Total Assets for Illinois Tool Works (ITW)
According to Illinois Tool Works's latest reported financial statements, the company's latest reported total assets is $16.15B USD. Total assets sum everything the company reports owning at the end of each reporting period — cash, receivables, inventory, property, plant, equipment, intangibles, and other holdings — as filed on the balance sheet. Compare with total liabilities and net assets for the capital-structure picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingTotal AssetsSwitch metric
Latest period
$16.15B
YoY change
+7.2%
5Y CAGR
+0.7%
Peak year (2013)
$19.97B
Latest annual
$16.15B
Total Assets history chart for Illinois Tool Works (ITW) from 1985 to 2025
Total Assets history table for Illinois Tool Works (ITW) from 1985 to 2025
| Fiscal year | Period ended | Reported | Total Assets | YoY |
|---|---|---|---|---|
| 2025 | $16.15B | +7.2% | ||
| 2024 | $15.07B | -2.9% | ||
| 2023 | $15.52B | +0.6% | ||
| 2022 | $15.42B | -4.1% | ||
| 2021 | $16.08B | +3.0% | ||
| 2020 | $15.61B | +3.6% | ||
| 2019 | $15.07B | +1.3% | ||
| 2018 | $14.87B | -11.4% | ||
| 2017 | $16.78B | +10.4% | ||
| 2016 | $15.20B | -3.4% | ||
| 2015 | $15.73B | -11.0% | ||
| 2014 | $17.68B | -11.5% | ||
| 2013 | $19.97B | +3.4% | ||
| 2012 | $19.31B | +7.4% | ||
| 2011 | $17.98B | +10.7% | ||
| 2010 | $16.25B | +1.0% | ||
| 2009 | $16.08B | +5.7% | ||
| 2008 | $15.21B | -2.0% | ||
| 2007 | $15.53B | +11.9% | ||
| 2006 | $13.88B | +21.3% | ||
| 2005 | $11.45B | +0.8% | ||
| 2004 | $11.35B | +1.4% | ||
| 2003 | $11.19B | +5.4% | ||
| 2002 | $10.62B | +8.2% | ||
| 2001 | $9.82B | +2.3% | ||
| 2000 | $9.60B | +6.0% | ||
| 1999 | $9.06B | +48.1% | ||
| 1998 | $6.12B | +13.4% | ||
| 1997 | $5.39B | +12.2% | ||
| 1996 | $4.81B | +33.0% | ||
| 1995 | $3.61B | +40.0% | ||
| 1994 | $2.58B | +10.4% | ||
| 1993 | $2.34B | +6.0% | ||
| 1992 | $2.20B | -2.3% | ||
| 1991 | $2.26B | +5.0% | ||
| 1990 | $2.15B | +27.4% | ||
| 1989 | $1.69B | +22.3% | ||
| 1988 | $1.38B | +7.4% | ||
| 1987 | $1.28B | +0.7% | ||
| 1986 | $1.28B | +144.5% | ||
| 1985 | $521.90M | — |
Total Assets values are taken from Illinois Tool Works's reported balance sheets (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
In 2025, Illinois Tool Works (ITW) total assets totalled $16.15B – grew 7.2% year-over-year.
Over 2020–2025 (5 years), Illinois Tool Works total assets expanded at a +0.7% compound annual rate, with the latest reading among the more recent periods of the dataset.
Illinois Tool Works total assets declined from $19.97B in 2013 to $16.15B in 2025, a 19.1% drawdown.
The highest annual total assets of $19.97B was reported in 2013. The lowest in the available history was $521.90M in 1985.
Within Industrials, Illinois Tool Works (ITW) ranks 9th among 8 peers we track. The peer median for total assets is $102.29B.
Illinois Tool Works Total Assets by Year
Illinois Tool Works Total Assets 2025: $16.15B
Illinois Tool Works total assets in 2025 was $16.15B, grew 7.2% from 2024.
Illinois Tool Works Total Assets 2024: $15.07B
Illinois Tool Works total assets in 2024 was $15.07B, edged down 2.9% below 2023.
Illinois Tool Works Total Assets 2023: $15.52B
Illinois Tool Works total assets in 2023 was $15.52B, edged up 0.6% from 2022.
Illinois Tool Works Total Assets 2022: $15.42B
Illinois Tool Works total assets in 2022 was $15.42B, edged down 4.1% below 2021.
Illinois Tool Works Total Assets 2021: $16.08B
Illinois Tool Works total assets in 2021 was $16.08B.
See more financial history for Illinois Tool Works (ITW).
Sector peers — Total Assets
Companies in the same sector as Illinois Tool Works, ranked by their latest total assets.
| Company | Total Assets | Sector |
|---|---|---|
| RTX Corporation (RTX) | $171.08B | Industrials |
| The Boeing Company (BA) | $168.24B | Industrials |
| GE Aerospace (GE) | $130.17B | Industrials |
| Deere & Company (DE) | $106.00B | Industrials |
| Caterpillar Inc. (CAT) | $98.58B | Industrials |
| Honeywell International Inc. (HON) | $74.11B | Industrials |
| Union Pacific Corporation (UNP) | $69.70B | Industrials |
| Eaton Corporation plc (ETN) | $41.25B | Industrials |
Frequently asked questions
What is Illinois Tool Works's total assets?
- Latest reported total assets for Illinois Tool Works (ITW) is $16.15B (period ending December 31, 2025).
How has Illinois Tool Works total assets changed year-over-year?
- Illinois Tool Works (ITW) total assets changed +7.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Illinois Tool Works total assets?
- Illinois Tool Works (ITW) total assets compound annual growth rate is +0.7% over the most recent 5 years available.
When did Illinois Tool Works total assets hit its highest annual value?
- Illinois Tool Works total assets reached its highest annual value of $19.97B in 2013.
What was Illinois Tool Works total assets in 2024?
- Illinois Tool Works (ITW) total assets in 2024 was $15.07B.
What was Illinois Tool Works total assets in 2025?
- Illinois Tool Works (ITW) total assets in 2025 was $16.15B.
Metrics overview
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