WW Grainger Inc (GWW)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 6,758,000 | 6,645,000 | 6,580,000 | 6,530,000 | 6,496,000 | 6,439,000 | 6,303,000 | 6,100,000 | 5,849,000 | 5,596,000 | 5,327,000 | 5,010,000 | 4,720,000 | 4,494,000 | 4,318,000 | 4,210,000 | 4,238,000 | 4,293,000 | 4,318,000 | 4,423,000 |
| Revenue (ttm) | US$ in thousands | 17,168,000 | 16,932,000 | 16,752,000 | 16,622,000 | 16,478,000 | 16,283,000 | 16,017,000 | 15,672,000 | 15,228,000 | 14,785,000 | 14,215,000 | 13,585,000 | 13,022,000 | 12,604,000 | 12,250,000 | 11,880,000 | 11,797,000 | 11,703,000 | 11,632,000 | 11,688,000 |
| Gross profit margin | 39.36% | 39.25% | 39.28% | 39.29% | 39.42% | 39.54% | 39.35% | 38.92% | 38.41% | 37.85% | 37.47% | 36.88% | 36.25% | 35.66% | 35.25% | 35.44% | 35.92% | 36.68% | 37.12% | 37.84% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $6,758,000K ÷ $17,168,000K
= 39.36%
The gross profit margin of WW Grainger Inc has shown a general increasing trend over the periods analyzed. From March 31, 2020, at 37.84%, the gross profit margin declined slightly to 35.92% by December 31, 2020. However, from that point onward, there was a steady improvement in the gross profit margin, reaching 39.36% by December 31, 2024.
Overall, the company's gross profit margin indicates that it is effectively managing its production costs and generating a healthy profit from its sales. This trend is a positive indicator of the company's ability to maintain profitability and efficiency in its operations.