W.W. Grainger (GWW) Return on Invested Capital [ROIC] (2009 - 2026)
W.W. Grainger (GWW) reported Return on Invested Capital [ROIC] of 32.31% for Q3 2026, up 2.96 percentage points from 29.36% a year earlier and up 2.69 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).
- The Q3 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] since Q2 2025.
- Year over year, Return on Invested Capital [ROIC] gained in 1 of the last eight quarters, with an average year-over-year change of -2.49 percentage points.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q3 2022 (a gain of 9.23 percentage points); the low point was Q3 2025 (a drop of 4.51 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 29.62% (Q2 2026), 28.98% (Q1 2026) and 28.65% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 67.67 Bn | 65.03 Bn | 2.01 Bn | 32.31% |
| 2 | United Rentals | 65.48 Bn | 64.60 Bn | 2.05 Bn | 14.00% |
| 3 | Fastenal | 60.80 Bn | 59.80 Bn | 1.10 Bn | 33.58% |
| 4 | Ferguson Enterprises | 45.51 Bn | 42.73 Bn | 2.32 Bn | 21.66% |
| 5 | Sunbelt Rentals Holdings | 31.50 Bn | 31.38 Bn | 1.25 Bn | 11.76% |
| 6 | Reliance | 21.26 Bn | 20.31 Bn | 1.45 Bn | 12.54% |
| 7 | Wesco International | 14.25 Bn | 11.29 Bn | 1.57 Bn | 9.77% |
| 8 | Watsco | 11.59 Bn | 9.28 Bn | 578.93 Mn | 14.94% |
| 9 | Avantor | 10.49 Bn | 9.07 Bn | 534.80 Mn | 5.17% |
| 10 | Applied Industrial Technologies | 10.39 Bn | 10.28 Bn | 392.21 Mn | 20.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 32.31% |
| 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 | 32.18% |
| Sep 30, 2024 | 33.87% |
| Jun 30, 2024 | 36.32% |
| Mar 31, 2024 | 35.14% |
| 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% |
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();