ILLINOIS TOOL WORKS INC

ITW Industrials & Manufacturing 3/10 Low Risk
3/10

ILLINOIS TOOL WORKS INC has $7.1B in total long-term debt with $7.7B in scheduled maturities. Approximately $999M (13% of maturities) is due within the next twelve months, and operating income covers interest expense 20.0x. Overall, ITW carries low refinancing risk (score 3/10).

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
$7.1B
Near-Term (12mo)
$999M
Interest Coverage
20.0x
Debt/Equity
N/A
Cash Coverage
0.95x
Operating Income
$4.0B

Score Components

Component Value Weight
Near-Term Maturity Concentration 13.0% 30%
Interest Coverage Ratio 20.00x 25%
Debt-to-Equity Ratio N/A 25%
Cash Coverage of Near-Term Debt 0.95x 20%

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Data Source: Financial data sourced from SEC EDGAR XBRL filings (10-K annual reports). Most recent filing date: 2026-02-13. Data last fetched: 2026-03-15. Maturity schedules reflect the company's most recently reported debt repayment obligations. Data quality: Partial.