GE vs. ITW: GE Aerospace vs. Illinois Tool Works Stock Comparison
How do GE Aerospace (GE) 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
GE Aerospace (GE) and Illinois Tool Works (ITW) both fall under the Capital Goods industry group, but GE is classified in Industrial Conglomerates while ITW is classified in Machinery.
| Profile Item | GE | ITW |
|---|---|---|
| Name | General Electric Company | Illinois Tool Works Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Industrial Conglomerates | Machinery |
| GICS Sub-Industry | Industrial Conglomerates | Industrial Machinery & Supplies & Components |
| Market Capitalization | 385.54 billion USD | 77.02 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | March 13, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Performance Metrics
| Metric | GE | ITW |
|---|---|---|
| Total Return (1Y) | 47.79% | 11.24% |
Risk Profile
Drawdown History
Risk Metrics
| Metric | GE | ITW |
|---|---|---|
| Volatility (1Y, Annualized) | 31.70% | 20.78% |
| Beta (5Y) | 1.33 | 0.98 |
| Avg. Volume (3M) | 5.85M | 1.37M |
Risk-Adjusted Performance
Risk-Return Positioning
Profitability
ROE (TTM)
Both companies show strong equity returns, but Illinois Tool Works (ITW) at 96.85% is the standout with ROE above its industry range; GE Aerospace (GE) at 45.43% also sits in the top quartile.
GE
Capital Goods industry group
45.43%
- GE
- 45.43%
- Max
- 45.43%
- Q3
- 20.07%
- 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)
For every dollar of sales, both GE Aerospace (GE) at 17.86% and Illinois Tool Works (ITW) at 19.32% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
GE
Capital Goods industry group
17.86%
- Max
- 24.69%
- GE
- 17.86%
- Q3
- 11.56%
- 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 GE Aerospace (GE) at 20.21% 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.
GE
Capital Goods industry group
20.21%
- Max
- 29.84%
- GE
- 20.21%
- 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 | GE | ITW |
|---|---|---|
| ROE (TTM) | 45.43% | 96.85% |
| ROA (TTM) | 4.85% | 17.05% |
| Net Margin (TTM) | 17.86% | 19.32% |
| Operating Margin (TTM) | 20.21% | 25.67% |
| Gross Margin (TTM) | 31.15% | 44.12% |
Growth
Revenue Growth
Revenue Growth Metrics
| Metric | GE | ITW |
|---|---|---|
| Revenue Growth (YoY) | 18.48% | 0.92% |
| Revenue Growth (3Y CAGR) | 16.32% | 0.23% |
EPS Growth
EPS Growth Metrics
| Metric | GE | ITW |
|---|---|---|
| EPS Growth (YoY) | 35.89% | -10.42% |
| EPS Growth (3Y CAGR) | 446.03% | 2.40% |
Financial Strength
Current Ratio (MRQ)
Both GE Aerospace (GE) at 1.01 and Illinois Tool Works (ITW) at 1.19 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
GE
Capital Goods industry group
1.01
- Max
- 5.24
- Q3
- 2.97
- Median
- 2.11
- Q1
- 1.45
- GE
- 1.01
- 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)
Both balance sheets lean debt-heavy versus peers, but ITW is more stretched: GE Aerospace (GE) at 1.17 sits in the higher-leverage quartile and Illinois Tool Works (ITW) at 2.83 is above its industry benchmark range.
GE
Capital Goods industry group
1.17
- Max
- 2.29
- GE
- 1.17
- 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 | GE | ITW |
|---|---|---|
| Current Ratio (MRQ) | 1.01 | 1.19 |
| Debt / Equity (MRQ) | 1.17 | 2.83 |
| Net Debt / EBITDA | 0.97 | 1.76 |
Dividends
Dividend Yield (TTM)
Illinois Tool Works (ITW) at 2.34% delivers top-quartile income for its industry, while GE Aerospace (GE) at 0.42% pays a more typical yield — both are credible income propositions, ITW the richer one.
GE
Capital Goods industry group
0.42%
- Max
- 2.34%
- Q3
- 1.00%
- GE
- 0.42%
- 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)
GE Aerospace (GE) at 19.25% pays out a band-typical share of earnings, while Illinois Tool Works (ITW) at 58.77% distributes more than its industry norm — less retained, thinner cover.
GE
Capital Goods industry group
19.25%
- Max
- 72.02%
- Q3
- 29.56%
- GE
- 19.25%
- 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 | GE | ITW |
|---|---|---|
| Dividend Yield (TTM) | 0.42% | 2.34% |
| Dividend Payout Ratio (TTM) | 19.25% | 58.77% |
Valuation
P/E Ratio (TTM)
Both GE Aerospace (GE) at 45.90 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.
GE
Capital Goods industry group
45.90
- Max
- 89.28
- Q3
- 51.81
- GE
- 45.90
- 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)
Illinois Tool Works (ITW) at 4.75 is priced about in line with its industry on P/S ratio, while GE Aerospace (GE) at 7.98 sits in the pricier quartile — GE costs more per dollar of sales.
GE
Capital Goods industry group
7.98
- Max
- 9.89
- GE
- 7.98
- Q3
- 4.89
- 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)
Measured against book value, both GE Aerospace (GE) at 21.32 and Illinois Tool Works (ITW) at 23.85 look expensive — each P/B ratio sits above its industry’s benchmark range.
GE
Capital Goods industry group
21.32
- GE
- 21.32
- Max
- 13.55
- Q3
- 6.81
- 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 | GE | ITW |
|---|---|---|
| P/E Ratio (TTM) | 45.90 | 24.88 |
| P/S Ratio (TTM) | 7.98 | 4.75 |
| P/B Ratio (MRQ) | 21.32 | 23.85 |
| Free Cash Flow Yield (TTM) | 1.47% | 2.88% |