Illinois Tool Works (ITW) Tax Provisions (2009 - 2026)

Illinois Tool Works' Tax Provisions history runs 18 years deep, the most recent figure standing at $199.0 million for Q1 2026.

• On a quarterly basis, Tax Provisions rose 2.05% year-over-year to $199.0 million in Q1 2026; TTM through Mar 2026 was $904.0 million, a 3.2% increase from a year earlier, with the FY2025 full-year figure at $900.0 million, down 3.64% from the prior year.
• Tax Provisions fell to $199.0 million in Q1 2026 per ITW's latest filing, from $234.0 million in the prior quarter.
• Across five years, Tax Provisions topped out at $253.0 million in Q1 2024 and bottomed at $165.0 million in Q2 2022.
• The 5-year median for Tax Provisions is $214.0 million (2022), against an average of $218.1 million.
• Across the five-year window, Tax Provisions jumped 87.5% in 2022 and dropped 22.92% in 2025, its largest moves.
• Year by year, Tax Provisions stood at $214.0 million in 2022, then dropped by 1.87% to $210.0 million in 2023, then grew by 10.95% to $233.0 million in 2024, then climbed by 0.43% to $234.0 million in 2025, then dropped by 14.96% to $199.0 million in 2026.
• Per Business Quant, the three latest ITW Tax Provisions figures stand at $199.0 million (Q1 2026), $234.0 million (Q4 2025), and $228.0 million (Q3 2025).