Canadian Pacific Kansas City Ltd. (CP) vs Illinois Tool Works Inc. (ITW)

CP leads on 9 of 16 compared metrics.

A side-by-side comparison of Canadian Pacific Kansas City Ltd. and Illinois Tool Works Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — CP vs ITW

growth of $100 · last 30y
CP +3874.4%ITW +1509.8%CP compounded faster
01k2k3k4kStart $100200120062011201620212026$3,974$1,610
CP ITW

CP vs ITW: by the numbers

  • ITW is the larger company ($77.85B vs $77.27B market cap).
  • CP trades at the lower earnings multiple (24.74 vs 25.13 P/E).
  • CP converts more revenue to profit (26.86% vs 19.32% net margin).
  • CP grew revenue faster over the past five years (15.26% vs 4.71% CAGR).
  • ITW pays the higher dividend yield (2.34% vs 0.98%).

Which is better, CP or ITW?

Metric tally: CP 9 · ITW 7

It depends on what you're optimizing for:

GrowthCP(faster 5Y revenue CAGR)
IncomeITW(higher dividend yield)
QualityITW(higher ROIC)

Metrics side by side

Valuation

MetricCPITW
P/E ratio24.7425.13
Forward P/E14.7023.94
P/S ratio6.564.82
P/B ratio2.3324.23
PEG ratio1.652.62
EV / EBITDA14.5318.61
FCF yield1.90%3.50%

Profitability

MetricCPITW
Gross margin46.67%44.12%
Operating margin36.78%26.42%
Net margin26.86%19.32%
ROE9.56%97.06%
ROIC5.09%24.49%

Dividends

MetricCPITW
Dividend yield0.98%2.34%
Payout ratio25.83%60.17%

Growth (annualized)

MetricCPITW
Revenue CAGR (5Y)15.26%4.71%
EPS CAGR (5Y)3.04%9.58%
FCF CAGR (5Y)8.84%1.38%
Total return CAGR (5Y)3.19%6.41%

Frequently asked

Which is better, CP or ITW?
It depends on your goal. growth: CP (faster 5Y revenue CAGR); income: ITW (higher dividend yield); quality: ITW (higher ROIC). Across all compared metrics, CP leads 9 to 7.
Is CP or ITW cheaper?
On trailing earnings, CP is cheaper: CP trades at a 24.74 P/E and ITW at 25.13.
Which has grown faster, CP or ITW?
Over the past five years, CP grew revenue faster — CP at a 15.26% CAGR versus ITW at 4.71%.
Does CP or ITW pay a bigger dividend?
CP yields 0.98% and ITW yields 2.34% based on trailing dividends and the latest price.
Is CP or ITW more profitable?
CP runs the higher net margin — CP at 26.86% versus ITW at 19.32%.
Which has been the better investment, CP or ITW?
Over the past 10-year, CP delivered the higher annualized total return — CP at 14.38% versus ITW at 12.90%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 26, 2026.