Illinois Tool Works ITW
NYSE ITW
$263.39 -0.60 (-0.23%)
As of: Sep 10, 2026 · 2:25 PM EDT

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

Illinois Tool Works (ITW) posted Interest Coverage Ratio of 14.52 for Q2 2026, up 3.91% on a QoQ basis from 13.97 in Q1 2026, and up 0.6% year-over-year from 14.43 in Q2 2025.

Analysis

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

Illinois Tool Works has reported Interest Coverage Ratio for 18 years, with the latest figure at 14.52 in Q2 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 0.6% year-over-year to 14.52 in Q2 2026; TTM through Jun 2026 was 14.45, a 1.72% decrease from a year earlier, with the FY2025 full-year figure at 14.44, down 4.17% from the prior year.
  • Interest Coverage Ratio was 14.52 for Q2 2026 at Illinois Tool Works, up from 13.97 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 19.7 in Q2 2022, with the low at 13.97 in Q1 2026.
  • Average Interest Coverage Ratio over 5 years is 15.68, with a median of 14.99 recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio rose 14.73% in 2022, then slipped 25.71% in 2023.
  • Over 5 years, Interest Coverage Ratio stood at 17.61 in 2022, then dropped by 19.84% to 14.11 in 2023, then grew by 7.42% to 15.16 in 2024, then declined by 4.58% to 14.47 in 2025, then gained by 0.36% to 14.52 in 2026.
  • The last three Interest Coverage Ratio figures came in at 14.52 (Q2 2026), 13.97 (Q1 2026), and 14.47 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 3M 84.31 Bn 80.98 Bn 2.68 Bn -
2 Illinois Tool Works 75.33 Bn 74.49 Bn 1.90 Bn 14.52
3 Ametek 53.48 Bn 52.98 Bn 735.04 Mn 17.55
4 Rockwell Automation 46.61 Bn 46.13 Bn 1.14 Bn 14.58
5 Mettler Toledo International 25.72 Bn 25.67 Bn 650.22 Mn 19.04
6 Dover 25.19 Bn 23.44 Bn 880.61 Mn 13.48
7 Nordson 17.13 Bn 17.02 Bn 453.73 Mn 10.71
8 Fortive 16.52 Bn 16.14 Bn 695.30 Mn 5.93
9 RBC Bearings 14.97 Bn 14.84 Bn 247.80 Mn 13.94
10 Regal Rexnord 10.42 Bn 9.98 Bn 611.60 Mn 2.78
Historic Data

Historic Data

Download Data
DateValue
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 15.87
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