ITW vs OTIS

Illinois Tool Works (ITW) and Otis Worldwide (OTIS) compared side by side. Illinois Tool Works (ITW) is larger, with a market cap of $78.5B versus $28.6B for Otis Worldwide, about 2.7 times the size. On trailing earnings, OTIS is cheaper at 19.3x versus 25.0x for ITW.

Head to head

MetricITWOTIS
Market cap$78.5B$28.6B
P/E (TTM)25.0x19.3x
Forward P/E22.3x16.6x
Revenue (TTM)$16.5B$14.9B
Revenue growth6.1%7.3%
Gross margin44.2%30.3%
Operating margin26.9%15.1%
Free cash flow$2.9B$1.7B
Dividend yield2.50%2.34%
1-year return+9.9%-17.4%
5-year return (annual)+6.7%-0.9%
Max drawdown-57%-37%
FI Handbook gradeB-C+

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

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

$8.0K
$10.0K
$12.0K
20222023202420252026
ITWOTIS

ITW vs OTIS FAQ

Which is bigger, ITW or OTIS?

Illinois Tool Works (ITW) is larger, with a market cap of $78.5B versus $28.6B for Otis Worldwide, about 2.7 times the size.

Is ITW or OTIS cheaper?

On trailing earnings, OTIS is cheaper at 19.3x versus 25.0x for ITW. 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 OTIS?

ITW returned +9.9% over the past year including dividends, versus -17.4% for OTIS, through October 23, 2026.

Which pays a higher dividend, ITW or OTIS?

ITW yields 2.50% versus 2.34% for OTIS.

Full pages: Illinois Tool Works · Otis Worldwide