ILLINOIS TOOL WORKS INC

ITW

Quality scores

Data as of Sep 5, 2026

4 / 9

Neutral

4/9 — middling fundamentals (neutral zone).

PassROA > 0 — ROA last year = 18.99 %
PassFCF > 0 — FCF last year = 2,707.00 mill.
FailFCF > net income (accrual quality) — FCF 2,707.00 vs. net income 3,066.00 (mill.)
FailRising ROA — ROA 18.99 % vs. prior year 23.15 %

PassLower long-term leverage — long-term debt/assets 0.41 vs. prior 0.42
FailRising current ratio (more liquidity) — Current ratio 1.21 vs. prior 1.36
PassNo dilution (shares do not grow) — Shares 288.60 mill. vs. prior 294.00 mill.

Z-Score (original)

8.12

Safe zone

Z''-Score (non-manufacturing)

11.79

Safe zone

Ratio	Value
X1 — Working capital / Total assets	0.07
X2 — Retained earnings / Total assets	1.87
X3 — EBIT / Total assets	0.26
X4 — Market cap / Total liabilities	5.95
X4 — Book equity / Total liabilities	0.25
X5 — Sales / Total assets	0.99