Illinois Tool Works (ITW) Interest Coverage Ratio (2009 - 2026)

Illinois Tool Works' (ITW) quarterly Interest Coverage Ratio came in at 13.97 in Q1 2026, little changed year-on-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.

  • On a quarterly basis, Interest Coverage Ratio changed 0.09% year-over-year to 13.97 in Q1 2026; TTM through Mar 2026 was 14.43, a 1.53% decrease from a year earlier, with the FY2025 full-year figure at 7.88, down 4.64% from the prior year.
  • Interest Coverage Ratio eased to 13.97 in Q1 2026 per ITW's latest filing, from 14.47 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 29.88 in Q4 2022 and bottomed at 1.54 in Q1 2024.
  • The 5-year median for Interest Coverage Ratio is 15.25 (2024), against an average of 15.92.
  • Across the five-year window, Interest Coverage Ratio sank 90.18% in 2024 and surged 808.45% in 2025, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 29.88 in 2022, then slipped by 24.85% to 22.45 in 2023, then tumbled by 31.47% to 15.39 in 2024, then retreated by 5.99% to 14.47 in 2025, then dropped by 3.42% to 13.97 in 2026.
  • Per Business Quant, the three latest ITW Interest Coverage Ratio figures stand at 13.97 (Q1 2026), 14.47 (Q4 2025), and 14.83 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn -8.95
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 11.06
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 2.14
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 1.49
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn -
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 13.97
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 24.63
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 6.58
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 4.54
10 Xylem 29.09 Bn 28.28 Bn 803.00 Mn 22.18

Historic Data

Download Data
DateValue
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 15.39
Sep 30, 2024 15.25
Jun 30, 2024 14.05
Mar 31, 2024 1.54
Dec 31, 2023 22.45
Sep 30, 2023 15.97
Jun 30, 2023 14.64
Mar 31, 2023 15.68
Dec 31, 2022 29.88
Sep 30, 2022 18.90
Jun 30, 2022 19.70
Mar 31, 2022 15.43
Dec 31, 2021 17.02
Sep 30, 2021 17.24
Jun 30, 2021 17.17