Illinois Tool Works (ITW) Non-Current Debt (2009 - 2026)
Illinois Tool Works (ITW) reported Non-Current Debt of $6.55 billion for Q2 2026, down 14.9% from $7.7 billion a year earlier and down 0.8% from the prior quarter.
Powered by 
Analysis
Illinois Tool Works (ITW) Non-Current Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Illinois Tool Works posted Non-Current Debt of $6.68 billion, up 5.9% from FY2024.
- Non-Current Debt has a five-year compound annual growth rate of -3.0% (FY2020 to FY2025).
- By year, Non-Current Debt came in at $6.31 billion in FY2024 (-0.5%), $6.34 billion in FY2023 (+2.7%), $6.17 billion in FY2022 (-10.7%) and $6.91 billion in FY2021 (-11.1%).
- The Q2 2026 figure ranks as the lowest quarterly Non-Current Debt since Q4 2024.
- Year over year, Non-Current Debt gained in four of the last eight quarters, with growth averaging 3.8%.
- The high point for year-over-year Non-Current Debt in five years was Q2 2025 (growth of 19.7%); the low point was Q1 2023 (a decline of 19.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $6.6 billion (Q1 2026), $6.68 billion (Q4 2025) and $7.68 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 32.04 Bn |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 17.18 Bn |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 6.10 Bn |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 18.51 Bn |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 6.77 Bn |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 2.94 Bn |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 7.53 Bn |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 10.90 Bn |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 6.55 Bn |
| 10 | Cummins | 71.78 Bn | 68.92 Bn | 2.47 Bn | 6.74 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.55 Bn |
| Mar 31, 2026 | 6.60 Bn |
| Dec 31, 2025 | 6.68 Bn |
| Sep 30, 2025 | 7.68 Bn |
| Jun 30, 2025 | 7.70 Bn |
| Mar 31, 2025 | 7.28 Bn |
| Dec 31, 2024 | 6.31 Bn |
| Sep 30, 2024 | 6.58 Bn |
| Jun 30, 2024 | 6.43 Bn |
| Mar 31, 2024 | 6.26 Bn |
| Dec 31, 2023 | 6.34 Bn |
| Sep 30, 2023 | 6.82 Bn |
| Jun 30, 2023 | 6.95 Bn |
| Mar 31, 2023 | 5.51 Bn |
| Dec 31, 2022 | 6.17 Bn |
| Sep 30, 2022 | 5.94 Bn |
| Jun 30, 2022 | 6.12 Bn |
| Mar 31, 2022 | 6.82 Bn |
| Dec 31, 2021 | 6.91 Bn |
| Sep 30, 2021 | 6.97 Bn |
API Access
Illinois Tool Works Non-Current Debt 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=non-current-debt&ticker=ITW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();