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Side-by-side financial comparison of W. W. Grainger (GWW) and MGM Resorts (MGM). Click either name above to swap in a different company.

MGM Resorts is the larger business by last-quarter revenue ($4.6B vs $4.4B, roughly 1.0× W. W. Grainger). W. W. Grainger runs the higher net margin — 10.2% vs 6.4%, a 3.8% gap on every dollar of revenue. On growth, MGM Resorts posted the faster year-over-year revenue change (6.0% vs 4.5%). MGM Resorts produced more free cash flow last quarter ($358.5M vs $269.0M). Over the past eight quarters, MGM Resorts's revenue compounded faster (2.5% CAGR vs 2.2%).

W. W. Grainger, Inc. is an American Fortune 500 industrial supply company founded in 1927 in Chicago by the company's namesake William W. (Bill) Grainger. He founded the company to provide consumers with access to a consistent supply of motors. The company now serves more than 4.5 million customers worldwide with offerings such as motors, lighting, material handling, fasteners, plumbing, tools, and safety supplies, along with inventory management services and technical support.

MGM Resorts International is an American multinational hospitality, sports and entertainment company. It operates resorts in Las Vegas, Massachusetts, Michigan, Mississippi, Maryland, Ohio, New Jersey, Macau, Shanghai, Chengdu, Hangzhou and Sanya, including the Bellagio, Mandalay Bay, MGM Grand and Park MGM.

GWW vs MGM — Head-to-Head

Bigger by revenue
MGM
MGM
1.0× larger
MGM
$4.6B
$4.4B
GWW
Growing faster (revenue YoY)
MGM
MGM
+1.4% gap
MGM
6.0%
4.5%
GWW
Higher net margin
GWW
GWW
3.8% more per $
GWW
10.2%
6.4%
MGM
More free cash flow
MGM
MGM
$89.5M more FCF
MGM
$358.5M
$269.0M
GWW
Faster 2-yr revenue CAGR
MGM
MGM
Annualised
MGM
2.5%
2.2%
GWW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GWW
GWW
MGM
MGM
Revenue
$4.4B
$4.6B
Net Profit
$451.0M
$293.6M
Gross Margin
39.5%
Operating Margin
14.3%
7.1%
Net Margin
10.2%
6.4%
Revenue YoY
4.5%
6.0%
Net Profit YoY
-5.1%
86.5%
EPS (diluted)
$9.45
$1.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GWW
GWW
MGM
MGM
Q4 25
$4.4B
$4.6B
Q3 25
$4.7B
$4.3B
Q2 25
$4.6B
$4.4B
Q1 25
$4.3B
$4.3B
Q4 24
$4.2B
$4.3B
Q3 24
$4.4B
$4.2B
Q2 24
$4.3B
$4.3B
Q1 24
$4.2B
$4.4B
Net Profit
GWW
GWW
MGM
MGM
Q4 25
$451.0M
$293.6M
Q3 25
$294.0M
$-285.3M
Q2 25
$482.0M
$49.0M
Q1 25
$479.0M
$148.6M
Q4 24
$475.0M
$157.4M
Q3 24
$486.0M
$184.6M
Q2 24
$470.0M
$187.1M
Q1 24
$478.0M
$217.5M
Gross Margin
GWW
GWW
MGM
MGM
Q4 25
39.5%
Q3 25
38.6%
Q2 25
38.5%
Q1 25
39.7%
Q4 24
39.6%
Q3 24
39.2%
Q2 24
39.3%
Q1 24
39.4%
Operating Margin
GWW
GWW
MGM
MGM
Q4 25
14.3%
7.1%
Q3 25
11.0%
-2.7%
Q2 25
14.9%
9.2%
Q1 25
15.6%
9.0%
Q4 24
15.0%
6.7%
Q3 24
15.6%
7.5%
Q2 24
15.1%
9.8%
Q1 24
15.8%
10.5%
Net Margin
GWW
GWW
MGM
MGM
Q4 25
10.2%
6.4%
Q3 25
6.3%
-6.7%
Q2 25
10.6%
1.1%
Q1 25
11.1%
3.5%
Q4 24
11.2%
3.6%
Q3 24
11.1%
4.4%
Q2 24
10.9%
4.3%
Q1 24
11.3%
5.0%
EPS (diluted)
GWW
GWW
MGM
MGM
Q4 25
$9.45
$1.12
Q3 25
$6.12
$-1.05
Q2 25
$9.97
$0.18
Q1 25
$9.86
$0.51
Q4 24
$9.71
$0.52
Q3 24
$9.87
$0.61
Q2 24
$9.51
$0.60
Q1 24
$9.62
$0.67

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GWW
GWW
MGM
MGM
Cash + ST InvestmentsLiquidity on hand
$585.0M
$2.1B
Total DebtLower is stronger
$2.5B
$6.2B
Stockholders' EquityBook value
$3.7B
$2.4B
Total Assets
$9.0B
$41.4B
Debt / EquityLower = less leverage
0.67×
2.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GWW
GWW
MGM
MGM
Q4 25
$585.0M
$2.1B
Q3 25
$535.0M
$2.1B
Q2 25
$597.0M
$2.0B
Q1 25
$666.0M
$2.3B
Q4 24
$1.0B
$2.4B
Q3 24
$1.4B
$3.0B
Q2 24
$769.0M
$2.4B
Q1 24
$804.0M
$2.7B
Total Debt
GWW
GWW
MGM
MGM
Q4 25
$2.5B
$6.2B
Q3 25
$2.4B
$6.2B
Q2 25
$2.3B
$6.2B
Q1 25
$2.3B
$6.4B
Q4 24
$2.8B
$6.4B
Q3 24
$2.3B
$6.9B
Q2 24
$1.8B
$6.3B
Q1 24
$1.8B
$6.3B
Stockholders' Equity
GWW
GWW
MGM
MGM
Q4 25
$3.7B
$2.4B
Q3 25
$3.6B
$2.7B
Q2 25
$3.7B
$3.0B
Q1 25
$3.5B
$2.9B
Q4 24
$3.4B
$3.0B
Q3 24
$3.5B
$3.2B
Q2 24
$3.3B
$3.2B
Q1 24
$3.2B
$3.5B
Total Assets
GWW
GWW
MGM
MGM
Q4 25
$9.0B
$41.4B
Q3 25
$8.8B
$41.4B
Q2 25
$8.9B
$41.7B
Q1 25
$8.7B
$41.9B
Q4 24
$8.8B
$42.2B
Q3 24
$9.1B
$42.7B
Q2 24
$8.4B
$41.8B
Q1 24
$8.4B
$42.1B
Debt / Equity
GWW
GWW
MGM
MGM
Q4 25
0.67×
2.56×
Q3 25
0.67×
2.30×
Q2 25
0.64×
2.09×
Q1 25
0.66×
2.25×
Q4 24
0.83×
2.10×
Q3 24
0.65×
2.14×
Q2 24
0.54×
1.96×
Q1 24
0.56×
1.81×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GWW
GWW
MGM
MGM
Operating Cash FlowLast quarter
$395.0M
$655.0M
Free Cash FlowOCF − Capex
$269.0M
$358.5M
FCF MarginFCF / Revenue
6.1%
7.8%
Capex IntensityCapex / Revenue
2.8%
6.4%
Cash ConversionOCF / Net Profit
0.88×
2.23×
TTM Free Cash FlowTrailing 4 quarters
$1.3B
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GWW
GWW
MGM
MGM
Q4 25
$395.0M
$655.0M
Q3 25
$597.0M
$681.4M
Q2 25
$377.0M
$645.9M
Q1 25
$646.0M
$547.1M
Q4 24
$428.0M
$671.6M
Q3 24
$611.0M
$667.4M
Q2 24
$411.0M
$474.2M
Q1 24
$661.0M
$549.3M
Free Cash Flow
GWW
GWW
MGM
MGM
Q4 25
$269.0M
$358.5M
Q3 25
$339.0M
$405.4M
Q2 25
$202.0M
$377.4M
Q1 25
$521.0M
$319.0M
Q4 24
$170.0M
$267.5M
Q3 24
$523.0M
$331.2M
Q2 24
$335.0M
$236.0M
Q1 24
$542.0M
$377.2M
FCF Margin
GWW
GWW
MGM
MGM
Q4 25
6.1%
7.8%
Q3 25
7.3%
9.5%
Q2 25
4.4%
8.6%
Q1 25
12.1%
7.5%
Q4 24
4.0%
6.2%
Q3 24
11.9%
7.9%
Q2 24
7.8%
5.5%
Q1 24
12.8%
8.6%
Capex Intensity
GWW
GWW
MGM
MGM
Q4 25
2.8%
6.4%
Q3 25
5.5%
6.5%
Q2 25
3.8%
6.1%
Q1 25
2.9%
5.3%
Q4 24
6.1%
9.3%
Q3 24
2.0%
8.0%
Q2 24
1.8%
5.5%
Q1 24
2.8%
3.9%
Cash Conversion
GWW
GWW
MGM
MGM
Q4 25
0.88×
2.23×
Q3 25
2.03×
Q2 25
0.78×
13.19×
Q1 25
1.35×
3.68×
Q4 24
0.90×
4.27×
Q3 24
1.26×
3.62×
Q2 24
0.87×
2.54×
Q1 24
1.38×
2.53×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GWW
GWW

Segment breakdown not available.

MGM
MGM

Casino$2.6B56%
Occupancy$858.4M19%
Food And Beverage$749.0M16%
Entertainment Retail And Other$423.0M9%

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