Export financials
W.W. Grainger (GWW)
The export includes the complete available history of financial statements and ratios. Numbers are provided in full, without million or billion abbreviations, in their original reporting units.
CSV downloads as a ZIP archive with one file for each report and frequency.

W.W. Grainger Income Statement 2025-2006 | GWW
Brief overview of profit and loss at W.W. Grainger
This overview is based on financial performance over the past five years. The revenue attributed to W.W. Grainger moved from 11.8 billion dollars to 17.9 billion dollars between the two endpoints. The total change was +52.1%, with a CAGR of approximately 8.7%. Sales increased steadily, although without strong acceleration.
Gross profit was $4.2 billion at the start and $7 billion at the end of the period (+65.4%). Direct costs grew more slowly than revenue and improved the economics of sales. Gross margin moved from 35.9% to 39.1%. A wider margin shows that the economics of the core business improved.
EBITDA was $1.2 billion at the beginning and $2.8 billion at the end of the period (+137.8%). Additional revenue translated efficiently into EBITDA. At the operating-margin level, the figure shifted from 10.1% to 15.7%. The company improved its ability to convert sales into EBITDA.
The net result moved from 695 million dollars to 1.7 billion dollars, or +145.5%. Revenue converted into net income more efficiently.
The five-year change in capitalization reached +182.6%: from $19.1 billion to $53.9 billion. The share-price trend was broadly consistent with improving results.
Overall conclusion
The financial trajectory looks strong and well balanced. The financial profile benefits from better sales economics, revenue expansion and an improving EBITDA margin. The key question is whether sales can be converted into sustainable profit.
Annual Income Statement W.W. Grainger
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
53.9 B | 50.1 B | 48 B | 33.5 B | 25.5 B | 19.1 B | 17.1 B | 16.6 B | 15.9 B | 15.4 B | 12.8 B | 16.1 B | 16.5 B | 15.3 B | 13.5 B | 7.1 B | 6.12 B | 6.89 B | 7.31 B | - |
Shares |
47.9 M | 48.9 M | 49.9 M | 50.9 M | 51.9 M | 53.5 M | 54.7 M | 56.1 M | 57.7 M | 60.4 M | 65.2 M | 68.3 M | 69.5 M | 69.8 M | 69.7 M | 70.8 M | 73.8 M | 76.6 M | 82.4 M | - |
Historical Prices |
1.13 K | 1.03 K | 961 | 658 | 492 | 356 | 291 | 278 | 249 | 227 | 173 | 204 | 199 | 182 | 157 | 100 | 82.9 | 89.9 | 88.7 | 73.5 |
Net Income |
1.71 B | 1.91 B | 1.83 B | 1.55 B | 1.04 B | 695 M | 849 M | 782 M | 586 M | 606 M | 769 M | 802 M | 797 M | 690 M | 658 M | 511 M | 430 M | 475 M | 420 M | - |
Revenue |
17.9 B | 17.2 B | 16.5 B | 15.2 B | 13 B | 11.8 B | 11.5 B | 11.2 B | 10.4 B | 10.1 B | 9.97 B | 9.96 B | 9.44 B | 8.95 B | 8.08 B | - | - | - | - | - |
Cost of Revenue |
10.9 B | 10.4 B | 9.98 B | 9.38 B | 8.3 B | 7.56 B | 7.09 B | 6.87 B | 6.33 B | 6.02 B | 5.74 B | 5.65 B | 5.3 B | 5.03 B | 4.57 B | 4.18 B | 3.62 B | 4.04 B | 3.81 B | - |
Gross Profit |
7.01 B | 6.76 B | 6.5 B | 5.85 B | 4.72 B | 4.24 B | 4.4 B | 4.35 B | 4.1 B | 4.11 B | 4.23 B | 4.31 B | 4.14 B | 3.92 B | 3.51 B | 3.01 B | 2.6 B | 2.81 B | 2.6 B | - |
Operating Income |
2.5 B | 2.64 B | 2.56 B | 2.22 B | 1.55 B | 1.02 B | 1.26 B | 1.16 B | 1.04 B | 1.11 B | 1.3 B | 1.35 B | 1.3 B | 1.13 B | 1.05 B | 860 M | 665 M | 783 M | 671 M | - |
Interest Expense |
16 M | 24 M | 28 M | 24 M | 25 M | 21 M | 26 M | 88 M | 80.5 M | 66.3 M | 33.6 M | 10.1 M | 13.2 M | 16.1 M | 9.09 M | 8.19 M | 8.77 M | 14.5 M | 2.97 M | - |
EBITDA |
2.82 B | 2.95 B | 2.84 B | 2.42 B | 1.72 B | 1.19 B | 1.49 B | 1.42 B | 1.31 B | 1.37 B | 1.53 B | 1.56 B | 1.48 B | 1.29 B | 1.2 B | 1.01 B | 813 M | 922 M | 803 M | - |
Operating Expenses |
4.51 B | 4.12 B | 3.93 B | 3.63 B | 3.17 B | 3.22 B | 3.14 B | 3.19 B | 3.05 B | 3 B | 2.93 B | 2.97 B | 2.84 B | 2.79 B | 2.46 B | 2.15 B | 1.93 B | 2.03 B | 1.93 B | - |
General and Administrative Expenses |
4.51 B | 4.12 B | 3.93 B | 3.63 B | 3.17 B | 3.22 B | 3.14 B | 3.19 B | 3.05 B | 3 B | 2.93 B | 2.97 B | 2.84 B | 2.79 B | 2.46 B | 2.15 B | 1.93 B | 2.03 B | 1.93 B | - |
Annual performance
Select metrics to display
All numbers in USD currency
Quarterly Income Statement W.W. Grainger
| 2026-Q3 | 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q4 | 2010-Q3 | 2010-Q2 | 2010-Q1 | 2009-Q4 | 2009-Q3 | 2009-Q2 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
47 M | 47.2 M | 47.3 M | -100 K | 47.8 M | 48 M | 48.2 M | -100 K | 48.8 M | 49 M | 49.2 M | -200 K | 49.9 M | 50.1 M | 50.2 M | -100 K | 50.8 M | 51 M | 51.1 M | -200 K | 51.8 M | 52.2 M | 52.3 M | -100 K | 53.6 M | 53.5 M | 53.6 M | -300 K | 54.1 M | 55.1 M | 55.6 M | -72.3 K | 56.3 M | 56.1 M | 56.1 M | -310 K | 57.3 M | 58 M | 58.7 M | -424 K | 60 M | 60.9 M | 61.7 M | -1.03 M | 64.7 M | 66.7 M | 67.2 M | -147 K | 68.3 M | 68.5 M | 68.7 M | -107 K | 69.5 M | 69.7 M | 69.6 M | -85 K | 69.6 M | 69.9 M | 70.1 M | 69.2 M | 69.8 M | 69.6 M | 69.4 M | -547 K | 69.9 M | 71.7 M | 72.6 M | -134 K | 74 M | 73.4 M |
Net Income |
616 M | 600 M | 581 M | 479 M | 321 M | 508 M | 500 M | 497 M | 505 M | 490 M | 497 M | 412 M | 493 M | 490 M | 508 M | 397 M | 442 M | 389 M | 385 M | 301 M | 315 M | 243 M | 255 M | 168 M | 256 M | 129 M | 185 M | 103 M | 244 M | 272 M | 250 M | 209 M | 103 M | 235 M | 230 M | 151 M | 161 M | 97.3 M | 173 M | 60.7 M | 184 M | 171 M | 185 M | 145 M | 190 M | 218 M | 209 M | 149 M | 228 M | 204 M | 214 M | 157 M | 208 M | 221 M | 215 M | 156 M | 158 M | 193 M | 189 M | 148 M | 184 M | 172 M | 159 M | 132 M | 151 M | 130 M | 99.4 M | 97.1 M | 145 M | 92.5 M |
Revenue |
5.18 B | 5.02 B | 4.74 B | 4.42 B | 4.66 B | 4.55 B | 4.31 B | 4.23 B | 4.39 B | 4.31 B | 4.24 B | 4 B | 4.21 B | 4.18 B | 4.09 B | 3.8 B | 3.94 B | 3.84 B | 3.65 B | 3.36 B | 3.37 B | 3.21 B | 3.08 B | 2.94 B | 3.02 B | 2.84 B | 3 B | 2.85 B | 2.95 B | 2.89 B | 2.8 B | 2.76 B | 2.83 B | 2.86 B | 2.77 B | 2.63 B | 2.64 B | 2.62 B | 2.54 B | 2.47 B | 2.6 B | 2.56 B | 2.51 B | 2.48 B | 2.53 B | 2.52 B | 2.44 B | 2.51 B | 2.56 B | 2.51 B | 2.39 B | 2.38 B | 2.4 B | 2.38 B | 2.28 B | 2.23 B | 2.28 B | 2.25 B | 2.19 B | 2.08 B | 2.11 B | 2 B | 1.88 B | - | - | - | - | - | - | 1.53 B |
Cost of Revenue |
3.17 B | 3.04 B | 2.85 B | 2.68 B | 2.86 B | 2.8 B | 2.6 B | 2.56 B | 2.67 B | 2.62 B | 2.57 B | 2.43 B | 2.55 B | 2.54 B | 2.46 B | 2.3 B | 2.42 B | 2.4 B | 2.26 B | 2.11 B | 2.12 B | 2.08 B | 1.99 B | 1.91 B | 1.94 B | 1.82 B | 1.88 B | 1.76 B | 1.85 B | 1.77 B | 1.7 B | 1.7 B | 1.75 B | 1.75 B | 1.67 B | 1.61 B | 1.62 B | 1.58 B | 1.52 B | 1.48 B | 1.56 B | 1.52 B | 1.46 B | 1.48 B | 1.47 B | 1.45 B | 1.35 B | 1.46 B | 1.46 B | 1.43 B | 1.31 B | 1.37 B | 1.35 B | 1.33 B | 1.25 B | 1.26 B | 1.29 B | 1.27 B | 1.22 B | 1.17 B | 1.2 B | 1.14 B | 1.05 B | 1.06 B | 1.11 B | 1.04 B | 967 M | 950 M | 930 M | 908 M |
Gross Profit |
2.01 B | 1.98 B | 1.9 B | 1.75 B | 1.8 B | 1.76 B | 1.71 B | 1.68 B | 1.72 B | 1.69 B | 1.67 B | 1.56 B | 1.66 B | 1.64 B | 1.63 B | 1.51 B | 1.52 B | 1.44 B | 1.38 B | 1.25 B | 1.25 B | 1.12 B | 1.09 B | 1.03 B | 1.07 B | 1.02 B | 1.12 B | 1.08 B | 1.1 B | 1.12 B | 1.1 B | 1.07 B | 1.08 B | 1.11 B | 1.09 B | 1.02 B | 1.02 B | 1.04 B | 1.02 B | 990 M | 1.04 B | 1.04 B | 1.05 B | 1 B | 1.06 B | 1.07 B | 1.09 B | 1.05 B | 1.1 B | 1.08 B | 1.08 B | 1.01 B | 1.05 B | 1.05 B | 1.03 B | 970 M | 994 M | 978 M | 974 M | 906 M | 913 M | 862 M | 830 M | 763 M | 790 M | 747 M | 706 M | 684 M | 660 M | 625 M |
Operating Income |
828 M | 807 M | 793 M | 634 M | 511 M | 678 M | 672 M | 633 M | 686 M | 649 M | 669 M | 557 M | 667 M | 661 M | 680 M | 544 M | 603 M | 534 M | 534 M | 417 M | 438 M | 334 M | 358 M | 275 M | 380 M | 205 M | 159 M | 181 M | 338 M | 380 M | 363 M | 290 M | 189 M | 344 M | 335 M | 236 M | 277 M | 229 M | 293 M | 174 M | 323 M | 306 M | 317 M | 252 M | 341 M | 357 M | 351 M | 267 M | 386 M | 341 M | 354 M | 257 M | 347 M | 350 M | 343 M | 258 M | 254 M | 314 M | 304 M | 221 M | 303 M | 265 M | 263 M | 211 M | 251 M | 215 M | 183 M | 165 M | 187 M | 154 M |
Interest Expense |
-21 M | -20 M | -21 M | 77 M | -20 M | -20 M | -21 M | -17 M | -19 M | -20 M | -21 M | -23 M | -22 M | -24 M | -24 M | -23 M | -25 M | -22 M | -23 M | -22 M | -22 M | -22 M | -21 M | -21 M | -23 M | -28 M | -21 M | -19 M | -20 M | -21 M | -19 M | -110 M | 2 M | 1 M | 25 M | -106 M | 521 K | 692 K | 18.7 M | 13.3 M | -1.19 M | -538 K | 13.7 M | -1.61 M | -1.88 M | 178 K | 1.64 M | 2.1 M | 2.38 M | 2.76 M | 2.86 M | 3.12 M | 3.73 M | 3.2 M | 3.17 M | 5.36 M | 4.75 M | 2.91 M | 3.06 M | 2.65 M | 2.58 M | 1.98 M | 1.88 M | 1.98 M | 1.95 M | 2.22 M | 2.03 M | 2.03 M | 2.2 M | 2.32 M |
EBITDA |
913 M | 892 M | 855 M | 486 M | 595 M | 762 M | 733 M | 492 M | 763 M | 727 M | 725 M | 464 M | 722 M | 713 M | 730 M | 446 M | 655 M | 589 M | 586 M | 343 M | 483 M | 383 M | 401 M | 198 M | 422 M | 255 M | 204 M | 88 M | 396 M | 436 M | 420 M | 190 M | 253 M | 408 M | 399 M | 258 M | 216 M | 295 M | 355 M | 78.8 M | 386 M | 363 M | 373 M | 152 M | 398 M | 411 M | 404 M | 173 M | 439 M | 389 M | 400 M | 146 M | 392 M | 392 M | 382 M | 158 M | 294 M | 351 M | 341 M | 130 M | 341 M | 299 M | 295 M | 114 M | 289 M | 251 M | 219 M | 165 M | 222 M | 222 M |
Operating Expenses |
1.18 B | 1.18 B | 1.1 B | 1.11 B | 1.29 B | 1.08 B | 1.04 B | 1.04 B | 1.03 B | 1.04 B | 999 M | 1.01 B | 988 M | 983 M | 954 M | 962 M | 916 M | 907 M | 849 M | 836 M | 812 M | 790 M | 735 M | 752 M | 694 M | 811 M | 962 M | 901 M | 761 M | 741 M | 732 M | 776 M | 890 M | 767 M | 757 M | 786 M | 740 M | 811 M | 726 M | 815 M | 717 M | 734 M | 728 M | 751 M | 721 M | 717 M | 742 M | 788 M | 717 M | 740 M | 722 M | 750 M | 705 M | 697 M | 688 M | 711 M | 740 M | 664 M | 670 M | 684 M | 610 M | 597 M | 567 M | 552 M | 538 M | 532 M | 523 M | 519 M | 473 M | 471 M |
General and Administrative Expenses |
1.18 B | 1.18 B | 1.1 B | 1.11 B | 1.29 B | 1.08 B | 1.04 B | 1.04 B | 1.03 B | 1.04 B | 999 M | 1.01 B | 988 M | 983 M | 954 M | 962 M | 916 M | 907 M | 849 M | 836 M | 812 M | 790 M | 735 M | 752 M | 694 M | 811 M | 962 M | 901 M | 761 M | 741 M | 732 M | 776 M | 890 M | 767 M | 757 M | 786 M | 740 M | 811 M | 726 M | 815 M | 717 M | 734 M | 728 M | 751 M | 721 M | 717 M | 742 M | 788 M | 717 M | 740 M | 722 M | 750 M | 705 M | 697 M | 688 M | 711 M | 740 M | 664 M | 670 M | 684 M | 610 M | 597 M | 567 M | 552 M | 538 M | 532 M | 523 M | 519 M | 473 M | 471 M |
Quarterly performance
Select metrics to display
All numbers in USD currency
The income statement is one of the three key financial reports of a company W.W. Grainger (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.
Reports on the profits and losses of other stocks in the Industrial products industry
| Issuer | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|
|
Fastenal Company
FAST
|
$ 54.84 | 0.49 % | $ 62.9 B | ||
|
Titan Machinery
TITN
|
$ 23.7 | -1.74 % | $ 539 M | ||
|
Transcat
TRNS
|
$ 106.53 | -2.77 % | $ 994 M | ||
|
Huttig Building Products
HBP
|
- | - | $ 292 M | ||
|
WESCO International
WCC
|
$ 316.91 | 0.14 % | $ 15.4 B | ||
|
Deswell Industries
DSWL
|
$ 3.15 | 2.16 % | $ 50.2 M | ||
|
Euro Tech Holdings Company Limited
CLWT
|
$ 1.19 | -2.52 % | $ 9.4 B | ||
|
DXP Enterprises
DXPE
|
$ 155.25 | -0.82 % | $ 2.43 B | ||
|
China Yuchai International Limited
CYD
|
$ 20.42 | -1.16 % | $ 803 M | ||
|
EVI Industries
EVI
|
$ 22.1 | 1.7 % | $ 284 M | ||
|
Applied Industrial Technologies
AIT
|
$ 298.84 | 0.51 % | $ 11.2 B | ||
|
Park-Ohio Holdings Corp.
PKOH
|
$ 46.62 | -0.45 % | $ 642 M | ||
|
Taylor Devices
TAYD
|
$ 58.8 | -0.98 % | $ 253 M | ||
|
SiteOne Landscape Supply
SITE
|
$ 116.25 | -1.01 % | $ 5.21 B | ||
|
Houston Wire & Cable Company
HWCC
|
- | 0.19 % | $ 89.5 M | ||
|
Lawson Products, Inc.
LAWS
|
- | -1.77 % | $ 785 M | ||
|
Systemax Inc.
SYX
|
- | 3.53 % | $ 1.33 B | ||
|
Watsco
WSO
|
$ 311.47 | -1.56 % | $ 11.8 B | ||
|
MSC Industrial Direct Co.
MSM
|
$ 119.23 | 0.73 % | $ 6.66 B |