ITW vs. MLI: Illinois Tool Works vs. Mueller Industries Stock Comparison
How do Illinois Tool Works (ITW) and Mueller Industries (MLI) 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
Illinois Tool Works (ITW) and Mueller Industries (MLI) are both classified in the Industrial Machinery & Supplies & Components sub-industry within the broader Machinery industry, placing them in the closest GICS peer bucket.
| Profile Item | ITW | MLI |
|---|---|---|
| Name | Illinois Tool Works Inc. | Mueller Industries, 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 | Industrial Machinery & Supplies & Components | Industrial Machinery & Supplies & Components |
| Market Capitalization | 79.85 billion USD | 11.54 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 13, 1973 | February 25, 1991 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ITW | MLI |
|---|---|---|
| Total Return (1Y) | 20.29% | 3.68% |
| Total Return (3Y, Annualized) | 10.62% | 44.56% |
| Total Return (5Y, Annualized) | 6.67% | 32.39% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ITW | MLI |
|---|---|---|
| Volatility (1Y, Annualized) | 22.16% | 34.44% |
| Beta (5Y) | 0.91 | 1.01 |
| Max Drawdown (5Y) | -28.05% | -27.79% |
| Avg. Volume (3M) | 1.27M | 1.61M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ITW | MLI |
|---|---|---|
| Sharpe Ratio (1Y) | 0.72 | -0.02 |
| Sortino Ratio (1Y) | 1.12 | -0.02 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Illinois Tool Works (ITW) at 101.65% is the standout with ROE above its industry range; Mueller Industries (MLI) at 26.26% also sits in the top quartile.
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%
MLI
Capital Goods industry group
26.26%
- Max
- 40.55%
- MLI
- 26.26%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both Illinois Tool Works (ITW) at 19.39% and Mueller Industries (MLI) at 17.27% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
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%
MLI
Capital Goods industry group
17.27%
- Max
- 27.47%
- MLI
- 17.27%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Illinois Tool Works (ITW) at 28.05% and Mueller Industries (MLI) at 19.53% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
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%
MLI
Capital Goods industry group
19.53%
- Max
- 36.60%
- MLI
- 19.53%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | ITW | MLI |
|---|---|---|
| ROE (TTM) | 101.65% | 26.26% |
| ROA (TTM) | 17.13% | 16.23% |
| Net Margin (TTM) | 19.39% | 17.27% |
| Operating Margin (TTM) | 28.05% | 19.53% |
| Gross Margin (TTM) | 44.32% | 27.25% |
Growth
Revenue Growth
Mueller Industries (MLI) at 10.87% is around its peer norm for revenue growth, while Illinois Tool Works (ITW) at 0.92% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both Illinois Tool Works (ITW) at -10.42% and Mueller Industries (MLI) at 29.19% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | ITW | MLI |
|---|---|---|
| Revenue Growth (YoY) | 0.92% | 10.87% |
| Revenue Growth (3Y CAGR) | 0.23% | 1.62% |
| EPS Growth (YoY) | -10.42% | 29.19% |
| EPS Growth (3Y CAGR) | 2.40% | 5.63% |
Financial Strength
Current Ratio (MRQ)
Mueller Industries (MLI) at 4.39 carries current ratio above its industry’s typical mid-range, while Illinois Tool Works (ITW) at 1.29 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
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
MLI
Capital Goods industry group
4.39
- Max
- 5.22
- MLI
- 4.39
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Mueller Industries (MLI) at 0.01 keeps leverage in the lower quartile, while Illinois Tool Works (ITW) at 2.98 is above its industry debt-to-equity ratio range.
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
MLI
Capital Goods industry group
0.01
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- MLI
- 0.01
- Min
- 0.00
Financial Strength Metrics
| Metric | ITW | MLI |
|---|---|---|
| Current Ratio (MRQ) | 1.29 | 4.39 |
| Debt / Equity (MRQ) | 2.98 | 0.01 |
| Net Debt / EBITDA | 1.76 | -1.31 |
Dividends
Dividend Yield (TTM)
Both Illinois Tool Works (ITW) at 2.29% and Mueller Industries (MLI) at 1.24% offer top-quartile dividend income relative to share price within their industries.
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%
MLI
Capital Goods industry group
1.24%
- Max
- 2.66%
- MLI
- 1.24%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Mueller Industries (MLI) at 16.67% pays out a band-typical share of earnings, while Illinois Tool Works (ITW) at 58.43% distributes more than its industry norm — less retained, thinner cover.
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%
MLI
Capital Goods industry group
16.67%
- Max
- 67.39%
- Q3
- 28.02%
- MLI
- 16.67%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ITW | MLI |
|---|---|---|
| Dividend Yield (TTM) | 2.29% | 1.24% |
| Dividend Payout Ratio (TTM) | 58.43% | 16.67% |
Valuation
P/E Ratio (TTM)
Mueller Industries (MLI) at 13.58 sits in the cheaper P/E ratio quartile, while Illinois Tool Works (ITW) at 25.06 is closer to its industry’s usual earnings multiple — a discount for MLI, though growth and earnings durability still matter.
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
MLI
Capital Goods industry group
13.58
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- MLI
- 13.58
- Min
- 3.03
P/S Ratio (TTM)
Mueller Industries (MLI) at 2.31 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.
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
MLI
Capital Goods industry group
2.31
- Max
- 7.54
- Q3
- 3.76
- MLI
- 2.31
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Mueller Industries (MLI) at 0.33 sits in the lower P/B ratio quartile relative to book while Illinois Tool Works (ITW) at 25.42 prices above its industry range — a wide valuation gap against assets.
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
MLI
Capital Goods industry group
0.33
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- MLI
- 0.33
- Min
- -1.08
Valuation Metrics
| Metric | ITW | MLI |
|---|---|---|
| P/E Ratio (TTM) | 25.06 | 13.58 |
| P/S Ratio (TTM) | 4.80 | 2.31 |
| P/B Ratio (MRQ) | 25.42 | 0.33 |
| Free Cash Flow Yield (TTM) | 2.89% | 4.65% |