ITW vs DOV vs AME Stock Comparison

Illinois Tool Works, Dover and Ametek Prices as of Oct 26, 2026 Peers: Industry group
ITW Illinois Tool Works Inc
$276.01 +0.7% 1M +12.3% 1Y
Market cap
$78.95B
P/E
24.7x
Revenue (TTM)
$16.47B
Div. yield
0.02%
Industrial Machinery Industrials
4 wins
DOV DOVER Corp
$202.49 +5.6% 1M +14.1% 1Y
Market cap
$27.78B
P/E
23.8x
Revenue (TTM)
$8.58B
Div. yield
–
Industrial Machinery Industrials
2 wins
AME Ametek Inc/
$242.89 -3.3% 1M +29.8% 1Y
Market cap
$56.47B
P/E
35.8x
Revenue (TTM)
$7.86B
Div. yield
0.01%
Industrial Machinery Industrials
6 wins

Head to Head

12 decided of 12

Ametek leads on 6 of the 12 questions below (Ametek 6, Illinois Tool Works 4, Dover 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionITWDOVAMELeader
Larger companyMarket capitalisation $78.95B $27.78B $56.47B ITW
Cheaper on earningsLower P/E, profitable companies only 24.7x 23.8x 35.8x DOV
Cheaper on forward earningsLower price / next fiscal year consensus EPS 25.9x 19.8x 29.6x DOV
Faster revenue growthRevenue growth, trailing twelve months +4.3% +8.2% +12.7% AME
More profitableNet margin, trailing twelve months 19.4% — 20.0% AME
Better return on capitalReturn on invested capital 27.1% — 12.8% ITW
Less leveragedLower net debt / EBITDA 1.9x — 0.6x AME
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.01% ITW
Better 1-year returnPrice return, last 12 months +12.3% +14.1% +29.8% AME
Better 5-year returnAnnualised price return, 5 years +4.4%/yr +4.1%/yr +13.3%/yr AME
Less volatileAnnualised volatility, 1 year 21.3% 24.9% 23.9% ITW
Higher overall scoreMean of the five percentile scores vs peers 48/100 41/100 62/100 AME

Percentile Scorecard

ITWDOVAME

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisITWDOVAME
Valuation 26 #150 of 203 47 #109 of 203 17 #168 of 203
Growth 33 #125 of 187 46 #102 of 187 63 #70 of 187
Profitability 100 #2 of 185 – 92 #15 of 185
Financial Health 23 #170 of 219 – 69 #69 of 219
Shareholder Returns 59 #63 of 153 32 #104 of 153 70 #46 of 153
Overall 48 41 62
  • ITW ranked among 222 companies in Machinery
  • DOV ranked among 222 companies in Machinery
  • AME ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodITWDOVAMESPY
1 month +0.7%+5.6%-3.3% -0.8%
3 months -3.0%-1.6%-0.1% +3.5%
6 months +2.3%-10.5%+4.3% +7.0%
Year to date +12.1%+3.7%+18.3% +12.2%
1 year +12.3%+14.1%+29.8% +13.0%
3 years +23.6%+57.7%+74.5% +86.3%
3 years, per year +7.3%+16.4%+20.4% +23.1%
5 years +24.2%+22.3%+87.0% +68.6%
5 years, per year +4.4%+4.1%+13.3% +11.0%
10 years +143.4%+265.5%+441.8% +258.0%
10 years, per year +9.3%+13.8%+18.4% +13.6%

Risk

MeasureITWDOVAMESPY
Volatility, 1Y 21.3%24.9%23.9% 12.7%
Downside volatility, 1Y 20.8%25.2%22.8% 12.7%
Beta vs S&P 500, 1Y 0.470.930.97 1.00
Return / volatility, 1Y 0.580.571.25 1.02
Max drawdown, 5Y -28.9%-36.3%-27.3% -25.4%
From 52-week high -7.9%-13.2%-6.1% -1.8%
52-week high $299.60$233.31$258.54 $779.14
52-week low $241.07$177.96$184.19 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleITWDOVAME
P/E now vs peer median 24.7xmedian 26.0x 23.4xmedian 26.0x 35.3xmedian 26.0x
P/S now vs peer median 4.8xmedian 1.9x 3.2xmedian 1.9x 7.1xmedian 1.9x
EV/EBITDA now vs peer median 18.4xmedian 14.0x —median 14.0x 23.3xmedian 14.0x
P/FCF now vs peer median 26.9xmedian 21.4x 21.7xmedian 21.4x 30.5xmedian 21.4x
P/B now vs peer median 27.2xmedian 2.2x —median 2.2x 4.9xmedian 2.2x
PEG now vs peer median 8.37median 1.26 4.10median 1.26 4.06median 1.26

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsITWDOVAME
Revenue $16.47B $8.58B $7.86B
Gross profit $7.27B $3.40B $2.86B
Operating income $4.36B – $2.04B
Net income $3.19B – $1.58B
Free cash flow $2.92B – $1.82B
EPS (diluted) $11.13 $8.60 $6.86
Cash & equivalents $839.00M – $495.45M
Total debt $9.69B – $2.04B
Shares (diluted) 287.00M 135.55M 229.86M
Enterprise value $75.51B $27.78B $54.59B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricITWDOVAME
P/E 24.7x 23.4x 35.3x
P/FCF 26.9x 21.7x 30.5x
P/Operating cash flow 23.6x 19.3x 28.4x
P/S 4.8x 3.2x 7.1x
P/B 27.2x – 4.9x
P/Tangible book 33.6x – 7.9x
EV/EBITDA 18.4x – 23.3x
EV/EBIT 20.0x – 28.1x
EV/Revenue 5.3x 3.2x 7.3x
EV/FCF 29.9x – 31.4x
EV/Operating cash flow 26.3x 19.3x 29.2x
PEG (3Y EPS CAGR) 8.37 4.10 4.06

Growth

14 metrics
MetricITWDOVAME
Revenue growth (1Y) 4.3% 8.2% 12.7%
Revenue CAGR (3Y) 0.8% 4.1% 7.0%
Gross profit growth (1Y) 5.3% 8.3% 13.4%
Gross profit CAGR (3Y) 2.7% 6.1% 7.9%
Operating income growth (1Y) 6.4% – 11.2%
Operating income CAGR (3Y) 3.4% – 8.2%
Net income growth (1Y) -5.1% – 9.6%
Net income CAGR (3Y) 1.0% – 8.5%
EPS growth (1Y) -3.1% -47.2% 10.4%
EPS CAGR (3Y) 3.0% 5.7% 8.7%
Operating cash flow growth (1Y) 5.8% 14.3% 8.1%
Operating cash flow CAGR (3Y) 3.1% 12.1% 11.0%
Free cash flow growth (1Y) 7.2% – 8.4%
Free cash flow CAGR (3Y) 4.1% – 12.0%

Profitability

14 metrics
MetricITWDOVAME
Gross margin 44.2% – 36.4%
EBITDA margin 28.9% – 31.2%
Operating margin 26.5% – 25.9%
Pretax margin 25.0% – 24.3%
Net margin 19.4% – 20.0%
FCF margin 17.7% – 23.2%
Operating cash flow margin 20.2% 16.4% 24.9%
Return on equity 104.3% – 14.2%
Return on assets 19.5% – 9.6%
Return on invested capital 27.1% – 12.8%
Return on capital employed 41.9% – 14.8%
Asset turnover 1.0x – 0.5x
Cash conversion (OCF / net income) 1.0x – 1.2x
Stock comp / revenue 0.4% – 0.6%

Financial Health

11 metrics
MetricITWDOVAME
Debt / assets 58.8% – 12.3%
Debt / equity 3.3x – 0.2x
Net debt / EBITDA 1.9x – 0.6x
Debt / FCF 3.3x – 1.1x
Liabilities / assets 82.4% – 32.1%
Equity / assets 17.6% – 67.9%
Interest coverage 14.5x – 21.1x
Current ratio 1.1x – 1.2x
Quick ratio 0.7x – 0.6x
Cash ratio 0.1x – 0.2x
Altman Z-score 8.00 – 8.27

Shareholder Returns

7 metrics
MetricITWDOVAME
Dividend yield 2.4% 1.0% 0.5%
Net buyback yield 2.3% – 0.7%
Shareholder yield 4.7% 1.0% 1.3%
Payout ratio (earnings) 57.4% – 18.9%
Payout ratio (FCF) 62.8% – 16.3%
Dividend growth (1Y) 5.5% – 9.4%
Dividend CAGR (3Y) 5.1% – 11.3%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusITWDOVAME
Forward P/E 25.9xFY2026 19.8xFY2026 29.6xFY2026
EPS, next fiscal year $10.67FY2026 $10.22FY2026 $8.20FY2026
EPS growth, next FY +1.7%FY2026 +6.3%FY2026 +10.4%FY2026
EPS growth, the year after +19.3% +11.4% +8.4%
Revenue, next fiscal year $16.46BFY2026 $8.16BFY2026 $7.96BFY2026
Revenue growth, next FY +2.6%FY2026 +0.8%FY2026 +7.5%FY2026
Revenue growth, the year after +11.4% +17.8% +18.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersITWDOVAME
Held by institutions 84.9% 91.1% 89.6%
Institutions holding 1,969 1,163 1,195
Change in shares held, QoQ +0.8% -0.3% +2.3%
Institutions buying 846 500 615
Institutions selling 750 405 399
Buyers to sellers 1.13 1.23 1.54

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ITWDOVAME
ITW 1.00 0.60 0.50
DOV 0.60 1.00 0.61
AME 0.50 0.61 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ITW, DOV and AME?

Illinois Tool Works (ITW) is the largest by market capitalisation: Illinois Tool Works (ITW) $78.95B, Dover (DOV) $27.78B, Ametek (AME) $56.47B.

Which stock is cheaper, ITW, DOV and AME?

Dover (DOV) trades on the lowest price-to-earnings ratio (Illinois Tool Works (ITW) 24.7x, Dover (DOV) 23.8x, Ametek (AME) 35.8x). On next year's consensus earnings, Dover (DOV) is cheapest (Illinois Tool Works (ITW) 25.9x, Dover (DOV) 19.8x, Ametek (AME) 29.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Ametek (AME) grew revenue fastest over the trailing twelve months: Illinois Tool Works (ITW) +4.3%, Dover (DOV) +8.2%, Ametek (AME) +12.7%.

Which company is more profitable?

Ametek (AME) has the highest net margin (Illinois Tool Works (ITW) 19.4%, Ametek (AME) 20.0%). On return on invested capital, Illinois Tool Works (ITW) leads (Illinois Tool Works (ITW) 27.1%, Ametek (AME) 12.8%).

Which stock has performed better?

Over the past year Ametek (AME) returned the most: Illinois Tool Works (ITW) +12.3%, Dover (DOV) +14.1%, Ametek (AME) +29.8%. Over five years, Ametek (AME) compounded fastest (Illinois Tool Works (ITW) +4.4%/yr, Dover (DOV) +4.1%/yr, Ametek (AME) +13.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Illinois Tool Works (ITW) has the highest dividend yield: Illinois Tool Works (ITW) 0.02%, Dover (DOV) 0.00%, Ametek (AME) 0.01%. Dover (DOV) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Illinois Tool Works (ITW) has been the steadiest (Illinois Tool Works (ITW) 21.3%, Dover (DOV) 24.9%, Ametek (AME) 23.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ITW, DOV and AME?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ametek (AME) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.