Illinois Tool Works Inc (ITW) — Financial Flexibility Index
Illinois Tool Works Inc (ITW) has a Financial Flexibility Index of 0.08x as of December 2025. Free cash flow of $1.07 Billion (operating CF $963.00 Million minus capex $105.00 Million) represents 0% of total liabilities ($12.92 Billion). Check Illinois Tool Works Inc strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Illinois Tool Works Inc Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Illinois Tool Works Inc across 37 annual periods. See Illinois Tool Works Inc (ITW) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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. For the full company profile including market capitalisation, see ITW market cap overview.
| 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 | — |