Grainger annual debt-to-equity ratio
2021
2022
2023
2024
2025
Grainger Debt-to-Equity Ratio Growth & History (GRI)
Grainger's debt-to-equity ratio was 0.78 for fiscal 2025.
View full Grainger company overviewGrainger annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | 0.78 | −0.06 | −7.33% |
| 2024 | 2024-09-30 | 0.84 | 0.05 | +5.79% |
| 2023 | 2023-09-30 | 0.80 | 0.10 | +15.19% |
| 2022 | 2022-09-30 | 0.69 | −0.08 | −10.92% |
| 2021 | 2021-09-30 | 0.77 | — | — |
Grainger quarterly debt-to-equity ratio
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-03-31 | 0.84 | 0.02 | +2.05% |
| Q4 2025 | 2025-09-30 | 0.78 | — | — |
| Q2 2025 | 2025-03-31 | 0.82 | — | — |
Grainger debt-to-equity ratio trends
Between the periods ended 2021-09-30 and 2025-09-30, Grainger's debt-to-equity ratio increased from 0.77 to 0.78, a change of 0.00. The latest reported quarter, Q2 2026, shows 0.84.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Grainger source filings ↗Community posts
Grainger maintains rental guidance and outlines debt reduction through FY2029
Grainger reported on the 11 months to August on 7 September 2026. Operating performance Build-to-rent occupancy remains around 96%, with 3% like-for-like rental growth, in line with guidance. At Bristol's Glasshouse Square, 313 of 374 homes ...