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
DateValue
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