Illinois Tool Works Inc Working Capital to Net Assets Ratio
Illinois Tool Works Inc working capital to net assets ratio. Illinois Tool Works Inc (ITW) has a Working Capital to Net Assets ratio of 22.3% as of June 2026. Working capital of $647.00 Million (current assets of $6.60 Billion minus current liabilities of $5.95 Billion) is measured against net assets of $2.90 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of Illinois Tool Works Inc to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Illinois Tool Works Inc (1985–2025)
Working capital to net assets ratio of Illinois Tool Works Inc from 1985 to 2025. This chart shows how Illinois Tool Works Inc's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1985 to 2025. As of June 2026, the ratio stands at 22.3%, reflecting working capital of $647.00 Million against net assets of $2.90 Billion USD. See how many days can Illinois Tool Works Inc fund operations to measure how many days the company can operate on defensive assets alone.
Illinois Tool Works Inc Working Capital to Net Assets Ratio by Year (1985–2025)
Illinois Tool Works Inc working capital to net assets ratio by year from 1985 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Illinois Tool Works Inc from 1985 to 2025, covering 41 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Illinois Tool Works Inc assets under control.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 33.3% | $1.07 Billion | $3.23 Billion | $6.20 Billion | $5.13 Billion | ▼ -13.4 pp |
| 2024 | 46.7% | $1.55 Billion | $3.32 Billion | $5.86 Billion | $4.31 Billion | ▼ -5.1 pp |
| 2023 | 51.8% | $1.56 Billion | $3.01 Billion | $6.24 Billion | $4.67 Billion | ▼ -6.8 pp |
| 2022 | 58.6% | $1.81 Billion | $3.09 Billion | $6.27 Billion | $4.46 Billion | ▼ -21.5 pp |
| 2021 | 80.1% | $2.90 Billion | $3.63 Billion | $6.37 Billion | $3.47 Billion | ▼ -43.5 pp |
| 2020 | 123.6% | $3.93 Billion | $3.18 Billion | $6.52 Billion | $2.59 Billion | ▼ -11.6 pp |
| 2019 | 135.3% | $4.10 Billion | $3.03 Billion | $6.25 Billion | $2.15 Billion | ▲ +66.6 pp |
| 2018 | 68.6% | $2.24 Billion | $3.26 Billion | $5.78 Billion | $3.54 Billion | ▼ -23.4 pp |
| 2017 | 92.1% | $4.22 Billion | $4.59 Billion | $7.28 Billion | $3.05 Billion | ▲ +13.1 pp |
| 2016 | 79.0% | $3.36 Billion | $4.26 Billion | $6.12 Billion | $2.76 Billion | ▼ -4.3 pp |
| 2015 | 83.2% | $4.35 Billion | $5.23 Billion | $6.72 Billion | $2.37 Billion | ▲ +16.7 pp |
| 2014 | 66.6% | $4.54 Billion | $6.82 Billion | $8.08 Billion | $3.53 Billion | ▲ +27.6 pp |
| 2013 | 39.0% | $3.78 Billion | $9.71 Billion | $9.82 Billion | $6.03 Billion | ▼ -11.3 pp |
| 2012 | 50.2% | $5.31 Billion | $10.57 Billion | $7.96 Billion | $2.65 Billion | ▲ +11.6 pp |
| 2011 | 38.6% | $3.87 Billion | $10.03 Billion | $6.85 Billion | $2.98 Billion | ▲ +7.9 pp |
| 2010 | 30.6% | $2.87 Billion | $9.38 Billion | $5.97 Billion | $3.09 Billion | ▼ -1.6 pp |
| 2009 | 32.2% | $2.84 Billion | $8.82 Billion | $5.67 Billion | $2.84 Billion | ▲ +18.5 pp |
| 2008 | 13.7% | $1.05 Billion | $7.66 Billion | $5.92 Billion | $4.88 Billion | ▼ -20.6 pp |
| 2007 | 34.3% | $3.21 Billion | $9.35 Billion | $6.17 Billion | $2.96 Billion | ▲ +5.8 pp |
| 2006 | 28.5% | $2.57 Billion | $9.02 Billion | $5.21 Billion | $2.64 Billion | ▲ +0.5 pp |
| 2005 | 28.0% | $2.11 Billion | $7.55 Billion | $4.11 Billion | $2.00 Billion | ▼ -4.4 pp |
| 2004 | 32.4% | $2.47 Billion | $7.63 Billion | $4.32 Billion | $1.85 Billion | ▼ -9.4 pp |
| 2003 | 41.8% | $3.29 Billion | $7.87 Billion | $4.78 Billion | $1.49 Billion | ▲ +7.1 pp |
| 2002 | 34.8% | $2.31 Billion | $6.65 Billion | $3.88 Billion | $1.57 Billion | ▲ +7.5 pp |
| 2001 | 27.2% | $1.65 Billion | $6.04 Billion | $3.16 Billion | $1.52 Billion | ▼ -0.8 pp |
| 2000 | 28.0% | $1.51 Billion | $5.40 Billion | $3.33 Billion | $1.82 Billion | ▲ +2.5 pp |
| 1999 | 25.5% | $1.23 Billion | $4.82 Billion | $3.27 Billion | $2.05 Billion | ▲ +7.1 pp |
| 1998 | 18.3% | $612.50 Million | $3.34 Billion | $1.83 Billion | $1.22 Billion | ▼ -6.6 pp |
| 1997 | 25.0% | $700.70 Million | $2.81 Billion | $1.86 Billion | $1.16 Billion | ▲ +4.9 pp |
| 1996 | 20.1% | $481.80 Million | $2.40 Billion | $1.70 Billion | $1.22 Billion | ▼ -15.3 pp |
| 1995 | 35.4% | $681.60 Million | $1.92 Billion | $1.53 Billion | $850.90 Million | ▼ -5.7 pp |
| 1994 | 41.2% | $634.50 Million | $1.54 Billion | $1.26 Billion | $628.40 Million | ▼ -2.3 pp |
| 1993 | 43.5% | $547.50 Million | $1.26 Billion | $1.09 Billion | $546.10 Million | ▲ +6.8 pp |
| 1992 | 36.7% | $492.10 Million | $1.34 Billion | $1.00 Billion | $512.70 Million | ▲ +0.3 pp |
| 1991 | 36.5% | $442.00 Million | $1.21 Billion | $1.09 Billion | $646.00 Million | ▼ -19.9 pp |
| 1990 | 56.3% | $615.10 Million | $1.09 Billion | $1.14 Billion | $528.40 Million | ▲ +5.8 pp |
| 1989 | 50.6% | $440.40 Million | $871.10 Million | $824.20 Million | $383.80 Million | ▼ -2.1 pp |
| 1988 | 52.7% | $392.20 Million | $744.70 Million | $713.60 Million | $321.40 Million | ▼ -2.0 pp |
| 1987 | 54.6% | $332.40 Million | $608.50 Million | $674.20 Million | $341.80 Million | ▼ -7.0 pp |
| 1986 | 61.6% | $293.60 Million | $476.60 Million | $597.80 Million | $304.20 Million | ▲ +18.9 pp |
| 1985 | 42.7% | $172.20 Million | $403.40 Million | $262.20 Million | $90.00 Million | — |