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| Date | Value |
|---|---|
| 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 |