Illinois Tool Works ITW Peer Comparison

NYSE ITW
$270.15 -2.13 (-0.78%)
As of: Oct 19, 2026 · 3:59 PM EDT
Peer Comparison

412 Comparable Companies

Industry Group Machinery

Illinois Tool Works Inc (ITW) is the 14th largest of 412 Machinery companies by market capitalisation, at 77.23 Bn, behind Vertiv Holdings at 82.68 Bn. It trades on a P/E of 24.25, broadly in line with the peer median of 25.46. The table below compares all 412 on 7 financial metrics, including companies with a secondary business in the group.

Download Data
# Symbol Company Industry Mkt Cap Price Chg % 1Y P/E P/S Enterprise Value
1 TSLA 2nd Tesla Heavy Equipment 1.17 Tn 362.44 -1.29% -16.71% 312.91 11.49 1.02 Tn
2 CAT Caterpillar Heavy Equipment 338.11 Bn 735.50 -1.78% +37.72% 30.78 4.47 305.49 Bn
3 GE 2nd General Electric 3D Printing 323.73 Bn 312.01 +1.62% +3.96% 36.12 6.40 277.88 Bn
4 APH Amphenol Electrical Equipment 200.93 Bn 81.48 -1.49% +29.75% 38.42 6.81 192.18 Bn
5 DE Deere Agricultural Machinery 175.45 Bn 650.70 -0.06% +45.10% 34.72 3.53 137.30 Bn
6 ETN Eaton Electrical Equipment 156.30 Bn 402.42 -1.55% +5.42% 39.80 5.08 149.57 Bn
7 PH Parker-Hannifin Pumps and Valves 121.23 Bn 961.75 +0.56% +30.34% 33.50 5.68 120.34 Bn
8 GLW 2nd Corning Industrial Machinery 119.18 Bn 138.36 -1.80% +59.73% 60.24 6.75 107.03 Bn
9 TT 2nd Trane Technologies Pumps and Valves 100.65 Bn 457.45 -2.98% +8.29% 34.84 4.63 97.47 Bn
10 EMR Emerson Electric Pumps and Valves 90.45 Bn 162.16 +0.65% +24.48% 34.82 4.82 82.51 Bn
11 HWM 2nd Howmet Aerospace Heavy Equipment 87.88 Bn 219.69 +1.00% +14.26% 47.17 9.68 83.82 Bn
12 MMM 3M Industrial Machinery 85.26 Bn 165.32 +0.52% +7.72% 28.12 3.35 65.66 Bn
13 VRT Vertiv Holdings Electrical Equipment 82.68 Bn 214.78 -3.61% +18.99% 45.78 6.91 69.91 Bn
14 ITW Illinois Tool Works Industrial Machinery 77.23 Bn 271.16 +0.60% +9.48% 24.25 4.70 74.01 Bn
15 LITE 2nd Lumentum Holdings Industrial Machinery 77.04 Bn 869.54 -2.99% +455.37% -8.98 20.66 54.08 Bn
16 CMI Cummins Heavy Equipment 73.32 Bn 532.63 +1.26% +25.80% 26.52 2.07 68.08 Bn
17 HON 2nd Honeywell International Industrial Machinery 66.72 Bn 210.50 +1.39% +5.16% 8.11 1.75 18.72 Bn
18 TEL TE Connectivity Electrical Equipment 61.64 Bn 212.91 +1.28% -4.39% 20.50 3.20 56.98 Bn
19 TS Tenaris Metal Fabrication 61.40 Bn 57.28 -1.56% +67.09% 32.26 5.12 32.74 Bn
20 PCAR Paccar Heavy Equipment 58.33 Bn 110.81 +2.07% +16.36% 22.82 2.05 20.16 Bn
21 FAST 2nd Fastenal Metal Fabrication 57.81 Bn 50.38 -3.12% +19.27% 43.31 6.69 57.48 Bn
22 NUE 2nd Nucor Metal Fabrication 57.77 Bn 254.64 -1.00% +86.19% 20.66 1.65 48.98 Bn
23 AME Ametek Industrial Machinery 56.97 Bn 248.51 +0.71% +33.77% 35.98 7.21 54.84 Bn
24 BKR 2nd Baker Hughes Pumps and Valves 54.00 Bn 54.40 -1.75% +22.33% 17.89 2.00 18.48 Bn
25 COHR 2nd Coherent Industrial Machinery 49.06 Bn 250.52 -4.83% +126.90% 51.14 5.78 35.05 Bn
Rows

About these peers

Who are Illinois Tool Works Inc's peers and competitors?

Illinois Tool Works Inc (ITW) is compared with 412 US-listed companies in the Machinery industry group, of which 230 have it as their primary business and 182 run a substantial Machinery business alongside something else.

How are these peers chosen?

Peers are every company that BQ-MICS, our own multi-industry classification system, places in the same industry group as Illinois Tool Works Inc. Unlike a single-label scheme, BQ-MICS assigns each company a primary industry and any secondary industries it genuinely operates in, and records the reasoning behind every assignment. Tap the info icon beside any ticker to read it.

What does "2nd" next to a ticker mean?

It marks a secondary match: the company operates a real business in this industry group, but it is not its largest. Tick "Primary business only" above the table to compare against pure plays alone.

How often is this peer comparison updated?

Prices, market caps and valuation figures refresh with each session's close. The classification itself is reviewed whenever a company's filings change what it does, such as a new segment, a disposal or an acquisition.

Can I compare these peers on other metrics?

Yes. Use Edit Columns above the table to add any of 1,000+ financial metrics and ratios to the comparison, and Download Data to export it.

Illinois Tool Works Inc Peers API

Pull Illinois Tool Works Inc's industry peers, with any metrics you choose plus the industry median and average, in one call with the Business Quant Peers API. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/peers?ticker=ITW&cols=Revenue%20(Quarter),Net%20Income%20(Quarter)&api_key=YOUR_API_KEY