W.W. Grainger (GWW) Shares Outstanding (Diluted) (2009 - 2026)
W.W. Grainger's Weighted Average Shares Outstanding (Diluted) came in at 47.1 million for Q3 2026, down 1.7% from 47.9 million a year earlier and down 0.2% from the prior quarter.
W.W. Grainger (GWW) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, W.W. Grainger's Weighted Average Shares Outstanding (Diluted) was 48 million, down 2.0% from FY2024.
- Weighted Average Shares Outstanding (Diluted) has declined in each of the last 13 years, with a five-year compound annual growth rate of -2.2% (FY2020 to FY2025).
- Going back by year, Weighted Average Shares Outstanding (Diluted) was 49 million in FY2024 (-2.2%), 50.1 million in FY2023 (-2.0%), 51.1 million in FY2022 (-2.1%) and 52.2 million in FY2021 (-2.8%).
- The Q3 2026 figure represents the lowest quarterly Weighted Average Shares Outstanding (Diluted) in data going back to Q1 2009.
- Year-over-year, Weighted Average Shares Outstanding (Diluted) has declined for 55 consecutive quarters, with an average decline of 2.0% over the last eight quarters.
- Across the past five years, year-over-year decline in Weighted Average Shares Outstanding (Diluted) ran from 1.7% in Q3 2026 to 2.8% in Q4 2021.
- Business Quant data shows GWW's Weighted Average Shares Outstanding (Diluted) at 47.2 million (Q2 2026), 47.4 million (Q1 2026) and 48 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 67.67 Bn | 65.03 Bn | 2.01 Bn | 47.10 Mn |
| 2 | United Rentals | 65.48 Bn | 64.60 Bn | 2.05 Bn | 62.26 Mn |
| 3 | Fastenal | 60.80 Bn | 59.80 Bn | 1.10 Bn | 1.15 Bn |
| 4 | Ferguson Enterprises | 45.51 Bn | 42.73 Bn | 2.32 Bn | 194.80 Mn |
| 5 | Sunbelt Rentals Holdings | 31.50 Bn | 31.38 Bn | 1.25 Bn | 411.31 Mn |
| 6 | Reliance | 21.26 Bn | 20.31 Bn | 1.45 Bn | 51.39 Mn |
| 7 | Wesco International | 14.25 Bn | 11.29 Bn | 1.57 Bn | 49.30 Mn |
| 8 | Watsco | 11.59 Bn | 9.28 Bn | 578.93 Mn | 38.19 Mn |
| 9 | Avantor | 10.49 Bn | 9.07 Bn | 534.80 Mn | 680.90 Mn |
| 10 | Applied Industrial Technologies | 10.39 Bn | 10.28 Bn | 392.21 Mn | 37.18 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 47.10 Mn |
| Jun 30, 2026 | 47.20 Mn |
| Mar 31, 2026 | 47.40 Mn |
| Dec 31, 2025 | 48.00 Mn |
| Sep 30, 2025 | 47.90 Mn |
| Jun 30, 2025 | 48.10 Mn |
| Mar 31, 2025 | 48.30 Mn |
| Dec 31, 2024 | 49.00 Mn |
| Sep 30, 2024 | 48.90 Mn |
| Jun 30, 2024 | 49.20 Mn |
| Mar 31, 2024 | 49.40 Mn |
| Dec 31, 2023 | 50.10 Mn |
| Sep 30, 2023 | 50.10 Mn |
| Jun 30, 2023 | 50.30 Mn |
| Mar 31, 2023 | 50.50 Mn |
| Dec 31, 2022 | 51.10 Mn |
| Sep 30, 2022 | 51.10 Mn |
| Jun 30, 2022 | 51.30 Mn |
| Mar 31, 2022 | 51.40 Mn |
| Dec 31, 2021 | 52.20 Mn |
W.W. Grainger Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=GWW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=GWW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();