Illinois Tool Works (ITW) Short term Debt (2009 - 2026)
Illinois Tool Works (ITW) posted Short term Debt of $3.15 billion for Q2 2026, up 153.2% from $1.24 billion a year earlier and up 23.6% from the prior quarter.
Illinois Tool Works (ITW) Short term Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Illinois Tool Works' Short term Debt came in at $2.29 billion, up 47.0% from FY2024.
- Annual Short term Debt shows a five-year compound annual growth rate of 45.5% (FY2020 to FY2025).
- In prior years, Illinois Tool Works' Short term Debt was $1.56 billion in FY2024 (-14.8%), $1.83 billion in FY2023 (+14.8%), $1.59 billion in FY2022 (+104.4%) and $778 million in FY2021 (+122.3%).
- The Q2 2026 figure stands as the highest quarterly Short term Debt since Q4 2013.
- On a year-over-year basis, Short term Debt has increased in each of the last three quarters, with growth averaging 33.3% over the last eight quarters.
- The strongest year-over-year quarter for Short term Debt in the past five years was Q1 2026, with growth of 159.4%; the weakest was Q1 2025, with a decline of 52.5%.
- According to Business Quant data, Short term Debt for the three prior quarters was $2.55 billion (Q1 2026), $2.29 billion (Q4 2025) and $1.27 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn |
| 10 | Cummins | 71.32 Bn | 68.45 Bn | 2.47 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.15 Bn |
| Mar 31, 2026 | 2.55 Bn |
| Dec 31, 2025 | 2.29 Bn |
| Sep 30, 2025 | 1.27 Bn |
| Jun 30, 2025 | 1.24 Bn |
| Mar 31, 2025 | 981.00 Mn |
| Dec 31, 2024 | 1.56 Bn |
| Sep 30, 2024 | 1.77 Bn |
| Jun 30, 2024 | 2.04 Bn |
| Mar 31, 2024 | 2.07 Bn |
| Dec 31, 2023 | 1.83 Bn |
| Sep 30, 2023 | 1.25 Bn |
| Jun 30, 2023 | 1.28 Bn |
| Mar 31, 2023 | 2.87 Bn |
| Dec 31, 2022 | 1.59 Bn |
| Dec 31, 2021 | 778.00 Mn |
| Dec 31, 2020 | 350.00 Mn |
| Dec 31, 2019 | 4.00 Mn |
| Dec 31, 2018 | 1.35 Bn |
| Dec 31, 2017 | 850.00 Mn |
Illinois Tool Works Short term Debt 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=short-term-debt&ticker=ITW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-debt", "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=short-term-debt&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();