W.W. Grainger, Inc. (GWW)

W.W. Grainger Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	17,239	17,168	16,478	15,228	13,022	11,797
Revenue Growth (YoY)	3.71%	4.19%	8.21%	16.94%	10.38%	2.71%
Cost of Revenue	10,439	10,410	9,982	9,379	8,302	7,559
Gross Profit	6,800	6,758	6,496	5,849	4,720	4,238
Selling, General & Admin	4,055	4,016	3,823	3,550	3,088	2,946
Operating Expenses	4,125	4,086	3,887	3,611	3,151	3,006
Operating Income	2,675	2,672	2,609	2,238	1,569	1,232
Interest Expense	-77	-77	-93	-93	-87	-93
Other Non Operating Income (Expenses)	4	5	10	1	3	4
EBT Excluding Unusual Items	2,602	2,600	2,526	2,146	1,485	1,143
Merger & Restructuring Charges	-16	-16	-	-	-	-9
Impairment of Goodwill	-	-	-	-	-	-187
Gain (Loss) on Sale of Assets	-	-	-26	-	-	-
Pretax Income	2,586	2,584	2,500	2,146	1,485	947
Income Tax Expense	594	595	597	533	371	192
Earnings From Continuing Operations	1,992	1,989	1,903	1,613	1,114	755
Minority Interest in Earnings	-82	-80	-74	-66	-71	-60
Net Income	1,910	1,909	1,829	1,547	1,043	695
Net Income to Common	1,910	1,909	1,829	1,547	1,043	695
Net Income Growth	5.00%	4.37%	18.23%	48.32%	50.07%	-18.14%
Shares Outstanding (Basic)	49	49	50	51	52	54
Shares Outstanding (Diluted)	49	49	50	51	52	54
Shares Change (YoY)	-2.21%	-2.20%	-1.96%	-2.11%	-2.79%	-2.19%
EPS (Basic)	39.26	39.04	36.65	30.39	20.10	12.99
EPS (Diluted)	38.95	38.71	36.23	30.06	19.84	12.82
EPS Growth	7.51%	6.84%	20.53%	51.51%	54.76%	-16.32%
Free Cash Flow	1,549	1,570	1,586	1,077	682	926
Free Cash Flow Per Share	31.79	32.04	31.66	21.08	13.06	17.24
Dividend Per Share	8.200	8.010	7.300	6.780	6.390	5.940
Dividend Growth	10.21%	9.73%	7.67%	6.10%	7.58%	4.58%
Gross Margin	39.45%	39.36%	39.42%	38.41%	36.25%	35.92%
Operating Margin	15.52%	15.56%	15.83%	14.70%	12.05%	10.44%
Profit Margin	11.08%	11.12%	11.10%	10.16%	8.01%	5.89%
Free Cash Flow Margin	8.98%	9.14%	9.63%	7.07%	5.24%	7.85%
EBITDA	2,917	2,909	2,823	2,443	1,756	1,414
EBITDA Margin	16.92%	16.94%	17.13%	16.04%	13.48%	11.99%
D&A For EBITDA	242	237	214	205	187	182
EBIT	2,675	2,672	2,609	2,238	1,569	1,232
EBIT Margin	15.52%	15.56%	15.83%	14.70%	12.05%	10.44%
Effective Tax Rate	22.97%	23.03%	23.88%	24.84%	24.98%	20.28%

Updated May 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q