Seasonality
ITW seasonality — Illinois Tool Works
Over the last 11 years, ITW's strongest month on average has been November (+5.9%) and its weakest March (-2.2%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +1.88% | +3.04% | 60% | +8.4% | -5.2% | 10 |
| Feb | +0.65% | +1.17% | 60% | +11.2% | -7.5% | 10 |
| Mar | -2.16% | -1.67% | 40% | +9.6% | -15.3% | 10 |
| Apr | +0.20% | -0.75% | 40% | +14.3% | -9.3% | 10 |
| May | -0.67% | +0.87% | 60% | +6.1% | -10.3% | 10 |
| Jun | +1.35% | +1.14% | 60% | +14.4% | -12.4% | 10 |
| Jul | +4.44% | +3.94% | 90% | +14.0% | -1.8% | 10 |
| Aug | -0.92% | -2.55% | 40% | +6.8% | -6.2% | 10 |
| Sep | -1.85% | -1.83% | 40% | +7.6% | -11.3% | 10 |
| Oct | +3.25% | +3.58% | 60% | +18.2% | -9.6% | 10 |
| Nov | +5.92% | +6.53% | 100% | +9.0% | +1.9% | 9 |
| Dec | -1.14% | -1.80% | 30% | +8.2% | -8.9% | 10 |
Monthly returns heat map — ITW
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.1 | 11.2 | -10.4 | -0.9 | -4.2 | 9.4 | 6.1 | -4.0 | -6.6 | 8.3 | 0.9 | +14.1% | |
| 2025 | 2.2 | 1.9 | -6.0 | -3.3 | 2.1 | 0.9 | 3.5 | 3.4 | -1.5 | -6.5 | 2.2 | -1.2 | -2.9% |
| 2024 | -0.4 | 0.5 | 2.4 | -9.0 | -0.6 | -2.4 | 4.4 | 2.4 | 3.5 | -0.4 | 6.3 | -8.6 | -3.2% |
| 2023 | 7.1 | -1.2 | 4.4 | -0.6 | -9.6 | 14.4 | 5.3 | -6.1 | -6.9 | -2.7 | 8.1 | 8.2 | +18.9% |
| 2022 | -5.2 | -7.5 | -3.2 | -5.9 | 5.6 | -12.4 | 14.0 | -6.2 | -7.3 | 18.2 | 6.5 | -3.1 | -10.7% |
| 2021 | -4.7 | 4.1 | 9.6 | 4.0 | 0.6 | -3.5 | 1.4 | 2.7 | -11.3 | 10.3 | 1.9 | 6.3 | +21.1% |
| 2020 | -2.6 | -4.1 | -15.3 | 14.3 | 6.1 | 1.4 | 5.8 | 6.8 | -2.2 | 1.4 | 7.8 | -3.4 | +13.5% |
| 2019 | 8.4 | 4.9 | -0.4 | 8.4 | -10.3 | 8.0 | 2.3 | -2.8 | 4.4 | 7.7 | 3.4 | 3.0 | +41.8% |
| 2018 | 4.1 | -7.0 | -3.0 | -9.3 | 1.2 | -3.6 | 3.5 | -3.1 | 1.6 | -9.6 | 9.0 | -8.9 | -24.1% |
| 2017 | 3.9 | 3.8 | 0.3 | 4.2 | 2.3 | 1.4 | -1.8 | -2.3 | 7.6 | 5.8 | 8.1 | -1.4 | +36.2% |
| 2016 | -2.2 |