ITW vs. SKX

Last updated Jun 13, 2026

ITW (Illinois Tool Works Inc.) and SKX (Skechers U.S.A., Inc.) are both stocks. ITW operates in Specialty Industrial Machinery (Industrials), while SKX operates in Footwear & Accessories (Consumer Cyclical). At a 0.34 correlation, their price movements are largely independent.

Performance

ITW vs. SKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Illinois Tool Works Inc. (ITW) and Skechers U.S.A., Inc. (SKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ITW

• 1D: 1.17%
• 1M: 3.94%
• YTD: 5.18%
• 6M: 1.05%
• 1Y: 9.30%
• 3Y*: 4.14%
• 5Y*: 4.45%
• 10Y*: 11.91%

SKX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ITW vs. SKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ITW Illinois Tool Works Inc.	5.18%	-0.43%	-0.97%	21.56%	-8.46%	23.60%	16.42%	45.60%	-22.10%	38.92%
SKX Skechers U.S.A., Inc.	0.00%	-6.11%	7.86%	48.61%	-3.34%	20.76%	-16.79%	88.69%	-39.51%	53.95%

Correlation

The correlation between ITW and SKX is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jun 9, 1999	0.34

Over the past year, the correlation between ITW and SKX has dropped to 0.07 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.

Fundamentals

EPS ITW : $14.33 SKX : $4.40
PE Ratio ITW : 17.96 SKX : 14.35
PEG Ratio ITW : 2.98 SKX : 0.09
PS Ratio ITW : 3.47 SKX : 1.01
Total Revenue (TTM) ITW : $16.22B SKX : $9.41B
Gross Profit (TTM) ITW : $7.16B SKX : $4.96B
EBITDA (TTM) ITW : $4.61B SKX : $1.07B

Return for Risk

ITW vs. SKX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ITW

ITW Risk / Return Rank: 51
ITW Sharpe Ratio Rank: 55
ITW Sortino Ratio Rank: 48
ITW Omega Ratio Rank: 47
ITW Calmar Ratio Rank: 53
ITW Martin Ratio Rank: 54

SKX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ITW vs. SKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Illinois Tool Works Inc. (ITW) and Skechers U.S.A., Inc. (SKX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ITW	SKX	Difference
Sharpe ratio: Return per unit of total volatility	0.36	—	—
Sortino ratio: Return per unit of downside risk	0.67	—	—
Omega ratio: Gain probability vs. loss probability	1.08	—	—
Calmar ratio: Return relative to maximum drawdown	0.42	—	—
Martin ratio: Return relative to average drawdown	0.92	—	—

Drawdowns

Drawdown Indicators

	ITW	SKX	Difference
Max Drawdown Largest peak-to-trough decline	-54.90%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-17.44%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.63%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.05%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.85%	—	—
Current Drawdown Current decline from peak	-13.53%	—	—
Average Drawdown Average peak-to-trough decline	-9.84%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	7.95%	—	—

Volatility

Volatility by Period

	ITW	SKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.87%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.53%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.13%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.82%	—	—

Dividends

ITW vs. SKX - Dividend Comparison

ITW's dividend yield for the trailing twelve months is around 2.46%, while SKX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ITW Illinois Tool Works Inc.	2.46%	2.53%	2.29%	2.07%	2.30%	1.91%	2.17%	2.30%	2.81%	1.71%	1.96%	2.23%
SKX Skechers U.S.A., Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

ITW vs. SKX - Profitability Comparison

The chart below illustrates the profitability comparison between Illinois Tool Works Inc. and Skechers U.S.A., Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

SKX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported a gross profit of 1.30B and revenue of 2.44B. Therefore, the gross margin over that period was 53.3%.

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%.

SKX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported an operating income of 173.08M and revenue of 2.44B, resulting in an operating margin of 7.1%.

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%.

SKX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported a net income of 170.50M and revenue of 2.44B, resulting in a net margin of 7.0%.

Frequently Asked Questions

Can I hold both ITW and SKX in my portfolio?

ITW and SKX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.