Grainger Q4 sales rise 4.5% while EPS falls 2.8%; company issues 2026 outlook
Grainger reported fourth-quarter and full-year 2025 results on February 3, 2026. Sales grew, but operating margin and diluted EPS declined, and reported full-year EPS fell 8.6% after a $196 million loss tied to its exit from the U.K. market. The company also issued 2026 guidance calling for net sales of $18.7 billion to $19.1 billion and adjusted diluted EPS of $42.25 to $44.75.
Key points
- Q4 2025 net sales were $4.4 billion, up 4.5%, while operating margin was 14.3%, down 70 basis points.
- Q4 2025 diluted EPS was $9.44, down 2.8%. Full-year 2025 diluted EPS was $35.40 reported (down 8.6%) and $39.48 adjusted (up 1.3%).
- Full-year 2025 free cash flow was $1.3 billion, and the company returned $1.5 billion to shareholders through dividends and share repurchases.
- 2026 guidance includes net sales of $18.7 billion to $19.1 billion, adjusted diluted EPS of $42.25 to $44.75, and a share buyback of $0.95 billion to $1.05 billion.
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.