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

Illinois Tool Works has reported Deferred Taxes for 18 years, with the latest figure at -$6.0 million in Q2 2026.

• On a quarterly basis, Deferred Taxes fell 146.15% year-over-year to -$6.0 million in Q2 2026; TTM through Jun 2026 was -$20.0 million, a 107.94% decrease from a year earlier, with the FY2025 full-year figure at $17.0 million, down 90.34% from the prior year.
• Deferred Taxes was -$6.0 million for Q2 2026 at Illinois Tool Works, down from -$1.0 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.
• Average Deferred Taxes over 5 years is $23.6 million, with a median of $9.5 million recorded in 2024.
• The largest YoY upside for Deferred Taxes was 2220.0% in 2024 against a maximum downside of 1366.67% in 2024.
• Over 5 years, Deferred Taxes stood at $78.0 million in 2022, then rose 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 surged by 72.73% to -$6.0 million in 2026.
• The last three Deferred Taxes figures came in at -$6.0 million (Q2 2026), -$1.0 million (Q1 2026), and -$22.0 million (Q4 2025), per Business Quant data.