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
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 0.61
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