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Illinois Tool Works (ITW) Tax Rate (2016 - 2025)

Historic Tax Rate for Illinois Tool Works (ITW) over the last 17 years, with Q4 2025 value amounting to 22.85%.

  • Illinois Tool Works' Tax Rate fell 8500.0% to 22.85% in Q4 2025 from the same period last year, while for Dec 2025 it was 22.69%, marking a year-over-year increase of 15700.0%. This contributed to the annual value of 22.69% for FY2025, which is 15700.0% up from last year.
  • As of Q4 2025, Illinois Tool Works' Tax Rate stood at 22.85%, which was down 8500.0% from 21.73% recorded in Q3 2025.
  • Illinois Tool Works' Tax Rate's 5-year high stood at 24.48% during Q2 2024, with a 5-year trough of 10.2% in Q2 2021.
  • Its 5-year average for Tax Rate is 21.44%, with a median of 22.61% in 2023.
  • Its Tax Rate has fluctuated over the past 5 years, first plummeted by -112300bps in 2021, then soared by 80800bps in 2022.
  • Quarter analysis of 5 years shows Illinois Tool Works' Tax Rate stood at 23.11% in 2021, then decreased by -17bps to 19.09% in 2022, then grew by 19bps to 22.65% in 2023, then rose by 5bps to 23.7% in 2024, then decreased by -4bps to 22.85% in 2025.
  • Its last three reported values are 22.85% in Q4 2025, 21.73% for Q3 2025, and 24.35% during Q2 2025.