WW Grainger Inc (GWW)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,909,000 | 1,829,000 | 1,547,000 | 1,043,000 | 695,000 |
| Revenue | US$ in thousands | 17,168,000 | 16,478,000 | 15,228,000 | 13,022,000 | 11,797,000 |
| Net profit margin | 11.12% | 11.10% | 10.16% | 8.01% | 5.89% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,909,000K ÷ $17,168,000K
= 11.12%
WW Grainger Inc has exhibited a positive trend in its net profit margin over the past five years. Starting at 5.89% on December 31, 2020, the company's net profit margin has steadily increased year over year to reach 11.12% by December 31, 2024. This indicates a consistent improvement in the company's ability to convert its revenue into net income, reflecting potentially more efficient operations, cost management, or pricing strategies over the period analyzed. The rising trend in net profit margin is generally seen as a positive indicator of a company's financial health and management efficiency.