S&P 500 comparison · Industrials

W. W. Grainger vs Illinois Tool Works

Prices at close . Model readings .

W. W. Grainger

$1,340.76−0.15%
Month: negativeLong run: neutral

Illinois Tool Works

$276.07+0.05%
Month: negativeLong run: negative
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), Illinois Tool Works is the larger company by market value ($78.76B against $63.28B). Over the past year W. W. Grainger returned +38.2% and Illinois Tool Works +13.5%, while the S&P 500 returned +12.7%. The latest filed P/E is 35.8 for W. W. Grainger and 23.7 for Illinois Tool Works, and the operating margin 16.1% against 27.8%. Over the next 21 sessions the model expects −0.02% for W. W. Grainger, with a 58% chance of a rise, and −0.22% for Illinois Tool Works, with a 24% chance. W. W. Grainger's long-run fair value is $1,276.23, a gap of −4.8% to its price; the long-run model view is neutral. Illinois Tool Works' long-run fair value is $227.40, a gap of −17.6% to its price; the long-run model view is negative.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
GWW−0.02%
ITW−0.22%
Chance of a risenext 21 sessions
GWW58%
ITW24%
Expected returnnext 63 sessions
GWW+1.82%
ITW+1.48%
Range of outcomes63 sessions, 80% band
GWW−14.1% to +17.7%
ITW−14.3% to +17.3%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
GWW$1,276.2328 Oct 2026
ITW$227.4028 Oct 2026
Gap to pricefair value against the close
GWW−4.8%
ITW−17.6%
Past readings that matchedsign of the 21-session outcome
GWW44.2%of 269
ITW46.5%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
GWW+7.4%
ITW+4%
6 monthsS&P 500: +8.5%
GWW+17.6%
ITW+4.5%
Year to dateS&P 500: +13.3%
GWW+33.7%
ITW+13.5%
1 yearS&P 500: +12.7%
GWW+38.2%
ITW+13.5%
5 yearsS&P 500: +70.7%
GWW+222.3%
ITW+38.1%
1 year against the S&P 500percentage points
GWW+25.5 pts
ITW+0.8 pts
Position in the 52-week range0% low, 100% high
GWW85%close $1,340.76 in $901.22 to $1,417.14
ITW62%close $276.07 in $234.38 to $301.92
Against the 200-day average
GWW+9%
ITW+2.7%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to (GWW), (ITW)
Market value
GWW$63.28B28 Oct 2026
ITW$78.76B28 Oct 2026
Enterprise valueat the last filing
GWW$66.03B30 Jun 2026
ITW$81.96B30 Sep 2026
P/Elatest filed
GWW35.8
ITW23.7
Price to book
GWW14.23
ITW23.36
EV / EBITDA
GWW22.34
ITW17.78
Free cash flow yield
GWW2.35%
ITW3.91%
Dividend yield
GWW0.77%
ITW2.52%
Questions

W. W. Grainger or Illinois Tool Works: common questions

Which is larger by market value, W. W. Grainger or Illinois Tool Works?

Illinois Tool Works, at $78.76B against $63.28B for W. W. Grainger, on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, W. W. Grainger or Illinois Tool Works?

W. W. Grainger has the higher latest filed P/E, 35.8; Illinois Tool Works' is 23.7. Filings: quarter to 30 Jun 2026 and 30 Sep 2026.

How did W. W. Grainger and Illinois Tool Works move over the past year against the S&P 500?

Over the past year W. W. Grainger returned +38.2% and Illinois Tool Works +13.5%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for W. W. Grainger and Illinois Tool Works over the next month?

−0.02% for W. W. Grainger with a 58% chance of a rise, and −0.22% for Illinois Tool Works with a 24% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of W. W. Grainger and Illinois Tool Works compare?

The operating margin is 16.1% for W. W. Grainger and 27.8% for Illinois Tool Works, and the gross margin 39.5% against 53.6%. Filings: quarter to 30 Jun 2026 and 30 Sep 2026.

Do W. W. Grainger and Illinois Tool Works shares move together?

Over the past year the correlation of their daily returns was 0.50 (often together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

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The two company pagesW. W. Grainger (GWW) forecast and analysisIllinois Tool Works (ITW) forecast and analysis
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Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.