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

Illinois Tool Works (ITW) recorded quarterly Return on Capital Employed of 39.4% in Q1 2026, up 2.95% quarter-over-quarter from 38.27% in Q4 2025, and up 382.0% on a YoY basis from 8.17% in Q1 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 was 39.4% for Q1 2026 at Illinois Tool Works, up from 38.27% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 39.4% in Q1 2026 to a low of 28.13% in Q1 2022.
  • Historically, Return on Capital Employed has averaged 33.68% across 5 years, with a median of 34.69% in 2025.
  • The sharpest annual moves came in 2023 and 2024: Return on Capital Employed soared 1025 bps in 2023, then slumped 825 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it 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.
  • The last three Return on Capital Employed figures came in at 39.4% (Q1 2026), 38.27% (Q4 2025), and 34.8% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 7.18%
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 14.09%
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 18.36%
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 15.97%
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 14.32%
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 39.40%
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 14.67%
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 31.32%
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 12.62%
10 Ingersoll Rand 28.28 Bn 27.07 Bn 792.40 Mn 6.93%

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%