Illinois Tool Works Competitors and Similar CompaniesClear all

Illinois Tool Works's competitors and similar companies include Emerson, Wuerth Group, Tape Innovations and Foresight Technologies.

	Illinois Tool Works Illinois Tool Works (ITW) is a company that manufactures industrial equipment.	Emerson Emerson Electric is a company engaged in the provision of automation equipment and software.	Wuerth Group Würth Group (also known as Adolf Würth) is a company that develops, manufactures, and distributes assembly and fastening materials.	Tape Innovations Tape Innovations is a company that designs and manufactures gaskets and accessories.	Foresight Technologies Foresight Technologies is a company that manufactures machined parts and subsystems.
Founding Date	Founding Date 1912	Founding Date 1890	Founding Date 1945	Founding Date 2000	Founding Date 1995
Type	Type Public	Type Public	Type Private	Type Private	Type Private
Tags	Tags Manufacturing & Industrial machinery mechanical components metal products	Tags Technology application software automation electronic components electronics platform	Tags Manufacturing & Industrial mechanical components metal products	Tags Manufacturing & Industrial chemicals mechanical components metal products plastic polymers welding	Tags Manufacturing & Industrial machinery mechanical components metal products plastic welding
Locations	Locations Glenview, US HQ Ingleburn, AU Plovdiv, BG Markham, CA Oakville, CA Dongguan, CN Langfang, CN see more	Locations Clayton, US HQ Buenos Aires, AR Buenos Aires, AR Auburn, AU Bayswater, AU Wiener Neudorf, AT Brussel, BE see more	Locations Künzelsau, DE HQ Sauk, AL Cañuelas, AR Yerevan, AM Dandenong South, AU Böheimkirchen, AT Schwechat, AT see more	Locations Fort Worth, US HQ	Locations Tempe, US HQ George Town, MY
Employees	Employees 43,0002% decrease	Employees 71,000	Employees 88,3932% increase	Employees 333% decrease	Employees 1391% increase
Valuation ($)	Valuation ($) 76 b	Valuation ($) 62.3 b	Valuation ($) N/A	Valuation ($) N/A	Valuation ($) N/A
Financial
Revenue (est.)	Revenue (est.) $16b (FY, 2025)	Revenue (est.) $18b (FY, 2025)	Revenue (est.) €20.2b (FY, 2024)	Revenue (est.) N/A	Revenue (est.) N/A
Cost of goods	Cost of goods $9b (FY, 2025)	Cost of goods $8.5b (FY, 2025)	Cost of goods €10.7b (FY, 2024)	Cost of goods N/A	Cost of goods N/A
Gross profit	Gross profit $7.1b (FY, 2025)	Gross profit $9.5b (FY, 2025)	Gross profit €9.5b (FY, 2024)	Gross profit N/A	Gross profit N/A
Net income	Net income $3.1b (FY, 2025)	Net income $2.2b (FY, 2025)	Net income €673m (FY, 2024)	Net income N/A	Net income N/A
Operating ⚠
Backlog	Backlog $2.7b (FY, 2022)	Backlog $7.8b (FY, 2023)	Backlog N/A	Backlog N/A	Backlog N/A
Countries	Countries 51 (FY, 2023)	Countries N/A	Countries 80 (FY, 2023)	Countries N/A	Countries N/A
Divisions	Divisions 84 (FY, 2023)	Divisions N/A	Divisions 5 (FY, 2023)	Divisions N/A	Divisions N/A