Grainger annual net debt
2021
2022
2023
2024
2025
Grainger Net Debt Growth & History (GRI)
Grainger's net debt was £1.50B for fiscal 2025.
View full Grainger company overviewGrainger annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | £1.50B | £4.6M | +0.31% |
| 2024 | 2024-09-30 | £1.50B | £87.2M | +6.17% |
| 2023 | 2023-09-30 | £1.41B | £150.8M | +11.95% |
| 2022 | 2022-09-30 | £1.26B | £231.8M | +22.51% |
| 2021 | 2021-09-30 | £1.03B | — | — |
Grainger quarterly net debt
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-03-31 | £1.60B | £103.0M | +6.89% |
| Q4 2025 | 2025-09-30 | £1.51B | — | — |
| Q2 2025 | 2025-03-31 | £1.49B | — | — |
Grainger net debt trends
Between the periods ended 2021-09-30 and 2025-09-30, Grainger's net debt increased from £1.03B to £1.50B, a change of £474.4M. The latest reported quarter, Q2 2026, shows £1.60B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. 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 ...