Short-term debt and current portion of long-term debt
Illinois Tool Works Short-term debt and current portion of long-term debt increased by 11.3% to $2.55B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 159.4%, from $981M to $2.55B. Over 5 years (FY 2020 to FY 2025), Short-term debt and current portion of long-term debt shows an upward trend with a 45.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase may signal tighter liquidity or a shift toward short-term financing, while a decrease indicates debt repayment or refinancing into long-term instruments.
Detailed definition
This metric captures the portion of debt obligations and financial liabilities that are due for repayment within the nex...
Peer comparison
Peer industrial companies typically manage this based on working capital cycles and interest rate environments.
other_debt_currentHistorical Data
| Q4 '21 | 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 | $778M | $1.59B | $2.87B | $1.28B | $1.25B | $1.83B | $2.07B | $2.04B | $1.77B | $1.56B | $981M | $1.24B | $1.27B | $2.29B | $2.55B |
| QoQ Change | — | +104.4% | +80.5% | -55.6% | -2.1% | +46.2% | +13.2% | -1.1% | -13.5% | -12.0% | -36.9% | +26.6% | +2.0% | +80.4% | +11.3% |
| YoY Change | — | +104.4% | — | — | — | +14.8% | -28.0% | +60.3% | +41.7% | -14.8% | -52.5% | -39.2% | -28.3% | +47.0% | +159.4% |
Short-term debt and current portion of long-term debt at Other Companies
Frequently Asked Questions
- What is Illinois Tool Works's short-term debt and current portion of long-term debt?
- Illinois Tool Works (ITW) reported short-term debt and current portion of long-term debt of $2.55B in Q1 2026.
- How has Illinois Tool Works's short-term debt and current portion of long-term debt changed year-over-year?
- Illinois Tool Works's short-term debt and current portion of long-term debt increased by 159.4% year-over-year, from $981M to $2.55B.
- What is the long-term trend for Illinois Tool Works's short-term debt and current portion of long-term debt?
- Over 5 years (2020 to 2025), Illinois Tool Works's short-term debt and current portion of long-term debt has grown at a 45.5% compound annual growth rate (CAGR), from $350M to $2.29B.
- What does short-term debt and current portion of long-term debt mean?
- The amount of debt the company must pay back within one year.