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W.W. Grainger (LTS:0IZI) Gross Profit : $6,645 Mil (TTM As of Sep. 2024)


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What is W.W. Grainger Gross Profit?

W.W. Grainger's gross profit for the three months ended in Sep. 2024 was $1,720 Mil. W.W. Grainger's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $6,645 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. W.W. Grainger's gross profit for the three months ended in Sep. 2024 was $1,720 Mil. W.W. Grainger's Revenue for the three months ended in Sep. 2024 was $4,388 Mil. Therefore, W.W. Grainger's Gross Margin % for the quarter that ended in Sep. 2024 was 39.20%.

W.W. Grainger had a gross margin of 39.20% for the quarter that ended in Sep. 2024 => 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 Gross Profit Chart

W.W. Grainger Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 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
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial 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 1,655.00 1,563.00 1,668.00 1,694.00 1,720.00

Competitive Comparison of W.W. Grainger's Gross Profit

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's Gross Profit Distribution in the Industrial Distribution Industry

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 Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=4388 - 2668
=1,720

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,645 Mil.

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

W.W. Grainger's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,720 / 4388
=39.20 %

* 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  (LTS:0IZI) 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 39.20% for the quarter that ended in Sep. 2024 => Competition eroding margins


W.W. Grainger Gross Profit Related Terms

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W.W. Grainger Business Description

Traded in Other Exchanges
Address
100 Grainger Parkway, Lake Forest, IL, USA, 60045-5201
W.W. Grainger distributes maintenance, repair, and operations products that are sourced from over 5,000 suppliers. The company serves more than 4.5 million customers through its online and electronic purchasing platforms, vending machines, catalog distribution, and network of over 300 global branches.

W.W. Grainger Headlines

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