• W.W Grainger average return on tangible equity for 2024 was 62.97, a 15.43% decline from 2023.
• W.W Grainger average return on tangible equity for 2023 was 74.46, a 5.29% decline from 2022.
• W.W Grainger average return on tangible equity for 2022 was 78.62, a 33.39% decline from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.