W.W. Grainger Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	17,750	17,168	16,478	15,228	13,022	11,797	Upgrade
Revenue Growth (YoY)	4.83%	4.19%	8.21%	16.94%	10.38%	2.71%	Upgrade
Cost of Revenue	10,811	10,410	9,982	9,379	8,302	7,559	Upgrade
Gross Profit	6,939	6,758	6,496	5,849	4,720	4,238	Upgrade
Selling, General & Admin	4,144	4,016	3,823	3,550	3,088	2,946	Upgrade
Amortization of Goodwill & Intangibles	70	70	64	61	63	60	Upgrade
Operating Expenses	4,214	4,086	3,887	3,611	3,151	3,006	Upgrade
Operating Income	2,725	2,672	2,609	2,238	1,569	1,232	Upgrade
Interest Expense	-78	-77	-93	-93	-87	-93	Upgrade
Other Non Operating Income (Expenses)	-3	5	10	1	3	4	Upgrade
EBT Excluding Unusual Items	2,644	2,600	2,526	2,146	1,485	1,143	Upgrade
Merger & Restructuring Charges	-212	-16	-	-	-	-9	Upgrade
Impairment of Goodwill	-	-	-	-	-	-187	Upgrade
Gain (Loss) on Sale of Assets	-	-	-26	-	-	-	Upgrade
Pretax Income	2,432	2,584	2,500	2,146	1,485	947	Upgrade
Income Tax Expense	606	595	597	533	371	192	Upgrade
Earnings From Continuing Operations	1,826	1,989	1,903	1,613	1,114	755	Upgrade
Minority Interest in Earnings	-96	-80	-74	-66	-71	-60	Upgrade
Net Income	1,730	1,909	1,829	1,547	1,043	695	Upgrade
Net Income to Common	1,730	1,909	1,829	1,547	1,043	695	Upgrade
Net Income Growth	-5.41%	4.37%	18.23%	48.32%	50.07%	-18.14%	Upgrade
Shares Outstanding (Basic)	48	49	50	51	52	54	Upgrade
Shares Outstanding (Diluted)	48	49	50	51	52	54	Upgrade
Shares Change (YoY)	-2.23%	-2.20%	-1.96%	-2.11%	-2.79%	-2.19%	Upgrade
EPS (Basic)	35.93	39.04	36.65	30.39	20.10	12.99	Upgrade
EPS (Diluted)	35.69	38.71	36.23	30.06	19.84	12.82	Upgrade
EPS Growth	-3.25%	6.84%	20.53%	51.51%	54.76%	-16.32%	Upgrade
Free Cash Flow	1,232	1,570	1,586	1,077	682	926	Upgrade
Free Cash Flow Per Share	25.57	32.04	31.66	21.08	13.06	17.24	Upgrade
Dividend Per Share	8.620	8.010	7.300	6.780	6.390	5.940	Upgrade
Dividend Growth	10.23%	9.73%	7.67%	6.10%	7.58%	4.58%	Upgrade
Gross Margin	39.09%	39.36%	39.42%	38.41%	36.25%	35.92%	Upgrade
Operating Margin	15.35%	15.56%	15.83%	14.70%	12.05%	10.44%	Upgrade
Profit Margin	9.75%	11.12%	11.10%	10.16%	8.01%	5.89%	Upgrade
Free Cash Flow Margin	6.94%	9.14%	9.63%	7.07%	5.24%	7.85%	Upgrade
EBITDA	2,977	2,909	2,823	2,443	1,756	1,414	Upgrade
EBITDA Margin	16.77%	16.94%	17.13%	16.04%	13.48%	11.99%	Upgrade
D&A For EBITDA	252	237	214	205	187	182	Upgrade
EBIT	2,725	2,672	2,609	2,238	1,569	1,232	Upgrade
EBIT Margin	15.35%	15.56%	15.83%	14.70%	12.05%	10.44%	Upgrade
Effective Tax Rate	24.92%	23.03%	23.88%	24.84%	24.98%	20.28%	Upgrade

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q