Illinois Tool Works (ITW) Asset Utilization Ratio (2009 - 2026)
Illinois Tool Works' (ITW) quarterly Asset Utilization Ratio came in at 1.0 in Q1 2026, down 3.06% year-on-year from 1.03 in Q1 2025, and up 0.7% quarter-over-quarter from 0.99 in Q4 2025.
Illinois Tool Works (ITW) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Illinois Tool Works' Asset Utilization Ratio history runs 18 years deep, the most recent figure standing at 1.0 for Q1 2026.
- On a quarterly basis, Asset Utilization Ratio fell 3.06% year-over-year to 1.0 in Q1 2026; TTM through Mar 2026 was 1.0, a 3.06% decrease from a year earlier, with the FY2025 full-year figure at 1.03, down 1.12% from the prior year.
- Asset Utilization Ratio rose to 1.0 in Q1 2026 per ITW's latest filing, from 0.99 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.05 in Q1 2024 and bottomed at 0.92 in Q1 2022.
- The 5-year median for Asset Utilization Ratio is 1.02 (2023), against an average of 1.01.
- Across the five-year window, Asset Utilization Ratio rose 13.62% in 2022 and dropped 4.13% in 2025, its largest moves.
- Year by year, Asset Utilization Ratio stood at 1.04 in 2022, then advanced by 0.23% to 1.04 in 2023, then fell by 1.23% to 1.03 in 2024, then slipped by 3.43% to 0.99 in 2025, then advanced by 0.7% to 1.0 in 2026.
- Per Business Quant, the three latest ITW Asset Utilization Ratio figures stand at 1.0 (Q1 2026), 0.99 (Q4 2025), and 0.99 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 0.53 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 0.59 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 0.69 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 0.99 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 0.44 |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 1.00 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 0.47 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 0.78 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 0.43 |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 0.53 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.90 |