W.W. Grainger profit margin GWW
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 9.9%
- Operating margin, 12 months
- 14.6%
- Net margin on a year earlier
- −1.1 pts
- Peer median
- 6.5%
Over the twelve months to Jun 30, 2026, W.W. Grainger kept 9.9% of its revenue as net profit, with an operating margin of 14.6% and a gross margin of 39.4%.
Five years earlier its net margin was 7.1%.
The median for 8 industrial distribution stocks of a similar size is 6.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 9.5% | 13.9% | 39.1% |
| FY2024 | 11.1% | 15.4% | 39.4% |
| FY2023 | 11.1% | 15.6% | 39.4% |
| FY2022 | 10.2% | 14.5% | 38.4% |
| FY2021 | 8.0% | 11.9% | 36.2% |
| FY2020 | 5.9% | 8.6% | 35.9% |
| FY2019 | 7.4% | 11.0% | 38.3% |
| FY2018 | 7.0% | 10.3% | 38.7% |
| FY2017 | 5.6% | 9.9% | 39.3% |
| FY2016 | 6.0% | 11.0% | 40.6% |
| FY2015 | 7.7% | 13.0% | 42.4% |
| FY2014 | 8.0% | 13.5% | 43.3% |
| FY2013 | 8.4% | 13.7% | 43.8% |
| FY2012 | 7.7% | 12.6% | 43.8% |
| FY2011 | 8.2% | 13.0% | 43.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 9.9% | −1.1 pts | 14.6% | |
| Q1 FY26 | 9.7% | −1.4 pts | 14.2% | |
| Q4 FY25 | 9.5% | −1.6 pts | 13.9% | |
| Q3 FY25 | 9.7% | −1.1 pts | 14.1% | |
| Q2 FY25 | 11.0% | +0.1 pts | 15.3% | |
| Q1 FY25 | 11.1% | +0.1 pts | 15.3% | |
| Q4 FY24 | 11.1% | +0.0 pts | 15.4% | |
| Q3 FY24 | 10.8% | −0.4 pts | 15.1% | |
| Q2 FY24 | 10.9% | −0.2 pts | 15.2% | |
| Q1 FY24 | 10.9% | +0.3 pts | 15.4% | |
| Q4 FY23 | 11.1% | +0.9 pts | 15.6% | |
| Q3 FY23 | 11.2% | +1.4 pts | 15.7% |
Against its peers
Companies in Industrial - Distribution nearest W.W. Grainger's size, closest first, today.
| Company | Profit margin |
|---|---|
| GWWW.W. Grainger | 9.9% |
| FASTFastenal | 15.5% |
| FERGFerguson | n/m |
| WCCWESCO International | 2.8% |
| WSOWatsco | 6.5% |
| AITApplied Industrial Technologies | 8.3% |
| CNMCore & Main | 6.0% |
| POOLPool | 7.4% |
| MSMMSC Industrial Direct | 5.9% |
| Peer median | 6.5% |
Where W.W. Grainger ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on W.W. Grainger
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.