Illinois Tool Works (ITW) Inventory (2009 - 2026)
Illinois Tool Works (ITW) reported Inventory of $1.82 billion for Q3 2026, up 5.7% from $1.73 billion a year earlier and up 3.8% from the prior quarter.
Illinois Tool Works (ITW) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025, Illinois Tool Works posted Inventory of $1.66 billion, up 3.4% from FY2024.
- Inventory has a five-year compound annual growth rate of 6.9% (FY2020 to FY2025).
- By year, Inventory came in at $1.61 billion in FY2024 (-6.0%), $1.71 billion in FY2023 (-16.9%), $2.05 billion in FY2022 (+21.3%) and $1.69 billion in FY2021 (+42.5%).
- The Q3 2026 figure ranks as the highest quarterly Inventory since Q1 2024.
- Year over year, Inventory has now increased in each of the last four quarters, with an average decline of 1.3% over the last eight quarters.
- The high point for year-over-year Inventory in five years was Q1 2022 (growth of 45.7%); the low point was Q4 2023 (a decline of 16.9%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.76 billion (Q2 2026), $1.73 billion (Q1 2026) and $1.66 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 268.42 Bn | 239.73 Bn | 7.35 Bn | 22.21 Bn |
| 2 | Amphenol | 200.18 Bn | 194.88 Bn | 4.02 Bn | 5.26 Bn |
| 3 | Deere | 182.33 Bn | 150.42 Bn | 4.66 Bn | 7.81 Bn |
| 4 | Eaton | 139.45 Bn | 136.39 Bn | 3.11 Bn | 5.94 Bn |
| 5 | Parker-Hannifin | 120.96 Bn | 118.84 Bn | 2.26 Bn | 3.64 Bn |
| 6 | 3M | 97.01 Bn | 78.45 Bn | 2.78 Bn | 4.08 Bn |
| 7 | Emerson Electric | 93.92 Bn | 86.65 Bn | 2.66 Bn | 2.51 Bn |
| 8 | Illinois Tool Works | 80.83 Bn | 77.51 Bn | 1.91 Bn | 1.82 Bn |
| 9 | Vertiv Holdings | 75.75 Bn | 64.60 Bn | 1.64 Bn | 3.29 Bn |
| 10 | TE Connectivity | 63.95 Bn | 59.09 Bn | 1.84 Bn | 3.03 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.82 Bn |
| Jun 30, 2026 | 1.76 Bn |
| Mar 31, 2026 | 1.73 Bn |
| Dec 31, 2025 | 1.66 Bn |
| Sep 30, 2025 | 1.73 Bn |
| Jun 30, 2025 | 1.71 Bn |
| Mar 31, 2025 | 1.66 Bn |
| Dec 31, 2024 | 1.61 Bn |
| Sep 30, 2024 | 1.82 Bn |
| Jun 30, 2024 | 1.82 Bn |
| Mar 31, 2024 | 1.83 Bn |
| Dec 31, 2023 | 1.71 Bn |
| Sep 30, 2023 | 1.80 Bn |
| Jun 30, 2023 | 1.92 Bn |
| Mar 31, 2023 | 2.00 Bn |
| Dec 31, 2022 | 2.05 Bn |
| Sep 30, 2022 | 2.01 Bn |
| Jun 30, 2022 | 1.98 Bn |
| Mar 31, 2022 | 1.88 Bn |
| Dec 31, 2021 | 1.69 Bn |
Illinois Tool Works Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=ITW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "ITW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();