Saturday 17 October 2026 Export GWW’s income statement to Excel — free account

W.W. Grainger, Inc.

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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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

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 26.00

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	2	—	—	1	1	3	—	—	—	—	—

Insider Ownership 6.44%

Capital & Financial Ratios $m

Market Cap 62,700.00

Revenue 18,845.00

Net Income 1,981.00

Free Cash Flow 1,539.00

Net Debt 1,819.00

Current Ratio 2.81

Debt/Equity 0.53

P/E ratio 33.89

Fwd P/E 28.60

P/S ratio 3.33

P/B ratio 13.92

Past 5Y EPS Growth 22.52%

This Y EPS Growth 17.87%

Next Y EPS Growth 9.87%

Next Y revenue growth 9.56%

Next 5Y EPS Growth 12.36%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 96.90%

10-year low 10-year high

P/S against its own 10 years 97.57%

10-year low 10-year high

P/B against its own 10 years 94.80%

10-year low 10-year high

EV/Sales against its own 10 years 97.64%

10-year low 10-year high

EV/FCF against its own 10 years 96.42%

10-year low 10-year high

Dividends

Payout Ratio 0.24

Annual Dividend Rate 9.50

Annual Dividend Yield 0.71%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	9.66	2.26 2.49 2.49
2025	8.83	2.05 2.26 2.26 2.26
2024	8.01	1.86 2.05 2.05 2.05
2023	7.30	1.72 1.86 1.86 1.86
2022	6.78	1.62 1.72 1.72 1.72
2021	6.39	1.53 1.62 1.62 1.62
2020	5.94	1.44 1.44 1.53 1.53
2019	5.68	1.36 1.44 1.44 1.44
2018	5.36	1.28 1.36 1.36 1.36
2017	5.06	1.22 1.28 1.28 1.28
2016	4.83	1.17 1.22 1.22 1.22

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	660	1,036	585	589
Receivables	2,192	2,232	2,329	2,825
Inventory	2,266	2,306	2,394	2,371
Other	—	—	—	—
	5,274	5,737	5,484	5,998

	2023	2024	2025	Q'26
Payables	954	952	963	1,280
ST’ Debt	34	499	126	2
Other	—	—	—	—
	1,831	2,305	1,940	2,138

Compound Annual Growth %

	10y	5y	3y
Sales	6.05%	8.75%	5.62%
Cash Flow	6.88%	12.40%	14.77%
Earnings	8.29%	19.67%	3.31%
Book Value	5.82%	14.62%	14.83%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	4,742	5,021	—	—	—
’25	4,306	4,554	4,657	4,425	17,942
’24	4,235	4,312	4,388	4,233	17,168
’23	4,091	4,182	4,208	3,997	16,478
’22	3,647	3,837	3,942	3,802	15,228
’21	3,084	3,207	3,372	3,359	13,022
’20	3,001	2,837	3,018	2,941	11,797

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	739	444	—	—	—
’25	646	377	597	395	2,015
’24	661	411	611	428	2,111
’23	454	450	523	604	2,031
’22	343	250	380	360	1,333
’21	294	269	161	213	937
’20	244	232	311	336	1,123

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	569	333	—	—	—
’25	521	206	339	298	1,364
’24	543	335	524	171	1,573
’23	358	355	407	487	1,607
’22	286	146	340	333	1,105
’21	236	197	111	167	711
’20	194	202	261	289	946

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	11.65	12.01	—	—	—
’25	9.86	9.97	6.12	9.44	35.40
’24	9.62	9.51	9.87	9.71	38.71
’23	9.61	9.28	9.43	7.89	36.23
’22	7.07	7.19	8.27	7.54	30.06
’21	4.48	4.27	5.65	5.44	19.84
’20	3.19	2.10	4.41	3.12	12.82

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	176.85	155.00	223.25	255.09	200.61	356.23	440.48	534.01	800.97	893.99	Analyst estimates 2026–2028 Powerpack
	High	240.74	262.71	372.06	340.57	427.90	527.06	612.06	841.00	1,227.66	1,139.15
People
People	Employees	25,600	25,700	24,600	25,300	23,100	24,200	26,000	26,000	26,000	25,000
	Revenue/emp, $m	0.40	0.41	0.46	0.45	0.51	0.54	0.59	0.63	0.66	0.72
Income, $m
Income, $m	Revenue	10,137	10,425	11,221	11,486	11,797	13,022	15,228	16,478	17,168	17,942
	Gross margin, %	40.59	39.31	38.75	38.28	35.92	36.25	38.41	39.42	39.36	39.06
	EBT	1,019	936	1,081	1,209	947	1,485	2,146	2,500	2,584	2,430
	EBT margin, %	10.05	8.98	9.63	10.53	8.03	11.40	14.09	15.17	15.05	13.54
	Net income	633	623	823	895	755	1,114	1,613	1,903	1,989	1,808
	Depreciation	249	264	257	229	369	187	205	214	237	254
Per share, $
Per share, $	Revenue	167.83	180.68	200.02	209.98	220.50	250.91	299.17	330.22	351.08	374.57
	Earnings	9.94	10.07	13.82	15.39	12.88	19.94	30.22	36.39	38.84	35.47
	Cash flow	16.95	18.32	18.84	19.05	20.99	18.05	26.19	40.70	43.17	42.07
	Capex	(3.79)	(2.03)	(4.26)	(3.73)	(3.31)	(4.35)	(4.48)	(8.50)	(11.00)	(13.59)
	Free cash flow	13.16	16.29	14.58	15.32	17.68	13.70	21.71	32.20	32.17	28.48
	Book value	31.55	31.68	37.31	37.66	39.12	41.62	53.73	68.96	75.73	86.45
	Shares, m	60	58	56	55	54	52	51	50	49	48
Valuation, ×
Valuation, ×	P/E	23.68	23.38	20.42	22.05	31.70	25.95	18.40	22.35	27.15	28.46
	P/S	1.40	1.30	1.41	1.61	1.85	2.07	1.86	2.46	3.00	2.69
	P/B	7.43	7.44	7.57	8.99	10.44	12.45	10.35	11.79	13.92	11.67
	EV/Sales	1.55	1.49	1.56	1.77	2.01	2.23	1.99	2.56	3.10	2.80
	EV/FCF	19.81	16.55	21.36	24.24	25.01	40.91	27.41	26.27	33.87	36.83
Cash, $m
Cash, $m	Operating cash flow	1,024	1,057	1,057	1,042	1,123	937	1,333	2,031	2,111	2,015
	Capex	(229)	(117)	(239)	(204)	(177)	(226)	(228)	(424)	(538)	(651)
	Free cash flow	795	940	818	838	946	711	1,105	1,607	1,573	1,364
Balance, $m
Balance, $m	Working capital	1,391	1,699	2,056	1,877	2,478	2,483	2,967	3,443	3,432	3,544
	Total debt	1,861	2,287	2,171	2,160	2,397	2,428	2,319	2,300	2,778	2,488
	Net debt	1,587	1,960	1,633	1,800	1,812	2,187	1,994	1,640	1,742	1,903
	Shareholders’ equity	1,906	1,828	2,093	2,060	2,093	2,160	2,735	3,441	3,703	4,141
Returns, %
Returns, %	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
	ROE	28.23	31.39	39.89	40.89	33.47	49.05	63.21	59.23	53.44	43.50

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
GWW W.W. Grainger, Inc.	$62.7B	33.9×	28.6×	+10.25% (above 0%: growing)	+20.32% (above 0%: growing)	+61.65% (above 0%: growing)	39.51%	16.07%
FAST Fastenal Company	$57.8B	41.1×	37.8×	+15.47% (above 0%: growing)	+20.72% (above 0%: growing)	+5.27% (above 0%: growing)	44.85%	21.55%	Compare
FERG Ferguson plc	$44.3B	52.7×	21.2×	+4.64% (above 0%: growing)	+7.04% (above 0%: growing)	−143.52% (below 0%: shrinking)	30.99%	10.20%	Compare
WCC WESCO International, Inc.	$16.9B	23.5×	22.4×	+12.98% (above 0%: growing)	+10.44% (above 0%: growing)	−70.35% (below 0%: shrinking)	21.85%	5.73%	Compare
WSO.B Watsco, Inc.	$16.0B	24.9×	—	+2.06% (above 0%: growing)	−11.50% (below 0%: shrinking)	+17.57% (above 0%: growing)	27.50%	11.32%	Compare
WSO Watsco, Inc.	$12.4B	25.6×	28.8×	+2.06% (above 0%: growing)	−11.50% (below 0%: shrinking)	+17.57% (above 0%: growing)	27.50%	11.32%	Compare
AIT Applied Industrial Technologies, Inc.	$12.3B	29.8×	26.7×	+10.45% (above 0%: growing)	+13.03% (above 0%: growing)	+15.02% (above 0%: growing)	30.40%	11.78%	Compare
QXO QXO, Inc.	$11.6B	— (loss-making)	— (loss-making)	+70.30% (above 0%: growing)	n/m	−27.62% (below 0%: shrinking)	24.74%	(1.29%)	Compare
CNM Core & Main, Inc.	$8.0B	17.3×	19.2×	+2.48% (above 0%: growing)	+8.45% (above 0%: growing)	+83.33% (above 0%: growing)	26.71%	10.58%	Compare
Median of peers	$14.2B	25.6×	24.5×	+7.54%	+8.45%	+10.15%	27.50%	10.95%

All 23 Industrial Distribution stocks →

W.W. Grainger, Inc. (GWW) key facts

Concern: Net income was $1.8 billion, or $35.47 per share (basic), a net margin of 9.51%.
Strength: W.W. Grainger, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $17.9 billion, up 4.51% from fiscal 2024.
W.W. Grainger, Inc. (GWW) is an Industrial Distribution company in the Industrials sector, listed on the New York Stock Exchange.
As of October 16, 2026, GWW traded at $1,330.70, a market capitalization of $62.7 billion.
At that price the stock trades at 33.9× trailing-twelve-month earnings and 3.3× sales; its P/E is higher than 97% of its own readings over the past ten years.
W.W. Grainger, Inc. pays an annual dividend of $9.50 per share, a yield of 0.71%, with a payout ratio of 24.2%.
Return on equity was 43.5% and debt-to-equity 0.53.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 11.75 (safe zone) for fiscal 2025.