ITW vs NDSN
Illinois Tool Works (ITW) and Nordson (NDSN) compared side by side. Illinois Tool Works (ITW) is larger, with a market cap of $78.5B versus $17.8B for Nordson, about 4.4 times the size. On trailing earnings, ITW is cheaper at 25.0x versus 32.3x for NDSN.
Head to head
| Metric | ITW | NDSN |
|---|---|---|
| Market cap | $78.5B | $17.8B |
| P/E (TTM) | 25.0x | 32.3x |
| Forward P/E | 22.3x | 24.6x |
| Revenue (TTM) | $16.5B | $3.0B |
| Revenue growth | 6.1% | 10.3% |
| Gross margin | 44.2% | 55.4% |
| Operating margin | 26.9% | 27.4% |
| Free cash flow | $2.9B | $724.0M |
| Dividend yield | 2.50% | 1.18% |
| 1-year return | +9.9% | +36.8% |
| 5-year return (annual) | +6.7% | +5.9% |
| Max drawdown | -57% | -74% |
| FI Handbook grade | B- | B- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
ITW vs NDSN FAQ
Which is bigger, ITW or NDSN?
Illinois Tool Works (ITW) is larger, with a market cap of $78.5B versus $17.8B for Nordson, about 4.4 times the size.
Is ITW or NDSN cheaper?
On trailing earnings, ITW is cheaper at 25.0x versus 32.3x for NDSN. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, ITW or NDSN?
NDSN returned +36.8% over the past year including dividends, versus +9.9% for ITW, through October 23, 2026.
Which pays a higher dividend, ITW or NDSN?
ITW yields 2.50% versus 1.18% for NDSN.
Full pages: Illinois Tool Works · Nordson