← W.W. GRAINGER, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $10.1b | $10.4b | $11.2b | $11.5b | $11.8b | $13.0b | $15.2b | $16.5b | $17.2b | $17.9b | |
| Cost of Revenue | $6.0b | $6.3b | $6.9b | $7.1b | $7.6b | $8.3b | $9.4b | $10.0b | $10.4b | $10.9b | |
| Gross Profit | $4.1b | $4.1b | $4.3b | $4.4b | $4.2b | $4.7b | $5.8b | $6.5b | $6.8b | $7.0b | |
| Operating Income (Loss) | $1.1b | $1.0b | $1.2b | $1.3b | $1.0b | $1.5b | $2.2b | $2.6b | $2.6b | $2.5b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $82.0m | $89.0m | $92.0m | $78.0m | $60.0m | $63.0m | $61.0m | $64.0m | $70.0m | $81.0m | |
| Goodwill, Impairment Loss | $47.2m | $7.2m | $105.0m | — | $58.0m | — | — | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $1.1b | $970.9m | $1.2b | $1.2b | $1.0b | $1.3b | $1.9b | $2.2b | $2.3b | $2.1b | |
| Income (Loss) from Equity Method Investments | ($31.2m) | ($37.8m) | ($19.0m) | — | — | — | — | — | — | — | |
| Investment Income, Interest | $717k | $2.6m | $6.0m | — | — | — | — | — | — | — | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $3.0m | $2.7m | $4.0m | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $1.0b | $935.3m | $1.1b | $1.2b | $947.0m | $1.5b | $2.1b | $2.5b | $2.6b | $2.4b | |
| Net Income (Loss) Attributable to Parent | $605.9m | $585.7m | $782.0m | $849.0m | $695.0m | $1.0b | $1.5b | $1.8b | $1.9b | $1.7b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $600.5m | $581.0m | $776.0m | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $26.9m | $36.7m | $41.0m | $46.0m | $60.0m | $71.0m | $66.0m | $74.0m | $80.0m | $102.0m | |
| Earnings Per Share, Basic | $9.94 | $10.07 | $13.82 | $15.39 | $12.88 | $19.94 | $30.22 | $36.39 | $38.84 | $35.47 | |
| Earnings Per Share, Diluted | $9.87 | $10.02 | $13.73 | $15.32 | $12.82 | $19.84 | $30.06 | $36.23 | $38.71 | $35.40 | |
| Weighted Average Number of Shares Outstanding, Basic | 60.4m | 57.7m | 56.1m | 54.7m | 53.5m | 51.9m | 50.9m | 49.9m | 48.9m | 47.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | 60.8m | 58.0m | 56.5m | 54.9m | 53.7m | 52.2m | 51.1m | 50.1m | 49.0m | 48.0m | |
| Selling, General and Administrative Expense | $3.0b | $3.0b | $3.2b | $3.1b | $3.2b | $3.2b | $3.6b | $3.9b | $4.1b | $4.5b | |
| Other Nonoperating Income (Expense) | — | $2.3m | $24.0m | $26.0m | $21.0m | $25.0m | $24.0m | $28.0m | $24.0m | $16.0m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | — | $81.0m | |
| Current Income Tax Expense (Benefit) | $373.9m | $298.8m | $245.0m | $301.0m | $212.0m | $348.0m | $529.0m | $612.0m | $577.0m | $605.0m | |
| Interest Expense | $66.3m | $80.5m | $88.0m | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | ($100.4m) | ($113.3m) | ($77.0m) | ($53.0m) | ($72.0m) | ($62.0m) | ($69.0m) | ($65.0m) | ($53.0m) | ($65.0m) | |
| Operating Lease, Expense | — | — | — | — | — | $74.0m | $93.0m | $102.0m | $103.0m | $106.0m | |
| Restructuring and Related Cost, Incurred Cost | — | $201.1m | $248.0m | — | — | — | — | — | — | — | |
| Restructuring Costs | — | $116.2m | $47.0m | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $386.2m | $312.9m | $258.0m | $314.0m | $192.0m | $371.0m | $533.0m | $597.0m | $595.0m | $622.0m | |
| Interest Income (Expense), Net | — | — | — | ($79.0m) | ($93.0m) | ($87.0m) | ($93.0m) | ($93.0m) | ($77.0m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.