Current Assets
Inventories
Illinois Tool Works Inventories increased by 4.0% to $1.73B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.8%, from $1.66B to $1.73B. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 6.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026
How to read this metric
High inventory levels relative to sales can signal slowing demand or supply chain inefficiencies, while low levels may risk stockouts.
Detailed definition
This includes the value of raw materials, work-in-progress, and finished goods held by the company for production and sa...
Peer comparison
Industrial peers typically manage inventory turnover ratios to ensure lean operations and capital efficiency.
Metric ID:
inventoriesHistorical 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 | $1.4B | $1.52B | $1.69B | $1.88B | $1.98B | $2.01B | $2.05B | $2B | $1.92B | $1.8B | $1.71B | $1.83B | $1.82B | $1.82B | $1.61B | $1.66B | $1.71B | $1.73B | $1.66B | $1.73B |
| QoQ Change | — | +8.9% | +11.2% | +11.2% | +4.9% | +1.6% | +2.3% | -2.6% | -4.0% | -6.4% | -5.1% | +6.9% | -0.3% | -0.1% | -11.7% | +3.6% | +2.8% | +0.9% | -3.8% | +4.0% |
| YoY Change | — | — | — | — | +41.1% | +31.7% | +21.3% | +6.2% | -2.7% | -10.4% | -16.9% | -8.8% | -5.3% | +1.0% | -6.0% | -8.9% | -6.0% | -5.1% | +3.4% | +3.8% |
Range$1.4B – $2.05B
CAGR+4.5%
Avg YoY Growth+2.4%
Median YoY Growth-3.9%
Inventories at Other Companies
Frequently Asked Questions
- What is Illinois Tool Works's inventories?
- Illinois Tool Works (ITW) reported inventories of $1.73B in Q1 2026.
- How has Illinois Tool Works's inventories changed year-over-year?
- Illinois Tool Works's inventories increased by 3.8% year-over-year, from $1.66B to $1.73B.
- What is the long-term trend for Illinois Tool Works's inventories?
- Over 5 years (2020 to 2025), Illinois Tool Works's inventories has grown at a 6.9% compound annual growth rate (CAGR), from $1.19B to $1.66B.
- What does inventories mean?
- The total value of all goods held by the company that are intended for production or sale.