W.W. Grainger, Inc. (GWW)GWWW.W. Grainger, Inc.

Income Statement

Revenue, expenses, and profitability analysis

Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	18.378B	4.742B	4.425B	4.657B	4.554B	4.306B	4.233B	4.388B	4.312B
Cost of Goods Sold	11.183B	2.846B	2.679B	2.859B	2.799B	2.596B	2.557B	2.668B	2.618B
Gross Profit	7.195B	1.896B	1.746B	1.798B	1.755B	1.710B	1.676B	1.720B	1.694B
Gross Profit Margin	40.0%	40.0%	39.5%	38.6%	38.5%	39.7%	39.6%	39.2%	39.3%
Total Operating Expenses	4.579B	1.103B	1.112B	1.287B	1.077B	1.038B	1.043B	1.034B	1.045B
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	4.579B	1.103B	1.112B	1.287B	1.077B	1.038B	1.043B	1.034B	1.045B
Operating Income (EBIT)	2.616B	793.000M	634.000M	511.000M	678.000M	672.000M	633.000M	686.000M	649.000M
Operating Margin	16.7%	16.7%	14.3%	11.0%	14.9%	15.6%	15.0%	15.6%	15.1%
Income Before Tax (EBT)	2.548B	775.000M	620.000M	492.000M	661.000M	657.000M	622.000M	671.000M	636.000M
Interest Income	—	—	—	—	—	—	—	—	—
Interest Expense	81.000M	21.000M	20.000M	20.000M	20.000M	21.000M	17.000M	19.000M	20.000M
Other Income/Expense	-68.000M	-18.000M	-14.000M	-19.000M	-17.000M	-15.000M	-11.000M	-15.000M	-13.000M
Net Income	1.782B	555.000M	451.000M	294.000M	482.000M	479.000M	475.000M	486.000M	470.000M
Income Tax Expense	659.000M	194.000M	141.000M	171.000M	153.000M	157.000M	125.000M	166.000M	146.000M
Net Profit Margin	11.7%	11.7%	10.2%	6.3%	10.6%	11.1%	11.2%	11.1%	10.9%
EBITDA	2.884B	858.000M	704.000M	577.000M	745.000M	739.000M	701.000M	749.000M	716.000M
EBITDA Margin	18.1%	18.1%	15.9%	12.4%	16.4%	17.2%	16.6%	17.1%	16.6%
Depreciation & Amortization	255.000M	62.000M	64.000M	65.000M	64.000M	61.000M	62.000M	59.000M	60.000M
EPS Basic	37.32	11.73	9.45	6.10	10.04	9.88	9.74	9.96	9.59
EPS Diluted	37.20	11.65	9.44	6.09	10.02	9.86	9.71	9.94	9.55
Shares Outstanding	47.300M	47.300M	47.500M	48.000M	48.100M	48.200M	48.600M	48.800M	49.000M
Diluted Shares Outstanding	47.400M	47.400M	47.600M	48.100M	48.200M	48.300M	48.700M	48.900M	49.200M

Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	17.942B	17.168B	16.478B	15.228B	13.022B	11.797B	11.486B	11.221B
Cost of Goods Sold	10.933B	10.480B	9.982B	9.379B	8.302B	7.559B	7.089B	6.873B
Gross Profit	7.009B	6.688B	6.496B	5.849B	4.720B	4.238B	4.397B	4.348B
Gross Profit Margin	39.1%	39.0%	39.4%	38.4%	36.2%	35.9%	38.3%	38.7%
Total Operating Expenses	4.318B	4.051B	3.931B	3.634B	3.173B	3.219B	3.135B	3.190B
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	4.318B	4.016B	3.931B	3.634B	3.173B	3.219B	3.135B	3.190B
Operating Income (EBIT)	2.691B	2.637B	2.565B	2.215B	1.547B	1.019B	1.262B	1.158B
Operating Margin	15.0%	15.4%	15.6%	14.5%	11.9%	8.6%	11.0%	10.3%
Income Before Tax (EBT)	2.430B	2.584B	2.500B	2.146B	1.485B	947.000M	1.209B	1.081B
Interest Income	—	—	—	—	—	—	—	6.000M
Interest Expense	81.000M	77.000M	93.000M	93.000M	87.000M	93.000M	79.000M	88.000M
Other Income/Expense	-261.000M	-53.000M	-65.000M	-69.000M	-62.000M	-72.000M	-53.000M	-77.000M
Net Income	1.706B	1.909B	1.829B	1.547B	1.043B	695.000M	849.000M	782.000M
Income Tax Expense	622.000M	595.000M	597.000M	533.000M	371.000M	192.000M	314.000M	258.000M
Net Profit Margin	9.5%	11.1%	11.1%	10.2%	8.0%	5.9%	7.4%	7.0%
EBITDA	2.765B	2.898B	2.807B	2.404B	1.738B	1.216B	1.516B	1.423B
EBITDA Margin	15.4%	16.9%	17.0%	15.8%	13.3%	10.3%	13.2%	12.7%
Depreciation & Amortization	254.000M	237.000M	214.000M	200.000M	186.000M	176.000M	228.000M	254.000M
EPS Basic	35.47	39.04	36.65	30.39	20.10	12.99	15.52	13.93
EPS Diluted	35.40	38.71	36.51	30.27	19.98	12.94	15.46	13.83
Shares Outstanding	47.900M	48.900M	49.900M	50.900M	51.900M	53.500M	54.700M	56.143M
Diluted Shares Outstanding	48.000M	49.000M	50.100M	51.100M	52.200M	53.700M	54.900M	56.534M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About W.W. Grainger, Inc.

W.W. Grainger, Inc. stands as a significant global supplier of maintenance, repair, and operating (MRO) supplies and related services. Its market presence spans several international regions, including the United States, Japan, Canada, and the United Kingdom. The company structures its operations into two principal divisions: High-Touch Solutions N.A. and Endless Assortment. Grainger's extensive product offerings cover essential categories such as safety and security provisions, equipment for material handling and storage, plumbing and pump components, cleaning and facility upkeep items, and both metalworking and general hand tools. Furthermore, it delivers vital support functions, including inventory management and expert technical assistance. The firm serves a wide array of organizational customers, from private businesses and large corporations to government bodies and other institutions, reaching them through both dedicated sales and service teams and its robust digital and e-commerce platforms. Established in 1927, W.W. Grainger, Inc. maintains its corporate headquarters in Lake Forest, Illinois.

Lake Forest, IL

23,500 employees

www.grainger.com

Industrials / Industrial - Distribution

Sector: Industrials
Industry: Industrial - Distribution
CEO: Donald G. Macpherson

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