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
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 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