Illinois Tool Works (ITW) Deferred Taxes (2009 - 2026)

Illinois Tool Works' Deferred Taxes history runs 18 years deep, the most recent figure standing at -$1.0 million for Q1 2026.

• In Q1 2026, Deferred Taxes fell 105.88% year-over-year to -$1.0 million; the TTM figure through Mar 2026 stood at -$1.0 million (down 100.42% YoY), while the FY2025 annual figure was $17.0 million, down 90.34% from the prior year.
• Deferred Taxes was -$1.0 million for Q1 2026 at Illinois Tool Works, up from -$22.0 million in the prior quarter.
• In the past five years, Deferred Taxes ranged from a high of $212.0 million in Q3 2024 to a low of -$44.0 million in Q1 2024.
• Historically, Deferred Taxes has averaged $25.3 million across 5 years, with a median of $10.0 million in 2024.
• Biggest YoY gain for Deferred Taxes was 2220.0% in 2024; the steepest drop was 1366.67% in 2024.
• A 5-year view of Deferred Taxes shows it stood at $78.0 million in 2022, then increased by 19.23% to $93.0 million in 2023, then sank by 89.25% to $10.0 million in 2024, then slumped by 320.0% to -$22.0 million in 2025, then surged by 95.45% to -$1.0 million in 2026.
• The last three Deferred Taxes figures came in at -$1.0 million (Q1 2026), -$22.0 million (Q4 2025), and $9.0 million (Q3 2025), per Business Quant data.