Illinois Tool Works Inc (ITW) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.13x

Illinois Tool Works Inc (ITW) has a Cash Flow Reinvestment Rate of 0.13x as of June 2026, reinvesting $93.00 Million (capex $92.00 Million plus investments $1.00 Million) from operating cash flow of $723.00 Million. See ITW free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.13x
(Capex + Investments) / Operating CF

Total Reinvested

$93.00 Million
Capex + Investments

Operating Cash Flow

$723.00 Million
USD

Capital Expenditures

$92.00 Million
USD

Illinois Tool Works Inc Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for Illinois Tool Works Inc across 37 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Illinois Tool Works Inc.

Annual Cash Flow Reinvestment Rate for Illinois Tool Works Inc (1989–2025)

Year-by-year capital reinvestment analysis for Illinois Tool Works Inc. See Illinois Tool Works Inc free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.14x $426.00 Million $3.13 Billion $419.00 Million ▼ -23.0%
2024 0.18x $581.00 Million $3.28 Billion $437.00 Million ▲ +2.6%
2023 0.17x $611.00 Million $3.54 Billion $455.00 Million ▼ -4.4%
2022 0.18x $424.00 Million $2.35 Billion $412.00 Million ▲ +38.2%
2021 0.13x $334.00 Million $2.56 Billion $296.00 Million ▲ +46.7%
2020 0.09x $250.00 Million $2.81 Billion $236.00 Million ▼ -22.9%
2019 0.12x $346.00 Million $3.00 Billion $326.00 Million ▼ -14.5%
2018 0.14x $380.00 Million $2.81 Billion $364.00 Million ▼ -4.5%
2017 0.14x $340.00 Million $2.40 Billion $297.00 Million ▼ -29.3%
2016 0.20x $461.00 Million $2.30 Billion $273.00 Million ▲ +50.5%
2015 0.13x $306.00 Million $2.30 Billion $284.00 Million ▼ -44.7%
2014 0.24x $389.00 Million $1.62 Billion $361.00 Million ▲ +49.2%
2013 0.16x $408.00 Million $2.53 Billion $368.00 Million ▼ -49.5%
2012 0.32x $662.00 Million $2.07 Billion $382.00 Million ▲ +62.6%
2011 0.20x $384.28 Million $1.96 Billion $353.41 Million ▲ +3.8%
2010 0.19x $295.45 Million $1.56 Billion $286.17 Million ▲ +62.7%
2009 0.12x $249.73 Million $2.15 Billion $247.10 Million ▼ -27.2%
2008 0.16x $355.47 Million $2.22 Billion $355.47 Million ▲ +12.4%
2007 0.14x $353.36 Million $2.48 Billion $353.36 Million ▼ -2.4%
2006 0.15x $301.01 Million $2.07 Billion $301.01 Million ▼ -8.2%
2005 0.16x $293.10 Million $1.85 Billion $293.10 Million ▼ -13.9%
2004 0.18x $282.56 Million $1.53 Billion $282.56 Million ▼ -2.3%
2003 0.19x $258.31 Million $1.37 Billion $258.31 Million ▼ -10.4%
2002 0.21x $271.42 Million $1.29 Billion $271.42 Million ▲ +10.9%
2001 0.19x $256.56 Million $1.35 Billion $256.56 Million ▼ -32.1%
2000 0.28x $313.91 Million $1.12 Billion $313.91 Million ▼ -74.6%
1999 1.10x $1.14 Billion $1.04 Billion $1.14 Billion ▼ -17.2%
1998 1.33x $959.90 Million $721.50 Million $959.90 Million ▲ +391.6%
1997 0.27x $178.70 Million $660.30 Million $178.70 Million ▲ +1.0%
1996 0.27x $168.70 Million $629.40 Million $168.70 Million ▼ -21.9%
1995 0.34x $150.20 Million $437.50 Million $150.20 Million ▲ +1.5%
1994 0.34x $131.10 Million $387.50 Million $131.10 Million ▼ -11.4%
1993 0.38x $119.90 Million $314.10 Million $119.90 Million ▲ +90.1%
1992 0.20x $62.50 Million $311.30 Million $62.50 Million ▼ -47.3%
1991 0.38x $106.00 Million $278.10 Million $106.00 Million ▼ -6.8%
1990 0.41x $101.20 Million $247.50 Million $101.20 Million ▲ +8.4%
1989 0.38x $84.30 Million $223.50 Million $84.30 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow