Illinois Tool Works (ITW) Return on Capital Employed (2009 - 2026)
Illinois Tool Works (ITW) posted quarterly Return on Capital Employed of 39.4% for Q1 2026, up 382.0% year-over-year from 8.17% in Q1 2025, and up 2.95% quarter-over-quarter from 38.27% in Q4 2025.
Illinois Tool Works (ITW) Return on Capital Employed (2009 - 2026) Analysis & Trends
Illinois Tool Works' Return on Capital Employed history runs 18 years deep, the most recent figure standing at 39.4% for Q1 2026.
- In Q1 2026, Return on Capital Employed rose 382.0% year-over-year to 39.4%; the TTM figure through Mar 2026 stood at 39.4% (up 382.0% YoY), while the FY2025 annual figure was 40.22%, up 140.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 39.4%, up from 38.27% in the prior quarter.
- The five-year high for Return on Capital Employed was 39.4% in Q1 2026, with the low at 28.13% in Q1 2022.
- The 5-year median for Return on Capital Employed is 34.69% (2025), against an average of 33.68%.
- The sharpest annual moves came in 2023 and 2024: Return on Capital Employed surged 1025 bps in 2023, then sank 825 bps in 2024.
- Illinois Tool Works' Return on Capital Employed stood at 34.89% in 2022, then increased by 7 bps to 37.47% in 2023, then decreased by 22 bps to 29.22% in 2024, then soared by 31 bps to 38.27% in 2025, then grew by 3 bps to 39.4% in 2026.
- Business Quant data shows ITW's Return on Capital Employed at 39.4% in Q1 2026, 38.27% in Q4 2025, and 34.8% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 8.04% |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 32.86% |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 18.36% |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 14.90% |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 15.98% |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 41.86% |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 14.77% |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 23.62% |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 9.23% |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 87.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 41.86% |
| Mar 31, 2026 | 39.40% |
| Dec 31, 2025 | 38.27% |
| Sep 30, 2025 | 34.80% |
| Jun 30, 2025 | 34.69% |
| Mar 31, 2025 | 35.59% |
| Dec 31, 2024 | 29.22% |
| Sep 30, 2024 | 29.00% |
| Jun 30, 2024 | 30.70% |
| Mar 31, 2024 | 30.48% |
| Dec 31, 2023 | 37.47% |
| Sep 30, 2023 | 34.99% |
| Jun 30, 2023 | 33.64% |
| Mar 31, 2023 | 38.38% |
| Dec 31, 2022 | 34.89% |
| Sep 30, 2022 | 32.91% |
| Jun 30, 2022 | 29.96% |
| Mar 31, 2022 | 28.13% |
| Dec 31, 2021 | 28.21% |
| Sep 30, 2021 | 28.09% |