Illinois Tool Works Inc. ITW
274.32
2.32
0.85%
as of 25 Sep
- Market cap
- $77.5B
- P/E
- 24.8×
Follow ITW
Indexes
indicate stock being part of an index,
Growth Flags
show if company had growth for consecutive years,
Insider Buys
alert about insiders buying in the last 12 month
Illinois Tool Works Inc. (ITW) Debt to equity
Illinois Tool Works Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 3.3×, up 0.6× from fiscal 2025 (2.8×). Over the past ten years it has ranged from 1.4× (fiscal 2015) to 2.8× (fiscal 2025) — the current reading is the highest in ten years. That is above the Specialty Industrial Machinery industry median of 0.3× and above the Industrials sector median of 0.3×.
Debt to equity, annual
Annual
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 2.8× | 17.28% |
| FY2024 | 2.4× | (12.51%) |
| FY2023 | 2.7× | 7.82% |
| FY2022 | 2.5× | 18.54% |
| FY2021 | 2.1× | (16.94%) |
| FY2020 | 2.6× | (0.31%) |
| FY2019 | 2.6× | 13.03% |
| FY2018 | 2.3× | 24.82% |
| FY2017 | 1.8× | (1.27%) |
| FY2016 | 1.8× | 29.48% |
Quarterly
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | 3.3× | 18.23% |
| Mar 2026 | 2.8× | 1.87% |
| Dec 2025 | 2.8× | (0.23%) |
| Sep 2025 | 2.8× | 0.12% |
| 42 more quarters | Free account |
Against its own ten years
Low 1.4×
High 2.8×
Ten-year median
2.4×
Current reading's percentile
100
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| SYM Symbotic Inc. compare | 0.0× |
| AME AMETEK, Inc. compare | 0.2× |
| PH Parker-Hannifin Corporation compare | 0.4× |
| IR Ingersoll Rand Inc. compare | 0.5× |
| CMI Cummins Inc. compare | 0.5× |
| EMR Emerson Electric Co. compare | 0.6× |
| ROK Rockwell Automation, Inc. compare | 0.7× |
| ETN Eaton Corporation, PLC compare | 0.9× |
| ITW Illinois Tool Works Inc. | 3.3× |
| Specialty Industrial Machinery industry median | 0.3× |
| Industrials sector median | 0.3× |
| Market median | 0.2× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on ITW
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement