Growth Metrics

Illinois Tool Works (ITW) Change in Taxes (2016 - 2026)

Illinois Tool Works has reported Change in Taxes over the past 17 years, most recently at $21.0 million for 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 for Q4 2025 was $21.0 million at Illinois Tool Works, down from $38.0 million in the prior quarter.
  • Over five years, Change in Taxes peaked at $134.0 million in Q1 2022 and troughed at -$266.0 million in Q2 2025.
  • A 5-year average of -$13.2 million and a median of $31.0 million in 2024 define the central range for Change in Taxes.
  • Biggest five-year swings in Change in Taxes: tumbled 320.59% in 2021 and later soared 1100.0% in 2024.
  • Year by year, Change in Taxes stood at $79.0 million in 2021, then decreased by 15.19% to $67.0 million in 2022, then grew by 1.49% to $68.0 million in 2023, then crashed by 64.71% to $24.0 million in 2024, then dropped by 12.5% to $21.0 million in 2025.
  • Business Quant data shows Change in Taxes for ITW at $21.0 million in Q4 2025, $38.0 million in Q3 2025, and -$266.0 million in Q2 2025.