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 reportedQ4 2014
Last reportedQ1 2026May 7, 2026
How to read this metric
A higher value relative to current liabilities indicates a stronger short-term liquidity position and lower insolvency risk.
Detailed definition
This is the aggregate value of all assets that are reasonably expected to be converted into cash or consumed within one...
Peer comparison
Used by investors to calculate the current ratio, which is a standard liquidity benchmark across the industrial sector.
Metric ID:
total_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 | $6.51B | $6.58B | $6.37B | $6.68B | $6.37B | $6.2B | $6.27B | $6.69B | $6.4B | $6.29B | $6.24B | $6.37B | $6.26B | $6.3B | $5.86B | $6.04B | $6.23B | $6.32B | $6.2B | $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%
Total Current Assets at Other Companies
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 $6.2B.
- What does total current assets mean?
- The sum of all assets that the company expects to turn into cash within one year.