Illinois Tool Works ITW
NYSE ITW
$263.98 -4.71 (-1.75%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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