Illinois Tool Works Effective Income Tax Rate, Continuing Operations decreased by 5.5% to $0.21 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.1%, from $0.22 to $0.21.
cop_effective_income_tax_rate_continuing_operations| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.10 | $0.21 | $0.23 | $0.18 | $0.24 | $0.23 | $0.21 | $0.24 | $0.24 | $0.24 | $0.15 | $0.22 | $0.24 | $0.22 | $0.21 |
| QoQ Change | — | +105.9% | +11.1% | -20.8% | +30.6% | -5.4% | -5.3% | +11.2% | -0.8% | +3.4% | -38.9% | +45.6% | +12.4% | -10.7% | -5.5% |
| YoY Change | — | — | — | +81.2% | +14.9% | -2.2% | +16.9% | -0.4% | +4.4% | +14.0% | -37.4% | -8.1% | +0.0% | +46.3% | -5.1% |