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.

• In Q1 2026, Tax Provisions rose 2.05% year-over-year to $199.0 million; the TTM figure through Mar 2026 stood at $904.0 million (up 3.2% YoY), while the FY2025 annual figure was $900.0 million, down 3.64% from the prior year.
• Tax Provisions was $199.0 million for Q1 2026 at Illinois Tool Works, down from $234.0 million in the prior quarter.
• In the past five years, Tax Provisions ranged from a high of $253.0 million in Q1 2024 to a low of $165.0 million in Q2 2022.
• Historically, Tax Provisions has averaged $218.1 million across 5 years, with a median of $214.0 million in 2022.
• The sharpest annual moves came in 2022 and 2025: Tax Provisions surged 87.5% in 2022, then decreased 22.92% in 2025.
• A 5-year view of Tax Provisions shows it 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.
• The last three Tax Provisions figures came in at $199.0 million (Q1 2026), $234.0 million (Q4 2025), and $228.0 million (Q3 2025), per Business Quant data.