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Illinois Tool Works (ITW) Cash Flow Waterfall

Trace Illinois Tool Works's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$3.16B

Capex

−$418.00M

Free Cash Flow

$2.74B

FCF Margin

+86.8%

Cash flow waterfall for Illinois Tool Works (ITW) — TTM through Q1 2026

Free cash flow: $2.74B

Cash flow breakdown for Illinois Tool Works (ITW) — TTM through Q1 2026

  • Operating Cash Flow$3.16B
  • Capital Expenditure−$418.00M
  • Free Cash Flow$2.74B
  • Acquisitions−$112.00M
  • Other Investing$2.00M
  • Share Buybacks−$1.50B
  • Dividends Paid−$1.81B
  • Net Debt Change$565.00M
  • Other Financing & FX$69.00M
  • Net Cash Decrease−$46.00M
Want to see what drove the FCF change?Free Cash Flow Bridge

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