How government-dependent was ILLINOIS TOOL WORKS INC. in fiscal year 2024?

In fiscal year 2024, US federal contract obligations equal at least 0.1% of ILLINOIS TOOL WORKS INC.'s reported revenue - $8.2M in federal awards against $15.9B in revenue as filed with the SEC.

Cite as: FACTANKER, https://factanker.com/entity/0fe43db8-31fa-4b88-ad7a-a19b98936a27/government-dependency/2024

Fiscal year	Revenue (SEC, as filed)	Federal obligations	Share	Data status
FY 2025	$16.0B	$4.7M	≥ 0.0%	contracts only
FY 2024	$15.9B	$8.2M	≥ 0.1%	contracts only

Evidence
Revenue FY 2024: evidence fact 33c71cfe… (SEC filing)
Federal obligations FY 2024: sum of 82 award records (USAspending bulk data)
Identity consolidation: CIK 0000049826 · LEI 76NA4I14SZCFAYMNSV04 · UEI RTYDEXYNEZS1 - linked via evidence-backed same_as facts, see all facts of this organization

Methodology & sources
Revenue: company fiscal year, as filed with the SEC (XBRL concept per evidence fact). Obligations: US federal fiscal year of the award date, consolidated across all registrations of the corporate group. Computed in the database, precomputed weekly - never by a model. Sources: SEC EDGAR, USAspending (public domain).

Not claimed

The two periods do not align exactly: revenue follows the company's fiscal year, obligations the US federal fiscal year (Oct-Sep).
Years marked 'contracts only': grant/assistance awards are not yet loaded - the share is a floor, not the full figure.
Fiscal years without a share: obligations base files not yet loaded; a missing value means missing load, not zero government business.
Obligations are amounts obligated, not amounts paid out.
The share consolidates all registrations of the corporate group via evidence-backed identity links (same_as facts).

Latest fiscal year & all years · ILLINOIS TOOL WORKS INC. - all facts · Use this metric in your own models: JSON/API · API/MCP quickstart