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GWWW.W. Grainger, Inc.

Interest Coverage Ratio: 37.76x

popular:market cap|pe ratio|revenue|price history|total return

Is the interest coverage ratio high or low?

The interest coverage ratio of 37.76x is 38% above its 5-year average of 27.40x, near the high end of its 5-year range (15.18x–37.76x).

As of Thursday, June 25, 2026. 17.34% above its 12-month average of 32.18x.

Interest Expense|Total Debt|Debt/Equity|Operating Margin|All Metrics
Interest Coverage

GWW Interest Coverage Ratio

37.76x

Reported quarterly interest coverage; no daily interpolation.

+148.73% 5Y
GWW Interest Coverage Ratio

GWW Average Interest Coverage Ratio Chart

GWW Interest Coverage Ratio

GWW Current vs Average Interest Coverage Ratio Chart

GWW Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

37.76x

INTEREST COVERAGE RATIO AVG TTM

32.18x

INTEREST COVERAGE RATIO AVG 3Y

31.46x

INTEREST COVERAGE RATIO AVG 5Y

27.40x

INTEREST COVERAGE RATIO AVG 10Y

20.75x

INTEREST COVERAGE RATIO AVG 15Y

44.87x

INTEREST COVERAGE RATIO AVG 20Y

50.41x

CURRENT VS TTM AVG

+17.34%

CURRENT VS 3Y AVG

+20.03%

CURRENT VS 5Y AVG

+37.84%

CURRENT VS 10Y AVG

+81.94%

CURRENT VS 15Y AVG

-15.85%

CURRENT VS 20Y AVG

-25.09%

GWW Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
W.W. Grainger, Inc. (GWW)$64.91B37.76x32.18x31.46x27.40x
PACCAR Inc (PCAR)vs ›$61.59B8.55x82.93x443.94x473.70x
Norfolk Southern Corporation (NSC)vs ›$68.24B5.06x4.86x5.11x5.44x
Carrier Global Corporation (CARR)vs ›$61.51B5.53x4.58x5.55x6.80x
Cintas Corporation (CTAS)vs ›$68.40B23.34x21.94x19.49x17.18x
Delta Air Lines, Inc. (DAL)vs ›$60.52B8.57x8.30x6.70x5.65x
Comfort Systems USA, Inc. (FIX)vs ›$69.88B145.70x129.21x79.42x62.41x
TransDigm Group Incorporated (TDG)vs ›$74.27B2.65x2.64x2.43x2.15x
AMETEK, Inc. (AME)vs ›$55.23B23.82x19.79x19.62x17.78x
Illinois Tool Works Inc. (ITW)vs ›$75.86B14.44x14.75x15.84x15.76x

Financial Health Indicators

Interest Coverage

37.8x

Debt/Equity

0.85

Current Ratio

2.83

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Interest Coverage Ratio FAQ

What is the interest coverage ratio for W.W. Grainger, Inc. (GWW)?
The interest coverage ratio for GWW stock is 37.76x.
Is W.W. Grainger, Inc.'s interest coverage ratio high or low?
The interest coverage ratio of 37.76x is 38% above its 5-year average of 27.40x, near the high end of its 5-year range (15.18x–37.76x).
What is the TTM average interest coverage ratio for W.W. Grainger, Inc. (GWW)?
The TTM average interest coverage ratio for GWW stock is 32.18x.
What is the 3Y average interest coverage ratio for W.W. Grainger, Inc. (GWW)?
The 3Y average interest coverage ratio for GWW stock is 31.46x.
What is the 5Y average interest coverage ratio for W.W. Grainger, Inc. (GWW)?
The 5Y average interest coverage ratio for GWW stock is 27.40x.
What is the 10Y average interest coverage ratio for W.W. Grainger, Inc. (GWW)?
The 10Y average interest coverage ratio for GWW stock is 20.75x.
What is the 15Y average interest coverage ratio for W.W. Grainger, Inc. (GWW)?
The 15Y average interest coverage ratio for GWW stock is 44.87x.
What is the 20Y average interest coverage ratio for W.W. Grainger, Inc. (GWW)?
The 20Y average interest coverage ratio for GWW stock is 50.41x.

GWW Interest Coverage Ratio History

DATEINTEREST COVERAGE RATIO
2026-03-3137.76x
2025-12-3131.70x
2025-09-3025.55x
2025-06-3033.90x
2025-03-3132.00x
2024-12-3137.24x
2024-09-3036.11x
2024-06-3032.45x
2024-03-3131.86x
2023-12-3124.22x
2023-09-3030.32x
2023-06-3027.54x
2023-03-3128.33x
2022-12-3123.65x
2022-09-3024.12x
2022-06-3024.27x
2022-03-3123.22x
2021-12-3118.95x
2021-09-3019.91x
2021-06-3015.18x
2021-03-3117.05x
2020-12-3113.10x
2020-09-3016.52x
2020-06-307.32x
2020-03-317.57x
2019-12-319.53x
2019-09-3016.10x
2019-06-3017.27x
2019-03-3117.29x
2018-12-3116.06x
2018-09-308.60x
2018-06-3014.96x
2018-03-3113.39x
2017-12-3111.00x
2017-09-3011.82x
2017-06-3010.33x
2017-03-3115.79x
2016-12-319.80x
2016-09-3017.90x
2016-06-3018.18x
2016-03-3123.10x
2015-12-3118.17x
2015-09-3024.51x
2015-06-3085.26x
2015-03-31214.70x
2014-12-31127.15x
2014-09-30162.18x
2014-06-30123.59x
2014-03-31123.76x
2013-12-3182.22x
2013-09-3092.85x
2013-06-30109.36x
2013-03-31108.43x
2012-12-3148.22x
2012-09-3053.53x
2012-06-30107.90x
2012-03-3199.56x
2011-12-3183.46x
2011-09-30117.50x
2011-06-30133.98x
2011-03-31139.84x
2010-12-31106.61x
2010-09-30128.59x
2010-06-3096.81x
2010-03-3190.09x
2009-12-3181.38x
2009-09-3084.95x
2009-06-3066.41x
2009-03-3171.78x
2008-12-3126.13x
2008-09-3083.65x
2008-06-30406.23x
2003-12-3125.27x
2003-03-3127.18x
2002-12-3137.54x
2002-06-3041.00x

Related Metrics

Interest ExpenseTotal DebtDebt/EquityOperating MarginAll Metrics

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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