W.W. Grainger Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $17.94B | $16.93B | $16.48B | $15.23B | $13.02B | $11.80B | $11.49B |
| High-Touch Solutions N.A. | — | — | $13.56B | $13.28B | $12.24B | $10.39B | $9.37B | $9.14B |
| Endless Assortment | — | — | $3.06B | $2.90B | $2.64B | $2.25B | $1.99B | $1.77B |
| U.S. | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Canada | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Businesses | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Other | — | — | $307.0M | $301.0M | $346.0M | $381.0M | $440.0M | $575.0M |
| Cost of Revenue | — | $10.93B | $10.41B | $9.98B | $9.38B | $8.30B | $7.56B | $7.09B |
| Gross Profit | — | $7.01B | $6.76B | $6.50B | $5.85B | $4.72B | $4.24B | $4.40B |
| Gross Margin | — | 39.1% | 39.9% | 39.4% | 38.4% | 36.2% | 35.9% | 38.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $4.51B | $4.12B | $3.93B | $3.63B | $3.17B | $3.22B | $3.14B |
| Operating Income | — | $2.50B | $2.64B | $2.57B | $2.22B | $1.55B | $1.02B | $1.26B |
| Operating Margin | — | 13.9% | 15.6% | 15.6% | 14.5% | 11.9% | 8.6% | 11.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | $2.43B | $2.58B | $2.50B | $2.15B | $1.49B | $947.0M | $1.21B |
| Income Tax Expense | — | $622.0M | $595.0M | $597.0M | $533.0M | $371.0M | $192.0M | $314.0M |
| Net Income | — | $1.71B | $1.91B | $1.83B | $1.55B | $1.04B | $695.0M | $849.0M |
| Net Margin | — | 9.5% | 11.3% | 11.1% | 10.2% | 8.0% | 5.9% | 7.4% |
| EPS (Basic) | — | $35.47 | $38.84 | $36.39 | $30.22 | $19.94 | $12.88 | $15.39 |
| EPS (Diluted) | — | $35.40 | $38.71 | $36.23 | $30.06 | $19.84 | $12.82 | $15.32 |
| Shares Outstanding (Basic) | 47.4M | 47.9M | 48.9M | 49.9M | 50.9M | 51.9M | 53.5M | 54.7M |
| Shares Outstanding (Diluted) | 47.4M | 48.0M | 49.0M | 50.1M | 51.1M | 52.2M | 53.7M | 54.9M |
| Dividends Per Share | — | $8.83 | $8.01 | $7.30 | $6.78 | $6.39 | $5.94 | $5.68 |