Illinois Tool Works (ITW) Capital Expenditures (2009 - 2026)
Illinois Tool Works' Capital Expenditures was $102 million in Q3 2026, down 12.8% from $117 million a year earlier but up 10.9% from the prior quarter.
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Analysis
Illinois Tool Works (ITW) Capital Expenditures (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Illinois Tool Works' Capital Expenditures was $394 million through Sep 30, 2026, down 8.8% year-over-year; for FY2025, it was $419 million, down 4.1% from FY2024.
- Capital Expenditures shows a five-year compound annual growth rate of 12.2% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $437 million in FY2024 (-4.0%), $455 million in FY2023 (+10.4%), $412 million in FY2022 (+39.2%) and $296 million in FY2021 (+25.4%).
- Quarterly Capital Expenditures has moved between $74 million (Q1 2022) and $156 million (Q4 2022) over five years.
- Compared with a year earlier, Capital Expenditures has declined for four straight quarters, with an average decline of 5.9% over the last eight quarters.
- The best year-over-year quarter for Capital Expenditures over five years was Q4 2022 (growth of 97.5%); the worst was Q4 2023 (a decline of 16.0%).
- Per Business Quant data, ITW's Capital Expenditures in the three quarters before Q3 2026 was $92 million (Q2 2026), $95 million (Q1 2026) and $105 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 268.42 Bn | 239.73 Bn | 7.35 Bn | 1.06 Bn |
| 2 | Amphenol | 200.18 Bn | 194.88 Bn | 4.02 Bn | 457.20 Mn |
| 3 | Deere | 182.33 Bn | 150.42 Bn | 4.66 Bn | 903.00 Mn |
| 4 | Eaton | 139.45 Bn | 136.39 Bn | 3.11 Bn | 275.00 Mn |
| 5 | Parker-Hannifin | 120.96 Bn | 118.84 Bn | 2.26 Bn | 109.00 Mn |
| 6 | 3M | 97.01 Bn | 78.45 Bn | 2.78 Bn | 256.00 Mn |
| 7 | Emerson Electric | 93.92 Bn | 86.65 Bn | 2.66 Bn | 102.00 Mn |
| 8 | Illinois Tool Works | 80.83 Bn | 77.51 Bn | 1.91 Bn | 102.00 Mn |
| 9 | Vertiv Holdings | 75.75 Bn | 64.60 Bn | 1.64 Bn | 139.10 Mn |
| 10 | TE Connectivity | 63.95 Bn | 59.09 Bn | 1.84 Bn | 304.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 102.00 Mn |
| Jun 30, 2026 | 92.00 Mn |
| Mar 31, 2026 | 95.00 Mn |
| Dec 31, 2025 | 105.00 Mn |
| Sep 30, 2025 | 117.00 Mn |
| Jun 30, 2025 | 101.00 Mn |
| Mar 31, 2025 | 96.00 Mn |
| Dec 31, 2024 | 118.00 Mn |
| Sep 30, 2024 | 108.00 Mn |
| Jun 30, 2024 | 116.00 Mn |
| Mar 31, 2024 | 95.00 Mn |
| Dec 31, 2023 | 131.00 Mn |
| Sep 30, 2023 | 126.00 Mn |
| Jun 30, 2023 | 85.00 Mn |
| Mar 31, 2023 | 113.00 Mn |
| Dec 31, 2022 | 156.00 Mn |
| Sep 30, 2022 | 101.00 Mn |
| Jun 30, 2022 | 81.00 Mn |
| Mar 31, 2022 | 74.00 Mn |
| Dec 31, 2021 | 79.00 Mn |
API Access
Illinois Tool Works Capital Expenditures 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=capital-expenditures&ticker=ITW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();