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Illinois Tool Works Inc (ITW): R&D Expense

Annual figures by period end, from SEC filings.

Restated years: each year's figure is from the latest filing that reports it. The company later restated the years ended 2009-12-31, 2011-12-31 (for example after a spin-off or a discontinued operation), while the year before each was last reported on the old basis. Changes across those points are marked n/c (not comparable), and growth rates are not computed across them.

$302.00M
Year ended 2025-12-31
+3.9%
3-year compound annual growth
+7.1%
5-year compound annual growth
+3.3%
10-year compound annual growth
2008-12-31: $212.66M2009-12-31: $191.86M2010-12-31: $213.00M2011-12-31: $221.00M2012-12-31: $240.00M2013-12-31: $240.00M2014-12-31: $227.00M2015-12-31: $218.00M2016-12-31: $223.00M2017-12-31: $225.00M2018-12-31: $233.00M2019-12-31: $221.00M2020-12-31: $214.00M2021-12-31: $239.00M2022-12-31: $269.00M2023-12-31: $284.00M2024-12-31: $292.00M2025-12-31: $302.00M$302.00M
2008-12-31 R&D Expense (USD) 2025-12-31
Period endedR&D ExpenseChange YoYSource filing
2025-12-31$302.00M+3.4%2026-02-13, From 2025-01-01
2024-12-31$292.00M+2.8%2026-02-13, From 2024-01-01
2023-12-31$284.00M+5.6%2026-02-13, From 2023-01-01
2022-12-31$269.00M+12.6%2025-02-14, From 2022-01-01
2021-12-31$239.00M+11.7%2024-02-09, From 2021-01-01
2020-12-31$214.00M-3.2%2023-02-10, From 2020-01-01
2019-12-31$221.00M-5.2%2022-02-11, From 2019-01-01
2018-12-31$233.00M+3.6%2021-02-12, From 2018-01-01
2017-12-31$225.00M+0.9%2020-02-14, From 2017-01-01
2016-12-31$223.00M+2.3%2019-02-15, From 2016-01-01
2015-12-31$218.00M-4.0%2018-02-15, From 2015-01-01
2014-12-31$227.00M-5.4%2017-02-10, From 2014-01-01
2013-12-31$240.00M0.0%2016-02-12, From 2013-01-01
2012-12-31$240.00M+8.6%2015-02-13, From 2012-01-01
2011-12-31$221.00Mn/c2014-02-14, From 2011-01-01
2010-12-31$213.00M+11.0%2013-02-19, From 2010-01-01
2009-12-31$191.86Mn/c2012-02-17, From 2009-01-01
2008-12-31$212.66Mn/a2011-02-28, From 2008-01-01

R&D Expense at similar companies

Companies with the same SEC industry code (General Industrial Machinery & Equipment), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedR&D ExpenseChange YoY
Illinois Tool Works Inc (ITW)2025-12-31$302.00M+3.4%
Ingersoll Rand Inc. (IR)2025-12-31$114.30M-2.0%
Zebra Technologies Corp (ZBRA)2025-12-31$593.00M+5.3%
Gates Industrial Corp Ltd. (GTES)2025-12-31$71.90M+8.1%
Twin Disc Inc (TWIN)2026-06-30$2.86M+5.8%
Graham Corp (GHM)2026-03-31$6.35M+57.3%
Greenland Technologies Holding Corp. (GTEC)2025-12-31$3.92M+33.5%

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