What is Illinois Tool Works's dividends payable?

Illinois Tool Works (ITW) reported dividends payable of $463.00M in Q1 2026.

How has Illinois Tool Works's dividends payable changed year-over-year?

Illinois Tool Works's dividends payable increased by 5.5% year-over-year, from $439.00M to $463.00M.

What is the long-term trend for Illinois Tool Works's dividends payable?

Over 2 years (2023 to 2025), Illinois Tool Works's dividends payable has grown at a 5.3% compound annual growth rate (CAGR), from $419.00M to $465.00M.

What does dividends payable mean?

Declared dividends that the company owes to shareholders but has not yet paid.

Current Liabilities

Dividends payable

Illinois Tool Works Dividends payable decreased by 0.4% to $463.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.5%, from $439.00M to $463.00M. Over 2 years (FY 2023 to FY 2025), Dividends payable shows an upward trend with a 5.3% CAGR.

Analysis

StatementBalance Sheet Statement

SectionCurrent Liabilities

CategoryCapital Allocation

SignalContext dependent

VolatilityStable

First reportedQ4 2023

Last reportedQ1 2026May 7, 2026

How to read this metric

Stable or growing levels reflect consistent dividend policies, while sudden changes may indicate shifts in capital allocation strategy.

Detailed definition

Dividends payable represents the amount of cash dividends that have been formally declared by the board of directors but...

Peer comparison

Standard for dividend-paying industrial companies; reflects the timing of board approval and payment cycles.

Metric ID: dividends_payable

Historical Data

7 periods

	Q4 '23	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$419.00M	$441.00M	$439.00M	$437.00M	$467.00M	$465.00M	$463.00M
QoQ Change	—	+5.3%	-0.5%	-0.5%	+6.9%	-0.4%	-0.4%
YoY Change	—	+5.3%	—	—	—	+5.4%	+5.5%

Range$419.00M – $467.00M

CAGR+6.9%

Avg YoY Growth+5.4%

Median YoY Growth+5.4%

Current Streak2 quarters decline

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Frequently Asked Questions

What is Illinois Tool Works's dividends payable?: Illinois Tool Works (ITW) reported dividends payable of $463.00M in Q1 2026.
How has Illinois Tool Works's dividends payable changed year-over-year?: Illinois Tool Works's dividends payable increased by 5.5% year-over-year, from $439.00M to $463.00M.
What is the long-term trend for Illinois Tool Works's dividends payable?: Over 2 years (2023 to 2025), Illinois Tool Works's dividends payable has grown at a 5.3% compound annual growth rate (CAGR), from $419.00M to $465.00M.
What does dividends payable mean?: Declared dividends that the company owes to shareholders but has not yet paid.