WW Grainger Inc (GWW)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,909,000 | 1,829,000 | 1,819,000 | 1,819,000 | 1,829,000 | 1,818,000 | 1,768,000 | 1,669,000 | 1,547,000 | 1,446,000 | 1,317,000 | 1,171,000 | 1,043,000 | 928,000 | 871,000 | 760,000 | 695,000 | 630,000 | 623,000 | 769,000 |
| 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 |
| Net profit margin | 11.12% | 10.80% | 10.86% | 10.94% | 11.10% | 11.17% | 11.04% | 10.65% | 10.16% | 9.78% | 9.26% | 8.62% | 8.01% | 7.36% | 7.11% | 6.40% | 5.89% | 5.38% | 5.36% | 6.58% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,909,000K ÷ $17,168,000K
= 11.12%
WW Grainger Inc's net profit margin has shown a generally positive trend over the past five years, starting at 6.58% in March 2020 and reaching 11.12% by December 2024. The net profit margin measures the profitability of the company, indicating the percentage of revenue that translates into profit after accounting for all expenses.
The company saw fluctuations in its net profit margin over the period, with some quarters experiencing slight decreases while others showed improvements. For example, there was a notable increase in the net profit margin from March 2023 to September 2023, where it jumped from 10.65% to 11.17%. This upward trend continued until December 2023, where it reached 11.10%. However, there was a slight decrease in the net profit margin in the following quarters, with values ranging from 10.94% to 11.12%.
Overall, the gradual increase in the net profit margin indicates that WW Grainger Inc has been effectively managing its expenses relative to its revenue, resulting in improved profitability over the analyzed period. This can be a positive indication for investors, showing the company's ability to generate more profit from its operations.