GWW · W.w. Grainger, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.74B | - | $4.66B | $4.55B | $4.31B | - | $4.39B | $4.31B | $4.24B | - |
| Cost of Revenue | $2.85B | - | $2.86B | $2.80B | $2.60B | - | $2.67B | $2.62B | $2.57B | - |
| Gross Profit | $1.90B | - | $1.80B | $1.75B | $1.71B | - | $1.72B | $1.69B | $1.67B | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $1.10B | - | $1.29B | $1.08B | $1.04B | - | $1.03B | $1.04B | $999.00M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $80.00M | - | $77.00M | $78.00M | $74.00M | - | - | - | $56.00M | - |
| Operating Income | $793.00M | - | $511.00M | $678.00M | $672.00M | - | $686.00M | $649.00M | $669.00M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $194.00M | - | $171.00M | $153.00M | $157.00M | - | $166.00M | $146.00M | $158.00M | - |
| Net Income | $555.00M | - | $294.00M | $482.00M | $479.00M | - | $486.00M | $470.00M | $478.00M | - |
| EPS - Basic | $11.67 | - | $6.13 | $9.99 | $9.88 | - | $9.90 | $9.54 | $9.65 | - |
| EPS - Diluted | $11.65 | - | $6.12 | $9.97 | $9.86 | - | $9.87 | $9.51 | $9.62 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $695.00M | $585.00M | $535.00M | $597.00M | $666.00M | $1.04B | $1.45B | $769.00M | $804.00M | $660.00M |
| Accounts Receivable | $2.63B | $2.33B | $2.41B | $2.47B | $2.37B | $2.23B | $2.35B | $2.34B | $2.33B | $2.19B |
| Inventory | $2.38B | $2.39B | $2.27B | $2.36B | $2.31B | $2.31B | $2.17B | $2.17B | $2.18B | $2.27B |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $5.91B | $5.48B | $5.47B | $5.65B | $5.53B | $5.74B | $6.18B | $5.52B | $5.54B | $5.27B |
| Total Assets | $9.47B | $8.96B | $8.85B | $8.94B | $8.66B | $8.83B | $9.11B | $8.35B | $8.40B | $8.15B |
| Current Liabilities | $2.20B | $1.94B | $2.02B | $2.00B | $2.02B | $2.31B | $2.38B | $2.40B | $2.53B | $1.83B |
| Long-term Debt | $2.41B | $2.36B | $2.37B | $2.34B | $2.28B | $2.28B | $2.78B | $2.29B | $2.28B | $2.27B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $3.93B | $3.74B | $3.56B | $3.67B | $3.48B | $3.36B | $3.50B | $3.28B | $3.20B | $3.12B |
| Retained Earnings | $15.40B | $14.96B | $14.62B | $14.43B | $14.06B | $13.68B | $13.30B | $12.92B | $12.55B | $12.16B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $739.00M | - | - | - | $646.00M | - | - | - | $661.00M | - |
| Investing Cash Flow | ($178.00M) | - | - | - | ($125.00M) | - | - | - | ($118.00M) | - |
| Financing Cash Flow | ($446.00M) | - | - | - | ($898.00M) | - | - | - | ($391.00M) | - |
| CapEx | $170.00M | - | - | - | $125.00M | - | - | - | $119.00M | - |
| Free Cash Flow | $569.00M | - | - | - | $521.00M | - | - | - | $542.00M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 40.0% | - | 38.6% | 38.5% | 39.7% | - | 39.2% | 39.3% | 39.4% | - |
| Operating margin | 16.7% | - | 11.0% | 14.9% | 15.6% | - | 15.6% | 15.1% | 15.8% | - |
| EBITDA margin | 18.4% | - | 12.6% | 16.6% | 17.3% | - | - | - | 17.1% | - |
| Net margin | 11.7% | - | 6.3% | 10.6% | 11.1% | - | 11.1% | 10.9% | 11.3% | - |
| Free cash flow margin | 12.0% | - | - | - | 12.1% | - | - | - | 12.8% | - |
| FCF / Net income | 1.03 | - | - | - | 1.09 | - | - | - | 1.13 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 23.3% | - | 27.6% | 23.6% | 24.1% | - | 23.6% | 24.2% | 23.6% | - |
| Effective tax rate | 25.9% | - | 36.8% | 24.1% | 24.7% | - | 25.5% | 23.7% | 24.8% | - |
| Return on assets | 5.9% | - | 3.3% | 5.4% | 5.5% | - | 5.3% | 5.6% | 5.7% | - |
| Return on equity | 14.1% | - | 8.3% | 13.1% | 13.8% | - | 13.9% | 14.3% | 14.9% | - |
| Return on invested capital | 9.3% | - | 5.5% | 8.6% | 8.8% | - | 8.1% | 8.9% | 9.2% | - |
| Liquidity | ||||||||||
| Current ratio | 2.69 | 2.83 | 2.72 | 2.82 | 2.74 | 2.49 | 2.59 | 2.30 | 2.19 | 2.88 |
| Quick ratio | 1.60 | 1.59 | 1.59 | 1.64 | 1.60 | 1.49 | 1.68 | 1.40 | 1.33 | 1.64 |
| Cash ratio | 0.32 | 0.30 | 0.27 | 0.30 | 0.33 | 0.45 | 0.61 | 0.32 | 0.32 | 0.36 |
| Leverage | ||||||||||
| Debt / Equity | 0.61 | 0.63 | 0.66 | 0.64 | 0.65 | 0.68 | 0.79 | 0.70 | 0.71 | 0.73 |
| Debt / Assets | 0.25 | 0.26 | 0.27 | 0.26 | 0.26 | 0.26 | 0.30 | 0.27 | 0.27 | 0.28 |
| Debt / EBITDA | 2.76 | - | 4.03 | 3.10 | 3.05 | - | - | - | 3.15 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.41 | 2.40 | 2.48 | 2.43 | 2.49 | 2.63 | 2.60 | 2.55 | 2.63 | 2.62 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.50 | - | 0.53 | 0.51 | 0.50 | - | 0.48 | 0.52 | 0.50 | - |
| Inventory turnover | 1.19 | - | 1.26 | 1.19 | 1.12 | - | 1.23 | 1.21 | 1.18 | - |
| Days sales outstanding | 202d | - | 189d | 198d | 201d | - | 195d | 198d | 201d | - |
| Days inventory outstanding | 306d | - | 290d | 307d | 325d | - | 297d | 302d | 310d | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 93.6x | - | 155.7x | 104.3x | 100.2x | - | 105.2x | 94.9x | 105.7x | - |
| P / B | 13.2x | - | 12.8x | 13.6x | 13.7x | - | 14.5x | 13.5x | 15.7x | - |
| P / S | 10.9x | - | 9.8x | 11.0x | 11.1x | - | 11.6x | 10.3x | 11.9x | - |
| EV / EBITDA | 61.2x | - | 80.7x | 68.5x | 66.1x | - | - | - | 71.4x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 10.1% | - | 6.1% | 5.6% | 1.7% | - | 4.3% | 3.1% | 3.5% | - |
| Revenue CAGR (3y) | 5.0% | - | 5.7% | 5.9% | 5.7% | - | 9.2% | 10.4% | 11.2% | - |
| Revenue CAGR (5y) | 9.0% | - | 9.1% | 9.9% | 7.5% | - | 9.2% | 8.6% | 8.6% | - |
| Gross profit growth (YoY) | 10.9% | - | 4.5% | 3.6% | 2.5% | - | 3.9% | 3.0% | 2.1% | - |
| Operating income growth (YoY) | 18.0% | - | -25.5% | 4.5% | 0.4% | - | 2.8% | -1.8% | -1.6% | - |
| Net income growth (YoY) | 15.9% | - | -39.5% | 2.6% | 0.2% | - | 2.1% | 0.0% | -2.0% | - |
| EPS growth (YoY) | 18.2% | - | -38.0% | 4.8% | 2.5% | - | 4.7% | 2.5% | 0.1% | - |
| EPS CAGR (3y) | 6.6% | - | -9.5% | 11.5% | 11.7% | - | 20.4% | 30.6% | 29.0% | - |
| EPS CAGR (5y) | 21.1% | - | 6.8% | 36.6% | 25.3% | - | 18.4% | 15.3% | 16.5% | - |
| FCF growth (YoY) | 9.2% | - | - | - | -3.9% | - | - | - | 52.2% | - |
| FCF CAGR (5y) | 20.8% | - | - | - | 21.8% | - | - | - | 51.9% | - |
| Book value growth (YoY) | 12.9% | 11.3% | 1.7% | 12.1% | 8.8% | 7.8% | 13.4% | 11.7% | 17.0% | 27.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$17.62B totalHigh Touch Solutions NA$13.99B · 79.4%
Endless Assortment$3.63B · 20.6%
Geographic
$17.94B totalUS$14.44B · 80.5%
JP$2.17B · 12.1%
CA$683.00M · 3.8%
Other Foreign Countries$645.00M · 3.6%
Peer comparison
Same SIC group: Wholesale-Durable Goods
Comparing W.W. GRAINGER against the 2 most active filers in the same SIC group.
Dividends
$9.27/share trailing 12 months · +10.2% YoY
| Ex-date | Per share |
|---|---|
| May 11, 2026 | $2.4900 |
| Feb 9, 2026 | $2.2600 |
| Nov 10, 2025 | $2.2600 |
| Aug 11, 2025 | $2.2600 |
| May 12, 2025 | $2.2600 |
| Feb 10, 2025 | $2.0500 |
| Nov 8, 2024 | $2.0500 |
| Aug 12, 2024 | $2.0500 |
| May 10, 2024 | $2.0500 |
| Feb 9, 2024 | $1.8600 |
| Nov 10, 2023 | $1.8600 |
| Aug 11, 2023 | $1.8600 |
| May 5, 2023 | $1.8600 |
| Feb 10, 2023 | $1.7200 |
| Nov 10, 2022 | $1.7200 |
| Aug 5, 2022 | $1.7200 |
| May 6, 2022 | $1.7200 |
| Feb 11, 2022 | $1.6200 |
| Nov 5, 2021 | $1.6200 |
| Aug 6, 2021 | $1.6200 |
| May 7, 2021 | $1.6200 |
| Feb 5, 2021 | $1.5300 |
| Nov 6, 2020 | $1.5300 |
| Aug 7, 2020 | $1.5300 |