Global Industrial (GIC) Operating Leases (2019 - 2026)
Global Industrial's Operating Leases came in at $84.5 million for Q2 2026, down 8.3% from $92.1 million a year earlier but up 1.4% from the prior quarter.
Global Industrial (GIC) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Global Industrial's Operating Leases was $87.5 million, up 26.8% from FY2024.
- Operating Leases carries a five-year compound annual growth rate of 2.5% (FY2020 to FY2025).
- Going back by year, Operating Leases was $69 million in FY2024 (-15.2%), $81.4 million in FY2023 (-8.6%), $89.1 million in FY2022 (+30.1%) and $68.5 million in FY2021 (-11.3%).
- The five-year range for quarterly Operating Leases is $65.8 million (Q1 2022) to $100.1 million (Q3 2025).
- Year-over-year, Operating Leases increased in four of the last eight quarters, with growth averaging 7.9%.
- The fastest year-over-year change in Operating Leases over five years came in Q3 2025 (growth of 39.0%), and the weakest in Q2 2024 (a decline of 16.0%).
- Business Quant data shows GIC's Operating Leases at $83.3 million (Q1 2026), $87.5 million (Q4 2025) and $100.1 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn |
| 10 | Global Industrial | 1.61 Bn | 1.33 Bn | 155.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 84.50 Mn |
| Mar 31, 2026 | 83.30 Mn |
| Dec 31, 2025 | 87.50 Mn |
| Sep 30, 2025 | 100.10 Mn |
| Jun 30, 2025 | 92.10 Mn |
| Mar 31, 2025 | 66.30 Mn |
| Dec 31, 2024 | 69.00 Mn |
| Sep 30, 2024 | 72.00 Mn |
| Jun 30, 2024 | 73.90 Mn |
| Mar 31, 2024 | 77.80 Mn |
| Dec 31, 2023 | 81.40 Mn |
| Sep 30, 2023 | 84.10 Mn |
| Jun 30, 2023 | 88.00 Mn |
| Mar 31, 2023 | 86.20 Mn |
| Dec 31, 2022 | 89.10 Mn |
| Sep 30, 2022 | 89.70 Mn |
| Jun 30, 2022 | 95.90 Mn |
| Mar 31, 2022 | 65.80 Mn |
| Dec 31, 2021 | 68.50 Mn |
| Sep 30, 2021 | 71.00 Mn |
Global Industrial Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=GIC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "GIC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=GIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();