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W.W. GRAINGER, INC. GWW

NYSE · stock · Wholesale-Durable Goods · website · IPO 1975-07-29 · LEI

W.W. GRAINGER, INC. statistics & valuation

Market cap$63.9B
P / E37.5×
P / S3.6×
P / B15.4×
P / FCF48.0×
Dividend yield0.73%
Net margin9.5%
Return on equity41.2%
FCF margin7.4%
Net debt$1.9B
Net debt / EBITDA0.7×
Enterprise value USD$65.8B
EV / EBITDA23.3×
Earnings yield EBIT/EV3.8%
Return on capital35.5%
Graham number -79.9%$262.13

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($262.13); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
6.00% 5.60% 7.00% 7.40% 5.90% 8.00% 10.20% 11.10% 11.10% 9.50% 2016201720182019202020212022202320242025
Gross margin (%)
40.60% 39.30% 38.70% 38.30% 35.90% 36.20% 38.40% 39.40% 39.40% 39.10% 2016201720182019202020212022202320242025
Operating margin (%)
11.00% 9.90% 10.30% 11.00% 8.60% 11.90% 14.50% 15.60% 15.40% 13.90% 2016201720182019202020212022202320242025
Return on equity (%)
31.80% 32.10% 37.40% 41.20% 33.20% 48.30% 56.60% 53.20% 51.60% 41.20% 2016201720182019202020212022202320242025
Shares outstanding
60.8M 58.0M 56.5M 54.9M 53.7M 52.2M 51.1M 50.1M 49.0M 48.0M 2016201720182019202020212022202320242025
Net debt ($)
$1.61B $1.92B $1.55B $1.55B $1.80B $2.12B $1.96B $1.64B $1.74B $1.90B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
10.60% 10.10% 13.30% 14.10% 11.00% 15.80% 20.40% 22.40% 21.60% 19.00% 2016201720182019202020212022202320242025
Free cash flow margin (%)
7.30% 7.90% 7.30% 7.10% 7.80% 5.20% 7.10% 9.60% 9.10% 7.40% 2016201720182019202020212022202320242025
Debt / equity (×)
0.99× 1.23× 1.00× 0.93× 1.14× 1.09× 0.84× 0.67× 0.75× 0.60× 2016201720182019202020212022202320242025
EPS ($)
$9.87 $10.02 $13.73 $15.32 $12.82 $19.84 $30.06 $36.23 $38.71 $35.40 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

W.W. GRAINGER, INC. trades at about 36.9× earnings — above its 10-year norm (10-year range 19.6×–30.5×, median 25.6×).

19.6× 36.9×

Shaded band = 10-year range (19.6×–30.5×); dot = today's 36.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin39.1%39.4%39.4%38.4%36.2%35.9%38.3%38.7%39.3%40.6%
Operating margin13.9%15.4%15.6%14.5%11.9%8.6%11.0%10.3%9.9%11.0%
Net margin9.5%11.1%11.1%10.2%8.0%5.9%7.4%7.0%5.6%6.0%
FCF margin7.4%9.1%9.6%7.1%5.2%7.8%7.1%7.3%7.9%7.3%
Return on assets19.0%21.6%22.4%20.4%15.8%11.0%14.1%13.3%10.1%10.6%
Return on equity41.2%51.6%53.2%56.6%48.3%33.2%41.2%37.4%32.1%31.8%
Debt / equity0.60×0.75×0.67×0.84×1.09×1.14×0.93×1.00×1.23×0.99×
Current ratio2.832.492.882.482.622.722.122.372.131.85

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.