WW Grainger Inc (GWW) — Tangible Net Worth Ratio

Latest as of December 2025: 93.6%

WW Grainger Inc (GWW) has a Tangible Net Worth Ratio of 93.6% as of December 2025. This metric is calculated by deducting intangible assets ($265.00 Million) from net assets ($4.14 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See GWW working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

93.6%
Tangible equity / total equity

Net Assets (Equity)

$4.14 Billion
USD

Intangible Assets

$265.00 Million
Goodwill, patents, brand value

Total Assets

$8.96 Billion
USD

WW Grainger Inc Tangible Net Worth Ratio (1985–2025)

This chart shows how WW Grainger Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 93.6%, reflecting net assets of $4.14 Billion with intangible assets of $265.00 Million USD. See defensive interval ratio of WW Grainger Inc to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for WW Grainger Inc (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for WW Grainger Inc from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see GWW market cap overview.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 93.6% $4.14 Billion $265.00 Million $8.96 Billion ▲ +0.2 pp
2024 93.4% $3.70 Billion $243.00 Million $8.83 Billion ▲ +0.2 pp
2023 93.2% $3.44 Billion $234.00 Million $8.15 Billion ▲ +1.7 pp
2022 91.5% $2.73 Billion $232.00 Million $7.59 Billion ▲ +2.5 pp
2021 89.0% $2.16 Billion $238.00 Million $6.59 Billion ▼ -0.1 pp
2020 89.1% $2.09 Billion $228.00 Million $6.29 Billion ▲ +3.9 pp
2019 85.2% $2.06 Billion $304.00 Million $6.00 Billion ▲ +7.2 pp
2018 78.0% $2.09 Billion $460.00 Million $5.87 Billion ▲ +9.2 pp
2017 68.9% $1.83 Billion $569.12 Million $5.80 Billion ▼ -0.4 pp
2016 69.2% $1.91 Billion $586.13 Million $5.69 Billion ▼ -11.1 pp
2015 80.3% $2.35 Billion $463.29 Million $5.81 Billion ▼ -11.7 pp
2014 92.0% $3.28 Billion $263.93 Million $5.30 Billion ▲ +1.1 pp
2013 90.9% $3.33 Billion $303.41 Million $5.27 Billion ▼ -1.3 pp
2012 92.2% $3.12 Billion $242.74 Million $5.01 Billion ▲ +5.1 pp
2011 87.1% $2.72 Billion $350.85 Million $4.72 Billion ▼ -3.1 pp
2010 90.2% $2.29 Billion $224.70 Million $3.90 Billion ▼ -0.5 pp
2009 90.7% $2.23 Billion $207.38 Million $3.73 Billion ▼ -3.9 pp
2008 94.6% $2.03 Billion $109.57 Million $3.52 Billion ▲ +5.7 pp
2007 88.9% $2.10 Billion $233.03 Million $3.09 Billion ▼ -1.4 pp
2006 90.3% $2.18 Billion $210.67 Million $3.05 Billion ▼ -1.7 pp
2005 92.0% $2.29 Billion $182.73 Million $3.11 Billion ▲ +0.5 pp
2004 91.6% $2.07 Billion $174.58 Million $2.81 Billion ▲ +0.6 pp
2003 90.9% $1.85 Billion $167.71 Million $2.62 Billion ▼ -2.0 pp
2002 92.9% $1.67 Billion $118.69 Million $2.44 Billion ▲ +2.6 pp
2001 90.3% $1.60 Billion $155.48 Million $2.33 Billion ▲ +0.7 pp
2000 89.6% $1.54 Billion $159.16 Million $2.46 Billion ▲ +1.4 pp
1999 88.3% $1.48 Billion $173.30 Million $2.56 Billion ▲ +2.4 pp
1998 85.9% $1.28 Billion $180.60 Million $2.10 Billion ▲ +1.8 pp
1997 84.0% $1.29 Billion $206.80 Million $2.00 Billion ▼ -0.3 pp
1996 84.3% $1.46 Billion $229.90 Million $2.12 Billion ▼ -15.7 pp
1995 100.0% $1.18 Billion $0.00 $1.67 Billion ▲ +0.0 pp
1994 100.0% $1.03 Billion $0.00 $1.53 Billion ▲ +0.0 pp
1993 100.0% $941.90 Million $0.00 $1.38 Billion ▲ +0.0 pp
1992 100.0% $931.20 Million $0.00 $1.31 Billion ▲ +0.0 pp
1991 100.0% $860.40 Million $0.00 $1.22 Billion ▲ +0.0 pp
1990 100.0% $815.40 Million $0.00 $1.16 Billion ▲ +0.0 pp
1989 100.0% $731.70 Million $0.00 $1.07 Billion ▲ +0.0 pp
1988 100.0% $635.50 Million $0.00 $936.20 Million ▲ +0.0 pp
1987 100.0% $581.20 Million $0.00 $832.10 Million ▲ +0.0 pp
1986 100.0% $582.10 Million $0.00 $820.00 Million ▲ +0.0 pp
1985 100.0% $518.20 Million $0.00 $717.80 Million
pp = percentage points