Illinois Tool Works Inc. vs Paychex, Inc. — how do they compare? Illinois Tool Works Inc. trades at $271.88 (market cap $78.17B), while Paychex, Inc. trades at $115.19 (market cap $40.98B). The key difference: Illinois Tool Works Inc. is the larger of the two by market cap, and Paychex, Inc. pays the higher dividend (4.13%). Which is the better fit depends on your goals.
| ITW | PAYX | |
|---|---|---|
Market Cap | $78.17B | $40.98B |
Sector | Industrials | Industrials |
52-Week High | $299.60 | $147.99 |
52-Week Low | $241.07 | $85.57 |
Enterprise Value | $86.49B | $44.47B |
Dividend Yield | 2.37% | 4.13% |
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 →Paychex is a leading provider of payroll, human capital management, and insurance solutions servicing small and midsize clients primarily in the United States. The company, established in 1979, services over 730,000 clients and pays over 1 in 12 U.S. private-sector workers. Alongside its traditional payroll services, Paychex offers HCM solutions such as benefits administration and time and attendance software, as well as human resources outsourcing and insurance agency services.
Read more on PAYX →