Company data
Illinois Tool Works Inc. employees and revenue per employee
ITW · Industrial - Machinery · $75.6B market cap
Illinois Tool Works Inc. had 43,000 employees at the end of fiscal Dec 2025, down 2.3% from a year earlier. Revenue for the year was $16.0B, up 0.9% from a year earlier, or $373K per employee. Revenue held up or grew while headcount stayed flat or fell.
Employees
43,000
-2.3% YoY
Revenue
$16.0B
+0.9% YoY
Revenue / employee
$373K
Peer median $354K
Rank in industry
13 of 32
Industrial - Machinery
Headcount against revenue
Both lines start at 100 in the first year we hold, so you can see which one grew faster.
Hover a year for the numbers.
| Year ending | Employees | Revenue | Per employee | Staff YoY | Revenue YoY |
|---|---|---|---|---|---|
| Dec 2025 | 43,000 | $16.0B | $373K | -2.3% | +0.9% |
| Dec 2024 | 44,000 | $15.9B | $361K | -2.2% | -1.3% |
| Dec 2023 | 45,000 | $16.1B | $358K | -2.2% | +1.1% |
| Dec 2022 | 46,000 | $15.9B | $346K | +2.2% | +10.2% |
| Dec 2021 | 45,000 | $14.5B | $321K | +4.7% | +15.0% |
| Dec 2020 | 43,000 | $12.6B | $292K | -4.4% | -10.9% |
| Dec 2019 | 45,000 | $14.1B | $314K | -6.3% | -4.5% |
| Dec 2018 | 48,000 | $14.8B | $308K | -4.0% | +3.2% |
| Dec 2017 | 50,000 | $14.3B | $286K | +0.0% | +5.3% |
| Dec 2016 | 50,000 | $13.6B | $272K | — | — |
Open roles: we have not matched a verified job board for this company yet.
Illinois Tool Works Inc. against similar companies
The closest industry peers by revenue, from Industrial - Machinery.
| Company | Employees | Revenue | Revenue / employee | Shape |
|---|---|---|---|---|
| PCAR PACCAR Inc | 25,900 | $28.4B | $1.10M | Contracting |
| CARR Carrier Global Corporation | 47,000 | $21.7B | $463K | Contracting |
| XYL Xylem Inc. | 22,000 | $9.04B | $411K | Leaner |
| ITW Illinois Tool Works Inc. | 43,000 | $16.0B | $373K | Leaner |
| PH Parker-Hannifin Corporation | 59,850 | $21.5B | $359K | Efficient growth |
| DOV Dover Corporation | 24,000 | $8.09B | $337K | Leaner |
| ROK Rockwell Automation, Inc. | 26,000 | $8.34B | $321K | Leaner |
| EMR Emerson Electric Co. | 71,000 | $18.0B | $254K | Leaner |
| OTIS Otis Worldwide Corporation | 72,000 | $14.4B | $200K | Leaner |
Questions about Illinois Tool Works Inc.
- How many employees does Illinois Tool Works Inc. have?
- Illinois Tool Works Inc. reported 43,000 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 13, 2026. That is down 2.3% from a year earlier.
- What is Illinois Tool Works Inc.'s revenue per employee?
- Illinois Tool Works Inc. brought in $16.0B of revenue in fiscal Dec 2025, which is $373K per employee. That ranks 13 of 32 companies we track in Industrial - Machinery, where the median is $354K.
- Where do these numbers come from?
- Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.
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Source: employee counts and revenue as stated in Illinois Tool Works Inc.'s annual reports (Form 10-K), latest filed February 13, 2026. This is data, not a recommendation to buy or sell ITW.