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GEV vs. ITW: GE Vernova vs. Illinois Tool Works Stock Comparison

How do GE Vernova (GEV) 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 Vernova (GEV) and Illinois Tool Works (ITW) both fall under the Capital Goods industry group, but GEV is classified in Electrical Equipment while ITW is classified in Machinery.

Illinois Tool Works (ITW) carries decades of public-market history since March 13, 1973, while GE Vernova (GEV) listed on March 27, 2024 — long-window comparisons have far more historical data on the ITW side.

Company profile comparison for GE Vernova (GEV) and Illinois Tool Works (ITW)
Profile ItemGEVITW
NameGE Vernova Inc.Illinois Tool Works Inc.
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryElectrical EquipmentMachinery
GICS Sub-IndustryHeavy Electrical EquipmentIndustrial Machinery & Supplies & Components
Market Capitalization280.86 billion USD77.02 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 27, 2024March 13, 1973
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

GEV
ITW
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GE Vernova (GEV) vs. Illinois Tool Works (ITW): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for GE Vernova (GEV) and Illinois Tool Works (ITW). Returns over one year are annualized.

Performance Metrics

Price performance metrics for GE Vernova (GEV) and Illinois Tool Works (ITW)
MetricGEVITW
Total Return (1Y)106.78%11.24%

Risk Profile

Drawdown History

GEV
ITW
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GE Vernova (GEV) vs. Illinois Tool Works (ITW): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk Metrics

Risk profile metrics for GE Vernova (GEV) and Illinois Tool Works (ITW)
MetricGEVITW
Volatility (1Y, Annualized)50.84%20.78%
Beta (5Y)0.990.98
Avg. Volume (3M)2.71M1.37M

Risk-Adjusted Performance

Risk-Return Positioning

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GEV and ITW are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Profitability

ROE (TTM)

Both GE Vernova (GEV) at 75.71% and Illinois Tool Works (ITW) at 96.85% turn shareholders’ equity into profit at rates above their industry benchmark ranges for ROE. That is a strong capital-efficiency signal, though leverage and the equity base still matter.

GEV

Capital Goods industry group

75.71%

GEV
75.71%
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%
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GE Vernova (GEV) vs. Illinois Tool Works (ITW): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both GE Vernova (GEV) at 23.81% 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.

GEV

Capital Goods industry group

23.81%

Max
24.69%
GEV
23.81%
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%
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GE Vernova (GEV) vs. Illinois Tool Works (ITW): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Illinois Tool Works (ITW) at 25.67% operates in the top operating margin quartile, ahead of GE Vernova (GEV) at 5.46%, which runs around its industry’s norm.

GEV

Capital Goods industry group

5.46%

Max
29.84%
Q3
15.92%
Median
8.27%
GEV
5.46%
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%
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GE Vernova (GEV) vs. Illinois Tool Works (ITW): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for GE Vernova (GEV) and Illinois Tool Works (ITW)
MetricGEVITW
ROE (TTM)75.71%96.85%
ROA (TTM)2.38%17.05%
Net Margin (TTM)23.81%19.32%
Operating Margin (TTM)5.46%25.67%
Gross Margin (TTM)20.28%44.12%

Growth

Revenue Growth

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GE Vernova (GEV) vs. Illinois Tool Works (ITW): A comparison of their Revenue Growth across different time periods.

Revenue Growth Metrics

Revenue growth metrics for GE Vernova (GEV) and Illinois Tool Works (ITW)
MetricGEVITW
Revenue Growth (YoY)8.97%0.92%
Revenue Growth (3Y CAGR)8.68%0.23%

EPS Growth

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GE Vernova (GEV) vs. Illinois Tool Works (ITW): A comparison of their EPS Growth across different time periods.

EPS Growth Metrics

EPS growth metrics for GE Vernova (GEV) and Illinois Tool Works (ITW)
MetricGEVITW
EPS Growth (YoY)217.03%-10.42%
EPS Growth (3Y CAGR)--2.40%

Financial Strength

Current Ratio (MRQ)

Both GE Vernova (GEV) at 0.89 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.

GEV

Capital Goods industry group

0.89

Max
5.24
Q3
2.97
Median
2.11
Q1
1.45
GEV
0.89
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
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GE Vernova (GEV) vs. Illinois Tool Works (ITW): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

GE Vernova (GEV) at 0.25 keeps leverage in the lower quartile, while Illinois Tool Works (ITW) at 2.83 is above its industry debt-to-equity ratio range.

GEV

Capital Goods industry group

0.25

Max
2.29
Q3
1.08
Median
0.62
Q1
0.28
GEV
0.25
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
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GE Vernova (GEV) vs. Illinois Tool Works (ITW): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for GE Vernova (GEV) and Illinois Tool Works (ITW)
MetricGEVITW
Current Ratio (MRQ)0.891.19
Debt / Equity (MRQ)0.252.83
Net Debt / EBITDA-1.761.76

Dividends

Dividend Yield (TTM)

Illinois Tool Works (ITW) at 2.34% delivers top-quartile income for its industry, while GE Vernova (GEV) at 0.14% pays a more typical yield — both are credible income propositions, ITW the richer one.

GEV

Capital Goods industry group

0.14%

Max
2.34%
Q3
1.00%
Median
0.15%
GEV
0.14%
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%
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GE Vernova (GEV) vs. Illinois Tool Works (ITW): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

GE Vernova (GEV) at 5.11% 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.

GEV

Capital Goods industry group

5.11%

Max
72.02%
Q3
29.56%
Median
6.41%
GEV
5.11%
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%
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GE Vernova (GEV) vs. Illinois Tool Works (ITW): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for GE Vernova (GEV) and Illinois Tool Works (ITW)
MetricGEVITW
Dividend Yield (TTM)0.14%2.34%
Dividend Payout Ratio (TTM)5.11%58.77%

Valuation

P/E Ratio (TTM)

Both GE Vernova (GEV) at 30.58 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.

GEV

Capital Goods industry group

30.58

Max
89.28
Q3
51.81
Median
33.98
GEV
30.58
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
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GE Vernova (GEV) vs. Illinois Tool Works (ITW): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

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 Vernova (GEV) at 7.13 sits in the pricier quartile — GEV costs more per dollar of sales.

GEV

Capital Goods industry group

7.13

Max
9.89
GEV
7.13
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
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GE Vernova (GEV) vs. Illinois Tool Works (ITW): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Measured against book value, both GE Vernova (GEV) at 20.17 and Illinois Tool Works (ITW) at 23.85 look expensive — each P/B ratio sits above its industry’s benchmark range.

GEV

Capital Goods industry group

20.17

GEV
20.17
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
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GE Vernova (GEV) vs. Illinois Tool Works (ITW): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for GE Vernova (GEV) and Illinois Tool Works (ITW)
MetricGEVITW
P/E Ratio (TTM)30.5824.88
P/S Ratio (TTM)7.134.75
P/B Ratio (MRQ)20.1723.85
Free Cash Flow Yield (TTM)3.32%2.88%