Illinois Tool Works (ITW) Payables (2009 - 2026)
Illinois Tool Works' Payables came in at $1.09 billion for Q2 2026, up 4.1% from $1.05 billion a year earlier and up 2.0% from the prior quarter.
Powered by 
Analysis
Illinois Tool Works (ITW) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Illinois Tool Works' Payables was $987 million, up 2.8% from FY2024.
- Payables carries a five-year compound annual growth rate of 2.2% (FY2020 to FY2025).
- Going back by year, Payables was $960 million in FY2024 (-4.0%), $1 billion in FY2023 (+68.4%), $594 million in FY2022 (-56.4%) and $1.36 billion in FY2021 (+54.2%).
- The Q2 2026 figure represents the highest quarterly Payables since Q3 2022.
- Year-over-year, Payables has increased for six consecutive quarters, with growth averaging 31.4% over the last eight quarters.
- The fastest year-over-year change in Payables over five years came in Q3 2022 (growth of 101.6%), and the weakest in Q3 2023 (a decline of 74.8%).
- Business Quant data shows ITW's Payables at $1.07 billion (Q1 2026), $987 million (Q4 2025) and $1.08 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 16.11 Bn |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 4.32 Bn |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 14.11 Bn |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 7.51 Bn |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 2.44 Bn |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 2.47 Bn |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 1.61 Bn |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 3.11 Bn |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 1.09 Bn |
| 10 | Cummins | 71.78 Bn | 68.92 Bn | 2.47 Bn | 5.11 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.09 Bn |
| Mar 31, 2026 | 1.07 Bn |
| Dec 31, 2025 | 987.00 Mn |
| Sep 30, 2025 | 1.08 Bn |
| Jun 30, 2025 | 1.05 Bn |
| Mar 31, 2025 | 1.03 Bn |
| Dec 31, 2024 | 960.00 Mn |
| Sep 30, 2024 | 556.00 Mn |
| Jun 30, 2024 | 576.00 Mn |
| Mar 31, 2024 | 597.00 Mn |
| Dec 31, 2023 | 1.00 Bn |
| Sep 30, 2023 | 580.00 Mn |
| Jun 30, 2023 | 590.00 Mn |
| Mar 31, 2023 | 599.00 Mn |
| Dec 31, 2022 | 594.00 Mn |
| Sep 30, 2022 | 2.31 Bn |
| Jun 30, 2022 | 2.20 Bn |
| Mar 31, 2022 | 1.74 Bn |
| Dec 31, 2021 | 1.36 Bn |
| Sep 30, 2021 | 1.14 Bn |
API Access
Illinois Tool Works Payables 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=payables&ticker=ITW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();