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Illinois Tool Works (ITW) Competitors

Illinois Tool Works logo
$249.00 +1.72 (+0.70%)
Closing price 03:59 PM Eastern
Extended Trading
$248.99 -0.01 (-0.01%)
As of 07:53 PM Eastern
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ITW vs. PH, IR, XYL, DOV, SNA, PNR, GGG, IEX, WWD, and NDSN

Should you be buying Illinois Tool Works stock or one of its competitors? The main competitors of Illinois Tool Works include Parker-Hannifin (PH), Ingersoll Rand (IR), Xylem (XYL), Dover (DOV), Snap-on (SNA), Pentair (PNR), Graco (GGG), IDEX (IEX), Woodward (WWD), and Nordson (NDSN). These companies are all part of the "industrial machinery" industry.

Illinois Tool Works vs.

Illinois Tool Works (NYSE:ITW) and Parker-Hannifin (NYSE:PH) are both large-cap industrials companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, risk, dividends, media sentiment, valuation, institutional ownership, profitability, analyst recommendations and community ranking.

Parker-Hannifin received 124 more outperform votes than Illinois Tool Works when rated by MarketBeat users. Likewise, 63.68% of users gave Parker-Hannifin an outperform vote while only 55.67% of users gave Illinois Tool Works an outperform vote.

CompanyUnderperformOutperform
Illinois Tool WorksOutperform Votes
614
55.67%
Underperform Votes
489
44.33%
Parker-HannifinOutperform Votes
738
63.68%
Underperform Votes
421
36.32%

In the previous week, Parker-Hannifin had 1 more articles in the media than Illinois Tool Works. MarketBeat recorded 26 mentions for Parker-Hannifin and 25 mentions for Illinois Tool Works. Illinois Tool Works' average media sentiment score of 1.43 beat Parker-Hannifin's score of 1.11 indicating that Illinois Tool Works is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Illinois Tool Works
21 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Parker-Hannifin
16 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

79.8% of Illinois Tool Works shares are owned by institutional investors. Comparatively, 82.4% of Parker-Hannifin shares are owned by institutional investors. 0.9% of Illinois Tool Works shares are owned by insiders. Comparatively, 0.4% of Parker-Hannifin shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Illinois Tool Works presently has a consensus target price of $253.42, suggesting a potential upside of 1.77%. Parker-Hannifin has a consensus target price of $719.71, suggesting a potential upside of 7.23%. Given Parker-Hannifin's stronger consensus rating and higher possible upside, analysts clearly believe Parker-Hannifin is more favorable than Illinois Tool Works.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Illinois Tool Works
3 Sell rating(s)
7 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.08
Parker-Hannifin
0 Sell rating(s)
4 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.76

Illinois Tool Works has higher earnings, but lower revenue than Parker-Hannifin. Illinois Tool Works is trading at a lower price-to-earnings ratio than Parker-Hannifin, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Illinois Tool Works$15.76B4.63$3.49B$11.3721.90
Parker-Hannifin$19.79B4.33$2.84B$25.9725.84

Illinois Tool Works pays an annual dividend of $6.00 per share and has a dividend yield of 2.4%. Parker-Hannifin pays an annual dividend of $7.20 per share and has a dividend yield of 1.1%. Illinois Tool Works pays out 52.8% of its earnings in the form of a dividend. Parker-Hannifin pays out 27.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Illinois Tool Works has raised its dividend for 55 consecutive years and Parker-Hannifin has raised its dividend for 70 consecutive years.

Illinois Tool Works has a beta of 1.1, meaning that its stock price is 10% more volatile than the S&P 500. Comparatively, Parker-Hannifin has a beta of 1.34, meaning that its stock price is 34% more volatile than the S&P 500.

Illinois Tool Works has a net margin of 21.94% compared to Parker-Hannifin's net margin of 15.87%. Illinois Tool Works' return on equity of 95.39% beat Parker-Hannifin's return on equity.

Company Net Margins Return on Equity Return on Assets
Illinois Tool Works21.94% 95.39% 19.49%
Parker-Hannifin 15.87%27.34%11.64%

Summary

Parker-Hannifin beats Illinois Tool Works on 13 of the 22 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ITW vs. The Competition

MetricIllinois Tool WorksGeneral industrial machinery & equipment IndustryIndustrials SectorNYSE Exchange
Market Cap$72.96B$11.70B$7.78B$19.79B
Dividend Yield2.44%1.36%4.57%3.85%
P/E Ratio21.2519.0824.4235.69
Price / Sales4.632.21103.8745.93
Price / Cash22.8816.7026.8917.52
Price / Book22.044.624.234.84
Net Income$3.49B$539.71M$808.62M$1.02B
7 Day Performance1.45%5.17%1.76%2.34%
1 Month Performance2.72%14.59%10.41%5.85%
1 Year Performance4.02%15.39%25.75%14.70%

Illinois Tool Works Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ITW
Illinois Tool Works
4.5374 of 5 stars
$249.00
+0.7%
$253.42
+1.8%
+2.9%$72.96B$15.76B21.2546,000Positive News
PH
Parker-Hannifin
4.2864 of 5 stars
$660.97
-0.6%
$720.94
+9.1%
+29.8%$84.42B$19.79B27.3455,100Positive News
IR
Ingersoll Rand
3.8771 of 5 stars
$80.90
-0.9%
$98.91
+22.3%
-6.3%$32.64B$7.28B39.2817,000Positive News
XYL
Xylem
4.6906 of 5 stars
$125.62
-0.3%
$143.71
+14.4%
-7.0%$30.55B$8.60B34.3017,800Positive News
DOV
Dover
4.8706 of 5 stars
$176.12
-0.9%
$207.75
+18.0%
+1.9%$24.14B$7.73B9.0525,000Trending News
SNA
Snap-on
3.3033 of 5 stars
$317.47
-1.0%
$350.83
+10.5%
+19.6%$16.57B$4.67B16.2512,900
PNR
Pentair
4.7316 of 5 stars
$98.52
-0.7%
$107.14
+8.8%
+28.6%$16.20B$4.08B26.3311,200Positive News
GGG
Graco
3.5671 of 5 stars
$83.64
-1.2%
$93.00
+11.2%
+8.5%$13.98B$2.15B29.664,000Dividend Announcement
IEX
IDEX
4.4817 of 5 stars
$178.75
-1.2%
$212.50
+18.9%
-9.2%$13.50B$3.28B26.878,870
WWD
Woodward
4.3685 of 5 stars
$217.22
+0.4%
$204.75
-5.7%
+28.7%$12.89B$3.36B36.398,300Positive News
NDSN
Nordson
4.2086 of 5 stars
$212.55
+0.3%
$253.17
+19.1%
-3.0%$12.10B$2.70B27.057,330Positive News
Dividend Announcement

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This page (NYSE:ITW) was last updated on 6/10/2025 by MarketBeat.com Staff
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