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.
Dividend to Free Cash Flow Ratio
Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.
Share Price
Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.
Price to Earnings
ITW trades at a 92.6x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.
Price to Sales
ITW trades at a 17.3x price-to-sales ratio, providing insight into market valuation relative to revenue generation.
Revenue
ITW generated $4.1B in revenue.
Net Income
ITW reported $0.8B in net income.
Revenue vs Net Income
ITW generated $4.1B in revenue with net income of $0.8B, representing a 18.6% net profit margin.
Gross Profit
ITW achieved $3.1B in gross profit, showing revenue after direct production costs.
Operating Income
ITW generated $1.4B in operating income, representing profit from core business operations.
EBITDA
ITW generated $1.6B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.
Operating Cash Flow
ITW generated $0.9B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.
Free Cash Flow
ITW generated $0.7B in free cash flow.
Free Cash Flow / Share
ITW generates $2.49 in free cash flow per share. FCF per share has grown by 12% over the period.
Earnings Per Share (EPS)
ITW reported $2.59 in earnings per share.
Return on Equity (ROE)
ITW delivered a 15.5% return on equity, indicating how effectively the company generates returns for shareholders.
Return on Assets (ROA)
ITW achieved a 9.3% return on assets, measuring how efficiently the company uses its assets to generate profit.
Net Profit Margin
ITW maintains a 18.6% net profit margin, showing the percentage of revenue retained as profit after all expenses.
Gross Profit Margin
ITW operates with a 77.2% gross profit margin, reflecting pricing power and cost efficiency in core operations.
Cash & Debt
ITW holds $0.6B in cash against $0.2B in debt, resulting in a net cash position of $0.4B.
Shares Outstanding
ITW has 0.3B shares outstanding.
Stock-Based Comp
ITW reported $0.1B in stock-based compensation. Over the period, stock-based compensation has increased by 12%.
FCF vs Stock Based Comp
ITW generated $0.7B in free cash flow while spending $0.1B on stock-based compensation, representing 14% of FCF.
FCF vs FCF / Share
ITW reported $0.7B in free cash flow, translating to $2.49 per share.
Revenue: Actual + Estimates
This chart tracks ITW revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EPS: Actual + Estimates
This chart tracks ITW eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
Net Income: Actual + Estimates
This chart tracks ITW net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EBITDA: Actual + Estimates
This chart tracks ITW ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.