Illinois Tool Works Debt to Equity Ratio 2012-2025 | ITW
Current and historical debt to equity ratio values for Illinois Tool Works (ITW) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Illinois Tool Works debt/equity for the three months ending December 31, 2025 was 2.07.
| Illinois Tool Works Debt/Equity Ratio Historical Data | |||
|---|---|---|---|
| Date | Long Term Debt | Shareholder's Equity | Debt to Equity Ratio |
| 2025-12-31 | $12.92B | $3.23B | 4.01 |
| 2025-09-30 | $12.93B | $3.21B | 4.03 |
| 2025-06-30 | $12.84B | $3.21B | 4.00 |
| 2025-03-31 | $12.23B | $3.24B | 3.77 |
| 2024-12-31 | $11.75B | $3.32B | 3.54 |
| 2024-09-30 | $12.43B | $3.39B | 3.67 |
| 2024-06-30 | $12.62B | $2.96B | 4.26 |
| 2024-03-31 | $12.63B | $3.02B | 4.18 |
| 2023-12-31 | $12.51B | $3.01B | 4.15 |
| 2023-09-30 | $12.39B | $3.00B | 4.13 |
| 2023-06-30 | $12.56B | $3.09B | 4.06 |
| 2023-03-31 | $12.82B | $3.10B | 4.13 |
| 2022-12-31 | $12.33B | $3.09B | 3.99 |
| 2022-09-30 | $12.21B | $3.01B | 4.05 |
| 2022-06-30 | $12.29B | $3.38B | 3.64 |
| 2022-03-31 | $12.70B | $3.58B | 3.55 |
| 2021-12-31 | $12.45B | $3.63B | 3.43 |
| 2021-09-30 | $12.02B | $3.49B | 3.44 |
| 2021-06-30 | $12.06B | $3.52B | 3.43 |
| 2021-03-31 | $12.39B | $3.28B | 3.78 |
| 2020-12-31 | $12.43B | $3.18B | 3.91 |
| 2020-09-30 | $12.24B | $2.70B | 4.54 |
| 2020-06-30 | $11.91B | $2.36B | 5.05 |
| 2020-03-31 | $11.87B | $2.28B | 5.20 |
| 2019-12-31 | $12.04B | $3.03B | 3.97 |
| 2019-09-30 | $11.99B | $2.97B | 4.04 |
| 2019-06-30 | $12.09B | $3.10B | 3.91 |
| 2019-03-31 | $12.13B | $3.20B | 3.79 |
| 2018-12-31 | $11.61B | $3.26B | 3.56 |
| 2018-09-30 | $11.77B | $3.55B | 3.32 |
| 2018-06-30 | $11.74B | $3.79B | 3.10 |
| 2018-03-31 | $12.00B | $4.16B | 2.88 |
| 2017-12-31 | $12.19B | $4.59B | 2.66 |
| 2017-09-30 | $11.29B | $5.03B | 2.25 |
| 2017-06-30 | $11.15B | $4.77B | 2.34 |
| 2017-03-31 | $11.03B | $4.50B | 2.45 |
| 2016-12-31 | $10.94B | $4.26B | 2.57 |
| 2016-09-30 | $10.92B | $4.79B | 2.28 |
| 2016-06-30 | $10.27B | $4.95B | 2.08 |
| 2016-03-31 | $10.22B | $5.22B | 1.96 |
| 2015-12-31 | $10.50B | $5.23B | 2.01 |
| 2015-09-30 | $11.01B | $5.09B | 2.16 |
| 2015-06-30 | $11.04B | $5.31B | 2.08 |
| 2015-03-31 | $10.96B | $4.98B | 2.20 |
| 2014-12-31 | $10.64B | $6.82B | 1.56 |
| 2014-09-30 | $11.23B | $7.80B | 1.44 |
| 2014-06-30 | $11.50B | $8.44B | 1.36 |
| 2014-03-31 | $11.59B | $8.58B | 1.35 |
| 2013-12-31 | $10.26B | $9.71B | 1.06 |
| 2013-09-30 | $9.28B | $10.47B | 0.89 |
| 2013-06-30 | $8.97B | $10.23B | 0.88 |
| 2013-03-31 | $8.93B | $10.28B | 0.87 |
| 2012-12-31 | $8.74B | $10.57B | 0.83 |
| 2012-09-30 | $8.76B | $10.26B | 0.85 |
| 2012-06-30 | $8.82B | $10.10B | 0.87 |
| 2012-03-31 | $8.81B | $10.14B | 0.87 |
| 2011-12-31 | $7.95B | $10.03B | 0.79 |
| 2011-09-30 | $8.51B | $9.85B | 0.86 |
| 2011-06-30 | $8.10B | $10.42B | 0.78 |
| 2011-03-31 | $7.26B | $10.38B | 0.70 |
| 2010-12-31 | $6.84B | $9.57B | 0.72 |
| 2010-09-30 | $7.41B | $8.89B | 0.83 |
| 2010-06-30 | $6.94B | $8.73B | 0.80 |
| 2010-03-31 | $7.12B | $8.74B | 0.82 |
| 2009-12-31 | $7.26B | $8.82B | 0.82 |
| 2009-09-30 | $6.64B | $8.24B | 0.81 |
| 2009-06-30 | $6.82B | $7.93B | 0.86 |
| 2009-03-31 | $7.38B | $7.37B | 1.00 |
| 2008-12-31 | $7.53B | $7.68B | 0.98 |
| 2008-09-30 | $7.92B | $9.10B | 0.87 |
| 2008-06-30 | $7.09B | $9.50B | 0.75 |
| 2008-03-31 | $6.74B | $9.25B | 0.73 |
| 2007-12-31 | $6.18B | $9.35B | 0.66 |
| 2007-09-30 | $5.50B | $9.39B | 0.59 |
| 2007-06-30 | $5.25B | $9.39B | 0.56 |
| 2007-03-31 | $5.22B | $9.16B | 0.57 |
| 2006-12-31 | $4.86B | $9.02B | 0.54 |
| 2006-09-30 | $4.54B | $8.71B | 0.52 |
| 2006-06-30 | $3.95B | $8.59B | 0.46 |
| 2006-03-31 | $3.89B | $8.07B | 0.48 |
| 2005-12-31 | $3.90B | $7.55B | 0.52 |
| 2005-09-30 | $3.95B | $7.28B | 0.54 |
| 2005-06-30 | $4.20B | $7.43B | 0.57 |
| 2005-03-31 | $4.30B | $7.71B | 0.56 |
| 2004-12-31 | $3.72B | $7.63B | 0.49 |
| 2004-09-30 | $3.86B | $7.54B | 0.51 |
| 2004-06-30 | $3.64B | $8.21B | 0.44 |
| 2004-03-31 | $3.53B | $8.23B | 0.43 |
| 2003-12-31 | $3.32B | $7.87B | 0.42 |
| 2003-09-30 | $3.40B | $7.40B | 0.46 |
| 2003-06-30 | $3.97B | $7.30B | 0.54 |
| 2003-03-31 | $3.93B | $6.92B | 0.57 |
| 2002-12-31 | $3.97B | $6.65B | 0.60 |
| 2002-09-30 | $3.93B | $6.50B | 0.61 |
| 2002-06-30 | $3.91B | $6.26B | 0.63 |
| 2002-03-31 | $3.74B | $5.95B | 0.63 |
| 2001-12-31 | $3.78B | $6.04B | 0.63 |
| 2001-09-30 | $4.26B | $5.89B | 0.72 |
| 2001-06-30 | $4.18B | $5.69B | 0.73 |
| 2001-03-31 | $4.04B | $5.58B | 0.72 |
| 2000-12-31 | $4.11B | $5.40B | 0.76 |
| 2000-09-30 | $4.27B | $5.29B | 0.81 |
| 2000-06-30 | $4.18B | $5.13B | 0.82 |
| 2000-03-31 | $4.18B | $4.96B | 0.84 |
| 1999-12-31 | $4.25B | $4.82B | 0.88 |
| 1999-09-30 | $3.15B | $3.74B | 0.84 |
| 1999-06-30 | $3.15B | $3.59B | 0.88 |
| 1999-03-31 | $3.03B | $3.43B | 0.88 |
| 1998-12-31 | $2.78B | $3.34B | 0.83 |
| 1998-09-30 | $2.81B | $3.16B | 0.89 |
| 1998-06-30 | $2.52B | $3.05B | 0.83 |
| 1998-03-31 | $2.60B | $2.91B | 0.89 |
| 1997-12-31 | $2.59B | $2.81B | 0.92 |
| 1997-09-30 | $2.22B | $2.67B | 0.83 |
| 1997-06-30 | $2.35B | $2.58B | 0.91 |
| 1997-03-31 | $2.31B | $2.46B | 0.94 |
| 1996-12-31 | $2.41B | $2.40B | 1.01 |
| 1996-09-30 | $1.78B | $2.28B | 0.78 |
| 1996-06-30 | $1.85B | $2.17B | 0.85 |
| 1996-03-31 | $1.77B | $2.04B | 0.87 |
| 1995-12-31 | $1.74B | $1.92B | 0.91 |
| 1995-09-30 | $1.28B | $1.83B | 0.70 |
| 1995-06-30 | $1.30B | $1.75B | 0.74 |
| 1995-03-31 | $1.14B | $1.61B | 0.71 |
| 1994-12-31 | $1.04B | $1.54B | 0.67 |
| 1994-09-30 | $1.02B | $1.44B | 0.71 |
| 1994-06-30 | $1.08B | $1.37B | 0.79 |
| 1994-03-31 | $1.09B | $1.30B | 0.84 |
| 1993-12-31 | $1.08B | $1.26B | 0.86 |
| 1993-09-30 | $1.14B | $1.23B | 0.93 |
| 1993-06-30 | $1.25B | $1.21B | 1.04 |
| 1993-03-31 | $1.25B | $1.14B | 1.09 |
| 1992-12-31 | $0.87B | $1.34B | 0.65 |
| 1992-09-30 | $0.98B | $1.38B | 0.71 |
| 1992-06-30 | $1.02B | $1.29B | 0.79 |
| 1992-03-31 | $1.00B | $1.25B | 0.80 |
| 1991-12-31 | $1.05B | $1.21B | 0.86 |
| 1991-09-30 | $0.97B | $1.18B | 0.82 |
| 1991-06-30 | $1.02B | $1.15B | 0.89 |
| 1991-03-31 | $1.00B | $1.13B | 0.89 |
| 1990-12-31 | $1.06B | $1.09B | 0.97 |
| 1990-09-30 | $1.09B | $1.06B | 1.03 |
| 1990-06-30 | $1.08B | $0.97B | 1.12 |
| 1990-03-31 | $0.89B | $0.91B | 0.97 |
| 1989-12-31 | $0.82B | $0.87B | 0.94 |
| 1989-09-30 | $0.80B | $0.83B | 0.96 |
| 1989-06-30 | $0.85B | $0.79B | 1.08 |
| 1989-03-31 | $0.62B | $0.77B | 0.81 |
| 1988-12-31 | $0.64B | $0.75B | 0.85 |
| 1988-09-30 | $0.59B | $0.70B | 0.84 |
| 1988-06-30 | $0.65B | $0.68B | 0.95 |
| 1988-03-31 | $0.66B | $0.63B | 1.04 |
| 1987-12-31 | $0.68B | $0.61B | 1.11 |
| 1987-09-30 | $0.67B | $0.57B | 1.18 |
| 1987-06-30 | $0.74B | $0.54B | 1.36 |
| 1987-03-31 | $0.77B | $0.51B | 1.51 |
| 1986-12-31 | $0.80B | $0.48B | 1.68 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Industrial Products | General Industrial Machinery | $86.914B | $16.044B |
| Illinois Tool Works Inc. is a global manufacturer of a diversified range of industrial products and equipment. The Company's operations are organized into the following seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Parker-Hannifin (PH) | United States | $126.437B | 33.96 |
| Mitsubishi Heavy Industries (MHVYF) | Japan | $112.342B | 59.46 |
| Atlas Copco AB (ATLKY) | Sweden | $105.162B | 39.22 |
| Ferguson (FERG) | United States | $51.108B | 25.28 |
| Ingersoll Rand (IR) | United States | $38.926B | 30.50 |
| Otis Worldwide (OTIS) | United States | $34.919B | 22.18 |
| Dover (DOV) | United States | $31.769B | 24.08 |
| IHI CORP (IHICY) | Japan | $30.236B | 0.00 |
| Kawasaki Heavy Industries (KWHIY) | Japan | $19.591B | 27.04 |
| RBC Bearings (RBC) | United States | $17.468B | 51.06 |
| Watsco (WSO) | United States | $16.950B | 32.65 |
| Nordson (NDSN) | United States | $16.610B | 29.12 |
| Trimble (TRMB) | United States | $15.798B | 25.25 |
| IDEX (IEX) | United States | $15.749B | 26.47 |
| Graco (GGG) | United States | $15.696B | 32.09 |
| Regal Rexnord (RRX) | United States | $14.618B | 22.82 |
| Generac Holdings (GNRC) | United States | $13.172B | 35.35 |
| Toromont Industries (TMTNF) | $12.015B | 0.00 | |
| Flowserve (FLS) | United States | $11.401B | 24.64 |
| Watts Water Technologies (WTS) | United States | $10.957B | 31.05 |
| Applied Industrial Technologies (AIT) | United States | $10.439B | 26.63 |
| Chart Industries (GTLS) | United States | $9.295B | 20.91 |
| Accelleron Industries AG - (ACLLY) | $8.700B | 0.00 | |
| Middleby (MIDD) | United States | $8.257B | 16.93 |
| Gates Industrial (GTES) | United States | $7.100B | 19.29 |
| MUELLER WATER PRODUCTS (MWA) | United States | $4.712B | 22.32 |
| Japan Steel Works (JPSWY) | Japan | $4.538B | 39.02 |
| SUMITOMO HEAVY (SOHVY) | Japan | $4.471B | 19.79 |
| Standex (SXI) | United States | $3.154B | 31.36 |
| ATS (ATS) | Canada | $3.058B | 24.94 |
| Xometry (XMTR) | United States | $2.840B | 0.00 |
| Helios Technologies (HLIO) | United States | $2.506B | 36.37 |
| DXP Enterprises (DXPE) | United States | $2.329B | 27.46 |
| Gorman-Rupp (GRC) | United States | $1.773B | 31.64 |
| DNOW (DNOW) | United States | $1.725B | 16.43 |
| Tennant (TNC) | United States | $1.505B | 14.85 |
| Graham (GHM) | United States | $0.935B | 56.27 |
| Wolfspeed (WOLF) | United States | $0.800B | 0.00 |
| Luxfer Holdings (LXFR) | United States | $0.417B | 16.10 |
| Paul Mueller (MUEL) | United States | $0.409B | 11.32 |
| China High Speed Transmission Equipment Group (CHSTY) | China | $0.368B | 0.00 |
| Crawford United (CRAWA) | United States | $0.292B | 16.63 |
| Twin Disc (TWIN) | United States | $0.260B | 0.00 |
| Taylor Devices (TAYD) | United States | $0.247B | 24.87 |
| Alta Equipment Group (ALTG) | United States | $0.214B | 0.00 |
| Ascent Industries (ACNT) | United States | $0.167B | 0.00 |
| HUHUTECH Group (HUHU) | China | $0.146B | 0.00 |
| ZJK Industrial (ZJK) | China | $0.116B | 0.00 |
| Burnham Holdings (BURCA) | United States | $0.085B | 7.81 |
| Broadwind Energy (BWEN) | United States | $0.056B | 0.00 |
| CVD Equipment (CVV) | United States | $0.028B | 0.00 |