Illinois Tool Works (ITW) Change in Taxes (2009 - 2026)

Illinois Tool Works' Change in Taxes history runs 18 years deep, the most recent figure standing at -$6.0 million for Q1 2026.

• On a quarterly basis, Change in Taxes fell 108.33% year-over-year to -$6.0 million in Q1 2026; TTM through Mar 2026 was -$213.0 million, a 287.27% decrease from a year earlier, with the FY2025 full-year figure at -$135.0 million, down 92.86% from the prior year.
• Change in Taxes fell to -$6.0 million in Q1 2026 per ITW's latest filing, from $21.0 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.
• The 5-year median for Change in Taxes is $24.0 million (2024), against an average of -$18.7 million.
• Across the five-year window, Change in Taxes tumbled 186.67% in 2022 and surged 1100.0% in 2024, its largest moves.
• Year by year, Change in Taxes stood at $67.0 million in 2022, then increased by 1.49% to $68.0 million in 2023, then tumbled by 64.71% to $24.0 million in 2024, then decreased by 12.5% to $21.0 million in 2025, then sank by 128.57% to -$6.0 million in 2026.
• Per Business Quant, the three latest ITW Change in Taxes figures stand at -$6.0 million (Q1 2026), $21.0 million (Q4 2025), and $38.0 million (Q3 2025).