Illinois Tool Works (ITW) Return on Assets [ROA] (2009 - 2026)
Illinois Tool Works' Return on Assets [ROA] came in at 19.50% for Q2 2026, down 1.85 percentage points from 21.35% a year earlier but up 0.16 percentage points from the prior quarter.
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Analysis
Illinois Tool Works (ITW) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Illinois Tool Works' Return on Assets [ROA] was 19.64%, down 3.16 percentage points from FY2024.
- Return on Assets [ROA] carries a five-year change of +5.90 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was 22.81% in FY2024 (+3.69 pp), 19.11% in FY2023 (-0.15 pp), 19.26% in FY2022 (+2.26 pp) and 17.00% in FY2021 (+3.25 pp).
- The five-year range for quarterly Return on Assets [ROA] is 16.57% (Q2 2022) to 22.58% (Q4 2024).
- Year-over-year, Return on Assets [ROA] has declined for four consecutive quarters, with an average year-over-year change of -0.35 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q4 2024 (a gain of 3.45 percentage points), and the weakest in Q4 2025 (a drop of 3.59 percentage points).
- Business Quant data shows ITW's Return on Assets [ROA] at 19.34% (Q1 2026), 18.99% (Q4 2025) and 18.80% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 11.29% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 13.04% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 4.54% |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 6.87% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 10.23% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 9.76% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 6.41% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 19.57% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 12.31% |
| 10 | Tenaris | 64.57 Bn | 36.09 Bn | 1.07 Bn | 9.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.57% |
| Jun 30, 2026 | 19.50% |
| Mar 31, 2026 | 19.34% |
| Dec 31, 2025 | 18.99% |
| Sep 30, 2025 | 18.80% |
| Jun 30, 2025 | 21.35% |
| Mar 31, 2025 | 22.07% |
| Dec 31, 2024 | 22.58% |
| Sep 30, 2024 | 22.01% |
| Jun 30, 2024 | 20.02% |
| Mar 31, 2024 | 20.02% |
| Dec 31, 2023 | 19.13% |
| Sep 30, 2023 | 20.27% |
| Jun 30, 2023 | 19.65% |
| Mar 31, 2023 | 19.69% |
| Dec 31, 2022 | 19.80% |
| Sep 30, 2022 | 17.71% |
| Jun 30, 2022 | 16.57% |
| Mar 31, 2022 | 16.59% |
| Dec 31, 2021 | 17.05% |
API Access
Illinois Tool Works Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=ITW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();