Illinois Tool Works
ITW
#278
Rank
$71.91 B
Marketcap
$245.14
Share price
-1.61%
Change (1 day)
-1.70%
Change (1 year)

P/E ratio for Illinois Tool Works (ITW)

P/E ratio as of May 2025 (TTM): 20.8

According to Illinois Tool Works 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.8452. At the end of 2023 the company had a P/E ratio of 26.8.

P/E ratio history for Illinois Tool Works from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202326.819.39%
202222.5-22.2%
202128.9-5.71%
202030.632.76%
201923.139.24%
201816.6-51.46%
201734.159.65%
201621.419.22%
201517.938.76%
201412.9-42.22%
201322.4125.42%
20129.92-10.8%
201111.1-35.23%
201017.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.0-47.04%๐Ÿ‡บ๐Ÿ‡ธ USA
29.4 41.21%๐Ÿ‡บ๐Ÿ‡ธ USA
27.4 31.62%๐Ÿ‡บ๐Ÿ‡ธ USA
23.1 10.61%๐Ÿ‡บ๐Ÿ‡ธ USA
27.5 31.86%๐Ÿ‡บ๐Ÿ‡ธ USA
20.4-2.27%๐Ÿ‡บ๐Ÿ‡ธ USA
25.4 21.83%๐Ÿ‡บ๐Ÿ‡ธ USA
18.6-10.76%๐Ÿ‡บ๐Ÿ‡ธ USA
40.0 91.98%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
7.14-65.72%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.