W.W. Grainger (GWW) Net Margin (2009 - 2026)
W.W. Grainger (GWW) posted Net Margin of 11.33% for Q3 2026, up 5.02 percentage points from 6.31% a year earlier but down 0.02 percentage points from the prior quarter.
W.W. Grainger (GWW) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Margin at W.W. Grainger was 11.17%, up 1.42 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 has increased in each of the last three quarters, with an average year-over-year change of +0.18 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q3 2026, with a gain of 5.02 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 11.35% (Q2 2026), 11.70% (Q1 2026) and 10.19% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 67.67 Bn | 65.03 Bn | 2.01 Bn | 11.33% |
| 2 | United Rentals | 65.48 Bn | 64.60 Bn | 2.05 Bn | 18.80% |
| 3 | Fastenal | 60.80 Bn | 59.80 Bn | 1.10 Bn | 16.30% |
| 4 | Ferguson Enterprises | 45.51 Bn | 42.73 Bn | 2.32 Bn | 5.54% |
| 5 | Sunbelt Rentals Holdings | 31.50 Bn | 31.38 Bn | 1.25 Bn | 14.06% |
| 6 | Reliance | 21.26 Bn | 20.31 Bn | 1.45 Bn | 7.73% |
| 7 | Wesco International | 14.25 Bn | 11.29 Bn | 1.57 Bn | 3.71% |
| 8 | Watsco | 11.59 Bn | 9.28 Bn | 578.93 Mn | 7.25% |
| 9 | Avantor | 10.49 Bn | 9.07 Bn | 534.80 Mn | 11.98% |
| 10 | Applied Industrial Technologies | 10.39 Bn | 10.28 Bn | 392.21 Mn | 8.55% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.33% |
| 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% |
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_KEY
import 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();