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

W.W. Grainger Cash Flow 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
Net Income	1,808	1,989	1,903	1,613	1,114
Depreciation & Amortization	254	237	214	205	187
Stock-Based Compensation	64	62	62	48	42
Other Adjustments	317	99	107	83	89
Change in Receivables	-190	-110	-98	-436	-324
Changes in Inventories	-147	-77	-16	-412	-152
Changes in Accounts Payable	43	20	-65	225	54
Changes in Accrued Expenses	38	20	-91	218	59
Changes in Income Taxes Payable	-4	-3	-4	42	-26
Changes in Other Operating Activities	-168	-126	19	-253	-106
Operating Cash Flow	2,015	2,111	2,031	1,333	937
Operating Cash Flow Growth	-4.55%	3.94%	52.36%	42.26%	-16.56%
Capital Expenditures	-684	-541	-445	-256	-255
Sale of Property, Plant & Equipment	33	3	21	28	29
Other Investing Activities	6	18	2	-35	-
Investing Cash Flow	-645	-520	-422	-263	-226
Short-Term Debt Issued	125	-	-	-	-
Net Short-Term Debt Issued (Repaid)	125	-	-	-	-
Long-Term Debt Issued	91	503	7	16	-
Long-Term Debt Repaid	-506	-39	-37	-15	-8
Net Long-Term Debt Issued (Repaid)	-415	464	-30	1	-8
Issuance of Common Stock	15	30	34	26	48
Repurchase of Common Stock	-1,081	-1,251	-887	-626	-725
Net Common Stock Issued (Repurchased)	-1,066	-1,221	-853	-600	-677
Common Dividends Paid	-467	-421	-392	-370	-357
Other Financing Activities	-2	-2	-3	-3	3
Financing Cash Flow	-1,825	-1,180	-1,278	-972	-1,039
Effect of Exchange Rate Changes on Cash and Cash Equivalents	4	-35	4	-14	-16
Net Cash Flow	-451	376	335	84	-344
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%
FCF Margin	7.42%	9.14%	9.62%	7.07%	5.24%
Free Cash Flow Per Share	27.73	32.04	31.66	21.08	13.07
Levered Free Cash Flow	716	1,855	1,355	1,269	746
Unlevered Free Cash Flow	1,180	1,548	1,550	1,421	908.04

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