W.W. Grainger (GWW) Operating Margin (2009 - 2025)
W.W. Grainger (GWW) reported Operating Margin of 14.33% for Q4 2025, down 63.0% year-over-year from 38.72% in Q4 2024, and up 30.58% quarter-over-quarter from 10.97% in Q3 2025.
W.W. Grainger (GWW) Operating Margin (2009 - 2025) Analysis & Trends
W.W. Grainger (GWW) has 17 years of Operating Margin data on file, last reported at 14.33% in Q4 2025.
- Operating Margin for Q4 2025 came in at 14.33%, down 63.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 13.91% (down 145.0% YoY), and the FY2025 annual result was 13.91%, down 145.0% from the prior year.
- Operating Margin climbed to 14.33% in Q4 2025 per GWW's latest filing, from 10.97% in the prior quarter.
- Over five years, Operating Margin peaked at 16.62% in Q1 2023 and troughed at 10.41% in Q2 2021.
- A 5-year average of 14.25% and a median of 14.77% in 2025 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2021 and 2025: Operating Margin surged 631 bps in 2021, then plunged 466 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 12.41% in 2021, then rose by 15 bps to 14.31% in 2022, then fell by 3 bps to 13.94% in 2023, then grew by 7 bps to 14.95% in 2024, then slipped by 4 bps to 14.33% in 2025.
- Business Quant data shows GWW's Operating Margin at 14.33% in Q4 2025, 10.97% in Q3 2025, and 14.89% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 14.33% |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 20.33% |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 8.19% |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 4.83% |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 7.19% |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | -14.56% |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 11.02% |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 7.46% |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 7.26% |
| 10 | Msc Industrial Direct | 6.54 Bn | 6.49 Bn | 377.59 Mn | 7.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 14.33% |
| Sep 30, 2025 | 10.97% |
| Jun 30, 2025 | 14.89% |
| Mar 31, 2025 | 15.61% |
| Dec 31, 2024 | 14.95% |
| Sep 30, 2024 | 15.63% |
| Jun 30, 2024 | 15.05% |
| Mar 31, 2024 | 15.80% |
| Dec 31, 2023 | 13.94% |
| Sep 30, 2023 | 15.85% |
| Jun 30, 2023 | 15.81% |
| Mar 31, 2023 | 16.62% |
| Dec 31, 2022 | 14.31% |
| Sep 30, 2022 | 15.30% |
| Jun 30, 2022 | 13.92% |
| Mar 31, 2022 | 14.64% |
| Dec 31, 2021 | 12.41% |
| Sep 30, 2021 | 12.99% |
| Jun 30, 2021 | 10.41% |
| Mar 31, 2021 | 11.61% |