Illinois Tool Works (ITW) Debt Ratio (2009 - 2026)
Illinois Tool Works' (ITW) quarterly Debt Ratio came in at 0.56 in Q1 2026, up 5.29% year-on-year from 0.53 in Q1 2025, and up 1.27% quarter-over-quarter from 0.56 in Q4 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.
- On a quarterly basis, Debt Ratio rose 5.29% year-over-year to 0.56 in Q1 2026; TTM through Mar 2026 was 0.56, a 5.29% increase from a year earlier, with the FY2025 full-year figure at 0.56, up 6.43% from the prior year.
- Debt Ratio grew to 0.56 in Q1 2026 per ITW's latest filing, from 0.56 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.61 in Q4 2023 and bottomed at 0.48 in Q1 2022.
- The 5-year median for Debt Ratio is 0.53 (2024), against an average of 0.53.
- Across the five-year window, Debt Ratio gained 21.94% in 2023 and retreated 14.98% in 2024, its largest moves.
- Year by year, Debt Ratio stood at 0.5 in 2022, then advanced by 21.94% to 0.61 in 2023, then slipped by 14.98% 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.
- Per Business Quant, the three latest ITW Debt Ratio figures stand at 0.56 (Q1 2026), 0.56 (Q4 2025), and 0.55 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 0.03 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 0.38 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 0.31 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 0.20 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 0.32 |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 0.56 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 0.13 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 0.33 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 0.26 |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 0.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 0.61 |
| 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 | 0.51 |
| Sep 30, 2021 | 0.49 |
| Jun 30, 2021 | 0.49 |