Illinois Tool Works (ITW) Current Taxes (2009 - 2026)
Illinois Tool Works (ITW) posted quarterly Current Taxes of $180.0 million for Q1 2026, down 37.72% year-over-year from $289.0 million in Q1 2025, and down 17.05% quarter-over-quarter from $217.0 million in Q4 2025.
Illinois Tool Works (ITW) Current Taxes (2009 - 2026) Analysis & Trends
Illinois Tool Works' Current Taxes history runs 18 years deep, the most recent figure standing at $180.0 million for Q1 2026.
- In Q1 2026, Current Taxes fell 37.72% year-over-year to $180.0 million; the TTM figure through Mar 2026 stood at $180.0 million (down 37.72% YoY), while the FY2025 annual figure was $217.0 million, changed 0.0% from the prior year.
- Current Taxes for Q1 2026 stood at $180.0 million, down from $217.0 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.
- The 5-year median for Current Taxes is $187.0 million (2023), against an average of $182.6 million.
- The sharpest annual moves came in 2022 and 2026: Current Taxes jumped 90.91% in 2022, then slumped 37.72% in 2026.
- Illinois Tool Works' Current Taxes stood at $147.0 million in 2022, then grew by 27.21% to $187.0 million in 2023, then grew by 16.04% to $217.0 million in 2024, then changed by 0.0% to $217.0 million in 2025, then fell by 17.05% to $180.0 million in 2026.
- Business Quant data shows ITW's Current Taxes at $180.0 million in Q1 2026, $217.0 million in Q4 2025, and $223.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | - |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | - |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 233.00 Mn |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | - |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 123.00 Mn |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 73.60 Mn |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | - |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | - |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | - |
Historic Data
Download 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 |