| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $17.17B | $16.48B | $15.23B | $13.02B | $11.80B | $11.49B | $11.22B | $10.42B |
| Cost of Revenue | $10.48B | $9.98B | $9.38B | $8.30B | $7.56B | $7.09B | $6.87B | $6.33B |
| Gross Profit | $6.69B | $6.50B | $5.85B | $4.72B | $4.24B | $4.40B | $4.35B | $4.10B |
| Gross Margin | 38.96% | 39.42% | 38.41% | 36.25% | 35.92% | 38.28% | 38.75% | 39.31% |
| Operating Expenses | $4.05B | $3.93B | $3.63B | $3.17B | $3.22B | $3.13B | $3.19B | $3.05B |
| Operating Income | $2.64B | $2.56B | $2.21B | $1.55B | $1.02B | $1.26B | $1.16B | $1.05B |
| Operating Margin | 15.36% | 15.57% | 14.55% | 11.88% | 8.64% | 10.99% | 10.32% | 10.06% |
| Net Income | $1.91B | $1.83B | $1.55B | $1.04B | $695.00M | $849.00M | $782.00M | $585.73M |
| Net Margin | 11.12% | 11.10% | 10.16% | 8.01% | 5.89% | 7.39% | 6.97% | 5.62% |
| EPS (Basic) | $39.04 | $36.65 | $30.39 | $20.10 | $12.99 | $15.52 | $13.93 | $10.07 |
| EBITDA | $2.90B | $2.81B | $2.40B | $1.74B | $1.22B | $1.52B | $1.42B | $1.28B |
| Stock Option Compensation Expense | $62.00M | $62.00M | $48.00M | $42.00M | $46.00M | $40.00M | $47.00M | $32.66M |
| Price To Earnings Ratio | 27.00 | 22.61 | 18.30 | 25.79 | 31.43 | 21.81 | 20.27 | 23.26 |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | $51.54B | $41.35B | $28.31B | $26.90B | $21.85B | $18.52B | $15.85B | $13.63B |
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Short Term Receivables | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Inventories | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Property, Plant & Equipment | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Investments and Advances | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Note Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Intangible Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Assets | $8.83B | $8.15B | $7.59B | $6.59B | $6.29B | $6.00B | $5.87B | $5.80B |
| Short Term Debt Incl. Current Port. of LT Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Provision for Risks Charges | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $5.13B | $4.71B | $4.85B | $4.43B | $4.20B | $3.94B | $3.78B | $3.98B |
| Non-Equity Reserves | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Preferred Stock - Carrying Value | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Common Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Shareholders Equity | $3.36B | $3.12B | $2.44B | $1.87B | $1.83B | $1.85B | $1.92B | $1.69B |
| Accumulated Minority Interest | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $3.36B | $3.12B | $2.44B | $1.87B | $1.83B | $1.85B | $1.92B | $1.69B |
| Total Liabilities & Stockholders Equity | $8.83B | $8.15B | $7.59B | $6.59B | $6.29B | $6.00B | $5.87B | $5.80B |
| Book Value Per Share | $75.73 | $68.96 | $53.73 | $41.62 | $39.12 | $37.66 | $37.28 | $31.69 |
| Tangible Book Value Per Share | $63.50 | $56.85 | $41.89 | $29.63 | $27.55 | $24.26 | $21.53 | $12.39 |
| Full-Time Employees | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Book Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 21.62% | 22.45% | 20.39% | 15.82% | 11.04% | 14.14% | 13.32% | 10.09% |
| Return on Equity | 56.85% | 58.72% | 63.40% | 55.66% | 38.02% | 45.77% | 40.71% | 34.66% |
| Return on Invested Capital | 28.58% | 30.41% | 29.31% | 22.62% | 16.52% | 20.19% | 19.58% | 15.89% |
| Quick Ratio | 1.49 | 1.64 | 1.36 | 1.40 | 1.52 | 1.13 | 1.34 | 1.18 |
| Current Ratio | 2.49 | 2.88 | 2.48 | 2.63 | 2.72 | 2.12 | 2.37 | 2.13 |
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $1.91B | $1.83B | $1.55B | $1.04B | $695.00M | $849.00M | $782.00M | $585.73M |
| Depreciation | $237.00M | $214.00M | $200.00M | $186.00M | $176.00M | $228.00M | $254.00M | $259.00M |
| Other Funds (Non Cash) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Funds from Operations | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Extraordinary Item | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Changes in Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Taxes Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Operating Activities | $2.11B | $2.03B | $1.33B | $937.00M | $1.12B | $1.04B | $1.06B | $1.06B |
| Capital Expenditures | $541.00M | $445.00M | $256.00M | $255.00M | $197.00M | $221.00M | $239.00M | $237.28M |
| Net Assets From Acquisitions | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale of Fixed Assets and Businesses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase or Sale of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale Or Maturity of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Sources | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Investing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash Dividends Paid | $421.00M | $392.00M | $370.00M | $357.00M | $338.00M | $328.00M | $316.00M | $304.00M |
| Change in Capital Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Repurchase of Common Pref Stock | $1.20B | $850.00M | $603.00M | $695.00M | $601.00M | $700.00M | $425.00M | $605.00M |
| Sale of Common Pref Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Proceeds from Stock Options | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance or Reduction of Debt, Net | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Change in Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Reduction of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Financing Active Other Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Financing Activities Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Financing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Exchange Rate Effect | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Change in Cash | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | $1.57B | $1.59B | $1.08B | $682.00M | $926.00M | $821.00M | $818.00M | $819.27M |
| Preferred Dividends (Cash Flow) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Company coverage
W.W. Grainger, Inc. stands as a significant global supplier of maintenance, repair, and operating (MRO) supplies and related services. Its market presence spans several international regions, including the United States, Japan, Canada, and the United Kingdom. The company structures its operations into two principal divisions: High-Touch Solutions N.A. and Endless Assortment. Grainger's extensive product offerings cover essential categories such as safety and security provisions, equipment for material handling and storage, plumbing and pump components, cleaning and facility upkeep items, and both metalworking and general hand tools. Furthermore, it delivers vital support functions, including inventory management and expert technical assistance. The firm serves a wide array of organizational customers, from private businesses and large corporations to government bodies and other institutions, reaching them through both dedicated sales and service teams and its robust digital and e-commerce platforms. Established in 1927, W.W. Grainger, Inc. maintains its corporate headquarters in Lake Forest, Illinois.
Why it moved over time
GWW reported Q2 EPS of $12.01, beating estimates and raised its full-year sales, earnings and margin outlook after margin expansion and tariff refunds, signaling stronger demand and improved profitability.
Key fact: Q2 EPS $12.01 versus $11.28 estimate; company raised 2026 sales, earnings and margin guidance, citing margin gains and tariff refunds.
gurufocus.com: GWW DCF Analysis: Intrinsic Value $941 vs Price $1300Grainger beat Q2 estimates, citing stronger sales, margin expansion and tariff refunds, and raised its full-year sales, earnings and margin outlook, an earnings-driven catalyst for near-term investor focus.
Key fact: Q2 EPS $12.01 versus ~ $11.28 consensus and management raised 2026 sales, earnings and margin guidance.
defenseworld.net: W.W. Grainger Q2 Earnings Call HighlightsThe company declared a $2.49 quarterly cash dividend, a capital-return action that signals board confidence and raises near-term yield for shareholders.
Key fact: Board approved quarterly cash dividend of $2.49 per share (announced July 29, 2026).
zacks.com: Grainger Ready to Report Q2 Earnings: What to Expect From the Stock?Grainger's board declared a $2.49 quarterly cash dividend, signaling steady shareholder returns and providing a near-term income catalyst ahead of its Q2 earnings report.
Key fact: Board approved a quarterly cash dividend of $2.49 per share (announced July 29, 2026).
zacks.com: Grainger Ready to Report Q2 Earnings: What to Expect From the Stock?