Global Industrial Company (GIC) 10-Year Financial Performance & Capital Metrics

GIC • • Industrial / General

IndustrialsIndustrial DistributionGeneral Industrial MRO DistributionBroadline Industrial Distributors

AboutGlobal Industrial Company, through its subsidiaries, operates as a value-added industrial distributor of industrial and maintenance, repair, and operation (MRO) products in North America. The company offers industrial and MRO products under Global, GlobalIndustrial.com, Nexel, Paramount, and Interion trademarks. It offers products, including storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, food service and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials. The company offers its products to businesses; state, local, and private educational organizations; and government entities through relationship marketers, e-commerce sites, and catalogs. The company was formerly known as Systemax Inc. Global Industrial Company was founded in 1949 and is headquartered in Port Washington, New York.Show more

Revenue $1.32B +3.3%
EBITDA $88M -14.4%
Net Income $61M -13.7%
EPS (Diluted) 1.58 -14.1%
Gross Margin 34.35% +0.4%
EBITDA Margin 6.69% -17.1%
Operating Margin 6.12% -19.2%
Net Margin 4.64% -16.4%
ROE 22.75% -25.1%
ROIC 18.99% -21.3%
Debt/Equity 0.30 -21.0%
Interest Coverage 402.50 +358.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 32.1%
✓Healthy dividend yield of 3.2%
✓Efficient asset utilization: 2.5x turnover

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-9.17%

5Y6.8%

3Y7.37%

TTM0.16%

Profit (Net Income) CAGR

10Y-

5Y4.69%

3Y-16.1%

TTM3.96%

EPS CAGR

10Y-

5Y4.14%

3Y-4.95%

TTM2.34%

ROCE

10Y Avg26.57%

5Y Avg35.07%

3Y Avg31.1%

Latest23.28%

Peer Comparison

Broadline Industrial Distributors

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
FASTFastenal Company	49.97B	43.53	43.53	2.71%	15.34%	31.5%	1.89%	0.13
DXPEDXP Enterprises, Inc.	1.89B	120.69	28.60	7.35%	4.45%	17.86%	4.08%	1.60
GWWW.W. Grainger, Inc.	50.56B	1063.30	27.47	4.19%	9.75%	43.68%	3.11%	0.86
GICGlobal Industrial Company	1.22B	31.65	20.03	3.26%	5.11%	21.58%	3.85%	0.30

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	1.85B	1.68B	1.27B	896.9M	946.9M	1.03B	1.06B	1.17B	1.27B	1.32B
Revenue Growth %	-0.46%	-0.09%	-0.25%	-0.29%	0.06%	0.09%	0.03%	0.1%	0.09%	0.03%
Cost of Goods Sold+	1.51B	1.36B	914M	589.2M	621.2M	672.1M	688.8M	744.9M	838.5M	863.9M
COGS % of Revenue	0.82%	0.81%	0.72%	0.66%	0.66%	0.65%	0.65%	0.64%	0.66%	0.66%
Gross Profit+	342.7M	324.7M	351.4M	307.7M	325.7M	356.9M	374.3M	421.2M	435.8M	452M
Gross Margin %	0.18%	0.19%	0.28%	0.34%	0.34%	0.35%	0.35%	0.36%	0.34%	0.34%
Gross Profit Growth %	-0.31%	-0.05%	0.08%	-0.12%	0.06%	0.1%	0.05%	0.13%	0.03%	0.04%
Operating Expenses+	338.9M	314.7M	279.8M	245.2M	259.6M	272.8M	286.3M	316M	339.3M	371.5M
OpEx % of Revenue	0.18%	0.19%	0.22%	0.27%	0.27%	0.27%	0.27%	0.27%	0.27%	0.28%
Selling, General & Admin	338.9M	314.7M	279.8M	245.2M	256.5M	272.8M	282.8M	316M	335M	367.1M
SG&A % of Revenue	0.18%	0.19%	0.22%	0.27%	0.27%	0.27%	0.27%	0.27%	0.26%	0.28%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	3.1M	0	3.5M	0	4.3M	4.4M
Operating Income+	-24.1M	4.1M	71.3M	61.7M	66.1M	84.1M	88M	105.2M	96.5M	80.5M
Operating Margin %	-0.01%	0%	0.06%	0.07%	0.07%	0.08%	0.08%	0.09%	0.08%	0.06%
Operating Income Growth %	0.07%	1.17%	16.39%	-0.13%	0.07%	0.27%	0.05%	0.2%	-0.08%	-0.17%
EBITDA+	-14.8M	9.4M	74.9M	66.2M	70.2M	88.2M	91.7M	109.1M	102.9M	88.1M
EBITDA Margin %	-0.01%	0.01%	0.06%	0.07%	0.07%	0.09%	0.09%	0.09%	0.08%	0.07%
EBITDA Growth %	-0.54%	1.64%	6.97%	-0.12%	0.06%	0.26%	0.04%	0.19%	-0.06%	-0.14%
D&A (Non-Cash Add-back)	9.3M	5.3M	3.6M	4.5M	4.1M	4.1M	3.7M	3.9M	6.4M	7.6M
EBIT	-33.8M	26.8M	45.7M	62.5M	65.3M	84M	88M	105.2M	96.5M	80M
Net Interest Income+	-700K	-300K	-200K	1.6M	0	-100K	-100K	-1.1M	-1.1M	-200K
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	700K	300K	200K	1.6M	0	100K	100K	1.1M	1.1M	200K
Other Income/Expense	-31.3M	-1.5M	-200K	1.2M	0	-100K	-400K	-1.4M	-1.3M	-700K
Pretax Income+	-34.8M	2.1M	70.8M	62.9M	66.1M	84M	87.6M	103.8M	95.2M	79.8M
Pretax Margin %	-0.02%	0%	0.06%	0.07%	0.07%	0.08%	0.08%	0.09%	0.07%	0.06%
Income Tax+	13.5M	10M	5.3M	13.4M	16.1M	19.9M	17.5M	25.7M	24.5M	19.1M
Effective Tax Rate %	2.87%	-15.52%	0.57%	3.57%	0.73%	0.78%	1.18%	0.76%	0.74%	0.76%
Net Income+	-99.8M	-32.6M	40.4M	224.7M	48.5M	65.4M	103.3M	78.8M	70.7M	61M
Net Margin %	-0.05%	-0.02%	0.03%	0.25%	0.05%	0.06%	0.1%	0.07%	0.06%	0.05%
Net Income Growth %	-1.66%	0.67%	2.24%	4.56%	-0.78%	0.35%	0.58%	-0.24%	-0.1%	-0.14%
Net Income (Continuing)	-24M	3.9M	65.5M	49.5M	50M	64.1M	70.1M	78.1M	70.7M	60.7M
Discontinued Operations	-51.5M	-36.5M	0	175.2M	-1.5M	1.3M	33.2M	700K	0	300K
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-2.69	-0.88	1.07	5.93	1.29	1.71	1.84	2.06	1.84	1.58
EPS Growth %	-1.66%	0.67%	2.22%	4.54%	-0.78%	0.33%	0.08%	0.12%	-0.11%	-0.14%
EPS (Basic)	-2.70	-0.88	1.09	6.04	1.29	1.72	1.85	2.07	1.85	1.59
Diluted Shares Outstanding	37.1M	37.2M	37.6M	37.9M	37.7M	37.7M	38M	38.1M	38.2M	38.4M
Basic Shares Outstanding	36.92M	37.2M	37M	37.2M	37.5M	37.5M	37.8M	38M	38.1M	38.3M
Dividend Payout Ratio	-	-	0.32%	0.49%	5.39%	2.05%	0.61%	0.35%	0.43%	0.63%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	640.3M	511.2M	494.1M	497.4M	304.3M	263.8M	301.4M	325.7M	329.8M	352.6M
Cash & Short-Term Investments	215.1M	149.7M	184.5M	295.4M	97.2M	22.4M	15.4M	28.5M	34.4M	44.6M
Cash Only	215.1M	149.7M	184.5M	295.4M	97.2M	22.4M	15.4M	28.5M	34.4M	44.6M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	266.3M	148.6M	73.1M	84.1M	88.2M	102.3M	106.8M	108M	130.7M	126.5M
Days Sales Outstanding	52.41	32.28	21.09	34.23	34	36.29	36.67	33.8	37.44	35.09
Inventory	144.4M	140.7M	131.5M	107.3M	112.5M	132.3M	172.8M	179.4M	150.8M	167.1M
Days Inventory Outstanding	34.86	37.89	52.51	66.47	66.1	71.85	91.57	87.91	65.64	70.6
Other Current Assets	14.5M	92.3M	145M	10.6M	6.4M	6.8M	6.4M	0	13.9M	14.4M
Total Non-Current Assets+	70.1M	54.9M	57.3M	32.6M	92.6M	111.1M	103.6M	129.5M	183.6M	168.1M
Property, Plant & Equipment	38.3M	29.5M	15.1M	14.9M	77.1M	93.9M	85.3M	111.3M	104.4M	91.8M
Fixed Asset Turnover	48.43x	56.95x	83.80x	60.19x	12.28x	10.96x	12.46x	10.48x	12.21x	14.33x
Goodwill	9.2M	0	5.5M	5.5M	5.5M	5.5M	5.5M	5.5M	40M	39.6M
Intangible Assets	9.6M	15.7M	5.1M	2.2M	1.7M	1.5M	1.3M	1.1M	29.3M	26.1M
Long-Term Investments	0	0	0	0	0	1.6M	0	0	0	0
Other Non-Current Assets	4.1M	3.6M	1.5M	1.1M	1M	1000K	1.2M	1.7M	2M	2.5M
Total Assets+	710.4M	566.1M	551.4M	530M	396.9M	374.9M	405M	455.2M	513.4M	520.7M
Asset Turnover	2.61x	2.97x	2.29x	1.69x	2.39x	2.74x	2.62x	2.56x	2.48x	2.53x
Asset Growth %	-0.21%	-0.2%	-0.03%	-0.04%	-0.25%	-0.06%	0.08%	0.12%	0.13%	0.01%
Total Current Liabilities+	426.1M	325M	315.8M	379.6M	159.8M	186.4M	179.9M	153.1M	174.2M	168.4M
Accounts Payable	346.5M	181.3M	108.1M	101.1M	115.9M	125.4M	114.4M	96.9M	111M	106.5M
Days Payables Outstanding	83.65	48.82	43.17	62.63	68.1	68.1	60.62	47.48	48.32	45
Short-Term Debt	0	0	0	0	0	10.3M	4.5M	600K	0	0
Deferred Revenue (Current)	1000K	1000K	0	0	0	0	0	0	1000K	1000K
Other Current Liabilities	38.1M	116.9M	184.2M	253.3M	8.4M	23.4M	28.2M	10.1M	11.4M	10.3M
Current Ratio	1.50x	1.57x	1.56x	1.31x	1.90x	1.42x	1.68x	2.13x	1.89x	2.09x
Quick Ratio	1.16x	1.14x	1.15x	1.03x	1.20x	0.71x	0.71x	0.96x	1.03x	1.10x
Cash Conversion Cycle	3.62	21.35	30.43	38.07	32	40.03	67.61	74.23	54.76	60.69
Total Non-Current Liabilities+	30.4M	26.7M	23.8M	12.7M	61.6M	81.7M	71.5M	91.7M	84M	71.2M
Long-Term Debt	400K	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	400K	0	0	0	58.7M	77.2M	68.5M	89.1M	81.4M	69M
Deferred Tax Liabilities	400K	500K	100K	100K	100K	0	0	0	0	0
Other Non-Current Liabilities	28.9M	26.2M	23.7M	12.6M	2.8M	4.5M	3M	2.6M	2.6M	2.2M
Total Liabilities	456.5M	351.7M	339.6M	392.3M	221.4M	268.1M	251.4M	244.8M	258.2M	239.6M
Total Debt+	1M	200K	0	0	68.6M	87.5M	83.5M	102.1M	95.5M	83.1M
Net Debt	-214.1M	-149.5M	-184.5M	-295.4M	-28.6M	65.1M	68.1M	73.6M	61.1M	38.5M
Debt / Equity	0.00x	0.00x	-	-	0.39x	0.82x	0.54x	0.49x	0.37x	0.30x
Debt / EBITDA	-	0.02x	-	-	0.98x	0.99x	0.91x	0.94x	0.93x	0.94x
Net Debt / EBITDA	-	-15.90x	-2.46x	-4.46x	-0.41x	0.74x	0.74x	0.67x	0.59x	0.44x
Interest Coverage	-34.43x	13.67x	356.50x	38.56x	-	841.00x	880.00x	95.64x	87.73x	402.50x
Total Equity+	253.9M	214.4M	211.8M	137.7M	175.5M	106.8M	153.6M	210.4M	255.2M	281.1M
Equity Growth %	-0.29%	-0.16%	-0.01%	-0.35%	0.27%	-0.39%	0.44%	0.37%	0.21%	0.1%
Book Value per Share	6.84	5.76	5.63	3.63	4.66	2.83	4.04	5.52	6.68	7.32
Total Shareholders' Equity	253.9M	214.4M	211.8M	137.7M	175.5M	106.8M	153.6M	210.4M	255.2M	281.1M
Common Stock	400K	400K	400K	400K	400K	400K	400K	400K	400K	400K
Retained Earnings	109.4M	73.1M	44.8M	-27.6M	2.8M	-66.5M	-25.5M	25.9M	66M	88.6M
Treasury Stock	-24.5M	-23.9M	-21.8M	-25.1M	-20.4M	-24M	-20.4M	-19.5M	-18.6M	-16.8M
Accumulated OCI	-15.8M	-20.7M	1.9M	3M	3M	3.4M	3.3M	2.4M	2.6M	1.4M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	86.5M	-57.4M	45.6M	-22.3M	68.4M	68.2M	49.8M	50.2M	112M	50.7M
Operating CF Margin %	0.05%	-0.03%	0.04%	-0.02%	0.07%	0.07%	0.05%	0.04%	0.09%	0.04%
Operating CF Growth %	866%	-1.66%	1.79%	-1.49%	4.07%	-0%	-0.27%	0.01%	1.23%	-0.55%
Net Income	-48.3M	-7.9M	76.1M	49.5M	50M	64.1M	70.1M	78.1M	70.7M	60.7M
Depreciation & Amortization	9.3M	7.9M	5.1M	4.5M	4.1M	4.1M	3.7M	3.9M	6.4M	7.6M
Stock-Based Compensation	1.2M	1.7M	1.6M	900K	5.4M	4.7M	2.9M	4.5M	3M	2.8M
Deferred Taxes	5.5M	4.4M	-17.8M	8.4M	1.4M	-500K	-3.2M	0	2M	-500K
Other Non-Cash Items	-39.9M	-21.9M	-11.1M	-29.5M	-1.4M	2.1M	5M	1.9M	3.2M	2.4M
Working Capital Changes	158.7M	-41.6M	-8.3M	-56.1M	8.9M	-6.3M	-28.7M	-38.2M	26.7M	-22.3M
Change in Receivables	70.7M	35.6M	-13.7M	-11.9M	-5.6M	-15M	-7.4M	-3.3M	-2.6M	1.6M
Change in Inventory	153.5M	500K	-9.6M	-19.4M	-5M	-19.7M	-40.5M	-7M	33.3M	-17.1M
Change in Payables	-62.7M	-70.4M	2.9M	-6.6M	14.6M	10.1M	19.7M	-17M	1.2M	-4M
Cash from Investing+	-34.7M	-2.7M	-2.8M	245.1M	-6.9M	-2.7M	-3.4M	-7.1M	-76.2M	-3.8M
Capital Expenditures	-11.3M	-3.3M	-2.8M	-4.5M	-6.9M	-2.7M	-3.4M	-7.4M	-3.9M	-3.8M
CapEx % of Revenue	0.01%	0%	0%	0.01%	0.01%	0%	0%	0.01%	0%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	1.4M	25.4M	-400K	249.6M	0	0	0	300K	0	0
Cash from Financing+	-3M	-4.1M	-11.5M	-115M	-259.6M	-138.8M	-55M	-29.7M	-29.7M	-36.7M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	-3.7M	-13M	-109.3M	-261.6M	-134.3M	-62.5M	-27.6M	-30.6M	-38.4M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-100K	-100K	-800K	-1.9M	-100K	-600K	-1.9M	1M	900K	-100K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	75.2M	-60.7M	42.8M	-26.8M	61.5M	65.5M	46.4M	42.8M	108.1M	46.9M
FCF Margin %	0.04%	-0.04%	0.03%	-0.03%	0.06%	0.06%	0.04%	0.04%	0.08%	0.04%
FCF Growth %	11.44%	-1.81%	1.71%	-1.63%	3.29%	0.07%	-0.29%	-0.08%	1.53%	-0.57%
FCF per Share	2.03	-1.63	1.14	-0.71	1.63	1.74	1.22	1.12	2.83	1.22
FCF Conversion (FCF/Net Income)	-0.87x	1.76x	1.13x	-0.10x	1.41x	1.04x	0.48x	0.64x	1.58x	0.83x
Interest Paid	700K	700K	400K	200K	300K	200K	300K	1.2M	1.1M	300K
Taxes Paid	4.1M	5.8M	5.8M	36.6M	11.3M	17.7M	27M	32.8M	23.7M	17.9M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-32.53%	-13.92%	18.96%	128.58%	30.97%	46.33%	79.34%	43.3%	30.37%	22.75%
Return on Invested Capital (ROIC)	-15.01%	5.87%	116%	-	33.75%	39.57%	33.54%	31.2%	24.11%	18.99%
Gross Margin	18.48%	19.33%	27.77%	34.31%	34.4%	34.68%	35.21%	36.12%	34.2%	34.35%
Net Margin	-5.38%	-1.94%	3.19%	25.05%	5.12%	6.36%	9.72%	6.76%	5.55%	4.64%
Debt / Equity	0.00x	0.00x	-	-	0.39x	0.82x	0.54x	0.49x	0.37x	0.30x
Interest Coverage	-34.43x	13.67x	356.50x	38.56x	-	841.00x	880.00x	95.64x	87.73x	402.50x
FCF Conversion	-0.87x	1.76x	1.13x	-0.10x	1.41x	1.04x	0.48x	0.64x	1.58x	0.83x
Revenue Growth	-46.13%	-9.41%	-24.68%	-29.12%	5.57%	8.67%	3.31%	9.69%	9.28%	3.26%

Revenue by Segment

	2017	2018	2019	2020	2021	2022	2023	2024
Reportable	-	-	-	-	-	-	-	1.32B
Reportable Growth	-	-	-	-	-	-	-	-
Industrial products segment	791.8M	896.9M	-	-	-	-	-	-
Industrial products segment Growth	-	13.27%	-	-	-	-	-	-

Revenue by Geography

	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	759.4M	854.6M	901.3M	968.1M	993.9M	1.09B	1.21B	1.25B
UNITED STATES Growth	-	12.54%	5.46%	7.41%	2.67%	10.10%	10.23%	3.51%
CANADA	-	42.3M	45.6M	60.9M	69.2M	71.8M	68M	67.3M
CANADA Growth	-	-	7.80%	33.55%	13.63%	3.76%	-5.29%	-1.03%
Other North America	32.4M	42.3M	-	-	-	-	-	-
Other North America Growth	-	30.56%	-	-	-	-	-	-
GERMANY	-	-	-	-	-	-	-	-
GERMANY Growth	-	-	-	-	-	-	-	-
FRANCE	473.6M	-	-	-	-	-	-	-
FRANCE Growth	-	-	-	-	-	-	-	-
Other Europe and Asia	-	-	-	-	-	-	-	-
Other Europe and Asia Growth	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Global Industrial Company (GIC) has a price-to-earnings (P/E) ratio of 20.0x. This is roughly in line with market averages.

Growth & Financials

Global Industrial Company (GIC) reported $1.34B in revenue for fiscal year 2024. This represents a 64% decrease from $3.68B in 2011.

Global Industrial Company (GIC) grew revenue by 3.3% over the past year. Growth has been modest.

Yes, Global Industrial Company (GIC) is profitable, generating $68.2M in net income for fiscal year 2024 (4.6% net margin).

Dividend & Returns

Yes, Global Industrial Company (GIC) pays a dividend with a yield of 3.16%. This makes it attractive for income-focused investors.

Global Industrial Company (GIC) has a return on equity (ROE) of 22.7%. This is excellent, indicating efficient use of shareholder capital.

Global Industrial Company (GIC) generated $70.7M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Global Industrial Company (GIC) 10-Year Financial Performance & Capital Metrics

GIC • • Industrial / General

IndustrialsIndustrial DistributionGeneral Industrial MRO DistributionBroadline Industrial Distributors

Revenue $1.32B +3.3%
EBITDA $88M -14.4%
Net Income $61M -13.7%
EPS (Diluted) 1.58 -14.1%
Gross Margin 34.35% +0.4%
EBITDA Margin 6.69% -17.1%
Operating Margin 6.12% -19.2%
Net Margin 4.64% -16.4%
ROE 22.75% -25.1%
ROIC 18.99% -21.3%
Debt/Equity 0.30 -21.0%
Interest Coverage 402.50 +358.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 32.1%
✓Healthy dividend yield of 3.2%
✓Efficient asset utilization: 2.5x turnover

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-9.17%

5Y6.8%

3Y7.37%

TTM0.16%

Profit (Net Income) CAGR

10Y-

5Y4.69%

3Y-16.1%

TTM3.96%

EPS CAGR

10Y-

5Y4.14%

3Y-4.95%

TTM2.34%

ROCE

10Y Avg26.57%

5Y Avg35.07%

3Y Avg31.1%

Latest23.28%

Peer Comparison

Broadline Industrial Distributors

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
FASTFastenal Company	49.97B	43.53	43.53	2.71%	15.34%	31.5%	1.89%	0.13
DXPEDXP Enterprises, Inc.	1.89B	120.69	28.60	7.35%	4.45%	17.86%	4.08%	1.60
GWWW.W. Grainger, Inc.	50.56B	1063.30	27.47	4.19%	9.75%	43.68%	3.11%	0.86
GICGlobal Industrial Company	1.22B	31.65	20.03	3.26%	5.11%	21.58%	3.85%	0.30

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	1.85B	1.68B	1.27B	896.9M	946.9M	1.03B	1.06B	1.17B	1.27B	1.32B
Revenue Growth %	-0.46%	-0.09%	-0.25%	-0.29%	0.06%	0.09%	0.03%	0.1%	0.09%	0.03%
Cost of Goods Sold+	1.51B	1.36B	914M	589.2M	621.2M	672.1M	688.8M	744.9M	838.5M	863.9M
COGS % of Revenue	0.82%	0.81%	0.72%	0.66%	0.66%	0.65%	0.65%	0.64%	0.66%	0.66%
Gross Profit+	342.7M	324.7M	351.4M	307.7M	325.7M	356.9M	374.3M	421.2M	435.8M	452M
Gross Margin %	0.18%	0.19%	0.28%	0.34%	0.34%	0.35%	0.35%	0.36%	0.34%	0.34%
Gross Profit Growth %	-0.31%	-0.05%	0.08%	-0.12%	0.06%	0.1%	0.05%	0.13%	0.03%	0.04%
Operating Expenses+	338.9M	314.7M	279.8M	245.2M	259.6M	272.8M	286.3M	316M	339.3M	371.5M
OpEx % of Revenue	0.18%	0.19%	0.22%	0.27%	0.27%	0.27%	0.27%	0.27%	0.27%	0.28%
Selling, General & Admin	338.9M	314.7M	279.8M	245.2M	256.5M	272.8M	282.8M	316M	335M	367.1M
SG&A % of Revenue	0.18%	0.19%	0.22%	0.27%	0.27%	0.27%	0.27%	0.27%	0.26%	0.28%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	3.1M	0	3.5M	0	4.3M	4.4M
Operating Income+	-24.1M	4.1M	71.3M	61.7M	66.1M	84.1M	88M	105.2M	96.5M	80.5M
Operating Margin %	-0.01%	0%	0.06%	0.07%	0.07%	0.08%	0.08%	0.09%	0.08%	0.06%
Operating Income Growth %	0.07%	1.17%	16.39%	-0.13%	0.07%	0.27%	0.05%	0.2%	-0.08%	-0.17%
EBITDA+	-14.8M	9.4M	74.9M	66.2M	70.2M	88.2M	91.7M	109.1M	102.9M	88.1M
EBITDA Margin %	-0.01%	0.01%	0.06%	0.07%	0.07%	0.09%	0.09%	0.09%	0.08%	0.07%
EBITDA Growth %	-0.54%	1.64%	6.97%	-0.12%	0.06%	0.26%	0.04%	0.19%	-0.06%	-0.14%
D&A (Non-Cash Add-back)	9.3M	5.3M	3.6M	4.5M	4.1M	4.1M	3.7M	3.9M	6.4M	7.6M
EBIT	-33.8M	26.8M	45.7M	62.5M	65.3M	84M	88M	105.2M	96.5M	80M
Net Interest Income+	-700K	-300K	-200K	1.6M	0	-100K	-100K	-1.1M	-1.1M	-200K
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	700K	300K	200K	1.6M	0	100K	100K	1.1M	1.1M	200K
Other Income/Expense	-31.3M	-1.5M	-200K	1.2M	0	-100K	-400K	-1.4M	-1.3M	-700K
Pretax Income+	-34.8M	2.1M	70.8M	62.9M	66.1M	84M	87.6M	103.8M	95.2M	79.8M
Pretax Margin %	-0.02%	0%	0.06%	0.07%	0.07%	0.08%	0.08%	0.09%	0.07%	0.06%
Income Tax+	13.5M	10M	5.3M	13.4M	16.1M	19.9M	17.5M	25.7M	24.5M	19.1M
Effective Tax Rate %	2.87%	-15.52%	0.57%	3.57%	0.73%	0.78%	1.18%	0.76%	0.74%	0.76%
Net Income+	-99.8M	-32.6M	40.4M	224.7M	48.5M	65.4M	103.3M	78.8M	70.7M	61M
Net Margin %	-0.05%	-0.02%	0.03%	0.25%	0.05%	0.06%	0.1%	0.07%	0.06%	0.05%
Net Income Growth %	-1.66%	0.67%	2.24%	4.56%	-0.78%	0.35%	0.58%	-0.24%	-0.1%	-0.14%
Net Income (Continuing)	-24M	3.9M	65.5M	49.5M	50M	64.1M	70.1M	78.1M	70.7M	60.7M
Discontinued Operations	-51.5M	-36.5M	0	175.2M	-1.5M	1.3M	33.2M	700K	0	300K
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-2.69	-0.88	1.07	5.93	1.29	1.71	1.84	2.06	1.84	1.58
EPS Growth %	-1.66%	0.67%	2.22%	4.54%	-0.78%	0.33%	0.08%	0.12%	-0.11%	-0.14%
EPS (Basic)	-2.70	-0.88	1.09	6.04	1.29	1.72	1.85	2.07	1.85	1.59
Diluted Shares Outstanding	37.1M	37.2M	37.6M	37.9M	37.7M	37.7M	38M	38.1M	38.2M	38.4M
Basic Shares Outstanding	36.92M	37.2M	37M	37.2M	37.5M	37.5M	37.8M	38M	38.1M	38.3M
Dividend Payout Ratio	-	-	0.32%	0.49%	5.39%	2.05%	0.61%	0.35%	0.43%	0.63%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	640.3M	511.2M	494.1M	497.4M	304.3M	263.8M	301.4M	325.7M	329.8M	352.6M
Cash & Short-Term Investments	215.1M	149.7M	184.5M	295.4M	97.2M	22.4M	15.4M	28.5M	34.4M	44.6M
Cash Only	215.1M	149.7M	184.5M	295.4M	97.2M	22.4M	15.4M	28.5M	34.4M	44.6M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	266.3M	148.6M	73.1M	84.1M	88.2M	102.3M	106.8M	108M	130.7M	126.5M
Days Sales Outstanding	52.41	32.28	21.09	34.23	34	36.29	36.67	33.8	37.44	35.09
Inventory	144.4M	140.7M	131.5M	107.3M	112.5M	132.3M	172.8M	179.4M	150.8M	167.1M
Days Inventory Outstanding	34.86	37.89	52.51	66.47	66.1	71.85	91.57	87.91	65.64	70.6
Other Current Assets	14.5M	92.3M	145M	10.6M	6.4M	6.8M	6.4M	0	13.9M	14.4M
Total Non-Current Assets+	70.1M	54.9M	57.3M	32.6M	92.6M	111.1M	103.6M	129.5M	183.6M	168.1M
Property, Plant & Equipment	38.3M	29.5M	15.1M	14.9M	77.1M	93.9M	85.3M	111.3M	104.4M	91.8M
Fixed Asset Turnover	48.43x	56.95x	83.80x	60.19x	12.28x	10.96x	12.46x	10.48x	12.21x	14.33x
Goodwill	9.2M	0	5.5M	5.5M	5.5M	5.5M	5.5M	5.5M	40M	39.6M
Intangible Assets	9.6M	15.7M	5.1M	2.2M	1.7M	1.5M	1.3M	1.1M	29.3M	26.1M
Long-Term Investments	0	0	0	0	0	1.6M	0	0	0	0
Other Non-Current Assets	4.1M	3.6M	1.5M	1.1M	1M	1000K	1.2M	1.7M	2M	2.5M
Total Assets+	710.4M	566.1M	551.4M	530M	396.9M	374.9M	405M	455.2M	513.4M	520.7M
Asset Turnover	2.61x	2.97x	2.29x	1.69x	2.39x	2.74x	2.62x	2.56x	2.48x	2.53x
Asset Growth %	-0.21%	-0.2%	-0.03%	-0.04%	-0.25%	-0.06%	0.08%	0.12%	0.13%	0.01%
Total Current Liabilities+	426.1M	325M	315.8M	379.6M	159.8M	186.4M	179.9M	153.1M	174.2M	168.4M
Accounts Payable	346.5M	181.3M	108.1M	101.1M	115.9M	125.4M	114.4M	96.9M	111M	106.5M
Days Payables Outstanding	83.65	48.82	43.17	62.63	68.1	68.1	60.62	47.48	48.32	45
Short-Term Debt	0	0	0	0	0	10.3M	4.5M	600K	0	0
Deferred Revenue (Current)	1000K	1000K	0	0	0	0	0	0	1000K	1000K
Other Current Liabilities	38.1M	116.9M	184.2M	253.3M	8.4M	23.4M	28.2M	10.1M	11.4M	10.3M
Current Ratio	1.50x	1.57x	1.56x	1.31x	1.90x	1.42x	1.68x	2.13x	1.89x	2.09x
Quick Ratio	1.16x	1.14x	1.15x	1.03x	1.20x	0.71x	0.71x	0.96x	1.03x	1.10x
Cash Conversion Cycle	3.62	21.35	30.43	38.07	32	40.03	67.61	74.23	54.76	60.69
Total Non-Current Liabilities+	30.4M	26.7M	23.8M	12.7M	61.6M	81.7M	71.5M	91.7M	84M	71.2M
Long-Term Debt	400K	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	400K	0	0	0	58.7M	77.2M	68.5M	89.1M	81.4M	69M
Deferred Tax Liabilities	400K	500K	100K	100K	100K	0	0	0	0	0
Other Non-Current Liabilities	28.9M	26.2M	23.7M	12.6M	2.8M	4.5M	3M	2.6M	2.6M	2.2M
Total Liabilities	456.5M	351.7M	339.6M	392.3M	221.4M	268.1M	251.4M	244.8M	258.2M	239.6M
Total Debt+	1M	200K	0	0	68.6M	87.5M	83.5M	102.1M	95.5M	83.1M
Net Debt	-214.1M	-149.5M	-184.5M	-295.4M	-28.6M	65.1M	68.1M	73.6M	61.1M	38.5M
Debt / Equity	0.00x	0.00x	-	-	0.39x	0.82x	0.54x	0.49x	0.37x	0.30x
Debt / EBITDA	-	0.02x	-	-	0.98x	0.99x	0.91x	0.94x	0.93x	0.94x
Net Debt / EBITDA	-	-15.90x	-2.46x	-4.46x	-0.41x	0.74x	0.74x	0.67x	0.59x	0.44x
Interest Coverage	-34.43x	13.67x	356.50x	38.56x	-	841.00x	880.00x	95.64x	87.73x	402.50x
Total Equity+	253.9M	214.4M	211.8M	137.7M	175.5M	106.8M	153.6M	210.4M	255.2M	281.1M
Equity Growth %	-0.29%	-0.16%	-0.01%	-0.35%	0.27%	-0.39%	0.44%	0.37%	0.21%	0.1%
Book Value per Share	6.84	5.76	5.63	3.63	4.66	2.83	4.04	5.52	6.68	7.32
Total Shareholders' Equity	253.9M	214.4M	211.8M	137.7M	175.5M	106.8M	153.6M	210.4M	255.2M	281.1M
Common Stock	400K	400K	400K	400K	400K	400K	400K	400K	400K	400K
Retained Earnings	109.4M	73.1M	44.8M	-27.6M	2.8M	-66.5M	-25.5M	25.9M	66M	88.6M
Treasury Stock	-24.5M	-23.9M	-21.8M	-25.1M	-20.4M	-24M	-20.4M	-19.5M	-18.6M	-16.8M
Accumulated OCI	-15.8M	-20.7M	1.9M	3M	3M	3.4M	3.3M	2.4M	2.6M	1.4M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	86.5M	-57.4M	45.6M	-22.3M	68.4M	68.2M	49.8M	50.2M	112M	50.7M
Operating CF Margin %	0.05%	-0.03%	0.04%	-0.02%	0.07%	0.07%	0.05%	0.04%	0.09%	0.04%
Operating CF Growth %	866%	-1.66%	1.79%	-1.49%	4.07%	-0%	-0.27%	0.01%	1.23%	-0.55%
Net Income	-48.3M	-7.9M	76.1M	49.5M	50M	64.1M	70.1M	78.1M	70.7M	60.7M
Depreciation & Amortization	9.3M	7.9M	5.1M	4.5M	4.1M	4.1M	3.7M	3.9M	6.4M	7.6M
Stock-Based Compensation	1.2M	1.7M	1.6M	900K	5.4M	4.7M	2.9M	4.5M	3M	2.8M
Deferred Taxes	5.5M	4.4M	-17.8M	8.4M	1.4M	-500K	-3.2M	0	2M	-500K
Other Non-Cash Items	-39.9M	-21.9M	-11.1M	-29.5M	-1.4M	2.1M	5M	1.9M	3.2M	2.4M
Working Capital Changes	158.7M	-41.6M	-8.3M	-56.1M	8.9M	-6.3M	-28.7M	-38.2M	26.7M	-22.3M
Change in Receivables	70.7M	35.6M	-13.7M	-11.9M	-5.6M	-15M	-7.4M	-3.3M	-2.6M	1.6M
Change in Inventory	153.5M	500K	-9.6M	-19.4M	-5M	-19.7M	-40.5M	-7M	33.3M	-17.1M
Change in Payables	-62.7M	-70.4M	2.9M	-6.6M	14.6M	10.1M	19.7M	-17M	1.2M	-4M
Cash from Investing+	-34.7M	-2.7M	-2.8M	245.1M	-6.9M	-2.7M	-3.4M	-7.1M	-76.2M	-3.8M
Capital Expenditures	-11.3M	-3.3M	-2.8M	-4.5M	-6.9M	-2.7M	-3.4M	-7.4M	-3.9M	-3.8M
CapEx % of Revenue	0.01%	0%	0%	0.01%	0.01%	0%	0%	0.01%	0%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	1.4M	25.4M	-400K	249.6M	0	0	0	300K	0	0
Cash from Financing+	-3M	-4.1M	-11.5M	-115M	-259.6M	-138.8M	-55M	-29.7M	-29.7M	-36.7M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	-3.7M	-13M	-109.3M	-261.6M	-134.3M	-62.5M	-27.6M	-30.6M	-38.4M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-100K	-100K	-800K	-1.9M	-100K	-600K	-1.9M	1M	900K	-100K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	75.2M	-60.7M	42.8M	-26.8M	61.5M	65.5M	46.4M	42.8M	108.1M	46.9M
FCF Margin %	0.04%	-0.04%	0.03%	-0.03%	0.06%	0.06%	0.04%	0.04%	0.08%	0.04%
FCF Growth %	11.44%	-1.81%	1.71%	-1.63%	3.29%	0.07%	-0.29%	-0.08%	1.53%	-0.57%
FCF per Share	2.03	-1.63	1.14	-0.71	1.63	1.74	1.22	1.12	2.83	1.22
FCF Conversion (FCF/Net Income)	-0.87x	1.76x	1.13x	-0.10x	1.41x	1.04x	0.48x	0.64x	1.58x	0.83x
Interest Paid	700K	700K	400K	200K	300K	200K	300K	1.2M	1.1M	300K
Taxes Paid	4.1M	5.8M	5.8M	36.6M	11.3M	17.7M	27M	32.8M	23.7M	17.9M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-32.53%	-13.92%	18.96%	128.58%	30.97%	46.33%	79.34%	43.3%	30.37%	22.75%
Return on Invested Capital (ROIC)	-15.01%	5.87%	116%	-	33.75%	39.57%	33.54%	31.2%	24.11%	18.99%
Gross Margin	18.48%	19.33%	27.77%	34.31%	34.4%	34.68%	35.21%	36.12%	34.2%	34.35%
Net Margin	-5.38%	-1.94%	3.19%	25.05%	5.12%	6.36%	9.72%	6.76%	5.55%	4.64%
Debt / Equity	0.00x	0.00x	-	-	0.39x	0.82x	0.54x	0.49x	0.37x	0.30x
Interest Coverage	-34.43x	13.67x	356.50x	38.56x	-	841.00x	880.00x	95.64x	87.73x	402.50x
FCF Conversion	-0.87x	1.76x	1.13x	-0.10x	1.41x	1.04x	0.48x	0.64x	1.58x	0.83x
Revenue Growth	-46.13%	-9.41%	-24.68%	-29.12%	5.57%	8.67%	3.31%	9.69%	9.28%	3.26%

Revenue by Segment

	2017	2018	2019	2020	2021	2022	2023	2024
Reportable	-	-	-	-	-	-	-	1.32B
Reportable Growth	-	-	-	-	-	-	-	-
Industrial products segment	791.8M	896.9M	-	-	-	-	-	-
Industrial products segment Growth	-	13.27%	-	-	-	-	-	-

Revenue by Geography

	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	759.4M	854.6M	901.3M	968.1M	993.9M	1.09B	1.21B	1.25B
UNITED STATES Growth	-	12.54%	5.46%	7.41%	2.67%	10.10%	10.23%	3.51%
CANADA	-	42.3M	45.6M	60.9M	69.2M	71.8M	68M	67.3M
CANADA Growth	-	-	7.80%	33.55%	13.63%	3.76%	-5.29%	-1.03%
Other North America	32.4M	42.3M	-	-	-	-	-	-
Other North America Growth	-	30.56%	-	-	-	-	-	-
GERMANY	-	-	-	-	-	-	-	-
GERMANY Growth	-	-	-	-	-	-	-	-
FRANCE	473.6M	-	-	-	-	-	-	-
FRANCE Growth	-	-	-	-	-	-	-	-
Other Europe and Asia	-	-	-	-	-	-	-	-
Other Europe and Asia Growth	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Global Industrial Company (GIC) has a price-to-earnings (P/E) ratio of 20.0x. This is roughly in line with market averages.

Growth & Financials

Global Industrial Company (GIC) reported $1.34B in revenue for fiscal year 2024. This represents a 64% decrease from $3.68B in 2011.

Global Industrial Company (GIC) grew revenue by 3.3% over the past year. Growth has been modest.

Yes, Global Industrial Company (GIC) is profitable, generating $68.2M in net income for fiscal year 2024 (4.6% net margin).

Dividend & Returns

Yes, Global Industrial Company (GIC) pays a dividend with a yield of 3.16%. This makes it attractive for income-focused investors.

Global Industrial Company (GIC) has a return on equity (ROE) of 22.7%. This is excellent, indicating efficient use of shareholder capital.

Global Industrial Company (GIC) generated $70.7M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.