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%
Market cap
$62.7B
P/E
33.9×
Fwd P/E
28.6×
Dividend yield
0.71%
F-score
6/9
Altman Z
11.75
Beneish M
−2.51
Dividend safety
96/100
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
ROE
28.23% 31.39% 39.89% 40.89% 33.47% 49.05% 63.21% 59.23% 53.44% 43.50%
ROA
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

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