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Illinois Tool Works ITW Net debt / EBITDA

Net debt / EBITDA at other companies

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1.1×-0.2×
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0.7×-0.3×

Other financials

Income statement

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Revenue$4.3B+6.1%
Gross profit$1.9B+6.5%
Operating income$1.1B+7.4%
Net income$815.0M+7.9%
EPS (diluted)$2.84+10.1%

Balance sheet

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Cash & equivalents$839.0M+6.5%
Total debt$6.5B-14.9%
Total assets$16.3B+5.1%

Cash flow

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Operating cash flow$723.0M+31.5%
CapEx$92.0M-8.9%
Free cash flow$631.0M+40.5%

Valuation

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Market cap$82.56B+11.7%
Enterprise value$88.33B+9.2%
P/E25.9×+3.9×
P/S+0.3×

Profitability

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Gross margin44.2%+0.4pp
Operating margin26.5%+0.5pp
Net margin19.4%-1.9pp
FCF margin17.7%+0.5pp

Returns & leverage

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Current ratio1.1×-0.5×

Where this comes from

Calculated from Illinois Tool Works’s reported figures.

Based on the most recent quarter.

The source filing: Illinois Tool Works’s 10-Q, filed May 7, 2026. Open the filing →

Filed
May 7, 2026, 4:05 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000049826-26-000028

FAQ

What is Illinois Tool Works's net debt / EBITDA?
Illinois Tool Works (ITW) reported net debt / EBITDA of 1.3× in Q1 2026.
How has Illinois Tool Works's net debt / EBITDA changed year-over-year?
Illinois Tool Works's net debt / EBITDA decreased by 14.1% year-over-year, from 1.5× to 1.3×.
What is the long-term trend for Illinois Tool Works's net debt / EBITDA?
Over 5 years (2020 to 2025), Illinois Tool Works's net debt / EBITDA has grown at a -3.0% compound annual growth rate (CAGR), from 1.8× to 1.6×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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