Tax

Effective Tax Rate, Continuing Operations

Illinois Tool Works Effective Tax Rate, Continuing Operations decreased by 10.7% to $0.22 in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 46.3%, from $0.15 to $0.22.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2023
Last reportedQ4 2025

How to read this metric

A lower rate may indicate tax efficiency or reliance on tax credits, while a higher rate may suggest increased tax burdens or lack of tax optimization.

Detailed definition

The ratio of the provision for income taxes to income from continuing operations before taxes. It represents the actual...

Peer comparison

A standard financial metric reported by all public companies to assess tax efficiency.

Metric ID: is_cat_effective_tax_rate_continuing_operations

Historical Data

14 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25
Value0.10.20.20.20.20.20.20.20.20.20.10.20.20.2
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%
YoY Change+81.2%+14.9%-2.2%+16.9%-0.4%+4.4%+14.0%-37.4%-8.1%+0.0%+46.3%
Range0.10.2
CAGR+26.7%
Avg YoY Growth+11.8%
Median YoY Growth+4.4%

Frequently Asked Questions

What is Illinois Tool Works's effective tax rate, continuing operations?
Illinois Tool Works (ITW) reported effective tax rate, continuing operations of $0.22 in Q3 2025.
How has Illinois Tool Works's effective tax rate, continuing operations changed year-over-year?
Illinois Tool Works's effective tax rate, continuing operations increased by 46.3% year-over-year, from $0.15 to $0.22.
What does effective tax rate, continuing operations mean?
The actual percentage of pre-tax income paid in taxes from ongoing business activities.