Illinois Tool Works Inc.

ITW Industrials Specialty Industrial Machinery

Illinois Tool Works Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.0 billion, up 0.92% from fiscal 2024.

Revenue
+4.36%
EPS
+6.53%
Free cash flow
−5.57%
Total debt
+4.81%

Quarter to September 2026, against a year earlier

282.63 2.78 −0.97%
Market cap
$81.1B
P/E
25.4×
Fwd P/E
24.3×
Dividend yield
2.30%
F-score
4/9
Altman Z
7.88
Beneish M
−2.43
Dividend safety
76/100

Illinois Tool Works Inc. (ITW) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Illinois Tool Works Inc. (ITW) trades at a EV/EBITDA of 18.6×. Over the past ten years it has ranged from 10.2× (August 2015) to 23.5× (May 2021); the current reading is higher than 74% of that period. That is above the Specialty Industrial Machinery industry median of 15.2× and above the Industrials sector median of 12.4×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 17.3× (1.63%)
FY2024 17.6× (9.13%)
FY2023 19.4× 8.15%
FY2022 17.9× (17.00%)
FY2021 21.6× 1.82%
FY2020 21.2× 26.91%
FY2019 16.7× 39.88%
FY2018 11.9× (24.08%)
FY2017 15.7× 13.57%
FY2016 13.9× 20.56%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 16.9× (6.53%)
Jun 2026 18.1× 1.85%
Mar 2026 17.8× 2.69%
Dec 2025 17.3× (5.83%)
43 more quarters

Against its own ten years

Low 10.2× High 23.5×
Ten-year median 17.2×
Current reading's percentile 74

EV/EBITDA against peers

Company EV/EBITDA
CMI Cummins Inc. compare 11.4×
IR Ingersoll Rand Inc. compare 14.6×
EMR Emerson Electric Co. compare 16.5×
ITW Illinois Tool Works Inc. 18.6×
ETN Eaton Corporation, PLC compare 20.9×
ROK Rockwell Automation, Inc. compare 22.2×
AME AMETEK, Inc. compare 22.3×
PH Parker-Hannifin Corporation compare 22.5×
GEV GE Vernova Inc. compare 45.2×
Specialty Industrial Machinery industry median 15.2×
Industrials sector median 12.4×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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