W.w. Grainger annual gross margin
2007
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2019
2020
2021
2022
2023
2024
2025
W.w. Grainger Gross Margin Growth & History (GWW)
W.w. Grainger's gross margin was 39.06% for fiscal 2025.
View full W.w. Grainger company overviewW.w. Grainger annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 39.06% | −0.30 pp |
| 2024 | 2024-12-31 | 39.36% | −0.06 pp |
| 2023 | 2023-12-31 | 39.42% | +1.01 pp |
| 2022 | 2022-12-31 | 38.41% | +2.16 pp |
| 2021 | 2021-12-31 | 36.25% | +0.32 pp |
| 2020 | 2020-12-31 | 35.92% | −2.36 pp |
| 2019 | 2019-12-31 | 38.28% | −0.47 pp |
| 2018 | 2018-12-31 | 38.75% | −0.56 pp |
| 2017 | 2017-12-31 | 39.31% | −1.28 pp |
| 2016 | 2016-12-31 | 40.59% | −1.83 pp |
| 2015 | 2015-12-31 | 42.43% | −0.87 pp |
| 2014 | 2014-12-31 | 43.29% | −0.53 pp |
| 2013 | 2013-12-31 | 43.83% | +0.07 pp |
| 2012 | 2012-12-31 | 43.76% | +0.30 pp |
| 2011 | 2011-12-31 | 43.46% | +1.61 pp |
| 2010 | 2010-12-31 | 41.85% | +0.09 pp |
| 2009 | 2009-12-31 | 41.76% | +0.77 pp |
| 2008 | 2008-12-31 | 41.00% | +0.43 pp |
| 2007 | 2007-12-31 | 40.57% | — |
W.w. Grainger quarterly gross margin
Q2.08
Q3.08
Q1.09
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Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
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Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
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Q4.15
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Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
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Q1.20
Q2.20
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Q4.20
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Q2.21
Q3.21
Q4.21
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Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
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Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 39.51% | +0.98 pp |
| Q1 2026 | 2026-03-31 | 39.98% | +0.27 pp |
| Q4 2025 | 2025-12-31 | 39.46% | −0.14 pp |
| Q3 2025 | 2025-09-30 | 38.61% | −0.59 pp |
| Q2 2025 | 2025-06-30 | 38.54% | −0.75 pp |
| Q1 2025 | 2025-03-31 | 39.71% | +0.33 pp |
| Q4 2024 | 2024-12-31 | 39.59% | +0.49 pp |
| Q3 2024 | 2024-09-30 | 39.20% | −0.13 pp |
| Q2 2024 | 2024-06-30 | 39.29% | −0.03 pp |
| Q1 2024 | 2024-03-31 | 39.39% | −0.56 pp |
| Q4 2023 | 2023-12-31 | 39.10% | −0.51 pp |
| Q3 2023 | 2023-09-30 | 39.33% | +0.80 pp |
| Q2 2023 | 2023-06-30 | 39.31% | +1.76 pp |
| Q1 2023 | 2023-03-31 | 39.94% | +2.02 pp |
| Q4 2022 | 2022-12-31 | 39.61% | +2.31 pp |
| Q3 2022 | 2022-09-30 | 38.53% | +1.46 pp |
| Q2 2022 | 2022-06-30 | 37.56% | +2.51 pp |
| Q1 2022 | 2022-03-31 | 37.92% | +2.48 pp |
| Q4 2021 | 2021-12-31 | 37.30% | +2.38 pp |
| Q3 2021 | 2021-09-30 | 37.07% | +1.48 pp |
| Q2 2021 | 2021-06-30 | 35.05% | −0.76 pp |
| Q1 2021 | 2021-03-31 | 35.44% | −1.91 pp |
| Q4 2020 | 2020-12-31 | 34.92% | −3.08 pp |
| Q3 2020 | 2020-09-30 | 35.59% | −1.71 pp |
| Q2 2020 | 2020-06-30 | 35.81% | −2.94 pp |
| Q1 2020 | 2020-03-31 | 37.35% | −1.77 pp |
| Q4 2019 | 2019-12-31 | 38.00% | −0.58 pp |
| Q3 2019 | 2019-09-30 | 37.29% | −0.82 pp |
| Q2 2019 | 2019-06-30 | 38.75% | −0.08 pp |
| Q1 2019 | 2019-03-31 | 39.12% | −0.36 pp |
| Q4 2018 | 2018-12-31 | 38.58% | −0.23 pp |
| Q3 2018 | 2018-09-30 | 38.11% | −0.47 pp |
| Q2 2018 | 2018-06-30 | 38.83% | −0.93 pp |
| Q1 2018 | 2018-03-31 | 39.48% | −0.63 pp |
| Q4 2017 | 2017-12-31 | 38.81% | −1.27 pp |
| Q3 2017 | 2017-09-30 | 38.59% | −1.46 pp |
| Q2 2017 | 2017-06-30 | 39.76% | −0.80 pp |
| Q1 2017 | 2017-03-31 | 40.11% | −1.59 pp |
| Q4 2016 | 2016-12-31 | 40.08% | −0.37 pp |
| Q3 2016 | 2016-09-30 | 40.05% | −1.88 pp |
| Q2 2016 | 2016-06-30 | 40.57% | −1.98 pp |
| Q1 2016 | 2016-03-31 | 41.69% | −3.14 pp |
| Q4 2015 | 2015-12-31 | 40.45% | −1.56 pp |
| Q3 2015 | 2015-09-30 | 41.92% | −1.12 pp |
| Q2 2015 | 2015-06-30 | 42.55% | −0.57 pp |
| Q1 2015 | 2015-03-31 | 44.83% | −0.27 pp |
| Q4 2014 | 2014-12-31 | 42.01% | −0.33 pp |
| Q3 2014 | 2014-09-30 | 43.04% | −0.79 pp |
| Q2 2014 | 2014-06-30 | 43.12% | −0.84 pp |
| Q1 2014 | 2014-03-31 | 45.10% | −0.14 pp |
| Q4 2013 | 2013-12-31 | 42.33% | −1.22 pp |
| Q3 2013 | 2013-09-30 | 43.83% | +0.26 pp |
| Q2 2013 | 2013-06-30 | 43.96% | +0.47 pp |
| Q1 2013 | 2013-03-31 | 45.24% | +0.82 pp |
| Q4 2012 | 2012-12-31 | 43.55% | −0.06 pp |
| Q3 2012 | 2012-09-30 | 43.57% | +0.40 pp |
| Q2 2012 | 2012-06-30 | 43.50% | +0.44 pp |
| Q1 2012 | 2012-03-31 | 44.42% | +0.38 pp |
| Q4 2011 | 2011-12-31 | 43.61% | +1.84 pp |
| Q3 2011 | 2011-09-30 | 43.18% | +1.60 pp |
| Q2 2011 | 2011-06-30 | 43.05% | +1.17 pp |
| Q1 2011 | 2011-03-31 | 44.04% | +1.84 pp |
| Q4 2010 | 2010-12-31 | 41.78% | −0.10 pp |
| Q3 2010 | 2010-09-30 | 41.58% | +0.06 pp |
| Q2 2010 | 2010-06-30 | 41.88% | +1.12 pp |
| Q1 2010 | 2010-03-31 | 42.20% | −0.76 pp |
| Q4 2009 | 2009-12-31 | 41.88% | +1.52 pp |
| Q3 2009 | 2009-09-30 | 41.51% | +1.34 pp |
| Q2 2009 | 2009-06-30 | 40.76% | — |
| Q1 2009 | 2009-03-31 | 42.96% | — |
| Q3 2008 | 2008-09-30 | 40.36% | — |
| Q2 2008 | 2008-06-30 | 40.18% | — |
W.w. Grainger gross margin trends
Over the last five reported fiscal years, W.w. Grainger's gross margin increased from 35.92% to 39.06%, a change of +3.14 percentage points. The latest reported quarter, Q2 2026, shows 39.51%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-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 W.w. Grainger filings at SEC.gov ↗