Illinois Tool Works (ITW) Debt Ratio (2009 - 2026)

Illinois Tool Works (ITW) recorded quarterly Debt Ratio of 0.56 in Q1 2026, up 1.27% quarter-over-quarter from 0.56 in Q4 2025, and up 5.29% on a YoY basis from 0.53 in Q1 2025.

Illinois Tool Works (ITW) Debt Ratio (2009 - 2026) Analysis & Trends

Illinois Tool Works' Debt Ratio history runs 18 years deep, the most recent figure standing at 0.56 for Q1 2026.

  • In Q1 2026, Debt Ratio rose 5.29% year-over-year to 0.56; the TTM figure through Mar 2026 stood at 0.56 (up 5.29% YoY), while the FY2025 annual figure was 0.56, up 6.43% from the prior year.
  • Debt Ratio was 0.56 for Q1 2026 at Illinois Tool Works, up from 0.56 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.56 in Q1 2026 to a low of 0.48 in Q1 2022.
  • Historically, Debt Ratio has averaged 0.53 across 5 years, with a median of 0.53 in 2023.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio fell 4.93% in 2022, then rose 9.09% in 2023.
  • A 5-year view of Debt Ratio shows it stood at 0.5 in 2022, then advanced by 4.51% to 0.53 in 2023, then decreased by 0.8% to 0.52 in 2024, then increased by 6.43% to 0.56 in 2025, then gained by 1.27% to 0.56 in 2026.
  • The last three Debt Ratio figures came in at 0.56 (Q1 2026), 0.56 (Q4 2025), and 0.55 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 0.04
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 0.38
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 0.31
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 0.20
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 0.32
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 0.56
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 0.13
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 0.33
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 0.24
10 Ingersoll Rand 28.28 Bn 27.07 Bn 792.40 Mn 0.26

Historic Data

Download Data
DateValue
Mar 31, 2026 0.56
Dec 31, 2025 0.56
Sep 30, 2025 0.55
Jun 30, 2025 0.56
Mar 31, 2025 0.53
Dec 31, 2024 0.52
Sep 30, 2024 0.53
Jun 30, 2024 0.54
Mar 31, 2024 0.55
Dec 31, 2023 0.53
Sep 30, 2023 0.52
Jun 30, 2023 0.53
Mar 31, 2023 0.53
Dec 31, 2022 0.50
Sep 30, 2022 0.50
Jun 30, 2022 0.49
Mar 31, 2022 0.48
Dec 31, 2021 0.48
Sep 30, 2021 0.49
Jun 30, 2021 0.49