GWW vs ITW

W. W. Grainger (GWW) and Illinois Tool Works (ITW) compared side by side. Illinois Tool Works (ITW) is larger, with a market cap of $78.5B versus $63.6B for W. W. Grainger, about 1.2 times the size. On trailing earnings, ITW is cheaper at 25.0x versus 34.4x for GWW.

Head to head

MetricGWWITW
Market cap$63.6B$78.5B
P/E (TTM)34.4x25.0x
Forward P/E26.4x22.3x
Revenue (TTM)$18.8B$16.5B
Revenue growth10.3%6.1%
Gross margin39.4%44.2%
Operating margin16.1%26.9%
Free cash flow$1.5B$2.9B
Dividend yield0.74%2.50%
1-year return+41.2%+9.9%
5-year return (annual)+26.5%+6.7%
Max drawdown-65%-57%
FI Handbook gradeB-B-

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

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GWWITW

GWW vs ITW FAQ

Which is bigger, GWW or ITW?

Illinois Tool Works (ITW) is larger, with a market cap of $78.5B versus $63.6B for W. W. Grainger, about 1.2 times the size.

Is GWW or ITW cheaper?

On trailing earnings, ITW is cheaper at 25.0x versus 34.4x for GWW. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, GWW or ITW?

GWW returned +41.2% over the past year including dividends, versus +9.9% for ITW, through October 23, 2026.

Which pays a higher dividend, GWW or ITW?

ITW yields 2.50% versus 0.74% for GWW.

Full pages: W. W. Grainger · Illinois Tool Works