FTV vs ITW

Fortive (FTV) and Illinois Tool Works (ITW) compared side by side. Illinois Tool Works (ITW) is larger, with a market cap of $78.5B versus $18.2B for Fortive, about 4.3 times the size. On trailing earnings, ITW is cheaper at 25.0x versus 31.7x for FTV.

Head to head

MetricFTVITW
Market cap$18.2B$78.5B
P/E (TTM)31.7x25.0x
Forward P/E18.5x22.3x
Revenue (TTM)$4.3B$16.5B
Revenue growth7.9%6.1%
Gross margin63.2%44.2%
Operating margin19.1%26.9%
Free cash flow$1.1B$2.9B
Dividend yield0.46%2.50%
1-year return+22.0%+9.9%
5-year return (annual)+1.9%+6.7%
Max drawdown-53%-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)

$8.0K
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FTVITW

FTV vs ITW FAQ

Which is bigger, FTV or ITW?

Illinois Tool Works (ITW) is larger, with a market cap of $78.5B versus $18.2B for Fortive, about 4.3 times the size.

Is FTV or ITW cheaper?

On trailing earnings, ITW is cheaper at 25.0x versus 31.7x for FTV. A lower P/E can reflect slower expected growth, so compare growth and margins too.

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

FTV returned +22.0% over the past year including dividends, versus +9.9% for ITW, through October 23, 2026.

Which pays a higher dividend, FTV or ITW?

ITW yields 2.50% versus 0.46% for FTV.

Full pages: Fortive · Illinois Tool Works