Capital Expenditures for Illinois Tool Works (ITW)
According to Illinois Tool Works's latest reported financial statements, the company's current capital expenditures (TTM) is $419.00M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingCapital ExpendituresSwitch metric
Latest period
$419.00M
YoY change
-4.1%
5Y CAGR
+12.2%
Peak year (1999)
$1.14B
Cumulative capital expenditures
$11.69B
CapEx history chart for Illinois Tool Works (ITW) from 1989 to 2025
CapEx history table for Illinois Tool Works (ITW) from 1989 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $419.00M | -4.1% | ||
| 2024 | $437.00M | -4.0% | ||
| 2023 | $455.00M | +10.4% | ||
| 2022 | $412.00M | +39.2% | ||
| 2021 | $296.00M | +25.4% | ||
| 2020 | $236.00M | -27.6% | ||
| 2019 | $326.00M | -10.4% | ||
| 2018 | $364.00M | +22.6% | ||
| 2017 | $297.00M | +8.8% | ||
| 2016 | $273.00M | -3.9% | ||
| 2015 | $284.00M | -21.3% | ||
| 2014 | $361.00M | -1.9% | ||
| 2013 | $368.00M | -3.7% | ||
| 2012 | $382.00M | +8.1% | ||
| 2011 | $353.41M | +23.5% | ||
| 2010 | $286.17M | +15.8% | ||
| 2009 | $247.10M | -30.5% | ||
| 2008 | $355.47M | +0.6% | ||
| 2007 | $353.36M | +17.4% | ||
| 2006 | $301.01M | +2.7% | ||
| 2005 | $293.10M | +3.7% | ||
| 2004 | $282.56M | +9.4% | ||
| 2003 | $258.31M | -4.8% | ||
| 2002 | $271.42M | +5.8% | ||
| 2001 | $256.56M | -18.3% | ||
| 2000 | $313.91M | -72.5% | ||
| 1999 | $1.14B | +18.9% | ||
| 1998 | $959.90M | +437.2% | ||
| 1997 | $178.70M | +5.9% | ||
| 1996 | $168.70M | +12.3% | ||
| 1995 | $150.20M | +14.6% | ||
| 1994 | $131.10M | +9.3% | ||
| 1993 | $119.90M | +91.8% | ||
| 1992 | $62.50M | -41.0% | ||
| 1991 | $106.00M | +4.7% | ||
| 1990 | $101.20M | +20.0% | ||
| 1989 | $84.30M | — |
CapEx values are taken from Illinois Tool Works's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual capital expenditures for Illinois Tool Works (ITW) came in at $419.00M – edged down 4.1% year-over-year.
Illinois Tool Works capital expenditures has recorded the values shown across consecutive periods, with a +12.2% compound annual growth rate over 2020–2025 (5 years).
Illinois Tool Works capital expenditures plunged from $1.14B in 1999 to $419.00M in 2025, a 63.3% drawdown.
The highest annual capital expenditures of $1.14B was reported in 1999. The lowest in the available history was $62.50M in 1992.
Within Industrials, Illinois Tool Works (ITW) ranks 8th among 8 peers we track. The peer median for capital expenditures is $2.05B.
Illinois Tool Works Capital Expenditures by Year
Illinois Tool Works Capital Expenditures 2025: $419.00M
Illinois Tool Works capital expenditures in 2025 was $419.00M, edged down 4.1% below 2024.
Illinois Tool Works Capital Expenditures 2024: $437.00M
Illinois Tool Works capital expenditures in 2024 was $437.00M, edged down 4.0% below 2023.
Illinois Tool Works Capital Expenditures 2023: $455.00M
Illinois Tool Works capital expenditures in 2023 was $455.00M, grew 10.4% from 2022.
Illinois Tool Works Capital Expenditures 2022: $412.00M
Illinois Tool Works capital expenditures in 2022 was $412.00M, surged 39.2% from 2021.
Illinois Tool Works Capital Expenditures 2021: $296.00M
Illinois Tool Works capital expenditures in 2021 was $296.00M.
See more financial history for Illinois Tool Works (ITW).
Sector peers — CapEx
Companies in the same sector as Illinois Tool Works, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Deere & Company (DE) | $4.23B | Industrials |
| Union Pacific Corporation (UNP) | $3.79B | Industrials |
| The Boeing Company (BA) | $2.94B | Industrials |
| RTX Corporation (RTX) | $2.63B | Industrials |
| Caterpillar Inc. (CAT) | $1.47B | Industrials |
| GE Aerospace (GE) | $1.27B | Industrials |
| Honeywell International Inc. (HON) | $986.00M | Industrials |
| Eaton Corporation plc (ETN) | $0 | Industrials |
Frequently asked questions
What is Illinois Tool Works's capital expenditures?
- Latest reported capital expenditures for Illinois Tool Works (ITW) is $419.00M (period ending December 31, 2025).
How has Illinois Tool Works capital expenditures changed year-over-year?
- Illinois Tool Works (ITW) capital expenditures changed -4.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Illinois Tool Works capital expenditures?
- Illinois Tool Works (ITW) capital expenditures compound annual growth rate is +12.2% over the most recent 5 years available.
When did Illinois Tool Works capital expenditures hit its highest annual value?
- Illinois Tool Works capital expenditures reached its highest annual value of $1.14B in 1999.
What was Illinois Tool Works capital expenditures in 2024?
- Illinois Tool Works (ITW) capital expenditures in 2024 was $437.00M.
What was Illinois Tool Works capital expenditures in 2025?
- Illinois Tool Works (ITW) capital expenditures in 2025 was $419.00M.
Metrics overview
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