Illinois Tool Works Inc. vs L3Harris Technologies Inc — how do they compare? Illinois Tool Works Inc. trades at $271.88 (market cap $78.17B), while L3Harris Technologies Inc trades at $277.71 (market cap $52.27B). The key difference: Illinois Tool Works Inc. is the larger of the two by market cap, and Illinois Tool Works Inc. pays the higher dividend (2.37%). Which is the better fit depends on your goals.
| ITW | LHX | |
|---|---|---|
Market Cap | $78.17B | $52.27B |
Sector | Industrials | Industrials |
52-Week High | $299.60 | $378.48 |
52-Week Low | $241.07 | $263.09 |
Enterprise Value | $86.49B | $63.03B |
Dividend Yield | 2.37% | 1.78% |
Trailing returns across standard periods
Latest headlines on both assets
Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.
Read more on ITW →L3Harris Technologies was created in 2019 from the merger of L3 Technologies and Harris, two defense contractors that provide products for the command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) market. The firm also has smaller operations serving the civil government, particularly the Federal Aviation Administration's communication infrastructure, and produces various avionics for defense and commercial aviation.
Read more on LHX →