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

Illinois Tool Works' (ITW) quarterly Interest Expenses came in at $73.0 million in Q1 2026, up 7.35% year-on-year from $68.0 million in Q1 2025, and down 2.67% quarter-over-quarter from $75.0 million in Q4 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.

  • On a quarterly basis, Interest Expenses rose 7.35% year-over-year to $73.0 million in Q1 2026; TTM through Mar 2026 was $297.0 million, a 6.45% increase from a year earlier, with the FY2025 full-year figure at $535.0 million, up 3.68% from the prior year.
  • Interest Expenses declined to $73.0 million in Q1 2026 per ITW's latest filing, from $75.0 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $76.0 million in Q1 2024 and bottomed at $33.0 million in Q4 2022.
  • The 5-year median for Interest Expenses is $68.0 million (2025), against an average of $63.8 million.
  • Across the five-year window, Interest Expenses plunged 32.65% in 2022 and surged 52.27% in 2024, its largest moves.
  • Year by year, Interest Expenses stood at $33.0 million in 2022, then surged by 33.33% to $44.0 million in 2023, then jumped by 52.27% to $67.0 million in 2024, then grew by 11.94% to $75.0 million in 2025, then retreated by 2.67% to $73.0 million in 2026.
  • Per Business Quant, the three latest ITW Interest Expenses figures stand at $73.0 million (Q1 2026), $75.0 million (Q4 2025), and $75.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn -73.00 Mn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 106.00 Mn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 529.00 Mn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 638.00 Mn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn -
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 73.00 Mn
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 20.91 Mn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 71.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 63.80 Mn
10 Xylem 29.09 Bn 28.28 Bn 803.00 Mn 11.00 Mn

Historic Data

Download Data
DateValue
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 67.00 Mn
Dec 31, 2024 67.00 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 76.00 Mn
Mar 31, 2024 76.00 Mn
Dec 31, 2023 44.00 Mn
Dec 31, 2023 44.00 Mn