Illinois Tool Works (ITW) Price to Earnings (2009 - 2026)
Illinois Tool Works' Price to Earnings was 24.12 in Q2 2026, up 12.6% from 21.42 a year earlier and up 0.9% from the prior quarter.
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Analysis
Illinois Tool Works (ITW) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Price to Earnings at Illinois Tool Works came in at 23.18, up 8.5% from FY2024.
- In earlier years, Price to Earnings was 21.37 in FY2024 (-19.4%), 26.51 in FY2023 (+19.7%), 22.15 in FY2022 (-22.7%) and 28.67 in FY2021 (-6.4%).
- Quarterly Price to Earnings has moved between 20.28 (Q3 2022) and 28.67 (Q4 2021) over five years.
- Compared with a year earlier, Price to Earnings has increased for four straight quarters, with growth averaging 0.2% over the last eight quarters.
- The best year-over-year quarter for Price to Earnings over five years was Q4 2023 (growth of 19.7%); the worst was Q1 2022 (a decline of 23.2%).
- Per Business Quant data, ITW's Price to Earnings in the three quarters before Q2 2026 was 23.89 (Q1 2026), 23.18 (Q4 2025) and 25.00 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 379.87 Bn | 351.57 Bn | 7.76 Bn |
| 2 | Amphenol | 211.41 Bn | 206.11 Bn | 3.55 Bn |
| 3 | Deere | 179.93 Bn | 188.69 Bn | 4.66 Bn |
| 4 | Eaton | 169.93 Bn | 167.16 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 121.78 Bn | 119.91 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 94.75 Bn | 85.37 Bn | 1.23 Bn |
| 7 | Emerson Electric | 88.42 Bn | 81.17 Bn | 2.66 Bn |
| 8 | 3M | 84.08 Bn | 65.54 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 74.29 Bn | 70.85 Bn | 1.90 Bn |
| 10 | Cummins | 71.19 Bn | 68.32 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.12 |
| Mar 31, 2026 | 23.89 |
| Dec 31, 2025 | 23.18 |
| Sep 30, 2025 | 25.00 |
| Jun 30, 2025 | 21.42 |
| Mar 31, 2025 | 21.57 |
| Dec 31, 2024 | 21.37 |
| Sep 30, 2024 | 22.40 |
| Jun 30, 2024 | 22.94 |
| Mar 31, 2024 | 26.15 |
| Dec 31, 2023 | 26.51 |
| Sep 30, 2023 | 22.02 |
| Jun 30, 2023 | 24.39 |
| Mar 31, 2023 | 23.97 |
| Dec 31, 2022 | 22.15 |
| Sep 30, 2022 | 20.28 |
| Jun 30, 2022 | 21.31 |
| Mar 31, 2022 | 24.29 |
| Dec 31, 2021 | 28.67 |
| Sep 30, 2021 | 23.78 |
API Access
Illinois Tool Works Price to Earnings 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-earnings&ticker=ITW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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-earnings&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();