Illinois Tool Works (ITW) Property, Plant & Equipment (Net) (2009 - 2026)
Illinois Tool Works' Property, Plant & Equipment (Net) came in at $2.25 billion for Q3 2026, up 2.3% from $2.2 billion a year earlier and up 0.9% from the prior quarter.
Illinois Tool Works (ITW) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Illinois Tool Works' Property, Plant & Equipment (Net) was $2.23 billion, up 9.5% from FY2024.
- Property, Plant & Equipment (Net) has increased in each of the last six years, with a five-year compound annual growth rate of 4.6% (FY2020 to FY2025).
- Going back by year, Property, Plant & Equipment (Net) was $2.04 billion in FY2024 (+3.0%), $1.98 billion in FY2023 (+6.9%), $1.85 billion in FY2022 (+2.2%) and $1.81 billion in FY2021 (+1.8%).
- The Q3 2026 figure represents the highest quarterly Property, Plant & Equipment (Net) in data going back to Q2 2009.
- Year-over-year, Property, Plant & Equipment (Net) has increased for 16 consecutive quarters, with growth averaging 5.6% over the last eight quarters.
- The fastest year-over-year change in Property, Plant & Equipment (Net) over five years came in Q3 2023 (growth of 11.7%), and the weakest in Q3 2022 (a decline of 2.2%).
- Business Quant data shows ITW's Property, Plant & Equipment (Net) at $2.24 billion (Q2 2026), $2.23 billion (Q1 2026) and $2.23 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 271.69 Bn | 242.99 Bn | 7.35 Bn | 16.01 Bn |
| 2 | Amphenol | 188.84 Bn | 183.54 Bn | 4.02 Bn | 3.24 Bn |
| 3 | Deere | 181.31 Bn | 149.40 Bn | 4.66 Bn | 8.01 Bn |
| 4 | Eaton | 135.80 Bn | 132.74 Bn | 3.11 Bn | 4.82 Bn |
| 5 | Parker-Hannifin | 119.88 Bn | 117.76 Bn | 2.26 Bn | 3.43 Bn |
| 6 | 3M | 96.07 Bn | 77.51 Bn | 2.78 Bn | 6.97 Bn |
| 7 | Emerson Electric | 92.37 Bn | 84.85 Bn | 2.74 Bn | 2.86 Bn |
| 8 | Illinois Tool Works | 82.08 Bn | 78.75 Bn | 1.91 Bn | 2.25 Bn |
| 9 | Vertiv Holdings | 76.10 Bn | 64.95 Bn | 1.64 Bn | 1.32 Bn |
| 10 | Tenaris | 64.51 Bn | 35.76 Bn | 1.07 Bn | 6.10 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.25 Bn |
| Jun 30, 2026 | 2.24 Bn |
| Mar 31, 2026 | 2.23 Bn |
| Dec 31, 2025 | 2.23 Bn |
| Sep 30, 2025 | 2.20 Bn |
| Jun 30, 2025 | 2.18 Bn |
| Mar 31, 2025 | 2.09 Bn |
| Dec 31, 2024 | 2.04 Bn |
| Sep 30, 2024 | 2.07 Bn |
| Jun 30, 2024 | 2.01 Bn |
| Mar 31, 2024 | 1.97 Bn |
| Dec 31, 2023 | 1.98 Bn |
| Sep 30, 2023 | 1.90 Bn |
| Jun 30, 2023 | 1.90 Bn |
| Mar 31, 2023 | 1.89 Bn |
| Dec 31, 2022 | 1.85 Bn |
| Sep 30, 2022 | 1.71 Bn |
| Jun 30, 2022 | 1.74 Bn |
| Mar 31, 2022 | 1.80 Bn |
| Dec 31, 2021 | 1.81 Bn |
Illinois Tool Works Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=ITW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();