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Income Statement
Balance Sheet
Cash Flow Statement
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Common Size IS
Op Efficiency
Credit Analysis

W.W. GRAINGER, INC. (GWW)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   8-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    United States   10,236.09,200.08,865.08,613.07,960.07,870.07,963.4
    Other Businesses      2,441.02,120.01,885.01,405.8
    Canada   560.0494.0539.0658.0753.0734.0890.5
    Other   2,226.02,103.02,082.0    
Total revenues  15,228.013,022.011,797.011,486.011,221.010,425.010,137.09,973.4
            Revenue growth   [+]16.9%10.4%2.7%2.4%7.6%2.8%1.6%0.1%
Cost of goods sold  9,379.08,302.07,559.07,089.06,873.06,327.06,022.05,742.0
Gross profit  5,849.04,720.04,238.04,397.04,348.04,098.04,115.04,231.4
            Gross margin  38.4%36.2%35.9%38.3%38.7%39.3%40.6%42.4%
Selling, general and administrative  3,634.03,173.03,219.03,135.03,190.03,063.03,002.02,931.1
Equity in earnings        -31.0-11.7
EBITDA   [+]2,432.01,732.01,201.01,491.01,415.01,299.01,331.01,516.5
            EBITDA margin  16.0%13.3%10.2%13.0%12.6%12.5%13.1%15.2%
Depreciation  217.0122.0122.0151.0165.0175.0167.0163.0
EBITA  2,215.01,610.01,079.01,340.01,250.01,124.01,164.01,353.6
            EBITA margin  14.5%12.4%9.1%11.7%11.1%10.8%11.5%13.6%
Amortization of intangibles   63.060.078.092.089.082.065.0
EBIT   [+]2,215.01,547.01,019.01,262.01,158.01,035.01,082.01,288.6
            EBIT margin  14.5%11.9%8.6%11.0%10.3%9.9%10.7%12.9%
Interest expense, net   [+]93.087.093.079.082.086.075.032.4
Other income (expense), net   [+]24.025.021.026.05.0-13.012.0-5.5
Pre-tax income  2,146.01,485.0947.01,209.01,081.0936.01,019.01,250.7
Income taxes  533.0371.0192.0314.0258.0313.0386.0465.5
            Tax rate  24.8%25.0%20.3%26.0%23.9%33.4%37.9%37.2%
Minority interest  66.071.060.046.041.037.027.016.2
Net income  1,547.01,043.0695.0849.0782.0586.0606.0769.0
            Net margin  10.2%8.0%5.9%7.4%7.0%5.6%6.0%7.7%
   
Basic EPS   [+]$30.39$20.10$12.99$15.52$13.94$10.16$10.03$11.80
Diluted EPS   [+]$30.27$19.98$12.94$15.46$13.84$10.10$9.96$11.69
   
Dividends per share   [+]$7.27$6.39$5.94$5.68$5.36$5.06$4.83$4.59
   
Shares outstanding (basic)   [+]50.951.953.554.756.157.760.465.2
Shares outstanding (diluted)   [+]51.152.253.754.956.558.060.865.8
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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