W.W. Grainger Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.22B | $10.43B | $10.14B | $9.97B | $9.97B | $9.44B | $8.95B | $8.08B |
| High-Touch Solutions N.A. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Endless Assortment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| U.S. | $8.77B | $8.12B | $7.87B | $7.80B | $7.64B | $7.23B | $6.86B | $6.37B |
| Canada | $785.0M | $778.0M | $746.0M | $836.0M | $1.01B | $1.06B | $1.06B | $947.0M |
| Other Businesses | $1.67B | $1.53B | $1.52B | $1.34B | $1.32B | $1.15B | $1.03B | $766.0M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | $6.87B | $6.33B | $6.02B | $5.74B | $5.65B | $5.30B | $5.03B | $4.57B |
| Gross Profit | $4.35B | $4.10B | $4.12B | $4.23B | $4.31B | $4.14B | $3.92B | $3.51B |
| Gross Margin | 38.7% | 39.3% | 40.6% | 42.4% | 43.3% | 43.8% | 43.8% | 43.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $3.19B | $3.06B | $3.00B | $2.93B | $2.97B | $2.84B | $2.79B | $2.46B |
| Operating Income | $1.16B | $1.04B | $1.11B | $1.30B | $1.35B | $1.30B | $1.13B | $1.05B |
| Operating Margin | 10.3% | 9.9% | 11.0% | 13.0% | 13.5% | 13.7% | 12.6% | 13.0% |
| Interest Expense | $88.0M | $89.0M | $76.0M | $33.6M | $10.1M | $13.2M | $16.1M | $9.1M |
| Pretax Income | $1.08B | $936.0M | $1.02B | $1.25B | $1.33B | $1.29B | $1.12B | $1.05B |
| Income Tax Expense | $258.0M | $313.0M | $386.0M | $465.5M | $522.1M | $479.9M | $418.9M | $385.1M |
| Net Income | $782.0M | $586.0M | $606.0M | $769.0M | $801.7M | $797.0M | $689.9M | $658.4M |
| Net Margin | 7.0% | 5.6% | 6.0% | 7.7% | 8.0% | 8.4% | 7.7% | 8.1% |
| EPS (Basic) | $13.82 | $10.07 | $9.94 | $11.69 | $11.59 | $11.31 | $9.71 | $9.26 |
| EPS (Diluted) | $13.73 | $10.02 | $9.87 | $11.58 | $11.45 | $11.13 | $9.52 | $9.07 |
| Shares Outstanding (Basic) | 56.1M | 57.7M | 60.4M | 65.2M | 68.3M | 69.5M | 69.8M | 69.7M |
| Shares Outstanding (Diluted) | 56.5M | 58.0M | 60.8M | 65.8M | 69.2M | 70.6M | 71.2M | 71.2M |
| Dividends Per Share | $5.36 | $5.06 | $4.83 | $4.59 | $4.17 | $3.59 | $3.06 | $2.52 |