GWW Q3 2025 Earnings
Reported Oct 31, 2025 at 8:07 AM ET · SEC Source
Q3 25 EPS
$10.21
BEAT +2.58%
Est. $9.95
Q3 25 Revenue
$4.66B
BEAT +0.30%
Est. $4.64B
vs S&P Since Q3 25
+13.4%
BEATING MARKET
GWW +19.1% vs S&P +5.7%
Market Reaction
Did GWW Beat Earnings? Q3 2025 Results
W.W. Grainger delivered a beat on both the top and bottom lines in Q3 2025, with adjusted diluted EPS of $10.21 clearing the $9.95 consensus estimate by 2.58% and revenue of $4.66 billion edging past expectations by 0.30% on 6.1% year-over-year growt… Read more W.W. Grainger delivered a beat on both the top and bottom lines in Q3 2025, with adjusted diluted EPS of $10.21 clearing the $9.95 consensus estimate by 2.58% and revenue of $4.66 billion edging past expectations by 0.30% on 6.1% year-over-year growth. The headline story, however, was a $196 million asset impairment charge tied to Grainger's planned exit from the U.K. Market via the divestiture of its Cromwell business, which dragged reported operating earnings down 25.5% and sent the effective tax rate spiking to 34.7%; strip out that non-cash hit and adjusted operating earnings grew 3.1% to $707 million. Strength in the Endless Assortment segment, where sales surged 18.2%, powered by MonotaRO and Zoro, helped offset margin pressure in the core North American business from tariff-related cost inflation. Looking ahead, Grainger narrowed its full-year adjusted diluted EPS guidance to $39.00 to $39.75 and trimmed its net sales outlook to $17.80 to $18.00 billion, reflecting a more cautious macro view while absorbing known tariff impacts.
Key Takeaways
- • High-Touch Solutions - N.A. growth driven by volume growth and improving price contribution as tariff costs are passed through
- • Endless Assortment segment growth driven by strong performance at both MonotaRO and Zoro
- • Adjusted EPS growth driven by sales growth and fewer shares outstanding
- • Gross profit margin declined 60 basis points due to tariff-related inflation causing unfavorable price/cost timing and LIFO inventory valuation headwinds in High-Touch Solutions
- • Endless Assortment gross profit margin improved 60 basis points
GWW YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
“We delivered results in-line with our expectations for the quarter, reinforcing the value and differentiated experience Grainger consistently creates for our customers.”
— D.G. Macpherson, Q3 2025 Earnings Press Release
GWW Earnings Trends
GWW vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
GWW EPS Trend
Earnings per share: estimate vs actual
GWW Revenue Trend
Quarterly revenue: estimate vs actual
GWW Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 25 MISS FY | $9.46 | $9.44 | -0.21% | $4.43B | +0.67% |
| FY Full Year | $39.51 | $35.40 | -10.39% | $17.94B | +0.16% |
| Q3 25 BEAT | $9.95 | $10.21 | +2.58% | $4.66B | +0.30% |
| Q2 25 MISS | $10.07 | $9.97 | -1.03% | $4.55B | +0.59% |
| Q1 25 BEAT | $9.51 | $9.86 | +3.70% | $4.31B | -0.27% |