Illinois Tool Works Inc. vs Snowflake Inc — how do they compare? Illinois Tool Works Inc. trades at $293.28 (market cap $83.88B), while Snowflake Inc trades at $332.66 (market cap $116.01B). The key difference: Snowflake Inc is the larger of the two by market cap, and Illinois Tool Works Inc. pays a 2.34% dividend while Snowflake Inc pays none. Which is the better fit depends on your goals.
| ITW | SNOW | |
|---|---|---|
Market Cap | $83.88B | $116.01B |
Sector | Industrials | Technology |
52-Week High | $299.60 | $334.70 |
52-Week Low | $241.07 | $121.11 |
Enterprise Value | $92.73B | $115.82B |
Dividend Yield | 2.34% | — |
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 →Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
Read more on SNOW →