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Non-Current Assets

Total Assets

Illinois Tool Works Total Assets increased by 0.7% to $16.26B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.1%, from $15.47B to $16.26B. Over 5 years (FY 2020 to FY 2025), Total Assets shows relatively stable performance with a 0.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase suggests capital expansion or acquisition, while a decrease may indicate asset divestiture or depreciation.

Detailed definition

Total assets represent the aggregate value of all economic resources owned by the company, including both current and no...

Peer comparison

Varies significantly by industry; capital-intensive manufacturers typically hold higher asset bases than service-oriented firms.

Metric ID: total_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$15.58B$15.52B$16.08B$16.29B$15.67B$15.23B$15.42B$15.92B$15.65B$15.4B$15.52B$15.07B$15.58B$15.82B$15.07B$15.47B$16.05B$16.14B$16.15B$16.26B
QoQ Change-0.4%+3.6%+1.3%-3.8%-2.8%+1.3%+3.2%-1.7%-1.6%+0.8%-2.9%+3.4%+1.6%-4.8%+2.7%+3.7%+0.5%+0.1%+0.7%
YoY Change+0.6%-1.9%-4.1%-2.2%-0.1%+1.1%+0.6%-5.4%-0.5%+2.8%-2.9%+2.7%+3.0%+2.0%+7.2%+5.1%
Range$15.07B$16.29B
CAGR+0.9%
Avg YoY Growth+0.5%
Median YoY Growth+0.6%
Current Streak5 quarters growth

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Automotive OEM$15.58B$15.82B$15.07B$15.47B$16.05B$16.14B$16.15B$16.26B
Construction Products$15.58B$15.82B$15.07B$15.47B$16.05B$16.14B$16.15B$16.26B
Food Equipment$15.58B$15.82B$15.07B$15.47B$16.05B$16.14B$16.15B$16.26B
Polymers And Fluids$15.58B$15.82B$16.05B$16.14B$16.15B$16.26B
Specialty Products$15.58B$15.82B$15.07B$15.47B$16.05B$16.14B$16.15B$16.26B
Testand Measurementand Electronics$15.58B$15.82B$15.07B$15.47B$16.05B$16.14B$16.15B$16.26B
Welding$15.58B$15.82B$15.07B$15.47B$16.05B$16.14B$16.15B$16.26B
Total$15.58B$15.82B$15.07B$15.47B$16.05B$16.14B$16.15B$16.26B

Automotive OEM, Construction Products, Food Equipment, Polymers And Fluids, Specialty Products, Testand Measurementand Electronics, Welding were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Illinois Tool Works's total assets?
Illinois Tool Works (ITW) reported total assets of $16.26B in Q1 2026.
How has Illinois Tool Works's total assets changed year-over-year?
Illinois Tool Works's total assets increased by 5.1% year-over-year, from $15.47B to $16.26B.
What is the long-term trend for Illinois Tool Works's total assets?
Over 5 years (2020 to 2025), Illinois Tool Works's total assets has grown at a 0.7% compound annual growth rate (CAGR), from $15.61B to $16.15B.
What does total assets mean?
The total value of everything the company owns.