W.W. Grainger Past Earnings Performance
Past criteria checks 5/6
W.W. Grainger has been growing earnings at an average annual rate of 22%, while the Trade Distributors industry saw earnings growing at 20.7% annually. Revenues have been growing at an average rate of 9.2% per year. W.W. Grainger's return on equity is 53.9%, and it has net margins of 10.9%.
Key information
22.0%
Earnings growth rate
24.3%
EPS growth rate
| Trade Distributors Industry Growth | 41.7% |
| Revenue growth rate | 9.2% |
| Return on equity | 53.9% |
| Net Margin | 10.9% |
| Next Earnings Update | 01 Aug 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How W.W. Grainger makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 16,622 | 1,819 | 3,868 | 0 |
| 31 Dec 23 | 16,478 | 1,829 | 3,823 | 0 |
| 30 Sep 23 | 16,283 | 1,818 | 3,817 | 0 |
| 30 Jun 23 | 16,017 | 1,768 | 3,745 | 0 |
| 31 Mar 23 | 15,672 | 1,669 | 3,669 | 0 |
| 31 Dec 22 | 15,228 | 1,547 | 3,529 | 0 |
| 30 Sep 22 | 14,785 | 1,446 | 3,274 | 0 |
| 30 Jun 22 | 14,215 | 1,317 | 3,170 | 0 |
| 31 Mar 22 | 13,585 | 1,171 | 3,053 | 0 |
| 31 Dec 21 | 13,022 | 1,043 | 3,088 | 0 |
| 30 Sep 21 | 12,604 | 928 | 3,096 | 0 |
| 30 Jun 21 | 12,250 | 871 | 2,875 | 0 |
| 31 Mar 21 | 11,880 | 760 | 2,895 | 0 |
| 31 Dec 20 | 11,797 | 695 | 2,946 | 0 |
| 30 Sep 20 | 11,703 | 630 | 2,856 | 0 |
| 30 Jun 20 | 11,632 | 623 | 3,025 | 0 |
| 31 Mar 20 | 11,688 | 769 | 2,960 | 0 |
| 31 Dec 19 | 11,486 | 849 | 2,912 | 0 |
| 30 Sep 19 | 11,402 | 955 | 2,879 | 0 |
| 30 Jun 19 | 11,286 | 826 | 2,866 | 0 |
| 31 Mar 19 | 11,254 | 803 | 2,874 | 0 |
| 31 Dec 18 | 11,221 | 782 | 2,909 | 0 |
| 30 Sep 18 | 11,091 | 723 | 2,906 | 0 |
| 30 Jun 18 | 10,896 | 779 | 2,877 | 0 |
| 31 Mar 18 | 10,650 | 640 | 2,875 | 0 |
| 31 Dec 17 | 10,425 | 586 | 2,845 | 0 |
| 30 Sep 17 | 10,263 | 491 | 2,932 | 0 |
| 30 Jun 17 | 10,223 | 515 | 2,899 | 0 |
| 31 Mar 17 | 10,172 | 589 | 2,898 | 0 |
| 31 Dec 16 | 10,137 | 601 | 2,826 | 0 |
| 30 Sep 16 | 10,145 | 684 | 2,795 | 0 |
| 30 Jun 16 | 10,081 | 690 | 2,831 | 0 |
| 31 Mar 16 | 10,040 | 738 | 2,798 | 0 |
| 31 Dec 15 | 9,973 | 761 | 2,822 | 0 |
| 30 Sep 15 | 10,006 | 765 | 2,874 | 0 |
| 30 Jun 15 | 10,035 | 802 | 2,870 | 0 |
| 31 Mar 15 | 10,019 | 787 | 2,893 | 0 |
| 31 Dec 14 | 9,965 | 792 | 2,848 | 0 |
| 30 Sep 14 | 9,831 | 800 | 2,877 | 0 |
| 30 Jun 14 | 9,667 | 780 | 2,864 | 0 |
| 31 Mar 14 | 9,543 | 791 | 2,821 | 0 |
| 31 Dec 13 | 9,438 | 785 | 2,788 | 0 |
| 30 Sep 13 | 9,287 | 784 | 2,762 | 0 |
| 30 Jun 13 | 9,169 | 729 | 2,797 | 0 |
Quality Earnings: GWW has high quality earnings.
Growing Profit Margin: GWW's current net profit margins (10.9%) are higher than last year (10.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GWW's earnings have grown significantly by 22% per year over the past 5 years.
Accelerating Growth: GWW's earnings growth over the past year (9%) is below its 5-year average (22% per year).
Earnings vs Industry: GWW earnings growth over the past year (9%) exceeded the Trade Distributors industry -15.1%.
Return on Equity
High ROE: GWW's Return on Equity (53.9%) is considered outstanding.