W.W. Grainger, Inc. vs Paychex, Inc.: A Gross Profit Performance Breakdown

Gross Profit Growth: Paychex vs. Grainger, 2014-2023

__timestampPaychex, Inc.W.W. Grainger, Inc.
Wednesday, January 1, 201417864000004314242000
Thursday, January 1, 201519316000004231428000
Friday, January 1, 201620948000004114557000
Sunday, January 1, 201722317000004097557000
Monday, January 1, 201823631000004348000000
Tuesday, January 1, 201925947000004397000000
Wednesday, January 1, 202027597000004238000000
Friday, January 1, 202127856000004720000000
Saturday, January 1, 202232554000005849000000
Sunday, January 1, 202335541000006496000000
Monday, January 1, 202437990000006758000000
Loading chart...

Data in motion

A Tale of Two Giants: Gross Profit Trends from 2014 to 2023

In the competitive landscape of American business, W.W. Grainger, Inc. and Paychex, Inc. have emerged as leaders in their respective industries. Over the past decade, these companies have demonstrated remarkable growth in gross profit, reflecting their strategic prowess and market adaptability.

From 2014 to 2023, Paychex, Inc. has seen its gross profit soar by nearly 113%, starting at approximately $1.8 billion and reaching an impressive $3.8 billion. This growth underscores Paychex's robust expansion in the payroll and human resources services sector.

Meanwhile, W.W. Grainger, Inc., a stalwart in the industrial supply chain, has experienced a 50% increase in gross profit, climbing from $4.3 billion to $6.5 billion by 2023. This trajectory highlights Grainger's resilience and innovation in a challenging market.

While 2024 data for Grainger remains elusive, the trends thus far paint a vivid picture of two companies thriving in their domains.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025