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ITW Illinois Tool Works PE ratio, current and historical analysis

As at Sep 28, 2023, the ITW stock has a PE ratio of 22.88. This is based on the current EPS of $10.14 and the stock price of $232.05 per share. The current PE ratio is comparable to the past four-quarter average.

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 21.91. The current 22.88 PE ratio is 4.4% above 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 2014 quarter recorded the bottom point at 11.91, with a price of $84.42 and an EPS of $7.09.


Illinois Tool Works PE ratio by year

Maximum annual increase: 124.72% in 2013

Maximum annual decrease: -51.37% in 2018

Year PE ratio Change
2022 22.48 -22.13%
2021 28.87 -5.68%
2020 30.61 32.57%
2019 23.09 39.43%
2018 16.56 -51.37%
2017 34.05 59.34%
2016 21.37 18.99%
2015 17.96 39.01%
2014 12.92 -42.22%
2013 22.36 124.72%

ITW average PE ratio chart

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

Currently, ITW's PE ratio is greater than its 10-year historical average, but it is below the 3 and 5-year averages.

3-year avg
5-year avg
10-year avg
15-year avg

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 IR, but it is greater than DOV's and LECO's. Illinois Tool Works's current PE ratio of 22.88 is below the average of its peers, which is 24.06.

Stock name PE ratio Market cap
MIDD Middleby Corp 15.2 $6.88B
DOV DOVER Corp 19.27 $19.57B
LECO Lincoln Electric Holdings Inc 21.87 $10.42B
FLS Flowserve Corp 22.27 $5.29B
ITW Illinois Tool Works Inc 22.7 $69.6B
PH Parker Hannifin Corp 24.03 $50.09B
GGG Graco Inc 24.18 $12.34B
NDSN Nordson Corp 25.66 $12.8B
JBT John Bean Technologies CORP 26.85 $3.34B
IR Ingersoll Rand Inc 37 $25.89B
MMM 3M Co N/A $51.82B

Frequently asked questions

What is Illinois Tool Works's PE ratio?

The price to earnings ratio for ITW stock is 22.88 as of Sep 28, 2023.

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 25.73.

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 23.86.

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 4.4% above 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 (Sep 28, 2023), Illinois Tool Works's stock price is $232.05. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $10.14. Therefore, Illinois Tool Works's P/E ratio for today is 22.88. PE RATIO(22.88) = STOCK PRICE($232.05) / TTM EPS($10.14)

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