Free Cash Flow for Illinois Tool Works (ITW)
Free Cash Flow for Illinois Tool Works (ITW): headline value $2.71B · YoY -4.8%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingFree Cash FlowSwitch metric
Latest period
$2.71B
YoY change
-4.8%
5Y CAGR
+1.0%
Peak year (2023)
$3.08B
Latest annual
$2.71B
Free Cash Flow history chart for Illinois Tool Works (ITW) from 1989 to 2025
Free Cash Flow history table for Illinois Tool Works (ITW) from 1989 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $2.71B | -4.8% | ||
| 2024 | $2.84B | -7.8% | ||
| 2023 | $3.08B | +59.3% | ||
| 2022 | $1.94B | -14.4% | ||
| 2021 | $2.26B | -12.1% | ||
| 2020 | $2.57B | -3.7% | ||
| 2019 | $2.67B | +9.1% | ||
| 2018 | $2.45B | +16.2% | ||
| 2017 | $2.10B | +3.7% | ||
| 2016 | $2.03B | +0.7% | ||
| 2015 | $2.02B | +60.6% | ||
| 2014 | $1.25B | -41.9% | ||
| 2013 | $2.16B | +27.8% | ||
| 2012 | $1.69B | +5.5% | ||
| 2011 | $1.60B | +25.7% | ||
| 2010 | $1.27B | -32.9% | ||
| 2009 | $1.90B | +1.7% | ||
| 2008 | $1.87B | -12.4% | ||
| 2007 | $2.13B | +20.7% | ||
| 2006 | $1.77B | +13.6% | ||
| 2005 | $1.55B | +24.3% | ||
| 2004 | $1.25B | +12.5% | ||
| 2003 | $1.11B | +9.2% | ||
| 2002 | $1.02B | -7.0% | ||
| 2001 | $1.09B | +35.4% | ||
| 2000 | $808.50M | -870.7% | ||
| 1999 | -$104.90M | -56.0% | ||
| 1998 | -$238.40M | -149.5% | ||
| 1997 | $481.60M | +4.5% | ||
| 1996 | $460.70M | +60.4% | ||
| 1995 | $287.30M | +12.1% | ||
| 1994 | $256.40M | +32.0% | ||
| 1993 | $194.20M | -21.9% | ||
| 1992 | $248.80M | +44.6% | ||
| 1991 | $172.10M | +17.6% | ||
| 1990 | $146.30M | +5.1% | ||
| 1989 | $139.20M | — |
Free Cash Flow 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
The 2025 reading of Illinois Tool Works (ITW) free cash flow is $2.71B – edged down 4.8% year-over-year.
Illinois Tool Works free cash flow has recorded the values shown across consecutive periods, with a +1.0% compound annual growth rate over 2020–2025 (5 years).
Illinois Tool Works free cash flow peaked at $3.08B in 2023; the latest annual figure is $2.71B in 2025 (12.2% below peak).
$3.08B stands as the all-time-high annual free cash flow, posted in 2023, against a low of -$238.40M during 1998.
Among 8 Industrials peers, Illinois Tool Works (ITW) ranks 8th; the peer median for free cash flow is $5.45B.
Illinois Tool Works Free Cash Flow by Year
Illinois Tool Works Free Cash Flow 2025: $2.71B
Illinois Tool Works free cash flow in 2025 was $2.71B, edged down 4.8% below 2024.
Illinois Tool Works Free Cash Flow 2024: $2.84B
Illinois Tool Works free cash flow in 2024 was $2.84B, declined 7.8% below 2023.
Illinois Tool Works Free Cash Flow 2023: $3.08B
Illinois Tool Works free cash flow in 2023 was $3.08B, surged 59.3% from 2022. This figure represents the highest annual value in the available history.
Illinois Tool Works Free Cash Flow 2022: $1.94B
Illinois Tool Works free cash flow in 2022 was $1.94B, declined 14.4% below 2021.
Illinois Tool Works Free Cash Flow 2021: $2.26B
Illinois Tool Works free cash flow in 2021 was $2.26B.
See more financial history for Illinois Tool Works (ITW).
Sector peers — Free Cash Flow
Companies in the same sector as Illinois Tool Works, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $10.27B | Industrials |
| RTX Corporation (RTX) | $7.94B | Industrials |
| GE Aerospace (GE) | $7.26B | Industrials |
| Union Pacific Corporation (UNP) | $5.50B | Industrials |
| Honeywell International Inc. (HON) | $5.39B | Industrials |
| Eaton Corporation plc (ETN) | $4.47B | Industrials |
| Deere & Company (DE) | $3.23B | Industrials |
| The Boeing Company (BA) | -$1.88B | Industrials |
Frequently asked questions
What is Illinois Tool Works's free cash flow?
Latest reported free cash flow for Illinois Tool Works (ITW) is $2.71B (period ending December 31, 2025).
How has Illinois Tool Works free cash flow changed year-over-year?
Illinois Tool Works (ITW) free cash flow changed -4.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Illinois Tool Works free cash flow?
Illinois Tool Works (ITW) free cash flow compound annual growth rate is +1.0% over the most recent 5 years available.
When did Illinois Tool Works free cash flow hit its highest annual value?
Illinois Tool Works free cash flow reached its highest annual value of $3.08B in 2023.
What was Illinois Tool Works free cash flow in 2024?
Illinois Tool Works (ITW) free cash flow in 2024 was $2.84B.
What was Illinois Tool Works free cash flow in 2025?
Illinois Tool Works (ITW) free cash flow in 2025 was $2.71B.
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