Non-Current Assets

PP&E (Net)

Illinois Tool Works PP&E (Net) remained flat by 0.0% to $2.23B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.0%, from $2.09B to $2.23B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 4.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2025

How to read this metric

An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.

Detailed definition

The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...

Peer comparison

Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.

Metric ID: property_plant_equipment_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.77B$1.74B$1.81B$1.80B$1.74B$1.71B$1.85B$1.89B$1.90B$1.90B$1.98B$1.97B$2.01B$2.07B$2.04B$2.09B$2.18B$2.20B$2.23B$2.23B
QoQ Change-1.3%+3.7%-0.8%-3.3%-1.8%+8.4%+2.0%+0.8%+0.2%+3.8%-0.2%+1.9%+3.0%-1.7%+2.4%+4.4%+1.2%+1.2%+0.0%
YoY Change-1.8%-2.2%+2.2%+5.0%+9.5%+11.7%+6.9%+4.7%+5.8%+8.8%+3.0%+5.7%+8.3%+6.4%+9.5%+7.0%
Range$1.71B$2.23B
CAGR+5.0%
Avg YoY Growth+5.6%
Median YoY Growth+6.1%
Current Streak5 quarters growth

Frequently Asked Questions

What is Illinois Tool Works's pp&e (net)?
Illinois Tool Works (ITW) reported pp&e (net) of $2.23B in Q1 2026.
How has Illinois Tool Works's pp&e (net) changed year-over-year?
Illinois Tool Works's pp&e (net) increased by 7.0% year-over-year, from $2.09B to $2.23B.
What is the long-term trend for Illinois Tool Works's pp&e (net)?
Over 5 years (2020 to 2025), Illinois Tool Works's pp&e (net) has grown at a 4.6% compound annual growth rate (CAGR), from $1.78B to $2.23B.
What does pp&e (net) mean?
The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.