W.W. Grainger (GWW) Operating Leases (2020 - 2026)
W.W. Grainger's Operating Leases was $310 million in Q3 2026, up 12.7% from $275 million a year earlier but down 2.2% from the prior quarter.
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Analysis
W.W. Grainger (GWW) Operating Leases (2020 - 2026) Analysis & Trends
At the end of FY2025, Operating Leases at W.W. Grainger came in at $301 million, down 8.0% from FY2024.
- Operating Leases shows a five-year compound annual growth rate of 13.2% (FY2020 to FY2025).
- In earlier years, Operating Leases was $327 million in FY2024 (-14.2%), $381 million in FY2023 (+19.8%), $318 million in FY2022 (-4.8%) and $334 million in FY2021 (+106.2%).
- Quarterly Operating Leases has moved between $275 million (Q3 2025) and $381 million (Q4 2023) over five years.
- Compared with a year earlier, Operating Leases was higher in two of the last eight quarters, with an average decline of 7.3%.
- The best year-over-year quarter for Operating Leases over five years was Q4 2021 (growth of 106.2%); the worst was Q3 2025 (a decline of 22.1%).
- Per Business Quant data, GWW's Operating Leases in the three quarters before Q3 2026 was $317 million (Q2 2026), $299 million (Q1 2026) and $301 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 70.43 Bn | 69.55 Bn | 2.05 Bn |
| 2 | W.W. Grainger | 68.61 Bn | 65.97 Bn | 2.01 Bn |
| 3 | Fastenal | 62.67 Bn | 61.67 Bn | 1.10 Bn |
| 4 | Ferguson Enterprises | 51.22 Bn | 48.44 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 33.38 Bn | 33.26 Bn | 1.25 Bn |
| 6 | Reliance | 21.43 Bn | 20.48 Bn | 1.45 Bn |
| 7 | Wesco International | 15.39 Bn | 12.44 Bn | 1.57 Bn |
| 8 | Watsco | 12.08 Bn | 9.77 Bn | 578.93 Mn |
| 9 | Applied Industrial Technologies | 10.87 Bn | 10.76 Bn | 392.21 Mn |
| 10 | Avantor | 10.65 Bn | 9.23 Bn | 534.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 310.00 Mn |
| Jun 30, 2026 | 317.00 Mn |
| Mar 31, 2026 | 299.00 Mn |
| Dec 31, 2025 | 301.00 Mn |
| Sep 30, 2025 | 275.00 Mn |
| Jun 30, 2025 | 305.00 Mn |
| Mar 31, 2025 | 320.00 Mn |
| Dec 31, 2024 | 327.00 Mn |
| Sep 30, 2024 | 353.00 Mn |
| Jun 30, 2024 | 352.00 Mn |
| Mar 31, 2024 | 359.00 Mn |
| Dec 31, 2023 | 381.00 Mn |
| Sep 30, 2023 | 361.00 Mn |
| Jun 30, 2023 | 375.00 Mn |
| Mar 31, 2023 | 340.00 Mn |
| Dec 31, 2022 | 318.00 Mn |
| Sep 30, 2022 | 305.00 Mn |
| Jun 30, 2022 | 282.00 Mn |
| Mar 31, 2022 | 303.00 Mn |
| Dec 31, 2021 | 334.00 Mn |
API Access
W.W. Grainger 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=GWW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=GWW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();