WW Grainger Inc (GWW)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 2,584,000 | 2,503,000 | 2,484,000 | 2,493,000 | 2,500,000 | 2,484,000 | 2,419,000 | 2,291,000 | 2,146,000 | 2,022,000 | 1,857,000 | 1,659,000 | 1,485,000 | 1,343,000 | 1,283,000 | 1,148,000 | 947,000 | 858,000 | 818,000 | 1,000,000 |
| 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 |
| Pretax margin | 15.05% | 14.78% | 14.83% | 15.00% | 15.17% | 15.26% | 15.10% | 14.62% | 14.09% | 13.68% | 13.06% | 12.21% | 11.40% | 10.66% | 10.47% | 9.66% | 8.03% | 7.33% | 7.03% | 8.56% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,584,000K ÷ $17,168,000K
= 15.05%
The pretax margin of WW Grainger Inc has shown a generally positive trend over the analyzed period from March 31, 2020, to December 31, 2024. The company's pretax margin started at 8.56% in March 2020 and gradually increased to 15.05% by the end of December 2024.
The pretax margin fluctuated during this period, with some quarters showing slight decreases, but overall, there was an upward trajectory. This indicates that the company was able to effectively manage its operating expenses in relation to its revenue, leading to improved profitability before taxes.
The consistent improvement in pretax margin suggests that WW Grainger Inc was able to enhance its operational efficiency and cost management over time. This could be attributed to various factors such as revenue growth, cost control measures, operational efficiencies, or strategic investments that positively impacted the company's bottom line.
Overall, the increasing trend in pretax margin for WW Grainger Inc reflects a positive financial performance and improved profitability over the analyzed period, indicating effective management strategies and sound financial health.