Illinois Tool Works (ITW) Sets 2026 Guidance

[Para 1: The Lead] Illinois Tool Works (ITW) has initiated its 2026 financial guidance, projecting revenue growth of 5% to 7% and adjusted earnings per share (EPS) growth of 8% to 10%. The company, a global leader in industrial products and services, is targeting a 10% increase in free cash flow to $2.5 billion, driven by strong market demand and operational efficiency improvements. [Para 2-3: Supporting details & Context] ITW, based in Chicago, reported fourth-quarter 2025 earnings of $3.17 per share, up 12% from the same period last year. The company's industrial segments, including fasteners and engineered solutions, showed robust performance, with ITW attributing the growth to increased orders and favorable pricing. CEO Tom King stated, "Our strategic focus on innovation and customer-centric solutions has positioned ITW for sustained growth." The guidance reflects ITW's confidence in maintaining its market leadership and expanding its global footprint.