W.W. Grainger, Inc. (LON:0IZI)

W.W. Grainger Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	17,942	17,168	16,478	15,228	13,022
Revenue Growth (YoY)	4.51%	4.19%	8.21%	16.94%	10.38%
Cost of Revenue	10,933	10,410	9,982	9,379	8,302
Gross Profit	7,009	6,758	6,496	5,849	4,720
Selling, General & Admin	4,514	4,121	3,931	3,634	3,173
Operating Income	2,495	2,637	2,565	2,215	1,547
Interest Expense	-81	-77	-93	-93	-87
Other Non-Operating Income (Expense)	-16	-24	-28	-24	-25
Total Non-Operating Income (Expense)	-97	-101	-121	-117	-112
Pretax Income	2,398	2,536	2,444	2,098	1,435
Provision for Income Taxes	622	595	597	533	371
Net Income	1,674	1,861	1,773	1,499	993
Minority Interest in Earnings	102	80	74	66	71
Net Income to Common	1,674	1,861	1,773	1,499	993
Net Income Growth	-10.05%	4.96%	18.28%	50.96%	52.07%
Shares Outstanding (Basic)	48	49	50	51	52
Shares Outstanding (Diluted)	48	49	50	51	52
Shares Change (YoY)	-2.04%	-2.20%	-1.96%	-2.11%	-2.79%
EPS (Basic)	35.47	38.84	36.39	30.22	19.84
EPS (Diluted)	35.40	38.71	36.23	30.06	19.84
EPS Growth	-8.55%	6.84%	20.53%	51.51%	54.76%
Free Cash Flow	1,331	1,570	1,586	1,077	682
Free Cash Flow Growth	-15.22%	-1.01%	47.26%	57.92%	-26.35%
Free Cash Flow Per Share	27.73	32.04	31.66	21.08	13.07
Dividends Per Share	8.830	8.010	7.300	6.780	6.390
Dividend Growth	10.24%	9.73%	7.67%	6.10%	7.58%
Gross Margin	39.06%	39.36%	39.42%	38.41%	36.25%
Operating Margin	13.91%	15.36%	15.57%	14.55%	11.88%
Profit Margin	9.90%	11.31%	11.21%	10.28%	8.17%
FCF Margin	7.42%	9.14%	9.62%	7.07%	5.24%
EBITDA	2,749	2,874	2,779	2,420	1,734
EBITDA Margin	15.32%	16.74%	16.86%	15.89%	13.32%
EBIT	2,495	2,637	2,565	2,215	1,547
EBIT Margin	13.91%	15.36%	15.57%	14.55%	11.88%
Effective Tax Rate	25.94%	23.46%	24.43%	25.41%	25.85%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.