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Illinois Tool Works vs Nordson: Which Stock Looks Stronger in 2026?

Illinois Tool Works holds the cleaner structural position, with profitability as the main driver and stability adding further support. Nordson does not offset that deficit through any equally strong structural edge elsewhere. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-08-16

This is not just a one-metric split: both profitability and stability materially support the lead. The overall score gap is 19 points in favour of Illinois Tool Works Inc..

INDUSTRY COMPARISON

Both operate in: Specialty Industrial Machinery

This comparison is based on industry proximity, not on functional trajectory similarity. ITW and NDSN share the same industry classification.

For a similarity-based comparison, see how Illinois Tool Works and Nordson each position within their functional peer groups in AssetNext.

Peer-Relative Score
ITW
Illinois Tool Works Inc.
65
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
NDSN
Nordson Corporation
46
Peer-Score
Signal qualitylow
Peer basis: S&P 500

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: ITW vs NDSN Profitability 77 43 Stability 68 50 Valuation 65 55 Growth 44 35 ITW NDSN
Gap Ranking
#1 Profitability +34
#2 Stability +18
#3 Valuation +10
#4 Growth +9
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ITW and NDSN Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ITWNDSN Relative valuation Structural strength

Illinois Tool Works Inc. looks stronger both structurally and on relative valuation.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where ITW and NDSN each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY ITW Elevated · above norm 0th 50th 100th 0 pct gap NDSN Elevated · above norm 0th 50th 100th 99th 99th
ITW (99th percentile) and NDSN (99th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
Both rank well on profitability, but Illinois Tool Works Inc. still holds a clear edge.
Stability
On stability, the edge still sits with Illinois Tool Works Inc., even though both profiles look solid.
Profitability — Dominant Gap
ITW
77
NDSN
43
Gap+34in favour of ITW

Capital efficiency adds support, with a 16.8-point ROIC advantage.

What keeps the gap from being one-sided

Nordson Corporation still carries lower volatility exposure — that difference is real enough to prevent the comparison from becoming one-sided.

What this means for the comparison

Profitability is the clearest driver, and stability also supports Illinois Tool Works Inc.'s broader structural position.

Explore full peer positioning in AssetNext

Break down the ITW vs NDSN comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-and-stability comparisons

Explore how ITW and NDSN each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.