W.W. Grainger (GWW)
Market Price (12/30/2025): $1026.3101 | Market Cap: $49.1 BilSector: Industrials | Industry: Industrial Machinery & Supplies & Components
W.W. Grainger (GWW)
Market Price (12/30/2025): $1026.3101Market Cap: $49.1 BilSector: IndustrialsIndustry: Industrial Machinery & Supplies & Components
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%, CFO LTM is 2.0 Bil | Weak multi-year price returns2Y Excs Rtn is -19% | Key risksGWW key risks include [1] significant pricing pressure from competitors and large customers in the fragmented MRO market, Show more. |
| Low stock price volatilityVol 12M is 23% | ||
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Automation & Robotics, and E-commerce & DTC Adoption. Themes include Online Marketplaces, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%, CFO LTM is 2.0 Bil |
| Low stock price volatilityVol 12M is 23% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Automation & Robotics, and E-commerce & DTC Adoption. Themes include Online Marketplaces, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -19% |
| Key risksGWW key risks include [1] significant pricing pressure from competitors and large customers in the fragmented MRO market, Show more. |
Why The Stock Moved
Qualitative Assessment
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W.W. Grainger (GWW) stock movement between approximately August 31, 2025, and December 30, 2025, can be attributed to several key factors. While the precise 1.5% movement over this period is a net effect of various influences, the most significant events that shaped investor sentiment and stock performance during this time include the company's third-quarter earnings report, updated guidance, and ongoing analyst evaluations.
1. Q3 2025 Earnings Report and Mixed Results. Grainger announced its third-quarter 2025 financial results on October 31, 2025, presenting a mixed performance. The company reported $4.7 billion in sales, an increase of 6.1% year-over-year, which was slightly below analyst expectations. However, adjusted diluted EPS reached $10.21, surpassing analyst estimates. This combination of an earnings beat and a revenue miss likely contributed to a cautious, or "muted," investor response.
2. Narrowed Full-Year 2025 Earnings Outlook. Concurrent with the Q3 earnings, Grainger narrowed its full-year 2025 earnings outlook. This revised guidance, while indicating increased confidence in the company's projected performance range, might also have suggested a more constrained growth trajectory for the remainder of the year, influencing investor expectations.
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1. Q3 2025 Earnings Report and Mixed Results. Grainger announced its third-quarter 2025 financial results on October 31, 2025, presenting a mixed performance. The company reported $4.7 billion in sales, an increase of 6.1% year-over-year, which was slightly below analyst expectations. However, adjusted diluted EPS reached $10.21, surpassing analyst estimates. This combination of an earnings beat and a revenue miss likely contributed to a cautious, or "muted," investor response.
2. Narrowed Full-Year 2025 Earnings Outlook. Concurrent with the Q3 earnings, Grainger narrowed its full-year 2025 earnings outlook. This revised guidance, while indicating increased confidence in the company's projected performance range, might also have suggested a more constrained growth trajectory for the remainder of the year, influencing investor expectations.
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Stock Movement Drivers
Fundamental Drivers
The 8.5% change in GWW stock from 9/29/2025 to 12/29/2025 was primarily driven by a 20.1% change in the company's P/E Multiple.| 9292025 | 12292025 | Change | |
|---|---|---|---|
| Stock Price ($) | 945.74 | 1026.31 | 8.52% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 17481.00 | 17750.00 | 1.54% |
| Net Income Margin (%) | 10.99% | 9.75% | -11.35% |
| P/E Multiple | 23.62 | 28.36 | 20.06% |
| Shares Outstanding (Mil) | 48.00 | 47.80 | 0.42% |
| Cumulative Contribution | 8.52% |
Market Drivers
9/29/2025 to 12/29/2025| Return | Correlation | |
|---|---|---|
| GWW | 8.5% | |
| Market (SPY) | 3.6% | 33.1% |
| Sector (XLI) | 2.5% | 59.3% |
Fundamental Drivers
The -0.9% change in GWW stock from 6/30/2025 to 12/29/2025 was primarily driven by a -12.0% change in the company's Net Income Margin (%).| 6302025 | 12292025 | Change | |
|---|---|---|---|
| Stock Price ($) | 1035.31 | 1026.31 | -0.87% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 17239.00 | 17750.00 | 2.96% |
| Net Income Margin (%) | 11.08% | 9.75% | -12.03% |
| P/E Multiple | 26.13 | 28.36 | 8.54% |
| Shares Outstanding (Mil) | 48.20 | 47.80 | 0.83% |
| Cumulative Contribution | -0.88% |
Market Drivers
6/30/2025 to 12/29/2025| Return | Correlation | |
|---|---|---|
| GWW | -0.9% | |
| Market (SPY) | 11.6% | 42.1% |
| Sector (XLI) | 6.8% | 52.2% |
Fundamental Drivers
The -3.1% change in GWW stock from 12/29/2024 to 12/29/2025 was primarily driven by a -9.8% change in the company's Net Income Margin (%).| 12292024 | 12292025 | Change | |
|---|---|---|---|
| Stock Price ($) | 1059.49 | 1026.31 | -3.13% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 16932.00 | 17750.00 | 4.83% |
| Net Income Margin (%) | 10.80% | 9.75% | -9.77% |
| P/E Multiple | 28.27 | 28.36 | 0.31% |
| Shares Outstanding (Mil) | 48.80 | 47.80 | 2.05% |
| Cumulative Contribution | -3.17% |
Market Drivers
12/29/2024 to 12/29/2025| Return | Correlation | |
|---|---|---|
| GWW | -3.1% | |
| Market (SPY) | 16.6% | 52.0% |
| Sector (XLI) | 18.9% | 61.5% |
Fundamental Drivers
The 89.6% change in GWW stock from 12/30/2022 to 12/29/2025 was primarily driven by a 49.1% change in the company's P/E Multiple.| 12302022 | 12292025 | Change | |
|---|---|---|---|
| Stock Price ($) | 541.31 | 1026.31 | 89.60% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 14785.00 | 17750.00 | 20.05% |
| Net Income Margin (%) | 9.78% | 9.75% | -0.34% |
| P/E Multiple | 19.02 | 28.36 | 49.12% |
| Shares Outstanding (Mil) | 50.80 | 47.80 | 5.91% |
| Cumulative Contribution | 88.94% |
Market Drivers
12/30/2023 to 12/29/2025| Return | Correlation | |
|---|---|---|
| GWW | 26.0% | |
| Market (SPY) | 47.9% | 50.8% |
| Sector (XLI) | 41.1% | 65.1% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| GWW Return | 23% | 29% | 9% | 51% | 28% | -2% | 227% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 151% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 17% | 114% |
Monthly Win Rates [3] | |||||||
| GWW Win Rate | 50% | 67% | 42% | 67% | 75% | 42% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| GWW Max Drawdown | -38% | -11% | -14% | -3% | -2% | -13% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See GWW Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/29/2025 (YTD)
How Low Can It Go
| Event | GWW | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -16.9% | -25.4% |
| % Gain to Breakeven | 20.3% | 34.1% |
| Time to Breakeven | 33 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -39.2% | -33.9% |
| % Gain to Breakeven | 64.5% | 51.3% |
| Time to Breakeven | 136 days | 148 days |
| 2018 Correction | ||
| % Loss | -39.5% | -19.8% |
| % Gain to Breakeven | 65.2% | 24.7% |
| Time to Breakeven | 149 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -39.1% | -56.8% |
| % Gain to Breakeven | 64.3% | 131.3% |
| Time to Breakeven | 355 days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
W.W. Grainger's stock fell -16.9% during the 2022 Inflation Shock from a high on 8/18/2022. A -16.9% loss requires a 20.3% gain to breakeven.
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W.W. Grainger, Inc. distributes maintenance, repair, and operating (MRO) products and services in the United States, Japan, Canada, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. It offers safety and security supplies, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance supplies, and metalworking and hand tools. It also offers inventory management and technical support services. The company serves businesses, corporations, government entities, and other institutions through sales and service representatives, and electronic and ecommerce channels. W.W. Grainger, Inc. was founded in 1927 and is headquartered in Lake Forest, Illinois.
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Here are 1-2 brief analogies for W.W. Grainger:
The Home Depot for businesses.
Amazon for industrial and MRO supplies.
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- Industrial MRO (Maintenance, Repair, and Operations) Supplies: Grainger distributes a vast array of products used by businesses across various industries for daily operations, equipment maintenance, and facility repairs.
- Safety Products: They provide a comprehensive range of personal protective equipment (PPE), lockout/tagout devices, and other safety solutions to help businesses ensure workplace compliance and employee well-being.
- Material Handling and Storage Equipment: Grainger offers products such as shelving, carts, lifts, and hoists designed to facilitate the efficient movement, organization, and storage of goods within warehouses and facilities.
- Facility Maintenance and Janitorial Supplies: They supply a wide selection of cleaning chemicals, paper products, waste receptacles, and HVAC components crucial for maintaining clean, functional, and comfortable commercial and industrial environments.
- Inventory Management Solutions: Grainger provides services and technologies, including vending machines and specialized software, to help customers optimize their supply chain, reduce costs, and ensure product availability.
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W.W. Grainger (GWW) primarily sells to other companies and institutions, operating on a Business-to-Business (B2B) model. It is a leading broad-line distributor of Maintenance, Repair, and Operations (MRO) products and services.
Due to the highly diverse and fragmented nature of Grainger's customer base, there are no specific "major customer companies" that account for a significant portion of its net sales. Grainger explicitly states that no single customer accounts for more than 1% of its net sales. Therefore, instead of named companies, its customer base is best described by the following broad categories of businesses and institutions it serves:
- Large Enterprises and Strategic Accounts: These are large, often complex organizations across various industries such as manufacturing, healthcare, hospitality, transportation, and retail. These customers typically require comprehensive supply chain solutions, dedicated account management, and integrated e-procurement systems to manage their extensive MRO needs.
- Medium and Small Businesses (SMBs): This vast segment encompasses a wide array of businesses of varying sizes across virtually every sector. These customers value Grainger's extensive product offering, availability, convenience, competitive pricing, and efficient service for their daily operational requirements.
- Government and Institutional Entities: This category includes federal, state, and local government agencies, educational institutions (like universities and schools), and healthcare providers (such as hospitals and clinics). These customers often have specific procurement processes and require a reliable source for a broad range of MRO products to maintain their facilities and operations.
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D.G. Macpherson, Chairman and Chief Executive Officer
D.G. Macpherson joined W.W. Grainger in 2008 and was appointed Chief Executive Officer in October 2016 and Chairman in October 2017. Prior to these roles, he served as Chief Operating Officer from 2015 to 2016 and held positions including Senior Vice President and Group President, Global Supply Chain and International. Before joining Grainger, Mr. Macpherson was a Partner and Managing Director at the Boston Consulting Group (BCG) from 2002 to 2008, where he consulted with Grainger on strategic and operational initiatives. Earlier in his career, he was an operations manager for Rain Bird Sprinkler Manufacturing Company and a test engineer with the U.S. Air Force.
Deidra C. Merriwether, Senior Vice President and Chief Financial Officer
Deidra Merriwether was named Senior Vice President and Chief Financial Officer of W.W. Grainger in January 2021. She joined Grainger in 2013 as Vice President, Finance, Americas. Before her CFO appointment, she served as Senior Vice President and President, North American Sales and Services, and Senior Vice President, Direct Sales and Strategic Initiatives, where she led the development of Grainger's pricing strategy. Prior to Grainger, Ms. Merriwether held general management and financial leadership roles at Sears Holdings, including Chief Operating Officer of Retail Formats. Her career also includes experience in accounting and M&A at PricewaterhouseCoopers and as an engineer and production leader at Eli Lilly. While at Isiah Investments, she was involved in consolidating and purchasing Continental Basketball League franchises.
Paige M. Robbins, Senior Vice President and President, Grainger Business Unit
Paige Robbins is the Senior Vice President and President of the Grainger Business Unit, a role she assumed in 2021. She joined Grainger in 2010 as Vice President, Logistics Management. Her previous roles at Grainger include Senior Vice President, Chief Technology, Merchandising, Marketing and Strategy Officer, and Senior Vice President, Global Supply Chain, Branch Network, Customer Service Centers and Corporate Strategy. Before joining Grainger, Ms. Robbins was a Partner and Managing Director at the Boston Consulting Group, where she focused on industrial companies and advised on areas such as growth, customer segmentation, pricing, supply chain, and merger and acquisition strategies.
Jonny LeRoy, Senior Vice President and Chief Technology Officer
Jonny LeRoy joined W.W. Grainger in 2020 as Senior Vice President and Chief Technology Officer. In this role, he is responsible for the company's technology systems, security, and operations. Prior to Grainger, Mr. LeRoy spent 15 years at ThoughtWorks, where he served as Head of Technology for North America.
Nancy Berardinelli-Krantz, Senior Vice President and Chief Legal Officer
Nancy Berardinelli-Krantz serves as Senior Vice President and Chief Legal Officer for W.W. Grainger, Inc. She oversees the company's corporate affairs organization, including legal, communications, public affairs, ethics and compliance, and environmental, social, and governance (ESG) initiatives. Before joining Grainger, Ms. Berardinelli-Krantz was Chief Legal Officer and Senior Vice President at Eaton Corporation and held various senior leadership roles at The Goodyear Tire and Rubber Company.
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Key Risks to W.W. Grainger (GWW)
- Weakness in the Global Economy and Cyclical Downturns: W.W. Grainger's business performance is significantly influenced by the overall health of the global economy and industrial production. A cyclical downturn or general economic weakness can negatively impact Grainger's sales growth and operating results, as demand for maintenance, repair, and operating (MRO) products is tied to the activity levels and financial stability of its customers.
- Intense Competition and Pricing Pressure: The MRO distribution market in which Grainger operates is highly fragmented. The company faces substantial competition from both larger, more diversified firms and numerous smaller local and national distributors. This competitive landscape can lead to significant pricing pressure, particularly when dealing with large customers who often negotiate discounted pricing due to their higher sales volumes, potentially compressing Grainger's gross margins.
- Inflation, Rising Input Costs, and Supply Chain Disruptions: Grainger is exposed to risks associated with inflation, including increasing product costs, labor rates, fuel, freight, and energy expenses. Market variables, geopolitical events, and climate-related policies can exacerbate these inflationary pressures, impacting the company's ability to effectively manage its operating and administrative expenses. Additionally, the business faces ongoing challenges related to supply chain stability and tariff-related inventory cost headwinds, which can affect profitability and require continuous pricing adjustments.
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Amazon Business's continued expansion and aggressive market penetration in the B2B industrial supplies sector.
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W.W. Grainger Addressable Markets
-
Maintenance, Repair, and Operating (MRO) Supplies and Services:
- Global: The global MRO market size is anticipated to reach USD 700.80 billion in 2025.
- United States (Industrial Distribution Market, which includes MRO supplies): The U.S. industrial distribution market size was estimated at USD 2.902 trillion in 2024 and is projected to be worth around USD 4.758 trillion by 2034.
- North America (Industrial Distribution Market, which includes MRO supplies): The North America industrial distribution market size was valued at USD 3.47 trillion in 2024 and is expected to reach approximately USD 5.02 trillion by 2033.
-
Material Handling Equipment:
- United States: The U.S. material handling equipment market generated a revenue of USD 44.6 billion in 2023 and is expected to reach USD 66.0 billion by 2030. The market size for Material Handling Equipment Distributors in the US is projected to be USD 59.9 billion in 2025.
- United States (Automated Material Handling): The United States automated material handling market size reached USD 41.81 billion in 2025 and is forecast to climb to USD 70.11 billion by 2030.
-
Safety and Security Supplies/Products:
- United States (Personal Protective Equipment - PPE): The United States personal protective equipment market size is estimated at USD 15.6 billion in 2025 and is projected to reach USD 26.83 billion by 2030. The market size of Safety Equipment & Supplies Distributors in the US is estimated at USD 21.4 billion in 2025.
- United States (Workplace Safety Market): The U.S. workplace safety market generated a revenue of USD 4.915 billion in 2024 and is expected to reach USD 10.4634 billion by 2030.
- United States (Functional Safety Products): The US Functional Safety Products Market size is expected to reach USD 7 billion in 2025.
-
Lighting and Electrical Products:
- United States (Overall Lighting Market): The U.S. lighting market was valued at USD 26.5 billion in 2024 and is expected to increase to USD 42.4 billion by 2032.
- United States (LED Lighting Market): The United States LED lighting market size stands at USD 19.22 billion in 2025 and is forecast to reach USD 23.53 billion by 2030.
-
Industrial Supplies Wholesaling:
- United States: The market size of the Industrial Supplies Wholesaling in the US is USD 112.5 billion in 2025.
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Expected Drivers of Future Revenue Growth for W.W. Grainger (GWW) over the Next 2-3 Years:
- Strategic Pricing Actions: W.W. Grainger anticipates continued revenue growth through strategic pricing actions, primarily in response to ongoing inflationary pressures and tariff-related costs, which are expected to persist into 2026. These actions aim to align price with costs and stabilize gross margins.
- High-Touch Solutions Segment Volume Growth and Market Share Gains: The High-Touch Solutions segment is expected to continue driving revenue growth through solid volume expansion and capturing market share. The company has demonstrated strong performance and expects to continue gaining share, particularly with contractors, warehousing, and healthcare customers in the U.S.
- Expansion of Endless Assortment Segment (Zoro and MonotaRO): Growth in the Endless Assortment segment, encompassing Zoro U.S. and MonotaRO, is a significant driver. This segment has shown substantial sales increases and is focused on new customer acquisition and fostering repeat purchases, contributing to overall revenue expansion.
- Investments in Digital and Technological Advancements (including AI): Grainger is investing in technology and artificial intelligence to enhance the customer experience, boost operational productivity, and support sustainable market share gains. These digital initiatives are aimed at differentiating the company and improving efficiencies.
- Concentrated Focus on North American and Japanese Markets: Following the decision to exit the UK market, Grainger is strategically focusing its efforts and investments on its core markets in North America and Japan. This sharpened geographical focus is expected to drive long-term growth in these key regions.
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Share Repurchases
- W.W. Grainger's board authorized the repurchase of up to 5 million shares of common stock in April 2024, replacing the previous authorization with no expiration date.
- The company repurchased $1,201 million of its common stock in 2024 and $850 million in 2023.
- In 2022, share repurchases amounted to $603 million.
Share Issuance
- W.W. Grainger's common stock amounted to $55 million as of June 30, 2025, with no growth in common stock over the last year.
- The number of shares outstanding has seen a slight decline, with 0.049 billion shares in 2024, a 2.2% decrease from 2023.
Outbound Investments
- In October 2025, Grainger announced an agreement to sell its Cromwell business to AURELIUS, a private equity firm, and plans to exit the UK market. This divestiture is expected to remove $40 million in Q4 2025 revenue and provide a 20 basis point annualized operating margin benefit.
- Grainger acquired Merrick Place, a real estate development services provider, for $163 million in October 2021.
- The company divested its subsidiary E&R Industrial to Paradigm Equity in December 2023.
Capital Expenditures
- W.W. Grainger's forecasted capital expenditures for fiscal year 2025 were raised to between $625 million and $675 million.
- Capital expenditures were $541 million in 2024 and $445 million in 2023.
- A primary focus of capital expenditures includes global distribution center expansion, with the commencement of a 1.2 million-square-foot Houston Texas Distribution Center in October 2024.
Latest Trefis Analyses
| Title | Topic | |
|---|---|---|
| DASHBOARDS | ||
| W.W. Grainger Earnings Notes | ||
| W.W. Grainger Earnings Notes | ||
| W.W. Grainger Earnings Notes | ||
| Can W.W. Grainger Stock Hold Up When Markets Turn? | Return | |
| GWW Pulls Back to Support. Smart Time to Enter? | Actionable | |
| W.W. Grainger vs Alphabet: Which Is A Better Investment? | Counter-Intuitive Comparisons | |
| W.W. Grainger vs United Rentals: Which Is A Better Investment? | Counter-Intuitive Comparisons | |
| W.W. Grainger vs Mueller Industries: Which Is A Better Investment? | Counter-Intuitive Comparisons | |
| How Does W.W. Grainger Stock Stack Up Against Its Peers? | Peer Comparison | |
| Better Bet Than GWW Stock: Pay Less Than W.W. Grainger To Get More From D, EXCÂ |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to GWW. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 18.3% | 18.3% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.5% | 5.5% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 7.1% | 7.1% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 2.9% | 2.9% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 5.7% | 5.7% | -0.4% |
| 03312020 | GWW | W.W. Grainger | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 43.0% | 64.2% | -4.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for W.W. Grainger
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 175.78 |
| Mkt Cap | 167.3 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.4% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 8.3% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Mgn LTM | 15.9% |
| Op Mgn 3Y Avg | 15.7% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 16.1% |
| CFO/Rev 3Y Avg | 17.1% |
| FCF/Rev LTM | 12.5% |
| FCF/Rev 3Y Avg | 13.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 167.3 |
| P/S | 3.6 |
| P/EBIT | 21.1 |
| P/E | 33.0 |
| P/CFO | 21.8 |
| Total Yield | 4.5% |
| Dividend Yield | 2.1% |
| FCF Yield 3Y Avg | 5.7% |
| D/E | 0.2 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 0.1% |
| 3M Rtn | 8.1% |
| 6M Rtn | 9.2% |
| 12M Rtn | 11.5% |
| 3Y Rtn | 83.9% |
| 1M Excs Rtn | 0.2% |
| 3M Excs Rtn | 4.4% |
| 6M Excs Rtn | -2.1% |
| 12M Excs Rtn | -4.0% |
| 3Y Excs Rtn | 4.0% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| High-Touch Solutions North America (N.A.) | 13,267 | 12,182 | 10,186 | 9,221 | |
| Endless Assortment | 2,916 | 2,787 | 2,576 | 2,178 | |
| Other net sales | 295 | 259 | 260 | 398 | |
| Single Segment | 11,486 | ||||
| Total | 16,478 | 15,228 | 13,022 | 11,797 | 11,486 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| High-Touch Solutions North America (N.A.) | 2,334 | 1,983 | 1,334 | 1,182 | |
| Endless Assortment | 233 | 223 | 232 | 166 | |
| Other net sales | -2 | 9 | -19 | -329 | |
| Total | 2,565 | 2,215 | 1,547 | 1,019 |
Price Behavior
Price Behavior
| Market Price | $1,026.31 | |
| Market Cap ($ Bil) | 49.1 | |
| First Trading Date | 12/17/1984 | |
| Distance from 52W High | -8.6% | |
| 50 Days | 200 Days | |
| DMA Price | $970.89 | $998.87 |
| DMA Trend | indeterminate | indeterminate |
| Distance from DMA | 5.7% | 2.7% |
| 3M | 1YR | |
| Volatility | 19.4% | 23.5% |
| Downside Capture | 50.97 | 93.01 |
| Upside Capture | 81.83 | 75.63 |
| Correlation (SPY) | 32.6% | 52.3% |
GWW Betas & Captures as of 11/30/2025
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.35 | 0.40 | 0.50 | 0.94 | 0.63 | 0.78 |
| Up Beta | -0.34 | -0.06 | 0.26 | 0.74 | 0.57 | 0.81 |
| Down Beta | -0.21 | 0.84 | 0.42 | 1.29 | 0.46 | 0.55 |
| Up Capture | 51% | 27% | 29% | 44% | 50% | 68% |
| Bmk +ve Days | 12 | 25 | 38 | 73 | 141 | 426 |
| Stock +ve Days | 8 | 19 | 29 | 62 | 117 | 390 |
| Down Capture | 65% | 38% | 85% | 123% | 99% | 96% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 11 | 22 | 33 | 63 | 131 | 360 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of GWW With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| GWW | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -4.3% | 19.1% | 16.7% | 65.4% | 7.5% | 4.2% | -7.3% |
| Annualized Volatility | 23.4% | 18.8% | 19.4% | 19.8% | 15.3% | 17.0% | 34.9% |
| Sharpe Ratio | -0.25 | 0.79 | 0.67 | 2.43 | 0.27 | 0.08 | -0.06 |
| Correlation With Other Assets | 61.7% | 52.3% | -10.9% | 13.8% | 49.6% | 19.5% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Comparison of GWW With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| GWW | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 21.5% | 13.8% | 14.8% | 17.7% | 11.2% | 5.1% | 30.2% |
| Annualized Volatility | 24.5% | 17.2% | 17.1% | 15.6% | 18.7% | 18.9% | 48.6% |
| Sharpe Ratio | 0.78 | 0.64 | 0.70 | 0.91 | 0.48 | 0.18 | 0.57 |
| Correlation With Other Assets | 66.3% | 53.9% | -1.8% | 10.8% | 46.6% | 15.1% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of GWW With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| GWW | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 20.1% | 13.7% | 15.0% | 14.6% | 6.9% | 5.4% | 69.0% |
| Annualized Volatility | 28.4% | 19.9% | 18.0% | 14.8% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.69 | 0.61 | 0.72 | 0.82 | 0.31 | 0.23 | 0.89 |
| Correlation With Other Assets | 63.8% | 56.6% | -2.6% | 20.6% | 45.3% | 9.9% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/31/2025 | 2.4% | -0.4% | 0.8% |
| 8/1/2025 | -10.3% | -9.3% | -2.3% |
| 5/1/2025 | 2.8% | 1.9% | 6.4% |
| 1/31/2025 | -5.6% | -7.2% | -11.1% |
| 10/31/2024 | 0.9% | 8.7% | 9.8% |
| 8/1/2024 | -3.5% | -2.6% | -0.7% |
| 4/25/2024 | -1.1% | -4.0% | -0.2% |
| 2/2/2024 | 5.4% | 3.0% | 7.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 14 | 15 |
| # Negative | 11 | 10 | 9 |
| Median Positive | 3.9% | 5.2% | 7.9% |
| Median Negative | -3.6% | -4.4% | -3.3% |
| Max Positive | 13.0% | 11.4% | 20.2% |
| Max Negative | -10.3% | -9.3% | -14.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 10/31/2025 | 10-Q (09/30/2025) |
| 06/30/2025 | 08/01/2025 | 10-Q (06/30/2025) |
| 03/31/2025 | 05/01/2025 | 10-Q (03/31/2025) |
| 12/31/2024 | 02/20/2025 | 10-K (12/31/2024) |
| 09/30/2024 | 10/31/2024 | 10-Q (09/30/2024) |
| 06/30/2024 | 08/01/2024 | 10-Q (06/30/2024) |
| 03/31/2024 | 04/25/2024 | 10-Q (03/31/2024) |
| 12/31/2023 | 02/22/2024 | 10-K (12/31/2023) |
| 09/30/2023 | 10/26/2023 | 10-Q (09/30/2023) |
| 06/30/2023 | 07/27/2023 | 10-Q (06/30/2023) |
| 03/31/2023 | 04/27/2023 | 10-Q (03/31/2023) |
| 12/31/2022 | 02/21/2023 | 10-K (12/31/2022) |
| 09/30/2022 | 10/28/2022 | 10-Q (09/30/2022) |
| 06/30/2022 | 07/29/2022 | 10-Q (06/30/2022) |
| 03/31/2022 | 04/28/2022 | 10-Q (03/31/2022) |
| 12/31/2021 | 02/23/2022 | 10-K (12/31/2021) |
Insider Activity
Expand for More| Owner | Title | Filing Date | Action | Price | Shares | TransactedValue | Value ofHeld Shares | Form | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | LeRoy Jonny M | SVP, Chief Technology Officer | 9112025 | Sell | 992.36 | 27 | 26,794 | 2,226,856 | Form |
| 1 | Berardinelli Krantz Nancy L | Sr. VP & CLO | 5272025 | Sell | 1075.20 | 280 | 301,056 | 3,622,349 | Form |
| 2 | Thomson Laurie R | VP, Controller | 3122025 | Sell | 1020.07 | 235 | 239,717 | 567,159 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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