Illinois Tool Works (ITW) Non-Current Deferred Tax Liability (2009 - 2026)
Illinois Tool Works (ITW) posted Non-Current Deferred Tax Liability of $162 million for Q2 2026, up 12.5% from $144 million a year earlier and up 2.5% from the prior quarter.
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Analysis
Illinois Tool Works (ITW) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends
At the end of FY2025, Illinois Tool Works' Non-Current Deferred Tax Liability came in at $154 million, up 29.4% from FY2024.
- Annual Non-Current Deferred Tax Liability shows a five-year compound annual growth rate of -23.5% (FY2020 to FY2025).
- In prior years, Illinois Tool Works' Non-Current Deferred Tax Liability was $119 million in FY2024 (-63.5%), $326 million in FY2023 (-32.6%), $484 million in FY2022 (-26.0%) and $654 million in FY2021 (+11.2%).
- The Q2 2026 figure stands as the highest quarterly Non-Current Deferred Tax Liability since Q2 2024.
- On a year-over-year basis, Non-Current Deferred Tax Liability has increased in each of the last four quarters, with an average decline of 22.8% over the last eight quarters.
- The strongest year-over-year quarter for Non-Current Deferred Tax Liability in the past five years was Q4 2025, with growth of 29.4%; the weakest was Q3 2024, with a decline of 72.2%.
- According to Business Quant data, Non-Current Deferred Tax Liability for the three prior quarters was $158 million (Q1 2026), $154 million (Q4 2025) and $149 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 | 162.00 Mn |
| Mar 31, 2026 | 158.00 Mn |
| Dec 31, 2025 | 154.00 Mn |
| Sep 30, 2025 | 149.00 Mn |
| Jun 30, 2025 | 144.00 Mn |
| Mar 31, 2025 | 127.00 Mn |
| Dec 31, 2024 | 119.00 Mn |
| Sep 30, 2024 | 129.00 Mn |
| Jun 30, 2024 | 381.00 Mn |
| Mar 31, 2024 | 380.00 Mn |
| Dec 31, 2023 | 326.00 Mn |
| Sep 30, 2023 | 464.00 Mn |
| Jun 30, 2023 | 451.00 Mn |
| Mar 31, 2023 | 477.00 Mn |
| Dec 31, 2022 | 484.00 Mn |
| Sep 30, 2022 | 655.00 Mn |
| Jun 30, 2022 | 632.00 Mn |
| Mar 31, 2022 | 627.00 Mn |
| Dec 31, 2021 | 654.00 Mn |
| Sep 30, 2021 | 633.00 Mn |
API Access
Illinois Tool Works Non-Current Deferred Tax Liability 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-deferred-tax-liability&ticker=ITW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "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-deferred-tax-liability&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();