Illinois Tool Works (ITW) Current Taxes (2009 - 2026)

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 was $180.0 million for Q1 2026 at Illinois Tool Works, down from $217.0 million in the prior quarter.
• In the past five years, Current Taxes ranged from a high of $289.0 million in Q1 2025 to a low of $96.0 million in Q2 2025.
• Historically, Current Taxes has averaged $182.6 million across 5 years, with a median of $187.0 million in 2023.
• The sharpest annual moves came in 2022 and 2026: Current Taxes surged 90.91% in 2022, then tumbled 37.72% in 2026.
• A 5-year view of Current Taxes shows it stood at $147.0 million in 2022, then increased by 27.21% to $187.0 million in 2023, then increased by 16.04% to $217.0 million in 2024, then changed by 0.0% to $217.0 million in 2025, then retreated by 17.05% to $180.0 million in 2026.
• The last three Current Taxes figures came in at $180.0 million (Q1 2026), $217.0 million (Q4 2025), and $223.0 million (Q3 2025), per Business Quant data.