Non-Current Assets

Other intangible assets—net

Illinois Tool Works Other intangible assets—net decreased by 2.9% to $574.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.3%, from $572.00M to $574.00M. Over 5 years (FY 2020 to FY 2025), Other intangible assets—net shows a downward trend with a -5.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryMarket Position
SignalContext dependent
VolatilityModerate
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

An increase typically follows acquisitions, while a steady decrease reflects ongoing amortization of existing intangible assets.

Detailed definition

This represents the net book value of identifiable non-physical assets such as acquired technology, patents, customer li...

Peer comparison

Standard for companies that grow through M&A, often labeled 'Intangible assets, net'.

Metric ID: non_current_assets_intangible_assets_net_excluding_goodwill

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$716.00M$683.00M$972.00M$875.00M$832.00M$798.00M$768.00M$738.00M$708.00M$682.00M$657.00M$653.00M$641.00M$617.00M$592.00M$572.00M$558.00M$540.00M$591.00M$574.00M
QoQ Change-4.6%+42.3%-10.0%-4.9%-4.1%-3.8%-3.9%-4.1%-3.7%-3.7%-0.6%-1.8%-3.7%-4.1%-3.4%-2.4%-3.2%+9.4%-2.9%
YoY Change+16.2%+16.8%-21.0%-15.7%-14.9%-14.5%-14.5%-11.5%-9.5%-9.5%-9.9%-12.4%-12.9%-12.5%-0.2%+0.3%
Range$540.00M$972.00M
CAGR-4.5%
Avg YoY Growth-7.8%
Median YoY Growth-12.0%

Frequently Asked Questions

What is Illinois Tool Works's other intangible assets—net?
Illinois Tool Works (ITW) reported other intangible assets—net of $574.00M in Q1 2026.
How has Illinois Tool Works's other intangible assets—net changed year-over-year?
Illinois Tool Works's other intangible assets—net increased by 0.3% year-over-year, from $572.00M to $574.00M.
What is the long-term trend for Illinois Tool Works's other intangible assets—net?
Over 5 years (2020 to 2025), Illinois Tool Works's other intangible assets—net has grown at a -5.4% compound annual growth rate (CAGR), from $781.00M to $591.00M.
What does other intangible assets—net mean?
The value of non-physical assets like patents and acquired technology, excluding goodwill.