W.W. Grainger (GWW) Net Margin (2009 - 2025)
W.W. Grainger (GWW) reported Net Margin of 10.82% for Q4 2025, down 92.0% year-over-year from 135.31% in Q4 2024, and up 57.04% quarter-over-quarter from 6.89% in Q3 2025.
W.W. Grainger (GWW) Net Margin (2009 - 2025) Analysis & Trends
W.W. Grainger (GWW) has 17 years of Net Margin data on file, last reported at 10.82% in Q4 2025.
- Net Margin for Q4 2025 came in at 10.82%, down 92.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 10.08% (down 151.0% YoY), and the FY2025 annual result was 10.08%, down 151.0% from the prior year.
- Net Margin rose to 10.82% in Q4 2025 per GWW's latest filing, from 6.89% in the prior quarter.
- Over five years, Net Margin peaked at 12.42% in Q1 2023 and troughed at 6.89% in Q3 2025.
- A 5-year average of 10.47% and a median of 10.99% in 2025 frame the typical range for Net Margin.
- The sharpest annual moves came in 2021 and 2025: Net Margin jumped 303 bps in 2021, then slumped 462 bps in 2025.
- A 5-year view of Net Margin shows it stood at 8.96% in 2021, then increased by 17 bps to 10.44% in 2022, then slipped by 1 bps to 10.31% in 2023, then increased by 14 bps to 11.74% in 2024, then fell by 8 bps to 10.82% in 2025.
- Business Quant data shows GWW's Net Margin at 10.82% in Q4 2025, 6.89% in Q3 2025, and 11.16% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 10.82% |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 15.43% |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 5.54% |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 2.53% |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 4.63% |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | -13.13% |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 7.97% |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 4.62% |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 4.68% |
| 10 | Msc Industrial Direct | 6.54 Bn | 6.49 Bn | 377.59 Mn | 4.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 10.82% |
| Sep 30, 2025 | 6.89% |
| Jun 30, 2025 | 11.16% |
| Mar 31, 2025 | 11.61% |
| Dec 31, 2024 | 11.74% |
| Sep 30, 2024 | 11.51% |
| Jun 30, 2024 | 11.36% |
| Mar 31, 2024 | 11.74% |
| Dec 31, 2023 | 10.31% |
| Sep 30, 2023 | 11.72% |
| Jun 30, 2023 | 11.72% |
| Mar 31, 2023 | 12.42% |
| Dec 31, 2022 | 10.44% |
| Sep 30, 2022 | 11.21% |
| Jun 30, 2022 | 10.14% |
| Mar 31, 2022 | 10.56% |
| Dec 31, 2021 | 8.96% |
| Sep 30, 2021 | 9.34% |
| Jun 30, 2021 | 7.58% |
| Mar 31, 2021 | 8.27% |