Illinois Tool Works Inc. (ITW) vs Parker-Hannifin Corporation (PH)
Illinois Tool Works Inc. and Parker-Hannifin Corporation are both Specialty Industrial Machinery companies. Parker-Hannifin Corporation is the larger, with a market value of $123.0B against $77.5B — 1.6× the size. Illinois Tool Works Inc. trades at the lower P/E: 24.8× against 33.9×. Parker-Hannifin Corporation grew revenue faster over the last twelve months: 8.31% against 4.30%. Illinois Tool Works Inc. has the higher net margin (19.4% vs 17.0%) and the higher return on invested capital (23.2% vs 13.4%). Both pay a dividend; Illinois Tool Works Inc. yields more (2.18% vs 1.16%). Across the 23 metrics below, Illinois Tool Works Inc. leads on 14 and Parker-Hannifin Corporation on 9.
Valuation
Profitability
| Metric | ITW | PH | Specialty Industrial Machinery median |
|---|---|---|---|
| Gross margin | 44.16% | 37.69% | 35.90% |
| Operating margin | 26.50% | 21.55% | 11.22% |
| Net margin | 19.39% | 16.97% | 7.80% |
| Free cash flow margin | 17.78% | 18.35% | 9.51% |
| Return on equity | 104.62% | 25.07% | 11.10% |
| Return on assets | 19.63% | 12.09% | 4.63% |
| Return on invested capital | 23.21% | 13.36% | 5.37% |
Growth
Health
Dividend
Size
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