Business Segments · Goodwill
Specialty Products — Goodwill
Illinois Tool Works Specialty Products — Goodwill increased by 480.9% 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), Specialty 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
An increase suggests recent acquisition activity, while a significant decrease may indicate impairment charges due to underperforming acquisitions.
Detailed definition
This represents the intangible asset value recorded when the Specialty Products segment acquires another business for a...
Peer comparison
Standard balance sheet item for segments that have grown through M&A activity.
Metric ID:
itw_segment_specialty_products_goodwillHistorical Data
25 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.66B | $4.61B | $4.97B | $869M | $5.01B | $4.87B | $4.76B | $4.86B | $853M | $4.88B | $4.89B | $4.83B | $4.91B | $866M | $4.9B | $4.91B | $4.98B | $4.84B | $841M | $4.9B | $5.04B | $5.03B | $5.1B | $875M | $5.08B |
| QoQ Change | — | -1.0% | +7.7% | -82.5% | +476.3% | -2.8% | -2.3% | +2.2% | -82.5% | +472.6% | +0.1% | -1.2% | +1.7% | -82.4% | +466.3% | +0.1% | +1.4% | -2.8% | -82.6% | +483.0% | +2.8% | -0.2% | +1.4% | -82.8% | +480.9% |
| YoY Change | — | — | — | — | — | +4.6% | +3.2% | -2.0% | -82.8% | -2.5% | +0.3% | +1.4% | +0.9% | -82.2% | +0.4% | +0.5% | +3.1% | -1.4% | -82.9% | -0.0% | +2.6% | +1.0% | +5.4% | -81.9% | +3.7% |
Range$841M – $5.1B
CAGR+1.5%
Avg YoY Growth-15.4%
Median YoY Growth+0.4%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Illinois Tool Works's specialty products — goodwill?
- Illinois Tool Works (ITW) reported specialty products — goodwill of $5.08B in Q1 2026.
- How has Illinois Tool Works's specialty products — goodwill changed year-over-year?
- Illinois Tool Works's specialty 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 specialty products — goodwill?
- Over 5 years (2020 to 2025), Illinois Tool Works's specialty products — goodwill has grown at a 1.7% compound annual growth rate (CAGR), from $4.69B to $5.1B.
- What does specialty products — goodwill mean?
- The value of intangible assets acquired through business combinations within the Specialty Products segment.