SNA vs ITW vs LECO Stock Comparison

Snap-on, Illinois Tool Works and Lincoln Electric Holdings Prices as of Nov 3, 2026 Peers: Industry group
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SNA Snap-on Inc
$362.22 -1.8% 1M +7.2% 1Y
Market cap
$19.13B
P/E
18.9x
Revenue (TTM)
$5.27B
Div. yield
–
Power Tools Industrials
5 wins
ITW Illinois Tool Works Inc
$286.57 +9.0% 1M +17.9% 1Y
Market cap
$83.43B
P/E
25.8x
Revenue (TTM)
$16.65B
Div. yield
0.02%
Industrial Machinery Industrials
4 wins

Head to Head

12 decided of 12

Snap-on leads on 5 of the 12 questions below (Snap-on 5, Illinois Tool Works 4, Lincoln Electric Holdings 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSNAITWLECOLeader
Larger companyMarket capitalisation $19.13B $83.43B $15.20B ITW
Cheaper on earningsLower P/E, profitable companies only 18.9x 25.8x 26.4x SNA
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.7x 26.9x 24.5x SNA
Faster revenue growthRevenue growth, trailing twelve months +2.9% +4.8% +11.1% LECO
More profitableNet margin, trailing twelve months 19.2% 19.4% 12.4% ITW
Better return on capitalReturn on invested capital 14.1% 27.1% 22.6% ITW
Less leveragedLower net debt / EBITDA -0.3x 1.8x 1.0x SNA
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.01% ITW
Better 1-year returnPrice return, last 12 months +7.2% +17.9% +22.7% LECO
Better 5-year returnAnnualised price return, 5 years +11.6%/yr +4.3%/yr +14.9%/yr LECO
Less volatileAnnualised volatility, 1 year 19.2% 21.7% 31.0% SNA
Higher overall scoreMean of the five percentile scores vs peers 74/100 50/100 56/100 SNA

Percentile Scorecard

SNAITWLECO

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

AxisSNAITWLECO
Valuation 64 #74 of 204 29 #145 of 204 36 #131 of 204
Growth 33 #129 of 191 36 #123 of 191 47 #101 of 191
Profitability 97 #7 of 189 100 #2 of 189 94 #13 of 189
Financial Health 88 #27 of 221 27 #162 of 221 46 #119 of 221
Shareholder Returns 89 #18 of 158 59 #65 of 158 55 #71 of 158
Overall 74 50 56
  • SNA ranked among 223 companies in Machinery
  • ITW ranked among 223 companies in Machinery
  • LECO ranked among 223 companies in Machinery

Price Performance

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

Returns

PeriodSNAITWLECOSPY
1 month -1.8%+9.0%+3.7% -2.0%
3 months -13.4%-2.8%+2.5% -2.2%
6 months -4.4%+12.6%+6.7% +4.2%
Year to date +5.1%+16.3%+18.7% +10.6%
1 year +7.2%+17.9%+22.7% +10.4%
3 years +33.7%+22.9%+54.7% +73.6%
3 years, per year +10.2%+7.1%+15.7% +20.2%
5 years +72.8%+23.2%+100.0% +61.6%
5 years, per year +11.6%+4.3%+14.9% +10.1%
10 years +137.1%+152.4%+344.6% +261.3%
10 years, per year +9.0%+9.7%+16.1% +13.7%

Risk

MeasureSNAITWLECOSPY
Volatility, 1Y 19.2%21.7%31.0% 12.8%
Downside volatility, 1Y 19.2%20.8%31.3% 12.8%
Beta vs S&P 500, 1Y 0.570.461.19 1.00
Return / volatility, 1Y 0.380.820.73 0.81
Max drawdown, 5Y -21.3%-28.9%-35.3% -25.4%
From 52-week high -13.6%-4.3%-4.8% -3.2%
52-week high $419.26$299.60$298.88 $779.14
52-week low $328.69$241.07$220.64 $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.

MultipleSNAITWLECO
P/E now vs peer median 18.5xmedian 25.4x 25.3xmedian 25.4x 26.9xmedian 25.4x
P/S now vs peer median 3.5xmedian 1.9x 4.9xmedian 1.9x 3.3xmedian 1.9x
EV/EBITDA now vs peer median 13.0xmedian 14.5x 18.6xmedian 14.5x 18.0xmedian 14.5x
P/FCF now vs peer median 17.4xmedian 23.6x 28.4xmedian 23.6x 30.1xmedian 23.6x
P/B now vs peer median 3.1xmedian 2.2x 25.9xmedian 2.2x 9.9xmedian 2.2x
PEG now vs peer median 12.30median 1.21 8.73median 1.21 3.85median 1.21

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 monthsSNAITWLECO
Revenue $5.27B $16.65B $4.64B
Gross profit $2.45B $7.38B $1.65B
Operating income $1.31B $4.43B $802.52M
Net income $1.04B $3.23B $575.27M
Free cash flow $1.07B $2.87B $511.89M
EPS (diluted) $19.30 $11.31 $10.48
Cash & equivalents $1.67B $809.00M $283.24M
Total debt $1.21B $9.37B $1.15B
Shares (diluted) 52.40M 285.30M 54.87M
Enterprise value $12.43B $80.11B $14.07B

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
MetricSNAITWLECO
P/E 18.5x 25.3x 26.9x
P/FCF 17.4x 28.4x 30.1x
P/Operating cash flow 16.2x 25.0x 23.1x
P/S 3.5x 4.9x 3.3x
P/B 3.1x 25.9x 9.9x
P/Tangible book 3.2x 31.3x 9.9x
EV/EBITDA 13.0x 18.6x 18.0x
EV/EBIT 13.9x 20.3x 20.3x
EV/Revenue 3.5x 5.4x 3.5x
EV/FCF 17.0x 31.4x 31.8x
EV/Operating cash flow 15.8x 27.6x 24.4x
PEG (3Y EPS CAGR) 12.30 8.73 3.85

Growth

14 metrics
MetricSNAITWLECO
Revenue growth (1Y) 2.9% 4.8% 11.1%
Revenue CAGR (3Y) 1.3% 1.1% 4.5%
Gross profit growth (1Y) 3.2% 5.7% 7.7%
Gross profit CAGR (3Y) 1.7% 2.8% 5.5%
Operating income growth (1Y) -0.7% 6.4% 12.9%
Operating income CAGR (3Y) 0.4% 3.1% 7.0%
Net income growth (1Y) -0.3% 6.7% 9.6%
Net income CAGR (3Y) 0.6% 0.9% 4.9%
EPS growth (1Y) 0.7% 9.1% 11.0%
EPS CAGR (3Y) 1.5% 2.9% 7.0%
Operating cash flow growth (1Y) 4.4% -0.5% 0.7%
Operating cash flow CAGR (3Y) 2.7% -0.5% 0.5%
Free cash flow growth (1Y) 4.6% 0.8% -6.3%
Free cash flow CAGR (3Y) 3.4% 0.4% -3.6%

Profitability

14 metrics
MetricSNAITWLECO
Gross margin 46.6% 44.3% 35.5%
EBITDA margin 26.6% 29.0% 19.5%
Operating margin 24.9% 26.6% 17.3%
Pretax margin 25.1% 25.2% 16.2%
Net margin 19.2% 19.4% 12.4%
FCF margin 20.4% 17.2% 11.0%
Operating cash flow margin 22.0% 19.6% 14.4%
Return on equity 17.0% 106.9% 37.0%
Return on assets 12.0% 19.6% 14.9%
Return on invested capital 14.1% 27.1% 22.6%
Return on capital employed 17.8% 38.9% 27.7%
Asset turnover 0.6x 1.0x 1.2x
Cash conversion (OCF / net income) 1.1x 1.0x 1.2x
Stock comp / revenue 0.6% 0.5% 0.5%

Financial Health

11 metrics
MetricSNAITWLECO
Debt / assets 13.9% 56.8% 29.5%
Debt / equity 0.2x 3.0x 0.7x
Net debt / EBITDA -0.3x 1.8x 1.0x
Debt / FCF 1.1x 3.3x 2.2x
Liabilities / assets 29.3% 81.0% 60.1%
Equity / assets 70.7% 19.0% 39.9%
Interest coverage 25.9x 14.3x –
Current ratio 3.5x 1.3x 1.9x
Quick ratio 2.0x 0.8x 1.0x
Cash ratio 1.3x 0.2x 0.3x
Altman Z-score 7.35 8.31 7.77

Shareholder Returns

7 metrics
MetricSNAITWLECO
Dividend yield 2.7% 2.3% 1.1%
Net buyback yield 1.9% 2.0% 1.8%
Shareholder yield 4.6% 4.3% 2.9%
Payout ratio (earnings) – 57.4% 30.0%
Payout ratio (FCF) – 64.6% 33.7%
Dividend growth (1Y) – 5.2% 3.5%
Dividend CAGR (3Y) – 5.1% 6.3%

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.

ConsensusSNAITWLECO
Forward P/E 19.7xFY2026 26.9xFY2026 24.5xFY2026
EPS, next fiscal year $18.35FY2026 $10.67FY2026 $11.62FY2026
EPS growth, next FY -4.4%FY2026 +1.7%FY2026 +17.7%FY2026
EPS growth, the year after +17.5% +19.3% +0.4%
Revenue, next fiscal year $4.58BFY2026 $16.46BFY2026 $4.84BFY2026
Revenue growth, next FY -3.4%FY2026 +2.6%FY2026 +14.5%FY2026
Revenue growth, the year after +14.2% +11.4% +5.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSNAITWLECO
Held by institutions 96.3% 84.9% 81.3%
Institutions holding 1,072 1,971 705
Change in shares held, QoQ +2.8% +0.8% +5.5%
Institutions buying 499 847 299
Institutions selling 370 751 266
Buyers to sellers 1.35 1.13 1.12

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.

SNAITWLECO
SNA 1.00 0.70 0.56
ITW 0.70 1.00 0.62
LECO 0.56 0.62 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SNA, ITW and LECO?

Illinois Tool Works (ITW) is the largest by market capitalisation: Snap-on (SNA) $19.13B, Illinois Tool Works (ITW) $83.43B, Lincoln Electric Holdings (LECO) $15.20B.

Which stock is cheaper, SNA, ITW and LECO?

Snap-on (SNA) trades on the lowest price-to-earnings ratio (Snap-on (SNA) 18.9x, Illinois Tool Works (ITW) 25.8x, Lincoln Electric Holdings (LECO) 26.4x). On next year's consensus earnings, Snap-on (SNA) is cheapest (Snap-on (SNA) 19.7x, Illinois Tool Works (ITW) 26.9x, Lincoln Electric Holdings (LECO) 24.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Lincoln Electric Holdings (LECO) grew revenue fastest over the trailing twelve months: Snap-on (SNA) +2.9%, Illinois Tool Works (ITW) +4.8%, Lincoln Electric Holdings (LECO) +11.1%.

Which company is more profitable?

Illinois Tool Works (ITW) has the highest net margin (Snap-on (SNA) 19.2%, Illinois Tool Works (ITW) 19.4%, Lincoln Electric Holdings (LECO) 12.4%). On return on invested capital, Illinois Tool Works (ITW) leads (Snap-on (SNA) 14.1%, Illinois Tool Works (ITW) 27.1%, Lincoln Electric Holdings (LECO) 22.6%).

Which stock has performed better?

Over the past year Lincoln Electric Holdings (LECO) returned the most: Snap-on (SNA) +7.2%, Illinois Tool Works (ITW) +17.9%, Lincoln Electric Holdings (LECO) +22.7%. Over five years, Lincoln Electric Holdings (LECO) compounded fastest (Snap-on (SNA) +11.6%/yr, Illinois Tool Works (ITW) +4.3%/yr, Lincoln Electric Holdings (LECO) +14.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Illinois Tool Works (ITW) has the highest dividend yield: Snap-on (SNA) 0.00%, Illinois Tool Works (ITW) 0.02%, Lincoln Electric Holdings (LECO) 0.01%. Snap-on (SNA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Snap-on (SNA) has been the steadiest (Snap-on (SNA) 19.2%, Illinois Tool Works (ITW) 21.7%, Lincoln Electric Holdings (LECO) 31.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SNA, ITW and LECO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Snap-on (SNA) leads on 5. 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.