Illinois Tool Works (ITW) Interest Expenses (2009 - 2026)
Illinois Tool Works (ITW) posted quarterly Interest Expenses of $73.0 million for Q1 2026, up 7.35% year-over-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.
- 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 $535.0 million, up 3.68% from the prior year.
- Interest Expenses for Q1 2026 stood at $73.0 million, down from $75.0 million in the prior quarter.
- The five-year high for Interest Expenses was $76.0 million in Q1 2024, with the low at $47.0 million in Q2 2022.
- The 5-year median for Interest Expenses is $69.0 million (2023), against an average of $66.5 million.
- The sharpest annual moves came in 2022 and 2025: Interest Expenses jumped 173.68% in 2022, then declined 10.53% in 2025.
- Illinois Tool Works' Interest Expenses stood at $52.0 million in 2022, then jumped by 34.62% to $70.0 million in 2023, then dropped by 2.86% to $68.0 million in 2024, then increased by 10.29% to $75.0 million in 2025, then fell by 2.67% to $73.0 million in 2026.
- Business Quant data shows ITW's Interest Expenses at $73.0 million in Q1 2026, $75.0 million in Q4 2025, and $75.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | -73.00 Mn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 201.00 Mn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 99.00 Mn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 80.00 Mn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 79.00 Mn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 30.10 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 33.00 Mn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 63.30 Mn |
| 10 | Otis Worldwide | 27.38 Bn | 26.57 Bn | 1.14 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 79.00 Mn |
| Jun 30, 2026 | 79.00 Mn |
| 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 | 76.00 Mn |
| Mar 31, 2024 | 76.00 Mn |