ITW vs. MAIR: Illinois Tool Works vs. Madison Air Stock Comparison

Company Profile

Illinois Tool Works (ITW) and Madison Air (MAIR) both fall under the Capital Goods industry group, but ITW is classified in Machinery while MAIR is classified in Building Products.

Illinois Tool Works (ITW) has been public since March 13, 1973, giving it decades of market history across multiple cycles, while Madison Air (MAIR) listed only on April 16, 2026 and lacks comparable through-cycle data.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Both ITW and MAIR need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

Capital efficiency shows on one side only: Illinois Tool Works (ITW) earns 101.65% on shareholders’ equity, ranked against its industry; Madison Air (MAIR) has no ROE this period.

Illinois Tool Works (ITW) at 19.39% retains a top-quartile share of revenue as profit, ahead of Madison Air (MAIR) at 3.73%, which keeps about the industry-typical share.

Both Illinois Tool Works (ITW) at 28.05% and Madison Air (MAIR) at 19.76% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

Profitability Metrics

Growth

Madison Air (MAIR) at 34.07% sits in the top revenue growth quartile, while Illinois Tool Works (ITW) at 0.92% is in the bottom quartile, showing a clear gap in revenue momentum.

Both Illinois Tool Works (ITW) at -10.42% and Madison Air (MAIR) at -2.32% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Growth Metrics

Financial Strength

Madison Air (MAIR) at 1.82 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.

Madison Air (MAIR) at 0.87 is near its industry mid-range for debt-to-equity ratio, while Illinois Tool Works (ITW) at 2.98 sits above its benchmark range, pointing to a heavier debt load relative to equity.

Financial Strength Metrics

Dividends

Madison Air (MAIR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Illinois Tool Works (ITW) reports a yield of 2.29%, ranking against industry peers normally.

Madison Air (MAIR) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Illinois Tool Works (ITW) reports a payout of 58.43%, ranking against industry peers normally.

Dividend Metrics

Valuation

Illinois Tool Works (ITW) at 25.06 is near its industry’s usual P/E ratio, while Madison Air (MAIR) at 164.57 sits above its peer range — an unusually expensive price for MAIR’s trailing earnings.

Madison Air (MAIR) at 3.09 is priced about in line with its industry on P/S ratio, while Illinois Tool Works (ITW) at 4.80 sits in the pricier quartile — ITW costs more per dollar of sales.

Madison Air (MAIR) at 3.17 sits near its industry’s typical P/B ratio, while Illinois Tool Works (ITW) at 25.42 prices above its benchmark range — ITW looks rich relative to book.

Valuation Metrics