FCF Payout Ratio: 33.36%
Is the FCF payout ratio high or low?
The FCF payout ratio of 33.36% is in line with its 5-year average of 34.09%, around the middle of its 5-year range (22.00%–52.35%).
1.38% above its 12-month average of 32.90%.
GWW FCF Payout Ratio
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
GWW Average FCF Payout Ratio Chart
GWW Current vs Average FCF Payout Ratio Chart
GWW FCF Payout Ratio Metrics
FCF PAYOUT RATIO
33.36%
FCF PAYOUT RATIO AVG TTM
32.90%
FCF PAYOUT RATIO AVG 3Y
28.61%
FCF PAYOUT RATIO AVG 5Y
32.17%
FCF PAYOUT RATIO AVG 10Y
36.71%
FCF PAYOUT RATIO AVG 15Y
38.16%
FCF PAYOUT RATIO AVG 20Y
36.34%
CURRENT VS TTM AVG
+1.38%
CURRENT VS 3Y AVG
+16.60%
CURRENT VS 5Y AVG
+3.68%
CURRENT VS 10Y AVG
-9.13%
CURRENT VS 15Y AVG
-12.58%
CURRENT VS 20Y AVG
-8.21%
Payout Ratio Comparison
FCF Payout Ratio TTM
33.4%
Earnings Payout Ratio
26.1%
Dividend Yield
0.67%
FCF Yield
2.12%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $1.33B | $467.00M | 35.1% |
| 2024 | $1.57B | $421.00M | 26.8% |
| 2023 | $1.59B | $392.00M | 24.7% |
| 2022 | $1.08B | $370.00M | 34.4% |
| 2021 | $682.00M | $357.00M | 52.3% |
| 2020 | $926.00M | $338.00M | 36.5% |
| 2019 | $821.00M | $328.00M | 40.0% |
| 2018 | $818.00M | $316.00M | 38.6% |
| 2017 | $819.27M | $304.00M | 37.1% |
| 2016 | $718.73M | $303.00M | 42.2% |
| 2015 | $637.79M | $306.47M | 48.1% |
| 2014 | $572.42M | $291.39M | 50.9% |
| 2013 | $714.35M | $255.47M | 35.8% |
| 2012 | $566.34M | $220.08M | 38.9% |
| 2011 | $534.02M | $180.53M | 33.8% |
| 2010 | $475.83M | $152.34M | 32.0% |
| 2009 | $591.67M | $134.68M | 22.8% |
| 2008 | $349.12M | $121.50M | 34.8% |
| 2007 | $271.45M | $113.09M | 41.7% |
| 2006 | $299.99M | $97.90M | 32.6% |
| 2005 | $320.25M | $82.66M | 25.8% |
| 2004 | $278.21M | $71.24M | 25.6% |
| 2003 | $320.04M | $67.28M | 21.0% |
| 2002 | $169.49M | $66.47M | 39.2% |
| 2001 | $410.34M | $65.44M | 15.9% |
| 2000 | $182.84M | $62.86M | 34.4% |
| 1999 | ($84.40M) | $58.80M | N/A (Loss) |
| 1998 | $204.40M | $56.70M | 27.7% |
| 1997 | $317.80M | $53.90M | 17.0% |
| 1996 | $209.30M | $50.00M | 23.9% |
Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q free cash flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures trailing dividends paid as a percentage of trailing free cash flow. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
FCF Payout Ratio FAQ
- What is the FCF payout ratio for W.W. Grainger, Inc. (GWW)?
- The FCF payout ratio for GWW stock is 33.36%.
- Is W.W. Grainger, Inc.'s FCF payout ratio high or low?
- The FCF payout ratio of 33.36% is in line with its 5-year average of 34.09%, around the middle of its 5-year range (22.00%–52.35%).
- What is the TTM average FCF payout ratio for W.W. Grainger, Inc. (GWW)?
- The TTM average FCF payout ratio for GWW stock is 32.90%.
- What is the 3Y average FCF payout ratio for W.W. Grainger, Inc. (GWW)?
- The 3Y average FCF payout ratio for GWW stock is 28.61%.
- What is the 5Y average FCF payout ratio for W.W. Grainger, Inc. (GWW)?
- The 5Y average FCF payout ratio for GWW stock is 32.17%.
- What is the 10Y average FCF payout ratio for W.W. Grainger, Inc. (GWW)?
- The 10Y average FCF payout ratio for GWW stock is 36.71%.
- What is the 15Y average FCF payout ratio for W.W. Grainger, Inc. (GWW)?
- The 15Y average FCF payout ratio for GWW stock is 38.16%.
- What is the 20Y average FCF payout ratio for W.W. Grainger, Inc. (GWW)?
- The 20Y average FCF payout ratio for GWW stock is 36.34%.
GWW FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-03-31 | 33.36% |
| 2025-12-31 | 35.09% |
| 2025-09-30 | 37.18% |
| 2025-06-30 | 31.07% |
| 2025-03-31 | 27.82% |
| 2024-12-31 | 26.82% |
| 2024-09-30 | 22.00% |
| 2024-06-30 | 23.06% |
| 2024-03-31 | 23.14% |
| 2023-12-31 | 24.72% |
| 2023-09-30 | 27.09% |
| 2023-06-30 | 28.06% |
| 2023-03-31 | 32.52% |
| 2022-12-31 | 34.35% |
| 2022-09-30 | 41.41% |
| 2022-06-30 | 52.30% |
| 2022-03-31 | 48.19% |
| 2021-12-31 | 52.35% |
| 2021-09-30 | 43.15% |
| 2021-06-30 | 36.50% |
| 2021-03-31 | 35.78% |
| 2020-12-31 | 36.50% |
| 2020-09-30 | 39.10% |
| 2020-06-30 | 38.21% |
| 2020-03-31 | 34.81% |
| 2019-12-31 | 39.95% |
| 2019-09-30 | 38.27% |
| 2019-06-30 | 36.44% |
| 2019-03-31 | 39.65% |
| 2018-12-31 | 37.72% |
| 2018-09-30 | 35.23% |
| 2018-06-30 | 35.38% |
| 2018-03-31 | 37.35% |
| 2017-12-31 | 37.16% |
| 2017-09-30 | 38.82% |
| 2017-06-30 | 41.56% |
| 2017-03-31 | 42.07% |
| 2016-12-31 | 42.15% |
| 2016-09-30 | 48.49% |
| 2016-06-30 | 45.47% |
| 2016-03-31 | 44.76% |
| 2015-12-31 | 48.05% |
| 2015-09-30 | 48.17% |
| 2015-06-30 | 50.84% |
| 2015-03-31 | 56.91% |
| 2014-12-31 | 50.91% |
| 2014-09-30 | 52.24% |
| 2014-06-30 | 46.80% |
| 2014-03-31 | 38.61% |
| 2013-12-31 | 35.76% |
| 2013-09-30 | 33.46% |
| 2013-06-30 | 32.72% |
| 2013-03-31 | 36.20% |
| 2012-12-31 | 38.86% |
| 2012-09-30 | 39.29% |
| 2012-06-30 | 43.37% |
| 2012-03-31 | 36.06% |
| 2011-12-31 | 32.87% |
| 2011-09-30 | 35.25% |
| 2011-06-30 | 35.93% |
| 2011-03-31 | 32.95% |
| 2010-12-31 | 31.43% |
| 2010-09-30 | 24.61% |
| 2010-06-30 | 21.62% |
| 2010-03-31 | 20.52% |
| 2009-12-31 | 22.90% |
| 2009-09-30 | 23.80% |
| 2009-06-30 | 25.52% |
| 2009-03-31 | 33.59% |
| 2008-12-31 | 36.26% |
| 2008-09-30 | 43.66% |
| 2008-06-30 | 64.42% |
| 2008-03-31 | 57.76% |
| 2007-12-31 | 41.66% |
| 2007-09-30 | 38.97% |
| 2007-06-30 | 28.96% |
| 2007-03-31 | 28.58% |
| 2006-12-31 | 32.63% |
| 2006-09-30 | 28.60% |
| 2006-06-30 | 30.63% |
| 2006-03-31 | 26.78% |
| 2005-12-31 | 25.81% |
| 2005-09-30 | 32.42% |
| 2005-06-30 | 35.04% |
| 2005-03-31 | 38.02% |
| 2004-12-31 | 25.61% |
| 2004-09-30 | 18.55% |
| 2004-06-30 | 18.03% |
| 2004-03-31 | 18.13% |
| 2003-12-31 | 21.02% |
| 2003-09-30 | 38.23% |
| 2003-06-30 | 37.25% |
| 2003-03-31 | 44.85% |
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.
- Sector
- Industrials
- Industry
- Industrial - Distribution
- CEO
- Donald G. Macpherson