70/100B288.15
USD
1.10
(0.38%)
Market Open
Last updated: · Delayed 15 min
Fair value270.64Plus+6%209Price 288.15325
Q4 FY2026 · Earnings report
EPS estimate 2.98Revenue estimate 4.29B
Q4 FY2026 · Earnings report
EPS estimate 2.98Revenue estimate 4.29B
Illinois Tool Works debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Illinois Tool Works's debt to equity ratio is 2.98: total debt of 9.37B USD against shareholders' equity of 3.14B USD.
- Today
- 2.98
- Average, 5 years
- 2.66
- Low, 5 years
- 2.17
- High, 5 years
- 3.35
Debt to equity = total debt ÷ shareholders' equity = 9.37B ÷ 3.14B = 2.98
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 2.98 | 9.37B | 3.14B | |
| FY2025 | 31 Dec 2025 | 2.78 | 8.97B | 3.23B |
| FY2024 | 31 Dec 2024 | 2.44 | 8.08B | 3.32B |
| FY2023 | 31 Dec 2023 | 2.78 | 8.37B | 3.01B |
| FY2022 | 31 Dec 2022 | 2.57 | 7.95B | 3.09B |
| FY2021 | 31 Dec 2021 | 2.17 | 7.88B | 3.63B |
| FY2020 | 31 Dec 2020 | 2.61 | 8.31B | 3.18B |
| FY2019 | 31 Dec 2019 | 2.62 | 7.94B | 3.03B |
| FY2018 | 31 Dec 2018 | 2.27 | 7.38B | 3.25B |
| FY2017 | 31 Dec 2017 | 1.82 | 8.33B | 4.59B |
| FY2016 | 31 Dec 2016 | 1.84 | 7.83B | 4.25B |
| FY2015 | 31 Dec 2015 | 1.42 | 7.42B | 5.22B |
| FY2014 | 31 Dec 2014 | 1.09 | 7.46B | 6.82B |
| FY2013 | 31 Dec 2013 | 0.65 | 6.34B | 9.70B |
| FY2012 | 31 Dec 2012 | 0.48 | 5.05B | 10.56B |
| FY2011 | 31 Dec 2011 | 0.40 | 3.99B | 10.02B |
| FY2010 | 31 Dec 2010 | 0.30 | 2.83B | 9.37B |
| FY2009 | 31 Dec 2009 | 0.36 | 3.13B | 8.81B |
| FY2008 | 31 Dec 2008 | 0.48 | 3.68B | 7.66B |
| FY2007 | 31 Dec 2007 | 0.25 | 2.30B | 9.35B |
| FY2006 | 31 Dec 2006 | 0.16 | 1.42B | 9.02B |
| FY2005 | 31 Dec 2005 | 0.16 | 1.21B | 7.55B |
| FY2004 | 31 Dec 2004 | 0.15 | 1.12B | 7.63B |
| FY2003 | 31 Dec 2003 | 0.12 | 976.45M | 7.87B |
| FY2002 | 31 Dec 2002 | 0.24 | 1.58B | 6.65B |
| FY2001 | 31 Dec 2001 | 0.26 | 1.58B | 6.04B |
| FY2000 | 31 Dec 2000 | 0.37 | 1.97B | 5.40B |
| FY1999 | 31 Dec 1999 | 0.40 | 1.91B | 4.82B |
| FY1998 | 31 Dec 1998 | 0.41 | 1.35B | 3.34B |
| FY1997 | 31 Dec 1997 | 0.41 | 1.15B | 2.81B |
| FY1996 | 31 Dec 1996 | 0.50 | 1.21B | 2.40B |
| FY1995 | 31 Dec 1995 | 0.41 | 791.80M | 1.92B |
| FY1994 | 31 Dec 1994 | 0.22 | 340.00M | 1.54B |
| FY1993 | 31 Dec 1993 | 0.38 | 482.70M | 1.26B |
| FY1992 | 31 Dec 1992 | 0.25 | 335.30M | 1.34B |
| FY1991 | 31 Dec 1991 | 0.40 | 489.20M | 1.21B |
| FY1990 | 31 Dec 1990 | 0.45 | 495.90M | 1.09B |
| FY1989 | 31 Dec 1989 | 0.43 | 370.50M | 871.10M |
| FY1988 | 31 Dec 1988 | 0.35 | 257.60M | 744.70M |
| FY1987 | 31 Dec 1987 | 0.59 | 357.20M | 608.50M |
| FY1986 | 31 Dec 1986 | 1.06 | 504.00M | 476.60M |
| FY1985 | 31 Dec 1985 | 0.04 | 17.60M | 403.40M |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 2.98 | 9.37B | 3.14B |
| Q2 FY2026 | 30 Jun 2026 | 3.35 | 9.69B | 2.89B |
| Q1 FY2026 | 31 Mar 2026 | 2.83 | 9.15B | 3.23B |
| Q4 FY2025 | 31 Dec 2025 | 2.78 | 8.97B | 3.23B |
| Q3 FY2025 | 30 Sept 2025 | 2.79 | 8.94B | 3.21B |
| Q2 FY2025 | 30 Jun 2025 | 2.78 | 8.94B | 3.21B |
| Q1 FY2025 | 31 Mar 2025 | 2.55 | 8.26B | 3.24B |
| Q4 FY2024 | 31 Dec 2024 | 2.44 | 8.08B | 3.32B |
| Q3 FY2024 | 30 Sept 2024 | 2.46 | 8.35B | 3.39B |
| Q2 FY2024 | 30 Jun 2024 | 2.86 | 8.47B | 2.96B |
| Q1 FY2024 | 31 Mar 2024 | 2.76 | 8.33B | 3.02B |
| Q4 FY2023 | 31 Dec 2023 | 2.78 | 8.37B | 3.01B |
| Q3 FY2023 | 30 Sept 2023 | 2.69 | 8.07B | 3.00B |
| Q2 FY2023 | 30 Jun 2023 | 2.66 | 8.22B | 3.09B |
| Q1 FY2023 | 31 Mar 2023 | 2.70 | 8.38B | 3.10B |
| Q4 FY2022 | 31 Dec 2022 | 2.57 | 7.95B | 3.09B |
| Q3 FY2022 | 30 Sept 2022 | 2.53 | 7.63B | 3.01B |
| Q2 FY2022 | 30 Jun 2022 | 2.26 | 7.64B | 3.38B |
| Q1 FY2022 | 31 Mar 2022 | 2.19 | 7.86B | 3.58B |
| Q4 FY2021 | 31 Dec 2021 | 2.17 | 7.88B | 3.63B |
| Q3 FY2021 | 30 Sept 2021 | 2.16 | 7.55B | 3.49B |
| Q2 FY2021 | 30 Jun 2021 | 2.17 | 7.65B | 3.52B |
| Q1 FY2021 | 31 Mar 2021 | 2.43 | 7.95B | 3.27B |
| Q4 FY2020 | 31 Dec 2020 | 2.61 | 8.31B | 3.18B |
| Q3 FY2020 | 30 Sept 2020 | 2.95 | 7.95B | 2.70B |
| Q2 FY2020 | 30 Jun 2020 | 3.30 | 7.77B | 2.36B |
| Q1 FY2020 | 31 Mar 2020 | 3.37 | 7.69B | 2.28B |
| Q4 FY2019 | 31 Dec 2019 | 2.62 | 7.94B | 3.03B |
| Q3 FY2019 | 30 Sept 2019 | 2.58 | 7.64B | 2.97B |
| Q2 FY2019 | 30 Jun 2019 | 2.53 | 7.81B | 3.09B |
| Q1 FY2019 | 31 Mar 2019 | 2.42 | 7.74B | 3.20B |
| Q4 FY2018 | 31 Dec 2018 | 2.27 | 7.38B | 3.25B |
| Q3 FY2018 | 30 Sept 2018 | 2.09 | 7.40B | 3.54B |
| Q2 FY2018 | 30 Jun 2018 | 1.96 | 7.42B | 3.79B |
| Q1 FY2018 | 30 Mar 2018 | 1.82 | 7.55B | 4.16B |
| Q4 FY2017 | 31 Dec 2017 | 1.82 | 8.33B | 4.59B |
| Q3 FY2017 | 30 Sept 2017 | 1.62 | 8.14B | 5.02B |
| Q2 FY2017 | 30 Jun 2017 | 1.69 | 8.05B | 4.77B |
| Q1 FY2017 | 31 Mar 2017 | 1.75 | 7.88B | 4.49B |
| Q4 FY2016 | 31 Dec 2016 | 1.84 | 7.83B | 4.25B |
| Q3 FY2016 | 30 Sept 2016 | 1.61 | 7.69B | 4.79B |
| Q2 FY2016 | 30 Jun 2016 | 1.45 | 7.16B | 4.95B |
| Q1 FY2016 | 31 Mar 2016 | 1.34 | 7.00B | 5.22B |
| Q4 FY2015 | 31 Dec 2015 | 1.42 | 7.42B | 5.22B |
| Q3 FY2015 | 30 Sept 2015 | 1.54 | 7.81B | 5.09B |
| Q2 FY2015 | 30 Jun 2015 | 1.47 | 7.81B | 5.30B |
| Q1 FY2015 | 31 Mar 2015 | 1.52 | 7.55B | 4.98B |
| Q4 FY2014 | 31 Dec 2014 | 1.09 | 7.46B | 6.82B |
| Q3 FY2014 | 30 Sept 2014 | 0.97 | 7.53B | 7.80B |
| Q2 FY2014 | 30 Jun 2014 | 0.85 | 7.21B | 8.44B |
| Q1 FY2014 | 31 Mar 2014 | 0.89 | 7.62B | 8.57B |
| Q4 FY2013 | 31 Dec 2013 | 0.65 | 6.34B | 9.70B |
| Q3 FY2013 | 30 Sept 2013 | 0.49 | 5.14B | 10.46B |
| Q2 FY2013 | 30 Jun 2013 | 0.50 | 5.07B | 10.23B |
| Q1 FY2013 | 31 Mar 2013 | 0.49 | 5.01B | 10.27B |
| Q4 FY2012 | 31 Dec 2012 | 0.48 | 5.05B | 10.56B |
| Q3 FY2012 | 30 Sept 2012 | 0.49 | 5.00B | 10.25B |
| Q2 FY2012 | 30 Jun 2012 | 0.49 | 4.91B | 10.08B |
| Q1 FY2012 | 31 Mar 2012 | 0.47 | 4.77B | 10.12B |
| Q4 FY2011 | 31 Dec 2011 | 0.40 | 3.99B | 10.02B |
| Q3 FY2011 | 30 Sept 2011 | 0.46 | 4.56B | 9.84B |
| Q2 FY2011 | 30 Jun 2011 | 0.39 | 4.07B | 10.41B |
| Q1 FY2011 | 31 Mar 2011 | 0.32 | 3.35B | 10.37B |
| Q4 FY2010 | 31 Dec 2010 | 0.30 | 2.83B | 9.37B |
| Q3 FY2010 | 30 Sept 2010 | 0.38 | 3.38B | 8.88B |
| Q2 FY2010 | 30 Jun 2010 | 0.35 | 3.03B | 8.72B |
| Q1 FY2010 | 31 Mar 2010 | 0.36 | 3.13B | 8.73B |
| Q4 FY2009 | 31 Dec 2009 | 0.36 | 3.13B | 8.81B |
| Q3 FY2009 | 30 Sept 2009 | 0.36 | 2.94B | 8.23B |
| Q2 FY2009 | 30 Jun 2009 | 0.38 | 3.04B | 7.91B |
| Q1 FY2009 | 31 Mar 2009 | 0.52 | 3.87B | 7.37B |
| Q4 FY2008 | 31 Dec 2008 | 0.48 | 3.68B | 7.66B |
| Q3 FY2008 | 30 Sept 2008 | 0.40 | 3.60B | 9.10B |
| Q2 FY2008 | 30 Jun 2008 | 0.31 | 2.93B | 9.50B |
| Q1 FY2008 | 31 Mar 2008 | 0.30 | 2.78B | 9.25B |
| Q4 FY2007 | 31 Dec 2007 | 0.25 | 2.30B | 9.35B |
| Q3 FY2007 | 30 Sept 2007 | 0.18 | 1.67B | 9.39B |
| Q2 FY2007 | 30 Jun 2007 | 0.16 | 1.48B | 9.39B |
| Q1 FY2007 | 31 Mar 2007 | 0.17 | 1.53B | 9.16B |
| Q4 FY2006 | 31 Dec 2006 | 0.16 | 1.42B | 9.02B |
| Q3 FY2006 | 30 Sept 2006 | 0.17 | 1.49B | 8.71B |
| Q2 FY2006 | 30 Jun 2006 | 0.12 | 1.05B | 8.59B |
| Q1 FY2006 | 31 Mar 2006 | 0.15 | 1.19B | 8.07B |
| Q4 FY2005 | 31 Dec 2005 | 0.16 | 1.21B | 7.55B |
| Q3 FY2005 | 30 Sept 2005 | 0.18 | 1.34B | 7.28B |
| Q2 FY2005 | 30 Jun 2005 | 0.22 | 1.66B | 7.43B |
| Q1 FY2005 | 31 Mar 2005 | 0.23 | 1.75B | 7.71B |
| Q4 FY2004 | 31 Dec 2004 | 0.15 | 1.12B | 7.63B |
| Q3 FY2004 | 30 Sept 2004 | 0.14 | 1.02B | 7.54B |
| Q2 FY2004 | 30 Jun 2004 | 0.12 | 983.47M | 8.21B |
| Q1 FY2004 | 31 Mar 2004 | 0.12 | 972.20M | 8.23B |
| Q4 FY2003 | 31 Dec 2003 | 0.12 | 976.45M | 7.87B |
| Q3 FY2003 | 30 Sept 2003 | 0.13 | 996.45M | 7.40B |
| Q2 FY2003 | 30 Jun 2003 | 0.21 | 1.56B | 7.30B |
| Q1 FY2003 | 31 Mar 2003 | 0.22 | 1.55B | 6.92B |
| Q4 FY2002 | 31 Dec 2002 | 0.24 | 1.58B | 6.65B |
| Q3 FY2002 | 30 Sept 2002 | 0.25 | 1.61B | 6.50B |
| Q2 FY2002 | 30 Jun 2002 | 0.26 | 1.66B | 6.26B |
| Q1 FY2002 | 31 Mar 2002 | 0.26 | 1.53B | 5.95B |
| Q4 FY2001 | 31 Dec 2001 | 0.26 | 1.58B | 6.04B |
| Q3 FY2001 | 30 Sept 2001 | 0.33 | 1.96B | 5.89B |
| Q2 FY2001 | 30 Jun 2001 | 0.34 | 1.95B | 5.69B |
| Q1 FY2001 | 31 Mar 2001 | 0.33 | 1.86B | 5.58B |
| Q4 FY2000 | 31 Dec 2000 | 0.37 | 1.97B | 5.40B |
| Q3 FY2000 | 3 Sept 2000 | 0.39 | 2.06B | 5.29B |
| Q2 FY2000 | 30 Jun 2000 | 0.38 | 1.96B | 5.13B |
| Q1 FY2000 | 31 Mar 2000 | 0.38 | 1.90B | 4.96B |
| Q4 FY1999 | 31 Dec 1999 | 0.40 | 1.91B | 4.82B |
| Q3 FY1999 | 30 Sept 1999 | 0.44 | 1.64B | 3.74B |
| Q2 FY1999 | 30 Jun 1999 | 0.46 | 1.66B | 3.59B |
| Q1 FY1999 | 31 Mar 1999 | 0.45 | 1.54B | 3.43B |
| Q4 FY1998 | 31 Dec 1998 | 0.41 | 1.35B | 3.34B |
| Q3 FY1998 | 30 Sept 1998 | 0.43 | 1.35B | 3.16B |
| Q2 FY1998 | 30 Jun 1998 | 0.38 | 1.15B | 3.05B |
| Q1 FY1998 | 31 Mar 1998 | 0.40 | 1.16B | 2.91B |
| Q4 FY1997 | 31 Dec 1997 | 0.41 | 1.15B | 2.81B |
| Q3 FY1997 | 30 Sept 1997 | 0.38 | 1.03B | 2.67B |
| Q2 FY1997 | 30 Jun 1997 | 0.44 | 1.15B | 2.58B |
| Q1 FY1997 | 31 Mar 1997 | 0.45 | 1.10B | 2.46B |
| Q4 FY1996 | 31 Dec 1996 | 0.50 | 1.21B | 2.40B |
| Q3 FY1996 | 30 Sept 1996 | 0.32 | 735.00M | 2.28B |
| Q2 FY1996 | 30 Jun 1996 | 0.38 | 820.00M | 2.17B |
| Q1 FY1996 | 31 Mar 1996 | 0.36 | 732.60M | 2.04B |
| Q4 FY1995 | 31 Dec 1995 | 0.41 | 791.80M | 1.92B |
| Q3 FY1995 | 30 Sept 1995 | 0.24 | 429.20M | 1.83B |
| Q2 FY1995 | 30 Jun 1995 | 0.25 | 429.40M | 1.75B |
| Q1 FY1995 | 31 Mar 1995 | 0.21 | 341.00M | 1.61B |
| Q4 FY1994 | 31 Dec 1994 | 0.22 | 340.00M | 1.54B |
| Q3 FY1994 | 30 Sept 1994 | 0.24 | 339.70M | 1.44B |
| Q2 FY1994 | 30 Jun 1994 | 0.30 | 415.50M | 1.37B |
| Q1 FY1994 | 31 Mar 1994 | 0.35 | 462.00M | 1.30B |
| Q4 FY1993 | 31 Dec 1993 | 0.38 | 482.70M | 1.26B |
| Q3 FY1993 | 30 Sept 1993 | 0.42 | 520.80M | 1.23B |
| Q2 FY1993 | 30 Jun 1993 | 0.51 | 610.70M | 1.21B |
| Q1 FY1993 | 31 Mar 1993 | 0.54 | 615.00M | 1.14B |
| Q4 FY1992 | 31 Dec 1992 | 0.25 | 335.30M | 1.34B |
| Q3 FY1992 | 30 Sept 1992 | 0.29 | 392.50M | 1.38B |
| Q2 FY1992 | 30 Jun 1992 | 0.35 | 448.60M | 1.29B |
| Q1 FY1992 | 31 Mar 1992 | 0.38 | 468.90M | 1.25B |
| Q4 FY1991 | 31 Dec 1991 | 0.40 | 489.20M | 1.21B |
| Q3 FY1991 | 30 Sept 1991 | 0.39 | 461.00M | 1.18B |
| Q2 FY1991 | 30 Jun 1991 | 0.43 | 488.20M | 1.15B |
| Q1 FY1991 | 31 Mar 1991 | 0.39 | 441.70M | 1.13B |
| Q4 FY1990 | 31 Dec 1990 | 0.45 | 495.90M | 1.09B |
| Q3 FY1990 | 30 Sept 1990 | 0.49 | 514.70M | 1.06B |
| Q2 FY1990 | 30 Jun 1990 | 0.54 | 522.30M | 968.90M |
| Q1 FY1990 | 31 Mar 1990 | 0.42 | 388.10M | 913.90M |
| Q4 FY1989 | 31 Dec 1989 | 0.43 | 370.50M | 871.10M |
| Q3 FY1989 | 30 Sept 1989 | 0.45 | 371.80M | 832.70M |
| Q2 FY1989 | 30 Jun 1989 | — | — | — |
| Q1 FY1989 | 31 Mar 1989 | — | — | — |
| Q4 FY1988 | 31 Dec 1988 | 0.35 | 257.60M | 744.70M |
| Q3 FY1988 | 30 Sept 1988 | — | — | — |
| Q2 FY1988 | 30 Jun 1988 | — | — | — |
| Q1 FY1988 | 31 Mar 1988 | — | — | — |
| Q4 FY1987 | 31 Dec 1987 | 0.59 | 357.20M | 608.50M |
| Q3 FY1987 | 30 Sept 1987 | — | — | — |
| Q2 FY1987 | 30 Jun 1987 | — | — | — |
| Q1 FY1987 | 31 Mar 1987 | — | — | — |
| Q4 FY1986 | 31 Dec 1986 | 1.06 | 504.00M | 476.60M |
| Q3 FY1986 | 30 Sept 1986 | — | — | — |
| Q2 FY1986 | 30 Jun 1986 | — | — | — |
| Q1 FY1986 | 31 Mar 1986 | — | — | — |
| Q4 FY1985 | 31 Dec 1985 | 0.04 | 17.60M | 403.40M |
| Q3 FY1985 | 30 Sept 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Current ratio,All ratios
Common questions about Illinois Tool Works's debt to equity
Source: Financial Modeling PrepVerified against SEC filings