How does Illinois Tool Works Inc. (ITW)'s PE ratio compare to its industry?

Illinois Tool Works Inc. (ITW) trades at a PE of 23.5 versus a Industrial - Machinery Industry median of 25.8 (1422 companies), putting it below the median of that group. A relative PE gap is one signal, not investment advice — see the full DCF fair value at evidinvest.com/valuation/ITW.

ITW PE Benchmarks

Illinois Tool Works Inc. • Industrials

PE Type:

Period:

Data Quality:Good

Current PE Ratio

23.5

Diluted • annual

Forward PE

30.3

NTM Estimate

Sector Companies

500

332 with PE data

Sector Median PE

63.1

332 companies

Peer Companies

Direct competitors

Sector Analysis: Industrials

Total Companies

500

With PE Data

332

Median PE

63.1

PE Range

4.8 - 197.7

Forward PE Median

21.0

Industrials Sector

7586 companies • sector

Above Median(55th %ile)

Current PE:23.5

Forward PE:30.3

Median PE:19.4

Average PE:32.9

Min PE:0.1

Max PE:199.6

25th-75th %ile:10.3 - 39.5

Min: 0.1Max: 199.6

Current: 23.5

Industrial - Machinery Industry

1422 companies • industry

Below Median(45th %ile)

Current PE:23.5

Forward PE:30.3

Median PE:25.8

Average PE:39.3

Min PE:0.1

Max PE:197.8

25th-75th %ile:13.3 - 50.0

Min: 0.1Max: 197.8

Current: 23.5

Peer Companies

11 companies • peers

Low PE(25th %ile)

Current PE:23.5

Forward PE:30.3

Median PE:30.5

Average PE:32.3

Min PE:17.3

Max PE:54.6

25th-75th %ile:25.9 - 34.5

Min: 17.3Max: 54.6

Current: 23.5

Peer Companies

(10 companies)

PNR

EMR

AOS

DOV

CMI

ETN

XYL

FELE

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About PE Benchmarks

• Sector: Companies in the same broad industry sector
• Industry: Companies in the same specific industry classification
• Peers: Direct competitors identified through business analysis
• Position: Where this stock ranks relative to the benchmark group
• Forward PE: Based on next 4 quarters analyst EPS estimates from earnings data

Last updated: 8/19/2026, 12:07:52 PM• Based on latest annual diluted PE ratios

Illinois Tool Works Inc. (ITW) Peer Benchmarks & Industry PE 2026 | EvidInvest

ITW PE Benchmarks

Sector Analysis: Industrials

Industrials Sector

Industrial - Machinery Industry

Peer Companies

Peer Companies

Stock List PE Comparison

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ITW PE Benchmarks

Sector Analysis: Industrials

Industrials Sector

Industrial - Machinery Industry

Peer Companies

Peer Companies

Stock List PE Comparison