Illinois Tool Works Inc. vs Remitly Global Inc — how do they compare? Illinois Tool Works Inc. trades at $273.41 (market cap $78.17B), while Remitly Global Inc trades at $23.78 (market cap $5.02B). The key difference: Illinois Tool Works Inc. is far larger — about 15.6× Remitly Global Inc's market cap, and Illinois Tool Works Inc. pays a 2.37% dividend while Remitly Global Inc pays none. Which is the better fit depends on your goals.
| ITW | RELY | |
|---|---|---|
Market Cap | $78.17B | $5.02B |
Sector | Industrials | Technology |
52-Week High | $299.60 | $25.23 |
52-Week Low | $241.07 | $12.20 |
Enterprise Value | $86.49B | $4.41B |
Dividend Yield | 2.37% | — |
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 →Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. Its revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
Read more on RELY →