Illinois Tool Works Inc. ITW

274.32 2.32 0.85% as of 25 Sep
Market cap
$77.5B
P/E
24.8×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Illinois Tool Works Inc. (ITW) P/E ratio

As of 25 September 2026, Illinois Tool Works Inc. (ITW) trades at a P/E ratio of 24.8×. Over the past ten years it has ranged from 12.3× (June 2015) to 36.6× (January 2018); the current reading is higher than 70% of that period. That is below the Specialty Industrial Machinery industry median of 29.6× and in line with the Industrials sector median of 24.8×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 23.4× 8.59%
FY2024 21.6× (19.16%)
FY2023 26.7× 18.76%
FY2022 22.5× (22.20%)
FY2021 28.9× (5.71%)
FY2020 30.6× 32.76%
FY2019 23.1× 39.24%
FY2018 16.6× (51.00%)
FY2017 33.8× 58.06%
FY2016 21.4× 19.28%

Quarterly

Period P/E ratio Change
Jun 2026 24.5× 1.37%
Mar 2026 24.1× 3.04%
Dec 2025 23.4× (7.16%)
Sep 2025 25.2× 16.68%
42 more quarters

Against its own ten years

Low 12.3× High 36.6×
Ten-year median 23.4×
Current reading's percentile 70

P/E ratio against peers

Company P/E ratio
ITW Illinois Tool Works Inc. 24.8×
CMI Cummins Inc. compare 26.7×
IR Ingersoll Rand Inc. compare 31.1×
PH Parker-Hannifin Corporation compare 33.9×
EMR Emerson Electric Co. compare 34.6×
AME AMETEK, Inc. compare 36.5×
ROK Rockwell Automation, Inc. compare 40.7×
ETN Eaton Corporation, PLC compare 44.6×
SYM Symbotic Inc. compare 435×
Specialty Industrial Machinery industry median 29.6×
Industrials sector median 24.8×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on ITW