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ITW Illinois Tool Works PE ratio, current and historical analysis

As at May 9, 2025, the ITW stock has a PE ratio of 21.25. This is based on the current EPS of $11.41 and the stock price of $242.5 per share. A decrease of 4.6% has been seen in the P/E ratio compared to the average of 22.3 of the last 4 quarters.

ITW PE ratio history

How has ITW's PE ratio performed in the past

The mean historical PE ratio of Illinois Tool Works over the last ten years is 23.31. The current 21.25 PE ratio is 9% below the historical average. Over the past ten years, ITW's PE ratio was at its highest in the Dec 2017 quarter at 34.05, with a price of $166.85 and an EPS of $4.9. The Sep 2015 quarter recorded the bottom point at 16.08, with a price of $82.31 and an EPS of $5.12.

Today
21.25
Average
23.31
Median
22.57
Minimum
16.08
Maximum
34.05

Illinois Tool Works PE ratio by year

Maximum annual increase: 124.72% in 2013

Maximum annual decrease: -51.37% in 2018

Year PE ratio PE change Price EPS
2024 21.58 -19.51% $253.56 $11.75
2023 26.81 19.26% $261.94 $9.77
2022 22.48 -22.13% $220.3 $9.8
2021 28.87 -5.68% $246.8 $8.55
2020 30.61 32.57% $203.88 $6.66
2019 23.09 39.43% $179.63 $7.78
2018 16.56 -51.37% $126.69 $7.65
2017 34.05 59.34% $166.85 $4.9
2016 21.37 18.99% $122.46 $5.73
2015 17.96 39.01% $92.68 $5.16
2014 12.92 -42.22% $94.7 $7.33
2013 22.36 124.72% $84.08 $3.76
2012 9.95 -10.36% $60.81 $6.11
2011 11.1 -37.64% $46.71 $4.21
2010 17.8 -28.05% $53.4 $3

Illinois Tool Works PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Mar 2025 21.74 0.74% $248.01 $11.41
Dec 2024 21.58 -4.47% $253.56 $11.75
Sep 2024 22.59 -2.46% $262.07 $11.6
Jun 2024 23.16 -12.21% $236.96 $10.23
Mar 2024 26.38 -1.6% $268.33 $10.17
Dec 2023 26.81 20.22% $261.94 $9.77
Sep 2023 22.3 -9.61% $230.31 $10.33
Jun 2023 24.67 1.52% $250.16 $10.14
Mar 2023 24.3 8.1% $243.45 $10.02
Dec 2022 22.48 9.39% $220.3 $9.8
Sep 2022 20.55 -4.6% $180.65 $8.79
Jun 2022 21.54 -12.05% $182.25 $8.46
Mar 2022 24.49 -15.17% $209.4 $8.55
Dec 2021 28.87 20.69% $246.8 $8.55
Sep 2021 23.92 -9.6% $206.63 $8.64

ITW average PE ratio chart

What is the average PE ratio of ITW for the past years

Currently, ITW's PE ratio is below the 3, 5 and 10-year averages.

3-year avg
23.18
5-year avg
24.94
10-year avg
23.31
15-year avg
20.15

ITW PE vs peers

What is ITW's PE ratio compared to its peers

ITW's PE ratio is lower than its peer stocks PH and FAST, but it is greater than MMM's and DOV's. Illinois Tool Works's current PE ratio of 21.25 is below the average of its peers, which is 24.64.

Stock name PE ratio Market cap
DOV DOVER Corp 10.55 $24.15B
MIDD Middleby Corp 17.27 $7.46B
MMM 3M Co 17.91 $76.74B
ITW Illinois Tool Works Inc 21.25 $71.05B
FLS Flowserve Corp 22.21 $6.24B
LECO Lincoln Electric Holdings Inc 22.75 $10.38B
NDSN Nordson Corp 24.35 $10.96B
PH Parker Hannifin Corp 24.55 $82.75B
GGG Graco Inc 28.81 $13.92B
IR Ingersoll Rand Inc 38.88 $32B
FAST Fastenal Co 39.1 $45.09B

Frequently asked questions

What is Illinois Tool Works's PE ratio?

The price to earnings ratio for ITW stock is 21.25 as of May 9, 2025.

What is the 3-year average PE ratio for Illinois Tool Works (ITW)?

Over the last 3 years, the average price to earnings ratio for ITW stock is 23.18.

What is the 5-year average PE ratio for Illinois Tool Works (ITW)?

Over the last 5 years, the average price to earnings ratio for ITW stock is 24.94.

What is the highest PE ratio for ITW?

The highest quarterly PE ratio in the last ten years has been 34.05 and it was in the Dec 2017 quarter.

How does the current PE ratio for ITW compare to its historical average?

ITW's current price to earnings ratio is 9% below its 10-year historical average.

How is ITW's PE ratio calculated (Illinois Tool Works PE ratio formula)?

The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 9, 2025), Illinois Tool Works's stock price is $242.5. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $11.41. Therefore, Illinois Tool Works's P/E ratio for today is 21.25. PE RATIO(21.25) = STOCK PRICE($242.5) / TTM EPS($11.41)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.