Gross Profit Comparison: W.W. Grainger, Inc. and Snap-on Incorporated Trends

Industrial Giants' Profit Growth: Grainger vs. Snap-on

__timestampSnap-on IncorporatedW.W. Grainger, Inc.
Wednesday, January 1, 201415843000004314242000
Thursday, January 1, 201516483000004231428000
Friday, January 1, 201617096000004114557000
Sunday, January 1, 201718249000004097557000
Monday, January 1, 201818700000004348000000
Tuesday, January 1, 201918440000004397000000
Wednesday, January 1, 202017485000004238000000
Friday, January 1, 202121108000004720000000
Saturday, January 1, 202221811000005849000000
Sunday, January 1, 202326198000006496000000
Monday, January 1, 202423779000006758000000
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Igniting the spark of knowledge

A Tale of Two Titans: W.W. Grainger, Inc. vs. Snap-on Incorporated

In the competitive landscape of industrial supply and tool manufacturing, W.W. Grainger, Inc. and Snap-on Incorporated have emerged as formidable players. Over the past decade, from 2014 to 2023, these companies have showcased remarkable growth in their gross profits, reflecting their strategic prowess and market adaptability.

A Decade of Growth

W.W. Grainger, Inc. has consistently outperformed Snap-on Incorporated, with its gross profit peaking at approximately 6.5 billion in 2023, marking a 50% increase from 2014. In contrast, Snap-on Incorporated has demonstrated a steady upward trajectory, achieving a 65% growth in the same period, culminating in a gross profit of around 2.6 billion in 2023.

Strategic Insights

This data underscores the resilience and strategic acumen of both companies in navigating economic fluctuations and market demands. As they continue to innovate and expand, their financial trajectories offer valuable insights into the industrial sector's evolving dynamics.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025