Deere (DE) vs Illinois Tool Works (ITW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Deere (DE) has outperformed Illinois Tool Works (ITW) over the past year, gaining 42.3% versus a gain of 2.1%. Over five years, DE leads with a +97.4% price change compared with +16.9% for ITW. Deere is the larger company by market cap ($177.11 billion vs $74.38 billion), about 2.4 times the size, while Illinois Tool Works is growing revenue faster (+0.9% vs -11.7%).
On valuation, Illinois Tool Works trades at a lower forward P/E (21.1x vs 28.9x for Deere). Illinois Tool Works offers the higher dividend yield (2.47% vs 0.99%). Illinois Tool Works converts more of its revenue into profit, with a net margin of 19.1% versus 11.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DE | ITW |
|---|---|---|
| Share price | $656.87 | $261.15 |
| Market cap | $177.11B | $74.38B |
| 1-day change | -3.80% | -2.24% |
| YTD return | +41.09% | +6.03% |
| 1-year return | +42.33% | +2.11% |
| 5-year return | +97.40% | +16.86% |
| P/E ratio (TTM) | 36.51 | 23.68 |
| Forward P/E | 28.92 | 21.09 |
| EPS (TTM) | $17.99 | $11.03 |
| Dividend yield | 0.99% | 2.47% |
| Annual dividend | $6.48 | $6.44 |
| Revenue (latest FY) | $45.68B | $16.04B |
| Revenue growth (YoY) | -11.66% | +0.92% |
| Net income (latest FY) | $5.03B | $3.07B |
| Gross margin | — | 52.90% |
| Operating margin | — | 26.28% |
| Net margin | 11.00% | 19.11% |
| 52-week high | $721.22 | $303.16 |
| 52-week low | $433.00 | $238.82 |
| Distance from 52-week high | -8.92% | -13.86% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +5.32% | +14.80% |
| Average volume | 1.20M | 1.31M |
| Shares outstanding | 269.63M | 284.80M |
| Employees | 73,100 | 43,000 |
| Sector | Industrials | Industrials |
| Industry | Industrial Machinery/Components | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Deere is about 2.4 times larger than Illinois Tool Works by market value ($177.11B vs $74.38B).
- DE has outperformed ITW by 40.2 percentage points over the past year.
- Deere trades at a higher earnings multiple (36.5x vs 23.7x trailing P/E).
- Illinois Tool Works offers a meaningfully higher dividend yield (2.47% vs 0.99%).
- Illinois Tool Works is more profitable, keeping 19.1 cents of every revenue dollar as net income versus 11.0 cents for Deere.
- Illinois Tool Works grew revenue faster in its latest fiscal year (+0.92% vs -11.66%).
About Deere
DE stock →Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services.
Industrials · Industrial Machinery/Components · 73,100 employees
About Illinois Tool Works
ITW stock →Illinois Tool Works Inc. provides industrial products and equipment in North America, Europe, the Middle East, Africa, the Asia Pacific, and South America.
Industrials · Industrial Machinery/Components · 43,000 employees
DE vs ITW FAQ
Which is bigger, Deere or Illinois Tool Works?
Deere (DE) is larger, with a market capitalization of $177.11B compared with $74.38B for Illinois Tool Works (ITW).
Which stock has performed better over the past year, DE or ITW?
DE returned +42.33% over the past 12 months, compared with +2.11% for ITW (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DE or ITW?
ITW has the lower trailing P/E at 23.7, versus 36.5 for DE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Deere or Illinois Tool Works?
Illinois Tool Works has the higher yield at 2.47%, compared with 0.99% for Deere.
Are Deere and Illinois Tool Works in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.