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Illinois Tool Works (ITW) Competitors

Illinois Tool Works logo
$287.64 +0.89 (+0.31%)
As of 03:40 PM Eastern
This is a fair market value price provided by Massive. Learn more.

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?

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

Illinois Tool Works pays an annual dividend of $6.88 per share and has a dividend yield of 2.4%. Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.1%. Illinois Tool Works pays out 61.3% of its earnings in the form of a dividend. Lincoln Electric pays out 30.3% 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 Lincoln Electric has increased its dividend for 30 consecutive years. Illinois Tool Works is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, Illinois Tool Works had 11 more articles in the media than Lincoln Electric. MarketBeat recorded 26 mentions for Illinois Tool Works and 15 mentions for Lincoln Electric. Lincoln Electric's average media sentiment score of 1.02 beat Illinois Tool Works' score of 0.67 indicating that Lincoln Electric is being referred to more favorably in the news media.

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

Illinois Tool Works currently has a consensus price target of $276.33, indicating a potential downside of 3.89%. Lincoln Electric has a consensus price target of $319.11, indicating a potential upside of 12.72%. Given Lincoln Electric's stronger consensus rating and higher possible upside, analysts clearly believe Lincoln Electric 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)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.69
Lincoln Electric
0 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.60

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
Illinois Tool Works$16.04B5.09$3.07B$11.2225.63
Lincoln Electric$4.23B3.62$520.53M$10.4327.14

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

Illinois Tool Works has a net margin of 19.39% compared to Lincoln Electric's net margin of 12.40%. Illinois Tool Works' return on equity of 103.35% beat Lincoln Electric's return on equity.

Company Net Margins Return on Equity Return on Assets
Illinois Tool Works19.39% 103.35% 19.74%
Lincoln Electric 12.40%40.06%15.86%

Illinois Tool Works has a beta of 0.92, suggesting that its stock price is 8% less volatile than the broader market. Comparatively, Lincoln Electric has a beta of 1.19, suggesting that its stock price is 19% more volatile than the broader market.

Summary

Illinois Tool Works beats Lincoln Electric on 11 of the 19 factors compared between the two stocks.

How does Illinois Tool Works compare to Applied Industrial Technologies?

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

In the previous week, Illinois Tool Works had 22 more articles in the media than Applied Industrial Technologies. MarketBeat recorded 26 mentions for Illinois Tool Works and 4 mentions for Applied Industrial Technologies. Applied Industrial Technologies' average media sentiment score of 1.02 beat Illinois Tool Works' score of 0.67 indicating that Applied Industrial Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Applied Industrial Technologies
3 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
12 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Applied Industrial Technologies presently has a consensus price target of $380.00, indicating a potential upside of 28.02%. Illinois Tool Works has a consensus price target of $276.33, indicating a potential downside of 3.89%. Given Applied Industrial Technologies' stronger consensus rating and higher possible upside, equities 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
Applied Industrial Technologies
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86
Illinois Tool Works
5 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.69

Applied Industrial Technologies has a beta of 0.87, meaning that its share price is 13% less volatile than the broader market. Comparatively, Illinois Tool Works has a beta of 0.92, meaning that its share price is 8% less volatile than the broader market.

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

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
Applied Industrial Technologies$4.97B2.18$414.52M$11.3026.27
Illinois Tool Works$16.04B5.09$3.07B$11.2225.63

Illinois Tool Works has a net margin of 19.39% compared to Applied Industrial Technologies' net margin of 8.38%. Illinois Tool Works' return on equity of 103.35% beat Applied Industrial Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Applied Industrial Technologies8.38% 22.68% 13.97%
Illinois Tool Works 19.39%103.35%19.74%

Applied Industrial Technologies pays an annual dividend of $2.04 per share and has a dividend yield of 0.7%. Illinois Tool Works pays an annual dividend of $6.88 per share and has a dividend yield of 2.4%. Applied Industrial Technologies pays out 18.1% of its earnings in the form of a dividend. Illinois Tool Works pays out 61.3% 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. Applied Industrial Technologies has increased its dividend for 16 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.

Summary

Illinois Tool Works beats Applied Industrial Technologies on 10 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 contrast the two businesses based on the strength of their media sentiment, profitability, institutional ownership, earnings, risk, valuation, analyst recommendations and dividends.

Illinois Tool Works has a beta of 0.92, indicating that its share price is 8% less volatile than the broader market. Comparatively, A. O. Smith has a beta of 1.03, indicating that its share price is 3% more volatile than the broader market.

In the previous week, Illinois Tool Works had 20 more articles in the media than A. O. Smith. MarketBeat recorded 26 mentions for Illinois Tool Works and 6 mentions for A. O. Smith. Illinois Tool Works' average media sentiment score of 0.67 beat A. O. Smith's score of 0.36 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
12 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
A. O. Smith
1 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Illinois Tool Works presently has a consensus target price of $276.33, suggesting a potential downside of 3.89%. A. O. Smith has a consensus target price of $66.00, suggesting a potential upside of 2.92%. Given A. O. Smith's stronger consensus rating and higher probable upside, analysts clearly 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)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.69
A. O. Smith
3 Sell rating(s)
6 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.80

Illinois Tool Works pays an annual dividend of $6.88 per share and has a dividend yield of 2.4%. A. O. Smith pays an annual dividend of $1.52 per share and has a dividend yield of 2.4%. Illinois Tool Works pays out 61.3% of its earnings in the form of a dividend. A. O. Smith pays out 42.3% 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 A. O. Smith has increased its dividend for 31 consecutive years. Illinois Tool Works is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

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

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$16.04B5.09$3.07B$11.2225.63
A. O. Smith$3.83B2.25$546.20M$3.5917.86

Illinois Tool Works has a net margin of 19.39% compared to A. O. Smith's net margin of 13.01%. Illinois Tool Works' return on equity of 103.35% beat A. O. Smith's return on equity.

Company Net Margins Return on Equity Return on Assets
Illinois Tool Works19.39% 103.35% 19.74%
A. O. Smith 13.01%27.66%14.52%

Summary

Illinois Tool Works beats A. O. Smith on 14 of the 18 factors compared between the two stocks.

How does Illinois Tool Works compare to Deere & Company?

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

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
Illinois Tool Works$16.04B5.09$3.07B$11.2225.63
Deere & Company$45.68B3.97$5.03B$18.0037.37

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 103.35% beat Deere & Company's return on equity.

Company Net Margins Return on Equity Return on Assets
Illinois Tool Works19.39% 103.35% 19.74%
Deere & Company 10.16%18.10%4.60%

Illinois Tool Works pays an annual dividend of $6.88 per share and has a dividend yield of 2.4%. Deere & Company pays an annual dividend of $6.48 per share and has a dividend yield of 1.0%. Illinois Tool Works pays out 61.3% of its earnings in the form of a dividend. Deere & Company pays out 36.0% 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 Deere & Company has raised its dividend for 4 consecutive years. Illinois Tool Works is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

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

In the previous week, Deere & Company had 4 more articles in the media than Illinois Tool Works. MarketBeat recorded 30 mentions for Deere & Company and 26 mentions for Illinois Tool Works. Deere & Company's average media sentiment score of 0.94 beat Illinois Tool Works' score of 0.67 indicating that Deere & Company is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Illinois Tool Works
12 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Deere & Company
15 Very Positive mention(s)
10 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

Illinois Tool Works has a beta of 0.92, indicating that its stock price is 8% less volatile than the broader market. Comparatively, Deere & Company has a beta of 0.89, indicating that its stock price is 11% less volatile than the broader market.

Illinois Tool Works currently has a consensus price target of $276.33, indicating a potential downside of 3.89%. Deere & Company has a consensus price target of $688.10, indicating a potential upside of 2.31%. Given Deere & Company's stronger consensus rating and higher probable upside, analysts plainly believe Deere & Company 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)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.69
Deere & Company
0 Sell rating(s)
8 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.68

Summary

Deere & Company beats Illinois Tool Works on 10 of the 19 factors compared between the two stocks.

How does Illinois Tool Works compare to Dover?

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

Dover presently has a consensus target price of $238.60, indicating a potential upside of 13.85%. Illinois Tool Works has a consensus target price of $276.33, indicating a potential downside of 3.89%. Given Dover's stronger consensus rating and higher possible upside, research analysts plainly believe Dover is more favorable than Illinois Tool Works.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Dover
0 Sell rating(s)
5 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.69
Illinois Tool Works
5 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.69

Dover has a beta of 1.1, meaning that its share price is 10% more volatile than the broader market. Comparatively, Illinois Tool Works has a beta of 0.92, meaning that its share price is 8% less volatile than the broader market.

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
Dover$8.09B3.44$1.09B$8.5824.43
Illinois Tool Works$16.04B5.09$3.07B$11.2225.63

Illinois Tool Works has a net margin of 19.39% compared to Dover's net margin of 13.60%. Illinois Tool Works' return on equity of 103.35% beat Dover's return on equity.

Company Net Margins Return on Equity Return on Assets
Dover13.60% 18.68% 10.40%
Illinois Tool Works 19.39%103.35%19.74%

Dover pays an annual dividend of $2.10 per share and has a dividend yield of 1.0%. Illinois Tool Works pays an annual dividend of $6.88 per share and has a dividend yield of 2.4%. Dover pays out 24.5% of its earnings in the form of a dividend. Illinois Tool Works pays out 61.3% 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. Dover has increased its dividend for 70 consecutive years and Illinois Tool Works has increased its dividend for 55 consecutive years.

84.5% of Dover shares are held by institutional investors. Comparatively, 79.8% of Illinois Tool Works shares are held by institutional investors. 1.1% of Dover 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 hedge funds, endowments and large money managers believe a company is poised for long-term growth.

In the previous week, Illinois Tool Works had 18 more articles in the media than Dover. MarketBeat recorded 26 mentions for Illinois Tool Works and 8 mentions for Dover. Dover's average media sentiment score of 0.81 beat Illinois Tool Works' score of 0.67 indicating that Dover is being referred to more favorably in the media.

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

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$81.75B$10.27B$10.10B$23.51B
Dividend Yield2.38%2.31%2.91%3.74%
P/E Ratio25.6432.6932.3029.86
Price / Sales5.092.783.173.37
Price / Cash24.1918.2419.8315.68
Price / Book26.003.173.793.72
Net Income$3.07B$373.63M$612.44M$1.08B
7 Day Performance2.35%1.65%0.96%0.53%
1 Month Performance7.92%-3.16%-2.50%-0.36%
1 Year Performance17.22%1.26%2.01%6.69%

Illinois Tool Works Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ITW
Illinois Tool Works
3.6717 of 5 stars
$287.64
+0.3%
$276.33
-3.9%
+17.0%$81.79B$16.04B25.6543,000
LECO
Lincoln Electric
4.8547 of 5 stars
$285.50
+3.1%
$319.11
+11.8%
+20.5%$15.46B$4.23B27.3712,000
AIT
Applied Industrial Technologies
4.8847 of 5 stars
$298.68
+1.6%
$380.00
+27.2%
+16.7%$10.90B$4.97B26.436,900
AOS
A. O. Smith
3.2289 of 5 stars
$65.38
+3.7%
$66.00
+1.0%
-3.4%$8.89B$3.80B18.2111,500
DE
Deere & Company
2.8339 of 5 stars
$667.06
-1.2%
$688.10
+3.2%
+41.7%$179.85B$45.68B37.0673,100

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This page (NYSE:ITW) was last updated on 11/13/2026 by MarketBeat.com Staff.
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