Illinois Tool Works (ILT) Ratios
Illinois Tool Works Ratios
CH:ILT's free cash flow for Q3 2026 was $851.00M. For the 2026 fiscal year, CH:ILT's free cash flow was decreased by $-102.00M and operating cash flow was $953.00M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.21 | 1.36 | 1.33 | 1.41 | 1.84 |
| Quick Ratio | 0.89 | 0.99 | 0.97 | 0.95 | 1.35 |
| Cash Ratio | 0.17 | 0.22 | 0.23 | 0.16 | 0.44 |
| Solvency Ratio | 0.27 | 0.33 | 0.27 | 0.28 | 0.25 |
| Operating Cash Flow Ratio | 0.61 | 0.76 | 0.76 | 0.53 | 0.74 |
| Short-Term Operating Cash Flow Coverage | 1.37 | 2.11 | 1.94 | 1.48 | 3.29 |
| Net Current Asset Value | $ -6.72B | $ -5.89B | $ -6.27B | $ -6.06B | $ -6.08B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.56 | 0.54 | 0.54 | 0.52 | 0.49 |
| Debt-to-Equity Ratio | 2.78 | 2.44 | 2.78 | 2.57 | 2.17 |
| Debt-to-Capital Ratio | 0.74 | 0.71 | 0.74 | 0.72 | 0.68 |
| Long-Term Debt-to-Capital Ratio | 0.67 | 0.66 | 0.68 | 0.67 | 0.66 |
| Financial Leverage Ratio | 5.01 | 4.54 | 5.15 | 4.99 | 4.44 |
| Debt Service Coverage Ratio | 1.46 | 2.27 | 1.73 | 2.03 | 3.37 |
| Interest Coverage Ratio | 14.44 | 15.07 | 15.19 | 18.67 | 17.21 |
| Debt to Market Cap | 0.12 | 0.10 | 0.10 | 0.11 | 0.10 |
| Interest Debt Per Share | 31.69 | 28.17 | 28.54 | 26.33 | 25.65 |
| Net Debt to EBITDA | 1.74 | 1.40 | 1.63 | 1.63 | 1.61 |
| Profitability Margins | |||||
| Gross Profit Margin | 44.10% | 43.65% | 41.46% | 39.98% | 40.35% |
| EBIT Margin | 26.54% | 29.59% | 25.39% | 25.39% | 24.41% |
| EBITDA Margin | 29.01% | 32.12% | 27.84% | 27.96% | 27.24% |
| Operating Profit Margin | 26.28% | 26.82% | 25.08% | 23.79% | 24.05% |
| Pretax Profit Margin | 24.72% | 27.81% | 23.74% | 24.11% | 23.01% |
| Net Profit Margin | 19.11% | 21.94% | 18.36% | 19.04% | 18.64% |
| Continuous Operations Profit Margin | 19.11% | 21.94% | 18.36% | 19.04% | 18.64% |
| Net Income Per EBT | 77.31% | 78.88% | 77.35% | 78.97% | 81.00% |
| EBT Per EBIT | 94.07% | 103.71% | 94.63% | 101.37% | 95.66% |
| Return on Assets (ROA) | 18.99% | 23.15% | 19.06% | 19.67% | 16.76% |
| Return on Equity (ROE) | 95.07% | 105.19% | 98.17% | 98.25% | 74.32% |
| Return on Capital Employed (ROCE) | 38.25% | 39.63% | 37.26% | 34.57% | 27.58% |
| Return on Invested Capital (ROIC) | 24.49% | 27.19% | 24.55% | 23.74% | 20.95% |
| Return on Tangible Assets | 29.31% | 36.20% | 29.71% | 30.99% | 26.57% |
| Earnings Yield | 4.26% | 4.63% | 3.73% | 4.45% | 3.46% |
| Efficiency Ratios | |||||
| Receivables Turnover | 4.71 | 5.14 | 4.95 | 4.87 | 4.91 |
| Payables Turnover | 17.18 | 17.26 | 16.23 | 16.10 | 14.74 |
| Inventory Turnover | 5.41 | 5.58 | 5.52 | 4.66 | 5.09 |
| Fixed Asset Turnover | 6.36 | 6.91 | 7.24 | 8.62 | 7.99 |
| Asset Turnover | 0.99 | 1.06 | 1.04 | 1.03 | 0.90 |
| Working Capital Turnover Ratio | 12.24 | 10.23 | 9.56 | 6.76 | 4.23 |
| Cash Conversion Cycle | 123.71 | 115.33 | 117.26 | 130.71 | 121.24 |
| Days of Sales Outstanding | 77.44 | 71.08 | 73.67 | 74.98 | 74.29 |
| Days of Inventory Outstanding | 67.51 | 65.39 | 66.08 | 78.40 | 71.71 |
| Days of Payables Outstanding | 21.24 | 21.14 | 22.49 | 22.67 | 24.77 |
| Operating Cycle | 144.96 | 136.47 | 139.75 | 153.38 | 146.00 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 10.70 | 11.05 | 11.70 | 7.58 | 8.11 |
| Free Cash Flow Per Share | 9.26 | 9.58 | 10.19 | 6.25 | 7.18 |
| Dividend Paid and CapEx Coverage Ratio | 1.42 | 1.54 | 1.71 | 1.20 | 1.45 |
| Capital Expenditure Coverage Ratio | 7.46 | 7.51 | 7.78 | 5.70 | 8.64 |
| Operating Cash Flow Coverage Ratio | 0.35 | 0.41 | 0.42 | 0.30 | 0.32 |
| Operating Cash Flow to Sales Ratio | 0.19 | 0.21 | 0.22 | 0.15 | 0.18 |
| Free Cash Flow Yield | 3.76% | 3.78% | 3.89% | 2.84% | 2.91% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 23.41 | 21.58 | 26.81 | 22.48 | 28.87 |
| Price-to-Sales (P/S) Ratio | 4.49 | 4.73 | 4.92 | 4.28 | 5.38 |
| Price-to-Book (P/B) Ratio | 22.32 | 22.69 | 26.32 | 22.09 | 21.45 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 26.59 | 26.46 | 25.70 | 35.23 | 34.39 |
| Price-to-Operating Cash Flow Ratio | 23.03 | 22.94 | 22.40 | 29.05 | 30.41 |
| Price-to-Earnings Growth (PEG) Ratio | -2.24 | 1.06 | -87.56 | 1.54 | 1.02 |
| Enterprise Value Multiple | 17.21 | 16.13 | 19.31 | 16.94 | 21.36 |
| Enterprise Value | 80.11B | 82.39B | 86.57B | 75.45B | 84.12B |
| EV to EBITDA | 17.21 | 16.13 | 19.31 | 16.94 | 21.36 |
| EV to Sales | 4.99 | 5.18 | 5.37 | 4.74 | 5.82 |
| EV to Free Cash Flow | 29.59 | 28.97 | 28.07 | 38.97 | 37.21 |
| EV to Operating Cash Flow | 25.63 | 25.11 | 24.46 | 32.13 | 32.90 |
| Tangible Book Value Per Share | -8.43 | -7.12 | -8.44 | -8.21 | -7.33 |
| Shareholders’ Equity Per Share | 11.03 | 11.17 | 9.95 | 9.97 | 11.50 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.23 | 0.21 | 0.23 | 0.21 | 0.19 |
| Revenue Per Share | 54.89 | 53.56 | 53.23 | 51.46 | 45.87 |
| Net Income Per Share | 10.49 | 11.75 | 9.77 | 9.80 | 8.55 |
| Tax Burden | 0.77 | 0.79 | 0.77 | 0.79 | 0.81 |
| Interest Burden | 0.93 | 0.94 | 0.93 | 0.95 | 0.94 |
| Research & Development to Revenue | 0.00 | 0.02 | 0.02 | 0.02 | 0.02 |
| SG&A to Revenue | 0.17 | 0.15 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.02 | 0.94 | 1.20 | 0.77 | 0.95 |
Currency in USD