Illinois Tool Works (ITW) Interest Coverage Ratio (2009 - 2026)
Illinois Tool Works (ITW) posted quarterly Interest Coverage Ratio of 13.97 for Q1 2026, little changed year-over-year from 13.99 in Q1 2025, and down 3.42% quarter-over-quarter from 14.47 in Q4 2025.
Illinois Tool Works (ITW) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Illinois Tool Works' Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 13.97 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio changed 0.09% year-over-year to 13.97; the TTM figure through Mar 2026 stood at 14.43 (down 1.18% YoY), while the FY2025 annual figure was 7.88, down 4.64% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 13.97, down from 14.47 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 19.7 in Q2 2022, with the low at 1.54 in Q1 2024.
- The 5-year median for Interest Coverage Ratio is 14.83 (2025), against an average of 14.77.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio plunged 90.18% in 2024, then surged 808.45% in 2025.
- Illinois Tool Works' Interest Coverage Ratio stood at 18.96 in 2022, then decreased by 25.56% to 14.11 in 2023, then advanced by 7.42% to 15.16 in 2024, then slipped by 4.58% to 14.47 in 2025, then slipped by 3.42% to 13.97 in 2026.
- Business Quant data shows ITW's Interest Coverage Ratio at 13.97 in Q1 2026, 14.47 in Q4 2025, and 14.83 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | -8.95 |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 6.93 |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 11.44 |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 15.99 |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 14.52 |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 17.55 |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 14.58 |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 6.01 |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.52 |
| Mar 31, 2026 | 13.97 |
| Dec 31, 2025 | 14.47 |
| Sep 30, 2025 | 14.83 |
| Jun 30, 2025 | 14.43 |
| Mar 31, 2025 | 13.99 |
| Dec 31, 2024 | 15.16 |
| Sep 30, 2024 | 15.25 |
| Jun 30, 2024 | 14.05 |
| Mar 31, 2024 | 1.54 |
| Dec 31, 2023 | 14.11 |
| Sep 30, 2023 | 15.97 |
| Jun 30, 2023 | 14.64 |
| Mar 31, 2023 | 15.68 |
| Dec 31, 2022 | 18.96 |
| Sep 30, 2022 | 18.90 |
| Jun 30, 2022 | 19.70 |
| Mar 31, 2022 | 15.43 |
| Dec 31, 2021 | 43.89 |
| Sep 30, 2021 | 17.24 |