PE Ratio: 23.93

Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 23.93 is in line with its 5-year average of 24.31, around the middle of its 5-year range (18.64–29.06).

As of 2026-09-09T20:00:02.000Z. 3.15% below its 12-month average of 24.71.

PE Ratio (23.93) = Close Price ($263.99) / Diluted TTM EPS ($11.03)

ITW PE Ratio Metrics

P/E vs. its own history

At 23.9, P/E is above its 20-year median — higher than 70% of readings in its 20-year history.

P/E Comparison

PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PE Ratio FAQ

What is the P/E ratio for Illinois Tool Works Inc. (ITW)?

The P/E ratio for ITW stock is 23.93.

Is Illinois Tool Works Inc.'s P/E ratio high or low?

The P/E ratio of 23.93 is in line with its 5-year average of 24.31, around the middle of its 5-year range (18.64–29.06).

What is the TTM average P/E ratio for Illinois Tool Works Inc. (ITW)?

The TTM average P/E ratio for ITW stock is 24.71.

What is the 3Y average P/E ratio for Illinois Tool Works Inc. (ITW)?

The 3Y average P/E ratio for ITW stock is 23.94.

What is the 5Y average P/E ratio for Illinois Tool Works Inc. (ITW)?

The 5Y average P/E ratio for ITW stock is 24.31.

What is the 10Y average P/E ratio for Illinois Tool Works Inc. (ITW)?

The 10Y average P/E ratio for ITW stock is 24.02.

What is the 15Y average P/E ratio for Illinois Tool Works Inc. (ITW)?

The 15Y average P/E ratio for ITW stock is 21.53.

What is the 20Y average P/E ratio for Illinois Tool Works Inc. (ITW)?

The 20Y average P/E ratio for ITW stock is 20.48.

Showing the most recent 260 of 5,030 data points. The chart above shows the full history.

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