Illinois Tool Works Inc (ITW)
251.41
+0.77
(+0.31%)
USD |
NYSE |
Apr 24, 15:35
Illinois Tool Works Debt to Equity Ratio: 2.710 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 2.710 |
| September 30, 2023 | 2.686 |
| June 30, 2023 | 2.658 |
| March 31, 2023 | 2.703 |
| December 31, 2022 | 2.514 |
| September 30, 2022 | 2.532 |
| June 30, 2022 | 2.262 |
| March 31, 2022 | 2.194 |
| December 31, 2021 | 2.121 |
| September 30, 2021 | 2.162 |
| June 30, 2021 | 2.173 |
| March 31, 2021 | 2.428 |
| December 31, 2020 | 2.553 |
| September 30, 2020 | 2.947 |
| June 30, 2020 | 3.296 |
| March 31, 2020 | 3.370 |
| December 31, 2019 | 2.564 |
| September 30, 2019 | 2.577 |
| June 30, 2019 | 2.526 |
| March 31, 2019 | 2.422 |
| December 31, 2018 | 2.268 |
| September 30, 2018 | 2.090 |
| June 30, 2018 | 1.960 |
| March 31, 2018 | 1.815 |
| December 31, 2017 | 1.816 |
| Date | Value |
|---|---|
| September 30, 2017 | 1.620 |
| June 30, 2017 | 1.688 |
| March 31, 2017 | 1.753 |
| December 31, 2016 | 1.840 |
| September 30, 2016 | 1.607 |
| June 30, 2016 | 1.448 |
| March 31, 2016 | 1.342 |
| December 31, 2015 | 1.421 |
| September 30, 2015 | 1.536 |
| June 30, 2015 | 1.474 |
| March 31, 2015 | 1.517 |
| December 31, 2014 | 1.088 |
| September 30, 2014 | 0.9659 |
| June 30, 2014 | 0.8548 |
| March 31, 2014 | 0.889 |
| December 31, 2013 | 0.6538 |
| September 30, 2013 | 0.4909 |
| June 30, 2013 | 0.496 |
| March 31, 2013 | 0.4878 |
| December 31, 2012 | 0.478 |
| September 30, 2012 | 0.4873 |
| June 30, 2012 | 0.4865 |
| March 31, 2012 | 0.4709 |
| December 31, 2011 | 0.3983 |
| September 30, 2011 | 0.4638 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
2.121
Minimum
Dec 2021
3.370
Maximum
Mar 2020
2.578
Average
2.553
Median
Dec 2020
Debt to Equity Ratio Benchmarks
| Nordson Corp | 0.5986 |
| ITT Inc | 0.0765 |
| American Superconductor Corp | 0.0005 |
| Taylor Devices Inc | 0.00 |
| TPI Composites Inc | -3.967 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 15.52B |
| Total Liabilities (Quarterly) | 12.50B |
| Shareholders Equity (Quarterly) | 3.012B |
| Current Ratio | 1.334 |
| Net Debt Paydown Yield | -0.14% |