Non-Current Assets
Other intangible assets—net
Illinois Tool Works Other intangible assets—net decreased by 2.9% to $574M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.3%, from $572M to $574M. Over 5 years (FY 2020 to FY 2025), Other intangible assets—net shows a downward trend with a -5.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryMarket Position
SignalHigher is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 7, 2026
How to read this metric
Growth in this area often reflects successful R&D or strategic acquisitions of intellectual property.
Detailed definition
This includes identifiable non-physical assets such as patents, trademarks, customer lists, and software, net of accumul...
Peer comparison
Essential for comparing companies that rely on proprietary technology and brand equity.
Metric ID:
non_current_assets_intangible_assets_net_excluding_goodwillHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $716M | $683M | $972M | $875M | $832M | $798M | $768M | $738M | $708M | $682M | $657M | $653M | $641M | $617M | $592M | $572M | $558M | $540M | $591M | $574M |
| 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$540M – $972M
CAGR-4.5%
Avg YoY Growth-7.8%
Median YoY Growth-12.0%
Other intangible assets—net at Other Companies
Frequently Asked Questions
- What is Illinois Tool Works's other intangible assets—net?
- Illinois Tool Works (ITW) reported other intangible assets—net of $574M 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 $572M to $574M.
- 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 $781M to $591M.
- What does other intangible assets—net mean?
- The net value of identifiable non-physical assets like patents, trademarks, and software.