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Grand final: 4.7 (31) d Fitzroy 3.11 (29) · M.C.G.
| # | Club | W–L–D | P | W | L | D | % | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1 | CollingwoodCollingwood | 15–2–0 | 17 | 15 | 2 | 0 | 159.4 | 60 | |
| 2 | FitzroyFitzroy | 14–3–0 | 17 | 14 | 3 | 0 | 171.6 | 56 | |
| 3 | CarltonCarlton | 11–6–0 | 17 | 11 | 6 | 0 | 136.0 | 44 | |
| 4 | Geelong CatsGeelong | 9–8–0 | 17 | 9 | 8 | 0 | 120.7 | 36 | |
| 5 | St KildaSt Kilda | 7–9–1 | 17 | 7 | 9 | 1 | 76.4 | 30 | |
| 6 | EssendonEssendon | 6–10–1 | 17 | 6 | 10 | 1 | 78.6 | 26 | |
| 7 | MelbourneMelbourne | 3–14–0 | 17 | 3 | 14 | 0 | 64.1 | 12 | |
| 8 | South MelbourneSouth Melbourne | 2–15–0 | 17 | 2 | 15 | 0 | 54.9 | 8 |
Collingwood won the 1903 premiership, beating Fitzroy in the grand final, 4.7 (31) to 3.11 (29) at M.C.G..
Collingwood were minor premiers with 15 wins from 17 games.
South Melbourne finished last with 2 wins.
Results before 2001 come from Squiggle (squiggle.com.au); match files with player stats start in 2001.