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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Illinois Tool Works (ITW) Debt to Equity (2016 - 2026)

Illinois Tool Works has reported Debt to Equity over the past 17 years, most recently at $2.78 for Q4 2025.

  • For Q4 2025, Debt to Equity rose 17.28% year-over-year to $2.78; the TTM value through Dec 2025 reached $2.78, up 17.28%, while the annual FY2025 figure was $2.78, 17.28% up from the prior year.
  • Debt to Equity for Q4 2025 was $2.78 at Illinois Tool Works, roughly flat from $2.79 in the prior quarter.
  • Over five years, Debt to Equity peaked at $2.86 in Q2 2024 and troughed at $2.12 in Q4 2021.
  • A 5-year average of $2.52 and a median of $2.54 in 2022 define the central range for Debt to Equity.
  • Biggest five-year swings in Debt to Equity: plummeted 34.07% in 2021 and later grew 23.18% in 2023.
  • Year by year, Debt to Equity stood at $2.12 in 2021, then grew by 18.54% to $2.51 in 2022, then increased by 7.82% to $2.71 in 2023, then decreased by 12.51% to $2.37 in 2024, then rose by 17.28% to $2.78 in 2025.
  • Business Quant data shows Debt to Equity for ITW at $2.78 in Q4 2025, $2.79 in Q3 2025, and $2.78 in Q2 2025.