W.W. Grainger (GWW) Operating Expenses (2009 - 2025)

W.W. Grainger (GWW) reported Operating Expenses of $1.1 billion for Q4 2025, up 6.62% year-over-year from $1.0 billion in Q4 2024, and down 13.6% quarter-over-quarter from $1.3 billion in Q3 2025.

W.W. Grainger (GWW) Operating Expenses (2009 - 2025) Analysis & Trends

W.W. Grainger (GWW) has 17 years of Operating Expenses data on file, last reported at $1.1 billion in Q4 2025.

  • Operating Expenses for Q4 2025 came in at $1.1 billion, up 6.62% year-over-year; the trailing twelve-month figure through Dec 2025 was $4.5 billion (up 9.54% YoY), and the FY2025 annual result was $4.5 billion, up 9.54% from the prior year.
  • Operating Expenses slipped to $1.1 billion in Q4 2025 per GWW's latest filing, from $1.3 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.3 billion in Q3 2025 and troughed at $735.0 million in Q1 2021.
  • A 5-year average of $968.6 million and a median of $985.5 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2021 and 2025: Operating Expenses decreased 23.6% in 2021, then grew 24.47% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $836.0 million in 2021, then increased by 15.07% to $962.0 million in 2022, then gained by 4.57% to $1.0 billion in 2023, then climbed by 3.68% to $1.0 billion in 2024, then grew by 6.62% to $1.1 billion in 2025.
  • Business Quant data shows GWW's Operating Expenses at $1.1 billion in Q4 2025, $1.3 billion in Q3 2025, and $1.1 billion in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 W.W. Grainger 62.43 Bn 62.25 Bn 1.75 Bn 1.11 Bn
2 Fastenal 52.87 Bn 52.56 Bn 982.90 Mn 535.30 Mn
3 Ferguson Enterprises 43.71 Bn 42.89 Bn 2.32 Bn 1.61 Bn
4 Wesco International 17.21 Bn 16.51 Bn 1.29 Bn 947.60 Mn
5 Watsco 14.12 Bn 13.98 Bn 427.56 Mn 322.85 Mn
6 Applied Industrial Technologies 11.70 Bn 11.53 Bn 380.80 Mn 242.88 Mn
7 Qxo 11.53 Bn 8.48 Bn 409.30 Mn 661.20 Mn
8 Core & Main 9.91 Bn 9.77 Bn 428.00 Mn 310.00 Mn
9 Pool 6.54 Bn 6.47 Bn 329.87 Mn 247.26 Mn
10 Msc Industrial Direct 6.47 Bn 6.42 Bn 377.59 Mn 310.34 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 1.11 Bn
Sep 30, 2025 1.29 Bn
Jun 30, 2025 1.08 Bn
Mar 31, 2025 1.04 Bn
Dec 31, 2024 1.04 Bn
Sep 30, 2024 1.03 Bn
Jun 30, 2024 1.05 Bn
Mar 31, 2024 999.00 Mn
Dec 31, 2023 1.01 Bn
Sep 30, 2023 988.00 Mn
Jun 30, 2023 983.00 Mn
Mar 31, 2023 954.00 Mn
Dec 31, 2022 962.00 Mn
Sep 30, 2022 916.00 Mn
Jun 30, 2022 907.00 Mn
Mar 31, 2022 849.00 Mn
Dec 31, 2021 836.00 Mn
Sep 30, 2021 812.00 Mn
Jun 30, 2021 790.00 Mn
Mar 31, 2021 735.00 Mn