Other
Increase (Decrease) in Deferred Income Taxes
Illinois Tool Works Increase (Decrease) in Deferred Income Taxes decreased by 111.1% to -$1.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 105.9%, from $17.00M to -$1.00M.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2015
Last reportedQ1 2026May 7, 2026
How to read this metric
Fluctuations reflect changes in tax planning, capital expenditure timing, or accounting policy impacts.
Detailed definition
The net change in deferred tax assets and liabilities resulting from temporary differences between the financial reporti...
Peer comparison
Standard line item in cash flow statements for all large corporations.
Metric ID:
other_increase_decrease_in_deferred_income_taxesHistorical Data
14 periods
| Q2 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $108.00M | $37.00M | $23.00M | $12.00M | -$3.00M | $8.00M | -$10.00M | -$44.00M | -$2.00M | $212.00M | $17.00M | $13.00M | $9.00M | -$1.00M |
| QoQ Change | — | -65.7% | -37.8% | -47.8% | -125.0% | +366.7% | -225.0% | -340.0% | +95.5% | >999% | -92.0% | -23.5% | -30.8% | -111.1% |
| YoY Change | — | — | -78.7% | — | -108.1% | -65.2% | -183.3% | <-999% | -125.0% | >999% | +138.6% | +750.0% | -95.8% | -105.9% |
Range-$44.00M – $212.00M
CAGR-76.3%
Avg YoY Growth+89.1%
Median YoY Growth-95.8%
Current Streak4 quarters decline
Increase (Decrease) in Deferred Income Taxes at Other Companies
Frequently Asked Questions
- What is Illinois Tool Works's increase (decrease) in deferred income taxes?
- Illinois Tool Works (ITW) reported increase (decrease) in deferred income taxes of -$1.00M in Q1 2026.
- How has Illinois Tool Works's increase (decrease) in deferred income taxes changed year-over-year?
- Illinois Tool Works's increase (decrease) in deferred income taxes decreased by 105.9% year-over-year, from $17.00M to -$1.00M.
- What does increase (decrease) in deferred income taxes mean?
- The change in tax amounts owed or saved in the future due to accounting timing differences.