Illinois Tool Works ITW
NYSE ITW
$265.28 +1.29 (+0.49%)
As of: Sep 10, 2026 · 3:59 PM EDT

Illinois Tool Works (ITW) Interest Expenses (2009 - 2026)

Illinois Tool Works (ITW) posted Interest Expenses of $79.0 million for Q2 2026, up 8.22% on a QoQ basis from $73.0 million in Q1 2026, and up 6.76% year-over-year from $74.0 million in Q2 2025.

Analysis

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

Illinois Tool Works has reported Interest Expenses for 18 years, with the latest figure at $79.0 million in Q2 2026.

  • On a quarterly basis, Interest Expenses rose 6.76% year-over-year to $79.0 million in Q2 2026; TTM through Jun 2026 was $302.0 million, a 8.24% increase from a year earlier, with the FY2025 full-year figure at $292.0 million, up 3.18% from the prior year.
  • Interest Expenses was $79.0 million for Q2 2026 at Illinois Tool Works, up from $73.0 million in the prior quarter.
  • The five-year high for Interest Expenses was $79.0 million in Q2 2026, with the low at $47.0 million in Q2 2022.
  • Average Interest Expenses over 5 years is $66.4 million, with a median of $69.0 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: Interest Expenses retreated 9.62% in 2022, then jumped 46.81% in 2023.
  • Over 5 years, Interest Expenses stood at $56.0 million in 2022, then increased by 25.0% to $70.0 million in 2023, then fell by 2.86% to $68.0 million in 2024, then gained by 10.29% to $75.0 million in 2025, then gained by 5.33% to $79.0 million in 2026.
  • The last three Interest Expenses figures came in at $79.0 million (Q2 2026), $73.0 million (Q1 2026), and $75.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 3M 84.63 Bn 81.30 Bn 2.68 Bn -
2 Illinois Tool Works 75.96 Bn 75.12 Bn 1.90 Bn 79.00 Mn
3 Ametek 53.68 Bn 53.19 Bn 735.04 Mn 30.10 Mn
4 Rockwell Automation 46.83 Bn 46.35 Bn 1.14 Bn 33.00 Mn
5 Mettler Toledo International 25.77 Bn 25.72 Bn 650.22 Mn 17.25 Mn
6 Dover 25.23 Bn 23.47 Bn 880.61 Mn 29.06 Mn
7 Nordson 17.11 Bn 17.00 Bn 453.73 Mn 20.82 Mn
8 Fortive 16.56 Bn 16.19 Bn 695.30 Mn 35.40 Mn
9 RBC Bearings 15.05 Bn 14.92 Bn 247.80 Mn 10.10 Mn
10 Regal Rexnord 10.42 Bn 9.97 Bn 611.60 Mn 77.40 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 79.00 Mn
Mar 31, 2026 73.00 Mn
Dec 31, 2025 75.00 Mn
Sep 30, 2025 75.00 Mn
Jun 30, 2025 74.00 Mn
Mar 31, 2025 68.00 Mn
Dec 31, 2024 68.00 Mn
Sep 30, 2024 69.00 Mn
Jun 30, 2024 75.00 Mn
Mar 31, 2024 71.00 Mn
Dec 31, 2023 70.00 Mn
Sep 30, 2023 67.00 Mn
Jun 30, 2023 69.00 Mn
Mar 31, 2023 60.00 Mn
Dec 31, 2022 56.00 Mn
Sep 30, 2022 52.00 Mn
Jun 30, 2022 47.00 Mn
Mar 31, 2022 48.00 Mn
Dec 31, 2021 49.00 Mn
Sep 30, 2021 49.00 Mn