BDX vs. ITW
BDX (Becton, Dickinson and Company) and ITW (Illinois Tool Works Inc.) are both stocks. BDX operates in Medical Instruments & Supplies (Healthcare), while ITW operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, BDX returned 2.97%/yr vs 11.44%/yr for ITW. At a 0.33 correlation, their price movements are largely independent.
Performance
BDX vs. ITW - Performance Comparison
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Returns By Period
In the year-to-date period, BDX achieves a -1.06% return, which is significantly lower than ITW's 3.12% return. Over the past 10 years, BDX has underperformed ITW with an annualized return of 2.97%, while ITW has yielded a comparatively higher 11.44% annualized return.
BDX
- 1D
- -0.77%
- 1M
- 0.37%
- YTD
- -1.06%
- 6M
- 1.32%
- 1Y
- 12.58%
- 3Y*
- -7.20%
- 5Y*
- -2.73%
- 10Y*
- 2.97%
ITW
- 1D
- -0.13%
- 1M
- -0.93%
- YTD
- 3.12%
- 6M
- 3.02%
- 1Y
- 4.53%
- 3Y*
- 4.47%
- 5Y*
- 4.08%
- 10Y*
- 11.44%
BDX vs. ITW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BDX Becton, Dickinson and Company | -1.06% | -12.61% | -5.38% | -2.67% | 5.08% | 1.88% | -6.75% | 22.20% | 6.61% | 31.24% |
ITW Illinois Tool Works Inc. | 3.12% | -0.43% | -0.97% | 21.56% | -8.46% | 23.60% | 16.42% | 45.60% | -22.10% | 38.92% |
Correlation
The correlation between BDX and ITW is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 1987 | 0.33 |
The correlation between BDX and ITW shifts across timeframes, from 0.33 (all time) to 0.48 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
BDX:
$3.99
ITW:
$14.33
BDX:
37.61
ITW:
17.61
BDX:
2.00
ITW:
3.40
BDX:
$21.37B
ITW:
$16.22B
BDX:
$9.93B
ITW:
$7.16B
BDX:
$4.16B
ITW:
$4.61B
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Return for Risk
BDX vs. ITW — Risk / Return Rank
BDX
ITW
BDX vs. ITW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Becton, Dickinson and Company (BDX) and Illinois Tool Works Inc. (ITW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| BDX | ITW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.06 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.56 | 0.26 | +0.29 |
| Martin ratioReturn relative to average drawdown | 1.32 | 0.59 | +0.74 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BDX | ITW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.51 | 0.22 | +0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.12 | 0.19 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.13 | 0.48 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.51 | -0.09 |
Drawdowns
BDX vs. ITW - Drawdown Comparison
The maximum BDX drawdown since its inception was -51.17%, smaller than the maximum ITW drawdown of -54.90%. Use the drawdown chart below to compare losses from any high point for BDX and ITW.
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Drawdown Indicators
| BDX | ITW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.17% | -54.90% | +3.73% |
Max Drawdown (1Y)Largest decline over 1 year | -22.73% | -17.44% | -5.29% |
Max Drawdown (3Y)Largest decline over 3 years | -40.06% | -20.63% | -19.43% |
Max Drawdown (5Y)Largest decline over 5 years | -40.06% | -28.05% | -12.01% |
Max Drawdown (10Y)Largest decline over 10 years | -40.06% | -37.85% | -2.21% |
Current DrawdownCurrent decline from peak | -29.13% | -15.22% | -13.91% |
Average DrawdownAverage peak-to-trough decline | -11.58% | -9.83% | -1.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.52% | 7.75% | +1.77% |
Volatility
BDX vs. ITW - Volatility Comparison
Becton, Dickinson and Company (BDX) has a higher volatility of 8.21% compared to Illinois Tool Works Inc. (ITW) at 3.43%. This indicates that BDX's price experiences larger fluctuations and is considered to be riskier than ITW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BDX | ITW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.21% | 3.43% | +4.78% |
Volatility (6M)Calculated over the trailing 6-month period | 18.33% | 15.75% | +2.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.03% | 20.29% | +4.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.29% | 21.07% | +2.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.58% | 23.81% | -0.23% |
Dividends
BDX vs. ITW - Dividend Comparison
BDX's dividend yield for the trailing twelve months is around 2.34%, less than ITW's 2.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDX Becton, Dickinson and Company | 2.34% | 2.15% | 1.71% | 1.51% | 1.38% | 1.34% | 1.28% | 1.14% | 1.34% | 1.37% | 1.64% | 1.60% |
ITW Illinois Tool Works Inc. | 2.51% | 2.53% | 2.29% | 2.07% | 2.30% | 1.91% | 2.17% | 2.30% | 2.81% | 1.71% | 1.96% | 2.23% |
Financials
BDX vs. ITW - Financials Comparison
This section allows you to compare key financial metrics between Becton, Dickinson and Company and Illinois Tool Works Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BDX vs. ITW - Profitability Comparison
BDX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Becton, Dickinson and Company reported a gross profit of 2.15B and revenue of 4.71B. Therefore, the gross margin over that period was 45.7%.
ITW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Illinois Tool Works Inc. reported a gross profit of 1.76B and revenue of 4.02B. Therefore, the gross margin over that period was 43.8%.
BDX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Becton, Dickinson and Company reported an operating income of 94.00M and revenue of 4.71B, resulting in an operating margin of 2.0%.
ITW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Illinois Tool Works Inc. reported an operating income of 1.02B and revenue of 4.02B, resulting in an operating margin of 25.4%.
BDX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Becton, Dickinson and Company reported a net income of -311.00M and revenue of 4.71B, resulting in a net margin of -6.6%.
ITW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Illinois Tool Works Inc. reported a net income of 768.00M and revenue of 4.02B, resulting in a net margin of 19.1%.
Frequently Asked Questions
BDX and ITW have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BDX has higher volatility (8.21%) compared to ITW (3.43%). In terms of maximum drawdown, BDX dropped -51.17% vs ITW's -54.90%.
BDX currently has the higher Sharpe Ratio (0.51 vs 0.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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