Illinois Tool Works

ITW Industrials & Manufacturing 3/10 Low Risk
3/10
Sector avg: 4.0/10

Illinois Tool Works carries $7.7B in long-term debt, with $7.7B in scheduled principal maturities. With $2.5B (32% of maturities) due within 24 months, ITW faces a meaningful refinancing window. DebtCanary scores ITW at 3/10, suggesting manageable refinancing risk.

Maturity Schedule

Year 1 $999M Year 2 $1.5B Year 3 $759M Year 4 $0 Year 5 $585M Beyond 5 $3.9B
Period Amount Due % of Total
Year 1 (0-12 months) $999M 13.0%
Year 2 (12-24 months) $1.5B 19.1%
Year 3 (24-36 months) $759M 9.9%
Year 4 (36-48 months) $0 0.0%
Year 5 (48-60 months) $585M 7.6%
Beyond 5 Years $3.9B 50.4%
Total Scheduled Maturities $7.7B 100.0%

Key Metrics

Total Long-Term Debt
$7.7B
Near-Term (12mo)
$999M
Interest Coverage
15.8x
Debt/Equity
N/A
Cash Coverage
0.85x
Operating Income
$4.2B

Score Components

Component Value Weight
Near-Term Maturity Concentration 13.0% 30%
Interest Coverage Ratio 15.8x 25%
Debt-to-Equity Ratio N/A 25%
Cash Coverage of Near-Term Debt 0.85x 20%

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Data Source: Financial data sourced from SEC EDGAR XBRL filings (10-K annual reports). Fiscal period end: 2025-12-31. Filing date: 2026-02-13. Data last fetched: 2026-03-29. Maturity schedules reflect the company's most recently reported debt repayment obligations. Data quality: Partial.
View SEC EDGAR filings for Illinois Tool Works →