Illinois Tool Works Inc. vs Microchip Technology Inc. — how do they compare? Illinois Tool Works Inc. trades at $293.7 (market cap $83.49B), while Microchip Technology Inc. trades at $82.18 (market cap $43.99B). 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 (2.35%). Which is the better fit depends on your goals.
| ITW | MCHP | |
|---|---|---|
Market Cap | $83.49B | $43.99B |
Sector | Industrials | Technology |
52-Week High | $299.60 | $102.97 |
52-Week Low | $241.07 | $49.02 |
Enterprise Value | $92.34B | $49.12B |
Dividend Yield | 2.35% | 2.25% |
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 →Microchip became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
Read more on MCHP →