Illinois Tool Works (ITW) Depreciation and Depletion (2009 - 2026)
Illinois Tool Works' Depreciation and Depletion was $82 million in Q2 2026, up 5.1% from $78 million a year earlier and up 1.2% from the prior quarter.
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Analysis
Illinois Tool Works (ITW) Depreciation and Depletion (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Illinois Tool Works' Depreciation and Depletion was $328 million through Jun 30, 2026, up 6.8% year-over-year; for FY2025, it came in at $317 million, up 5.3% from FY2024.
- Depreciation and Depletion has now increased for three consecutive years, with a five-year compound annual growth rate of 3.0% (FY2020 to FY2025).
- In earlier years, Depreciation and Depletion was $301 million in FY2024 (+6.7%), $282 million in FY2023 (+2.2%), $276 million in FY2022 (-0.4%) and $277 million in FY2021 (+1.5%).
- Quarterly Depreciation and Depletion has moved between $67 million (Q4 2022) and $83 million (Q4 2025) over five years.
- Compared with a year earlier, Depreciation and Depletion has increased for 13 straight quarters, with growth averaging 6.4% over the last eight quarters.
- The best year-over-year quarter for Depreciation and Depletion over five years was Q3 2024 (growth of 11.4%); the worst was Q4 2022 (a decline of 5.6%).
- Per Business Quant data, ITW's Depreciation and Depletion in the three quarters before Q2 2026 was $81 million (Q1 2026), $83 million (Q4 2025) and $82 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 379.87 Bn | 351.57 Bn | 7.76 Bn | - |
| 2 | Amphenol | 211.41 Bn | 206.11 Bn | 3.55 Bn | - |
| 3 | Deere | 179.93 Bn | 188.69 Bn | 4.66 Bn | - |
| 4 | Eaton | 169.93 Bn | 167.16 Bn | 2.86 Bn | 134.00 Mn |
| 5 | Parker-Hannifin | 121.78 Bn | 119.91 Bn | 2.25 Bn | 89.00 Mn |
| 6 | Vertiv Holdings | 94.75 Bn | 85.37 Bn | 1.23 Bn | 39.40 Mn |
| 7 | Emerson Electric | 88.42 Bn | 81.17 Bn | 2.66 Bn | 96.00 Mn |
| 8 | 3M | 84.08 Bn | 65.54 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 74.29 Bn | 70.85 Bn | 1.90 Bn | 82.00 Mn |
| 10 | Cummins | 71.19 Bn | 68.32 Bn | 2.47 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82.00 Mn |
| Mar 31, 2026 | 81.00 Mn |
| Dec 31, 2025 | 83.00 Mn |
| Sep 30, 2025 | 82.00 Mn |
| Jun 30, 2025 | 78.00 Mn |
| Mar 31, 2025 | 74.00 Mn |
| Dec 31, 2024 | 77.00 Mn |
| Sep 30, 2024 | 78.00 Mn |
| Jun 30, 2024 | 74.00 Mn |
| Mar 31, 2024 | 72.00 Mn |
| Dec 31, 2023 | 74.00 Mn |
| Sep 30, 2023 | 70.00 Mn |
| Jun 30, 2023 | 70.00 Mn |
| Mar 31, 2023 | 68.00 Mn |
| Dec 31, 2022 | 67.00 Mn |
| Sep 30, 2022 | 69.00 Mn |
| Jun 30, 2022 | 69.00 Mn |
| Mar 31, 2022 | 71.00 Mn |
| Dec 31, 2021 | 71.00 Mn |
| Sep 30, 2021 | 70.00 Mn |
API Access
Illinois Tool Works Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=ITW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "ITW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();