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Illinois Tool Works (ITW) Competitors

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$266.86 -6.97 (-2.55%)
Closing price 03:59 PM Eastern
Extended Trading
$267.10 +0.23 (+0.09%)
As of 04:10 PM Eastern
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ITW vs. LECO, AIT, AOS, DE, and DOV

Should you buy Illinois Tool Works stock or one of its competitors? Illinois Tool Works's main competitors and comparable companies include Lincoln Electric (LECO), Applied Industrial Technologies (AIT), A. O. Smith (AOS), Deere & Company (DE), and Dover (DOV). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "industrials" sector.

How does Illinois Tool Works compare to Lincoln Electric?

Lincoln Electric (NASDAQ:LECO) and Illinois Tool Works (NYSE:ITW) are both large-cap industrials companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, risk, dividends, media sentiment, profitability, valuation, earnings and institutional ownership.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Lincoln Electric$4.23B3.49$520.53M$10.0127.06
Illinois Tool Works$16.04B4.74$3.07B$11.0324.19

In the previous week, Lincoln Electric had 1 more articles in the media than Illinois Tool Works. MarketBeat recorded 10 mentions for Lincoln Electric and 9 mentions for Illinois Tool Works. Illinois Tool Works' average media sentiment score of 0.85 beat Lincoln Electric's score of 0.41 indicating that Illinois Tool Works is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Lincoln Electric
1 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Illinois Tool Works
7 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

Lincoln Electric presently has a consensus price target of $307.22, suggesting a potential upside of 13.40%. Illinois Tool Works has a consensus price target of $281.25, suggesting a potential upside of 5.39%. Given Lincoln Electric's stronger consensus rating and higher possible upside, analysts plainly believe Lincoln Electric is more favorable than Illinois Tool Works.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lincoln Electric
0 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.70
Illinois Tool Works
5 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
1.77

Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.2%. Illinois Tool Works pays an annual dividend of $6.44 per share and has a dividend yield of 2.4%. Lincoln Electric pays out 31.6% of its earnings in the form of a dividend. Illinois Tool Works pays out 58.4% 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. Lincoln Electric has raised its dividend for 30 consecutive years and Illinois Tool Works has raised its dividend for 55 consecutive years. Illinois Tool Works is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Illinois Tool Works has a net margin of 19.39% compared to Lincoln Electric's net margin of 12.35%. Illinois Tool Works' return on equity of 101.72% beat Lincoln Electric's return on equity.

Company Net Margins Return on Equity Return on Assets
Lincoln Electric12.35% 39.23% 15.25%
Illinois Tool Works 19.39%101.72%19.64%

79.6% of Lincoln Electric shares are held by institutional investors. Comparatively, 79.8% of Illinois Tool Works shares are held by institutional investors. 1.7% of Lincoln Electric shares are held by company insiders. Comparatively, 0.8% of Illinois Tool Works shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Lincoln Electric has a beta of 1.21, indicating that its stock price is 21% more volatile than the broader market. Comparatively, Illinois Tool Works has a beta of 0.98, indicating that its stock price is 2% less volatile than the broader market.

Summary

Illinois Tool Works beats Lincoln Electric on 11 of the 20 factors compared between the two stocks.

How does Illinois Tool Works compare to Applied Industrial Technologies?

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

Illinois Tool Works has a net margin of 19.39% compared to Applied Industrial Technologies' net margin of 8.35%. Illinois Tool Works' return on equity of 101.72% beat Applied Industrial Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Illinois Tool Works19.39% 101.72% 19.64%
Applied Industrial Technologies 8.35%22.17%13.43%

Illinois Tool Works pays an annual dividend of $6.44 per share and has a dividend yield of 2.4%. Applied Industrial Technologies pays an annual dividend of $2.04 per share and has a dividend yield of 0.6%. Illinois Tool Works pays out 58.4% of its earnings in the form of a dividend. Applied Industrial Technologies pays out 18.6% 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 Applied Industrial Technologies has raised its dividend for 16 consecutive years. Illinois Tool Works is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Illinois Tool Works has a beta of 0.98, suggesting that its stock price is 2% less volatile than the broader market. Comparatively, Applied Industrial Technologies has a beta of 0.83, suggesting that its stock price is 17% less volatile than the broader market.

79.8% of Illinois Tool Works shares are owned by institutional investors. Comparatively, 93.5% of Applied Industrial Technologies shares are owned by institutional investors. 0.8% of Illinois Tool Works shares are owned by insiders. Comparatively, 1.6% of Applied Industrial Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Illinois Tool Works$16.04B4.74$3.07B$11.0324.19
Applied Industrial Technologies$4.97B2.48$414.52M$10.9630.61

In the previous week, Illinois Tool Works had 3 more articles in the media than Applied Industrial Technologies. MarketBeat recorded 9 mentions for Illinois Tool Works and 6 mentions for Applied Industrial Technologies. Illinois Tool Works' average media sentiment score of 0.85 beat Applied Industrial Technologies' score of 0.68 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
7 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Applied Industrial Technologies
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Illinois Tool Works currently has a consensus price target of $281.25, indicating a potential upside of 5.39%. Applied Industrial Technologies has a consensus price target of $400.00, indicating a potential upside of 19.22%. Given Applied Industrial Technologies' stronger consensus rating and higher possible upside, analysts clearly believe Applied Industrial Technologies is more favorable than Illinois Tool Works.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Illinois Tool Works
5 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
1.77
Applied Industrial Technologies
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
3.00

Summary

Illinois Tool Works beats Applied Industrial Technologies on 12 of the 19 factors compared between the two stocks.

How does Illinois Tool Works compare to A. O. Smith?

Illinois Tool Works (NYSE:ITW) and A. O. Smith (NYSE:AOS) are both industrials companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, risk, profitability, media sentiment, valuation, analyst recommendations, dividends and institutional ownership.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Illinois Tool Works$16.04B4.74$3.07B$11.0324.19
A. O. Smith$3.83B2.06$546.20M$3.6016.11

Illinois Tool Works has a net margin of 19.39% compared to A. O. Smith's net margin of 13.15%. Illinois Tool Works' return on equity of 101.72% beat A. O. Smith's return on equity.

Company Net Margins Return on Equity Return on Assets
Illinois Tool Works19.39% 101.72% 19.64%
A. O. Smith 13.15%27.88%15.21%

Illinois Tool Works pays an annual dividend of $6.44 per share and has a dividend yield of 2.4%. A. O. Smith pays an annual dividend of $1.44 per share and has a dividend yield of 2.5%. Illinois Tool Works pays out 58.4% of its earnings in the form of a dividend. A. O. Smith pays out 40.0% 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 A. O. Smith has raised its dividend for 31 consecutive years. A. O. Smith is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Illinois Tool Works had 5 more articles in the media than A. O. Smith. MarketBeat recorded 9 mentions for Illinois Tool Works and 4 mentions for A. O. Smith. Illinois Tool Works' average media sentiment score of 0.85 beat A. O. Smith's score of 0.39 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
7 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
A. O. Smith
1 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Illinois Tool Works presently has a consensus target price of $281.25, indicating a potential upside of 5.39%. A. O. Smith has a consensus target price of $67.75, indicating a potential upside of 16.84%. Given A. O. Smith's stronger consensus rating and higher probable upside, analysts plainly believe A. O. Smith is more favorable than Illinois Tool Works.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Illinois Tool Works
5 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
1.77
A. O. Smith
2 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.00

Illinois Tool Works has a beta of 0.98, suggesting that its stock price is 2% less volatile than the broader market. Comparatively, A. O. Smith has a beta of 1.16, suggesting that its stock price is 16% more volatile than the broader market.

79.8% of Illinois Tool Works shares are held by institutional investors. Comparatively, 76.1% of A. O. Smith shares are held by institutional investors. 0.8% of Illinois Tool Works shares are held by insiders. Comparatively, 0.5% of A. O. Smith shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Illinois Tool Works beats A. O. Smith on 13 of the 18 factors compared between the two stocks.

How does Illinois Tool Works compare to Deere & Company?

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

Illinois Tool Works has a net margin of 19.39% compared to Deere & Company's net margin of 10.16%. Illinois Tool Works' return on equity of 101.72% beat Deere & Company's return on equity.

Company Net Margins Return on Equity Return on Assets
Deere & Company10.16% 18.10% 4.60%
Illinois Tool Works 19.39%101.72%19.64%

Deere & Company presently has a consensus price target of $686.10, suggesting a potential upside of 0.86%. Illinois Tool Works has a consensus price target of $281.25, suggesting a potential upside of 5.39%. Given Illinois Tool Works' higher possible upside, analysts plainly believe Illinois Tool Works is more favorable than Deere & Company.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Deere & Company
0 Sell rating(s)
8 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.68
Illinois Tool Works
5 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
1.77

In the previous week, Deere & Company had 12 more articles in the media than Illinois Tool Works. MarketBeat recorded 21 mentions for Deere & Company and 9 mentions for Illinois Tool Works. Illinois Tool Works' average media sentiment score of 0.85 beat Deere & Company's score of 0.46 indicating that Illinois Tool Works is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Deere & Company
6 Very Positive mention(s)
5 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral
Illinois Tool Works
7 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

Deere & Company pays an annual dividend of $6.48 per share and has a dividend yield of 1.0%. Illinois Tool Works pays an annual dividend of $6.44 per share and has a dividend yield of 2.4%. Deere & Company pays out 36.0% of its earnings in the form of a dividend. Illinois Tool Works pays out 58.4% 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. Deere & Company has increased its dividend for 4 consecutive years and Illinois Tool Works has increased its dividend for 55 consecutive years. Illinois Tool Works is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Deere & Company has a beta of 0.9, meaning that its stock price is 10% less volatile than the broader market. Comparatively, Illinois Tool Works has a beta of 0.98, meaning that its stock price is 2% less volatile than the broader market.

68.6% of Deere & Company shares are owned by institutional investors. Comparatively, 79.8% of Illinois Tool Works shares are owned by institutional investors. 0.3% of Deere & Company shares are owned by insiders. Comparatively, 0.8% of Illinois Tool Works shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Deere & Company$45.68B4.01$5.03B$18.0037.79
Illinois Tool Works$16.04B4.74$3.07B$11.0324.19

Summary

Illinois Tool Works beats Deere & Company on 11 of the 19 factors compared between the two stocks.

How does Illinois Tool Works compare to Dover?

Illinois Tool Works (NYSE:ITW) and Dover (NYSE:DOV) are both large-cap industrials companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, profitability, dividends, institutional ownership, valuation, analyst recommendations, risk and media sentiment.

Illinois Tool Works has a beta of 0.98, suggesting that its share price is 2% less volatile than the broader market. Comparatively, Dover has a beta of 1.15, suggesting that its share price is 15% more volatile than the broader market.

Illinois Tool Works pays an annual dividend of $6.44 per share and has a dividend yield of 2.4%. Dover pays an annual dividend of $2.10 per share and has a dividend yield of 1.1%. Illinois Tool Works pays out 58.4% of its earnings in the form of a dividend. Dover pays out 25.3% 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 increased its dividend for 55 consecutive years and Dover has increased its dividend for 70 consecutive years.

Illinois Tool Works presently has a consensus target price of $281.25, suggesting a potential upside of 5.39%. Dover has a consensus target price of $238.21, suggesting a potential upside of 25.70%. Given Dover's stronger consensus rating and higher possible upside, analysts plainly believe Dover is more favorable than Illinois Tool Works.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Illinois Tool Works
5 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
1.77
Dover
0 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.67

Illinois Tool Works has a net margin of 19.39% compared to Dover's net margin of 13.48%. Illinois Tool Works' return on equity of 101.72% beat Dover's return on equity.

Company Net Margins Return on Equity Return on Assets
Illinois Tool Works19.39% 101.72% 19.64%
Dover 13.48%18.32%10.26%

79.8% of Illinois Tool Works shares are owned by institutional investors. Comparatively, 84.5% of Dover shares are owned by institutional investors. 0.8% of Illinois Tool Works shares are owned by company insiders. Comparatively, 1.1% of Dover shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

In the previous week, Illinois Tool Works had 2 more articles in the media than Dover. MarketBeat recorded 9 mentions for Illinois Tool Works and 7 mentions for Dover. Dover's average media sentiment score of 1.18 beat Illinois Tool Works' score of 0.85 indicating that Dover is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Illinois Tool Works
7 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Dover
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Illinois Tool Works$16.04B4.74$3.07B$11.0324.19
Dover$8.09B3.15$1.09B$8.3022.83

Summary

Illinois Tool Works beats Dover on 10 of the 19 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 ITW 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 WorksMachinery IndustryIndustrials SectorNYSE Exchange
Market Cap$76.00B$11.22B$10.22B$22.74B
Dividend Yield2.35%2.29%96.63%3.68%
P/E Ratio24.1920.4725.1327.67
Price / Sales4.7462.34274.4220.20
Price / Cash22.9823.1623.9619.27
Price / Book24.004.264.844.64
Net Income$3.07B$379.16M$615.19M$1.07B
7 Day Performance-1.30%-1.35%-1.49%-2.80%
1 Month Performance-4.76%-3.37%-2.92%-5.85%
1 Year Performance2.08%6.98%3.54%5.75%

Illinois Tool Works Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ITW
Illinois Tool Works
4.0984 of 5 stars
$266.86
-2.5%
$281.25
+5.4%
+4.8%$76.00B$16.04B24.1943,000
LECO
Lincoln Electric
4.527 of 5 stars
$258.32
+0.4%
$307.22
+18.9%
+14.6%$14.08B$4.48B25.8112,000
AIT
Applied Industrial Technologies
4.7315 of 5 stars
$320.20
-0.5%
$400.00
+24.9%
+29.0%$11.76B$4.97B29.226,900
AOS
A. O. Smith
3.8687 of 5 stars
$56.89
-0.1%
$67.75
+19.1%
-19.5%$7.73B$3.83B15.8011,500
DE
Deere & Company
3.1265 of 5 stars
$685.78
+0.3%
$680.73
-0.7%
+48.6%$184.90B$46.88B38.1073,100

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This page (NYSE:ITW) was last updated on 9/29/2026 by MarketBeat.com Staff.
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