v3.25.4
Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
​
Year
​ ​ ​
Summary
Compensation
Table
Total for
PEO(1)
​ ​ ​
Compensation
Actually
Paid to
PEO(1)(2)(3)
​ ​ ​
Average
Summary
Compensation
Table
Total for
Non-PEO
NEOs(1)
​ ​ ​
Average
Compensation
Actually
Paid to
Non-PEO
NEOs(1)(2)(3)
​ ​ ​
Value of Initial
Fixed $100
Investment
Based On:
​ ​ ​
Net
Income
($MM)
​ ​ ​
Adjusted
ROIC(5)
​ ​ ​
Daily, Organic
Constant
Currency
Sales Growth(5)
​
​
TSR
​ ​ ​
Peer
Group
TSR(4)
​ ​ ​
CSM
​ ​ ​
Supplemental
Measure
​
​ 2025 ​ ​ ​ ​ ​ $11,609,508 ​ ​ ​ ​ ​ ​ $9,107,336 ​ ​ ​ ​ ​ ​ $3,949,001 ​ ​ ​ ​ ​ ​ $3,497,275 ​ ​ ​ ​ ​ ​ $261 ​ ​ ​ ​ ​ ​ $231 ​ ​ ​ ​ ​ ​ $1,706 ​ ​ ​ ​ ​ ​ 39.1% ​ ​ ​ ​ ​ ​ 4.0% ​ ​
​ 2024 ​ ​ ​ ​ ​ $10,881,689 ​ ​ ​ ​ ​ ​ $15,759,913 ​ ​ ​ ​ ​ ​ $3,053,409 ​ ​ ​ ​ ​ ​ $4,239,678 ​ ​ ​ ​ ​ ​ $270 ​ ​ ​ ​ ​ ​ $208 ​ ​ ​ ​ ​ ​ $1,909 ​ ​ ​ ​ ​ ​ 41.4% ​ ​ ​ ​ ​ ​ 4.5% ​ ​
​ 2023 ​ ​ ​ ​ ​ $10,160,673 ​ ​ ​ ​ ​ ​ $23,002,860 ​ ​ ​ ​ ​ ​ $3,042,195 ​ ​ ​ ​ ​ ​ $4,822,536 ​ ​ ​ ​ ​ ​ $211 ​ ​ ​ ​ ​ ​ $179 ​ ​ ​ ​ ​ ​ $1,829 ​ ​ ​ ​ ​ ​ 42.8% ​ ​ ​ ​ ​ ​ 9.2% ​ ​
​ 2022 ​ ​ ​ ​ ​ $9,967,658 ​ ​ ​ ​ ​ ​ $14,293,346 ​ ​ ​ ​ ​ ​ $3,121,115 ​ ​ ​ ​ ​ ​ $3,736,729 ​ ​ ​ ​ ​ ​ $140 ​ ​ ​ ​ ​ ​ $121 ​ ​ ​ ​ ​ ​ $1,547 ​ ​ ​ ​ ​ ​ 40.6% ​ ​ ​ ​ ​ ​ 16.5% ​ ​
​ 2021 ​ ​ ​ ​ ​ $9,015,594 ​ ​ ​ ​ ​ ​ $16,301,335 ​ ​ ​ ​ ​ ​ $2,138,920 ​ ​ ​ ​ ​ ​ $2,891,203 ​ ​ ​ ​ ​ ​ $129 ​ ​ ​ ​ ​ ​ $137 ​ ​ ​ ​ ​ ​ $1,043 ​ ​ ​ ​ ​ ​ 31.9% ​ ​ ​ ​ ​ ​ 12.8% ​ ​
​
(1)
D.G. Macpherson was our PEO for each year presented. The individuals comprising the Non-PEO NEOs for each year presented are listed below.
​
​
2021
​ ​ ​
2022
​ ​ ​
2023
​ ​ ​
2024
​ ​ ​
2025
​
​
Deidra C. Merriwether
​ ​ ​
Deidra C. Merriwether
​ ​ ​
Deidra C. Merriwether
​ ​ ​
Deidra C. Merriwether
​ ​ ​
Deidra C. Merriwether
​
​
Paige K. Robbins
​ ​ ​
Paige K. Robbins
​ ​ ​
Paige K. Robbins
​ ​ ​
Paige K. Robbins
​ ​ ​
Paige K. Robbins
​
​
John L. Howard
​ ​ ​
John L. Howard
​ ​ ​
Nancy L. Berardinelli-Krantz
​ ​ ​
Nancy L. Berardinelli-Krantz
​ ​ ​
Nancy L. Berardinelli-Krantz
​
​
Kathleen S. Carroll
​ ​ ​
Kathleen S. Carroll
​ ​ ​
Matthew E. Fortin
​ ​ ​
Jonny LeRoy
​ ​ ​
Melanie J. Tinto
​
​
Robert F. O’Keef, Jr.
​ ​ ​ ​ ​ ​ ​
John L. Howard
​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​
Kathleen S. Carroll
​ ​ ​ ​ ​ ​ ​ ​ ​
​
(2)
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K of the Exchange Act and do not reflect compensation actually realized or received by the Company’s NEOs. These amounts reflect total compensation as set forth in the Summary Compensation Table above for each year, adjusted as described in footnote 3 below.
​
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards column set forth in the Summary Compensation Table.
​
​
Year
​ ​ ​
Summary Compensation
Table Total
for Mr. Macpherson
​ ​ ​
Exclusion of Stock
Awards and Option
Awards for Mr. Macpherson
​ ​ ​
Total—Inclusion of
Equity Values for
Mr. Macpherson
​ ​ ​
Compensation
Actually Paid to
Mr. Macpherson
​
​
2025
​ ​ ​ ​ ​ $11,609,508 ​ ​ ​ ​ ​ ​ $(8,451,819) ​ ​ ​ ​ ​ ​ $5,949,647 ​ ​ ​ ​ ​ ​ $9,107,336 ​ ​
​
Year
​ ​ ​
Average Summary
Compensation Table
Total for
Non-PEO NEOs
​ ​ ​
Average Exclusion
of Stock Awards
and Option Awards for
Non-PEO NEOs
​ ​ ​
Total—Average
Inclusion of
Equity Values for
Non-PEO NEOs
​ ​ ​
Average Compensation
Actually Paid to
Non-PEO NEOs
​
​
2025
​ ​ ​ ​ ​ $3,949,001 ​ ​ ​ ​ ​ ​ $(2,552,590) ​ ​ ​ ​ ​ ​ $2,100,864 ​ ​ ​ ​ ​ ​ $3,497,275 ​ ​
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables. The amounts reported in the total columns reflect rounding, which may result in slight variations when compared with the sum of the components listed in the tables:
PEO:
​
Year
​ ​ ​
Year-End Fair
Value of Equity Awards
Granted During
Year That
Remained
Unvested as of
Last Day of
Year for
Mr. Macpherson
($)
​ ​ ​
Change in Fair
Value from Last
Day of Prior
Year to Last
Day of Year of
Unvested Equity
Awards for
Mr. Macpherson
($)
​ ​ ​
Vesting-Date
Fair Value of
Equity Awards
Granted During
Year that Vested
During Year for
Mr. Macpherson
($)
​ ​ ​
Change in Fair
Value from Last
Day of Prior Year
to Vesting Date of
Unvested Equity
Awards that
Vested During
Year for
Mr. Macpherson
($)
​ ​ ​
Value of Dividends
or Other Earnings
Paid on Equity
Awards Not
Otherwise
Included for
Mr. Macpherson
($)
​ ​ ​
Total—Inclusion of
Equity Values for
Mr. Macpherson
($)
​
​
2025
​ ​ ​ ​ ​ $8,240,586 ​ ​ ​ ​ ​ ​ $(1,597,827) ​ ​ ​ ​ ​ ​ $0 ​ ​ ​ ​ ​ ​ $(755,208) ​ ​ ​ ​ ​ ​ $62,096 ​ ​ ​ ​ ​ ​ $5,949,647 ​ ​
Non-PEO NEOs (Average):
​
Year
​ ​ ​
Average Year-
End Fair Value of
Equity Awards
Granted During
Year That
Remained
Unvested as of
Last Day of Year
for Non-PEO
NEOs
($)
​ ​ ​
Average Change
in Fair Value
from Last Day of
Prior Year to
Last Day of Year
of Unvested
Equity Awards
for Non-PEO
NEOs
($)
​ ​ ​
Average
Vesting-Date
Fair Value of
Equity Awards
Granted During
Year that Vested
During Year for
Non-PEO NEOs
($)
​ ​ ​
Average Change
in Fair Value
from Last Day of
Prior Year to
Vesting Date of
Unvested Equity
Awards that
Vested During
Year for Non-
PEO NEOs
($)
​ ​ ​
Average Value of
Dividends or Other
Earnings Paid on
Equity Awards Not
Otherwise Included
for Non-PEO NEOs
($)
​ ​ ​
Total—Average
Inclusion of
Equity
Values for
Non-PEO
NEOs
($)
​
​
2025
​ ​ ​ ​ ​ $2,508,372 ​ ​ ​ ​ ​ ​ $(272,512) ​ ​ ​ ​ ​ ​ $0 ​ ​ ​ ​ ​ ​ $(156,832) ​ ​ ​ ​ ​ ​ $21,835 ​ ​ ​ ​ ​ ​ $2,100,864 ​ ​
For the equity values included in the above tables, the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of the grant.
(4)
The Peer Group TSR set forth in this table utilizes the Dow Jones U.S. Industrial Suppliers Total Stock Market Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K of the Exchange Act included in our Annual Report. The comparison assumes $100 was invested for the period starting December 31, 2020, through the end of the listed year in the Company and in the Dow Jones U.S. Industrial Suppliers Total Stock Market Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.
​
(5)
While we are required to identify total Company adjusted ROIC as the CSM in accordance with Item 402(v) of Regulation S-K of the Exchange Act, adjusted ROIC and daily sales growth are the financial measures we consider the two most important in linking performance to compensation actually paid to the NEOs for the 2025 fiscal year to Company performance, as the Company’s overall NEO compensation structure is designed to drive profitable growth leading to shareholder value creation. The 2025 MIP financial metrics are modified for the Company’s current year planned foreign currency exchange rates used when setting initial targets resulting in total Company daily, organic constant currency sales of 4.0% and total Company adjusted ROIC of 39.1%.
​
Total Company adjusted ROIC and total Company daily, organic constant currency sales are non-GAAP financial measures. See Appendix B of this proxy statement for information regarding compensation and non-GAAP financial measures for year ended December 31, 2025. As it relates to Grainger’s prior year financial targets and result for its MIP and PSU grants, including the Company’s reconciliations of non-GAAP and other financial measures to the directly comparable GAAP measure, refer to the Company’s proxy statement on Form DEF 14A filed with the SEC on March 7, 2025.
       
Company Selected Measure Name Adjusted ROIC        
Named Executive Officers, Footnote
(1)
D.G. Macpherson was our PEO for each year presented. The individuals comprising the Non-PEO NEOs for each year presented are listed below.
​
​
2021
​ ​ ​
2022
​ ​ ​
2023
​ ​ ​
2024
​ ​ ​
2025
​
​
Deidra C. Merriwether
​ ​ ​
Deidra C. Merriwether
​ ​ ​
Deidra C. Merriwether
​ ​ ​
Deidra C. Merriwether
​ ​ ​
Deidra C. Merriwether
​
​
Paige K. Robbins
​ ​ ​
Paige K. Robbins
​ ​ ​
Paige K. Robbins
​ ​ ​
Paige K. Robbins
​ ​ ​
Paige K. Robbins
​
​
John L. Howard
​ ​ ​
John L. Howard
​ ​ ​
Nancy L. Berardinelli-Krantz
​ ​ ​
Nancy L. Berardinelli-Krantz
​ ​ ​
Nancy L. Berardinelli-Krantz
​
​
Kathleen S. Carroll
​ ​ ​
Kathleen S. Carroll
​ ​ ​
Matthew E. Fortin
​ ​ ​
Jonny LeRoy
​ ​ ​
Melanie J. Tinto
​
​
Robert F. O’Keef, Jr.
​ ​ ​ ​ ​ ​ ​
John L. Howard
​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​
Kathleen S. Carroll
​ ​ ​ ​ ​ ​ ​ ​ ​
       
Peer Group Issuers, Footnote
(4)
The Peer Group TSR set forth in this table utilizes the Dow Jones U.S. Industrial Suppliers Total Stock Market Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K of the Exchange Act included in our Annual Report. The comparison assumes $100 was invested for the period starting December 31, 2020, through the end of the listed year in the Company and in the Dow Jones U.S. Industrial Suppliers Total Stock Market Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.
       
PEO Total Compensation Amount $ 11,609,508 $ 10,881,689 $ 10,160,673 $ 9,967,658 $ 9,015,594
PEO Actually Paid Compensation Amount $ 9,107,336 15,759,913 23,002,860 14,293,346 16,301,335
Adjustment To PEO Compensation, Footnote
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards column set forth in the Summary Compensation Table.
​
​
Year
​ ​ ​
Summary Compensation
Table Total
for Mr. Macpherson
​ ​ ​
Exclusion of Stock
Awards and Option
Awards for Mr. Macpherson
​ ​ ​
Total—Inclusion of
Equity Values for
Mr. Macpherson
​ ​ ​
Compensation
Actually Paid to
Mr. Macpherson
​
​
2025
​ ​ ​ ​ ​ $11,609,508 ​ ​ ​ ​ ​ ​ $(8,451,819) ​ ​ ​ ​ ​ ​ $5,949,647 ​ ​ ​ ​ ​ ​ $9,107,336 ​ ​
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables. The amounts reported in the total columns reflect rounding, which may result in slight variations when compared with the sum of the components listed in the tables:
PEO:
​
Year
​ ​ ​
Year-End Fair
Value of Equity Awards
Granted During
Year That
Remained
Unvested as of
Last Day of
Year for
Mr. Macpherson
($)
​ ​ ​
Change in Fair
Value from Last
Day of Prior
Year to Last
Day of Year of
Unvested Equity
Awards for
Mr. Macpherson
($)
​ ​ ​
Vesting-Date
Fair Value of
Equity Awards
Granted During
Year that Vested
During Year for
Mr. Macpherson
($)
​ ​ ​
Change in Fair
Value from Last
Day of Prior Year
to Vesting Date of
Unvested Equity
Awards that
Vested During
Year for
Mr. Macpherson
($)
​ ​ ​
Value of Dividends
or Other Earnings
Paid on Equity
Awards Not
Otherwise
Included for
Mr. Macpherson
($)
​ ​ ​
Total—Inclusion of
Equity Values for
Mr. Macpherson
($)
​
​
2025
​ ​ ​ ​ ​ $8,240,586 ​ ​ ​ ​ ​ ​ $(1,597,827) ​ ​ ​ ​ ​ ​ $0 ​ ​ ​ ​ ​ ​ $(755,208) ​ ​ ​ ​ ​ ​ $62,096 ​ ​ ​ ​ ​ ​ $5,949,647 ​ ​
For the equity values included in the above tables, the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of the grant.
       
Non-PEO NEO Average Total Compensation Amount $ 3,949,001 3,053,409 3,042,195 3,121,115 2,138,920
Non-PEO NEO Average Compensation Actually Paid Amount $ 3,497,275 4,239,678 4,822,536 3,736,729 2,891,203
Adjustment to Non-PEO NEO Compensation Footnote
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards column set forth in the Summary Compensation Table.
​
Year
​ ​ ​
Average Summary
Compensation Table
Total for
Non-PEO NEOs
​ ​ ​
Average Exclusion
of Stock Awards
and Option Awards for
Non-PEO NEOs
​ ​ ​
Total—Average
Inclusion of
Equity Values for
Non-PEO NEOs
​ ​ ​
Average Compensation
Actually Paid to
Non-PEO NEOs
​
​
2025
​ ​ ​ ​ ​ $3,949,001 ​ ​ ​ ​ ​ ​ $(2,552,590) ​ ​ ​ ​ ​ ​ $2,100,864 ​ ​ ​ ​ ​ ​ $3,497,275 ​ ​
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables. The amounts reported in the total columns reflect rounding, which may result in slight variations when compared with the sum of the components listed in the tables:
Non-PEO NEOs (Average):
​
Year
​ ​ ​
Average Year-
End Fair Value of
Equity Awards
Granted During
Year That
Remained
Unvested as of
Last Day of Year
for Non-PEO
NEOs
($)
​ ​ ​
Average Change
in Fair Value
from Last Day of
Prior Year to
Last Day of Year
of Unvested
Equity Awards
for Non-PEO
NEOs
($)
​ ​ ​
Average
Vesting-Date
Fair Value of
Equity Awards
Granted During
Year that Vested
During Year for
Non-PEO NEOs
($)
​ ​ ​
Average Change
in Fair Value
from Last Day of
Prior Year to
Vesting Date of
Unvested Equity
Awards that
Vested During
Year for Non-
PEO NEOs
($)
​ ​ ​
Average Value of
Dividends or Other
Earnings Paid on
Equity Awards Not
Otherwise Included
for Non-PEO NEOs
($)
​ ​ ​
Total—Average
Inclusion of
Equity
Values for
Non-PEO
NEOs
($)
​
​
2025
​ ​ ​ ​ ​ $2,508,372 ​ ​ ​ ​ ​ ​ $(272,512) ​ ​ ​ ​ ​ ​ $0 ​ ​ ​ ​ ​ ​ $(156,832) ​ ​ ​ ​ ​ ​ $21,835 ​ ​ ​ ​ ​ ​ $2,100,864 ​ ​
For the equity values included in the above tables, the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of the grant.
       
Compensation Actually Paid vs. Total Shareholder Return
PEO and Average NEO Compensation Actually Paid
Versus Grainger TSR and Grainger TSR Versus Peer Group TSR, 2021-2025
[MISSING IMAGE: bc_peoavgvsgraingertsr-pn.jpg]
       
Compensation Actually Paid vs. Net Income
PEO and Average NEO Compensation Actually Paid
Versus Grainger Net Income, 2021-2025
[MISSING IMAGE: bc_peoavgvsnetincome-pn.jpg]
       
Compensation Actually Paid vs. Company Selected Measure
PEO and Average NEO Compensation Actually Paid
Versus Grainger Total Company Adjusted ROIC, 2021-2025
[MISSING IMAGE: bc_peoavgvstotalroic-pn.jpg]
       
Total Shareholder Return Vs Peer Group
PEO and Average NEO Compensation Actually Paid
Versus Grainger TSR and Grainger TSR Versus Peer Group TSR, 2021-2025
[MISSING IMAGE: bc_peoavgvsgraingertsr-pn.jpg]
       
Tabular List, Table
Tabular List of Most Important Financial Performance Measures
The following table presents the financial performance measures that the Company considers to have been the most important in linking Compensation Actually Paid to our PEO and other NEOs for 2025 to Company performance. The measures in this table are not ranked.
​
Most Important Performance Measures
(3 to 7 metrics w/o ranking)(1)
​
​ Adjusted ROIC—Total Company ​
​ Daily, Organic Constant Currency Sales—Total Company ​
​ Share Gain—High-Touch Solutions—U.S. ​
​ Daily, Organic Constant Currency Sales in Local Days—Endless Assortment ​
​ Adjusted, Constant Currency Operating Margin—Total Company ​
​
(1)
The following are non-GAAP financial measures. See Appendix B of this proxy statement for information regarding non-GAAP financial measures, including reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial measures.
       
Total Shareholder Return Amount $ 261 270 211 140 129
Peer Group Total Shareholder Return Amount 231 208 179 121 137
Net Income (Loss) $ 1,706,000,000 $ 1,909,000,000 $ 1,829,000,000 $ 1,547,000,000 $ 1,043,000,000
Company Selected Measure Amount 39.1 41.4 42.8 40.6 31.9
PEO Name D.G. Macpherson        
Equity Awards Adjustments, Footnote
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables. The amounts reported in the total columns reflect rounding, which may result in slight variations when compared with the sum of the components listed in the tables:
PEO:
​
Year
​ ​ ​
Year-End Fair
Value of Equity Awards
Granted During
Year That
Remained
Unvested as of
Last Day of
Year for
Mr. Macpherson
($)
​ ​ ​
Change in Fair
Value from Last
Day of Prior
Year to Last
Day of Year of
Unvested Equity
Awards for
Mr. Macpherson
($)
​ ​ ​
Vesting-Date
Fair Value of
Equity Awards
Granted During
Year that Vested
During Year for
Mr. Macpherson
($)
​ ​ ​
Change in Fair
Value from Last
Day of Prior Year
to Vesting Date of
Unvested Equity
Awards that
Vested During
Year for
Mr. Macpherson
($)
​ ​ ​
Value of Dividends
or Other Earnings
Paid on Equity
Awards Not
Otherwise
Included for
Mr. Macpherson
($)
​ ​ ​
Total—Inclusion of
Equity Values for
Mr. Macpherson
($)
​
​
2025
​ ​ ​ ​ ​ $8,240,586 ​ ​ ​ ​ ​ ​ $(1,597,827) ​ ​ ​ ​ ​ ​ $0 ​ ​ ​ ​ ​ ​ $(755,208) ​ ​ ​ ​ ​ ​ $62,096 ​ ​ ​ ​ ​ ​ $5,949,647 ​ ​
Non-PEO NEOs (Average):
​
Year
​ ​ ​
Average Year-
End Fair Value of
Equity Awards
Granted During
Year That
Remained
Unvested as of
Last Day of Year
for Non-PEO
NEOs
($)
​ ​ ​
Average Change
in Fair Value
from Last Day of
Prior Year to
Last Day of Year
of Unvested
Equity Awards
for Non-PEO
NEOs
($)
​ ​ ​
Average
Vesting-Date
Fair Value of
Equity Awards
Granted During
Year that Vested
During Year for
Non-PEO NEOs
($)
​ ​ ​
Average Change
in Fair Value
from Last Day of
Prior Year to
Vesting Date of
Unvested Equity
Awards that
Vested During
Year for Non-
PEO NEOs
($)
​ ​ ​
Average Value of
Dividends or Other
Earnings Paid on
Equity Awards Not
Otherwise Included
for Non-PEO NEOs
($)
​ ​ ​
Total—Average
Inclusion of
Equity
Values for
Non-PEO
NEOs
($)
​
​
2025
​ ​ ​ ​ ​ $2,508,372 ​ ​ ​ ​ ​ ​ $(272,512) ​ ​ ​ ​ ​ ​ $0 ​ ​ ​ ​ ​ ​ $(156,832) ​ ​ ​ ​ ​ ​ $21,835 ​ ​ ​ ​ ​ ​ $2,100,864 ​ ​
For the equity values included in the above tables, the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of the grant.
       
Measure:: 1          
Pay vs Performance Disclosure          
Name Adjusted ROIC        
Non-GAAP Measure Description
(5)
While we are required to identify total Company adjusted ROIC as the CSM in accordance with Item 402(v) of Regulation S-K of the Exchange Act, adjusted ROIC and daily sales growth are the financial measures we consider the two most important in linking performance to compensation actually paid to the NEOs for the 2025 fiscal year to Company performance, as the Company’s overall NEO compensation structure is designed to drive profitable growth leading to shareholder value creation. The 2025 MIP financial metrics are modified for the Company’s current year planned foreign currency exchange rates used when setting initial targets resulting in total Company daily, organic constant currency sales of 4.0% and total Company adjusted ROIC of 39.1%.
​
Total Company adjusted ROIC and total Company daily, organic constant currency sales are non-GAAP financial measures. See Appendix B of this proxy statement for information regarding compensation and non-GAAP financial measures for year ended December 31, 2025. As it relates to Grainger’s prior year financial targets and result for its MIP and PSU grants, including the Company’s reconciliations of non-GAAP and other financial measures to the directly comparable GAAP measure, refer to the Company’s proxy statement on Form DEF 14A filed with the SEC on March 7, 2025.
       
Measure:: 2          
Pay vs Performance Disclosure          
Compensation Actually Paid vs. Other Measure
PEO and Average NEO Compensation Actually Paid
Versus Grainger Daily, Organic Constant Currency Sales Growth, 2021-2025
[MISSING IMAGE: bc_peoavgvsdailysalesgro-pn.jpg]
       
Other Performance Measure, Amount 4 4.5 9.2 16.5 12.8
Name Daily, Organic Constant Currency Sales        
Measure:: 3          
Pay vs Performance Disclosure          
Name Share Gain—High-Touch Solutions—U.S.        
Measure:: 4          
Pay vs Performance Disclosure          
Name Daily, Organic Constant Currency Sales in Local Days—Endless Assortment        
Measure:: 5          
Pay vs Performance Disclosure          
Name Adjusted, Constant Currency Operating Margin        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (8,451,819)        
PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 5,949,647        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 8,240,586        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,597,827)        
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (755,208)        
PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 62,096        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (2,552,590)        
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,100,864        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,508,372        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (272,512)        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (156,832)        
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 21,835