Illinois Tool Works 2026 financial performance
The developments in this story so far, most recent first.
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· Development
ITW reports best quarterly profit, raises full-year organic growth outlook
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· date approximate · Background
Customer-Back Innovation (CBI) contributed 2.4% to revenue growth in 2025.
In 2025, Illinois Tool Works Inc. (ITW) reported that its Customer-Back Innovation (CBI) initiative contributed 2.4% to the company's revenue growth. This figure was later cited as a benchmark when CBI exceeded a 3% contribution in the first half of 2026.
CBI is defined as incremental revenue from products introduced within the last three years, with cannibalization of older products explicitly netted out. The metric is measured as a percentage of total revenue growth.
By 2026, progress in CBI had become one of four long-term metrics used to determine compensation for division-level management and above, signaling its strategic importance to ITW's organic growth model.
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Date unknown · Background
The company established a long-term performance goal of achieving 30% plus operating margin by 2030.
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