W.W. Grainger (GWW) Gross Margin (2009 - 2026)
W.W. Grainger (GWW) posted Gross Margin of 39.51% for Q2 2026, up 0.98 percentage points from 38.54% a year earlier but down 0.47 percentage points from the prior quarter.
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Analysis
W.W. Grainger (GWW) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at W.W. Grainger was 39.40%, up 0.15 percentage points year-over-year; for FY2025, it came in at 39.06%, down 0.30 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +3.14 percentage points (FY2020 to FY2025).
- In prior years, W.W. Grainger's Gross Margin was 39.36% in FY2024 (-0.06 pp), 39.42% in FY2023 (+1.01 pp), 38.41% in FY2022 (+2.16 pp) and 36.25% in FY2021 (+0.32 pp).
- Quarterly Gross Margin has run from a low of 37.07% in Q3 2021 to a high of 39.98% in Q1 2026 over five years.
- On a year-over-year basis, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of +0.06 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q2 2022, with a gain of 2.51 percentage points; the weakest was Q2 2025, with a drop of 0.75 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 39.98% (Q1 2026), 39.46% (Q4 2025) and 38.61% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | 39.51% |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 44.56% |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | 31.02% |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | 40.10% |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 28.09% |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | 21.85% |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | 30.40% |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | 27.50% |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | 31.73% |
| 10 | Core & Main | 7.82 Bn | 7.12 Bn | 573.00 Mn | 26.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.51% |
| Mar 31, 2026 | 39.98% |
| 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% |
API Access
W.W. Grainger Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GWW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GWW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GWW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();