Illinois Tool Works Cash & Equivalents decreased by 2.8% to $827.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.3%, from $873.00M to $827.00M. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows a downward trend with a -19.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase signals improved liquidity and financial flexibility, while a decrease may indicate heavy capital expenditure, debt repayment, or aggressive share buybacks.
Represents the most liquid assets on the balance sheet, including physical currency and short-term investments with matu...
Large-cap technology peers often maintain high cash balances to fund rapid innovation and offset the cyclical nature of consumer electronics.
cash_and_equivalents| 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 | $1.30B | $879.00M | $774.00M | $708.00M | $1.14B | $922.00M | $990.00M | $1.07B | $959.00M | $862.00M | $947.00M | $948.00M | $873.00M | $788.00M | $924.00M | $851.00M | $827.00M |
| 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% |