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W.W. Grainger (W.W. Grainger) Gross Profit

: $6,496 Mil (TTM As of Dec. 2023)
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W.W. Grainger's gross profit for the three months ended in Dec. 2023 was $1,563 Mil. W.W. Grainger's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $6,496 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. W.W. Grainger's gross profit for the three months ended in Dec. 2023 was $1,563 Mil. W.W. Grainger's Revenue for the three months ended in Dec. 2023 was $3,997 Mil. Therefore, W.W. Grainger's Gross Margin % for the quarter that ended in Dec. 2023 was 39.10%.

W.W. Grainger had a gross margin of 39.10% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of W.W. Grainger was 43.29%. The lowest was 35.92%. And the median was 39.03%.


W.W. Grainger Gross Profit Historical Data

The historical data trend for W.W. Grainger's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

W.W. Grainger Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,397.00 4,238.00 4,720.00 5,849.00 6,496.00

W.W. Grainger Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,506.00 1,634.00 1,644.00 1,655.00 1,563.00

Competitive Comparison

For the Industrial Distribution subindustry, W.W. Grainger's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


W.W. Grainger Gross Profit Distribution

For the Industrial Distribution industry and Industrials sector, W.W. Grainger's Gross Profit distribution charts can be found below:

* The bar in red indicates where W.W. Grainger's Gross Profit falls into.



W.W. Grainger Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

W.W. Grainger's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=16478 - 9982
=6,496

W.W. Grainger's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=3997 - 2434
=1,563

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,496 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

W.W. Grainger's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,563 / 3997
=39.10 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


W.W. Grainger  (NYSE:GWW) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

W.W. Grainger had a gross margin of 39.10% for the quarter that ended in Dec. 2023 => Competition eroding margins


W.W. Grainger Gross Profit Related Terms

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W.W. Grainger (W.W. Grainger) Business Description

Traded in Other Exchanges
Address
100 Grainger Parkway, Lake Forest, IL, USA, 60045-5201
W.W. Grainger distributes approximately 1.5 million maintenance, repair, and operating products that are sourced from over 4,500 suppliers. The company serves about 5 million customers through its online and electronic purchasing platforms, vending machines, catalog distribution, and network of over 300 global branches. In recent years, Grainger has invested in its e-commerce capabilities and is the 11th-largest e-retailer in North America.
Executives
Laurie R Thomson officer: VP, Controller 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Donald G Macpherson director, officer: Chairman and CEO 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Matt Fortin officer: SVP & Chief HR Officer 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
George S Davis director 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Rodney C Adkins director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Katherine D. Jaspon director 130 ROYALL STREET, C/O DUNKIN' BRANDS, INC., CANTON MA 02021
Susan Slavik Williams director 4450 MACARTHUR BLVD., SECOND FLOOR, NEWPORT BEACH CA 92660
Stuart L Levenick director 100 NE ADAMS STREET, PEORIA IL 61629
Neil S Novich director RYERSON LTULL INC, 2621 W 15TH PLACE, CHICAGO IL 60603
V Ann Hailey director THREE LIMITED PARKWAY, COLUMBUS OH 43230
Steven Andrew White director 1 HORMEL PLACE, AUSTIN MN 55912
Beatriz R Perez director ONE COCA-COLA PLAZA, ATLANTA GA 30313
Ernest Scott Santi director ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Lucas E Watson director 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Paige K Robbins officer: Sr. VP (see Remarks) 100 GRAINGER PARKWAY, LAKE FOREST IL 60045

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