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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |