Illinois Tool Works (ITW) Debt to Equity (2009 - 2026)
Illinois Tool Works (ITW) recorded quarterly Debt to Equity of $2.83 in Q1 2026, up 1.87% quarter-over-quarter from $2.78 in Q4 2025, and up 11.12% on a YoY basis from $2.55 in Q1 2025.
Illinois Tool Works (ITW) Debt to Equity (2009 - 2026) Analysis & Trends
Illinois Tool Works' Debt to Equity history runs 18 years deep, the most recent figure standing at $2.83 for Q1 2026.
- In Q1 2026, Debt to Equity rose 11.12% year-over-year to $2.83; the TTM figure through Mar 2026 stood at $2.83 (up 11.12% YoY), while the FY2025 annual figure was $2.78, up 17.28% from the prior year.
- Debt to Equity was $2.83 for Q1 2026 at Illinois Tool Works, up from $2.78 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $2.86 in Q2 2024 to a low of $2.19 in Q1 2022.
- Historically, Debt to Equity has averaged $2.61 across 5 years, with a median of $2.69 in 2023.
- The sharpest annual moves came in 2023 and 2024: Debt to Equity gained 23.18% in 2023, then fell 12.51% in 2024.
- A 5-year view of Debt to Equity shows it stood at $2.51 in 2022, then climbed by 7.82% to $2.71 in 2023, then fell by 12.51% to $2.37 in 2024, then gained by 17.28% to $2.78 in 2025, then climbed by 1.87% to $2.83 in 2026.
- The last three Debt to Equity figures came in at $2.83 (Q1 2026), $2.78 (Q4 2025), and $2.79 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 0.19 |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 1.07 |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 0.66 |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 0.51 |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 0.66 |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 2.83 |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 0.20 |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 1.03 |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 0.44 |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 0.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.83 |
| Dec 31, 2025 | 2.78 |
| Sep 30, 2025 | 2.79 |
| Jun 30, 2025 | 2.78 |
| Mar 31, 2025 | 2.55 |
| Dec 31, 2024 | 2.37 |
| Sep 30, 2024 | 2.46 |
| Jun 30, 2024 | 2.86 |
| Mar 31, 2024 | 2.76 |
| Dec 31, 2023 | 2.71 |
| Sep 30, 2023 | 2.69 |
| Jun 30, 2023 | 2.66 |
| Mar 31, 2023 | 2.70 |
| Dec 31, 2022 | 2.51 |
| Sep 30, 2022 | 2.53 |
| Jun 30, 2022 | 2.26 |
| Mar 31, 2022 | 2.19 |
| Dec 31, 2021 | 2.12 |
| Sep 30, 2021 | 2.16 |
| Jun 30, 2021 | 2.17 |