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Stocks/Industrials/Industrial Machinery & Supplies & Components

Illinois Tool WorksITW

Industrial Machinery & Supplies & Components · Glenview, Illinois · In the S&P 500
High quality
$278.55−1.01%After hours: $278.55 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 15.1% over 1 year
Illinois Tool Works over 1 yearDaily close, $, to 30 Oct 2026
$240$260$300Nov2026MarMayJulSep$278.55$250$300NovMarJul$278.55
Source: Nasdaq daily closes
Market value$79.16B
Price to earnings25.1x
Forward P/E23.6x
Dividend yield2.47%
Year to date+13.1%
One year+15.1%
Next earningsNot scheduled
SectorIndustrials
52-week range (closes)
$241.07$299.60

Quality and valuation

How Illinois Tool Works compares with other industrials stocks. A description, not a recommendation.

Illinois Tool Works and 7 industrial machinery & supplies & components peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: in line with its sector

A stronger business than most industrials companies, priced about in line with them.

Illinois Tool Works trades at 23.6 times the next 12 months of expected earnings, against a median of 21.4x for the 89 industrials stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +4.8% vs +8.2%
  • Keeps more of each sale (gross margin): 53.1% vs 38.1%
  • More profitable (operating margin): 26.6% vs 17.5%
  • Turns more of its sales into cash: 17.2% vs 13.1%
ITW trades at 23.6x forward earnings, above the sector medianForward p/e, Industrial Machinery & Supplies & Components peers
XYL16.6xOTIS18.0xDOV18.4xHUBB19.4xIR21.8xITW23.6xPH25.3xGWW28.0xSector median 21.4xXYL16.6xOTIS18.0xDOV18.4xHUBB19.4xIR21.8xITW23.6xPH25.3xGWW28.0xSector median 21.4x
Source: CNBC quotes; Mostly Markets
At 24.8x earnings, ITW is pricier than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
20xAverage 23.6x2025202624.8x20xAverage 23.6x2025202624.8x
Source: Nasdaq prices; SEC filings

Financials

From Illinois Tool Works's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 4.4% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$4.2bnQ3 ’26$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$4.2bnQ3 ’26
Source: SEC filings
Growth slowed to +4.4% last quarterRevenue growth, year on year, %
−2%0%2%5%Q4 ’24Q2 ’25Q4 ’254.4%Q3 ’260%5%Q4 ’24Q2 ’25Q4 ’254.4%Q3 ’26
Source: SEC filings
Operating margin was 27.8% last quarterOperating income as a share of revenue, %
0%10%20%Q4 ’24Q2 ’25Q4 ’2527.8%Q3 ’260%10%20%Q4 ’24Q2 ’25Q4 ’2527.8%Q3 ’26
Source: SEC filings
Free cash flow was $2.9 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$250m$500m$750mQ4 ’24Q2 ’25Q4 ’25$851mQ3 ’26$0m$500mQ4 ’24Q2 ’25Q4 ’25$851mQ3 ’26
Source: SEC filings
Last 12 monthsITWSector median
Revenue growth+4.8%+8.2%
Gross margin53.1%38.1%
Operating margin26.6%17.5%
Free cash flow margin17.2%13.1%
Price to earnings25.1x25.8x

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IRIngersoll Rand$80.05+0.05%+1.0%$31.06B
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FTVFortive$65.23−0.93%+18.1%$19.41B