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.
FDX
FedEx Corporation
$323.35IndustrialsDelayed quote: Aug 10, 2026, 1:15 PM EDT
ITW
Illinois Tool Works Inc.
$295.24IndustrialsDelayed quote: Aug 10, 2026, 1:15 PM EDT
Total return — FDX vs ITW
growth of $100 · dividends reinvested · last 10yFDX +184.5% (+11.0%/yr)ITW +215.7% (+12.2%/yr)ITW compounded faster over this window
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
| Metric | FDX | ITW |
|---|---|---|
| P/E ratio | 17.37 | 26.90 |
| Forward P/E | 16.04 | 26.00 |
| P/S ratio | 0.81 | 5.17 |
| P/B ratio | 2.43 | 29.42 |
| EV / EBITDA | 9.90 | 19.67 |
| FCF yield | 6.66% | 4.05% |
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 | 5.95% | 24.49% |
Dividends
| Metric | FDX | ITW |
|---|---|---|
| Dividend yield | 1.48% | 2.17% |
| Payout ratio | 25.46% | 61.22% |
Growth (annualized)
| Metric | FDX | ITW |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
FedEx P/E ratioIllinois Tool Works P/E ratioFedEx dividend yieldIllinois Tool Works dividend yieldFedEx ROEIllinois Tool Works ROEFedEx operating marginIllinois Tool Works operating marginFedEx revenue growthIllinois Tool Works revenue growthFedEx free cash flowIllinois Tool Works free cash flow
FedEx & Illinois Tool Works appear in these rankings
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.