Illinois Tool Works (ITW) Long-Term Deferred Tax (2009 - 2026)
Illinois Tool Works' Long-Term Deferred Tax was $492 million in Q3 2026, down 14.1% from $573 million a year earlier but up 0.6% from the prior quarter.
Illinois Tool Works (ITW) Long-Term Deferred Tax (2009 - 2026) Analysis & Trends
At the end of FY2025, Long-Term Deferred Tax at Illinois Tool Works came in at $519 million, up 40.7% from FY2024.
- Long-Term Deferred Tax shows a five-year compound annual growth rate of -0.5% (FY2020 to FY2025).
- In earlier years, Long-Term Deferred Tax was $369 million in FY2024 (-23.0%), $479 million in FY2023 (-3.0%), $494 million in FY2022 (-10.5%) and $552 million in FY2021 (+3.6%).
- Quarterly Long-Term Deferred Tax has moved between $369 million (Q4 2024) and $573 million (Q3 2025) over five years.
- Compared with a year earlier, Long-Term Deferred Tax was higher in four of the last eight quarters, with growth averaging 6.1%.
- The best year-over-year quarter for Long-Term Deferred Tax over five years was Q4 2025 (growth of 40.7%); the worst was Q4 2024 (a decline of 23.0%).
- Per Business Quant data, ITW's Long-Term Deferred Tax in the three quarters before Q3 2026 was $489 million (Q2 2026), $505 million (Q1 2026) and $519 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn |
| 10 | Tenaris | 64.57 Bn | 36.09 Bn | 1.07 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 492.00 Mn |
| Jun 30, 2026 | 489.00 Mn |
| Mar 31, 2026 | 505.00 Mn |
| Dec 31, 2025 | 519.00 Mn |
| Sep 30, 2025 | 573.00 Mn |
| Jun 30, 2025 | 564.00 Mn |
| Mar 31, 2025 | 440.00 Mn |
| Dec 31, 2024 | 369.00 Mn |
| Sep 30, 2024 | 468.00 Mn |
| Jun 30, 2024 | 448.00 Mn |
| Mar 31, 2024 | 462.00 Mn |
| Dec 31, 2023 | 479.00 Mn |
| Sep 30, 2023 | 455.00 Mn |
| Jun 30, 2023 | 500.00 Mn |
| Mar 31, 2023 | 503.00 Mn |
| Dec 31, 2022 | 494.00 Mn |
| Sep 30, 2022 | 448.00 Mn |
| Jun 30, 2022 | 498.00 Mn |
| Mar 31, 2022 | 546.00 Mn |
| Dec 31, 2021 | 552.00 Mn |
Illinois Tool Works Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=ITW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();