Business Segments · Goodwill
Testand Measurementand Electronics — Goodwill
Illinois Tool Works Testand Measurementand Electronics — Goodwill increased by 169.9% 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), Testand Measurementand Electronics — 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; sudden decreases may signal impairment charges due to underperforming acquisitions.
Detailed definition
This represents the intangible asset value recorded when the company acquires businesses within the Test and Measurement...
Peer comparison
Standard balance sheet item for companies that grow through M&A; peers in the industrial sector often report similar segment-level goodwill.
Metric ID:
itw_segment_test_measurement_and_electronics_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 | $1.71B | $5.01B | $4.87B | $4.76B | $4.86B | $1.73B | $4.88B | $4.89B | $4.83B | $4.91B | $1.74B | $4.9B | $4.91B | $4.98B | $4.84B | $1.78B | $4.9B | $5.04B | $5.03B | $5.1B | $1.88B | $5.08B |
| QoQ Change | — | -1.0% | +7.7% | -65.6% | +193.4% | -2.8% | -2.3% | +2.2% | -64.5% | +182.5% | +0.1% | -1.2% | +1.7% | -64.7% | +182.7% | +0.1% | +1.4% | -2.8% | -63.2% | +175.4% | +2.8% | -0.2% | +1.4% | -63.1% | +169.9% |
| YoY Change | — | — | — | — | — | +4.6% | +3.2% | -2.0% | -65.2% | -2.5% | +0.3% | +1.4% | +0.9% | -64.3% | +0.4% | +0.5% | +3.1% | -1.4% | -63.7% | -0.0% | +2.6% | +1.0% | +5.4% | -61.1% | +3.7% |
Range$1.71B – $5.1B
CAGR+1.5%
Avg YoY Growth-11.7%
Median YoY Growth+0.4%
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Frequently Asked Questions
- What is Illinois Tool Works's testand measurementand electronics — goodwill?
- Illinois Tool Works (ITW) reported testand measurementand electronics — goodwill of $5.08B in Q1 2026.
- How has Illinois Tool Works's testand measurementand electronics — goodwill changed year-over-year?
- Illinois Tool Works's testand measurementand electronics — 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 testand measurementand electronics — goodwill?
- Over 5 years (2020 to 2025), Illinois Tool Works's testand measurementand electronics — goodwill has grown at a 1.7% compound annual growth rate (CAGR), from $4.69B to $5.1B.
- What does testand measurementand electronics — goodwill mean?
- The value of intangible assets like brand and customer loyalty acquired through business purchases in this segment.