Other
Overhead expenses
Illinois Tool Works Overhead expenses increased by 5.0% to $1.08B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.3%, from $1.04B to $1.08B. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2024
Last reportedQ1 2026May 7, 2026
How to read this metric
An increase relative to output suggests declining operational efficiency or rising maintenance requirements, while a decrease indicates better cost management.
Detailed definition
This metric encompasses indirect costs associated with the production process that are not directly tied to specific raw...
Peer comparison
Often categorized as Manufacturing Overhead or Indirect Production Costs in industrial accounting.
Metric ID:
other_cost_of_goods_and_services_sold_overheadHistorical Data
7 periods
| Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $1.03B | $1.05B | $1.01B | $1.04B | $1.04B | $1.03B | $1.08B |
| QoQ Change | — | +1.2% | -3.2% | +2.3% | +0.8% | -1.3% | +5.0% |
| YoY Change | — | — | — | +0.2% | -0.2% | +1.7% | +4.3% |
Range$1.01B – $1.08B
CAGR+3.0%
Avg YoY Growth+1.5%
Median YoY Growth+0.9%
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Test & Measurement and Electronics | $231.00M | $227.00M | $224.00M | $233.00M | $242.00M |
| Automotive OEM | $200.00M | $206.00M | $198.00M | $201.00M | $205.00M |
| Food Equipment | $177.00M | $178.00M | $175.00M | $175.00M | $182.00M |
| Construction Products | $113.00M | $118.00M | $114.00M | $111.00M | $117.00M |
| Welding | $105.00M | $105.00M | $110.00M | $110.00M | $117.00M |
| Specialty Products | $99.00M | $100.00M | $101.00M | $101.00M | $101.00M |
| Polymers and Fluids | $110.00M | — | — | — | — |
| Total | $1.04B | $1.04B | $1.03B | — | $1.08B |
Overhead expenses at Other Companies
Frequently Asked Questions
- What is Illinois Tool Works's overhead expenses?
- Illinois Tool Works (ITW) reported overhead expenses of $1.08B in Q1 2026.
- How has Illinois Tool Works's overhead expenses changed year-over-year?
- Illinois Tool Works's overhead expenses increased by 4.3% year-over-year, from $1.04B to $1.08B.
- What does overhead expenses mean?
- The indirect costs required to maintain and operate production facilities.