Illinois Tool Works Inc. vs Solaredge Technologies Inc — how do they compare? Illinois Tool Works Inc. trades at $271.88 (market cap $78.17B), while Solaredge Technologies Inc trades at $50.15 (market cap $2.96B). The key difference: Illinois Tool Works Inc. is far larger — about 26.4× Solaredge Technologies Inc's market cap, and Illinois Tool Works Inc. pays a 2.37% dividend while Solaredge Technologies Inc pays none. Which is the better fit depends on your goals.
| ITW | SEDG | |
|---|---|---|
Market Cap | $78.17B | $2.96B |
Sector | Industrials | Technology |
52-Week High | $299.60 | $78.51 |
52-Week Low | $241.07 | $24.42 |
Enterprise Value | $86.49B | $2.89B |
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 →SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers. Additionally, the company has nonsolar products targeting energy storage and e-mobility.
Read more on SEDG →