Other
Depreciation
Illinois Tool Works Depreciation decreased by 2.4% to $81.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.5%, from $74.00M to $81.00M. Over 4 years (FY 2021 to FY 2025), Depreciation shows an upward trend with a 3.4% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026
How to read this metric
High depreciation relative to revenue may indicate a capital-intensive business model or significant recent investment in infrastructure.
Detailed definition
The systematic allocation of the cost of tangible assets over their useful lives. This non-cash expense reflects the wea...
Peer comparison
Standard accounting metric across all capital-intensive industries.
Metric ID:
other_depreciationHistorical 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 | $70.00M | $70.00M | $71.00M | $71.00M | $69.00M | $69.00M | $67.00M | $68.00M | $70.00M | $70.00M | $74.00M | $72.00M | $74.00M | $78.00M | $77.00M | $74.00M | $78.00M | $82.00M | $83.00M | $81.00M |
| QoQ Change | — | +0.0% | +1.4% | +0.0% | -2.8% | +0.0% | -2.9% | +1.5% | +2.9% | +0.0% | +5.7% | -2.7% | +2.8% | +5.4% | -1.3% | -3.9% | +5.4% | +5.1% | +1.2% | -2.4% |
| YoY Change | — | — | — | — | -1.4% | -1.4% | -5.6% | -4.2% | +1.4% | +1.4% | +10.4% | +5.9% | +5.7% | +11.4% | +4.1% | +2.8% | +5.4% | +5.1% | +7.8% | +9.5% |
Range$67.00M – $83.00M
CAGR+3.1%
Avg YoY Growth+3.6%
Median YoY Growth+4.6%
Depreciation at Other Companies
Frequently Asked Questions
- What is Illinois Tool Works's depreciation?
- Illinois Tool Works (ITW) reported depreciation of $81.00M in Q1 2026.
- How has Illinois Tool Works's depreciation changed year-over-year?
- Illinois Tool Works's depreciation increased by 9.5% year-over-year, from $74.00M to $81.00M.
- What is the long-term trend for Illinois Tool Works's depreciation?
- Over 4 years (2021 to 2025), Illinois Tool Works's depreciation has grown at a 3.4% compound annual growth rate (CAGR), from $277.00M to $317.00M.
- What does depreciation mean?
- The annual expense representing the aging and usage of physical assets.