Investing

CapEx

Illinois Tool Works CapEx decreased by 9.5% to $95.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.0%, from $96.00M to $95.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 9.1% CAGR.

Analysis

StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.

Detailed definition

Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...

Peer comparison

Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.

Metric ID: cf_capital_expenditures

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$78.00M$71.00M$79.00M$74.00M$81.00M$101.00M$156.00M$113.00M$85.00M$126.00M$131.00M$95.00M$116.00M$108.00M$118.00M$96.00M$101.00M$117.00M$105.00M$95.00M
QoQ Change-9.0%+11.3%-6.3%+9.5%+24.7%+54.5%-27.6%-24.8%+48.2%+4.0%-27.5%+22.1%-6.9%+9.3%-18.6%+5.2%+15.8%-10.3%-9.5%
YoY Change+3.8%+42.3%+97.5%+52.7%+4.9%+24.8%-16.0%-15.9%+36.5%-14.3%-9.9%+1.1%-12.9%+8.3%-11.0%-1.0%
Range$71.00M$156.00M
CAGR+4.2%
Avg YoY Growth+11.9%
Median YoY Growth+2.4%
Current Streak2 quarters decline

Frequently Asked Questions

What is Illinois Tool Works's capex?
Illinois Tool Works (ITW) reported capex of $95.00M in Q1 2026.
How has Illinois Tool Works's capex changed year-over-year?
Illinois Tool Works's capex decreased by 1.0% year-over-year, from $96.00M to $95.00M.
What is the long-term trend for Illinois Tool Works's capex?
Over 4 years (2021 to 2025), Illinois Tool Works's capex has grown at a 9.1% compound annual growth rate (CAGR), from $296.00M to $419.00M.
What does capex mean?
The money spent on long-term physical assets like machinery, data centers, and office buildings.