Which has the lower trailing P/E, FDX or ITW?

FDX has the lower trailing P/E: FDX trades at 15.83 and ITW at 23.84. 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 1.64% and ITW yields 2.49% 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 9.24% and ITW delivered 10.76% annualized total return. Past performance doesn't predict future results.

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 October 4, 2026. Differences are shown without an overall score or investment verdict.

FDX

FedEx Corporation

$68.69B

$290.36IndustrialsDelayed quote: Oct 2, 2026, 4:00 PM EDT

ITW

Illinois Tool Works Inc.

$75.64B

$262.92IndustrialsDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — FDX vs ITW

growth of $100 · dividends reinvested · last 10y

FDX +142.9% (+9.3%/yr)ITW +186.1% (+11.1%/yr)ITW compounded faster over this window

FDX ITW

FDX vs ITW: by the numbers

•ITW is the larger company ($75.64B vs $68.69B market cap).
•FDX trades at the lower trailing earnings multiple (15.83 vs 23.84 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 (2.49% vs 1.64%).

Metrics side by side

Valuation

Metric	FDX	ITW
P/E ratio	15.83	23.84
Forward P/E	16.37	22.98
PEG ratio	N/A	2.48
P/S ratio	0.73	4.59
P/B ratio	2.17	26.14
EV / EBITDA	9.15	18.05
FCF yield	7.45%	3.86%

Profitability

Metric	FDX	ITW
Gross margin	22.90%	44.16%
Operating margin	6.74%	26.50%
Net margin	4.68%	19.39%
ROE	14.01%	110.37%
ROIC	5.92%	24.71%

Dividends

Metric	FDX	ITW
Dividend yield	1.64%	2.49%
Payout ratio	26.04%	59.38%

Growth (annualized)

Metric	FDX	ITW
Revenue CAGR (5Y)	2.47%	3.30%
EPS CAGR (5Y)	-1.27%	9.58%
FCF CAGR (5Y)	3.77%	4.41%
Total return CAGR (5Y)	12.34%	7.43%

Frequently asked

Which has the lower trailing P/E, FDX or ITW?: FDX has the lower trailing P/E: FDX trades at 15.83 and ITW at 23.84. 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 1.64% and ITW yields 2.49% 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 9.24% and ITW delivered 10.76% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FDX analysis Full ITW analysis Interactive comparison tool

Dig into the metrics

FedEx P/E ratio Illinois Tool Works P/E ratio FedEx dividend yield Illinois Tool Works dividend yield FedEx ROE Illinois Tool Works ROE FedEx operating margin Illinois Tool Works operating margin FedEx revenue growth Illinois Tool Works revenue growth FedEx free cash flow Illinois Tool Works free cash flow

FedEx & Illinois Tool Works appear in these rankings

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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 October 4, 2026.