DE vs. ITW: Deere vs. Illinois Tool Works Stock Comparison
How do Deere (DE) and Illinois Tool Works (ITW) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Deere (DE) and Illinois Tool Works (ITW) both belong to the Machinery industry, though DE is classified under Agricultural & Farm Machinery while ITW falls under Industrial Machinery & Supplies & Components.
| Profile Item | DE | ITW |
|---|---|---|
| Name | Deere & Company | Illinois Tool Works Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Machinery |
| GICS Sub-Industry | Agricultural & Farm Machinery | Industrial Machinery & Supplies & Components |
| Market Capitalization | 181.09 billion USD | 79.85 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 1, 1972 | March 13, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DE | ITW |
|---|---|---|
| Total Return (1Y) | 49.27% | 20.29% |
| Total Return (3Y, Annualized) | 24.81% | 10.62% |
| Total Return (5Y, Annualized) | 15.67% | 6.67% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DE | ITW |
|---|---|---|
| Volatility (1Y, Annualized) | 33.18% | 22.16% |
| Beta (5Y) | 0.88 | 0.91 |
| Max Drawdown (5Y) | -33.81% | -28.05% |
| Avg. Volume (3M) | 1.23M | 1.27M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DE | ITW |
|---|---|---|
| Sharpe Ratio (1Y) | 1.36 | 0.72 |
| Sortino Ratio (1Y) | 2.26 | 1.12 |
Profitability
ROE (TTM)
Illinois Tool Works (ITW) at 101.65% clears its industry range for ROE, a sharper capital-efficiency signal than Deere (DE) at 18.24%, which is closer to a typical peer reading.
DE
Capital Goods industry group
18.24%
- Max
- 40.55%
- Q3
- 19.29%
- DE
- 18.24%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
ITW
Capital Goods industry group
101.65%
- ITW
- 101.65%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
Illinois Tool Works (ITW) at 19.39% retains a top-quartile share of revenue as profit, ahead of Deere (DE) at 10.17%, which keeps about the industry-typical share.
DE
Capital Goods industry group
10.17%
- Max
- 27.47%
- Q3
- 12.10%
- DE
- 10.17%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
ITW
Capital Goods industry group
19.39%
- Max
- 27.47%
- ITW
- 19.39%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Illinois Tool Works (ITW) at 28.05% operates in the top operating margin quartile, ahead of Deere (DE) at 13.37%, which runs around its industry’s norm.
DE
Capital Goods industry group
13.37%
- Max
- 36.60%
- Q3
- 18.33%
- DE
- 13.37%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
ITW
Capital Goods industry group
28.05%
- Max
- 36.60%
- ITW
- 28.05%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | DE | ITW |
|---|---|---|
| ROE (TTM) | 18.24% | 101.65% |
| ROA (TTM) | 3.76% | 17.13% |
| Net Margin (TTM) | 10.17% | 19.39% |
| Operating Margin (TTM) | 13.37% | 28.05% |
| Gross Margin (TTM) | 25.18% | 44.32% |
Growth
Revenue Growth
Both Deere (DE) at -11.59% and Illinois Tool Works (ITW) at 0.92% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.
EPS Growth
Illinois Tool Works (ITW) at -10.42% is around its peer norm for EPS growth, while Deere (DE) at -27.79% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | DE | ITW |
|---|---|---|
| Revenue Growth (YoY) | -11.59% | 0.92% |
| Revenue Growth (3Y CAGR) | -4.50% | 0.23% |
| EPS Growth (YoY) | -27.79% | -10.42% |
| EPS Growth (3Y CAGR) | -7.37% | 2.40% |
Financial Strength
Current Ratio (MRQ)
Deere (DE) at 2.13 keeps current ratio within its industry’s typical mid-range, while Illinois Tool Works (ITW) at 1.29 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ITW.
DE
Capital Goods industry group
2.13
- Max
- 5.22
- Q3
- 2.95
- DE
- 2.13
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
ITW
Capital Goods industry group
1.29
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- ITW
- 1.29
- Min
- 0.36
Debt / Equity (MRQ)
Both balance sheets lean debt-heavy versus peers, but ITW is more stretched: Deere (DE) at 2.30 sits in the higher-leverage quartile and Illinois Tool Works (ITW) at 2.98 is above its industry benchmark range.
DE
Capital Goods industry group
2.30
- Max
- 2.33
- DE
- 2.30
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
ITW
Capital Goods industry group
2.98
- ITW
- 2.98
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | DE | ITW |
|---|---|---|
| Current Ratio (MRQ) | 2.13 | 1.29 |
| Debt / Equity (MRQ) | 2.30 | 2.98 |
| Net Debt / EBITDA | 6.70 | 1.76 |
Dividends
Dividend Yield (TTM)
Illinois Tool Works (ITW) at 2.29% delivers top-quartile income for its industry, while Deere (DE) at 0.98% pays a more typical yield — both are credible income propositions, ITW the richer one.
DE
Capital Goods industry group
0.98%
- Max
- 2.66%
- Q3
- 1.14%
- DE
- 0.98%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
ITW
Capital Goods industry group
2.29%
- Max
- 2.66%
- ITW
- 2.29%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Deere (DE) at 36.02% and Illinois Tool Works (ITW) at 58.43% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
DE
Capital Goods industry group
36.02%
- Max
- 67.39%
- DE
- 36.02%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
ITW
Capital Goods industry group
58.43%
- Max
- 67.39%
- ITW
- 58.43%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DE | ITW |
|---|---|---|
| Dividend Yield (TTM) | 0.98% | 2.29% |
| Dividend Payout Ratio (TTM) | 36.02% | 58.43% |
Valuation
P/E Ratio (TTM)
Illinois Tool Works (ITW) at 25.06 is near its industry’s usual P/E ratio, while Deere (DE) at 37.33 sits in the richer quartile — DE needs stronger growth or earnings quality to justify the premium.
DE
Capital Goods industry group
37.33
- Max
- 59.38
- DE
- 37.33
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
ITW
Capital Goods industry group
25.06
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- ITW
- 25.06
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Both Deere (DE) at 3.78 and Illinois Tool Works (ITW) at 4.80 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
DE
Capital Goods industry group
3.78
- Max
- 7.54
- DE
- 3.78
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
ITW
Capital Goods industry group
4.80
- Max
- 7.54
- ITW
- 4.80
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Both look rich against book: Deere (DE) at 6.47 sits in the upper P/B ratio quartile, and Illinois Tool Works (ITW) at 25.42 prices even higher, above its industry range.
DE
Capital Goods industry group
6.47
- Max
- 9.66
- DE
- 6.47
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
ITW
Capital Goods industry group
25.42
- ITW
- 25.42
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | DE | ITW |
|---|---|---|
| P/E Ratio (TTM) | 37.33 | 25.06 |
| P/S Ratio (TTM) | 3.78 | 4.80 |
| P/B Ratio (MRQ) | 6.47 | 25.42 |
| Free Cash Flow Yield (TTM) | 2.49% | 2.89% |