Business Segments · Goodwill
Welding — Goodwill
Illinois Tool Works Welding — Goodwill increased by 1901.2% 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), Welding — 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 decrease may indicate impairment charges due to underperforming acquisitions.
Detailed definition
This represents the intangible asset value recorded when the welding segment acquires other businesses for a price excee...
Peer comparison
Common in diversified industrial firms that utilize M&A as a growth strategy.
Metric ID:
itw_segment_welding_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 | $258M | $5.01B | $4.87B | $4.76B | $4.86B | $248M | $4.88B | $4.89B | $4.83B | $4.91B | $251M | $4.9B | $4.91B | $4.98B | $4.84B | $240M | $4.9B | $5.04B | $5.03B | $5.1B | $254M | $5.08B |
| QoQ Change | — | -1.0% | +7.7% | -94.8% | >999% | -2.8% | -2.3% | +2.2% | -94.9% | >999% | +0.1% | -1.2% | +1.7% | -94.9% | >999% | +0.1% | +1.4% | -2.8% | -95.0% | >999% | +2.8% | -0.2% | +1.4% | -95.0% | >999% |
| YoY Change | — | — | — | — | — | +4.6% | +3.2% | -2.0% | -95.0% | -2.5% | +0.3% | +1.4% | +0.9% | -94.8% | +0.4% | +0.5% | +3.1% | -1.4% | -95.1% | -0.0% | +2.6% | +1.0% | +5.4% | -94.8% | +3.7% |
Range$240M – $5.1B
CAGR+1.5%
Avg YoY Growth-17.9%
Median YoY Growth+0.4%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Illinois Tool Works's welding — goodwill?
- Illinois Tool Works (ITW) reported welding — goodwill of $5.08B in Q1 2026.
- How has Illinois Tool Works's welding — goodwill changed year-over-year?
- Illinois Tool Works's welding — 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 welding — goodwill?
- Over 5 years (2020 to 2025), Illinois Tool Works's welding — goodwill has grown at a 1.7% compound annual growth rate (CAGR), from $4.69B to $5.1B.
- What does welding — goodwill mean?
- The value of intangible assets like brand and customer base acquired through business purchases.