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. In the quarter to June 2026, revenue grew 6.12%, EPS grew 10.5%, free cash flow grew 39.7% and total debt rose 8.47%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.

272.38 1.19 +0.44%
Market cap
$77.2B
P/E
24.6×
Fwd P/E
22.3×
Dividend yield
2.40%
F-score
4/9
Altman Z
7.88
Beneish M
−2.43
Dividend safety
76/100

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

Alert me on P/E ratio

As of 16 October 2026, Illinois Tool Works Inc. (ITW) trades at a P/E ratio of 24.6×. Over the past ten years it has ranged from 12.3× (June 2015) to 36.6× (January 2018); the current reading is higher than 69% of that period. That is below the Specialty Industrial Machinery industry median of 28.4× and in line with the Industrials sector median of 24.7×.

P/E ratio, daily

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Annual newest first

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 newest first

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 66

P/E ratio against peers

Company P/E ratio
OTIS Otis Worldwide Corporation compare 18.2×
ITW Illinois Tool Works Inc. 24.6×
CMI Cummins Inc. compare 27.0×
IR Ingersoll Rand Inc. compare 31.7×
PH Parker-Hannifin Corporation compare 33.3×
EMR Emerson Electric Co. compare 35.3×
AME AMETEK, Inc. compare 36.1×
ETN Eaton Corporation, PLC compare 39.7×
ROK Rockwell Automation, Inc. compare 39.9×
Specialty Industrial Machinery industry median 28.4×
Industrials sector median 24.7×
Market median 18.1×

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 →

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