Illinois Tool Works (ITW) Price to Book (2009 - 2026)
Illinois Tool Works' (ITW) Price to Book stood at 26.61 in Q2 2026, up 18.5% from 22.45 a year earlier and up 14.8% from the prior quarter.
Analysis
Illinois Tool Works (ITW) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Illinois Tool Works' Price to Book came in at 22.03, down 2.0% from FY2024.
- Across earlier years, Price to Book came in at 22.47 in FY2024 (-13.6%), 26.02 in FY2023 (+19.6%), 21.75 in FY2022 (+2.1%) and 21.30 in FY2021 (+5.0%).
- The Q2 2026 figure is the highest quarterly Price to Book in data going back to Q2 2009.
- On a year-over-year basis, Price to Book rose in three of the last eight quarters, with an average decline of 1.5%.
- Peak year-over-year performance for Price to Book in the last five years was growth of 46.4% in Q2 2023, against a decline of 18.1% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 23.18 (Q1 2026), 22.03 (Q4 2025) and 23.57 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn |
| 10 | Cummins | 71.14 Bn | 68.27 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.61 |
| Mar 31, 2026 | 23.18 |
| Dec 31, 2025 | 22.03 |
| Sep 30, 2025 | 23.57 |
| Jun 30, 2025 | 22.45 |
| Mar 31, 2025 | 22.41 |
| Dec 31, 2024 | 22.47 |
| Sep 30, 2024 | 22.82 |
| Jun 30, 2024 | 23.75 |
| Mar 31, 2024 | 26.50 |
| Dec 31, 2023 | 26.02 |
| Sep 30, 2023 | 23.07 |
| Jun 30, 2023 | 24.45 |
| Mar 31, 2023 | 23.86 |
| Dec 31, 2022 | 21.75 |
| Sep 30, 2022 | 18.41 |
| Jun 30, 2022 | 16.70 |
| Mar 31, 2022 | 18.20 |
| Dec 31, 2021 | 21.30 |
| Sep 30, 2021 | 18.57 |
API Access
Illinois Tool Works Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=ITW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "ITW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();