What is the primary revenue source for W. W. Grainger (GWW)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze GWW's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out W. W. Grainger's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How W. W. Grainger Makes Money: GWW Revenue Breakdown (2026)

Operations

Where did the money come from, and where was it spent?

Steady

Revenue and operating profit grew together, indicating healthy core operations.

The largest revenue segment accounts for 79.06% of revenue, indicating concentration.

Operating margin improved by 1.15 percentage points year over year.

Revenue: USD 9.76B
Largest revenue segment share (High-Touch Solutions (N.A.)): 79.06%
Cost of revenue: USD 5.88B
Selling, general and administrative: USD 2.28B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

RevenueNet sales · RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenueCost of goods sold · CostOfGoodsAndServicesSold
Selling, general and administrativeSelling, general and administrative expenses · SellingGeneralAndAdministrativeExpense
Largest revenue segment share (High-Touch Solutions (N.A.))High-Touch Solutions (N.A.) · segment_value / revenue * 100
Operating marginSegment operating earnings · operating_income / revenue * 100

Assets

Where is the money tied up, and how is the company financed?

Insufficient data

Current data explains this period's structure but is insufficient for a year-over-year conclusion.

Accounts receivable: USD 2.83B
Property, plant and equipment: USD 2.40B
Inventory: USD 2.37B
Shareholder equity: USD 4.51B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Shareholder equityTotal shareholders' equity · StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
InventoryInventories – net · InventoryNet
Accounts receivableAccounts receivable (less allowance for credit losses of $33 and $32, respectively) · AccountsReceivableNetCurrent
Property, plant and equipmentProperty, buildings and equipment – net · PropertyPlantAndEquipmentNet

Some conclusions lack complete source metrics and should be interpreted cautiously.

Cash

Did accounting profit ultimately turn into cash?

Steady

Operating cash flow covers accounting profit, showing good cash conversion.

Operating cash flow equals 105.16% of net income.

Free cash flow remains positive after capital expenditure.

Net income: USD 1.13B
Operating cash flow: USD 1.18B
Cash conversion: 105.16%
Free cash flow: USD 902.00M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Net incomeNet earnings attributable to w.w. grainger, inc. · NetIncomeLoss
Free cash flowcfo - capex
Cash conversionoperating_cash_flow / net_income * 100
Operating cash flowsum(waterfull.operating)

Shareholders

Did the money earned actually make its way back to shareholders?

Steady

Dividends and net buybacks are covered by free cash flow, so cash genuinely reached shareholders.

Cash dividends: USD 253.00M
Share repurchases: USD 461.00M
Stock issuance proceeds: USD 8.00M
Net shareholder return: USD 706.00M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Cash dividendsPayments of ordinary dividends, common stock · PaymentsOfDividendsCommonStock · abs(node_value)
Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Share repurchasesPayments for repurchase of common stock · PaymentsForRepurchaseOfCommonStock · abs(node_value)
Stock issuance proceedsProceeds from stock options exercised · ProceedsFromStockOptionsExercised · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

Please select a report to view

Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?