Illinois Tool Works has retired 54.0% of its shares since 2003, from 618,946,750 to 284,800,000.
At $272.28 a share, a market value of $77.5B. FCF yield 3.8%, P/E 24.3, trailing twelve months to June 2026.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 1999 | 2000-03-14 | 601,357,794 | 10-K405 | cover page |
| 2000 | 2001-01-31 | 606,003,336 | 10-K405 | cover page |
| 2001 | 2002-03-12 | 611,790,616 | 10-K405 | cover page |
| 2002 | 2003-02-28 | 614,837,718 | 10-K | cover page |
| 2003 | 2004-02-27 | 618,946,750 | 10-K | cover page |
| 2004 | 2005-01-31 | 584,515,602 | 10-K | cover page |
| 2005 | 2006-01-31 | 561,837,734 | 10-K | cover page |
| 2006 | 2007-01-31 | 558,822,857 | 10-K | cover page |
| 2007 | 2008-01-31 | 526,912,512 | 10-K | cover page |
| 2008 | 2009-01-31 | 499,164,971 | 10-K | cover page |
| 2009 | 2010-01-31 | 502,408,086 | 10-K | |
| 2010 | 2011-01-31 | 498,419,391 | 10-K | |
| 2011 | 2012-01-31 | 483,773,784 | 10-K | |
| 2012 | 2013-01-31 | 451,435,783 | 10-K | |
| 2013 | 2014-01-31 | 424,867,793 | 10-K | |
| 2014 | 2015-01-31 | 379,447,026 | 10-K | |
| 2015 | 2016-01-31 | 363,766,897 | 10-K | |
| 2016 | 2017-01-31 | 346,550,685 | 10-K | |
| 2017 | 2018-01-31 | 341,545,719 | 10-K | |
| 2018 | 2019-01-31 | 328,108,383 | 10-K | |
| 2019 | 2020-01-31 | 318,864,237 | 10-K | |
| 2020 | 2021-01-31 | 316,662,263 | 10-K | |
| 2021 | 2022-01-31 | 312,926,939 | 10-K | |
| 2022 | 2023-01-31 | 305,068,141 | 10-K | |
| 2023 | 2024-01-31 | 298,800,000 | 10-K | |
| 2024 | 2025-01-31 | 293,500,000 | 10-K | |
| 2025 | 2026-01-31 | 288,200,000 | 10-K |
Source: all 10-K filings of Illinois Tool Works on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
Cash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $272.28.
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Yes. Illinois Tool Works has 1.8% fewer shares outstanding than twelve months ago, 284,800,000 as of June 30, 2026. Over five years the share count is down 9.3%.
Net of every new share it issued, Illinois Tool Works has 334.1 million fewer shares than at its 2003 peak. That is 54.0% of the company.
284,800,000 shares, as of June 30, 2026, from the cover page of its latest 10-Q. At the 2003 peak it had 618,946,750.
Each share is a bigger slice of the company. Someone who held Illinois Tool Works stock in 2003 owns 2.2 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Illinois Tool Works ranks No. 65 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Affiliated Managers Group (54.4%), Unum Group (54.4%), Yum! Brands (54.0%), Valero Energy (53.7%).
Every answer is computed from Illinois Tool Works' own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.
The numbers say what happened. The story says whether it can continue. We cover companies like Illinois Tool Works in depth on Cannibal Stocks.
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