Illinois Tool Works Inc (ITW) — Financial Flexibility Index

Latest as of June 2026: 0.06x

Illinois Tool Works Inc (ITW) has a Financial Flexibility Index of 0.06x as of June 2026. Free cash flow of $815.00 Million (operating CF $723.00 Million minus capex $92.00 Million) represents 0% of total liabilities ($13.60 Billion). Check Illinois Tool Works Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.06x
Free Cash Flow / Total Liabilities

Free Cash Flow

$815.00 Million
Operating CF − Capex

Total Liabilities

$13.60 Billion
USD

Capital Expenditures

$92.00 Million
USD

Illinois Tool Works Inc Financial Flexibility Index (1989–2025)

Historical Financial Flexibility Index trend for Illinois Tool Works Inc across 37 annual periods. For the full cash flow conversion analysis, see how efficiently does Illinois Tool Works Inc generate cash.

Annual Financial Flexibility Index for Illinois Tool Works Inc (1989–2025)

Year-by-year free cash flow to debt coverage for Illinois Tool Works Inc. Explore cash flow to debt ratio of Illinois Tool Works Inc to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.27x $3.54 Billion $3.13 Billion $12.92 Billion ▼ -13.3%
2024 0.32x $3.72 Billion $3.28 Billion $11.75 Billion ▼ -0.9%
2023 0.32x $3.99 Billion $3.54 Billion $12.51 Billion ▲ +42.7%
2022 0.22x $2.76 Billion $2.35 Billion $12.33 Billion ▼ -2.3%
2021 0.23x $2.85 Billion $2.56 Billion $12.45 Billion ▼ -6.4%
2020 0.24x $3.04 Billion $2.81 Billion $12.43 Billion ▼ -11.3%
2019 0.28x $3.32 Billion $3.00 Billion $12.04 Billion ▲ +0.9%
2018 0.27x $3.17 Billion $2.81 Billion $11.61 Billion ▲ +23.5%
2017 0.22x $2.70 Billion $2.40 Billion $12.19 Billion ▼ -5.9%
2016 0.24x $2.58 Billion $2.30 Billion $10.94 Billion ▼ -4.3%
2015 0.25x $2.58 Billion $2.30 Billion $10.50 Billion ▲ +35.0%
2014 0.18x $1.98 Billion $1.62 Billion $10.85 Billion ▼ -35.5%
2013 0.28x $2.90 Billion $2.53 Billion $10.26 Billion ▲ +0.5%
2012 0.28x $2.45 Billion $2.07 Billion $8.74 Billion ▼ -3.3%
2011 0.29x $2.31 Billion $1.96 Billion $7.95 Billion ▲ +8.0%
2010 0.27x $1.85 Billion $1.56 Billion $6.87 Billion ▼ -18.4%
2009 0.33x $2.39 Billion $2.15 Billion $7.26 Billion ▼ -3.5%
2008 0.34x $2.58 Billion $2.22 Billion $7.55 Billion ▼ -25.7%
2007 0.46x $2.84 Billion $2.48 Billion $6.17 Billion ▼ -5.6%
2006 0.49x $2.37 Billion $2.07 Billion $4.86 Billion ▼ -11.3%
2005 0.55x $2.14 Billion $1.85 Billion $3.90 Billion ▲ +12.6%
2004 0.49x $1.81 Billion $1.53 Billion $3.72 Billion ▼ -0.6%
2003 0.49x $1.63 Billion $1.37 Billion $3.32 Billion ▲ +24.9%
2002 0.39x $1.56 Billion $1.29 Billion $3.97 Billion ▼ -7.6%
2001 0.43x $1.61 Billion $1.35 Billion $3.78 Billion ▲ +24.4%
2000 0.34x $1.44 Billion $1.12 Billion $4.20 Billion ▼ -33.4%
1999 0.51x $2.18 Billion $1.04 Billion $4.24 Billion ▼ -15.2%
1998 0.60x $1.68 Billion $721.50 Million $2.78 Billion ▲ +86.6%
1997 0.32x $839.00 Million $660.30 Million $2.59 Billion ▼ -2.1%
1996 0.33x $798.10 Million $629.40 Million $2.41 Billion ▼ -4.8%
1995 0.35x $587.70 Million $437.50 Million $1.69 Billion ▼ -30.3%
1994 0.50x $518.60 Million $387.50 Million $1.04 Billion ▲ +24.0%
1993 0.40x $434.00 Million $314.10 Million $1.08 Billion ▼ -6.9%
1992 0.43x $373.80 Million $311.30 Million $864.50 Million ▲ +17.6%
1991 0.37x $384.10 Million $278.10 Million $1.04 Billion ▲ +11.6%
1990 0.33x $348.70 Million $247.50 Million $1.06 Billion ▼ -12.6%
1989 0.38x $307.80 Million $223.50 Million $816.90 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities