ITW FY2025 SEC EDGAR DEF 14A #18 of 60 in industry

Illinois Tool Works Inc CEO pay ratio

The CEO earned $15.2M in FY2025 against median worker pay of $73,094 · Industrial Machinery & Equipment.

Industrial Machinery & Equipment peers All rankings
State
DE
Filing date
2026-03-27
Industry
Industrial Machinery & Equipment
Industry rank
#18/60

Data updated August 2026

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CEO-to-worker pay ratio
208:1
High (Scale: 0–1000:1)
CEO pay
$15.2M
Median worker
$73,094

Answer first

Illinois Tool Works Inc's FY2025 CEO total of $15.2M ranks #296 of 1,423 complete filings; its 208:1 pay ratio ranks #304. Dollar rank is not ratio rank.

According to the same FY2025 complete-filing cohort used on the rankings boards (CEO total, median worker, and ratio all present). Median worker pay is $73,094. Industry placement uses the FY2025 SIC-35 peer cohort (# 18 of 60, 72nd percentile - above the industry median pay ratio). Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Industrial Machinery & Equipment companies.

Dollar rank
#296
$15.2M of 1,423 FY2025
Ratio rank
#304
208:1 of 1,423
Industry pct
72nd
above the industry median pay ratio

How Illinois Tool Works Inc ranks nationally

Illinois Tool Works Inc CEO pay vs. every FY2025 complete filing

Total CEO compensation, the full national distribution, this company marked

$15,203,552 Top 21% higher than 79% of 1,423 companies

$0–$2,500,000: 304 companies (21%). Below this entry. $2,500,000–$5,000,000: 182 companies (13%). Below this entry. $5,000,000–$7,500,000: 208 companies (15%). Below this entry. $7,500,000–$10,000,000: 192 companies (13%). Below this entry. $10,000,000–$12,500,000: 139 companies (10%). Below this entry. $12,500,000–$15,000,000: 91 companies (6%). Below this entry. $15,000,000–$17,500,000: 88 companies (6%). This entry sits in this band. $17,500,000–$20,000,000: 54 companies (4%). Above this entry. $20,000,000–$22,500,000: 24 companies (2%). Above this entry. $22,500,000–$25,000,000: 34 companies (2%). Above this entry. $25,000,000–$27,500,000: 24 companies (2%). Above this entry. $27,500,000–$30,000,000: 16 companies (1%). Above this entry. $30,000,000–$32,500,000: 10 companies (1%). Above this entry. $32,500,000–$35,000,000: 7 companies (0%). Above this entry. $35,000,000–$37,500,000: 9 companies (1%). Above this entry. $37,500,000–$40,000,000: 6 companies (0%). Above this entry. $40,000,000–$42,500,000: 1 companies (0%). Above this entry. $42,500,000–$45,000,000: 1 companies (0%). Above this entry. $45,000,000–$47,500,000: 6 companies (0%). Above this entry. $47,500,000–$50,000,000: 27 companies (2%). Above this entry. This company $0 $50M+ every complete-filing company, bucketed by value

Each bar is a $2500K-wide band; taller bars hold more companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source SEC DEF 14A Section 953(b) disclosures, PlainCEOPay extract · FY2025

Illinois Tool Works Inc vs. Industrial Machinery & Equipment peers

CEO total pay ($15.2M) against pay ratio (208:1) for Illinois Tool Works Inc (marked) and its 5 closest same-industry peers, against the Industrial Machinery & Equipment industry median on both axes.

Pay + gap both highContained pay, wide gapHigh pay, contained gapBelow peer norms on both7589416.59843886.012098355.514352825.016607294.6135.2:1156.1:1177:1197.9:1218.8:1CEO total payPay ratio (CEO : median worker)Illinois Tool Works Inc, CEO total pay: 15203552 · Pay ratio (CEO : median worker): 208:1Illinois Tool Works IncCorsair Gaming, Inc., CEO total pay: 7999320 · Pay ratio (CEO : median worker): 210:1Corsair Gaming, Inc.NCR Atleos Corp, CEO total pay: 10291760 · Pay ratio (CEO : median worker): 206:1NCR Atleos CorpPENTAIR plc, CEO total pay: 11374255 · Pay ratio (CEO : median worker): 210:1PENTAIR plcZebra Technologies Corp, CEO total pay: 13885076 · Pay ratio (CEO : median worker): 202:1Zebra Technologies CorpIngersoll Rand Inc., CEO total pay: 16197391 · Pay ratio (CEO : median worker): 215:1Ingersoll Rand Inc.
Illinois Tool Works Inc vs. Industrial Machinery & Equipment peers, plotted against the industry's $9.4M median CEO total and 139:1 median pay ratio.

Ratio bands among Industrial Machinery & Equipment peers

Exclusive CEO-to-median-worker bands across 54 complete latest-FY filings in SIC 35. Segments sum to the peer set, not this company's compensation pillar.

CEO Compensation Breakdown, FY2025

A component-level pay breakdown is not reported in Illinois Tool Works Inc's structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · Illinois Tool Works Inc

Complete DEF 14A pay-ratio filings for this CIK across FY2021–2025. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
208:1
FY2025
vs prior FY
+50:1
from FY2024 158:1
CEO $ YoY
+38%
$15.2M latest
Filings shown
5
FY2021–2025
Illinois Tool Works Inc CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2021 $20.8M - $61,011 341:1 -
2022 $22.2M +6.9% $71,962 309:1 -32:1
2023 $22.5M +1.3% $66,624 338:1 +29:1
2024 $11.0M -51% $69,508 158:1 -180:1
2025 $15.2M +38% $73,094 208:1 +50:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 49826, FY2021–2025. Adjacent-year deltas only.

Industry Comparison - Industrial Machinery & Equipment

This Company's Ratio
208:1
Industry Median Ratio
139:1
Industry Median CEO Pay
$9.4M
This CEO's Pay
$15.2M
Companies in Industry
60
vs. Industry Median
Above
#18 of 60 by pay ratio in this industry View all companies in Industrial Machinery & Equipment →

Illinois Tool Works Inc: STEEP · PEAK pay ratio

Illinois Tool Works Inc's FY2025 ratio 208:1 ranks #18 of 60 Industrial Machinery & Equipment filers (72nd percentile). the CEO earned 208× the median employee ($73,094) in FY2025.

Median employee $73,094 (HIGH-MED); STEEP · PEAK stamps put about 208 median-wage years per CEO year.

CEO Total Pay

$15.2M

FY2025 Summary Compensation, above median

Pay Ratio

208:1

Elevated vs. peers

Illinois Tool Works Inc in the higher Industrial Machinery & Equipment third

Illinois Tool Works Inc's FY2025 ratio 208:1 ranks #18 of 60 Industrial Machinery & Equipment filers (72nd percentile). The structured pay-ratio disclosure reports the total without line-item components. Industrial Machinery & Equipment (SIC 35) median ratio is 139:1 across 60 FY2025 filers; Illinois Tool Works Inc's $15.2M CEO total is above the $9.4M industry median CEO pay.

Dollar rank #296 and ratio rank #304 split - treat 208:1 as a disclosure, not a fairness score. Open Industrial Machinery & Equipment peers.

Key Data, FY2025

Total Compensation
$15.2M
Median Employee Pay
$73,094
Pay Ratio
208:1
Filing Date
2026-03-27

Company Info

Ticker
ITW
CIK
49826
Industry
Industrial Machinery & Equipment
SIC Code
3560
State
DE
View SEC filings →
SEC EDGAR DEF 14A for CIK 49826, FY2025. Informational only, not investment advice. Verify on EDGAR.

Read our methodology - how this data is sourced, computed, and verified. Illinois Tool Works Inc's FY2025 ratio 208:1 ranks #18 of 60 Industrial Machinery & Equipment filers (72nd percentile).

Read with Illinois Tool Works Inc

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps STEEP · PEAK · HIGH-MED.

Life Time Group Holdings, Inc. · PEAK

ABS(ceo_total_comp) peer at $15.2M (Δ $4K lighter vs Illinois Tool Works Inc); MEGA · LOW-MED vs this page's STEEP · PEAK · HIGH-MED.
Assurant, Inc. · PEAK

ABS(ceo_total_comp) peer at $15.2M (Δ $18K heavier vs Illinois Tool Works Inc); STEEP · PAR-MED vs this page's STEEP · PEAK · HIGH-MED.
Restaurant Brands International Inc. · PEAK

ABS(ceo_total_comp) peer at $15.2M (Δ $44K lighter vs Illinois Tool Works Inc); MEGA · LOW-MED vs this page's STEEP · PEAK · HIGH-MED.
Viatris Inc · PEAK

ABS(ceo_total_comp) peer at $15.3M (Δ $77K heavier vs Illinois Tool Works Inc); HIGH · PAR-MED vs this page's STEEP · PEAK · HIGH-MED.
Corsair Gaming, Inc. (SIC 35 pole)

Corsair Gaming, Inc. stamps STEEP · HEAVY nearest in-SIC by ABS(pay_ratio) to Illinois Tool Works Inc's STEEP filing.
National dual ranks · #296/#304

Illinois Tool Works Inc's FY2025 package sits #296 by CEO dollars and #304 by ratio under PEAK · STEEP.
Comp structure · PEAK

Illinois Tool Works Inc's PEAK CEO total is equity-sensitive - read what grant-date fair value does and does not mean.
Data sourced from SEC EDGAR DEF 14A for Illinois Tool Works Inc (CIK 49826), FY2025. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.