ETN vs ITW

Eaton Corporation and Illinois Tool Works, both Industrials

Eaton Corporation is the larger company at $164B against $76B. On trailing earnings ITW is the cheaper of the two at a P/E of 25.9 against 42.7, a gap that is only a bargain if the two are growing at similar rates. Over the past year ETN returned +19% against +13% for ITW. Ryufin's sector-relative Smart Score puts ITW ahead, 8/10 against 7/10.

Eaton Corporation and Illinois Tool Workscompared on valuation, return and Ryufin’s Smart Score
FigureETNITW
Last close$420$286
Market cap$164B$76B
Trailing P/Elower is cheaper for the same earnings, not automatically better42.725.9
Dividend yield1.0%2.2%
1-year return+19%+13%
5-year return+187%+41%
Ryufin Smart Scoresector-relative, 1–107/108/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Eaton Corporation

Revenue of $8.5B in Q2 2026, net income $821M. Its largest reported line is Electrical Global, 42% of the disclosed total.

Illinois Tool Works

Revenue of $4.3B in Q2 2026, net income $815M. Its largest reported line is Automotive OEM, 20% of the disclosed total.

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