W.W. Grainger, Inc. (GWW) FY2024 Annual P&L / Income Statement

W.W. Grainger, Inc. (GWW) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales

17,168,000,000 US dollars

Cost of goods sold

10,410,000,000 US dollars

Gross profit

6,758,000,000 US dollars

Operating expenses (calculated)

4,121,000,000 US dollars

Operating earnings

2,637,000,000 US dollars

Total other expense – net

negative 53,000,000 US dollars

Earnings before income taxes

2,584,000,000 US dollars

Income tax provision

595,000,000 US dollars

Net earnings

1,989,000,000 US dollars

High-Touch Solutions N.A.

13,720,000,000 US dollars

Endless Assortment

3,134,000,000 US dollars

Selling, general and administrative expenses

4,121,000,000 US dollars

Revenue before reconciliation (calculated)

16,854,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Intersegment Eliminations

314,000,000 US dollars. Reported reconciliation to consolidated revenue.

High-Touch Solutions N.A. costs (calculated)

11,335,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Endless Assortment costs (calculated)

2,874,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Reconciling items (calculated)

322,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
• Of which attributable to W.W. Grainger, Inc.: $1.91 B; to noncontrolling interests: $80.00 M.