Illinois Tool WorksITW.NValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Richly Valued” zone.
As of Oct 16, 2026, Illinois Tool Works (ITW.N) trades at a P/E of 24.30x, P/B of 26.80x, P/S of 4.71x, and a dividend yield of 1.82%.
Longitudinal percentile comparison: P/E sits at the 62nd percentile over the trailing 10Y window (vs. 70th percentile over 3Y); P/B sits at the 98th percentile over the trailing 10Y window (vs. 97th percentile over 3Y); P/S sits at the 71st percentile over the trailing 10Y window (vs. 56th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 51st percentile within its industry and the 62nd percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 3.75%, ranking at the 19th percentile over the trailing 20Y window.
The P/E and P/B percentiles diverge here, differing by 36.0 points — relying on either metric alone could be misleading. Relative to industry peers, its P/E shows a deeper discount than it does against the broader market. Breaking down the total shareholder yield: 1.82% comes from cash dividends, with an implied ~1.93% from buybacks — a fairly balanced mix of both channels. Illinois Tool Works operates in the Manufacturing sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NYSE: ITW · ITW
Want the full picture on whether Illinois Tool Works (ITW.N) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 24.30 | ||||||
| P/B (MRQ) | 26.80 | ||||||
| P/S (TTM) | 4.71 | ||||||
| Dividend Yield | 1.82% | ||||||
| Buyback + Div Yield | 3.75% |