W.W. Grainger, Inc. (GWW) vs Manhattan Associates, Inc. (MANH)

A side-by-side comparison of W.W. Grainger, Inc. and Manhattan Associates, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: GWW is classified in Industrials; MANH is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnGWW vs MANH

growth of $100 · dividends reinvested · last 10y
GWW +542.1% (+20.4%/yr)MANH +249.4% (+13.3%/yr)GWW compounded faster over this window
200400600Start $10020182020202220242026$642$349
GWW MANH

GWW vs MANH: by the numbers

  • GWW is the larger company ($60.43B vs $11.77B market cap).
  • GWW trades at the lower trailing earnings multiple (32.66 vs 57.83 P/E), one valuation lens rather than an overall verdict.
  • MANH converts more revenue to profit (18.67% vs 9.92% net margin).
  • MANH grew revenue faster over the past five years (12.69% vs 9.00% CAGR).
  • GWW pays a dividend (0.75% yield), while MANH has no payments in the available dividend history.

Metrics side by side

Valuation

MetricGWWMANH
P/E ratio32.6657.83
Forward P/E27.5236.71
P/S ratio3.2110.45
P/B ratio14.6374.71
EV / EBITDA20.8741.45
FCF yield2.50%3.39%

Profitability

MetricGWWMANH
Gross margin39.40%54.65%
Operating margin14.57%24.33%
Net margin9.92%18.67%
ROE45.27%133.48%
ROIC27.07%90.92%

Dividends

MetricGWWMANH
Dividend yield0.75%N/A
Payout ratio24.24%N/A

Growth (annualized)

MetricGWWMANH
Revenue CAGR (5Y)9.00%12.69%
EPS CAGR (5Y)22.25%21.59%
FCF CAGR (5Y)9.51%19.51%
Total return CAGR (5Y)26.33%4.78%

Frequently asked

Which has the lower trailing P/E, GWW or MANH?
GWW has the lower trailing P/E: GWW trades at 32.66 and MANH at 57.83. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, GWW or MANH?
Over the past five years, MANH grew revenue faster — GWW at a 9.00% CAGR versus MANH at 12.69%.
Does GWW or MANH pay a bigger dividend?
GWW pays a dividend (0.75% yield), while MANH has no payments in the available dividend history.
Is GWW or MANH more profitable?
MANH runs the higher net margin — GWW at 9.92% versus MANH at 18.67%.
How have GWW and MANH total returns compared?
Over the past 10 years, GWW delivered 20.81% and MANH delivered 13.30% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 11, 2026.