Illinois Tool Works has reported quarterly earnings that surpassed Wall Street expectations, with revenues reaching $4.09 billion and a profit of $2.72 per share, marking a year-on-year revenue increase of 4.1%. The company announced a $1.5 billion share buyback while returning $3.3 billion to shareholders over the past year. Despite carrying a total debt of $9.15 billion, Illinois Tool Works is optimistic about future performance, projecting revenue growth of 2% to 4% for 2026.