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

ITW has the lower trailing P/E: ITW trades at 24.87 and WM at 29.30. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ITW or WM?

Over the past five years, WM grew revenue faster — ITW at a 3.30% CAGR versus WM at 9.22%.

Does ITW or WM pay a bigger dividend?

ITW yields 2.40% and WM yields 1.64% based on trailing dividends and the latest price.

Is ITW or WM more profitable?

ITW runs the higher net margin — ITW at 19.39% versus WM at 11.12%.

How have ITW and WM total returns compared?

Over the past 10 years, ITW delivered 11.35% and WM delivered 15.17% annualized total return. Past performance doesn't predict future results.

Illinois Tool Works Inc. (ITW) vs Waste Management, Inc. (WM)

A side-by-side comparison of Illinois Tool Works Inc. and Waste Management, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

ITW

Illinois Tool Works Inc.

$78.92B

$274.32IndustrialsDelayed quote: Sep 25, 2026, 4:00 PM EDT

Waste Management, Inc.

$82.67B

$206.83IndustrialsDelayed quote: Sep 25, 2026, 4:00 PM EDT

Total return — ITW vs WM

growth of $100 · dividends reinvested · last 10y

ITW +185.6% (+11.1%/yr)WM +308.8% (+15.1%/yr)WM compounded faster over this window

ITW WM

ITW vs WM: by the numbers

•WM is the larger company ($82.67B vs $78.92B market cap).
•ITW trades at the lower trailing earnings multiple (24.87 vs 29.30 P/E), one valuation lens rather than an overall verdict.
•ITW converts more revenue to profit (19.39% vs 11.12% net margin).
•WM grew revenue faster over the past five years (9.22% vs 3.30% CAGR).
•ITW pays the higher dividend yield (2.40% vs 1.64%).

Metrics side by side

Valuation

Metric	ITW	WM
P/E ratio	24.87	29.30
Forward P/E	24.00	25.50
P/S ratio	4.79	3.22
P/B ratio	27.27	8.33
EV / EBITDA	18.76	13.58
FCF yield	3.70%	4.32%

Profitability

Metric	ITW	WM
Gross margin	44.16%	35.04%
Operating margin	26.50%	18.54%
Net margin	19.39%	11.12%
ROE	110.37%	28.74%
ROIC	24.71%	9.01%

Dividends

Metric	ITW	WM
Dividend yield	2.40%	1.64%
Payout ratio	58.39%	50.14%

Growth (annualized)

Metric	ITW	WM
Revenue CAGR (5Y)	3.30%	9.22%
EPS CAGR (5Y)	9.58%	13.68%
FCF CAGR (5Y)	4.41%	7.05%
Total return CAGR (5Y)	6.63%	8.67%

Frequently asked

Which has the lower trailing P/E, ITW or WM?: ITW has the lower trailing P/E: ITW trades at 24.87 and WM at 29.30. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ITW or WM?: Over the past five years, WM grew revenue faster — ITW at a 3.30% CAGR versus WM at 9.22%.
Does ITW or WM pay a bigger dividend?: ITW yields 2.40% and WM yields 1.64% based on trailing dividends and the latest price.
Is ITW or WM more profitable?: ITW runs the higher net margin — ITW at 19.39% versus WM at 11.12%.
How have ITW and WM total returns compared?: Over the past 10 years, ITW delivered 11.35% and WM delivered 15.17% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ITW analysis Full WM analysis Interactive comparison tool

Dig into the metrics

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

Illinois Tool Works & Waste Management appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest ROE Stocks Highest ROIC Stocks

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 September 13, 2026.