W.W. GRAINGER, INC. (GWW) closed fiscal year 2025 with 47.4 M shares outstanding and a dividend of 8.83 USD per share.
W.W. GRAINGER, INC. (GWW) closed fiscal year 2025 with 47.4 M shares outstanding and a dividend of 8.83 USD per share. Over the year the share count fell by 0.91 M shares on a net basis. Since 2007 the share count has shrunk by 43.7 %. The dividend per share was 8.83 USD, up 10.2 % year on year. Total dividends paid came to 467 M USD, spread over 4 payments. The series covers 19 fiscal years, from 2007 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 84.2M | 77.9M | 72.3M | 69.4M | 70.0M | 69.5M | 68.9M | 67.4M | 62.0M | 58.8M | 56.3M | 55.9M | 53.7M | 52.5M | 51.2M | 50.3M | 49.3M | 48.3M | 47.4M |
| Shares issued — SBC/options | — | 0.00k | 0.00k | 0.00k | 585k | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k |
| Shares issued (%) | — | 0.00 % | 0.00 % | 0.00 % | 0.84 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Shares repurchased | — | -6.29M | -5.61M | -2.90M | 0.00M | -0.48M | -0.62M | -1.42M | -5.40M | -3.22M | -2.48M | -0.47M | -2.17M | -1.16M | -1.30M | -0.96M | -0.94M | -0.98M | -0.91M |
| Shares repurchased (%) | — | -8.07 % | -7.76 % | -4.18 % | 0.00 % | -0.70 % | -0.91 % | -2.11 % | -8.71 % | -5.48 % | -4.39 % | -0.84 % | -4.05 % | -2.21 % | -2.55 % | -1.92 % | -1.90 % | -2.04 % | -1.93 % |
| Net addition/reduction | — | -6.29M | -5.61M | -2.90M | 0.59M | -0.48M | -0.62M | -1.42M | -5.40M | -3.22M | -2.48M | -0.47M | -2.17M | -1.16M | -1.30M | -0.96M | -0.94M | -0.98M | -0.91M |
| Net addition/reduction (%) | — | -8.07 % | -7.76 % | -4.18 % | 0.84 % | -0.70 % | -0.91 % | -2.11 % | -8.71 % | -5.48 % | -4.39 % | -0.84 % | -4.05 % | -2.21 % | -2.55 % | -1.92 % | -1.90 % | -2.04 % | -1.93 % |
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 1.34 | 1.55 | 1.78 | 2.08 | 2.52 | 3.06 | 3.59 | 4.17 | 4.59 | 4.83 | 5.06 | 5.36 | 5.68 | 5.94 | 6.39 | 6.78 | 7.30 | 8.01 | 8.83 |
| Payout Ratio (%) | 26.92 % | 25.56 % | 31.29 % | 29.82 % | 27.42 % | 31.90 % | 32.05 % | 36.35 % | 39.85 % | 50.00 % | 51.88 % | 40.41 % | 38.63 % | 48.63 % | 34.23 % | 23.92 % | 21.43 % | 22.05 % | 27.37 % |
| Number of payments | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 113M | 122M | 135M | 152M | 181M | 220M | 255M | 291M | 306M | 303M | 304M | 316M | 328M | 338M | 357M | 370M | 392M | 421M | 467M |
| Dividend Yield (%) | 1.51 % | 2.05 % | 1.81 % | 1.51 % | 1.33 % | 1.54 % | 1.41 % | 1.62 % | 2.25 % | 2.06 % | 2.13 % | 1.90 % | 1.68 % | 1.43 % | 1.23 % | 1.22 % | 0.88 % | 0.75 % | 0.86 % |
Figures in USD