Illinois Tool Works Inc. vs Synopsys, Inc. — how do they compare? Illinois Tool Works Inc. trades at $293.28 (market cap $83.49B), while Synopsys, Inc. trades at $410.9 (market cap $78.68B). The key difference: Illinois Tool Works Inc. and Synopsys, Inc. are close in size by market cap, and Illinois Tool Works Inc. pays a 2.35% dividend while Synopsys, Inc. pays none. Which is the better fit depends on your goals.
| ITW | SNPS | |
|---|---|---|
Market Cap | $83.49B | $78.68B |
Sector | Industrials | Technology |
52-Week High | $299.60 | $625.80 |
52-Week Low | $241.07 | $372.33 |
Enterprise Value | $92.34B | $87.04B |
Dividend Yield | 2.35% | — |
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 →Synopsys is a provider of electronic design automation software, intellectual property, and software integrity products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. The firm's growing SI business allows customers to continuously manage and test the code base for security and quality. Synopsys' comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.
Read more on SNPS →