Illinois Tool Works (ITW) Current Taxes (2009 - 2026)
Illinois Tool Works (ITW) posted Current Taxes of $123.0 million for Q2 2026, down 31.67% on a QoQ basis from $180.0 million in Q1 2026, and up 28.12% year-over-year from $96.0 million in Q2 2025.
Analysis
Illinois Tool Works (ITW) Current Taxes (2009 - 2026) Analysis & Trends
Illinois Tool Works has reported Current Taxes for 18 years, with the latest figure at $123.0 million in Q2 2026.
- On a quarterly basis, Current Taxes rose 28.12% year-over-year to $123.0 million in Q2 2026; TTM through Jun 2026 was $123.0 million, a 28.12% increase from a year earlier, with the FY2025 full-year figure at $217.0 million, changed 0.0% from the prior year.
- Current Taxes was $123.0 million for Q2 2026 at Illinois Tool Works, down from $180.0 million in the prior quarter.
- The five-year high for Current Taxes was $289.0 million in Q1 2025, with the low at $96.0 million in Q2 2025.
- Average Current Taxes over 5 years is $179.3 million, with a median of $183.5 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Current Taxes soared 90.91% in 2022, then slumped 37.72% in 2026.
- Over 5 years, Current Taxes stood at $147.0 million in 2022, then rose by 27.21% to $187.0 million in 2023, then rose by 16.04% to $217.0 million in 2024, then changed by 0.0% to $217.0 million in 2025, then tumbled by 43.32% to $123.0 million in 2026.
- The last three Current Taxes figures came in at $123.0 million (Q2 2026), $180.0 million (Q1 2026), and $217.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 85.28 Bn | 81.95 Bn | 2.68 Bn | - |
| 2 | Illinois Tool Works | 75.67 Bn | 74.83 Bn | 1.90 Bn | 123.00 Mn |
| 3 | Ametek | 54.19 Bn | 53.69 Bn | 735.04 Mn | 73.60 Mn |
| 4 | Rockwell Automation | 47.43 Bn | 46.95 Bn | 1.14 Bn | - |
| 5 | Mettler Toledo International | 26.01 Bn | 25.96 Bn | 650.22 Mn | 188.49 Mn |
| 6 | Dover | 25.81 Bn | 24.05 Bn | 880.61 Mn | 36.27 Mn |
| 7 | Nordson | 17.47 Bn | 17.36 Bn | 453.73 Mn | 44.47 Mn |
| 8 | Fortive | 17.01 Bn | 16.64 Bn | 695.30 Mn | - |
| 9 | RBC Bearings | 15.36 Bn | 15.24 Bn | 247.80 Mn | - |
| 10 | Regal Rexnord | 10.69 Bn | 10.25 Bn | 611.60 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 123.00 Mn |
| Mar 31, 2026 | 180.00 Mn |
| Dec 31, 2025 | 217.00 Mn |
| Sep 30, 2025 | 223.00 Mn |
| Jun 30, 2025 | 96.00 Mn |
| Mar 31, 2025 | 289.00 Mn |
| Dec 31, 2024 | 217.00 Mn |
| Sep 30, 2024 | 205.00 Mn |
| Jun 30, 2024 | 153.00 Mn |
| Mar 31, 2024 | 251.00 Mn |
| Dec 31, 2023 | 187.00 Mn |
| Sep 30, 2023 | 145.00 Mn |
| Jun 30, 2023 | 154.00 Mn |
| Mar 31, 2023 | 224.00 Mn |
| Dec 31, 2022 | 147.00 Mn |
| Sep 30, 2022 | 97.00 Mn |
| Jun 30, 2022 | 120.00 Mn |
| Mar 31, 2022 | 200.00 Mn |
| Dec 31, 2021 | 77.00 Mn |
| Sep 30, 2021 | 70.00 Mn |