Illinois Tool Works (ITW) FCF Margin (2009 - 2026)

Illinois Tool Works' (ITW) quarterly FCF Margin came in at 13.15% in Q1 2026, up 23.0% year-on-year from 10.69% in Q1 2025, and down 37.28% quarter-over-quarter from 20.96% in Q4 2025.

Illinois Tool Works (ITW) FCF Margin (2009 - 2026) Analysis & Trends

Illinois Tool Works' FCF Margin history runs 18 years deep, the most recent figure standing at 13.15% for Q1 2026.

  • On a quarterly basis, FCF Margin rose 23.0% year-over-year to 13.15% in Q1 2026; TTM through Mar 2026 was 16.89%, a 117.0% decrease from a year earlier, with the FY2025 full-year figure at 16.87%, down 102.0% from the prior year.
  • FCF Margin fell to 13.15% in Q1 2026 per ITW's latest filing, from 20.96% in the prior quarter.
  • Across five years, FCF Margin topped out at 25.33% in Q4 2024 and bottomed at 6.32% in Q1 2022.
  • The 5-year median for FCF Margin is 15.3% (2023), against an average of 16.31%.
  • Across the five-year window, FCF Margin sank 894 bps in 2022 and surged 898 bps in 2023, its largest moves.
  • Year by year, FCF Margin stood at 16.49% in 2022, then jumped by 38 bps to 22.8% in 2023, then gained by 11 bps to 25.33% in 2024, then fell by 17 bps to 20.96% in 2025, then sank by 37 bps to 13.15% in 2026.
  • Per Business Quant, the three latest ITW FCF Margin figures stand at 13.15% (Q1 2026), 20.96% (Q4 2025), and 22.27% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 45.98%
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 4.21%
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 17.75%
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 1.43%
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 15.21%
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 13.15%
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 22.09%
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 12.24%
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 8.85%
10 Xylem 29.09 Bn 28.28 Bn 803.00 Mn 0.85%

Historic Data

Download Data
DateValue
Mar 31, 2026 13.15%
Dec 31, 2025 20.96%
Sep 30, 2025 22.27%
Jun 30, 2025 11.08%
Mar 31, 2025 12.92%
Dec 31, 2024 25.33%
Sep 30, 2024 19.74%
Jun 30, 2024 14.18%
Mar 31, 2024 12.43%
Dec 31, 2023 22.80%
Sep 30, 2023 21.24%
Jun 30, 2023 17.30%
Mar 31, 2023 15.30%
Dec 31, 2022 16.49%
Sep 30, 2022 15.26%
Jun 30, 2022 10.47%
Mar 31, 2022 6.32%
Dec 31, 2021 18.89%
Sep 30, 2021 15.41%
Jun 30, 2021 12.98%