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.

• On a quarterly basis, Deferred Taxes fell 105.88% year-over-year to -$1.0 million in Q1 2026; TTM through Mar 2026 was -$1.0 million, a 100.42% decrease from a year earlier, with the FY2025 full-year figure at $17.0 million, down 90.34% from the prior year.
• Deferred Taxes improved to -$1.0 million in Q1 2026 per ITW's latest filing, from -$22.0 million in the prior quarter.
• Across five years, Deferred Taxes topped out at $212.0 million in Q3 2024 and bottomed 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.
• Biggest YoY gain for Deferred Taxes was 2220.0% in 2024; the steepest drop was 1366.67% in 2024.
• Year by year, Deferred Taxes stood at $78.0 million in 2022, then increased by 19.23% to $93.0 million in 2023, then tumbled by 89.25% to $10.0 million in 2024, then plunged by 320.0% to -$22.0 million in 2025, then surged by 95.45% to -$1.0 million in 2026.
• Per Business Quant, the three latest ITW Deferred Taxes figures stand at -$1.0 million (Q1 2026), -$22.0 million (Q4 2025), and $9.0 million (Q3 2025).