Illinois Tool Works (ITW) Return on Capital Employed (2009 - 2026)

Illinois Tool Works' (ITW) quarterly Return on Capital Employed came in at 39.4% in Q1 2026, up 382.0% year-on-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.

  • On a quarterly basis, Return on Capital Employed rose 382.0% year-over-year to 39.4% in Q1 2026; TTM through Mar 2026 was 39.4%, a 382.0% increase from a year earlier, with the FY2025 full-year figure at 40.22%, up 140.0% from the prior year.
  • Return on Capital Employed advanced to 39.4% in Q1 2026 per ITW's latest filing, from 38.27% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 39.4% in Q1 2026 and bottomed 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%.
  • Across the five-year window, Return on Capital Employed surged 1025 bps in 2023 and slumped 825 bps in 2024, its largest moves.
  • Year by year, Return on Capital Employed stood at 34.89% in 2022, then rose by 7 bps to 37.47% in 2023, then slipped by 22 bps to 29.22% in 2024, then jumped by 31 bps to 38.27% in 2025, then increased by 3 bps to 39.4% in 2026.
  • Per Business Quant, the three latest ITW Return on Capital Employed figures stand at 39.4% (Q1 2026), 38.27% (Q4 2025), and 34.8% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 8.04%
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 14.09%
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 18.36%
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 15.97%
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 14.32%
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 39.40%
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 14.67%
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 31.32%
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 6.93%
10 Xylem 29.09 Bn 28.28 Bn 803.00 Mn 8.50%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 27.41%