Question 1

What is W.W. Grainger's P/FCF ratio?

Accepted Answer

W.W. Grainger (GWW) P/FCF ratio is 46.5× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for W.W. Grainger?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For W.W. Grainger specifically, the relevant sector benchmark is the current sector median of 24.3×.

Question 5

Is W.W. Grainger's P/FCF ratio high or low?

Accepted Answer

W.W. Grainger's P/FCF ratio of 46.5× is above its own 5-year average of 30.4× and above the sector median of 24.3×. That places the current reading at the 99th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is W.W. Grainger's historical P/FCF ratio range?

Accepted Answer

In the available daily series, W.W. Grainger (GWW) P/FCF ratio has ranged from a low of 10.7× in 2010 to a high of 48.2× in 2026. The 5-year average is 30.4× and the 5-year median is 29.6×.

Question 7

What was W.W. Grainger's P/FCF ratio in 2025?

Accepted Answer

W.W. Grainger (GWW) P/FCF ratio at the end of 2025 was 36.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does W.W. Grainger's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$47.9B	$1.33B	36.0×	+3.4×	Dec 31, 2025
2024	$51.2B	$1.57B	32.6×	+6.8×	Dec 31, 2024
2023	$41B	$1.59B	25.9×	-0.2×	Dec 31, 2023
2022	$28B	$1.08B	26.0×	-13.0×	Dec 31, 2022
2021	$26.6B	$682M	39.1×	+15.6×	Dec 31, 2021
2020	$21.8B	$926M	23.5×	+1.3×	Dec 31, 2020
2019	$18.2B	$821M	22.2×	+3.3×	Dec 31, 2019
2018	$15.8B	$837M	18.9×	+2.6×	Dec 31, 2018
2017	$13.4B	$819M	16.3×	-2.8×	Dec 31, 2017
2016	$13.7B	$719M	19.1×	-0.6×	Dec 31, 2016
2015	$12.6B	$638M	19.7×	-10.5×	Dec 31, 2015
2014	$17.3B	$572M	30.2×	+5.5×	Dec 31, 2014
2013	$17.7B	$714M	24.7×	-0.1×	Dec 31, 2013
2012	$14.1B	$566M	24.9×	+1.0×	Dec 31, 2012
2011	$13.1B	$549M	23.8×	+4.1×	Dec 31, 2011
2010	$9.56B	$485M	19.7×	+7.8×	Dec 31, 2010
2009	$7.03B	$588M	11.9×	-5.5×	Dec 31, 2009
2008	$5.85B	$335M	17.5×	-7.7×	Dec 31, 2008
2007	$6.82B	$271M	25.1×	+5.5×	Dec 31, 2007
2006	$5.87B	$300M	19.6×	-0.3×	Dec 31, 2006
2005	$6.35B	$320M	19.8×	-1.7×	Dec 31, 2005
2004	$6B	$278M	21.6×	+8.2×	Dec 31, 2004
2003	$4.28B	$320M	13.4×	-14.2×	Dec 31, 2003
2002	$4.67B	$169M	27.6×	—	Dec 31, 2002


Thomson Reuters (TRI)	18.8×
PACCAR (PCAR)	18.6×
United Parcel Service (UPS)	18.5×
Gorman-Rupp (GRC)	18.5×
Alamo Group (ALG)	18.0×
Allegion (ALLE)	17.8×
Snap-on (SNA)	17.6×
United Airlines Holdings (UAL)	17.5×
Honeywell International (HON)	17.4×
Equifax (EFX)	17.0×
Norfolk Southern (NSC)	16.9×
FedEx (FDX)	15.9×
AGCO (AGCO)	15.4×
General Dynamics (GD)	15.3×
Carlisle Companies (CSL)	14.7×
Amentum Holdings (AMTM)	14.7×
Stanley Black & Decker (SWK)	14.4×
A. O. Smith (AOS)	14.2×
Huntington Ingalls Industries (HII)	14.1×
McGrath RentCorp (MGRC)	13.9×
Masco (MAS)	13.0×
Pool (POOL)	12.2×
Delta Air Lines (DAL)	10.1×
ABM Industries (ABM)	7.2×
Upwork (UPWK)	6.3×

P/FCF Ratio for W.W. Grainger (GWW) 2002-2026

P/FCF Ratio daily chart for W.W. Grainger (GWW)

Historical P/FCF Ratio for W.W. Grainger (GWW) from 2002 to 2025

About P/FCF Ratio at W.W. Grainger (GWW)

W.W. Grainger P/FCF Ratio by Year

W.W. Grainger P/FCF Ratio 2025: 36.0×

W.W. Grainger P/FCF Ratio 2024: 32.6×

W.W. Grainger P/FCF Ratio 2023: 25.9×

W.W. Grainger P/FCF Ratio 2022: 26.0×

W.W. Grainger P/FCF Ratio 2021: 39.1×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

W.W. Grainger (GWW) Key Financials