Illinois Tool Works Inc (ITW) — Free Cash Flow Generation Index
Illinois Tool Works Inc (ITW) has a Free Cash Flow Generation Index of 0.89x as of December 2025. Free cash flow of $858.00 Million represents 1% of operating cash flow ($963.00 Million). Read Illinois Tool Works Inc debt and liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Illinois Tool Works Inc Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for Illinois Tool Works Inc across 37 annual periods. Explore how much does Illinois Tool Works Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Illinois Tool Works Inc (1989–2025)
Year-by-year Free Cash Flow Generation Index for Illinois Tool Works Inc. For the full company profile including market capitalisation, see ITW company net worth.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.87x | $2.71 Billion | $3.13 Billion | $419.00 Million | ▼ -0.1% |
| 2024 | 0.87x | $2.84 Billion | $3.28 Billion | $437.00 Million | ▼ -0.5% |
| 2023 | 0.87x | $3.08 Billion | $3.54 Billion | $455.00 Million | ▲ +5.7% |
| 2022 | 0.82x | $1.94 Billion | $2.35 Billion | $412.00 Million | ▼ -6.8% |
| 2021 | 0.88x | $2.26 Billion | $2.56 Billion | $296.00 Million | ▼ -3.5% |
| 2020 | 0.92x | $2.57 Billion | $2.81 Billion | $236.00 Million | ▲ +2.8% |
| 2019 | 0.89x | $2.67 Billion | $3.00 Billion | $326.00 Million | ▲ +2.4% |
| 2018 | 0.87x | $2.45 Billion | $2.81 Billion | $364.00 Million | ▼ -0.7% |
| 2017 | 0.88x | $2.10 Billion | $2.40 Billion | $297.00 Million | ▼ -0.6% |
| 2016 | 0.88x | $2.03 Billion | $2.30 Billion | $273.00 Million | ▲ +0.6% |
| 2015 | 0.88x | $2.02 Billion | $2.30 Billion | $284.00 Million | ▲ +12.9% |
| 2014 | 0.78x | $1.25 Billion | $1.62 Billion | $361.00 Million | ▼ -9.1% |
| 2013 | 0.85x | $2.16 Billion | $2.53 Billion | $368.00 Million | ▲ +4.8% |
| 2012 | 0.82x | $1.69 Billion | $2.07 Billion | $382.00 Million | ▼ -0.4% |
| 2011 | 0.82x | $1.60 Billion | $1.96 Billion | $353.41 Million | ▲ +0.3% |
| 2010 | 0.82x | $1.27 Billion | $1.56 Billion | $286.17 Million | ▼ -7.7% |
| 2009 | 0.88x | $1.90 Billion | $2.15 Billion | $247.10 Million | ▲ +5.3% |
| 2008 | 0.84x | $1.87 Billion | $2.22 Billion | $355.47 Million | ▼ -2.1% |
| 2007 | 0.86x | $2.13 Billion | $2.48 Billion | $353.36 Million | ▲ +0.4% |
| 2006 | 0.85x | $1.77 Billion | $2.07 Billion | $301.01 Million | ▲ +1.5% |
| 2005 | 0.84x | $1.55 Billion | $1.85 Billion | $293.10 Million | ▲ +3.2% |
| 2004 | 0.82x | $1.25 Billion | $1.53 Billion | $282.56 Million | ▲ +0.5% |
| 2003 | 0.81x | $1.11 Billion | $1.37 Billion | $258.31 Million | ▲ +2.8% |
| 2002 | 0.79x | $1.02 Billion | $1.29 Billion | $271.42 Million | ▼ -2.6% |
| 2001 | 0.81x | $1.09 Billion | $1.35 Billion | $256.56 Million | ▲ +12.5% |
| 2000 | 0.72x | $808.50 Million | $1.12 Billion | $313.91 Million | ▲ +811.8% |
| 1999 | -0.10x | $-104.90 Million | $1.04 Billion | $1.14 Billion | ▲ +69.4% |
| 1998 | -0.33x | $-238.40 Million | $721.50 Million | $959.90 Million | ▼ -145.3% |
| 1997 | 0.73x | $481.60 Million | $660.30 Million | $178.70 Million | ▼ -0.4% |
| 1996 | 0.73x | $460.70 Million | $629.40 Million | $168.70 Million | ▲ +11.5% |
| 1995 | 0.66x | $287.30 Million | $437.50 Million | $150.20 Million | ▼ -0.8% |
| 1994 | 0.66x | $256.40 Million | $387.50 Million | $131.10 Million | ▲ +7.0% |
| 1993 | 0.62x | $194.20 Million | $314.10 Million | $119.90 Million | ▼ -22.6% |
| 1992 | 0.80x | $248.80 Million | $311.30 Million | $62.50 Million | ▲ +29.1% |
| 1991 | 0.62x | $172.10 Million | $278.10 Million | $106.00 Million | ▲ +4.7% |
| 1990 | 0.59x | $146.30 Million | $247.50 Million | $101.20 Million | ▼ -5.1% |
| 1989 | 0.62x | $139.20 Million | $223.50 Million | $84.30 Million | — |