Illinois Tool Works (ITW) Asset Utilization Ratio (2009 - 2026)
Illinois Tool Works' (ITW) Asset Utilization Ratio came in at 1.01 for Q2 2026, up 0.3% from 1.00 a year earlier and up 0.5% from the prior quarter.
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Analysis
Illinois Tool Works (ITW) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025, Illinois Tool Works' Asset Utilization Ratio stood at 1.03, down 1.1% from FY2024.
- In prior years, Illinois Tool Works' Asset Utilization Ratio was 1.04 in FY2024 (-0.2%), 1.04 in FY2023 (+2.9%), 1.01 in FY2022 (+10.9%) and 0.91 in FY2021 (+11.3%).
- The Q2 2026 figure stands as the highest quarterly Asset Utilization Ratio since Q1 2025.
- On a year-over-year basis, Asset Utilization Ratio increased in 1 of the last eight quarters, with an average decline of 2.3%.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q4 2022, with growth of 13.6%; the weakest was Q2 2025, with a decline of 4.1%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 1.00 (Q1 2026), 0.99 (Q4 2025) and 0.99 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn | 0.75 |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn | 0.67 |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn | 0.45 |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn | 0.54 |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn | 0.70 |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn | 0.44 |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn | 0.68 |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn | 0.78 |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn | 1.01 |
| 10 | Cummins | 74.79 Bn | 70.86 Bn | 2.47 Bn | 0.99 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.01 |
| Mar 31, 2026 | 1.00 |
| Dec 31, 2025 | 0.99 |
| Sep 30, 2025 | 0.99 |
| Jun 30, 2025 | 1.00 |
| Mar 31, 2025 | 1.03 |
| Dec 31, 2024 | 1.03 |
| Sep 30, 2024 | 1.02 |
| Jun 30, 2024 | 1.05 |
| Mar 31, 2024 | 1.05 |
| Dec 31, 2023 | 1.04 |
| Sep 30, 2023 | 1.04 |
| Jun 30, 2023 | 1.02 |
| Mar 31, 2023 | 1.02 |
| Dec 31, 2022 | 1.04 |
| Sep 30, 2022 | 1.01 |
| Jun 30, 2022 | 0.95 |
| Mar 31, 2022 | 0.92 |
| Dec 31, 2021 | 0.92 |
| Sep 30, 2021 | 0.92 |
API Access
Illinois Tool Works Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ITW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "ITW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();