W.W. Grainger GWW

Industrial supply distribution. W.W. Grainger, Inc., listed on NYSE.

Based on the FY2025 annual report (Jan 2025 – Dec 2025)

W.W. Grainger's market cap is
about $68.51 billion.

#172 by market cap among 289 companies, based on the Nov 5, 2026 close. FY2025 revenue was $17.942B.

Share price (close): $1,451.39; Close on Nov 5, 2026 · per share
P/E ratio: 41.0x; Closing price ÷ latest annual EPS
Market cap: $68.51B; #172 of 289
Revenue: $17.942B; #167 of 299 · +4.5% YoY
Operating income: $2.495B; #145 of 231 · −5.4% YoY
Net income: $1.706B; #205 of 298 · −10.6% YoY
Free cash flow: $1.331B; #200 of 261 · −15.2% YoY
Total assets: $8.962B; #277 of 299 · +1.5% YoY
Dividends paid: $467M; #178 of 214 · +10.9% YoY
Dividend per share: $8.83; #11 of 205 · +10.2% YoY
Dividend yield: 0.6%; #173 of 203
Shares outstanding: 48,000,000 shares; As of Dec 31, 2025

Size, put in perspective

Revenue every second$569$49.2M a day

Net income every second$54$4.67M a day

Buying Honeywell with a year's profit2.5% of itBased on Honeywell's market cap of about $68.48 billion

Market cap vs Honeywell1.0×W.W. Grainger ÷ Honeywell

Calculated from the FY2025 annual report, spread evenly over 365 days.

Where the revenue went

Revenue is set at 100% and split into what went to costs, R&D, operating expenses and taxes, and what was left as profit.

Cost of revenue60.9%
SG&A and other25.2%
Taxes, interest & other4.4%
Net income9.5%

Profitability and stability

Each figure comes with its rank among 300 companies. The further right the dot, the higher the rank.

Revenue growthHow much revenue grew from the previous fiscal year: +4.5%; #204 of 299; Revenue was roughly flat. The median across 299 companies is +7.9%.
Operating marginShare of revenue kept as profit from the core business: 13.9%; #148 of 231; 13.9% of revenue was kept as operating profit, which is on the low side. The median across 231 companies is 19.2%.
Net marginShare of revenue left as profit after interest and taxes: 9.5%; #208 of 298; After taxes, 9.5% of revenue was left as net income. The median across 298 companies is 14.0%.
FCF marginShare of revenue left as cash after capital spending: 7.4%; #196 of 261; Cash is left over after capital spending. The median across 261 companies is 15.8%.
ROEHow much profit the company earned on shareholders' equity in a year: 48.1%; #42 of 276; Earns a lot relative to its equity. The median across 276 companies is 16.8%.
Debt-to-equityLiabilities relative to equity. Lower means less debt: 139.9%; #105 of 244; Liabilities exceed equity. The median across 244 companies is 159.6%.

Revenue and profit over time

Gray bars show revenue and the green part inside shows net income. The number above each bar is revenue (abbreviated) and the number below is net margin. Hover over a bar to see the exact amounts.

Currency: US dollars. Years are the years in which each fiscal year ended.

Where the cash went

Unlike profit, cash flow is money that actually came in and went out.

Cash from operations$2.015B
Capital spending−$684M
Free cash flow (FCF)$1.331B
Dividends paid−$467M

Whose money funds the assets

The company's assets, split into borrowed money (liabilities) and shareholders' money (equity).

Liabilities 58%Equity 42%

Total assets$8.962B
Total liabilities$5.226B
Total equity$3.736B
Cash and equivalents$585M

Compared with similar companies

Based on each company's latest annual report, so fiscal year ends may differ.

Compare in detail

Company	Annual revenue	Net income	Revenue growth	Operating margin	Net margin
W.W. GraingerGWW	$17.942B	$1.706B	+4.5%	13.9%	9.5%
HoneywellHON	$37.442B	$4.729B	+7.8%	21.7%	12.6%
TransDigmTDG	$8.831B	$2.074B	+11.2%	47.2%	23.5%
VertivVRT	$10.2299B	$1.3328B	+27.7%	17.9%	13.0%
United RentalsURI	$16.099B	$2.494B	+4.9%	24.7%	15.5%

What the company does

Grainger distributes the tools, safety supplies and parts that businesses need to maintain factories and facilities.

The fiscal year ends around December each year.

Related companies: Honeywell, TransDigm, Vertiv, United Rentals

Financial statements

Last 5 fiscal years. Currency: US dollars.

Show the table

Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	13.022B	15.228B	16.478B	17.168B	17.942B
Cost of revenue	8.302B	9.379B	9.982B	10.41B	10.933B
Gross profit	4.72B	5.849B	6.496B	6.758B	7.009B
Operating income	1.547B	2.215B	2.565B	2.637B	2.495B
Pretax income	1.485B	2.146B	2.5B	2.584B	2.43B
Net income	1.043B	1.547B	1.829B	1.909B	1.706B
EPS (diluted)	$19.84	$30.06	$36.23	$38.71	$35.40
Operating cash flow	937M	1.333B	2.031B	2.111B	2.015B
Capital expenditures	255M	256M	445M	541M	684M
Free cash flow (FCF)	682M	1.077B	1.586B	1.57B	1.331B
Dividends paid	357M	370M	392M	421M	467M
Total assets	6.592B	7.588B	8.147B	8.829B	8.962B
Total liabilities	4.432B	4.853B	4.706B	5.471B	5.226B
Total equity	2.16B	2.735B	3.441B	3.358B	3.736B
Cash and equivalents	241M	325M	660M	1.036B	585M
Original filing	10-K	10-K	10-K	10-K	10-K

Source: SEC EDGAR filings for W.W. Grainger, Inc. · CIK 0000277135 · US-GAAP