Grainger annual operating margin
2021
2022
2023
2024
2025
Grainger Operating Margin Growth & History (GRI)
Grainger's operating margin was 48.72% for fiscal 2025.
View full Grainger company overviewGrainger annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-09-30 | 48.72% | +7.67 pp |
| 2024 | 2024-09-30 | 41.05% | −7.02 pp |
| 2023 | 2023-09-30 | 48.07% | +4.30 pp |
| 2022 | 2022-09-30 | 43.77% | −1.95 pp |
| 2021 | 2021-09-30 | 45.72% | — |
Grainger operating margin trends
Between the periods ended 2021-09-30 and 2025-09-30, Grainger's operating margin increased from 45.72% to 48.72%, a change of +3.00 percentage points.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as reported operating income divided by reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Grainger source filings ↗Community posts
Grainger maintains rental guidance and outlines debt reduction through FY2029
Grainger reported on the 11 months to August on 7 September 2026. Operating performance Build-to-rent occupancy remains around 96%, with 3% like-for-like rental growth, in line with guidance. At Bristol's Glasshouse Square, 313 of 374 homes ...