Saturday 17 October 2026
Export GWW’s income statement to Excel — free account
W.W. Grainger, Inc.
GWW Industrials Industrial Distribution
W.W. Grainger, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $17.9 billion, up 4.51% from fiscal 2024. In the quarter to June 2026, revenue grew 10.3%, EPS grew 20.3%, free cash flow grew 61.7% and total debt rose 2.77%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for ten.
1,330.70
0.47
−0.04%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
23.68 | 23.38 | 20.42 | 22.05 | 31.70 | 25.95 | 18.40 | 22.35 | 27.15 | 28.46 |
Piotroski F-Score |
5 | 6 | 8 | 7 | 5 | 7 | 7 | 8 | 5 | 6 |
P/S ratio |
1.40 | 1.30 | 1.41 | 1.61 | 1.85 | 2.07 | 1.86 | 2.46 | 3.00 | 2.69 |
Altman Z-Score |
6.69 | 6.58 | 7.37 | 7.76 | 7.95 | 8.86 | 8.91 | 10.93 | 11.60 | 11.75 |
Altman Z″-Score (non-manufacturers) |
7.52 | 7.76 | 8.57 | 8.57 | 8.74 | 9.26 | 9.72 | 10.52 | 10.37 | 10.81 |
P/FCF ratio |
17.81 | 14.47 | 19.36 | 22.10 | 23.09 | 37.83 | 25.61 | 25.25 | 32.77 | 35.44 |
Beneish M-Score |
(2.84) | (2.79) | (2.68) | (2.51) | (2.78) | (2.02) | (2.19) | (2.50) | (2.58) | (2.51) |
P/Operating CF |
42.26 | 40.46 | 50.45 | 68.08 | 65.02 | 126.28 | 78.60 | 67.19 | 120.43 | 122.36 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 96 |
P/B ratio |
7.43 | 7.44 | 7.57 | 8.99 | 10.44 | 12.45 | 10.35 | 11.79 | 13.92 | 11.67 |
Price to Tangible BV |
17.87 | 19.02 | 13.10 | 13.95 | 14.82 | 17.49 | 13.27 | 14.30 | 16.60 | 13.75 |
EV/Sales |
1.55 | 1.49 | 1.56 | 1.77 | 2.01 | 2.23 | 1.99 | 2.56 | 3.10 | 2.80 |
EV/EBITDA |
11.56 | 11.98 | 12.35 | 13.63 | 17.04 | 16.77 | 12.52 | 15.19 | 18.54 | 18.27 |
EV/Operating CF |
15.38 | 14.72 | 16.53 | 19.50 | 21.07 | 31.04 | 22.72 | 20.79 | 25.24 | 24.93 |
EV/FCF |
19.81 | 16.55 | 21.36 | 24.24 | 25.01 | 40.91 | 27.41 | 26.27 | 33.87 | 36.83 |
Quick Ratio |
0.92 | 1.10 | 1.28 | 1.06 | 1.43 | 1.31 | 1.22 | 1.56 | 1.42 | 1.50 |
Current Ratio |
1.85 | 2.13 | 2.37 | 2.12 | 2.72 | 2.63 | 2.48 | 2.88 | 2.49 | 2.83 |
Net Debt/EBITDA |
1.17 | 1.51 | 1.15 | 1.21 | 1.31 | 1.26 | 0.82 | 0.59 | 0.61 | 0.69 |
Debt/Assets |
32.68% | 39.40% | 36.97% | 35.97% | 38.08% | 36.83% | 30.56% | 28.23% | 31.46% | 27.76% |
Debt/Equity |
0.98 | 1.25 | 1.04 | 1.05 | 1.15 | 1.12 | 0.85 | 0.67 | 0.75 | 0.60 |
Asset Turnover |
1.76 | 1.81 | 1.92 | 1.93 | 1.92 | 2.02 | 2.15 | 2.09 | 2.02 | 2.02 |
Operating CF/Net income |
1.70 | 1.80 | 1.35 | 1.23 | 1.62 | 0.90 | 0.86 | 1.11 | 1.11 | 1.18 |
Capex/Depreciation |
(0.92) | (0.44) | (0.93) | (0.89) | (0.48) | (1.21) | (1.11) | (1.98) | (2.27) | (2.56) |
Interest Coverage |
14.64 | 12.03 | 14.12 | 15.97 | 10.96 | 17.78 | 23.82 | 27.58 | 34.25 | 30.80 |
| 28.23% | 31.39% | 39.89% | 40.89% | 33.47% | 49.05% | 63.21% | 59.23% | 53.44% | 43.50% | |
| 10.41% | 10.19% | 13.39% | 14.30% | 11.30% | 16.19% | 21.82% | 23.25% | 22.49% | 19.18% | |
ROIC |
19.92% | 17.08% | 19.42% | 20.43% | 16.31% | 22.24% | 29.27% | 31.55% | 30.27% | 25.80% |
Return on Tangible Assets |
21.37% | 18.96% | 22.95% | 25.91% | 17.94% | 26.70% | 34.94% | 35.86% | 35.62% | 29.35% |
Average Days of Receivables |
44.04 | 46.39 | 45.05 | 45.28 | 45.61 | 49.16 | 51.13 | 48.55 | 47.45 | 47.38 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
29.61% | 29.38% | 28.43% | 27.29% | 27.29% | 24.37% | 23.86% | 23.86% | 24.00% | 25.16% |
Intangible Assets out of Total Assets |
0.20 | 0.19 | 0.15 | 0.12 | 0.10 | 0.09 | 0.08 | 0.07 | 0.07 | 0.07 |
Share Based Compensation of Revenue |
0.36% | 0.32% | 0.42% | 0.35% | 0.39% | 0.32% | 0.32% | 0.38% | 0.36% | 0.36% |
Graham Net Nets |
(0.05) | (0.06) | (0.01) | (0.02) | (0.01) | (0.02) | 0.00 | 0.01 | 0.01 | 0.01 |
Graham Number |
83.84 | 84.77 | 107.75 | 114.05 | 106.48 | 136.75 | 191.14 | 237.58 | 257.22 | 262.59 |
Earnings Yield |
4.22% | 4.28% | 4.90% | 4.53% | 3.15% | 3.85% | 5.44% | 4.47% | 3.68% | 3.51% |
Free Cash Flow Yield |
5.61% | 6.91% | 5.16% | 4.53% | 4.33% | 2.64% | 3.91% | 3.96% | 3.05% | 2.82% |
Revenue per Share |
167.83 | 180.68 | 200.02 | 209.98 | 220.50 | 250.91 | 299.17 | 330.22 | 351.08 | 374.57 |
Operating CF per Share |
16.95 | 18.32 | 18.84 | 19.05 | 20.99 | 18.05 | 26.19 | 40.70 | 43.17 | 42.07 |
Capex per Share |
(3.79) | (2.03) | (4.26) | (3.73) | (3.31) | (4.35) | (4.48) | (8.50) | (11.00) | (13.59) |
Free Cash Flow per Share |
13.16 | 16.29 | 14.58 | 15.32 | 17.68 | 13.70 | 21.71 | 32.20 | 32.17 | 28.48 |
Cash per Share |
4.54 | 5.67 | 9.59 | 6.58 | 10.93 | 4.64 | 6.39 | 13.23 | 21.19 | 12.21 |
Shareholders Equity per Share |
31.55 | 31.68 | 37.31 | 37.66 | 39.12 | 41.62 | 53.73 | 68.96 | 75.73 | 86.45 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
31.55 | 31.68 | 37.31 | 37.66 | 39.12 | 41.62 | 53.73 | 68.96 | 75.73 | 86.45 |
Free Cash Flow |
795.00 | 940.00 | 818.00 | 838.00 | 946.00 | 711.00 | 1,105.00 | 1,607.00 | 1,573.00 | 1,364.00 |
Working Capital |
1,391.29 | 1,699.00 | 2,056.00 | 1,877.00 | 2,478.00 | 2,483.00 | 2,967.00 | 3,443.00 | 3,432.00 | 3,544.00 |
Capital Expenditures |
(229.00) | (117.00) | (239.00) | (204.00) | (177.00) | (226.00) | (228.00) | (424.00) | (538.00) | (651.00) |
Net Current Asset Value |
(768.31) | (770.00) | (223.00) | (390.00) | (283.00) | (421.00) | 124.00 | 568.00 | 611.00 | 663.00 |
EV/EBIT |
14.15 | 15.03 | 15.09 | 16.10 | 23.22 | 18.80 | 13.68 | 16.46 | 20.21 | 20.13 |
Capex to Sales |
0.02 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.04 |
Price to Operating Income |
12.72 | 13.14 | 13.68 | 14.67 | 21.44 | 17.39 | 12.78 | 15.82 | 19.55 | 19.37 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.18 | 0.19 | 0.19 | 0.16 | 0.26 | 0.13 | 0.14 | 0.13 | 0.12 | 0.11 |
Cash ROIC |
19.67% | 21.16% | 17.03% | 18.30% | 18.64% | 14.72% | 20.54% | 25.11% | 20.93% | 18.91% |
Accounts Receivable Turnover |
8.33 | 8.18 | 8.28 | 8.18 | 8.14 | 8.07 | 7.84 | 7.62 | 7.76 | 7.87 |
Accounts Payable Turnover |
9.76 | 9.16 | 9.76 | 10.15 | 10.09 | 10.41 | 10.07 | 9.98 | 10.92 | 11.42 |
Inventory Turnover |
4.27 | 4.46 | 4.63 | 4.44 | 4.46 | 4.61 | 4.55 | 4.42 | 4.55 | 4.65 |
Average Days of Payables |
39.40 | 42.17 | 36.01 | 37.02 | 37.62 | 35.88 | 40.75 | 34.88 | 33.38 | 32.15 |
Days of Inventory on Hand |
85.25 | 82.44 | 81.84 | 85.21 | 83.68 | 82.22 | 87.68 | 82.86 | 80.85 | 79.92 |
Average Receivables |
1,216.37 | 1,274.05 | 1,355.00 | 1,405.00 | 1,449.50 | 1,614.00 | 1,943.50 | 2,162.50 | 2,212.00 | 2,280.50 |
Average Payables |
616.78 | 690.55 | 704.50 | 698.50 | 749.00 | 797.50 | 931.50 | 1,000.50 | 953.00 | 957.50 |
Average Inventory |
1,410.32 | 1,417.74 | 1,485.00 | 1,598.00 | 1,694.00 | 1,801.50 | 2,061.50 | 2,259.50 | 2,286.00 | 2,350.00 |
Average Assets |
5,776.03 | 5,749.15 | 5,838.50 | 5,939.00 | 6,150.00 | 6,443.50 | 7,090.00 | 7,867.50 | 8,488.00 | 8,895.50 |
Average Common Equity |
2,129.24 | 1,866.88 | 1,960.50 | 2,076.50 | 2,076.50 | 2,126.50 | 2,447.50 | 3,088.00 | 3,572.00 | 3,922.00 |
Columns are period end dates