W.W. Grainger, Inc. (GWW) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 4.74B | 4.42B | 4.66B | 4.55B | 4.31B | 4.23B | 4.39B | 4.31B | 4.24B | 4B | 4.21B | 4.18B |
| Revenue Growth % | 10.13% | 4.54% | 6.13% | 5.61% | 1.68% | 5.9% | 4.28% | 3.11% | 3.52% | 5.13% | 6.75% | 8.99% |
| Cost of Goods Sold | 2.85B | 2.68B | 2.86B | 2.8B | 2.6B | 2.56B | 2.67B | 2.62B | 2.57B | 2.43B | 2.55B | 2.54B |
| COGS % of Revenue | 60.02% | 60.54% | 61.39% | 61.46% | 60.29% | 60.41% | 60.8% | 60.71% | 60.61% | 60.9% | 60.67% | 60.69% |
| Gross Profit | 1.9B | 1.75B | 1.8B | 1.75B | 1.71B | 1.68B | 1.72B | 1.69B | 1.67B | 1.56B | 1.66B | 1.64B |
| Gross Margin % | 39.98% | 39.46% | 38.61% | 38.54% | 39.71% | 39.59% | 39.2% | 39.29% | 39.39% | 39.1% | 39.33% | 39.31% |
| Gross Profit Growth % | 10.88% | 4.18% | 4.53% | 3.6% | 2.52% | 7.23% | 3.93% | 3.04% | 2.08% | 3.78% | 8.95% | 14.09% |
| Operating Expenses | 1.1B | 1.11B | 1.29B | 1.08B | 1.04B | 1.04B | 1.03B | 1.04B | 999M | 1.01B | 988M | 983M |
| OpEx % of Revenue | 23.26% | 25.13% | 27.64% | 23.65% | 24.11% | 24.64% | 23.56% | 24.23% | 23.59% | 25.17% | 23.48% | 23.51% |
| Selling, General & Admin | 1.1B | 1.11B | 1.29B | 1.08B | 1.04B | 1.04B | 1.03B | 1.04B | 999M | 1.01B | 988M | 983M |
| SG&A % of Revenue | 23.26% | 25.13% | 27.64% | 23.65% | 24.11% | 24.64% | 23.56% | 24.23% | 23.59% | 25.17% | 23.48% | 23.51% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 793M | 634M | 511M | 678M | 672M | 633M | 686M | 649M | 669M | 557M | 667M | 661M |
| Operating Margin % | 16.72% | 14.33% | 10.97% | 14.89% | 15.61% | 14.95% | 15.63% | 15.05% | 15.8% | 13.94% | 15.85% | 15.81% |
| Operating Income Growth % | 18.01% | 0.16% | -25.51% | 4.47% | 0.45% | 13.64% | 2.85% | -1.82% | -1.62% | 2.39% | 10.61% | 23.78% |
| EBITDA | 855M | 698M | 576M | 742M | 733M | 695M | 745M | 709M | 725M | 614M | 723M | 716M |
| EBITDA Margin % | 18.03% | 15.77% | 12.37% | 16.29% | 17.02% | 16.42% | 16.98% | 16.44% | 17.12% | 15.36% | 17.18% | 17.12% |
| EBITDA Growth % | 16.64% | 0.43% | -22.68% | 4.65% | 1.1% | 13.19% | 3.04% | -0.98% | -0.82% | 1.99% | 10.38% | 21.56% |
| D&A (Non-Cash Add-back) | 62M | 64M | 65M | 64M | 61M | 62M | 59M | 60M | 56M | 57M | 56M | 55M |
| EBIT | 793M | 640M | 512M | 681M | 678M | 639M | 690M | 656M | 676M | 564M | 674M | 669M |
| Net Interest Income | -21M | -20M | -20M | -20M | -21M | -17M | -19M | -20M | -21M | -23M | -22M | -24M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 21M | 20M | 20M | 20M | 21M | 17M | 19M | 20M | 21M | 23M | 22M | 24M |
| Other Income/Expense | -18M | -14M | -19M | -17M | -15M | -11M | -15M | -13M | -14M | -16M | -15M | -16M |
| Pretax Income | 775M | 620M | 492M | 661M | 657M | 622M | 671M | 636M | 655M | 541M | 652M | 645M |
| Pretax Margin % | 16.34% | 14.01% | 10.56% | 14.51% | 15.26% | 14.69% | 15.29% | 14.75% | 15.47% | 13.54% | 15.49% | 15.42% |
| Income Tax | 194M | 141M | 171M | 153M | 157M | 125M | 166M | 146M | 158M | 129M | 159M | 155M |
| Effective Tax Rate % | 25.03% | 22.74% | 34.76% | 23.15% | 23.9% | 20.1% | 24.74% | 22.96% | 24.12% | 23.84% | 24.39% | 24.03% |
| Net Income | 555M | 451M | 294M | 482M | 479M | 475M | 486M | 470M | 478M | 395M | 476M | 470M |
| Net Margin % | 11.7% | 10.19% | 6.31% | 10.58% | 11.12% | 11.22% | 11.08% | 10.9% | 11.29% | 9.88% | 11.31% | 11.24% |
| Net Income Growth % | 15.87% | -5.05% | -39.51% | 2.55% | 0.21% | 20.25% | 2.1% | 0% | -2.05% | 2.86% | 11.74% | 26.68% |
| Net Income (Continuing) | 581M | 479M | 321M | 508M | 500M | 497M | 505M | 490M | 497M | 412M | 493M | 490M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 413M | 0 | 400M | 409M | 367M | 345M | 353M | 310M | 310M | 326M | 292M | 292M |
| EPS (Diluted) | 11.65 | 9.44 | 6.09 | 10.02 | 9.86 | 9.71 | 9.94 | 9.55 | 9.68 | 7.95 | 9.50 | 9.34 |
| EPS Growth % | 18.15% | -2.78% | -38.73% | 4.92% | 1.86% | 22.14% | 4.63% | 2.25% | 0.21% | 5.58% | 13.91% | 29.9% |
| EPS (Basic) | 11.73 | 9.45 | 6.10 | 10.04 | 9.88 | 9.74 | 9.96 | 9.59 | 9.72 | 7.98 | 9.54 | 9.38 |
| Diluted Shares Outstanding | 47.4M | 47.6M | 48.1M | 48.2M | 48.3M | 48.7M | 48.9M | 49.2M | 49.4M | 49.7M | 50.1M | 50.3M |
| Basic Shares Outstanding | 47.3M | 47.5M | 48M | 48.1M | 48.2M | 48.6M | 48.8M | 49M | 49.2M | 49.5M | 49.9M | 50.1M |
| Dividend Payout Ratio | 19.46% | 24.17% | 45.24% | 22.82% | 24.01% | 21.05% | 23.66% | 21.49% | 21.97% | 23.29% | 22.27% | 22.77% |