Illinois Tool Works (ITW) Times Interest Earned (2009 - 2026)
Illinois Tool Works' (ITW) Times Interest Earned stood at 14.52 in Q2 2026, up 0.6% from 14.43 a year earlier and up 3.9% from the prior quarter.
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Analysis
Illinois Tool Works (ITW) Times Interest Earned (2009 - 2026) Analysis & Trends
On a TTM basis, Illinois Tool Works' Times Interest Earned came in at 14.45 as of Jun 30, 2026, down 1.7% year-over-year; for FY2025, it came in at 14.44, down 4.2% from FY2024.
- Annual Times Interest Earned has declined for three straight years.
- Across earlier years, Times Interest Earned came in at 15.07 in FY2024 (-0.8%), 15.19 in FY2023 (-18.7%), 18.67 in FY2022 (+8.5%) and 17.21 in FY2021 (+23.0%).
- Quarterly Times Interest Earned has ranged from 13.97 in Q1 2026 to 19.70 in Q2 2022 over the past five years.
- On a year-over-year basis, Times Interest Earned rose in three of the last eight quarters, with an average decline of 1.6%.
- Peak year-over-year performance for Times Interest Earned in the last five years was growth of 14.7% in Q2 2022, against a decline of 25.7% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 13.97 (Q1 2026), 14.47 (Q4 2025) and 14.83 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 14.45 |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 36.66 |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | - |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 14.52 |
| 10 | Cummins | 71.14 Bn | 68.27 Bn | 2.47 Bn | 15.99 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.52 |
| Mar 31, 2026 | 13.97 |
| Dec 31, 2025 | 14.47 |
| Sep 30, 2025 | 14.83 |
| Jun 30, 2025 | 14.43 |
| Mar 31, 2025 | 13.99 |
| Dec 31, 2024 | 15.16 |
| Sep 30, 2024 | 15.25 |
| Jun 30, 2024 | 14.05 |
| Mar 31, 2024 | 15.87 |
| Dec 31, 2023 | 14.11 |
| Sep 30, 2023 | 15.97 |
| Jun 30, 2023 | 14.64 |
| Mar 31, 2023 | 16.20 |
| Dec 31, 2022 | 17.61 |
| Sep 30, 2022 | 18.90 |
| Jun 30, 2022 | 19.70 |
| Mar 31, 2022 | 18.65 |
| Dec 31, 2021 | 17.02 |
| Sep 30, 2021 | 17.24 |
API Access
Illinois Tool Works Times Interest Earned 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=times-interest-earned&ticker=ITW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();