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ILLINOIS TOOL WORKS INC (ITW)

General Industrial Machinery & Equipment

Latest Price
$286.95
TTM P/E
26.64
Normalized P/E
28.21
Div Yield
2.21%
Book Value
11.20
P/B Ratio
25.61

Valuation metrics

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Norm. op. income: $3.8B (median of 7yr)
Tax rate: 22%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$70.84
75% downside
Base FCF: $2.7B (median of recent 5yr)
Growth: -6%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$39.24
86% downside
EPS: $10.49
Target P/E: 28×
Formula: EPS × P/E
P/E Fair Value
$293.72
+2% upside

Institutional Ownership

81.3% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
Briar Hall Management LLC25.84M$6.72B8.98%-15.4K2026-03-31
BlackRock, Inc.23.37M$6.08B8.12%+1.25M2026-03-31
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO21.03M$5.47B7.31%--2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC17.43M$4.54B6.06%--2026-03-31
STATE STREET CORP12.66M$3.31B4.40%+64.0K2026-03-31
NORTHERN TRUST CORP11.20M$2.92B3.89%-181.6K2026-03-31
GEODE CAPITAL MANAGEMENT, LLC7.06M$1.84B2.45%+114.6K2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC6.80M$1.77B2.36%--2026-03-31
MORGAN STANLEY5.40M$1.41B1.88%+1.33M2026-03-31
Capital Research Global Investors4.76M$1.24B1.65%+121.9K2026-03-31
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