ITW reported Automotive OEM revenue, including fasteners, declined 1.8% to $814 million in the third quarter of 2026 due to resin inflation and price-cost timing lag. Segment income totaled $163 million and margin falling 170 basis points to 20.1%.

Q3 Construction Products revenue, including fasteners, flattened to $472 million, with operating income reaching $141 million and segment margin declining 170 basis points to 29.9%, impacted by near-term price-cost headwinds and interest rate sensitivity.

Consolidated Q3 revenue rose 4% to $4.24 billion, while operating income gained 6% to a record $1.18 billion.

During the first nine months of 2026, Automotive OEM revenue growing 1.2% to $2.5 billion, with operating income totaling $521million and segment margin increasing 10 basis points to 20.9%.

Nine-month Construction Products revenue rising 2.6% to $1.42 billion, with operating income reaching $427 million and segment margin dipping 60 basis points to 30%.