GWW · NYSE · Industrial - Distribution

W.W. Grainger (GWW)

Distributes MRO supplies through high-touch service and the Zoro and MonotaRO online platforms.

$1,267.93
vs last close−9.86 (−0.77%)
Loading prices…

W.W. Grainger, Inc.GWW
Industrials

Distributes maintenance, repair and operating products to businesses and institutions through high-touch North American sales and service and the Zoro and MonotaRO online platforms. Most revenue comes from product sales to complex customers served by the Grainger brand, with digital endless-assortment businesses extending reach in the United States and Japan.

Distributes maintenance, repair and operating products such as safety gear, material-handling equipment, plumbing supplies, cleaning products, metalworking tools and hand tools to businesses and institutions. High-Touch Solutions N.A. serves complex customers across the United States, Canada, Mexico and Puerto Rico through the Grainger brand, while Endless Assortment runs the online-first Zoro and MonotaRO platforms in the United States and Japan.

Combines broad in-stock availability with distribution centers, branches, technical support and inventory-management services; its network supports direct shipment, next-day delivery and same-day branch pickup. Zoro and MonotaRO extend selection through large digital catalogs and third-party fulfillment.

Revenue comes primarily from product sales. Demand follows customers’ production activity and capital spending, while service depends on supplier availability, logistics infrastructure and reliable digital ordering systems.

Company facts

CEODonald G. Macpherson
ListedFeb 21, 1973
ExchangeNYSE
HeadquartersLake Forest, IL
CountryUnited States
Employees25,000
CIK0000277135
ISINUS3848021040

Market cap$60.33B
EPS (ttm)$39.19
P/E (ttm)32.61
ROE48.7%
P/B14.60
P/S3.20
Dividend yieldDiv yield0.74%
Beta0.53vs XLI 0.76

Price target$1,355.00+6.0%Average of 39 analysts
ConsensusHold26 of 39 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 15, 2026Wolfe ResearchInitiate
Rating:
Rating: Peer Perform
Aug 24, 2026Morgan StanleyReiterate
Rating: Target: $1,300
Rating: Equal WeightTarget: $1,400
Aug 11, 2026BarclaysReiterate
Rating: Target: $1,166
Rating: UnderweightTarget: $1,185
Aug 6, 2026DA DavidsonReiterate
Rating: Target: $1,250
Rating: NeutralTarget: $1,260
Aug 5, 2026RBC CapitalReiterate
Rating: Target: $1,460
Rating: Sector PerformTarget: $1,428

Next report
Nov 4, 26
in 43 days
EPS estimate
$11.68
Revenue estimate
$5.07B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Jan '25May '25Aug '25Oct '25Feb '26May '26Aug '26Nov '26
Reported$9.71$9.86$9.97$10.21$9.44$11.65$12.01Pending
Estimate$9.74$9.48$10.07$9.98$9.46$10.21$11.30$11.68
Surprise−0.3%+4.0%−1.0%+2.3%−0.2%+14.1%+6.3%

RevenueReportedEstimate

Jan '25May '25Aug '25Oct '25Feb '26May '26Aug '26Nov '26
Reported$4.23B$4.31B$4.55B$4.66B$4.43B$4.74B$5.02BPending
Estimate$4.24B$4.32B$4.53B$4.64B$4.40B$4.58B$4.96B$5.07B
Surprise−0.2%−0.3%+0.6%+0.3%+0.6%+3.6%+1.3%
Estimate$11.68
ReportedDue Nov 4, 2026
Estimate$5.07B
ReportedDue Nov 4, 2026
View details

Debt to equity67.70%
Current ratio280.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$4.39B$4.23B$4.31B$4.55B$4.66B$4.43B$4.74B$5.02B
Net income$486.0M$475.0M$479.0M$482.0M$294.0M$451.0M$555.0M$570.0M
Net margin11.1%11.2%11.1%10.6%6.3%10.2%11.7%11.4%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$686.0M$633.0M$672.0M$678.0M$511.0M$634.0M$793.0M$807.0M
YoY growth+2.8%+13.6%+0.4%+4.5%−25.5%+0.2%+18.0%+19.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $589.0M · Total debt $2.80B · Total assets $9.62B · Shareholders' equity $4.13B

Revenue
$5.02B
Operating income
$807.0M
Net income
$570.0M
View details

Dividend yield
0.74%
Next ex-date
Nov 10, 26
estimated · in 49 days
Annual dividend
$9.50
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26
Dividend$2.05$2.05$2.26$2.26$2.26$2.26$2.49$2.49
Annual yield0.67%0.79%0.79%0.92%0.93%0.76%0.76%0.73%
Ex-dateNov 8Feb 10May 12Aug 11Nov 10Feb 9May 11Aug 10
Payment dateDec 1Mar 1Jun 1Sep 1Dec 1Mar 1Jun 1Sep 1
View details

Institutions76.09%35.84M shares
1,423 holders · as of Jun 30, 2026
Insiders14.03%6.61M shares
9 holders · as of May 14, 2026
Other9.88%4.65M shares
remainder

47.10M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
9.84%4.63Mas of Jun 30, 2026
James D. Slavik1Insiderdirector
7.79%3.67Mfiled Feb 6, 2019
Vanguard Capital Management LLCInstitution
6.12%2.88Mas of Jun 30, 2026
Susan Slavik Williams2Insiderdirector
5.93%2.79Mfiled Jan 29, 2025
Vanguard Portfolio Management LLCInstitution
4.90%2.31Mas of Jun 30, 2026
  1. James D. Slavik's transaction reports restate only vehicles that traded; the 2019 ownership statement (3.67M) is used instead.
  2. Susan Slavik Williams's transaction reports restate only vehicles that traded; the 2025 ownership statement (2.79M) is used instead.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
May 12, 2026Paige K. Robbinsofficer: Sr. VP−1,457$1,232.29
May 12, 2026Jonny M. LeRoyofficer: SVP, Chief Technology Officer−854$1,231.06
May 12, 2026Laurie R. Thomsonofficer: VP, Controller−313$1,231.69
Apr 2, 2026Deidra C. Merriwetherofficer: Sr. VP & CFO−1,488$1,114.28
Mar 24, 2026Deidra C. Merriwetherofficer: Sr. VP & CFO−2,339$1,064.73
View details

  • Fastenal

    North America's second-largest MRO distributor built on fasteners, vending, and onsite teams.

  • Amazon

    E-commerce giant whose Amazon Business platform directly threatens Grainger's Endless Assortment model.

  • MSC Industrial Direct

    High-touch industrial MRO distributor specializing in metalworking and broadline supply.

  • WESCO International

    Large-scale electrical and industrial distributor with a growing $3B+ MROP segment contesting Grainger's electrical MRO categories.

  • Applied Industrial Technologies

    Specialized MRO distributor focused on bearings, power transmission, and fluid power for industrial customers.

  • Global Industrial

    Online-first broadline MRO distributor targeting SMBs — the closest analog to Grainger's Zoro Endless Assortment.

  • DXP Enterprises

    Specialized MROP and pumping solutions distributor serving energy, petrochemical, and industrial plant customers.

Compare

CompanyPriceChange
W.W. Grainger$1,267.93−0.77%$60.33B32.626.13.2+10.3%
Fastenal$49.84+0.38%$56.97B42.137.06.5+14.7%
Amazon$256.29−0.84%$2.78T20.827.53.6+19.6%
MSC Industrial Direct$121.89+0.21%$6.79B29.423.21.7+7.8%
WESCO International$361.90+1.85%$17.32B24.619.90.7+13.0%
Applied Industrial Technologies$327.87+2.33%$11.84B29.327.42.4+10.5%
Global Industrial$42.03+3.01%$1.56B18.320.61.1+7.7%
DXP Enterprises$190.51+1.23%$2.92B33.226.51.4+15.6%
Median29.326.51.7+13.0%