FedEx Corporation (FDX) vs Illinois Tool Works Inc. (ITW)

A side-by-side comparison of FedEx Corporation and Illinois Tool Works Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 10, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnFDX vs ITW

growth of $100 · dividends reinvested · last 10y
FDX +184.5% (+11.0%/yr)ITW +215.7% (+12.2%/yr)ITW compounded faster over this window
100200300Start $10020182020202220242026$285$316
FDX ITW

FDX vs ITW: by the numbers

  • ITW is the larger company ($84.94B vs $76.50B market cap).
  • FDX trades at the lower trailing earnings multiple (17.37 vs 26.90 P/E), one valuation lens rather than an overall verdict.
  • ITW converts more revenue to profit (19.39% vs 4.68% net margin).
  • ITW grew revenue faster over the past five years (3.30% vs 2.47% CAGR).
  • ITW pays the higher dividend yield (2.17% vs 1.48%).

Metrics side by side

Valuation

MetricFDXITW
P/E ratio17.3726.90
Forward P/E16.0426.00
P/S ratio0.815.17
P/B ratio2.4329.42
EV / EBITDA9.9019.67
FCF yield6.66%4.05%

Profitability

MetricFDXITW
Gross margin22.90%44.16%
Operating margin6.74%26.50%
Net margin4.68%19.39%
ROE14.01%110.37%
ROIC5.95%24.49%

Dividends

MetricFDXITW
Dividend yield1.48%2.17%
Payout ratio25.46%61.22%

Growth (annualized)

MetricFDXITW
Revenue CAGR (5Y)2.47%3.30%
EPS CAGR (5Y)-1.27%9.58%
FCF CAGR (5Y)3.77%7.94%
Total return CAGR (5Y)9.57%7.94%

Frequently asked

Which has the lower trailing P/E, FDX or ITW?
FDX has the lower trailing P/E: FDX trades at 17.37 and ITW at 26.90. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FDX or ITW?
Over the past five years, ITW grew revenue faster — FDX at a 2.47% CAGR versus ITW at 3.30%.
Does FDX or ITW pay a bigger dividend?
FDX yields 1.48% and ITW yields 2.17% based on trailing dividends and the latest price.
Is FDX or ITW more profitable?
ITW runs the higher net margin — FDX at 4.68% versus ITW at 19.39%.
How have FDX and ITW total returns compared?
Over the past 10 years, FDX delivered 11.02% and ITW delivered 12.37% annualized total return. 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 August 10, 2026.