Illinois Tool Works Inc.

US$280.95As of Sun 8 Nov 2026, 12:00 UTC

NYSE:ITWIndustrials

Country USA

PE (Fwd) •••

TSR 10Y CAGR 12.08%

Div yield 2.45%

ROE 101.65%

Specialty Industrial Machinery

Beta (5Y) 0.94

PE TTM 25.06

TSR TTM 18.13%

Mkt cap US$79.85B

ROIC 29.29%

SE Grade™

Value

Quality

Moat

Consensus

Reference

$359

27.77%

60.47%

Hold 6|1|4|7|4

TTM

FYE 31 Dec USD

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

17.96

Revenue$B

18.01

19.11

20.65

22.65

24.48

26.31

28.32

31.18

33.87

36.64

18.54

8.40%

8.01%

5.67

Revenue growth%

31.72

30.82

30.85

29.14

31.32

32.99

35.12

34.58

37.33

36.85

6.78

35.12

32.36

6.57

Gross margin%

4.97

3.76

5.60

7.58

5.51

8.29

9.34

9.94

8.76

5.84

20.06

8.76

6.71

25.77

Operating margin%

16.25

18.96

17.13

18.42

19.67

21.95

22.05

22.95

21.90

24.28

21.62

22.05

20.79

11.59

Net margin%

9.74

10.95

10.42

10.12

12.22

11.35

8.62

8.75

9.28

6.87

9.56

8.75

9.93

31.48

P/E ratio (avg)x

38.18

42.26

41.57

45.79

45.29

46.85

54.60

56.93

54.02

59.97

11.80

54.60

46.32

20.65

EV/EBITx

54.35

59.97

67.57

73.27

68.20

77.68

77.75

81.95

83.24

80.25

8.623

80.25

75.48

7.38

FCF yield (avg)%

10.23

13.11

14.57

13.78

13.04

15.03

15.87

14.44

16.06

18.72

27.52

15.87

14.50

13.92

FCF margin%

12.19

12.60

12.16

10.29

7.53

8.80

7.74

5.32

3.42

1.11

10.44

5.32

8.27

0.827

FCF / Net incomex

1.114

1.042

1.144

1.182

1.103

1.237

1.408

1.538

1.551

1.639

0.204

1.538

1.210

10.98

ROIC%

13.56

11.99

14.98

13.48

15.26

15.02

14.25

13.73

16.35

18.49

16.39

15.02

14.61

20.66

Return on equity%

0.97

3.29

4.68

7.55

6.46

6.17

6.02

7.55

9.71

8.33

24.03

7.55

6.32

19.87

Return on assets%

0.70

0.40

3.24

1.44

4.27

7.16

7.33

7.68

9.25

9.66

6.04

7.68

5.72

15.04

EPS$

42.21

39.79

40.30

37.12

36.93

40.21

34.87

34.22

36.83

36.02

16.67

(0.50%)

(1.00%)

—

26.36

EPS growth%

8.11

9.65

7.26

7.04

8.98

7.25

7.77

8.97

6.73

3.79

7.01

7.25

7.51

42.93

Bookvalue per sh$

23.44

26.81

25.81

25.61

25.94

28.79

31.96

37.02

38.78

40.32

15.16

9.22%

7.17%

—

12.90

FCF per share$

15.92

16.16

15.92

16.69

18.62

18.01

18.74

16.84

16.73

15.39

46.80

(3.74%)

(0.71%)

—

35.48

Dividend per sh$

37.14

36.05

34.44

34.58

34.14

37.42

37.93

37.82

41.70

46.40

40.92

6.33%

1.68%

—

10.81

Div yield (avg)%

26.93

24.99

24.77

27.00

27.53

27.49

29.86

29.92

31.18

28.38

26.84

29.86

27.51

18.80

Payout ratio%

13.57

14.21

13.39

14.84

17.59

19.89

20.85

18.02

17.34

18.27

10.73

18.27

17.46

278.5

Shares (diluted)M

383.0

459.1

528.7

551.8

567.3

616.6

726.6

843.4

935.7

960.4

280.2

11.10%

9.52%

4.89

Buyback yield%

0.40

2.81

2.45

4.29

1.48

4.21

2.55

0.40

13.41

2.55

1.97

0.592

D/E ratiox

1.280

1.231

1.183

1.110

1.124

1.092

1.162

1.178

1.235

1.211

1.044

1.178

1.180

25.23

Enterprise value$B

18.08

16.87

16.02

17.49

18.03

18.95

19.82

20.39

23.23

25.64

27.40

7.30%

4.87%

20.30

LT debt$B

4.754

5.113

5.608

6.079

6.371

6.087

6.415

6.646

7.640

8.060

22.60

4.82%

6.33%

Peers (US$79.85B)

Cap (US$)

Parker-Hannifin…

115.7B

31.52x

Emerson Electric Co.

90.56B

33.91x

Cummins Inc.

61.69B

18.78x

Atlas Copco AB (publ)

87.10B

32.47x

Capital

TTM

10Y

Leveragex

3.717

0.036

0.026

EBIT/Intx

1.080

0.430

0.365

Own earn%

(5.91)

(151.47)

(153.10)

Sh yield%

15.70

31.78

29.90

Owners

Insiders/Inst%

13.43

21.39

Short interest%

5.15

SBC / revenue%

3.78

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

16–24

$1 testx

—

Incr. ROIC%

Illinois Tool Works Inc. provides industrial products across seven segments, including automotive components, food equipment, test and measurement and electronics, welding, polymers and fluids, construction fastening systems, and specialty packaging and coding products. It sells directly to industrial manufacturers and through independent distributors in North America, Europe, the Middle East, Africa, Asia Pacific, and South America.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

$36.64B

8.01%

1.00×

Cost of revenue

$25.65B

8.01%

1.00×

Operating expenses

$6.360B

8.10%

1.01×