Current Assets

Total Current Assets

Illinois Tool Works Total Current Assets increased by 2.2% to $6.34B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.9%, from $6.04B to $6.34B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows relatively stable performance with a -1.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ3 2015
Last reportedQ4 2025

How to read this metric

A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.

Detailed definition

The sum of all assets that are reasonably expected to be converted into cash or consumed within one year. This aggregate...

Peer comparison

High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.

Metric ID: total_current_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$6.51B$6.58B$6.37B$6.68B$6.37B$6.20B$6.27B$6.69B$6.40B$6.29B$6.24B$6.37B$6.26B$6.30B$5.86B$6.04B$6.23B$6.32B$6.20B$6.34B
QoQ Change+1.0%-3.1%+4.8%-4.7%-2.7%+1.2%+6.7%-4.2%-1.8%-0.8%+2.2%-1.8%+0.8%-7.1%+3.1%+3.3%+1.4%-1.9%+2.2%
YoY Change-2.1%-5.8%-1.6%+0.1%+0.5%+1.5%-0.6%-4.7%-2.3%+0.3%-6.1%-5.2%-0.4%+0.3%+5.9%+4.9%
Range$5.86B$6.69B
CAGR-0.6%
Avg YoY Growth-1.0%
Median YoY Growth-0.5%

Frequently Asked Questions

What is Illinois Tool Works's total current assets?
Illinois Tool Works (ITW) reported total current assets of $6.34B in Q1 2026.
How has Illinois Tool Works's total current assets changed year-over-year?
Illinois Tool Works's total current assets increased by 4.9% year-over-year, from $6.04B to $6.34B.
What is the long-term trend for Illinois Tool Works's total current assets?
Over 5 years (2020 to 2025), Illinois Tool Works's total current assets has grown at a -1.0% compound annual growth rate (CAGR), from $6.52B to $6.20B.
What does total current assets mean?
Everything the company owns that can be turned into cash within a single year.