W.W. Grainger (GWW) Change in Inventory (2009 - 2026)
W.W. Grainger (GWW) reported Change in Inventory of -$9 million for Q2 2026, compared with $25 million a year earlier.
W.W. Grainger (GWW) Change in Inventory (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, W.W. Grainger's Change in Inventory came in at $114 million, down 31.7% year-over-year; for FY2025, it was $147 million, up 90.9% from FY2024.
- Change in Inventory has a five-year compound annual growth rate of -1.4% (FY2020 to FY2025).
- By year, Change in Inventory came in at $77 million in FY2024 (+381.3%), $16 million in FY2023 (-96.1%), $412 million in FY2022 (+171.1%) and $152 million in FY2021 (-3.8%).
- The Q2 2026 figure ranks as the lowest quarterly Change in Inventory since Q3 2024.
- The high point for year-over-year Change in Inventory in five years was Q2 2025 (growth of 400.0%); the low point was Q4 2023 (a decline of 63.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -$5 million (Q1 2026), $120 million (Q4 2025) and $8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.68 Bn | 56.66 Bn | 1.98 Bn | -9.00 Mn |
| 2 | Fastenal | 56.84 Bn | 55.76 Bn | 1.06 Bn | 44.80 Mn |
| 3 | Ferguson Enterprises | 43.23 Bn | 40.45 Bn | 2.32 Bn | 92.00 Mn |
| 4 | Sunbelt Rentals Holdings | 30.01 Bn | 29.89 Bn | 1.25 Bn | 1.00 Mn |
| 5 | Reliance | 19.64 Bn | 18.69 Bn | 1.30 Bn | 91.40 Mn |
| 6 | Wesco International | 17.52 Bn | 14.83 Bn | 1.46 Bn | 217.20 Mn |
| 7 | Applied Industrial Technologies | 12.22 Bn | 12.09 Bn | 411.22 Mn | - |
| 8 | Watsco | 10.77 Bn | 8.93 Bn | 578.93 Mn | 113.54 Mn |
| 9 | Avantor | 10.19 Bn | 8.98 Bn | 537.00 Mn | 34.50 Mn |
| 10 | Core & Main | 7.65 Bn | 6.95 Bn | 573.00 Mn | 36.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.00 Mn |
| Mar 31, 2026 | -5.00 Mn |
| Dec 31, 2025 | 120.00 Mn |
| Sep 30, 2025 | 8.00 Mn |
| Jun 30, 2025 | 25.00 Mn |
| Mar 31, 2025 | -6.00 Mn |
| Dec 31, 2024 | 163.00 Mn |
| Sep 30, 2024 | -15.00 Mn |
| Jun 30, 2024 | 5.00 Mn |
| Mar 31, 2024 | -76.00 Mn |
| Dec 31, 2023 | 58.00 Mn |
| Sep 30, 2023 | -14.00 Mn |
| Jun 30, 2023 | -24.00 Mn |
| Mar 31, 2023 | -4.00 Mn |
| Dec 31, 2022 | 159.00 Mn |
| Sep 30, 2022 | 104.00 Mn |
| Jun 30, 2022 | 84.00 Mn |
| Mar 31, 2022 | 65.00 Mn |
| Dec 31, 2021 | 88.00 Mn |
| Sep 30, 2021 | 86.00 Mn |
W.W. Grainger Change in Inventory 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=change-in-inventory&ticker=GWW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "GWW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=GWW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();