Current Assets
Prepaid & Other Current
Illinois Tool Works Prepaid & Other Current decreased by 13.2% to $402M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.5%, from $348M to $402M. Over 5 years (FY 2020 to FY 2025), Prepaid & Other Current shows an upward trend with a 11.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026
How to read this metric
Significant fluctuations may indicate changes in operational scale or timing of large service contracts.
Detailed definition
This category encompasses payments made in advance for goods or services to be received in the future, along with other...
Peer comparison
Standard across all manufacturing firms, generally tracking with the scale of operations and administrative overhead.
Metric ID:
prepaid_and_other_current_assetsHistorical 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 | $265M | $337M | $313M | $377M | $305M | $281M | $329M | $334M | $345M | $336M | $340M | $349M | $325M | $314M | $312M | $348M | $416M | $416M | $463M | $402M |
| QoQ Change | — | +27.2% | -7.1% | +20.4% | -19.1% | -7.9% | +17.1% | +1.5% | +3.3% | -2.6% | +1.2% | +2.6% | -6.9% | -3.4% | -0.6% | +11.5% | +19.5% | +0.0% | +11.3% | -13.2% |
| YoY Change | — | — | — | — | +15.1% | -16.6% | +5.1% | -11.4% | +13.1% | +19.6% | +3.3% | +4.5% | -5.8% | -6.5% | -8.2% | -0.3% | +28.0% | +32.5% | +48.4% | +15.5% |
Range$265M – $463M
CAGR+9.2%
Avg YoY Growth+8.5%
Median YoY Growth+4.8%
Prepaid & Other Current at Other Companies
Frequently Asked Questions
- What is Illinois Tool Works's prepaid & other current?
- Illinois Tool Works (ITW) reported prepaid & other current of $402M in Q1 2026.
- How has Illinois Tool Works's prepaid & other current changed year-over-year?
- Illinois Tool Works's prepaid & other current increased by 15.5% year-over-year, from $348M to $402M.
- What is the long-term trend for Illinois Tool Works's prepaid & other current?
- Over 5 years (2020 to 2025), Illinois Tool Works's prepaid & other current has grown at a 11.9% compound annual growth rate (CAGR), from $264M to $463M.
- What does prepaid & other current mean?
- Assets representing payments made in advance for future services or other short-term miscellaneous resources.