Income StatementBalance SheetCash FlowSegments
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W.W. Grainger Cash Flow Statement

Operating, investing, and financing cash movements

W.W. Grainger generated $2.1B in operating cash flow over the trailing twelve months. After $729.0M in capital expenditures, free cash flow was $1.4B. Free cash flow decreased 0.1% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$2.1BNet Cash From Investing (TTM)-$698.0MNet Cash From Financing (TTM)-$1.4BCapital Expenditures (TTM)$729.0MDepreciation And Amortization (TTM)$255.0MNet Change In Cash (TTM)$847.0M
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$58.2B
P/E Ratio32.69
ROE48.1%

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Proceeds from lines of credit—$1.0M$62.0M$27.0M—$50.0M
Repayments of debt$1.0M$502.0M$1.0M$0.0$3.0M$1.0M
Dividends paid$100.0M$115.0M$110.0M$133.0M$109.0M$108.0M
Net cash from financing activities-$565.0M-$898.0M-$303.0M-$398.0M-$226.0M-$446.0M
Proceeds from issuance of common stock$4.0M$2.0M$0.0$0.0$13.0M$6.0M
Repurchases of common stock$462.0M$281.0M$226.0M$291.0M$247.0M$237.0M
Taxes paid for net share settlement$6.0M$3.0M$27.0M$1.0M$5.0M$5.0M
Other, net$0.0$0.0-$1.0M$0.0-$1.0M-$1.0M
Proceeds From Payments To Minority Shareholders—$0.0———-$25.0M
Short-term borrowings/(repayments) less than 90 days — net$0.0$0.0———-$125.0M

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures$258.0M$125.0M$175.0M$258.0M$126.0M$170.0M
Net cash from investing activities-$258.0M-$125.0M-$158.0M-$260.0M-$102.0M-$178.0M
Payment for (Proceeds from) Other Investing Activity-$4.5M$0.0-$13.0M$2.0M—$8.0M

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in accounts receivable—$128.0M$84.0M$40.0M—$303.0M
Change in income taxes payable/receivable—$106.0M-$143.0M-$5.0M—$173.0M
Change in inventories$163.0M-$6.0M$25.0M$8.0M$120.0M-$5.0M
Other working capital changes$16.0M-$2.0M-$15.0M-$3.0M$29.0M-$1.0M
Depreciation and amortization$62.0M$61.0M$64.0M$65.0M$64.0M$62.0M
Net cash from operating activities$428.0M$646.0M$377.0M$597.0M$395.0M$739.0M
Net income$497.0M$500.0M$508.0M$321.0M$479.0M$581.0M
Stock-based compensation$14.0M$12.0M$23.0M$14.0M$15.0M$14.0M
Accounts payable—$154.0M$77.0M-$46.0M—$253.0M
Operating lease liabilities-$23.0M-$25.0M-$28.0M-$26.0M-$25.0M-$24.0M
Accrued liabilities—-$42.0M-$18.0M$64.0M$34.0M-$5.0M
Increase (Decrease) in Prepaid Expense and Other Assets$10.0M$19.0M$14.0M-$1.0M$41.0M$50.0M
Operating lease right-of-use asset amortization$23.0M$20.0M$21.0M$21.0M$20.0M$20.0M
Deferred income taxes and tax uncertainties-$32.0M-$4.0M$5.0M$36.0M—$8.0M
Accounts Receivable, Credit Loss Expense (Reversal)$5.0M$7.0M$6.0M$7.0M$3.0M$6.0M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$170.0M$521.0M$202.0M$339.0M$269.0M$569.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effect of exchange rate changes on cash-$17.0M$7.0M$15.0M-$1.0M—-$5.0M
Net increase (decrease) in cash—-$370.0M-$69.0M-$62.0M—$110.0M

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest paid$27.8M$26.5M$26.5M$26.5M$26.5M—
Income Taxes Paid, Net$151.5M$152.5M$152.5M$152.5M$152.5M—