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.

Revenue
+11.3%
EPS
+113.8%
Free cash flow
+61.1%
Total debt
+13.3%

Quarter to September 2026, against a year earlier

1,451.80 37.59 −2.52%
Market cap
$68.4B
P/E
31.4×
Fwd P/E
29.2×
Dividend yield
0.65%
F-score
6/9
Altman Z
11.75
Beneish M
−2.51
Dividend safety
96/100

W.W. Grainger, Inc. (GWW) Debt to equity

Alert me on Debt to equity

W.W. Grainger, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.6×, down 0.0× from fiscal 2025 (0.6×). Over the past ten years it has ranged from 0.6× (fiscal 2025) to 1.3× (fiscal 2017) — the current reading is the lowest in ten years. That is above the Industrial Distribution industry median of 0.4× and above the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.6× (19.91%)
FY2024 0.8× 12.24%
FY2023 0.7× (21.17%)
FY2022 0.8× (24.57%)
FY2021 1.1× (1.84%)
FY2020 1.1× 9.22%
FY2019 1.0× 1.08%
FY2018 1.0× (17.09%)
FY2017 1.3× 28.12%
FY2016 1.0× 40.44%

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.6× 6.20%
Jun 2026 0.5× (3.87%)
Mar 2026 0.6× (7.61%)
Dec 2025 0.6× 0.45%
43 more quarters

Against its own ten years

Low 0.6× High 1.3×
Ten-year median 1.0×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
WSO Watsco, Inc. compare 0.0×
WSO.B Watsco, Inc. compare 0.0×
FAST Fastenal Company compare 0.0×
AIT Applied Industrial Technologies, Inc. compare 0.1×
GWW W.W. Grainger, Inc. 0.6×
QXO QXO, Inc. compare 0.6×
FERG Ferguson plc compare 0.8×
WCC WESCO International, Inc. compare 1.1×
CNM Core & Main, Inc. compare 1.2×
Industrial Distribution industry median 0.4×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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