ITW vs MMM vs PSIX Stock Comparison

Illinois Tool Works, 3M and Power Solutions International Prices as of Oct 28, 2026 Peers: Industry group
ITW Illinois Tool Works Inc
$276.03 +0.8% 1M +12.3% 1Y
Market cap
$78.45B
P/E
24.3x
Revenue (TTM)
$16.65B
Div. yield
2.37%
Industrial Machinery Industrials
5 wins
MMM 3M Co
$172.82 +2.0% 1M +3.6% 1Y
Market cap
$89.30B
P/E
25.4x
Revenue (TTM)
$25.25B
Div. yield
1.78%
Industrial Machinery Industrials
1 win

Head to Head

12 decided of 12

Power Solutions International leads on 6 of the 12 questions below (Power Solutions International 6, Illinois Tool Works 5, 3M 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionITWMMMPSIXLeader
Larger companyMarket capitalisation $78.45B $89.30B $1.12B MMM
Cheaper on earningsLower P/E, profitable companies only 24.3x 25.4x 16.5x PSIX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 25.9x 19.5x 15.6x PSIX
Faster revenue growthRevenue growth, trailing twelve months +4.8% +1.7% +13.2% PSIX
More profitableNet margin, trailing twelve months 19.4% 14.0% 10.0% ITW
Better return on capitalReturn on invested capital 27.1% 22.0% 26.5% ITW
Less leveragedLower net debt / EBITDA 1.8x 1.6x 0.0x PSIX
Higher dividend yieldTrailing dividend yield 2.37% 1.78% — ITW
Better 1-year returnPrice return, last 12 months +12.3% +3.6% -40.2% ITW
Better 5-year returnAnnualised price return, 5 years +3.9%/yr +3.0%/yr +62.5%/yr PSIX
Less volatileAnnualised volatility, 1 year 21.2% 25.6% 110.0% ITW
Higher overall scoreMean of the five percentile scores vs peers 50/100 50/100 75/100 PSIX

Percentile Scorecard

ITWMMMPSIX

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

AxisITWMMMPSIX
Valuation 29 #145 of 203 38 #126 of 203 78 #45 of 203
Growth 34 #124 of 188 59 #77 of 188 64 #69 of 188
Profitability 100 #2 of 184 87 #24 of 184 85 #29 of 184
Financial Health 26 #160 of 217 19 #177 of 217 74 #57 of 217
Shareholder Returns 62 #59 of 153 47 #82 of 153 –
Overall 50 50 75
  • ITW ranked among 222 companies in Machinery
  • MMM ranked among 222 companies in Machinery
  • PSIX ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodITWMMMPSIXSPY
1 month +0.8%+2.0%+6.7% +0.9%
3 months -5.6%-2.9%+91.0% +5.9%
6 months +3.9%+20.1%-27.4% +8.5%
Year to date +12.1%+7.9%-15.0% +13.3%
1 year +12.3%+3.6%-40.2% +12.4%
3 years +23.6%+136.2%+1,604.6% +88.1%
3 years, per year +7.3%+33.2%+157.5% +23.5%
5 years +21.1%+15.7%+1,029.8% +68.2%
5 years, per year +3.9%+3.0%+62.5% +11.0%
10 years +142.5%+24.7%+415.2% +263.4%
10 years, per year +9.3%+2.2%+17.8% +13.8%

Risk

MeasureITWMMMPSIXSPY
Volatility, 1Y 21.2%25.6%110.0% 12.7%
Downside volatility, 1Y 20.8%24.6%118.4% 12.7%
Beta vs S&P 500, 1Y 0.470.693.54 1.00
Return / volatility, 1Y 0.580.14-0.37 0.98
Max drawdown, 5Y -28.9%-53.4%-78.0% -25.4%
From 52-week high -7.9%-6.0%-50.8% -0.9%
52-week high $299.60$183.81$98.77 $779.14
52-week low $241.07$141.20$25.44 $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.

MultipleITWMMMPSIX
P/E now vs peer median 24.3xmedian 25.4x 25.4xmedian 25.4x 16.5xmedian 25.4x
P/S now vs peer median 4.7xmedian 1.9x 3.5xmedian 1.9x 1.7xmedian 1.9x
EV/EBITDA now vs peer median 18.0xmedian 14.3x 16.1xmedian 14.3x 11.8xmedian 14.3x
P/FCF now vs peer median 27.4xmedian 21.8x 33.4xmedian 21.8x 16.7xmedian 21.8x
P/B now vs peer median 25.0xmedian 2.2x 21.4xmedian 2.2x 5.5xmedian 2.2x
PEG now vs peer median 8.41median 1.41 0.71median 1.41 0.38median 1.41

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 monthsITWMMMPSIX
Revenue $16.65B $25.25B $676.19M
Gross profit $7.38B $9.98B $161.31M
Operating income $4.43B $4.74B $87.91M
Net income $3.23B $3.58B $67.87M
Free cash flow $2.87B $2.68B $67.09M
R&D – $1.21B $19.16M
EPS (diluted) $11.31 $6.77 $2.94
Cash & equivalents $809.00M $4.84B $70.06M
Total debt $9.37B $15.00B $66.19M
Shares (diluted) 285.30M 522.60M 23.07M
Enterprise value $75.12B $71.72B $914.31M

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
MetricITWMMMPSIX
P/E 24.3x 25.4x 16.5x
P/FCF 27.4x 33.4x 16.7x
P/Operating cash flow 24.0x 24.6x 15.1x
P/S 4.7x 3.5x 1.7x
P/B 25.0x 21.4x 5.5x
P/Tangible book 30.2x 42.2x 5.6x
EV/EBITDA 18.0x 16.1x 11.8x
EV/EBIT 19.6x 20.9x 12.7x
EV/Revenue 5.2x 3.9x 1.7x
EV/FCF 30.3x 37.0x 16.6x
EV/Operating cash flow 26.7x 27.3x 15.0x
PEG (3Y EPS CAGR) 8.41 0.71 0.38

Growth

14 metrics
MetricITWMMMPSIX
Revenue growth (1Y) 4.8% 1.7% 13.2%
Revenue CAGR (3Y) 1.1% 10.7% 10.6%
Gross profit growth (1Y) 5.7% -1.8% -7.3%
Gross profit CAGR (3Y) 2.8% 17.0% 15.8%
Operating income growth (1Y) 6.4% -3.7% -14.4%
Operating income CAGR (3Y) 3.1% 33.4% 29.0%
Net income growth (1Y) 6.7% 4.8% -38.8%
Net income CAGR (3Y) 0.9% 35.4% 44.2%
EPS growth (1Y) 9.1% 7.1% -38.8%
EPS CAGR (3Y) 2.9% 35.8% 43.9%
Operating cash flow growth (1Y) -0.5% 42.8% 5.2%
Operating cash flow CAGR (3Y) -0.5% -18.1% 15.8%
Free cash flow growth (1Y) 0.8% 68.6% 7.8%
Free cash flow CAGR (3Y) 0.4% -18.0% 13.6%

Profitability

14 metrics
MetricITWMMMPSIX
Gross margin 44.3% 39.5% 23.9%
EBITDA margin 29.0% 24.4% 14.0%
Operating margin 26.6% 18.8% 13.0%
Pretax margin 25.2% 17.5% 12.1%
Net margin 19.4% 14.0% 10.0%
FCF margin 17.2% 10.6% 9.9%
Operating cash flow margin 19.6% 14.4% 11.0%
Return on equity 106.9% 101.3% 34.9%
Return on assets 19.6% 9.8% 15.4%
Return on invested capital 27.1% 22.0% 26.5%
Return on capital employed 38.9% 18.7% 27.1%
Asset turnover 1.0x 0.7x 1.5x
Cash conversion (OCF / net income) 1.0x 1.0x 1.1x
Stock comp / revenue 0.5% 0.8% 0.1%

Financial Health

11 metrics
MetricITWMMMPSIX
Debt / assets 56.8% 37.9% 14.6%
Debt / equity 3.0x 3.6x 0.3x
Net debt / EBITDA 1.8x 1.6x 0.0x
Debt / FCF 3.3x 5.6x 1.0x
Liabilities / assets 81.0% 89.5% 55.2%
Equity / assets 19.0% 10.5% 44.8%
Interest coverage 14.3x – 13.4x
Current ratio 1.3x 1.4x 2.6x
Quick ratio 0.8x 0.8x 1.4x
Cash ratio 0.2x 0.4x 0.6x
Altman Z-score 8.17 4.10 5.45

Shareholder Returns

7 metrics
MetricITWMMMPSIX
Dividend yield 2.4% 1.8% –
Net buyback yield 2.1% 3.1% –
Shareholder yield 4.4% 4.8% –
Payout ratio (earnings) 57.4% 44.8% –
Payout ratio (FCF) 64.6% 59.9% –
Dividend growth (1Y) 5.2% 3.2% –
Dividend CAGR (3Y) 5.1% -21.4% –

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.

ConsensusITWMMMPSIX
Forward P/E 25.9xFY2026 19.5xFY2026 15.6xFY2026
EPS, next fiscal year $10.67FY2026 $8.88FY2026 $3.11FY2026
EPS growth, next FY +1.7%FY2026 +10.2%FY2026 -37.6%FY2026
EPS growth, the year after +19.3% +16.7% +22.5%
Revenue, next fiscal year $16.46BFY2026 $23.87BFY2026 $656.20MFY2026
Revenue growth, next FY +2.6%FY2026 -1.8%FY2026 -9.2%FY2026
Revenue growth, the year after +11.4% +17.6% +31.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersITWMMMPSIX
Held by institutions 84.9% 74.5% 36.4%
Institutions holding 1,969 2,210 158
Change in shares held, QoQ +0.8% +0.8% +24.1%
Institutions buying 846 916 91
Institutions selling 750 837 45
Buyers to sellers 1.13 1.09 2.02

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.

ITWMMMPSIX
ITW 1.00 0.55 0.11
MMM 0.55 1.00 0.22
PSIX 0.11 0.22 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ITW, MMM and PSIX?

3M (MMM) is the largest by market capitalisation: Illinois Tool Works (ITW) $78.45B, 3M (MMM) $89.30B, Power Solutions International (PSIX) $1.12B.

Which stock is cheaper, ITW, MMM and PSIX?

Power Solutions International (PSIX) trades on the lowest price-to-earnings ratio (Illinois Tool Works (ITW) 24.3x, 3M (MMM) 25.4x, Power Solutions International (PSIX) 16.5x). On next year's consensus earnings, Power Solutions International (PSIX) is cheapest (Illinois Tool Works (ITW) 25.9x, 3M (MMM) 19.5x, Power Solutions International (PSIX) 15.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Power Solutions International (PSIX) grew revenue fastest over the trailing twelve months: Illinois Tool Works (ITW) +4.8%, 3M (MMM) +1.7%, Power Solutions International (PSIX) +13.2%.

Which company is more profitable?

Illinois Tool Works (ITW) has the highest net margin (Illinois Tool Works (ITW) 19.4%, 3M (MMM) 14.0%, Power Solutions International (PSIX) 10.0%). On return on invested capital, Illinois Tool Works (ITW) leads (Illinois Tool Works (ITW) 27.1%, 3M (MMM) 22.0%, Power Solutions International (PSIX) 26.5%).

Which stock has performed better?

Over the past year Illinois Tool Works (ITW) returned the most: Illinois Tool Works (ITW) +12.3%, 3M (MMM) +3.6%, Power Solutions International (PSIX) -40.2%. Over five years, Power Solutions International (PSIX) compounded fastest (Illinois Tool Works (ITW) +3.9%/yr, 3M (MMM) +3.0%/yr, Power Solutions International (PSIX) +62.5%/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) 2.37%, 3M (MMM) 1.78%. Power Solutions International (PSIX) 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) 21.2%, 3M (MMM) 25.6%, Power Solutions International (PSIX) 110.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ITW, MMM and PSIX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Power Solutions International (PSIX) 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.