What is Illinois Tool Works's income taxes paid, net?

Illinois Tool Works (ITW) reported income taxes paid, net of $205.00M in Q1 2026.

How has Illinois Tool Works's income taxes paid, net changed year-over-year?

Illinois Tool Works's income taxes paid, net increased by 47.5% year-over-year, from $139.00M to $205.00M.

What is the long-term trend for Illinois Tool Works's income taxes paid, net?

Over 4 years (2021 to 2025), Illinois Tool Works's income taxes paid, net has grown at a 9.5% compound annual growth rate (CAGR), from $731.00M to $1.05B.

Other

Income Taxes Paid, Net

Illinois Tool Works Income Taxes Paid, Net increased by 7.9% to $205.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 47.5%, from $139.00M to $205.00M. Over 4 years (FY 2021 to FY 2025), Income Taxes Paid, Net shows an upward trend with a 9.5% CAGR.

Analysis

StatementIncome Statement

SectionOther

First reportedQ1 2013

Last reportedQ1 2026May 7, 2026

Metric ID: other_income_taxes_paid_net

Historical 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	$269.00M	$203.00M	$173.00M	$102.00M	$404.00M	$262.00M	$225.00M	$128.00M	$422.00M	$241.00M	$235.00M	$152.00M	$485.00M	$323.00M	$220.00M	$139.00M	$523.00M	$200.00M	$190.00M	$205.00M
QoQ Change	—	-24.5%	-14.8%	-41.0%	+296.1%	-35.1%	-14.1%	-43.1%	+229.7%	-42.9%	-2.5%	-35.3%	+219.1%	-33.4%	-31.9%	-36.8%	+276.3%	-61.8%	-5.0%	+7.9%
YoY Change	—	—	—	—	+50.2%	+29.1%	+30.1%	+25.5%	+4.5%	-8.0%	+4.4%	+18.8%	+14.9%	+34.0%	-6.4%	-8.6%	+7.8%	-38.1%	-13.6%	+47.5%

Range$102.00M – $523.00M

CAGR-5.6%

Avg YoY Growth+12.0%

Median YoY Growth+11.4%

Frequently Asked Questions

What is Illinois Tool Works's income taxes paid, net?: Illinois Tool Works (ITW) reported income taxes paid, net of $205.00M in Q1 2026.
How has Illinois Tool Works's income taxes paid, net changed year-over-year?: Illinois Tool Works's income taxes paid, net increased by 47.5% year-over-year, from $139.00M to $205.00M.
What is the long-term trend for Illinois Tool Works's income taxes paid, net?: Over 4 years (2021 to 2025), Illinois Tool Works's income taxes paid, net has grown at a 9.5% compound annual growth rate (CAGR), from $731.00M to $1.05B.