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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 4.37B | 1.8% |
| Gross Profit | 1.72B | 1.5% |
| Cost of Revenue | 3.7B | 1.1% |
| Operating expense | 1.03B | 1.1% |
| Net Income | 486M | 3.4% |
| EBITDA | 745M | 5.1% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 9.11B | 9.1% |
| Total Liabilities | 5.61B | 10.6% |
| Total Equity | 3.5B | 6.9% |
| Shares Outstanding | 49M | 0.4% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 611M | 48.7% |
| Cash from investing | -85M | 44.1% |
| Cash from financing | 148M | 139.8% |
EPS
Financial Highlights for W.W. Grainger in Q3 '24
W.W. Grainger reported a revenue of 4.37B, which is a 1.8% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 1.72B, marking a 1.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 3.7B, a 1.1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 1.03B, showing a -1.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 486M, showing a 3.4% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 745M, showing a 5.1% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for W.W. Grainger with growth in revenue, gross profit, and net income.
