Current Assets
Cash & Equivalents
Illinois Tool Works Cash & Equivalents decreased by 2.8% to $827M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.3%, from $873M to $827M. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows a downward trend with a -19.8% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityVolatile
First reportedQ4 2012
Last reportedQ1 2026May 7, 2026
How to read this metric
An increase suggests strong liquidity and potential for future investment, while a decrease may indicate heavy capital expenditure or debt repayment.
Detailed definition
This represents the most liquid assets held by the company, including currency, demand deposits, and short-term investme...
Peer comparison
Peers in the industrial sector typically maintain cash balances proportional to their working capital needs and acquisition strategies.
Metric ID:
cash_and_equivalentsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.06B | $1.99B | $1.53B | $1.3B | $879M | $774M | $708M | $1.14B | $922M | $990M | $1.07B | $959M | $862M | $947M | $948M | $873M | $788M | $924M | $851M | $827M |
| QoQ Change | — | -3.4% | -23.2% | -15.1% | -32.2% | -11.9% | -8.5% | +61.4% | -19.3% | +7.4% | +7.6% | -10.0% | -10.1% | +9.9% | +0.1% | -7.9% | -9.7% | +17.3% | -7.9% | -2.8% |
| YoY Change | — | — | — | — | -57.3% | -61.0% | -53.6% | -11.8% | +4.9% | +27.9% | +50.4% | -16.1% | -6.5% | -4.3% | -11.0% | -9.0% | -8.6% | -2.4% | -10.2% | -5.3% |
Range$708M – $2.06B
CAGR-17.5%
Avg YoY Growth-10.9%
Median YoY Growth-8.8%
Current Streak2 quarters decline
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is Illinois Tool Works's cash & equivalents?
- Illinois Tool Works (ITW) reported cash & equivalents of $827M in Q1 2026.
- How has Illinois Tool Works's cash & equivalents changed year-over-year?
- Illinois Tool Works's cash & equivalents decreased by 5.3% year-over-year, from $873M to $827M.
- What is the long-term trend for Illinois Tool Works's cash & equivalents?
- Over 5 years (2020 to 2025), Illinois Tool Works's cash & equivalents has grown at a -19.8% compound annual growth rate (CAGR), from $2.56B to $851M.
- What does cash & equivalents mean?
- The total amount of cash and highly liquid short-term investments available to the company.