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
DateValue
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%