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 | 165.54 billion USD | 77.02 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
Performance Metrics
| Metric | DE | ITW |
|---|---|---|
| Total Return (1Y) | 22.17% | 11.24% |
Risk Profile
Drawdown History
Risk Metrics
| Metric | DE | ITW |
|---|---|---|
| Volatility (1Y, Annualized) | 30.50% | 20.78% |
| Beta (5Y) | 0.87 | 0.98 |
| Avg. Volume (3M) | 1.29M | 1.37M |
Risk-Adjusted Performance
Risk-Return Positioning
Profitability
ROE (TTM)
Illinois Tool Works (ITW) at 96.85% clears its industry range for ROE, a sharper capital-efficiency signal than Deere (DE) at 18.35%, which is closer to a typical peer reading.
DE
Capital Goods industry group
18.35%
- Max
- 45.43%
- Q3
- 20.07%
- DE
- 18.35%
- Median
- 11.35%
- Q1
- 3.04%
- Min
- -19.79%
ITW
Capital Goods industry group
96.85%
- ITW
- 96.85%
- Max
- 45.43%
- Q3
- 20.07%
- Median
- 11.35%
- Q1
- 3.04%
- Min
- -19.79%
Net Margin (TTM)
Illinois Tool Works (ITW) at 19.32% retains a top-quartile share of revenue as profit, ahead of Deere (DE) at 10.10%, which keeps about the industry-typical share.
DE
Capital Goods industry group
10.10%
- Max
- 24.69%
- Q3
- 11.56%
- DE
- 10.10%
- Median
- 5.93%
- Q1
- 0.85%
- Min
- -13.94%
ITW
Capital Goods industry group
19.32%
- Max
- 24.69%
- ITW
- 19.32%
- Q3
- 11.56%
- Median
- 5.93%
- Q1
- 0.85%
- Min
- -13.94%
Operating Margin (TTM)
Both Deere (DE) at 17.48% and Illinois Tool Works (ITW) at 25.67% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
DE
Capital Goods industry group
17.48%
- Max
- 29.84%
- DE
- 17.48%
- Q3
- 15.92%
- Median
- 8.27%
- Q1
- 1.86%
- Min
- -17.50%
ITW
Capital Goods industry group
25.67%
- Max
- 29.84%
- ITW
- 25.67%
- Q3
- 15.92%
- Median
- 8.27%
- Q1
- 1.86%
- Min
- -17.50%
Profitability Metrics
| Metric | DE | ITW |
|---|---|---|
| ROE (TTM) | 18.35% | 96.85% |
| ROA (TTM) | 3.83% | 17.05% |
| Net Margin (TTM) | 10.10% | 19.32% |
| Operating Margin (TTM) | 17.48% | 25.67% |
| Gross Margin (TTM) | 25.97% | 44.12% |
Growth
Revenue Growth
Revenue Growth Metrics
| Metric | DE | ITW |
|---|---|---|
| Revenue Growth (YoY) | -11.59% | 0.92% |
| Revenue Growth (3Y CAGR) | -4.50% | 0.23% |
EPS Growth
EPS Growth Metrics
| Metric | DE | ITW |
|---|---|---|
| EPS Growth (YoY) | -27.79% | -10.42% |
| EPS Growth (3Y CAGR) | -7.37% | 2.40% |
Financial Strength
Current Ratio (MRQ)
Deere (DE) at 2.21 keeps current ratio within its industry’s typical mid-range, while Illinois Tool Works (ITW) at 1.19 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ITW.
DE
Capital Goods industry group
2.21
- Max
- 5.24
- Q3
- 2.97
- DE
- 2.21
- Median
- 2.11
- Q1
- 1.45
- Min
- 0.71
ITW
Capital Goods industry group
1.19
- Max
- 5.24
- Q3
- 2.97
- Median
- 2.11
- Q1
- 1.45
- ITW
- 1.19
- Min
- 0.71
Debt / Equity (MRQ)
Debt sits unusually high against shareholders’ equity for both Deere (DE) at 3.76 and Illinois Tool Works (ITW) at 2.83 — each debt-to-equity ratio is above its industry benchmark range.
DE
Capital Goods industry group
3.76
- DE
- 3.76
- Max
- 2.29
- Q3
- 1.08
- Median
- 0.62
- Q1
- 0.28
- Min
- 0.00
ITW
Capital Goods industry group
2.83
- ITW
- 2.83
- Max
- 2.29
- Q3
- 1.08
- Median
- 0.62
- Q1
- 0.28
- Min
- 0.00
Financial Strength Metrics
| Metric | DE | ITW |
|---|---|---|
| Current Ratio (MRQ) | 2.21 | 1.19 |
| Debt / Equity (MRQ) | 3.76 | 2.83 |
| Net Debt / EBITDA | 4.60 | 1.76 |
Dividends
Dividend Yield (TTM)
Both Deere (DE) at 1.03% and Illinois Tool Works (ITW) at 2.34% offer top-quartile dividend income relative to share price within their industries.
DE
Capital Goods industry group
1.03%
- Max
- 2.34%
- DE
- 1.03%
- Q3
- 1.00%
- Median
- 0.15%
- Q1
- 0.00%
- Min
- 0.00%
ITW
Capital Goods industry group
2.34%
- ITW
- 2.34%
- Max
- 2.34%
- Q3
- 1.00%
- Median
- 0.15%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Deere (DE) at 36.71% and Illinois Tool Works (ITW) at 58.77% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
DE
Capital Goods industry group
36.71%
- Max
- 72.02%
- DE
- 36.71%
- Q3
- 29.56%
- Median
- 6.41%
- Q1
- 0.00%
- Min
- 0.00%
ITW
Capital Goods industry group
58.77%
- Max
- 72.02%
- ITW
- 58.77%
- Q3
- 29.56%
- Median
- 6.41%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DE | ITW |
|---|---|---|
| Dividend Yield (TTM) | 1.03% | 2.34% |
| Dividend Payout Ratio (TTM) | 36.71% | 58.77% |
Valuation
P/E Ratio (TTM)
Both Deere (DE) at 34.72 and Illinois Tool Works (ITW) at 24.88 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
DE
Capital Goods industry group
34.72
- Max
- 89.28
- Q3
- 51.81
- DE
- 34.72
- Median
- 33.98
- Q1
- 23.50
- Min
- 6.12
ITW
Capital Goods industry group
24.88
- Max
- 89.28
- Q3
- 51.81
- Median
- 33.98
- ITW
- 24.88
- Q1
- 23.50
- Min
- 6.12
P/S Ratio (TTM)
On P/S ratio, both Deere (DE) at 3.50 and Illinois Tool Works (ITW) at 4.75 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
DE
Capital Goods industry group
3.50
- Max
- 9.89
- Q3
- 4.89
- DE
- 3.50
- Median
- 2.76
- Q1
- 1.29
- Min
- 0.04
ITW
Capital Goods industry group
4.75
- Max
- 9.89
- Q3
- 4.89
- ITW
- 4.75
- Median
- 2.76
- Q1
- 1.29
- Min
- 0.04
P/B Ratio (MRQ)
Deere (DE) at 6.04 sits near its industry’s typical P/B ratio, while Illinois Tool Works (ITW) at 23.85 prices above its benchmark range — ITW looks rich relative to book.
DE
Capital Goods industry group
6.04
- Max
- 13.55
- Q3
- 6.81
- DE
- 6.04
- Median
- 3.86
- Q1
- 2.14
- Min
- -2.32
ITW
Capital Goods industry group
23.85
- ITW
- 23.85
- Max
- 13.55
- Q3
- 6.81
- Median
- 3.86
- Q1
- 2.14
- Min
- -2.32
Valuation Metrics
| Metric | DE | ITW |
|---|---|---|
| P/E Ratio (TTM) | 34.72 | 24.88 |
| P/S Ratio (TTM) | 3.50 | 4.75 |
| P/B Ratio (MRQ) | 6.04 | 23.85 |
| Free Cash Flow Yield (TTM) | 0.66% | 2.88% |