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

Illinois Tool Works' (ITW) quarterly Current Taxes came in at $180.0 million in Q1 2026, down 37.72% year-on-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.

  • On a quarterly basis, Current Taxes fell 37.72% year-over-year to $180.0 million in Q1 2026; TTM through Mar 2026 was $180.0 million, a 37.72% decrease from a year earlier, with the FY2025 full-year figure at $217.0 million, changed 0.0% from the prior year.
  • Current Taxes fell to $180.0 million in Q1 2026 per ITW's latest filing, from $217.0 million in the prior quarter.
  • Across five years, Current Taxes topped out at $289.0 million in Q1 2025 and bottomed 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.
  • Across the five-year window, Current Taxes jumped 90.91% in 2022 and tumbled 37.72% in 2026, its largest moves.
  • Year by year, Current Taxes 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.
  • Per Business Quant, the three latest ITW Current Taxes figures stand at $180.0 million (Q1 2026), $217.0 million (Q4 2025), and $223.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn -
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn -
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 233.00 Mn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn -
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn -
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 180.00 Mn
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 91.17 Mn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn -
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn -
10 Xylem 29.09 Bn 28.28 Bn 803.00 Mn -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 77.00 Mn