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| Date | Value |
|---|---|
| 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% |