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| Date | Value |
|---|---|
| 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 |