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Business Segments · Goodwill

Construction Products — Goodwill

Illinois Tool Works Construction Products — Goodwill increased by 902.6% to $5.08B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.7%, from $4.9B to $5.08B. Over 5 years (FY 2020 to FY 2025), Construction Products — Goodwill shows relatively stable performance with a 1.7% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ1 2026May 7, 2026
Rolls up toGoodwill

How to read this metric

High levels indicate significant historical acquisition activity, while sudden decreases may signal impairment charges due to underperforming acquisitions.

Detailed definition

This represents the intangible asset value recorded when the construction products segment acquires other businesses for...

Peer comparison

Common in industrial conglomerates that grow through M&A; comparable to goodwill balances in similar manufacturing segments.

Metric ID: itw_segment_construction_products_goodwill

Historical Data

25 periods
 Q2 '21Q3 '21Q4 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q4 '25Q1 '26
Value$4.66B$4.61B$4.97B$518M$5.01B$4.87B$4.76B$4.86B$503M$4.88B$4.89B$4.83B$4.91B$506M$4.9B$4.91B$4.98B$4.84B$488M$4.9B$5.04B$5.03B$5.1B$507M$5.08B
QoQ Change-1.0%+7.7%-89.6%+866.8%-2.8%-2.3%+2.2%-89.7%+871.0%+0.1%-1.2%+1.7%-89.7%+869.2%+0.1%+1.4%-2.8%-89.9%+904.7%+2.8%-0.2%+1.4%-90.1%+902.6%
YoY Change+4.6%+3.2%-2.0%-89.9%-2.5%+0.3%+1.4%+0.9%-89.6%+0.4%+0.5%+3.1%-1.4%-90.1%-0.0%+2.6%+1.0%+5.4%-89.5%+3.7%
Range$488M$5.1B
CAGR+1.5%
Avg YoY Growth-16.9%
Median YoY Growth+0.4%

Frequently Asked Questions

What is Illinois Tool Works's construction products — goodwill?
Illinois Tool Works (ITW) reported construction products — goodwill of $5.08B in Q1 2026.
How has Illinois Tool Works's construction products — goodwill changed year-over-year?
Illinois Tool Works's construction products — goodwill increased by 3.7% year-over-year, from $4.9B to $5.08B.
What is the long-term trend for Illinois Tool Works's construction products — goodwill?
Over 5 years (2020 to 2025), Illinois Tool Works's construction products — goodwill has grown at a 1.7% compound annual growth rate (CAGR), from $4.69B to $5.1B.
What does construction products — goodwill mean?
The value of intangible assets like brand and customer loyalty acquired through business purchases.