Illinois Tool Works (ITW) Long-Term Deferred Tax (2009 - 2026)
Illinois Tool Works' Long-Term Deferred Tax was $489 million in Q2 2026, down 13.3% from $564 million a year earlier and down 3.2% from the prior quarter.
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Analysis
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%).
- The Q2 2026 figure marks the lowest quarterly Long-Term Deferred Tax since Q1 2025.
- Compared with a year earlier, Long-Term Deferred Tax was higher in five of the last eight quarters, with growth averaging 8.2%.
- 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 Q2 2026 was $505 million (Q1 2026), $519 million (Q4 2025) and $573 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn |
| 10 | Cummins | 71.14 Bn | 68.27 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 580.00 Mn |
API Access
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_KEYimport 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();