W.W. GRAINGER, INC. GWW

Industrials SIC 5000 - Wholesale-Durable Goods NAICS Wholesale Trade › Merchant Wholesalers, Durable Goods derived NYSE

W.W. Grainger, Inc., incorporated in the State of Illinois in 1928, is a broad line, distributor of maintenance, repair and operating (MRO) products and services with operations primarily in North America, Japan and the United Kingdom (U.K.). In the fourth quarter of 2025, Grainger exited the U.K. market by completing the sale of the Cromwell business and closing the Zoro U.K. business. In this report, the words "Grainger" or "Company" mean W.W. Grainger, Inc. and its subsidiaries, except where the context makes it clear that the reference is only to W.W. Grainger, Inc. itself and not its subsidiaries.

For financial information regarding the Company, see the Consolidated Financial Statements and Notes included in Part II, Item 8: Financial Statements and Supplementary Data of this Form 10-K.

Last close 1,349.90 2026-10-23
Market cap $63.58B 2026-06-30 share count
52-week range 906.52 - 1,419.91

Valuation FY2025 figures against the last close

P/S3.5x
P/E38.1x
P/FCF47.8x
EV/EBITDA23.2x
Dividend yield0.7%
Diluted EPS35.40

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $17.94B$17.17B$16.48B$15.23B$13.02B$11.80B$11.49B$11.22B$10.43B$10.14B
Cost of revenue $10.93B$10.41B$9.98B$9.38B$8.30B$7.56B$7.09B$6.87B$6.33B$6.02B
Gross profit $7.01B$6.76B$6.50B$5.85B$4.72B$4.24B$4.40B$4.35B$4.10B$4.12B
SG&A $4.51B$4.12B$3.93B$3.63B$3.17B$3.22B$3.13B$3.19B$3.06B$3.00B
Operating income $2.50B$2.64B$2.56B$2.21B$1.55B$1.02B$1.26B$1.16B$1.03B$1.11B
Interest expense $81.0M$77.0M$93.0M$93.0M$87.0M$93.0M$79.0M$82.0M$86.0M$76.0M
Pre-tax income $2.43B$2.58B$2.50B$2.15B$1.49B$947.0M$1.21B$1.08B$936.0M$1.02B
Income tax $622.0M$595.0M$597.0M$533.0M$371.0M$192.0M$314.0M$258.0M$313.0M$386.0M
Net income $1.71B$1.91B$1.83B$1.55B$1.04B$695.0M$849.0M$782.0M$586.0M$606.0M
EPS, basic 35.4738.8436.3930.2219.9412.8815.3913.8210.079.94
EPS, diluted 35.4038.7136.2330.0619.8412.8215.3213.7310.029.87
Shares, diluted (wtd. avg.) 48.0M49.0M50.1M51.1M52.2M53.7M54.9M56.5M58.0M60.8M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $585.0M$1.04B$660.0M$325.0M$241.0M$585.0M$360.0M$538.0M$327.0M$274.0M
Receivables $2.33B$2.23B$2.19B$2.13B$1.75B$1.47B$1.43B$1.39B$1.32B$1.22B
Inventory $2.39B$2.31B$2.27B$2.25B$1.87B$1.73B$1.66B$1.54B$1.43B$1.41B
Total current assets $5.48B$5.74B$5.27B$4.98B$4.01B$3.92B$3.56B$3.56B$3.21B$3.02B
Property, plant and equipment $2.27B$1.93B$1.66B$1.46B$1.42B$1.40B$1.40B$1.35B$1.39B$1.42B
Goodwill $360.0M$355.0M$370.0M$371.0M$384.0M$391.0M$429.0M$424.0M$544.0M$527.0M
Other intangibles $265.0M$243.0M$234.0M$232.0M$238.0M$228.0M$304.0M$460.0M$569.0M$586.1M
Total assets $8.96B$8.83B$8.15B$7.59B$6.59B$6.29B$6.00B$5.87B$5.80B$5.69B
Short-term debt $126.0M$499.0M$34.0M$35.0M$0$8.0M$246.0M$81.0M$39.0M$20.0M
Total current liabilities $1.94B$2.31B$1.83B$2.01B$1.53B$1.44B$1.68B$1.50B$1.51B$1.63B
Long-term debt $2.36B$2.28B$2.27B$2.28B$2.36B$2.39B$1.91B$2.09B$2.25B$1.84B
Retained earnings $14.96B$13.68B$12.16B$10.70B$9.50B$8.78B$8.40B$7.87B$7.41B$7.11B
Total equity $3.74B$3.36B$3.44B$2.73B$2.16B$2.09B$2.06B$2.09B$1.83B$1.91B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $2.02B$2.11B$2.03B$1.33B$937.0M$1.12B$1.04B$1.06B$1.06B$1.02B
Depreciation and amortisation $330.0M$311.0M$277.0M$206.0M$173.0M$169.0M$210.0M$162.0M$170.0M$166.0M
Stock-based compensation $64.0M$62.0M$62.0M$48.0M$42.0M$46.0M$40.0M$47.0M$33.0M$36.0M
Capital expenditure $684.0M$541.0M$445.0M$256.0M$255.0M$197.0M$221.0M$239.0M$237.0M$284.0M
Investing cash flow -$645.0M-$520.0M-$422.0M-$263.0M-$226.0M-$179.0M-$202.0M-$166.0M-$146.0M-$262.0M
Financing cash flow -$1.82B-$1.18B-$1.28B-$972.0M-$1.04B-$726.0M-$1.02B-$670.0M-$867.0M-$776.0M
Dividends paid $467.0M$421.0M$392.0M$370.0M$357.0M$338.0M$328.0M$316.0M$304.0M$303.0M
Buybacks $1.04B$1.20B$850.0M$603.0M$695.0M$601.0M$700.0M$425.0M$605.0M$790.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000277135-26-000011.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 5B 10B 15B 20B Revenue, FY2016: 10.1B Gross profit, FY2016: 4.1B Net income, FY2016: 606M Revenue, FY2017: 10.4B Gross profit, FY2017: 4.1B Net income, FY2017: 586M Revenue, FY2018: 11.2B Gross profit, FY2018: 4.3B Net income, FY2018: 782M Revenue, FY2019: 11.5B Gross profit, FY2019: 4.4B Net income, FY2019: 849M Revenue, FY2020: 11.8B Gross profit, FY2020: 4.2B Net income, FY2020: 695M Revenue, FY2021: 13B Gross profit, FY2021: 4.7B Net income, FY2021: 1B Revenue, FY2022: 15.2B Gross profit, FY2022: 5.8B Net income, FY2022: 1.5B Revenue, FY2023: 16.5B Gross profit, FY2023: 6.5B Net income, FY2023: 1.8B Revenue, FY2024: 17.2B Gross profit, FY2024: 6.8B Net income, FY2024: 1.9B Revenue, FY2025: 17.9B Gross profit, FY2025: 7B Net income, FY2025: 1.7B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $10.14B $10.43B $11.22B $11.49B $11.80B $13.02B $15.23B $16.48B $17.17B $17.94B
Gross profit $4.12B $4.10B $4.35B $4.40B $4.24B $4.72B $5.85B $6.50B $6.76B $7.01B
Net income $606.0M $586.0M $782.0M $849.0M $695.0M $1.04B $1.55B $1.83B $1.91B $1.71B

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Results announced Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
  • Charter or fiscal year changed Item 5.03
  • Shareholder vote Item 5.07

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 5000

TickerCompanyMarket capP/ERevenue growth
JXG JX Luxventure Group Inc. — — —