W.W. Grainger, Inc. (GWW)

NYSE: GWW · USD

$1,342

-1.07 (-0.1%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-10-03

Our latest published analysis: GWW rated Sell

W.W. Grainger, Inc.'s published Sell conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$838 / share

Potential value

$1,048 / share

Upside to FV

-34.6%

from $1,342

Moat

9/10

Wide

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$60.4B
Revenue (ttm)	18.8B
Net income (ttm)	1.9B
EPS (ttm)	$39.2
Shares out	47.1M
P/E (trailing)	34.3x
P/E (forward)	24.8x
Dividend	$9.96 (0.74%)
Volume	86,812
Beta	1.01

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 18.8B
Net income (ttm): 1.9B
EPS (ttm): $39.2
P/E (trailing): 34.3x
P/E (forward): 24.8x
Market cap: $60.4B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	$13.02B	$15.23B	$16.48B	$17.17B	$17.94B	+8.3%
Gross profit	$4.72B	$5.85B	$6.50B	$6.76B	$7.01B	+10.4%
Operating income	$1.55B	$2.22B	$2.57B	$2.64B	$2.50B	+12.7%
Net income	$1.04B	$1.55B	$1.83B	$1.91B	$1.71B	+13.1%
EPS (diluted)	$19.84	$30.06	$36.23	$38.71	$35.40	+15.6%
EBITDA	$1.74B	$2.40B	$2.79B	$2.90B	$2.77B	+12.3%
R&D	—	—	—	—	—	—
SG&A	$3.17B	$3.63B	$3.93B	$4.12B	$4.51B	+9.2%

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ADBE	Adobe Inc.	97.1B	13.9x	3.7x	57.2%	+11.5%	-30.7%	적극 매수
AAL	American Airlines Group Inc.	8.3B	—	0.1x	3.0%	+20.0%	-6.9%	보유
ADP	Automatic Data Processing, Inc.	113B	25.3x	5.1x	62.8%	+7.7%	+4.5%	보유
ALLE	Allegion plc	15.2B	22.5x	3.5x	19.4%	+8.8%	+7.2%	보유

Base and Bull scenarios

Base55%

Price target

$837.70

-34.6% from spot

The modal expected path models stable compound execution across North American MRO distribution. High-Touch Solutions maintains enterprise account retention, supporting 9.55% reported revenue growth in FY2026 tapering toward 5.0% by FY2030. Operating margins hold within management's 15.8% to 16.2% guidance range. Reinvestment gradually declines as network investments mature, producing Fair value of $837.70.

Consolidated revenue reaches $19,655M in FY2026, with growth tapering to 5.0% by FY2030
Operating margin achieves 16.0% in FY2026 and stabilizes at 16.2%
Reinvestment rate steps down from 22.0% in FY2026 to 16.0% in FY2030
Terminal growth of 2.75% and terminal forward multiple of 20.0x discounted at 9.19% WACC

Bull20%

Price target

$1,048.36

-18.1% from spot

In the upside case, supply chain automation accelerates distribution center throughput, allowing High-Touch Solutions to capture market share from sub-scale regional distributors. Daily organic sales growth exceeds 12% in Q3, operating margins expand to 16.2%+ via price realization (+100 bps annually) and Q4 volume rebates, and capex normalizes rapidly toward maintenance levels.

High-Touch Solutions daily organic CC growth sustains at 11.5% to 13.0%
Operating margin reaches upper guidance bound of 16.2% and expands further via operating leverage
Capex moderates rapidly below $600M, driving free cash flow conversion above 115% of net income
EPS growth compounds rapidly, driven by operating leverage and sustained volume gains

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($837.70). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	2.3%	2.5%	2.8%	3.0%	3.3%
8.2%	$888	$908	$931	$955	$982
8.7%	$835	$853	$871	$891	$913
9.2%	$790	$805	$838	$837	$855
9.7%	$751	$763	$776	$790	$805
10.2%	$715	$726	$737	$749	$762

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E24.8

P25 n/aP50 n/aP75 n/a

Trailing P/E32.6

P25 n/aP50 n/aP75 n/a

ROE46.1

P25 n/aP50 n/aP75 n/a

ROIC33.2

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All GWW indicators

Market & fundamental data

Available fields

292

Groups with data

Currency

USD

Showing 292 of 292 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000277135
Company name	W.W. Grainger, Inc.
Country	United States
Country code	US
CUSIP number	384802104
Earnings date	2026-11-04
Earnings time	bmo
Employees	25,000
Employees change	-1,000
Employees growth	-3.85%
Enterprise value	$65.4B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1927
In index	SP500
Industry	Industrial Distribution
Is primary listing	Yes
Is SPAC	No
ISIN number	US3848021040
Last 10-K release date	2026-02-19
Last earnings date	2026-08-04
Last refreshed	2026-10-28
Last stock split date	1998-06-15
Last stock split type	Forward
Market cap	$63.2B
Market cap category	Large-Cap
Next earnings date	2026-11-04
Options	Yes
Price	$1,341.69
Price currency	USD
Sector	Industrials
SIC code	5000
Stock price date	2026-10-28
Symbol	GWW
U.S. state	Illinois
Website	https://www.grainger.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	30.98x
Average P/E ratio (10Y)	23.65x
Average P/E ratio (3Y)	26.39x
Average P/E ratio (5Y)	24.15x
Earnings yield	2.92%
EV/Earnings	34.99x
EV/EBIT	22.11x
EV/EBITDA	20.34x
EV/FCF	43.33x
EV/Sales	3.47x
FCF / EV yield	2.31%
FCF yield	2.39%
Forward EV/Sales	3.21x
Forward P/E	27.65x
Forward P/S	3.11x
Graham number	278.02271
Graham upside	-79.29%
Industry forward P/E	24.34x
Industry P/E	33.97x
Lynch fair value	$646.70
Lynch upside	-51.82%
P/(FCF - SBC) ratio	43.84x
P/(OCF - SBC) ratio	30x
P/B ratio	15.31x
P/E ratio	34.25x
P/FCF ratio	41.87x
P/OCF ratio	29.07x
P/S ratio	3.35x
PEG ratio	2.28x
Price / tangible book value	18.04x
Price/EBITDA ratio	19.66x
Sector forward P/E	26.24x
Sector P/E	40.28x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	15.7%
EBITDA margin	17.07%
Effective tax rate	26.22%
FCF margin	8.01%
Gross margin	39.4%
Operating margin	15.7%
Pretax margin	14.25%
Profit margin	9.92%
Profit per employee	$74,800
Profitable quarters	134
Profitable years	35
Revenue per employee	$753,800
ROA	19.93%
ROA (5Y)	18.84%
ROCE	39.56%
ROE	46.09%
ROE (5Y)	56.34%
ROIC	33.2%
ROIC (5Y)	33.35%
SBC / revenue	0.36%
Tax / revenue	3.74%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-0.61%
EPS growth (Q)	20.46%
EPS growth (QoQ)	3.09%
EPS growth 10Y	13.55%
EPS growth 3Y	4.13%
EPS growth 5Y	19.19%
EPS growth quarters	2
EPS growth years	0
FCF growth	6.64%
FCF growth (Q)	64.85%
FCF growth (QoQ)	-41.48%
FCF growth 3Y	3.6%
FCF growth 5Y	9.5%
Gross profit growth	8.21%
Gross profit growth (Q)	13.05%
Gross profit growth 3Y	5.61%
Gross profit growth 5Y	11.45%
Net income growth	-2.71%
Net income growth (Q)	18.26%
Net income growth (QoQ)	2.7%
Net income growth 3Y	1.89%
Net income growth 5Y	16.51%
Net income growth quarters	2
Net income growth years	0
OCF growth	5.48%
OCF growth (Q)	17.77%
OCF growth (QoQ)	-39.92%
OCF growth 10Y	8.48%
OCF growth 3Y	9.78%
OCF growth 5Y	12.44%
Operating income growth	9.43%
Operating income growth (Q)	19.03%
Operating income growth 3Y	5.92%
Operating income growth 5Y	16.43%
Revenue growth	7.8%
Revenue growth (Q)	10.26%
Revenue growth (QoQ)	5.88%
Revenue growth 10Y	6.46%
Revenue growth 3Y	5.57%
Revenue growth 5Y	9%
Revenue growth quarters	24
Revenue growth years	16

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-665M
Depreciation and amortization	$257M
EBIT	$3B
EBITDA	$3.2B
EPS	$39.17
FCF per share	$32.06
Financing cash flow	$-1.5B
Free cash flow	$1.5B
Free cash flow minus SBC	$1.4B
Gross profit	$7.4B
Income taxes	$704M
Investing cash flow	$-656M
Net borrowing	$73M
Net cash flow	$-8M
Net income	$1.9B
Operating cash flow minus SBC	$2.1B
Operating income	$3B
Revenue	$18.8B
Stock-based compensation	$68M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	11.76
Book value per share	$87.71
Debt / EBITDA	0.84
Debt / equity	0.62
Debt / FCF	1.85
Goodwill	$354M
Interest coverage	36.53
Long-term assets	$3.6B
Long-term liabilities	$3B
Net cash (debt)	$-2.2B
Net cash / market cap	-3.49%
Net debt / EBITDA	0.69
Net debt / equity	0.49
Net debt / FCF	1.46
Piotroski F-Score	6
Property, plant and equipment	$2.8B
Shareholders' equity	$4.5B
Tangible book value	$3.5B
Tangible book value per share	$74.42
Total assets	$9.6B
Total cash	$589M
Total debt	$2.8B
Total liabilities	$5.1B
WACC	9.5%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	2.03
Current assets	$6B
Current liabilities	$2.1B
Current ratio	2.81
Inventory turnover	4.83
Net working capital	$3.3B
Quick ratio	1.6
Working capital	$3.9B
Working capital turnover	5.02

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	1.86%
Dividend growth	10.21%
Dividend growth (10Y)	7.11%
Dividend growth (3Y)	9.88%
Dividend growth (5Y)	8.56%
Dividend growth years	55
Dividend payment date	2026-09-01
Dividend payment years	56
Dividend payout frequency	Quarterly
Dividend per share	$9.96
Dividend yield	0.74%
Ex-dividend date	2026-08-10
FCF payout ratio	31.07%
Last dividend	$2.49
Payout ratio	25.43%
Shareholder yield	2.6%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	548.52%
10Y return CAGR	22.36%
10Y total return	651.88%
150-day SMA	$1,276.31
15Y price change	668.52%
15Y return CAGR	16.37%
15Y total return	872.24%
1D price change	-0.08%
1M price change	7.69%
1M total return	7.69%
1W price change	0.2%
1W total return	0.2%
1Y price change	36.83%
1Y return CAGR	37.99%
1Y total return	37.96%
20-day SMA	$1,316.27
200-day SMA	$1,233.35
20Y price change	1,737.73%
20Y return CAGR	17.57%
20Y total return	2,447.73%
3M price change	-4.31%
3M total return	-4.13%
3Y price change	89.4%
3Y return CAGR	24.76%
3Y total return	94.21%
50-day SMA	$1,298.32
50-day SMA vs 200-day SMA	50over200
52-week high	$1,419.91
52-week high date	2026-07-17
52-week low	$906.52
52-week low date	2025-11-19
5Y price change	215.31%
5Y return CAGR	27.08%
5Y total return	231.33%
6M price change	15.59%
6M total return	16.05%
All-time high	$1,419.91
All-time high date	2026-07-17
All-time low	$1.90
All-time low date	1971-08-13
Average true range (ATR)	$27.05
Average volume	231.9K
Beta (1Y)	0.14
Beta (2Y)	0.64
Beta (5Y)	1.01
Change from 52-week high	-5.51%
Change from 52-week low	48%
Change from all-time high	-5.73%
Change from all-time low	70,426.87%
Change from open	0.06%
Day's gap	-0.13%
Dollar volume	$116.5M
High price	$1,349.74
Low price	$1,335.18
Monthly RSI	65.12
Open price	$1,340.95
Position in 52-week range	44.71%
Premarket change	-0.35%
Premarket close	$1,342.72
Premarket price	$1,338.01
Premarket volume	38
Previous close	$1,342.72
Price vs 150-day SMA	4.88%
Price vs 20-day SMA	1.7%
Price vs 200-day SMA	8.53%
Price vs 50-day SMA	3.1%
Relative volume	0.37
RSI	57.87
Sharpe ratio	1.32
Sharpe ratio (3Y)	0.95
Sharpe ratio (5Y)	0.9
Sortino ratio	2.34
Sortino ratio (3Y)	1.67
Sortino ratio (5Y)	1.63
Volume	86.8K
Weekly RSI	59.4
YTD price change	32.66%
YTD total return	33.44%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	43.1M
Float percentage	91.51%
Shares change (QoQ)	-0.42%
Shares change (YoY)	-1.86%
Shares held by insiders	8.4%
Shares held by institutions	76.16%
Shares outstanding	47.1M
Short % of float	2.88%
Short % of shares	2.64%
Short ratio	4.5 days

Deeper analysis on GWW

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this GWW report

What is the latest published GWW stock rating?

W.W. Grainger, Inc. is shown with Sell in the latest published report, analyzed 2026-10-03. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full GWW analysis?

The full latest published report, analyzed 2026-10-03, lives at /stocks/GWW/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for GWW?

The latest published report analyzed 2026-10-03 gives GWW a fair value of USD 838 and a potential value of USD 1,048. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the GWW page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-10-03). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

SellGWW · Fair value $838-34.6%

Read full analysis →

W.W. Grainger, Inc. (GWW)

Our latest published analysis: GWW rated Sell

Price

Financial snapshot

Fair-value bridge

Latest news · GWW

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All GWW indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on GWW

Frequently asked questions

등급 이력

Category	Score	Reading
Valuation	1.5
Management	9.5
Balance Sheet	7.5
Profitability	7.0
Revenue Growth	6.0
Risk Assessment	7.0
Competitive Moat	9.0
Earnings Quality	7.5
Capital Efficiency	8.5