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.
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.
GWW
W.W. Grainger, Inc.
$1,280.00IndustrialsDelayed quote: Sep 11, 2026, 4:00 PM EDT
MANH
Manhattan Associates, Inc.
$201.82TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — GWW vs MANH
growth of $100 · dividends reinvested · last 10yGWW +542.1% (+20.4%/yr)MANH +249.4% (+13.3%/yr)GWW compounded faster over this window
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
| Metric | GWW | MANH |
|---|---|---|
| P/E ratio | 32.66 | 57.83 |
| Forward P/E | 27.52 | 36.71 |
| P/S ratio | 3.21 | 10.45 |
| P/B ratio | 14.63 | 74.71 |
| EV / EBITDA | 20.87 | 41.45 |
| FCF yield | 2.50% | 3.39% |
Profitability
| Metric | GWW | MANH |
|---|---|---|
| Gross margin | 39.40% | 54.65% |
| Operating margin | 14.57% | 24.33% |
| Net margin | 9.92% | 18.67% |
| ROE | 45.27% | 133.48% |
| ROIC | 27.07% | 90.92% |
Dividends
| Metric | GWW | MANH |
|---|---|---|
| Dividend yield | 0.75% | N/A |
| Payout ratio | 24.24% | N/A |
Growth (annualized)
| Metric | GWW | MANH |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
W.W. Grainger P/E ratioManhattan Associates P/E ratioW.W. Grainger dividend yieldW.W. Grainger ROEManhattan Associates ROEW.W. Grainger operating marginManhattan Associates operating marginW.W. Grainger revenue growthManhattan Associates revenue growthW.W. Grainger free cash flowManhattan Associates free cash flow
W.W. Grainger & Manhattan Associates appear in these rankings
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.