W.W. Grainger (GWW) Net Margin (2009 - 2026)
W.W. Grainger (GWW) posted Net Margin of 11.35% for Q2 2026, up 0.77 percentage points from 10.58% a year earlier but down 0.35 percentage points from the prior quarter.
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Analysis
W.W. Grainger (GWW) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at W.W. Grainger was 9.92%, down 1.07 percentage points year-over-year; for FY2025, it was 9.51%, down 1.61 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +3.62 percentage points (FY2020 to FY2025).
- In prior years, W.W. Grainger's Net Margin was 11.12% in FY2024 (+0.02 pp), 11.10% in FY2023 (+0.94 pp), 10.16% in FY2022 (+2.15 pp) and 8.01% in FY2021 (+2.12 pp).
- Quarterly Net Margin has run from a low of 6.31% in Q3 2025 to a high of 11.93% in Q1 2023 over five years.
- On a year-over-year basis, Net Margin increased in three of the last eight quarters, with an average year-over-year change of -0.48 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2021, with a gain of 2.71 percentage points; the weakest was Q3 2025, with a drop of 4.76 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 11.70% (Q1 2026), 10.19% (Q4 2025) and 6.31% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | 11.35% |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 16.04% |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | 5.54% |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | 14.06% |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 6.97% |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | 3.14% |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | 8.77% |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | 7.25% |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | 2.25% |
| 10 | Core & Main | 7.82 Bn | 7.12 Bn | 573.00 Mn | 6.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.35% |
| Mar 31, 2026 | 11.70% |
| Dec 31, 2025 | 10.19% |
| Sep 30, 2025 | 6.31% |
| Jun 30, 2025 | 10.58% |
| Mar 31, 2025 | 11.12% |
| Dec 31, 2024 | 11.22% |
| Sep 30, 2024 | 11.08% |
| Jun 30, 2024 | 10.90% |
| Mar 31, 2024 | 11.29% |
| Dec 31, 2023 | 9.88% |
| Sep 30, 2023 | 11.31% |
| Jun 30, 2023 | 11.24% |
| Mar 31, 2023 | 11.93% |
| Dec 31, 2022 | 10.10% |
| Sep 30, 2022 | 10.81% |
| Jun 30, 2022 | 9.67% |
| Mar 31, 2022 | 10.04% |
| Dec 31, 2021 | 8.43% |
| Sep 30, 2021 | 8.81% |
API Access
W.W. Grainger Net 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=net-margin&ticker=GWW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=GWW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();