Illinois Tool Works (ITW) Interest Expenses (2009 - 2026)
Illinois Tool Works (ITW) recorded quarterly Interest Expenses of $73.0 million in Q1 2026, down 2.67% quarter-over-quarter from $75.0 million in Q4 2025, and up 7.35% on a YoY basis from $68.0 million in Q1 2025.
Illinois Tool Works (ITW) Interest Expenses (2009 - 2026) Analysis & Trends
Illinois Tool Works' Interest Expenses history runs 18 years deep, the most recent figure standing at $73.0 million for Q1 2026.
- In Q1 2026, Interest Expenses rose 7.35% year-over-year to $73.0 million; the TTM figure through Mar 2026 stood at $297.0 million (up 6.07% YoY), while the FY2025 annual figure was $292.0 million, up 3.18% from the prior year.
- Interest Expenses was $73.0 million for Q1 2026 at Illinois Tool Works, down from $75.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $75.0 million in Q2 2024 to a low of $47.0 million in Q2 2022.
- Historically, Interest Expenses has averaged $65.7 million across 5 years, with a median of $69.0 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses fell 9.62% in 2022, then soared 46.81% in 2023.
- A 5-year view of Interest Expenses shows it stood at $56.0 million in 2022, then grew by 25.0% to $70.0 million in 2023, then declined by 2.86% to $68.0 million in 2024, then rose by 10.29% to $75.0 million in 2025, then retreated by 2.67% to $73.0 million in 2026.
- The last three Interest Expenses figures came in at $73.0 million (Q1 2026), $75.0 million (Q4 2025), and $75.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | -28.00 Mn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 106.00 Mn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 99.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 76.00 Mn |
| 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 | 73.00 Mn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 20.91 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 36.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 29.52 Mn |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 63.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 73.00 Mn |
| Mar 31, 2026 | 73.00 Mn |
| Dec 31, 2025 | 75.00 Mn |
| Dec 31, 2025 | 75.00 Mn |
| Sep 30, 2025 | 75.00 Mn |
| Sep 30, 2025 | 75.00 Mn |
| Jun 30, 2025 | 74.00 Mn |
| Jun 30, 2025 | 74.00 Mn |
| Mar 31, 2025 | 68.00 Mn |
| Mar 31, 2025 | 68.00 Mn |
| Dec 31, 2024 | 68.00 Mn |
| Dec 31, 2024 | 68.00 Mn |
| Sep 30, 2024 | 69.00 Mn |
| Sep 30, 2024 | 69.00 Mn |
| Jun 30, 2024 | 75.00 Mn |
| Jun 30, 2024 | 75.00 Mn |
| Mar 31, 2024 | 71.00 Mn |
| Mar 31, 2024 | 71.00 Mn |
| Dec 31, 2023 | 70.00 Mn |
| Dec 31, 2023 | 70.00 Mn |