ITW Q1 revenue falls 3.4% to $3.8 billion; GAAP EPS $2.38, full-year guidance maintained
ITW reported first-quarter 2025 revenue of $3.8 billion, down 3.4% from a year earlier, and GAAP diluted EPS of $2.38, which the company said was ahead of its plan expectations. It maintained its full-year 2025 GAAP EPS guidance of $10.15 to $10.55 per share, which shareholders will watch as tariff costs weigh on results. Revenue and EPS both declined year over year, so the report shows lower results even though guidance held.
Key points
- Revenue was $3.8 billion, down 3.4%; organic revenue fell 1.6%, or was essentially flat on an equal days basis.
- Diluted GAAP EPS was $2.38, compared with $2.73 a year earlier, which included a $0.29 one-time inventory accounting benefit; excluding that item, EPS declined two percent.
- Operating margin was 24.8%, down 60 basis points on the adjusted comparison, and the company repurchased $375 million of its own shares in the quarter.
- Full-year 2025 GAAP EPS guidance of $10.15 to $10.55 was maintained, with pricing actions expected to offset tariff cost impacts.
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.