Illinois Tool Works Inc (ITW) - Total Assets
Based on the latest financial reports, Illinois Tool Works Inc (ITW) holds total assets worth $16.15 Billion USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore ITW operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Illinois Tool Works Inc - Total Assets Trend (1985–2025)
This chart illustrates how Illinois Tool Works Inc's total assets have evolved over time, based on quarterly financial data. See net assets of Illinois Tool Works Inc for net asset value and shareholders' equity analysis.
Illinois Tool Works Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Illinois Tool Works Inc's total assets of $16.15 Billion consist of 38.4% current assets and 61.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $851.00 Million | 5.3% |
| Accounts Receivable | $3.23 Billion | 20.0% |
| Inventory | $1.66 Billion | 10.3% |
| Property, Plant & Equipment | $2.23 Billion | 13.8% |
| Intangible Assets | $591.00 Million | 3.7% |
| Goodwill | $5.10 Billion | 31.6% |
Asset Composition Trend (1985–2025)
This chart illustrates how Illinois Tool Works Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Illinois Tool Works Inc market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Illinois Tool Works Inc's current assets represent 38.4% of total assets in 2025, a decrease from 50.2% in 1985.
- Cash Position: Cash and equivalents constituted 5.3% of total assets in 2025, down from 10.3% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 34.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is goodwill at 31.6% of total assets.
Illinois Tool Works Inc Competitors by Total Assets
Key competitors of Illinois Tool Works Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Vestas Wind Systems A/S
F:VWSA
|
Germany | €26.71 Billion |
|
X-Energy, Inc. Class A Common Stock
NASDAQ:XE
|
USA | $1.20 Billion |
|
FLSmidth & Co.
CO:FLS
|
Denmark | Dkr22.09 Billion |
|
SIASUN Robot Automation Co
SHE:300024
|
China | CN¥11.88 Billion |
|
CITIC Heavy Industries Co Ltd
SHG:601608
|
China | CN¥19.87 Billion |
|
Hpsp Co Ltd
KQ:403870
|
Korea | ₩392.68 Billion |
|
Hyundai Elevator
KO:017800
|
Korea | ₩3.75 Trillion |
|
DUERR AG UNSP.ADR 1/5
F:DUEB
|
Germany | €4.66 Billion |
Illinois Tool Works Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.21 | 1.36 | 2.50 |
| Quick Ratio | 0.89 | 0.99 | 2.02 |
| Cash Ratio | 0.17 | 0.22 | 0.00 |
| Working Capital | $1.07 Billion | $1.55 Billion | $4.02 Billion |
Illinois Tool Works Inc - Advanced Valuation Insights
This section examines the relationship between Illinois Tool Works Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 24.40 |
| Latest Market Cap to Assets Ratio | 4.88 |
| Asset Growth Rate (YoY) | 7.2% |
| Total Assets | $16.15 Billion |
| Market Capitalization | $78.73 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Illinois Tool Works Inc's assets at a significant premium (4.88x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Illinois Tool Works Inc's assets grew by 7.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Illinois Tool Works Inc (1985–2025)
The table below shows the annual total assets of Illinois Tool Works Inc from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $16.15 Billion | +7.17% |
| 2024-12-31 | $15.07 Billion | -2.91% |
| 2023-12-31 | $15.52 Billion | +0.62% |
| 2022-12-31 | $15.42 Billion | -4.07% |
| 2021-12-31 | $16.08 Billion | +2.98% |
| 2020-12-31 | $15.61 Billion | +3.61% |
| 2019-12-31 | $15.07 Billion | +1.33% |
| 2018-12-31 | $14.87 Billion | -11.38% |
| 2017-12-31 | $16.78 Billion | +10.39% |
| 2016-12-31 | $15.20 Billion | -3.36% |
| 2015-12-31 | $15.73 Billion | -11.03% |
| 2014-12-31 | $17.68 Billion | -11.46% |
| 2013-12-31 | $19.97 Billion | +3.40% |
| 2012-12-31 | $19.31 Billion | +7.37% |
| 2011-12-31 | $17.98 Billion | +10.67% |
| 2010-12-31 | $16.25 Billion | +1.05% |
| 2009-12-31 | $16.08 Billion | +5.71% |
| 2008-12-31 | $15.21 Billion | -2.01% |
| 2007-12-31 | $15.53 Billion | +11.85% |
| 2006-12-31 | $13.88 Billion | +21.27% |
| 2005-12-31 | $11.45 Billion | +0.83% |
| 2004-12-31 | $11.35 Billion | +1.42% |
| 2003-12-31 | $11.19 Billion | +5.37% |
| 2002-12-31 | $10.62 Billion | +8.15% |
| 2001-12-31 | $9.82 Billion | +2.28% |
| 2000-12-31 | $9.60 Billion | +5.99% |
| 1999-12-31 | $9.06 Billion | +48.09% |
| 1998-12-31 | $6.12 Billion | +13.41% |
| 1997-12-31 | $5.39 Billion | +12.25% |
| 1996-12-31 | $4.81 Billion | +33.02% |
| 1995-12-31 | $3.61 Billion | +40.02% |
| 1994-12-31 | $2.58 Billion | +10.42% |
| 1993-12-31 | $2.34 Billion | +6.02% |
| 1992-12-31 | $2.20 Billion | -2.34% |
| 1991-12-31 | $2.26 Billion | +4.97% |
| 1990-12-31 | $2.15 Billion | +27.39% |
| 1989-12-31 | $1.69 Billion | +22.30% |
| 1988-12-31 | $1.38 Billion | +7.42% |
| 1987-12-31 | $1.28 Billion | +0.68% |
| 1986-12-31 | $1.28 Billion | +144.53% |
| 1985-12-31 | $521.90 Million | -- |
About Illinois Tool Works Inc
Illinois Tool Works Inc. provides industrial products and equipment in North America, Europe, the Middle East, Africa, the Asia Pacific, and South America. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, … Read more