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Illinois Tool Works forward PE ITW

Share price divided by analysts' consensus earnings for the next twelve months, since 1996.

Today, Oct 23, 2026
23.5×
10-year median
23.9×
Against its 10-year history
44th
percentile: 0 is its lowest day, 100 its highest
10-year range
16.5× to 33.4×
Peer median
21.2×

Illinois Tool Works' forward PE is 23.5× as of Oct 23, 2026.

That is below its ten-year median of 23.9×, close to the middle of its last ten years.

Over that time it ranged from 16.5× in Dec 2018 to 33.4× in Feb 2020.

The median for 10 industrial machinery stocks of a similar size is 21.2×.

Forward PE over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far23.5×21.6×26.6×
202522.9×21.8×26.6×
202425.3×23.7×27.4×
202326.8×22.9×27.0×
202222.9×19.2×29.3×
202129.4×25.0×29.7×
202026.2×22.2×33.4×
201931.6×16.9×31.6×
201816.6×16.5×24.0×
201723.2×20.0×23.2×
201621.3×15.5×22.1×
201517.7×16.1×20.3×
201420.2×17.4×20.2×
201319.8×15.8×19.9×
201215.7×12.2×16.2×
201111.9×10.8×15.5×
201014.8×12.1×16.4×
200915.8×15.1×28.0×
200826.0×14.0×28.6×
200716.2×14.8×18.1×

Against its peers

Companies in Industrial - Machinery nearest Illinois Tool Works' size, closest first, today.

CompanyForward PE
ITWIllinois Tool Works23.5×
CMICummins15.7×
EMREmerson Electric22.8×
TTTrane Technologies26.8×
PCARPACCAR16.2×
PHParker-Hannifin24.6×
ROKRockwell Automation29.3×
CARRCarrier Global18.6×
OTISOtis Worldwide17.5×
IRIngersoll Rand19.6×
GEVGE Vernova39.7×
Peer median21.2×

Where Illinois Tool Works ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Illinois Tool Works

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.