W.W. Grainger (GWW) Net Margin (2009 - 2026)
W.W. Grainger (GWW) posted quarterly 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 - 2026) Analysis & Trends
W.W. Grainger (GWW) has reported Net Margin for 17 consecutive years, with 10.82% the latest figure, recorded in Q4 2025.
- In Q4 2025, Net Margin fell 92.0% year-over-year to 10.82%; the TTM figure through Dec 2025 stood at 10.08% (down 151.0% YoY), while the FY2025 annual figure was 10.08%, down 151.0% from the prior year.
- Net Margin climbed to 10.82% in Q4 2025 per GWW's latest filing, from 6.89% in the prior quarter.
- Across five years, Net Margin topped out at 12.42% in Q1 2023 and bottomed at 6.89% in Q3 2025.
- Historically, Net Margin has averaged 10.47% across 5 years, with a median of 10.99% in 2025.
- Annual changes were most pronounced in 2021 — Net Margin jumped 303 bps — and 2025, when it slumped 462 bps.
- W.W. Grainger's Net Margin stood at 8.96% in 2021, then rose by 17 bps to 10.44% in 2022, then dropped by 1 bps to 10.31% in 2023, then rose by 14 bps to 11.74% in 2024, then retreated 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.04 Bn | 61.46 Bn | 1.98 Bn | 11.95% |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | 16.04% |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | 5.54% |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | 3.14% |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | 7.97% |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | 9.09% |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | 5.92% |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | 10.32% |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | 7.52% |
| 10 | Xometry | 5.15 Bn | 4.63 Bn | 87.15 Mn | -2.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.95% |
| 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% |