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

Illinois Tool Works (ITW) recorded quarterly Interest Coverage Ratio of 13.97 in Q1 2026, down 3.42% quarter-over-quarter from 14.47 in Q4 2025, and little changed on a YoY basis from 13.99 in Q1 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 14.44, down 4.17% from the prior year.
  • Interest Coverage Ratio was 13.97 for Q1 2026 at Illinois Tool Works, down from 14.47 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 19.7 in Q2 2022 to a low of 1.65 in Q1 2024.
  • Historically, Interest Coverage Ratio has averaged 14.92 across 5 years, with a median of 14.83 in 2025.
  • The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio slumped 89.83% in 2024, then jumped 748.68% in 2025.
  • A 5-year view of Interest Coverage Ratio shows it stood at 17.61 in 2022, then slipped by 19.84% to 14.11 in 2023, then climbed by 7.42% to 15.16 in 2024, then dropped by 4.58% to 14.47 in 2025, then dropped by 3.42% to 13.97 in 2026.
  • The last three Interest Coverage Ratio figures came in at 13.97 (Q1 2026), 14.47 (Q4 2025), and 14.83 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn -6.39
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 11.06
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 11.44
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 12.49
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn -
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 13.97
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 24.63
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 12.97
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 10.36
10 Ingersoll Rand 28.28 Bn 27.07 Bn 792.40 Mn 4.54

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 15.16
Sep 30, 2024 15.25
Jun 30, 2024 14.05
Mar 31, 2024 1.65
Dec 31, 2023 14.11
Sep 30, 2023 15.97
Jun 30, 2023 14.64
Mar 31, 2023 16.20
Dec 31, 2022 17.61
Sep 30, 2022 18.90
Jun 30, 2022 19.70
Mar 31, 2022 18.65
Dec 31, 2021 17.02
Sep 30, 2021 17.24
Jun 30, 2021 17.17