W.W. Grainger (GWW) Return on Invested Capital [ROIC] (2009 - 2026)
W.W. Grainger (GWW) reported Return on Invested Capital [ROIC] of 29.62% for Q2 2026, down 3.11 percentage points from 32.73% a year earlier but up 0.64 percentage points from the prior quarter.
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Analysis
W.W. Grainger (GWW) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, W.W. Grainger posted Return on Invested Capital [ROIC] of 28.32%, down 4.90 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of +9.78 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 33.22% in FY2024 (-2.96 pp), 36.17% in FY2023 (+1.40 pp), 34.77% in FY2022 (+9.02 pp) and 25.75% in FY2021 (+7.22 pp).
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of 23.19% in Q3 2021 and a high of 47.80% in Q2 2024.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last six quarters, with an average year-over-year change of -4.97 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q2 2024 (a gain of 13.11 percentage points); the low point was Q3 2025 (a drop of 16.78 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 28.98% (Q1 2026), 28.65% (Q4 2025) and 29.36% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 67.37 Bn | 66.13 Bn | 1.73 Bn | 13.51% |
| 2 | W.W. Grainger | 60.32 Bn | 58.30 Bn | 1.98 Bn | 29.62% |
| 3 | Fastenal | 58.24 Bn | 57.16 Bn | 1.06 Bn | 32.56% |
| 4 | Ferguson Enterprises | 43.34 Bn | 40.56 Bn | 2.32 Bn | 21.66% |
| 5 | Sunbelt Rentals Holdings | 31.62 Bn | 31.50 Bn | 1.25 Bn | 11.76% |
| 6 | Reliance | 20.43 Bn | 19.48 Bn | 1.30 Bn | 10.47% |
| 7 | Wesco International | 18.60 Bn | 15.91 Bn | 1.46 Bn | 9.33% |
| 8 | Applied Industrial Technologies | 12.64 Bn | 12.52 Bn | 411.22 Mn | 19.24% |
| 9 | Watsco | 10.59 Bn | 8.75 Bn | 578.93 Mn | 14.94% |
| 10 | Avantor | 10.38 Bn | 9.17 Bn | 537.00 Mn | -3.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.62% |
| Mar 31, 2026 | 28.98% |
| Dec 31, 2025 | 28.65% |
| Sep 30, 2025 | 29.36% |
| Jun 30, 2025 | 32.73% |
| Mar 31, 2025 | 32.26% |
| Dec 31, 2024 | 37.47% |
| Sep 30, 2024 | 46.14% |
| Jun 30, 2024 | 47.80% |
| Mar 31, 2024 | 39.76% |
| Dec 31, 2023 | 34.20% |
| Sep 30, 2023 | 34.60% |
| Jun 30, 2023 | 34.68% |
| Mar 31, 2023 | 34.36% |
| Dec 31, 2022 | 33.55% |
| Sep 30, 2022 | 32.42% |
| Jun 30, 2022 | 30.31% |
| Mar 31, 2022 | 28.00% |
| Dec 31, 2021 | 25.76% |
| Sep 30, 2021 | 23.19% |
API Access
W.W. Grainger Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=GWW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=GWW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();