Illinois Tool Works Inc. vs Northrop Grumman Corporation — how do they compare? Illinois Tool Works Inc. trades at $293.28 (market cap $83.49B), while Northrop Grumman Corporation trades at $574.85 (market cap $81.78B). The key difference: Illinois Tool Works Inc. and Northrop Grumman Corporation are close in size by market cap, and Illinois Tool Works Inc. pays the higher dividend (2.35%). Which is the better fit depends on your goals.
| ITW | NOC | |
|---|---|---|
Market Cap | $83.49B | $81.78B |
Sector | Industrials | Industrials |
52-Week High | $299.60 | $768.02 |
52-Week Low | $241.07 | $496.02 |
Enterprise Value | $92.34B | $95.77B |
Dividend Yield | 2.35% | 1.63% |
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 →Northrop Grumman is a defense contractor that is diversified across short-cycle and long-cycle businesses. The firm's segments include aeronautics, mission systems, defense services, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces various piloted and autonomous flight systems. Mission systems creates a variety of sensors and processors for defense hardware. The defense systems segment is a long-range missile manufacturer. Finally, the company's space systems segment produces various space structures, sensors, and satellites.
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