Other

Discrete tax (benefit) expense

Illinois Tool Works Discrete tax (benefit) expense increased by 20.9% to -$34.00M in Q1 2026 compared to the prior quarter.

Analysis

StatementIncome Statement
SectionOther
First reportedQ3 2024
Last reportedQ1 2026May 7, 2026
Metric ID: other_discrete_income_tax_expense_benefit_bf3c5b

Historical Data

4 periods
 Q3 '24Q1 '25Q3 '25Q1 '26
Value-$107.00M-$21.00M-$43.00M-$34.00M
QoQ Change+80.4%-104.8%+20.9%
YoY Change+59.8%-61.9%
Range-$107.00M-$21.00M
Avg YoY Growth-1.0%
Median YoY Growth-1.0%

Frequently Asked Questions

What is Illinois Tool Works's discrete tax (benefit) expense?
Illinois Tool Works (ITW) reported discrete tax (benefit) expense of -$34.00M in Q1 2026.