Illinois Tool Works (ITW) Inventory (2009 - 2026)
Illinois Tool Works (ITW) reported Inventory of $1.76 billion for Q2 2026, up 2.7% from $1.71 billion a year earlier and up 1.7% 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 Q2 2026 figure ranks as the highest quarterly Inventory since Q3 2024.
- Year over year, Inventory has now increased in each of the last three quarters, with an average decline of 1.9% 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 Q2 2026 came in at $1.73 billion (Q1 2026), $1.66 billion (Q4 2025) and $1.73 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 20.63 Bn |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 4.55 Bn |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 7.81 Bn |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 5.42 Bn |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 3.17 Bn |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 2.52 Bn |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 2.51 Bn |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 3.77 Bn |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 1.76 Bn |
| 10 | Cummins | 71.78 Bn | 68.92 Bn | 2.47 Bn | 6.40 Bn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 1.52 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();