W.W. Grainger (GWW) Operating Expenses (2009 - 2026)
W.W. Grainger's Operating Expenses came in at $1.18 billion for Q2 2026, up 9.3% from $1.08 billion a year earlier and up 6.7% from the prior quarter.
W.W. Grainger (GWW) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, W.W. Grainger reported Operating Expenses of $4.68 billion, up 11.6% year-over-year; for FY2025, it was $4.51 billion, up 9.5% from FY2024.
- Operating Expenses has increased in each of the last four years, with a five-year compound annual growth rate of 7.0% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $4.12 billion in FY2024 (+4.8%), $3.93 billion in FY2023 (+8.2%), $3.63 billion in FY2022 (+14.5%) and $3.17 billion in FY2021 (-1.4%).
- The five-year range for quarterly Operating Expenses is $812 million (Q3 2021) to $1.29 billion (Q3 2025).
- Year-over-year, Operating Expenses has increased for 20 consecutive quarters, with growth averaging 7.7% over the last eight quarters.
- Over the past five years, the year-over-year growth in Operating Expenses ranged from 3.1% (Q2 2025) to 24.5% (Q3 2025).
- Business Quant data shows GWW's Operating Expenses at $1.1 billion (Q1 2026), $1.11 billion (Q4 2025) and $1.29 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 66.76 Bn | 65.52 Bn | 1.73 Bn | 1.18 Bn |
| 2 | W.W. Grainger | 62.44 Bn | 60.04 Bn | 1.98 Bn | 1.18 Bn |
| 3 | Fastenal | 59.15 Bn | 58.07 Bn | 1.06 Bn | 561.80 Mn |
| 4 | Ferguson Enterprises | 43.40 Bn | 40.62 Bn | 2.32 Bn | 1.61 Bn |
| 5 | Sunbelt Rentals Holdings | 31.72 Bn | 31.60 Bn | 1.25 Bn | 989.00 Mn |
| 6 | Reliance | 20.61 Bn | 19.65 Bn | 1.30 Bn | 4.19 Bn |
| 7 | Wesco International | 17.76 Bn | 15.07 Bn | 1.46 Bn | 1.02 Bn |
| 8 | Applied Industrial Technologies | 12.47 Bn | 12.35 Bn | 411.22 Mn | 251.91 Mn |
| 9 | Watsco | 11.11 Bn | 8.79 Bn | 578.93 Mn | 348.99 Mn |
| 10 | Avantor | 10.53 Bn | 9.33 Bn | 537.00 Mn | 415.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.18 Bn |
| Mar 31, 2026 | 1.10 Bn |
| 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 |
W.W. Grainger Operating Expenses 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=operating-expenses&ticker=GWW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=GWW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();