ITW vs. SWK
ITW (Illinois Tool Works Inc.) and SWK (Stanley Black & Decker, Inc.) are both stocks. Both are in the Industrials sector — ITW in Specialty Industrial Machinery, SWK in Tools & Accessories. Over the past 10 years, ITW returned 11.91%/yr vs -0.15%/yr for SWK. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
ITW vs. SWK - Performance Comparison
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Returns By Period
In the year-to-date period, ITW achieves a 5.18% return, which is significantly lower than SWK's 15.04% return. Over the past 10 years, ITW has outperformed SWK with an annualized return of 11.91%, while SWK has yielded a comparatively lower -0.15% annualized return.
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%
SWK
- 1D
- 0.59%
- 1M
- 12.48%
- YTD
- 15.04%
- 6M
- 12.91%
- 1Y
- 33.97%
- 3Y*
- 1.97%
- 5Y*
- -13.22%
- 10Y*
- -0.15%
ITW vs. SWK - 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% |
SWK Stanley Black & Decker, Inc. | 15.04% | -3.17% | -15.19% | 35.55% | -58.92% | 7.28% | 9.73% | 41.18% | -28.13% | 50.50% |
Correlation
The correlation between ITW and SWK is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 1987 | 0.51 |
Over the past year, ITW and SWK have become more correlated (0.71) than their long-term average of 0.51, meaning their price movements have been converging.
Fundamentals
ITW:
$14.33
SWK:
$2.65
ITW:
17.96
SWK:
31.61
ITW:
3.47
SWK:
0.84
ITW:
$16.22B
SWK:
$15.13B
ITW:
$7.16B
SWK:
$4.52B
ITW:
$4.61B
SWK:
$1.39B
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Return for Risk
ITW vs. SWK — Risk / Return Rank
ITW
SWK
ITW vs. SWK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Illinois Tool Works Inc. (ITW) and Stanley Black & Decker, Inc. (SWK). 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 | SWK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.16 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.42 | 1.14 | -0.72 |
| Martin ratioReturn relative to average drawdown | 0.92 | 2.54 | -1.62 |
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Drawdowns
ITW vs. SWK - Drawdown Comparison
The maximum ITW drawdown since its inception was -54.90%, smaller than the maximum SWK drawdown of -71.31%. Use the drawdown chart below to compare losses from any high point for ITW and SWK.
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Drawdown Indicators
| ITW | SWK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.90% | -71.31% | +16.41% |
Max Drawdown (1Y)Largest decline over 1 year | -17.44% | -26.14% | +8.70% |
Max Drawdown (3Y)Largest decline over 3 years | -20.63% | -48.31% | +27.68% |
Max Drawdown (5Y)Largest decline over 5 years | -28.05% | -69.86% | +41.81% |
Max Drawdown (10Y)Largest decline over 10 years | -37.85% | -71.31% | +33.46% |
Current DrawdownCurrent decline from peak | -13.53% | -54.51% | +40.98% |
Average DrawdownAverage peak-to-trough decline | -9.84% | -19.46% | +9.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.95% | 11.75% | -3.80% |
Volatility
ITW vs. SWK - Volatility Comparison
The current volatility for Illinois Tool Works Inc. (ITW) is 4.87%, while Stanley Black & Decker, Inc. (SWK) has a volatility of 10.14%. This indicates that ITW experiences smaller price fluctuations and is considered to be less risky than SWK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ITW | SWK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.87% | 10.14% | -5.27% |
Volatility (6M)Calculated over the trailing 6-month period | 15.90% | 27.24% | -11.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.53% | 37.82% | -17.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.13% | 37.71% | -16.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.82% | 36.69% | -12.87% |
Dividends
ITW vs. SWK - Dividend Comparison
ITW's dividend yield for the trailing twelve months is around 2.46%, less than SWK's 3.97% yield.
| 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% |
SWK Stanley Black & Decker, Inc. | 3.97% | 4.44% | 4.06% | 3.28% | 4.23% | 1.58% | 1.56% | 1.63% | 2.15% | 1.43% | 1.97% | 2.01% |
Financials
ITW vs. SWK - Financials Comparison
This section allows you to compare key financial metrics between Illinois Tool Works Inc. and Stanley Black & Decker, 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
ITW vs. SWK - Profitability Comparison
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%.
SWK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Stanley Black & Decker, Inc. reported a gross profit of 1.22B and revenue of 3.68B. Therefore, the gross margin over that period was 33.2%.
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%.
SWK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Stanley Black & Decker, Inc. reported an operating income of 366.80M and revenue of 3.68B, resulting in an operating margin of 10.0%.
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%.
SWK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Stanley Black & Decker, Inc. reported a net income of 158.20M and revenue of 3.68B, resulting in a net margin of 4.3%.
Frequently Asked Questions
ITW and SWK have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SWK has higher volatility (10.14%) compared to ITW (4.87%). In terms of maximum drawdown, ITW dropped -54.90% vs SWK's -71.31%.
SWK currently has the higher Sharpe Ratio (0.79 vs 0.36), 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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