Illinois Tool Works Inc (ITW) — Cash Flow Quality Index
Illinois Tool Works Inc (ITW) has a Cash Flow Quality Index of 1.22x as of December 2025. Operating cash flow of $963.00 Million exceeds net income of $790.00 Million, indicating high earnings quality where cash backs reported profits. Explore Illinois Tool Works Inc (ITW) cash conversion ratio to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Illinois Tool Works Inc Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Illinois Tool Works Inc across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how aggressively does Illinois Tool Works Inc reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Illinois Tool Works Inc (1989–2025)
Year-by-year earnings quality comparison for Illinois Tool Works Inc. For live market cap and the full company financial profile, see ITW stock market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.02x | $3.13 Billion | $3.07 Billion | ▲ +8.4% |
| 2024 | 0.94x | $3.28 Billion | $3.49 Billion | ▼ -21.4% |
| 2023 | 1.20x | $3.54 Billion | $2.96 Billion | ▲ +54.6% |
| 2022 | 0.77x | $2.35 Billion | $3.03 Billion | ▼ -18.5% |
| 2021 | 0.95x | $2.56 Billion | $2.69 Billion | ▼ -28.7% |
| 2020 | 1.33x | $2.81 Billion | $2.11 Billion | ▲ +12.0% |
| 2019 | 1.19x | $3.00 Billion | $2.52 Billion | ▲ +8.3% |
| 2018 | 1.10x | $2.81 Billion | $2.56 Billion | ▼ -23.0% |
| 2017 | 1.42x | $2.40 Billion | $1.69 Billion | ▲ +25.9% |
| 2016 | 1.13x | $2.30 Billion | $2.04 Billion | ▼ -6.6% |
| 2015 | 1.21x | $2.30 Billion | $1.90 Billion | ▼ -8.0% |
| 2014 | 1.32x | $1.62 Billion | $1.23 Billion | ▼ -7.9% |
| 2013 | 1.43x | $2.53 Billion | $1.77 Billion | ▲ +65.1% |
| 2012 | 0.87x | $2.07 Billion | $2.40 Billion | ▼ -15.3% |
| 2010 | 1.02x | $1.56 Billion | $1.53 Billion | ▼ -54.9% |
| 2009 | 2.27x | $2.15 Billion | $947.01 Million | ▲ +54.9% |
| 2008 | 1.46x | $2.22 Billion | $1.52 Billion | ▲ +10.1% |
| 2007 | 1.33x | $2.48 Billion | $1.87 Billion | ▲ +10.5% |
| 2006 | 1.20x | $2.07 Billion | $1.72 Billion | ▼ -2.6% |
| 2005 | 1.24x | $1.85 Billion | $1.49 Billion | ▲ +7.9% |
| 2004 | 1.14x | $1.53 Billion | $1.34 Billion | ▼ -14.4% |
| 2003 | 1.34x | $1.37 Billion | $1.02 Billion | ▼ -26.1% |
| 2002 | 1.81x | $1.29 Billion | $712.59 Million | ▲ +7.8% |
| 2001 | 1.68x | $1.35 Billion | $805.66 Million | ▲ +43.1% |
| 2000 | 1.17x | $1.12 Billion | $957.98 Million | ▼ -4.9% |
| 1999 | 1.23x | $1.04 Billion | $841.10 Million | ▲ +14.9% |
| 1998 | 1.07x | $721.50 Million | $672.80 Million | ▼ -4.7% |
| 1997 | 1.12x | $660.30 Million | $587.00 Million | ▼ -13.1% |
| 1996 | 1.29x | $629.40 Million | $486.30 Million | ▲ +14.7% |
| 1995 | 1.13x | $437.50 Million | $387.60 Million | ▼ -19.1% |
| 1994 | 1.39x | $387.50 Million | $277.80 Million | ▼ -8.3% |
| 1993 | 1.52x | $314.10 Million | $206.60 Million | ▼ -6.2% |
| 1992 | 1.62x | $311.30 Million | $192.10 Million | ▲ +5.2% |
| 1991 | 1.54x | $278.10 Million | $180.60 Million | ▲ +13.5% |
| 1990 | 1.36x | $247.50 Million | $182.40 Million | ▼ -0.6% |
| 1989 | 1.36x | $223.50 Million | $163.80 Million | — |