IEX vs ITW
IDEX (IEX) and Illinois Tool Works (ITW) compared side by side. Illinois Tool Works (ITW) is larger, with a market cap of $78.5B versus $16.9B for IDEX, about 4.7 times the size. On trailing earnings, ITW is cheaper at 25.0x versus 33.0x for IEX.
Head to head
| Metric | IEX | ITW |
|---|---|---|
| Market cap | $16.9B | $78.5B |
| P/E (TTM) | 33.0x | 25.0x |
| Forward P/E | 23.8x | 22.3x |
| Revenue (TTM) | $3.6B | $16.5B |
| Revenue growth | 6.4% | 6.1% |
| Gross margin | 44.7% | 44.2% |
| Operating margin | 22.2% | 26.9% |
| Free cash flow | $641.5M | $2.9B |
| Dividend yield | 1.27% | 2.50% |
| 1-year return | +37.9% | +9.9% |
| 5-year return (annual) | +2.0% | +6.7% |
| Max drawdown | -59% | -57% |
| FI Handbook grade | C+ | B- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
IEX vs ITW FAQ
Which is bigger, IEX or ITW?
Illinois Tool Works (ITW) is larger, with a market cap of $78.5B versus $16.9B for IDEX, about 4.7 times the size.
Is IEX or ITW cheaper?
On trailing earnings, ITW is cheaper at 25.0x versus 33.0x for IEX. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, IEX or ITW?
IEX returned +37.9% over the past year including dividends, versus +9.9% for ITW, through October 23, 2026.
Which pays a higher dividend, IEX or ITW?
ITW yields 2.50% versus 1.27% for IEX.
Full pages: IDEX · Illinois Tool Works