Illinois Tool Works (ITW) Tax Provisions (2009 - 2026)
Illinois Tool Works (ITW) posted Tax Provisions of $265.0 million for Q2 2026, up 33.17% on a QoQ basis from $199.0 million in Q1 2026, and up 9.05% year-over-year from $243.0 million in Q2 2025.
Analysis
Illinois Tool Works (ITW) Tax Provisions (2009 - 2026) Analysis & Trends
Illinois Tool Works has reported Tax Provisions for 18 years, with the latest figure at $265.0 million in Q2 2026.
- On a quarterly basis, Tax Provisions rose 9.05% year-over-year to $265.0 million in Q2 2026; TTM through Jun 2026 was $926.0 million, a 6.07% increase from a year earlier, with the FY2025 full-year figure at $900.0 million, down 3.64% from the prior year.
- Tax Provisions was $265.0 million for Q2 2026 at Illinois Tool Works, up from $199.0 million in the prior quarter.
- The five-year high for Tax Provisions was $265.0 million in Q2 2026, with the low at $165.0 million in Q2 2022.
- Average Tax Provisions over 5 years is $220.7 million, with a median of $221.0 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions soared 87.5% in 2022, then slipped 22.92% in 2025.
- Over 5 years, Tax Provisions stood at $214.0 million in 2022, then declined by 1.87% to $210.0 million in 2023, then increased by 10.95% to $233.0 million in 2024, then grew by 0.43% to $234.0 million in 2025, then gained by 13.25% to $265.0 million in 2026.
- The last three Tax Provisions figures came in at $265.0 million (Q2 2026), $199.0 million (Q1 2026), and $234.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 85.28 Bn | 81.95 Bn | 2.68 Bn | 183.00 Mn |
| 2 | Illinois Tool Works | 75.67 Bn | 74.83 Bn | 1.90 Bn | 265.00 Mn |
| 3 | Ametek | 54.19 Bn | 53.69 Bn | 735.04 Mn | 85.48 Mn |
| 4 | Rockwell Automation | 47.43 Bn | 46.95 Bn | 1.14 Bn | 62.00 Mn |
| 5 | Mettler Toledo International | 26.01 Bn | 25.96 Bn | 650.22 Mn | 56.50 Mn |
| 6 | Dover | 25.81 Bn | 24.05 Bn | 880.61 Mn | 75.15 Mn |
| 7 | Nordson | 17.47 Bn | 17.36 Bn | 453.73 Mn | 33.09 Mn |
| 8 | Fortive | 17.01 Bn | 16.64 Bn | 695.30 Mn | 22.20 Mn |
| 9 | RBC Bearings | 15.36 Bn | 15.24 Bn | 247.80 Mn | 28.70 Mn |
| 10 | Regal Rexnord | 10.69 Bn | 10.25 Bn | 611.60 Mn | 26.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 265.00 Mn |
| Mar 31, 2026 | 199.00 Mn |
| Dec 31, 2025 | 234.00 Mn |
| Sep 30, 2025 | 228.00 Mn |
| Jun 30, 2025 | 243.00 Mn |
| Mar 31, 2025 | 195.00 Mn |
| Dec 31, 2024 | 233.00 Mn |
| Sep 30, 2024 | 202.00 Mn |
| Jun 30, 2024 | 246.00 Mn |
| Mar 31, 2024 | 253.00 Mn |
| Dec 31, 2023 | 210.00 Mn |
| Sep 30, 2023 | 241.00 Mn |
| Jun 30, 2023 | 207.00 Mn |
| Mar 31, 2023 | 208.00 Mn |
| Dec 31, 2022 | 214.00 Mn |
| Sep 30, 2022 | 230.00 Mn |
| Jun 30, 2022 | 165.00 Mn |
| Mar 31, 2022 | 199.00 Mn |
| Dec 31, 2021 | 183.00 Mn |
| Sep 30, 2021 | 167.00 Mn |