Illinois Tool Works (ITW) Deferred Taxes (2009 - 2026)
Illinois Tool Works (ITW) posted quarterly Deferred Taxes of -$1.0 million for Q1 2026, down 105.88% year-over-year from $17.0 million in Q1 2025, and up 95.45% quarter-over-quarter from -$22.0 million in Q4 2025.
Illinois Tool Works (ITW) Deferred Taxes (2009 - 2026) Analysis & Trends
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 for Q1 2026 stood at -$1.0 million, up from -$22.0 million in the prior quarter.
- The five-year high for Deferred Taxes was $212.0 million in Q3 2024, with the low at -$44.0 million in Q1 2024.
- The 5-year median for Deferred Taxes is $10.0 million (2024), against an average of $25.3 million.
- Peak annual rise in Deferred Taxes reached 2220.0% in 2024, while the deepest fall reached 1366.67% in 2024.
- Illinois Tool Works' Deferred Taxes stood at $78.0 million in 2022, then grew by 19.23% to $93.0 million in 2023, then plunged by 89.25% to $10.0 million in 2024, then sank by 320.0% to -$22.0 million in 2025, then jumped by 95.45% to -$1.0 million in 2026.
- Business Quant data shows ITW's Deferred Taxes at -$1.0 million in Q1 2026, -$22.0 million in Q4 2025, and $9.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | - |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | -98.00 Mn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 2.00 Mn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 27.00 Mn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | -6.00 Mn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | -24.42 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | - |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | - |
| 10 | Otis Worldwide | 27.38 Bn | 26.57 Bn | 1.14 Bn | -42.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -6.00 Mn |
| Mar 31, 2026 | -1.00 Mn |
| Dec 31, 2025 | -22.00 Mn |
| Sep 30, 2025 | 9.00 Mn |
| Jun 30, 2025 | 13.00 Mn |
| Mar 31, 2025 | 17.00 Mn |
| Dec 31, 2024 | 10.00 Mn |
| Sep 30, 2024 | 212.00 Mn |
| Jun 30, 2024 | -2.00 Mn |
| Mar 31, 2024 | -44.00 Mn |
| Dec 31, 2023 | 93.00 Mn |
| Sep 30, 2023 | -10.00 Mn |
| Jun 30, 2023 | 8.00 Mn |
| Mar 31, 2023 | -3.00 Mn |
| Dec 31, 2022 | 78.00 Mn |
| Sep 30, 2022 | 12.00 Mn |
| Jun 30, 2022 | 23.00 Mn |
| Mar 31, 2022 | 37.00 Mn |
| Dec 31, 2021 | 69.00 Mn |
| Sep 30, 2021 | -8.00 Mn |