W.W. Grainger (GWW) Gross Margin (2009 - 2025)
W.W. Grainger (GWW) reported Gross Margin of 39.46% for Q4 2025, down 14.0% year-over-year from 45.88% in Q4 2024, and up 2.2% quarter-over-quarter from 38.61% in Q3 2025.
W.W. Grainger (GWW) Gross Margin (2009 - 2025) Analysis & Trends
W.W. Grainger (GWW) has 17 years of Gross Margin data on file, last reported at 39.46% in Q4 2025.
- Gross Margin for Q4 2025 came in at 39.46%, down 14.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 39.06% (down 30.0% YoY), and the FY2025 annual result was 39.06%, down 30.0% from the prior year.
- Gross Margin climbed to 39.46% in Q4 2025 per GWW's latest filing, from 38.61% in the prior quarter.
- Over five years, Gross Margin peaked at 39.94% in Q1 2023 and troughed at 35.05% in Q2 2021.
- A 5-year average of 38.5% and a median of 39.15% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2021 and 2022: Gross Margin plunged 191 bps in 2021, then soared 251 bps in 2022.
- A 5-year view of Gross Margin shows it stood at 37.3% in 2021, then gained by 6 bps to 39.61% in 2022, then retreated by 1 bps to 39.1% in 2023, then grew by 1 bps to 39.59% in 2024, then slipped by 0 bps to 39.46% in 2025.
- Business Quant data shows GWW's Gross Margin at 39.46% in Q4 2025, 38.61% in Q3 2025, and 38.54% in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 39.46% |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 44.64% |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 31.02% |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 21.25% |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 27.89% |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | 23.66% |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 30.43% |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 27.07% |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 28.99% |
| 10 | Msc Industrial Direct | 6.54 Bn | 6.49 Bn | 377.59 Mn | 41.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 39.46% |
| Sep 30, 2025 | 38.61% |
| Jun 30, 2025 | 38.54% |
| Mar 31, 2025 | 39.71% |
| Dec 31, 2024 | 39.59% |
| Sep 30, 2024 | 39.20% |
| Jun 30, 2024 | 39.29% |
| Mar 31, 2024 | 39.39% |
| Dec 31, 2023 | 39.10% |
| Sep 30, 2023 | 39.33% |
| Jun 30, 2023 | 39.31% |
| Mar 31, 2023 | 39.94% |
| Dec 31, 2022 | 39.61% |
| Sep 30, 2022 | 38.53% |
| Jun 30, 2022 | 37.56% |
| Mar 31, 2022 | 37.92% |
| Dec 31, 2021 | 37.30% |
| Sep 30, 2021 | 37.07% |
| Jun 30, 2021 | 35.05% |
| Mar 31, 2021 | 35.44% |