Illinois Tool Works (ITW) Capital Expenditures (2009 - 2026)
Illinois Tool Works' Capital Expenditures was $92 million in Q2 2026, down 8.9% from $101 million a year earlier and down 3.2% from the prior quarter.
Powered by 
Analysis
Illinois Tool Works (ITW) Capital Expenditures (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Illinois Tool Works' Capital Expenditures was $409 million through Jun 30, 2026, down 3.3% 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%).
- The Q2 2026 figure marks the lowest quarterly Capital Expenditures since Q2 2023.
- Compared with a year earlier, Capital Expenditures has declined for three straight quarters, with an average decline of 6.1% 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 Q2 2026 was $95 million (Q1 2026), $105 million (Q4 2025) and $117 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 587.00 Mn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 355.50 Mn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 638.00 Mn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 253.00 Mn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 173.00 Mn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 173.30 Mn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 102.00 Mn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 223.00 Mn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 92.00 Mn |
| 10 | Cummins | 71.32 Bn | 68.45 Bn | 2.47 Bn | 249.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 71.00 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();