Growth Metrics

Illinois Tool Works (ITW) Change in Taxes (2016 - 2025)

Illinois Tool Works (ITW) has 17 years of Change in Taxes data on record, last reported at $21.0 million in Q4 2025.

  • For Q4 2025, Change in Taxes fell 12.5% year-over-year to $21.0 million; the TTM value through Dec 2025 reached -$135.0 million, down 92.86%, while the annual FY2025 figure was -$135.0 million, 92.86% down from the prior year.
  • Change in Taxes reached $21.0 million in Q4 2025 per ITW's latest filing, down from $38.0 million in the prior quarter.
  • Across five years, Change in Taxes topped out at $134.0 million in Q1 2022 and bottomed at -$266.0 million in Q2 2025.
  • Average Change in Taxes over 5 years is -$13.2 million, with a median of $31.0 million recorded in 2024.
  • Peak YoY movement for Change in Taxes: tumbled 320.59% in 2021, then soared 1100.0% in 2024.
  • A 5-year view of Change in Taxes shows it stood at $79.0 million in 2021, then fell by 15.19% to $67.0 million in 2022, then increased by 1.49% to $68.0 million in 2023, then plummeted by 64.71% to $24.0 million in 2024, then decreased by 12.5% to $21.0 million in 2025.
  • Per Business Quant database, its latest 3 readings for Change in Taxes were $21.0 million in Q4 2025, $38.0 million in Q3 2025, and -$266.0 million in Q2 2025.