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Dipanjan Banchur

Is Illinois Tool Works Stock Underperforming the Dow?

Illinois ITW DOWI

Based in Glenview, Illinois, Illinois Tool Works Inc. (ITW) manufactures industrial products and equipment. Valued at $71.30 billion by market cap, the company is one of the leading manufacturers of specialized industrial equipment, consumables, and related service businesses.

Companies worth $10 billion or more are generally described as “large-cap stocks,” and ITW fits right into that category, signifying its substantial size, stability, and dominance in its industry. The company operates through seven segments: Automotive OEM, Food Equipment, Test & Measurement and Electronics, Welding, Polymers & Fluids, Construction Products, and Specialty Products.

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