Illinois Tool Works Inc.
ITW
Rank in Stocks
#312
Illinois Tool Works Inc. is a global enterprise specializing in the production... Illinois Tool Works Inc. is a global enterprise specializing in the production and distribution of a wide array of industrial goods and specialized equipment. The company operates through seven distinct divisions: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM division supplies plastic and metal components, various fastening solutions, and integrated assemblies for automobiles, light-duty trucks, and other industrial applications. Its Food Equipment segment delivers commercial kitchen appliances for washing, refrigeration, cooking, and food processing, alongside comprehensive kitchen exhaust, ventilation, and pollution control systems, and offers related maintenance and repair services. The Test & Measurement and Electronics unit manufactures and sells machinery, expendable supplies, and accompanying software designed for assessing materials and structural integrity, in addition to equipment and consumables critical for the creation of electronic subassemblies and microelectronic components. The Welding division focuses on arc welding apparatus, coupled with metal arc welding consumables and associated accessories. The Polymers & Fluids segment produces adhesives, sealing compounds, lubrication and cutting fluids, and various fluids and polymers intended for automotive aftermarket upkeep and cosmetic purposes. The Construction Products segment provides purpose-engineered fastening systems and comprehensive solutions for new housing, renovation projects, and commercial building industries. Lastly, the Specialty Products segment delivers machinery and supplies for beverage packaging, equipment and expendables for product identification and marking, and specialized components and fasteners for appliances. ITW's broad clientele encompasses sectors such as automotive original equipment manufacturers (OEMs) and their suppliers, the commercial food service industry, construction companies, general industrial enterprises, and the automotive aftermarket. The corporation distributes its offerings directly to industrial manufacturers and via an extensive network of independent distributors. Established in 1912, Illinois Tool Works Inc. is headquartered in Glenview, Illinois.
Share Price
$270.42
Last synced: 2026-10-19
Market Cap
$77.02B
Change (1 day)
-0.68%
Change (1 year)
7.15%
Country
US
Trade Illinois Tool Works Inc. (ITW)
Category
Industrials
P/E ratio for Illinois Tool Works Inc. (ITW)
P/E ratio as of October 2026 TTM: 24.39
According to Illinois Tool Works Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.39. At the end of 2024 the company had a P/E ratio of 21.58.
P/E ratio history for Illinois Tool Works Inc. from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 24.39 | 3.86% |
| 2025 | 23.48 | 8.82% |
| 2024 | 21.58 | -19.51% |
| 2023 | 26.81 | 19.24% |
| 2022 | 22.48 | -22.12% |
| 2021 | 28.87 | -5.77% |
| 2020 | 30.64 | 32.74% |
| 2019 | 23.08 | 39.37% |
| 2018 | 16.56 | -51.34% |
| 2017 | 34.03 | 59.31% |
| 2016 | 21.36 | 18.98% |
| 2015 | 17.96 | 39.05% |
| 2014 | 12.91 | -42.21% |
| 2013 | 22.34 | 124.47% |
| 2012 | 9.95 | -10.17% |
| 2011 | 11.08 | -36.72% |
| 2010 | 17.51 | -30.91% |
| 2009 | 25.35 | 111.81% |
| 2008 | 11.97 | -24.23% |
| 2007 | 15.79 | 3.94% |
| 2006 | 15.19 | -10.17% |
| 2005 | 16.91 | -19.95% |
| 2004 | 21.13 | -16.15% |
| 2003 | 25.20 | -9.47% |
| 2002 | 27.84 | 8.93% |
| 2001 | 25.55 | 36.44% |
| 2000 | 18.73 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
US
|
|
| 26.81 | 9.93% |
DE
|
|
| - | - |
FR
|
|
| - | - |
DE
|
|
| 33.09 | 35.69% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.