GWW on NYSE

W. W. Grainger

Logo: W. W. Grainger, Inc., Public domain, via Wikimedia Commons6

American industrial supply company

W. W. Grainger, Inc. is an American Fortune 500 industrial supply company founded in 1927 in Chicago by the company's namesake William W. (Bill) Grainger.3 From Wikipedia, CC BY-SA 4.0

$1,328.64 down 2.53 (0.19%)Price as of Oct 16, 2026 at 19:58 UTC

Last updated Oct 19, 2026.

Overview

1927Founded1

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  • TickerGWW on NYSE1
  • IndustryWholesale-Durable Goods1
  • HeadquartersLake Forest1
  • Websitewww.grainger.com
  • Legal formDomestic BCA1
  • Incorporated inIL7
  • Business address100 Grainger Parkway, Lake Forest, Il 60045-52017
  • Filer categoryLarge accelerated filer7
  • LEI549300TWZSP6O1IH2V344
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O ILLINOIS CORPORATION SERVICE COMPANY, 62703 Springfield, United States4
  • Registered withBusiness Services (Office of the Secretary of State), 202103204
W W Grainger Ann Arbor Branch
Photo: Dwight Burdette, CC BY 3.0, via Wikimedia Commons9

W. W. Grainger, Inc. is an American Fortune 500 industrial supply company founded in 1927 in Chicago by the company's namesake William W. (Bill) Grainger. He founded the company to provide consumers with access to a consistent supply of motors. The company serves more than 4.5 million customers worldwide with offerings such as motors, lighting, material handling, fasteners, plumbing, tools, and safety supplies, along with inventory management services and technical support. Revenue is generally from business-to-business sales rather than retail sales. Grainger serves its customers through a network of approximately 331 branches, online channels (such as Grainger.com, KeepStock and eProcurement), and 34 distribution facilities. Their motto is "for the ones who get it done".3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

39.1%Gross margin10
13.9%Operating margin10
9.5%Net margin10
4.5%Revenue growth, 202510
45.7%Return on equity10
0.63×Debt to equity10
$1.3BFree cash flow10

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

High-Touch Solutions (N.A.) brought in 79% of the revenue W. W. Grainger broke down this way in fiscal 2025.

  1. High-Touch Solutions (N.A.)$14.0B1079%up 2% from 2024
  2. Endless Assortment$3.6B1021%up 16% from 2024
Business segments by year
Business segments202320242025
High-Touch Solutions (N.A.)$13.3B$13.7B$14.0B
Endless Assortment$2.9B$3.1B$3.6B

Regions

United States brought in 80% of the revenue W. W. Grainger broke down this way in fiscal 2025.

  1. United States$14.4B1080%up 4% from 2024
  2. Japan$2.2B1012%up 15% from 2024
  3. Canada$683.0M104%up 3% from 2024
  4. Other Foreign Countries$645.0M104%down 3% from 2024
Regions by year
Regions202320242025
United States$13.4B$13.9B$14.4B
Japan$1.8B$1.9B$2.2B
Canada$646.0M$661.0M$683.0M
Other Foreign Countries$646.0M$667.0M$645.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue61¢$10.9B
  • Selling, general and admin25¢$4.5B
  • Other costs1¢$167.0M
  • Income tax3¢$622.0M
  • Profit10¢$1.7B

Out of $17.9B in revenue.10

Where each dollar of operating cash went, fiscal 2025

  • Capital spending31¢$684.0M
  • Dividends paid21¢$467.0M
  • Share buybacks48¢$1.0B

Out of $2.0B of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.10

Financial statements

Revenue1112131410$17.9B in 2025+56% since 2019
0$5.0B$10.0B$15.0B$20.0B2019: $11.5B$11.5B20192020: $11.8B$11.8B2020+3%2021: $13.0B$13.0B2021+10%2022: $15.2B$15.2B2022+17%2023: $16.5B$16.5B2023+8%2024: $17.2B$17.2B2024+4%2025: $17.9B$17.9B2025+5%
Gross profit1112131410$7.0B in 2025+59% since 2019
0$2.0B$4.0B$6.0B$8.0B2019: $4.4B$4.4B20192020: $4.2B$4.2B2020−4%2021: $4.7B$4.7B2021+11%2022: $5.8B$5.8B2022+24%2023: $6.5B$6.5B2023+11%2024: $6.8B$6.8B2024+4%2025: $7.0B$7.0B2025+4%
Operating income1112131410$2.5B in 2025+98% since 2019
0$1.0B$2.0B$3.0B2019: $1.3B$1.3B20192020: $1.0B$1.0B2020−19%2021: $1.5B$1.5B2021+52%2022: $2.2B$2.2B2022+43%2023: $2.6B$2.6B2023+16%2024: $2.6B$2.6B2024+3%2025: $2.5B$2.5B2025−5%
Net income1112131410$1.7B in 2025+101% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $849.0M$849.0M20192020: $695.0M$695.0M2020−18%2021: $1.0B$1.0B2021+50%2022: $1.5B$1.5B2022+48%2023: $1.8B$1.8B2023+18%2024: $1.9B$1.9B2024+4%2025: $1.7B$1.7B2025−11%

Every line of the income statement as filed: the last 3 fiscal years, latest first.10

Period ending2025-12-312024-12-312023-12-31
Net sales$17.9B$17.2B$16.5B
Cost of goods sold$10.9B$10.4B$10.0B
Gross profit$7.0B$6.8B$6.5B
Selling, general and administrative expenses$4.5B$4.1B$3.9B
Operating earnings$2.5B$2.6B$2.6B
Interest expense net$81.0M$77.0M$93.0M
Other net-$16.0M-$24.0M-$28.0M
Total other expense net$65.0M$53.0M$65.0M
Earnings before income taxes$2.4B$2.6B$2.5B
Income tax provision$622.0M$595.0M$597.0M
Net earnings$1.8B$2.0B$1.9B
Less net earnings attributable to noncontrolling interest$102.0M$80.0M$74.0M
Net earnings attributable to W.W. Grainger, Inc.$1.7B$1.9B$1.8B
Basic (in dollars per share)$35.47$38.84$36.39
Diluted (in dollars per share)$35.40$38.71$36.23
Basic (in shares)47.9M shares48.9M shares49.9M shares
Diluted (in shares)48.0M shares49.0M shares50.1M shares

Compare W. W. Grainger with another company

The story

Founded by William W. Grainger in 1927.1

The company was founded as a supplier for businesses by William Wallace Grainger (1895 - 1982) in 1927 in Chicago, Illinois, and incorporated as W. W. Grainger, Inc., in 1928. Sales in the early days were generated primarily through mail order via post cards and a catalog. The MotorBook, as the catalog was originally called, was the basis for the modern Grainger catalog. Grainger headquarters are located in Lake Forest, Illinois. By 1936, Grainger had established 15 branches to improve customer service. The company was passed down to David William Grainger (1927 - 2025), the son of W.W. Grainger. David Grainger attended Phillips Exeter Academy. When William Grainger retired in 1968, Edward Schmidt, who had been Executive Vice President since 1953, became President and CEO with David Grainger as Chairman; David Grainger became CEO when Schmidt retired in 1974. [Chicago Tribume, December 27, 1968 ("W.W.Grainger announced the election of David Grainger as chairman, a new post at the company. Edward F Schmidt, formerly executive vice present, was named president and chief executive officer.")]

In 1967, Grainger became a publicly traded company. Grainger is a profitable corporation and has increased dividends to its shareholders for forty five consecutive years. The company has grown consistently since becoming public and reported US$11.5 billion in annual sales, as of the end of 2019.

Digital operations

In 1995 the grainger.com website was launched with an electronic catalog, later evolving to an eCommerce platform. In 2016, Grainger was named the 11th largest eCommerce retailer in North America by Internet Retailer. In 2019, more than 70 percent of Grainger orders in the U.S. originated via a digital channel (including Grainger.com, inventory management systems, and eProcurement) and more than 85 percent of orders were shipped directly to the customer or made immediately available through onsite services.

COVID-19 pandemic

Grainger was designated as an essential business during the early days of the coronavirus pandemic. Though there were virus outbreaks in certain facilities, stricter measures including temperature checks were instated. As orders for personal protective equipment (PPE) increased, Grainger and other re-sellers were hit with supply drops and price hikes.

In March 2020, Grainger was sent a letter from the Wisconsin Department of Agriculture, Trade and Consumer Protection accusing them of price gouging. Grainger had increased its prices for surgical masks from $0.17 to $1.00 per mask. A spokesman for the company stated that the price increases were a result of increased costs from suppliers and overall shortages of PPE.

Fastenal Company and Grainger, two industrial suppliers, also saw surges in PPE sales. The AP's data includes $99 million in personal protective equipment sales to 32 states by Fastenal, and $50 million in protective equipment sales to 40 states by Grainger, which said its profits on those sales were affected by increased freight costs and previous contracts with reduced prices.

From Wikipedia’s article on W. W. Grainger, shared under CC BY-SA 4.0.8

Leadership

Who has led W. W. Grainger, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (45)

Products and brands

Grainger's subsidiary Zoro Tools, Inc. and website zoro.com was launched in 2011 to serve the American small business market through a web-only transaction-based model, while grainger.com serves primarily large and mid-sized customers. Both online stores also sell products to individuals.

Monotaro was established in 2000 as a joint venture between Grainger and Sumitomo. It has online-only operations serving Japan and other Asian markets.

Imperial Supplies was acquired by the company in 2009.

Grainger divested Grainger China and Netherlands-based Fabory in 2020.

From Wikipedia’s article on W. W. Grainger, shared under CC BY-SA 4.0.8

Acquisitions

September 1, 2015: Cromwell Group Holdings (UK) Ltd The initial aggregate purchase price for the acquisition under the definitive share purchase agreement was £310 million ($476 million), subject to customary adjustment.

December 3, 2013: Safety Solutions Incorporated. The purchase price is $30 million, less cash acquired.

August 23, 2013: E&R Industrial Sales Inc. The purchase price is $116 million, less cash acquired.

December 31, 2012: Techni-tool, Inc. of Worcester, Pennsylvania. The purchase price is $40 million, less cash acquired.

Read the full text

April 2, 2012: Anfreixo

August 31, 2011: Fabory Group The purchase price is $346 million, less cash acquired.

October 14, 2010: SafetyCertified

November 18, 2009: Alliance Energy Solutions

October 13, 2009: Imperial Supplies

From Wikipedia’s article on W. W. Grainger, shared under CC BY-SA 4.0.8

Former names

  • GRAINGER W W INCMar 24, 1994 to Oct 15, 20197

Timeline

  1. Feb 17, 2017New chief executive Donald G. Macpherson becomes CEO18
  2. Apr 27, 2006New chief executive Richard L. Keyser becomes CEO19
  3. 1927Founded Founded1

Filings

511 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 39 major events, 395 insider forms, 14 large holders, 43 other. The latest 20:

  1. Oct 2, 20264 EDGAR
  2. Sep 1, 20264 EDGAR
  3. Sep 1, 20264 EDGAR
  4. Sep 1, 20264 EDGAR
  5. Sep 1, 20264 EDGAR
  6. Sep 1, 20264 EDGAR
  7. Sep 1, 20264 EDGAR
  8. Sep 1, 20264 EDGAR
  9. Sep 1, 20264 EDGAR
  10. Sep 1, 20264 EDGAR
  11. Sep 1, 20264 EDGAR
  12. Sep 1, 20264 EDGAR
  13. Aug 4, 202610-Q EDGAR
  14. Aug 4, 20268-K EDGAR
  15. Aug 3, 20268-K EDGAR
  16. Jun 8, 20264 EDGAR
  17. Jun 2, 20264 EDGAR
  18. Jun 2, 20264 EDGAR
  19. Jun 2, 20264 EDGAR
  20. Jun 2, 20264 EDGAR

The 511 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

47 open-market trades by officers, directors and large owners since October 2021: 0 buys and 47 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 12, 2026LeRoy Jonny MSVP, Chief Technology OfficerSale854$1,231.06$1.1MForm 4
May 12, 2026Thomson Laurie RVP, ControllerSale313$1,231.69$385.5KForm 4
May 12, 2026Robbins Paige KSr. VPSale1,457$1,232.29$1.8MForm 4
Apr 2, 2026Merriwether Deidra CSr. VP & CFOSale1,488$1,114.28$1.7MForm 4
Mar 24, 2026Merriwether Deidra CSr. VP & CFOSale2,339$1,064.73$2.5MForm 4
Dec 16, 2025Berardinelli Krantz Nancy LSr. VP & CLOSale195$1,023.93$199.7KForm 4
Dec 5, 2025Macpherson Donald GChairman and CEOSale12,163$972.57$11.8MForm 4
Dec 4, 2025Macpherson Donald GChairman and CEOSale14,523$972.81$14.1MForm 4
Sep 9, 2025LeRoy Jonny MSVP, Chief Technology OfficerSale500$992.86$496.4KForm 4
May 23, 2025Berardinelli Krantz Nancy LSr. VP & CLOSale280$1,075.20$301.1KForm 4
May 6, 2025Thomson Laurie RVP, ControllerSale761$1,042.86$793.6KForm 4
Apr 2, 2025Merriwether Deidra CSr. VP & CFOSale1,164$997.12$1.2MForm 4
Mar 10, 2025Thomson Laurie RVP, ControllerSale334$1,020.28$340.8KForm 4
Mar 10, 2025Thomson Laurie RVP, ControllerSale334$1,020.28$340.8KForm 4
Nov 13, 2024Thomson Laurie RVP, ControllerSale125$1,206.03$150.8KForm 4
Nov 6, 2024Berardinelli Krantz Nancy LSr. VP & CLOSale253$1,192.52$301.7KForm 4
Nov 5, 2024Robbins Paige KSr. VPSale9,577$1,117.85$10.7MForm 4
Nov 1, 2024Merriwether Deidra CSr. VP & CFOSale704$1,105.59$778.3KForm 4
Sep 30, 2024Macpherson Donald GChairman and CEOSale12,992$1,037.68$13.5MForm 4
Sep 16, 2024Macpherson Donald GChairman and CEOSale27,502$1,000.82$27.5MForm 4

All 47 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.4,633,213$6.3B0.1%−8,462
Vanguard Capital Management LLC2,881,429$3.9B0.1%−1,186
Vanguard Portfolio Management LLC2,306,592$3.1B0.1%−6,171
State Street Corp2,008,993$2.7B0.1%+14,900
Geode Capital Management, LLC1,370,120$1.9B0.1%+139,151
Wells Fargo & Company/mn892,084$1.2B0.2%−30,413
Wellington Management Group Llp775,644$1.1B0.2%−257,208
Clearbridge Investments, LLC754,171$1.0B0.8%−91,351
Northern Trust Corp605,019$823.1M0.1%−14,329
Parnassus Investments, LLC602,775$820.0M2.2%−48,468
Morgan Stanley569,489$774.7M0.0%+23,919
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC551,392$750.1M0.1%−86,955
Franklin Resources Inc545,338$741.9M0.2%+3,681
Goldman Sachs Group Inc514,146$699.4M0.1%+47,445
Fmr LLC510,630$694.7M0.0%+195,969
Norges Bank487,087$662.6M0.1%New
Bank Of America Corp /de/456,577$621.1M0.0%−71,392
Invesco Ltd.416,805$567.0M0.0%+26,972
Dimensional Fund Advisors LP415,775$565.6M0.1%+6,633
Massachusetts Financial Services Co /ma/388,221$532.9M0.2%−65,132
Jpmorgan Chase & Co382,067$517.1M0.0%+83,616
Charles Schwab Investment Management Inc366,985$499.2M0.1%+23,955
Amundi363,308$494.2M0.1%+70,451
Stifel Financial Corp337,576$459.3M0.4%−21,053
Legal & General Group Plc299,214$407.1M0.1%−26,731

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

13 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jul 13, 2026Jared MoskowitzDemocratic, HousePartial sale$1,001 - $15,000+7.4%Report
Apr 7, 2025Julie JohnsonDemocratic, HouseSale$1,001 - $15,000+8.9%Report
Feb 25, 2025Robert P. Bresnahan, Jr.Republican, HouseSale$1,001 - $15,000−2.8%Report
Jan 17, 2025Shelley Moore CapitoRepublican, SenatePartial sale$1,001 - $15,000+9.6%Report
Dec 12, 2024Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+11.9%Report
Sep 20, 2024Shelley Moore CapitoRepublican, SenatePartial sale$1,001 - $15,000+6.9%Report
Jul 5, 2024Jared MoskowitzDemocratic, HouseBuy$1,001 - $15,000+6.7%Report
Apr 9, 2024Shelley Moore CapitoRepublican, SenatePartial sale$1,001 - $15,000+16.5%Report
Oct 30, 2023Josh GottheimerDemocratic, HouseBuy$1,001 - $15,000−2.4%Report
Jul 14, 2023Jared MoskowitzDemocratic, HouseBuy$15,001 - $50,000+2.6%Report
Sep 21, 2022David B. McKinley, HouseBuy$1,001 - $15,000+53.1%Report
Jul 11, 2022Shelley Moore CapitoRepublican, SenateBuy$1,001 - $15,000+77.8%Report
Mar 18, 2020Gilbert Ray Cisneros, Jr.Democratic, HouseSale$1,001 - $15,000−242.7%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

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