Non-Current Assets
PP&E (Net)
Illinois Tool Works PP&E (Net) remained flat by 0.0% to $2.23B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.0%, from $2.09B to $2.23B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 4.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 7, 2026
How to read this metric
Consistent investment suggests growth and modernization, while a declining net value may indicate under-investment or significant asset aging.
Detailed definition
This represents the net book value of tangible long-lived assets, such as machinery, buildings, and equipment, after acc...
Peer comparison
Capital intensity varies by segment, but this is a core metric for comparing asset-heavy industrial companies.
Metric ID:
property_plant_equipment_netHistorical 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 | $1.77B | $1.74B | $1.81B | $1.8B | $1.74B | $1.71B | $1.85B | $1.89B | $1.9B | $1.9B | $1.98B | $1.97B | $2.01B | $2.07B | $2.04B | $2.09B | $2.18B | $2.2B | $2.23B | $2.23B |
| QoQ Change | — | -1.3% | +3.7% | -0.8% | -3.3% | -1.8% | +8.4% | +2.0% | +0.8% | +0.2% | +3.8% | -0.2% | +1.9% | +3.0% | -1.7% | +2.4% | +4.4% | +1.2% | +1.2% | +0.0% |
| YoY Change | — | — | — | — | -1.8% | -2.2% | +2.2% | +5.0% | +9.5% | +11.7% | +6.9% | +4.7% | +5.8% | +8.8% | +3.0% | +5.7% | +8.3% | +6.4% | +9.5% | +7.0% |
Range$1.71B – $2.23B
CAGR+5.0%
Avg YoY Growth+5.6%
Median YoY Growth+6.1%
Current Streak5 quarters growth
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is Illinois Tool Works's pp&e (net)?
- Illinois Tool Works (ITW) reported pp&e (net) of $2.23B in Q1 2026.
- How has Illinois Tool Works's pp&e (net) changed year-over-year?
- Illinois Tool Works's pp&e (net) increased by 7.0% year-over-year, from $2.09B to $2.23B.
- What is the long-term trend for Illinois Tool Works's pp&e (net)?
- Over 5 years (2020 to 2025), Illinois Tool Works's pp&e (net) has grown at a 4.6% compound annual growth rate (CAGR), from $1.78B to $2.23B.
- What does pp&e (net) mean?
- The net value of the company's physical assets like factories, machinery, and equipment.