Illinois Tool Works (ITW) Goodwill (2009 - 2026)
Illinois Tool Works (ITW) posted Goodwill of $5.07 billion for Q2 2026, up 0.7% from $5.04 billion a year earlier but down 0.2% from the prior quarter.
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Analysis
Illinois Tool Works (ITW) Goodwill (2009 - 2026) Analysis & Trends
At the end of FY2025, Illinois Tool Works' Goodwill came in at $5.1 billion, up 5.4% from FY2024.
- Annual Goodwill shows a five-year compound annual growth rate of 1.7% (FY2020 to FY2025).
- In prior years, Illinois Tool Works' Goodwill was $4.84 billion in FY2024 (-1.4%), $4.91 billion in FY2023 (+0.9%), $4.86 billion in FY2022 (-2.0%) and $4.97 billion in FY2021 (+5.9%).
- Quarterly Goodwill has run from a low of $4.61 billion in Q3 2021 to a high of $5.1 billion in Q4 2025 over five years.
- On a year-over-year basis, Goodwill has increased in each of the last five quarters, with growth averaging 1.9% over the last eight quarters.
- The strongest year-over-year quarter for Goodwill in the past five years was Q1 2022, with growth of 8.1%; the weakest was Q1 2023, with a decline of 2.5%.
- According to Business Quant data, Goodwill for the three prior quarters was $5.08 billion (Q1 2026), $5.1 billion (Q4 2025) and $5.03 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn |
| 10 | Cummins | 71.32 Bn | 68.45 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.07 Bn |
| Mar 31, 2026 | 5.08 Bn |
| Dec 31, 2025 | 5.10 Bn |
| Sep 30, 2025 | 5.03 Bn |
| Jun 30, 2025 | 5.04 Bn |
| Mar 31, 2025 | 4.90 Bn |
| Dec 31, 2024 | 4.84 Bn |
| Sep 30, 2024 | 4.98 Bn |
| Jun 30, 2024 | 4.91 Bn |
| Mar 31, 2024 | 4.90 Bn |
| Dec 31, 2023 | 4.91 Bn |
| Sep 30, 2023 | 4.83 Bn |
| Jun 30, 2023 | 4.89 Bn |
| Mar 31, 2023 | 4.88 Bn |
| Dec 31, 2022 | 4.86 Bn |
| Sep 30, 2022 | 4.76 Bn |
| Jun 30, 2022 | 4.87 Bn |
| Mar 31, 2022 | 5.01 Bn |
| Dec 31, 2021 | 4.97 Bn |
| Sep 30, 2021 | 4.61 Bn |
API Access
Illinois Tool Works Goodwill 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=goodwill&ticker=ITW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();