W.W. GRAINGER, INC. (GWW) closed fiscal year 2025 with a gross margin of 39.1 % and a net margin of 9.5 %.
W.W. GRAINGER, INC. (GWW) closed fiscal year 2025 with a gross margin of 39.1 % and a net margin of 9.5 %. The same year shows an EBITDA margin of 15.3 % and an EBIT margin of 13.9 %. The free cash flow margin was 7.4 %. Against the previous year the gross margin moved −0.3 pp and the net margin −1.6 pp. Across the period the gross margin ranges between 35.9 % in 2020 and 43.8 % in 2013. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 40.57 % | 41.00 % | 41.76 % | 41.85 % | 43.46 % | 43.76 % | 43.83 % | 43.29 % | 42.43 % | 40.59 % | 39.31 % | 38.75 % | 38.28 % | 35.92 % | 36.25 % | 38.41 % | 39.42 % | 39.36 % | 39.06 % |
| EBITDA margin (%) | 12.51 % | 13.46 % | 13.06 % | 14.06 % | 14.87 % | 14.42 % | 15.65 % | 15.61 % | 15.32 % | 13.44 % | 12.46 % | 12.61 % | 12.98 % | 10.18 % | 13.32 % | 15.89 % | 16.86 % | 16.74 % | 15.32 % |
| EBIT margin (%) | 10.45 % | 11.43 % | 10.69 % | 11.98 % | 13.03 % | 12.64 % | 13.74 % | 13.52 % | 13.04 % | 10.98 % | 9.93 % | 10.32 % | 10.99 % | 8.64 % | 11.88 % | 14.55 % | 15.57 % | 15.36 % | 13.91 % |
| Net margin (%) | 6.55 % | 6.94 % | 6.92 % | 7.11 % | 8.15 % | 7.71 % | 8.45 % | 8.05 % | 7.71 % | 5.98 % | 5.62 % | 6.97 % | 7.39 % | 5.89 % | 8.01 % | 10.16 % | 11.10 % | 11.12 % | 9.51 % |
| FCF margin (%) | 4.23 % | 4.89 % | 9.48 % | 6.53 % | 6.80 % | 6.33 % | 7.57 % | 5.74 % | 6.64 % | 7.30 % | 7.87 % | 7.29 % | 7.15 % | 7.85 % | 5.24 % | 7.07 % | 9.62 % | 9.14 % | 7.42 % |
