W.W. Grainger, Inc., together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, and the United Kingdom. The company operates through two segments, High-Touch Solutions North America and Endless Assortment. It provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools. The company also offers technical support and inventory management services. It serves smaller businesses to large corporations, government entities, and other institutions, as well as commercial, healthcare, and manufacturing industries through sales and service representatives, and electronic and ecommerce channels. W.W. Grainger, Inc. was founded in 1927 and is headquartered in Lake Forest, Illinois.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $17.9B | $2.8B | $1.7B | $1.3B | 45.7% | 4.5% | -10.6% |
| 2024 | $17.2B | $2.9B | $1.9B | $1.6B | 56.8% | 4.2% | 4.4% |
| 2023 | $16.5B | $2.8B | $1.8B | $1.6B | 58.7% | 8.2% | 18.2% |
| 2022 | $15.2B | $2.4B | $1.5B | $1.1B | 63.4% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 15,228 | 16,478 | 17,168 | 17,942 |
| Operating Revenue | - | 15,228 | 16,478 | 17,168 | 17,942 |
| Cost Of Revenue | - | 9,379 | 9,982 | 10,410 | 10,933 |
| Gross Profit | - | 5,849 | 6,496 | 6,758 | 7,009 |
| Operating Expense | - | 3,634 | 3,931 | 4,121 | 4,514 |
| Selling General And Administration | - | 3,634 | 3,931 | 4,121 | 4,514 |
| Total Expenses | - | 13,013 | 13,913 | 14,531 | 15,447 |
| Operating Income | - | 2,215 | 2,565 | 2,637 | 2,495 |
| Total Operating Income As Reported | - | 2,215 | 2,565 | 2,637 | 2,495 |
| EBITDA | - | 2,444 | 2,807 | 2,898 | 2,765 |
| Normalized EBITDA | - | 2,444 | 2,807 | 2,898 | 2,765 |
| EBIT | - | 2,239 | 2,593 | 2,661 | 2,511 |
| Interest Expense | - | 93 | 93 | 77 | 81 |
| Net Interest Income | - | -93 | -93 | -77 | -81 |
| Other Non Operating Income Expenses | - | 24 | 28 | 24 | 16 |
| Other Income Expense | - | 24 | 28 | 24 | 16 |
| Interest Expense Non Operating | - | 93 | 93 | 77 | 81 |
| Net Non Operating Interest Income Expense | - | -93 | -93 | -77 | -81 |
| Pretax Income | - | 2,146 | 2,500 | 2,584 | 2,430 |
| Tax Provision | - | 533 | 597 | 595 | 622 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 1,613 | 1,903 | 1,989 | 1,808 |
| Net Income From Continuing And Discontinued Operation | - | 1,547 | 1,829 | 1,909 | 1,706 |
| Net Income From Continuing Operation Net Minority Interest | - | 1,547 | 1,829 | 1,909 | 1,706 |
| Net Income | - | 1,547 | 1,829 | 1,909 | 1,706 |
| Net Income Common Stockholders | - | 1,547 | 1,829 | 1,909 | 1,706 |
| Net Income Including Noncontrolling Interests | - | 1,613 | 1,903 | 1,989 | 1,808 |
| Normalized Income | - | 1,547 | 1,829 | 1,909 | 1,706 |
| Diluted NI Availto Com Stockholders | - | 1,547 | 1,829 | 1,909 | 1,706 |
| Basic Average Shares | - | 50.90 | 49.90 | 48.90 | 47.90 |
| Diluted Average Shares | - | 51.10 | 50.10 | 49 | 48 |
| Reconciled Depreciation | - | 205 | 214 | 237 | 254 |
| Reconciled Cost Of Revenue | - | 9,379 | 9,982 | 10,410 | 10,933 |
| Minority Interests | - | -66 | -74 | -80 | -102 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| W.W. Grainger, Inc.this co. | GWW | $60.9B | 35.68 | 16.29 | 45.7% | 22.84 |
| TransDigm Group Incorporated | TDG | $68.7B | 33.12 | -7.09 | -21.4% | 21.00 |
| United Rentals, Inc. | URI | $67.9B | 27.24 | 7.58 | 27.8% | 11.61 |
| Comfort Systems USA, Inc. | FIX | $67.4B | 65.88 | 27.51 | 41.8% | 46.36 |
| Republic Services, Inc. | RSG | $64.0B | 29.90 |
| - |
| - |
| - |
| - |
| - |
| 5.34 |
| 17.9% |
| 15.25 |
| PACCAR Inc | PCAR | $62.1B | 26.15 | 3.23 | 12.3% | 18.86 |
| L3Harris Technologies, Inc. | LHX | $57.7B | 35.93 | 2.94 | 8.2% | 18.05 |
| Carrier Global Corporation | CARR | $56.9B | 38.36 | 4.12 | 10.8% | 19.16 |
| Fastenal Company | FAST | $54.1B | 43.02 | 13.73 | 31.9% | 29.51 |
| Peer Median | - | 34.53 | 4.73 | 15.1% | 19.01 | |