ITW(US:ITW)2025-07-30 14:00Q2 2025 Financial Performance - Revenue increased by 1% to $4.1 billion compared to Q2 2024[6] - Operating margin increased by 10 bps to 26.3% compared to Q2 2024[6] - GAAP EPS increased by 2% to $2.58 compared to Q2 2024[6] - Operating income increased by 1% to $1.07 billion compared to Q2 2024[6] - Sequential improvement with revenue up 6% to $4.1 billion, operating margin up 150 bps to 26.3%, GAAP EPS up 8% to $2.58, and operating income up 12% to $1.068 billion compared to Q1 2025[12] - Free cash flow was $449 million with a conversion rate of 59%, and share repurchases amounted to $375 million[10] Segment Performance - Automotive OEM revenue increased by 4% to $845 million, with operating margin increasing by 190 bps to 21.3%[14] - Food Equipment revenue increased by 2% to $680 million, with operating margin increasing by 60 bps to 27.7%[19] - Welding revenue increased by 3% to $479 million, with operating margin increasing by 20 bps to 33.1%[25] - Polymers & Fluids revenue decreased by 3% to $438 million, with operating margin decreasing by 50 bps to 27.7%[26] - Construction Products revenue decreased by 6% to $473 million, with operating margin increasing by 140 bps to 30.8%[30] - Specialty Products revenue increased by 1% to $455 million, with operating margin increasing by 70 bps to 32.6%[32] 2025 Financial Guidance - Revenue is expected to grow by 1-3% organically, reaching $16.0 - $16.4 billion[36] - Operating margin is projected to be 26.0-27.0%[36] - GAAP EPS is expected to be $10.35 - $10.55[36] - After-tax ROIC is expected to be 31%+[36] - Share repurchases of $1.5 billion are planned[41]