Other
Deferred Taxes
Illinois Tool Works Deferred Taxes increased by 2.6% to $158M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 24.4%, from $127M to $158M. Over 5 years (FY 2020 to FY 2025), Deferred Taxes shows a downward trend with a -23.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026May 7, 2026
How to read this metric
Changes often reflect shifts in depreciation methods, asset valuations, or tax law changes rather than immediate operational performance.
Detailed definition
Deferred income tax liabilities arise from temporary differences between the financial reporting and tax reporting of as...
Peer comparison
Common in capital-intensive industries where depreciation schedules differ for tax and financial purposes.
Metric ID:
other_deferred_income_tax_liabilities_netHistorical 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 | $617M | $633M | $654M | $627M | $632M | $655M | $484M | $477M | $451M | $464M | $326M | $380M | $381M | $129M | $119M | $127M | $144M | $149M | $154M | $158M |
| QoQ Change | — | +2.6% | +3.3% | -4.1% | +0.8% | +3.6% | -26.1% | -1.4% | -5.5% | +2.9% | -29.7% | +16.6% | +0.3% | -66.1% | -7.8% | +6.7% | +13.4% | +3.5% | +3.4% | +2.6% |
| YoY Change | — | — | — | — | +2.4% | +3.5% | -26.0% | -23.9% | -28.6% | -29.2% | -32.6% | -20.3% | -15.5% | -72.2% | -63.5% | -66.6% | -62.2% | +15.5% | +29.4% | +24.4% |
Range$119M – $655M
CAGR-24.9%
Avg YoY Growth-22.8%
Median YoY Growth-25.0%
Current Streak5 quarters growth
Deferred Taxes at Other Companies
Frequently Asked Questions
- What is Illinois Tool Works's deferred taxes?
- Illinois Tool Works (ITW) reported deferred taxes of $158M in Q1 2026.
- How has Illinois Tool Works's deferred taxes changed year-over-year?
- Illinois Tool Works's deferred taxes increased by 24.4% year-over-year, from $127M to $158M.
- What is the long-term trend for Illinois Tool Works's deferred taxes?
- Over 5 years (2020 to 2025), Illinois Tool Works's deferred taxes has grown at a -23.5% compound annual growth rate (CAGR), from $588M to $154M.
- What does deferred taxes mean?
- Future tax obligations resulting from differences between accounting and tax rules.