Illinois Tool Works Inc (ITW) — Cash Flow-to-Debt Ratio
Illinois Tool Works Inc (ITW) has a Cash Flow-to-Debt Ratio of 0.07x as of December 2025, meaning its operating cash flow of $963.00 Million could theoretically repay 0% of its total liabilities ($12.92 Billion) in one year. See free cash flow generation of Illinois Tool Works Inc to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Illinois Tool Works Inc Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for Illinois Tool Works Inc across 37 annual periods. Also explore how fast is Illinois Tool Works Inc growing its equity to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Illinois Tool Works Inc (1989–2025)
Year-by-year debt coverage analysis for Illinois Tool Works Inc. For market capitalisation and broader financial context, see Illinois Tool Works Inc (ITW) total market value.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.24x | $3.13 Billion | $12.92 Billion | ▼ -13.4% |
| 2024 | 0.28x | $3.28 Billion | $11.75 Billion | ▼ -1.3% |
| 2023 | 0.28x | $3.54 Billion | $12.51 Billion | ▲ +48.7% |
| 2022 | 0.19x | $2.35 Billion | $12.33 Billion | ▼ -7.3% |
| 2021 | 0.21x | $2.56 Billion | $12.45 Billion | ▼ -9.1% |
| 2020 | 0.23x | $2.81 Billion | $12.43 Billion | ▼ -9.2% |
| 2019 | 0.25x | $3.00 Billion | $12.04 Billion | ▲ +2.8% |
| 2018 | 0.24x | $2.81 Billion | $11.61 Billion | ▲ +22.9% |
| 2017 | 0.20x | $2.40 Billion | $12.19 Billion | ▼ -6.3% |
| 2016 | 0.21x | $2.30 Billion | $10.94 Billion | ▼ -3.9% |
| 2015 | 0.22x | $2.30 Billion | $10.50 Billion | ▲ +47.0% |
| 2014 | 0.15x | $1.62 Billion | $10.85 Billion | ▼ -39.6% |
| 2013 | 0.25x | $2.53 Billion | $10.26 Billion | ▲ +4.0% |
| 2012 | 0.24x | $2.07 Billion | $8.74 Billion | ▼ -3.6% |
| 2011 | 0.25x | $1.96 Billion | $7.95 Billion | ▲ +8.3% |
| 2010 | 0.23x | $1.56 Billion | $6.87 Billion | ▼ -23.1% |
| 2009 | 0.30x | $2.15 Billion | $7.26 Billion | ▲ +0.4% |
| 2008 | 0.29x | $2.22 Billion | $7.55 Billion | ▼ -26.8% |
| 2007 | 0.40x | $2.48 Billion | $6.17 Billion | ▼ -5.3% |
| 2006 | 0.42x | $2.07 Billion | $4.86 Billion | ▼ -10.3% |
| 2005 | 0.47x | $1.85 Billion | $3.90 Billion | ▲ +15.1% |
| 2004 | 0.41x | $1.53 Billion | $3.72 Billion | ▼ -0.3% |
| 2003 | 0.41x | $1.37 Billion | $3.32 Billion | ▲ +27.2% |
| 2002 | 0.32x | $1.29 Billion | $3.97 Billion | ▼ -9.2% |
| 2001 | 0.36x | $1.35 Billion | $3.78 Billion | ▲ +33.8% |
| 2000 | 0.27x | $1.12 Billion | $4.20 Billion | ▲ +9.4% |
| 1999 | 0.24x | $1.04 Billion | $4.24 Billion | ▼ -5.9% |
| 1998 | 0.26x | $721.50 Million | $2.78 Billion | ▲ +1.7% |
| 1997 | 0.26x | $660.30 Million | $2.59 Billion | ▼ -2.3% |
| 1996 | 0.26x | $629.40 Million | $2.41 Billion | ▲ +0.8% |
| 1995 | 0.26x | $437.50 Million | $1.69 Billion | ▼ -30.5% |
| 1994 | 0.37x | $387.50 Million | $1.04 Billion | ▲ +28.0% |
| 1993 | 0.29x | $314.10 Million | $1.08 Billion | ▼ -19.1% |
| 1992 | 0.36x | $311.30 Million | $864.50 Million | ▲ +35.3% |
| 1991 | 0.27x | $278.10 Million | $1.04 Billion | ▲ +13.8% |
| 1990 | 0.23x | $247.50 Million | $1.06 Billion | ▼ -14.5% |
| 1989 | 0.27x | $223.50 Million | $816.90 Million | — |