Grainger(US:GWW) Prnewswire·2026-02-03 13:00Core Insights - Grainger reported a diluted EPS of $9.44 for Q4 2025, a decrease of 2.8% year-over-year, and a full-year diluted EPS of $35.40, down 8.6% on a reported basis [1][2][3] - The company achieved sales of $4.4 billion in Q4 2025, reflecting a 4.5% increase, and full-year sales of $17.9 billion, also up 4.5% [1][2][3] - Grainger's operating margin for Q4 2025 was 14.3%, down 70 basis points, while the full-year operating margin was 13.9%, down 150 basis points [1][2][3] Financial Performance - Q4 2025 net sales were $4,425 million, a 4.5% increase compared to Q4 2024, with gross profit of $1,746 million, up 4.2% [2][4] - For FY 2025, net sales reached $17,942 million, also a 4.5% increase, with gross profit of $7,009 million, up 3.7% [2][4] - Operating earnings for Q4 2025 were $634 million, a slight increase of 0.2%, while FY 2025 operating earnings were $2,495 million, down 5.4% [2][4] Segment Performance - In the High-Touch Solutions - N.A. segment, Q4 2025 sales increased by 2.2%, while the Endless Assortment segment saw a significant growth of 14.3% [2][3] - For FY 2025, the High-Touch Solutions - N.A. segment grew by 2.0%, and the Endless Assortment segment grew by 15.7% [2][3] Cash Flow and Shareholder Returns - Grainger generated $395 million in cash flow from operating activities in Q4 2025, with free cash flow of $269 million [3][5] - For the full year, the company generated $2.0 billion in operating cash flow and returned $1.5 billion to shareholders through dividends and share repurchases [1][3] 2026 Guidance - Grainger provided a 2026 outlook with expected net sales between $18.7 billion and $19.1 billion, representing a sales growth of 4.2% to 6.7% [3][5] - The company anticipates diluted EPS in the range of $42.25 to $44.75 and an operating margin of 15.4% to 15.9% [3][5]