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Side-by-side financial comparison of W. W. Grainger (GWW) and Huntington Bancshares (HBAN). Click either name above to swap in a different company.

W. W. Grainger is the larger business by last-quarter revenue ($4.4B vs $2.6B, roughly 1.7× Huntington Bancshares). Huntington Bancshares runs the higher net margin — 20.2% vs 10.2%, a 10.0% gap on every dollar of revenue. On growth, Huntington Bancshares posted the faster year-over-year revenue change (34.0% vs 4.5%). Over the past eight quarters, Huntington Bancshares's revenue compounded faster (168.3% CAGR vs 2.2%).

W. W. Grainger, Inc. is an American Fortune 500 industrial supply company founded in 1927 in Chicago by the company's namesake William W. (Bill) Grainger. He founded the company to provide consumers with access to a consistent supply of motors. The company now serves more than 4.5 million customers worldwide with offerings such as motors, lighting, material handling, fasteners, plumbing, tools, and safety supplies, along with inventory management services and technical support.

Huntington Bancshares Incorporated is an American bank holding company headquartered in Columbus, Ohio. Its banking subsidiary, The Huntington National Bank, operates 1,047 banking offices, primarily in the Midwest: 459 in Ohio, 290 in Michigan, 80 in Minnesota, 51 in Pennsylvania, 45 in Indiana, 35 in Illinois, 32 in Colorado, 29 in West Virginia, 16 in Wisconsin, 10 in Kentucky, and one in North Carolina.

GWW vs HBAN — Head-to-Head

Bigger by revenue
GWW
GWW
1.7× larger
GWW
$4.4B
$2.6B
HBAN
Growing faster (revenue YoY)
HBAN
HBAN
+29.4% gap
HBAN
34.0%
4.5%
GWW
Higher net margin
HBAN
HBAN
10.0% more per $
HBAN
20.2%
10.2%
GWW
Faster 2-yr revenue CAGR
HBAN
HBAN
Annualised
HBAN
168.3%
2.2%
GWW

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GWW
GWW
HBAN
HBAN
Revenue
$4.4B
$2.6B
Net Profit
$451.0M
$523.0M
Gross Margin
39.5%
Operating Margin
14.3%
0.4%
Net Margin
10.2%
20.2%
Revenue YoY
4.5%
34.0%
Net Profit YoY
-5.1%
0.8%
EPS (diluted)
$9.45
$0.25

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GWW
GWW
HBAN
HBAN
Q1 26
$2.6B
Q4 25
$4.4B
$410.0M
Q3 25
$4.7B
$424.0M
Q2 25
$4.6B
$377.0M
Q1 25
$4.3B
$351.0M
Q4 24
$4.2B
$410.0M
Q3 24
$4.4B
$362.0M
Q2 24
$4.3B
$360.0M
Net Profit
GWW
GWW
HBAN
HBAN
Q1 26
$523.0M
Q4 25
$451.0M
$519.0M
Q3 25
$294.0M
$629.0M
Q2 25
$482.0M
$536.0M
Q1 25
$479.0M
$527.0M
Q4 24
$475.0M
$530.0M
Q3 24
$486.0M
$517.0M
Q2 24
$470.0M
$474.0M
Gross Margin
GWW
GWW
HBAN
HBAN
Q1 26
Q4 25
39.5%
Q3 25
38.6%
Q2 25
38.5%
Q1 25
39.7%
Q4 24
39.6%
Q3 24
39.2%
Q2 24
39.3%
Operating Margin
GWW
GWW
HBAN
HBAN
Q1 26
0.4%
Q4 25
14.3%
Q3 25
11.0%
Q2 25
14.9%
Q1 25
15.6%
Q4 24
15.0%
Q3 24
15.6%
Q2 24
15.1%
Net Margin
GWW
GWW
HBAN
HBAN
Q1 26
20.2%
Q4 25
10.2%
126.6%
Q3 25
6.3%
148.3%
Q2 25
10.6%
142.2%
Q1 25
11.1%
150.1%
Q4 24
11.2%
129.3%
Q3 24
11.1%
142.8%
Q2 24
10.9%
131.7%
EPS (diluted)
GWW
GWW
HBAN
HBAN
Q1 26
$0.25
Q4 25
$9.45
$0.30
Q3 25
$6.12
$0.41
Q2 25
$9.97
$0.34
Q1 25
$9.86
$0.34
Q4 24
$9.71
$0.33
Q3 24
$9.87
$0.33
Q2 24
$9.51
$0.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GWW
GWW
HBAN
HBAN
Cash + ST InvestmentsLiquidity on hand
$585.0M
Total DebtLower is stronger
$2.5B
$23.5B
Stockholders' EquityBook value
$3.7B
$32.6B
Total Assets
$9.0B
$285.4B
Debt / EquityLower = less leverage
0.67×
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GWW
GWW
HBAN
HBAN
Q1 26
Q4 25
$585.0M
Q3 25
$535.0M
Q2 25
$597.0M
Q1 25
$666.0M
Q4 24
$1.0B
Q3 24
$1.4B
Q2 24
$769.0M
Total Debt
GWW
GWW
HBAN
HBAN
Q1 26
$23.5B
Q4 25
$2.5B
$17.2B
Q3 25
$2.4B
$17.3B
Q2 25
$2.3B
$17.5B
Q1 25
$2.3B
$18.1B
Q4 24
$2.8B
$16.4B
Q3 24
$2.3B
$15.7B
Q2 24
$1.8B
$16.5B
Stockholders' Equity
GWW
GWW
HBAN
HBAN
Q1 26
$32.6B
Q4 25
$3.7B
$24.3B
Q3 25
$3.6B
$22.2B
Q2 25
$3.7B
$20.9B
Q1 25
$3.5B
$20.4B
Q4 24
$3.4B
$19.7B
Q3 24
$3.5B
$20.6B
Q2 24
$3.3B
$19.5B
Total Assets
GWW
GWW
HBAN
HBAN
Q1 26
$285.4B
Q4 25
$9.0B
$225.1B
Q3 25
$8.8B
$210.2B
Q2 25
$8.9B
$207.7B
Q1 25
$8.7B
$209.6B
Q4 24
$8.8B
$204.2B
Q3 24
$9.1B
$200.5B
Q2 24
$8.4B
$196.3B
Debt / Equity
GWW
GWW
HBAN
HBAN
Q1 26
0.72×
Q4 25
0.67×
0.71×
Q3 25
0.67×
0.78×
Q2 25
0.64×
0.83×
Q1 25
0.66×
0.89×
Q4 24
0.83×
0.83×
Q3 24
0.65×
0.76×
Q2 24
0.54×
0.84×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GWW
GWW
HBAN
HBAN
Operating Cash FlowLast quarter
$395.0M
Free Cash FlowOCF − Capex
$269.0M
FCF MarginFCF / Revenue
6.1%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
0.88×
TTM Free Cash FlowTrailing 4 quarters
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GWW
GWW
HBAN
HBAN
Q1 26
Q4 25
$395.0M
$928.0M
Q3 25
$597.0M
$487.0M
Q2 25
$377.0M
$554.0M
Q1 25
$646.0M
$513.0M
Q4 24
$428.0M
$1.5B
Q3 24
$611.0M
$-438.0M
Q2 24
$411.0M
$305.0M
Free Cash Flow
GWW
GWW
HBAN
HBAN
Q1 26
Q4 25
$269.0M
$810.0M
Q3 25
$339.0M
$446.0M
Q2 25
$202.0M
$500.0M
Q1 25
$521.0M
$459.0M
Q4 24
$170.0M
$1.5B
Q3 24
$523.0M
$-480.0M
Q2 24
$335.0M
$263.0M
FCF Margin
GWW
GWW
HBAN
HBAN
Q1 26
Q4 25
6.1%
197.6%
Q3 25
7.3%
105.2%
Q2 25
4.4%
132.6%
Q1 25
12.1%
130.8%
Q4 24
4.0%
355.4%
Q3 24
11.9%
-132.6%
Q2 24
7.8%
73.1%
Capex Intensity
GWW
GWW
HBAN
HBAN
Q1 26
Q4 25
2.8%
28.8%
Q3 25
5.5%
9.7%
Q2 25
3.8%
14.3%
Q1 25
2.9%
15.4%
Q4 24
6.1%
6.6%
Q3 24
2.0%
11.6%
Q2 24
1.8%
11.7%
Cash Conversion
GWW
GWW
HBAN
HBAN
Q1 26
Q4 25
0.88×
1.79×
Q3 25
2.03×
0.77×
Q2 25
0.78×
1.03×
Q1 25
1.35×
0.97×
Q4 24
0.90×
2.80×
Q3 24
1.26×
-0.85×
Q2 24
0.87×
0.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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