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ITW

S&P 500
Neutral · 51/100

Illinois Tool Works

Industrials
Industrial Machinery & Supplies & Components

$265.31

0.5%

Updated Today 7:15 PM ET

Price — Past Year

▲ Up 9.4% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$75.98B

P/E

24.23x

Forward P/E (est.)

25.55x

ROE

97.4%

Revenue Growth

2.9%

EPS Growth

-5.2%

Profit Margin

19.3%

FCF Yield

4.4%

Debt / Equity

2.78x

ROIC

21.0%

Interest Coverage

15.85x

Current Ratio

1.19x

Dividend Yield

2.5%

Implied Growth (rev. DCF)

5.3%

Rating Score

51/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what ITW's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. ITW trades near $265.31, above its 50-day average ($258.38) and 200-day average ($260.05). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 65 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. ITW's is $4.77 (~1.8% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month ITW found buyers near $242.05 (support) and sellers near $269.12 (resistance); its 52-week range is $238.82–$303.16. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 1.2× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Illinois Tool Works (ITW) is a large-cap company in the Industrial Machinery & Supplies & Components industry, part of the Industrials sector of the S&P 500, with a market value around $75.98B.

In its latest reported year it generated about $16.04B in revenue.

Our model rates ITW Neutral (51/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

2.6%

Revenue moved from $14.46B in 2021 to $16.04B in 2025, a 2.6% compound annual growth rate. The most recent year was roughly flat (2.9%) year over year. Slower, mature growth is common for established businesses.

Profitability
Research

Gross Margin

44.1%

Operating Margin

26.3%

Net Margin

19.3%

ROE

97.4%

Illinois Tool Works keeps about 19.3% of each sales dollar as net profit, with a 44.1% gross margin and 26.3% operating margin. Return on equity is 97.4% and return on invested capital about 21.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research

Total Debt

$7.68B

Net Debt

$6.86B

Net Debt / EBITDA

1.63x

Debt / Equity

2.78x

Leverage: debt-to-equity is 2.8x, and operating profit covers interest about 15.8x, with a current ratio of 1.2x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $7.68B of total debt against $827.00M of cash.

Cash Flow Analysis
Research

Operating CF

$3.13B

Free Cash Flow

$2.71B

FCF Margin

16.9%

In the latest year Illinois Tool Works produced about $3.13B of operating cash flow and $2.71B of free cash flow after capital spending. That is a free-cash-flow yield of about 4.4% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

24.23x

P/S

4.76x

P/B

22.01x

EV / EBITDA

ITW trades at 24.2x trailing earnings (about 25.6x on estimated forward earnings), 4.8x sales, and 22.0x book value. Reverse-engineering today's price implies the market expects roughly 5.3% long-term free-cash-flow growth. That is a fairly typical valuation for a profitable company.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
24.2xFair
Forward P/E
25.6xExpensive
P/S ratio
4.8xExpensive
Revenue growth
2.9%Weak
EPS growth
-5.2%Weak
Gross margin
44.1%Average
Net margin
19.3%Strong
ROE
97.4%Strong

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How ITW stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.

In the Industrials sector (80 S&P 500 companies), ITW ranks #43 of 80 by our overall rating. It trades at a discount versus the sector on earnings (24.2x P/E vs. 30x median) with a higher return on equity (97.4% vs. 24.7%) and slower revenue growth (2.9% vs. 5.0%).

P/E vs sector

24.2x

median 30x

ROE vs sector

97.4%

median 24.7%

Growth vs sector

2.9%

median 5.0%

Sector rank

#43

of 80 by rating

CompanyP/ERev Gr.Rating
ITWThis stock24.2x2.9%Neutral· 51
GWW36.2x6.6%Neutral· 48
PH34.5x6.0%Neutral· 52
IR50.8x6.9%Weak· 33
DOV27.4x4.0%Neutral· 44
OTIS18.5x3.3%Neutral· 54
HUBB30.6x7.2%Neutral· 56
XYL26.7x5.7%Neutral· 47
Industrials median30x5.0%52/100

Valuation vs. quality map

sector medianGWWPHIRDOVOTISHUBBXYLITWP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 80 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$171.97$294.80

vs. $265.31 today · expected CAGR -8%2%

Metric20262027202820292030
Revenue$16.53B$17.02B$17.53B$18.06B$18.60B
Net income$3.14B$3.23B$3.33B$3.43B$3.53B
EPS$10.91$11.24$11.58$11.93$12.28
Share price (low)$152.79$157.37$162.09$166.96$171.97
Share price (high)$261.92$269.78$277.87$286.21$294.80
CAGR (low–high)-42% / -1%-23% / 1%-15% / 2%-11% / 2%-8% / 2%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for ITW:

  • High net margins (19.3%) point to pricing power or efficiency.
  • Strong return on equity (97.4%) shows capital is put to work well.
  • Healthy free-cash-flow yield (~4.4%) funds buybacks and dividends.
  • Pays a 2.5% dividend on top of any price gains.
Bear Case

The case against ITW:

  • Revenue growth is slow (2.9%), limiting the upside engine.
  • Elevated leverage (debt/equity 2.8x) adds financial risk.
Key Risks
Research

Balance-sheet risk — debt/equity of 2.8x magnifies the impact of higher rates or weaker earnings.

Growth risk — sluggish revenue (2.9%) leaves little margin for execution missteps.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the picture is mixed: Illinois Tool Works is a large-cap industrials business growing at a mature pace, with solid profitability, and a heavier debt load to watch. It trades at 24.2x earnings, which our model scores Neutral (51/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.