WW Grainger Inc (GWW)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,909,000 | 1,829,000 | 1,819,000 | 1,819,000 | 1,829,000 | 1,818,000 | 1,768,000 | 1,669,000 | 1,547,000 | 1,446,000 | 1,317,000 | 1,171,000 | 1,043,000 | 928,000 | 871,000 | 760,000 | 695,000 | 630,000 | 623,000 | 769,000 |
| Total stockholders’ equity | US$ in thousands | 8,829,000 | 3,503,000 | 3,277,000 | 3,199,000 | 3,441,000 | 3,382,000 | 3,227,000 | 3,045,000 | 2,735,000 | 2,308,000 | 2,201,000 | 2,081,000 | 2,160,000 | 1,827,000 | 1,868,000 | 1,816,000 | 2,093,000 | 2,375,000 | 2,152,000 | 1,810,000 |
| ROE | 21.62% | 52.21% | 55.51% | 56.86% | 53.15% | 53.76% | 54.79% | 54.81% | 56.56% | 62.65% | 59.84% | 56.27% | 48.29% | 50.79% | 46.63% | 41.85% | 33.21% | 26.53% | 28.95% | 42.49% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,909,000K ÷ $8,829,000K
= 21.62%
WW Grainger Inc's return on equity (ROE) has exhibited fluctuating trends over the analyzed periods, ranging from as low as 21.62% in December 2024 to a peak of 62.65% in September 2022. The ROE saw a general upward trajectory from the beginning of the data series until June 2022, indicating improving efficiency in generating profits from shareholders' equity investment. However, there was a notable decrease in ROE for the December 2024 period, suggesting a potential decline in the company's profitability relative to its equity base. Overall, the company has shown strong ROE figures during most periods, indicating effective management of equity to generate returns for shareholders. Further assessment of the underlying factors influencing these fluctuations would provide a more nuanced understanding of the company's financial performance.