Grainger Income Statement

Financials in millions GBP. Fiscal year is October - September.

Millions GBP. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Rental Revenue	170.2	154.8	133.7	121.4	97.4
Property Management Fees	6.1	8.1	5	4.4	5.1
Other Revenue	86.4	127.2	128.4	153.4	146.4
Total Revenue	262.7	290.1	267.1	279.2	248.9
Revenue Growth (YoY	-9.45%	8.61%	-4.33%	12.17%	16.31%
Property Expenses	91.5	120.3	109	118.6	101.6
Selling, General & Administrative	38.7	37.6	36.3	35.8	33.3
Other Operating Expenses	0.7	1	1.2	0.8	0.6
Total Operating Expenses	130.9	158.9	146.5	155.2	135.5
Operating Income	131.8	131.2	120.6	124	113.4
Interest Expense	-41.2	-38.3	-30.8	-31.1	-31.6
Interest & Investment Income	7	7.6	6.9	6.1	5.1
Income (Loss) on Equity Investments	-3.7	-0.6	-0.4	-0.5	0.5
Other Non-Operating Income	-12.7	-10.1	-3.2	-3.5	-3.8
EBT Excluding Unusual Items	81.2	89.8	93.1	95	83.6
Impairment of Goodwill	-	-	-0.1	-	-
Gain (Loss) on Sale of Assets	-1.6	-5.8	3.3	1.7	1.5
Asset Writedown	29.5	-32.5	-68.8	210.2	76.8
Other Unusual Items	-6.5	-10.9	-0.1	-8.3	-9.8
Pretax Income	102.6	40.6	27.4	298.6	152.1
Income Tax Expense	-100	9.4	1.8	69.2	42.6
Earnings From Continuing Operations	202.6	31.2	25.6	229.4	109.5
Net Income	202.6	31.2	25.6	229.4	109.5
Net Income to Common	202.6	31.2	25.6	229.4	109.5
Net Income Growth	549.36%	21.88%	-88.84%	109.50%	32.25%
Basic Shares Outstanding	739	738	740	741	678
Diluted Shares Outstanding	742	742	742	743	680
Shares Change (YoY)	0.11%	-0.12%	-0.09%	9.21%	4.40%
EPS (Basic)	0.27	0.04	0.03	0.31	0.16
EPS (Diluted)	0.27	0.04	0.03	0.31	0.16
EPS Growth	550.00%	21.39%	-88.80%	91.92%	26.77%
Dividend Per Share	0.083	0.075	0.067	0.060	0.051
Dividend Growth	10.07%	13.53%	11.39%	15.92%	-5.85%
Operating Margin	50.17%	45.23%	45.15%	44.41%	45.56%
Profit Margin	77.12%	10.76%	9.58%	82.16%	43.99%
EBITDA	133.3	132.7	121.7	124.9	114.3
EBITDA Margin	50.74%	45.74%	45.56%	44.73%	45.92%
D&A For Ebitda	1.5	1.5	1.1	0.9	0.9
EBIT	131.8	131.2	120.6	124	113.4
EBIT Margin	50.17%	45.23%	45.15%	44.41%	45.56%
Effective Tax Rate	-	23.15%	6.57%	23.18%	28.01%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.