Illinois Tool Works Inc. vs SoFi Technologies Inc — how do they compare? Illinois Tool Works Inc. trades at $271.88 (market cap $78.17B), while SoFi Technologies Inc trades at $17.62 (market cap $21.82B). The key difference: Illinois Tool Works Inc. is far larger — about 3.6× SoFi Technologies Inc's market cap, and Illinois Tool Works Inc. pays a 2.37% dividend while SoFi Technologies Inc pays none. Which is the better fit depends on your goals.
| ITW | SOFI | |
|---|---|---|
Market Cap | $78.17B | $21.82B |
Sector | Industrials | Financials |
52-Week High | $299.60 | $32.21 |
52-Week Low | $241.07 | $15.15 |
Enterprise Value | $86.49B | — |
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 →SoFi is a financial services company that was founded in 2011 and is currently based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020 the company also offers payment and account services for debit cards and digital banking.
Read more on SOFI →