W W Grainger Inc (GWW) Earnings Report, Financial Results, Financial analysis

W w Grainger Inc reported in the first quarter of 2023 net earnings per share of $9.61 an increase by 35.93 % year on year from $7.07 and an improvement of 26.88 % from $7.57 realized in IV. Quarter (Dec 31 2022).

*first quarter of 2023*
Earnings Per Share	Revenues
$ 9.61	$ 4,091 Mill
$+2.54 +35.93 %	$+444M +12.17 %

W W Grainger Inc 's Revenue rose by 12.17 % in first quarter of 2023 (Mar 31 2023) year on year, to $4,091 million and advanced by 7.6 % sequentially.

W W Grainger Inc is Expected to report next financial results on July 28, 2023.

More on GWW's Income Statement

GWW's NET INCOME

W W Grainger Inc 's net income of $508.000 million in the first quarter of 2023 increased by 31.95 % from net earnings of $385.000 million achieved in I. Quarter a year ago.

Sequentially net earnings grew by 27.96 % from net income of $397.000 million realized in previous quarter.

More on GWW's Growth

W W Grainger Inc Inventories
Inventories grew by 16.74 % to $2,252 million from I. Quarter a year ago, sequentially inventories fell by -0.04 %. GWW's Cash flow In thefirst quarter of 2023 company's net cash flow was $136 million, capital expenditures fell by 71.93%, to $-98 millions compare to same quarter a year ago and fell by 104.17% from IV. Quarter (Dec 31 2022).

More on GWW's Cash flow Statement

Earnings quality

W w Grainger Inc payed out dividend of $7.30 per share in last 52 weeks representing 22.37 % of net earning per share in trailing twelve-month period.

During the same period W w Grainger Inc earned $ 28.59 cash per share, on a free-cash flow basis 87.6 % of net earning per share.

Book value grew by 13.46 % sequentially to $60.30 per share, 43.46% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 48.34 per share from $ 41.43.

Company repurchased 0.96 million shares or 1.87 % in Mar 31 2023.
Interest Coverage Ratio was 25.37. Debt Coverage Ratio was 1.03.

• More on GWW's Dividends

Market Capitalization (Millions)	35,677
Shares Outstanding (Millions)	51
Total Debt (Millions $)	2,315
Revenue (TTM) (Millions $)	15,672
Net Income (TTM) (Millions $)	1,736
Cash Flow (TTM) (Millions $)	97
Capital Exp. (TTM) (Millions $)	-297
Dividend TTM ($)	7.3 $
Dividend Yield TTM (%)	0.98 %
Employees (TTM) $	24,200

Earnings quality

W w Grainger Inc payed out dividend of $7.30 per share in the last 52 weeks representing 22.37 % of net earning per share in trailing twelve-month period.

During the same period W w Grainger Inc had $ 28.59 cash flow per share, on a free-cash flow basis 87.6 % of net earning per share.

Book value grew by 13.46 % sequentially to $60.30 per share, 43.46% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 48.34 per share from $ 41.43.

Company repurchased 0.96 million shares or 1.87 % in Mar 31 2023.
Interest Coverage Ratio was 25.37. Debt Coverage Ratio was 1.03.

• More on GWW's Balance Sheets

Market Capitalization (Millions)	35,677
Shares Outstanding (Millions)	51
Total Debt (Millions $)	2,315
Revenue (TTM) (Millions $)	15,672
Net Income (TTM) (Millions $)	1,736
Cash Flow (TTM) (Millions $)	97
Capital Exp. (TTM) (Millions $)	-297
Dividend TTM ($)	7.3 $
Dividend Yield TTM (%)	0.98 %
Employees (TTM) $	24,200

W w Grainger Inc

GWW's Financial Statements and Analysis