NYSE : GGG
Graco Inc. — Financial statements
Industrials · Specialty Industrial Machinery · United States
Last price 68.75 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 11.03B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Graco Inc. (GGG) reported revenue of 2.31B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 2.31B | 2.24B | 2.11B | 2.20B | 2.14B | 1.99B |
| Cost of Revenue | 1.11B | 1.06B | 990.86M | 1.03B | 1.09B | 953.66M |
| Gross Profit | 1.20B | 1.17B | 1.12B | 1.16B | 1.06B | 1.03B |
| Selling, General & Admin | 493.61M | 475.15M | 468.13M | 476.16M | 405.73M | 434.98M |
| Research & Development | 82.33M | 82.30M | 87.23M | 82.82M | 80.01M | 79.65M |
| Operating Expenses | 575.94M | 557.45M | 555.36M | 558.98M | 485.74M | 514.63M |
| Operating Income | 624.57M | 615.74M | 567.10M | 602.04M | 571.70M | 519.32M |
| Interest Expense | -3.28M | -2.89M | -2.83M | -5.19M | -9.90M | -10.21M |
| Other Non Operating Income (Expenses) | 20.70M | 14.30M | 25.01M | 11.15M | 3.92M | -643.00K |
| EBT Excluding Unusual Items | 641.99M | 627.14M | 589.28M | 608.00M | 565.72M | 508.46M |
| Impairment of Goodwill | -7.80M | |||||
| Other Unusual Items | 14.06M | 8.60M | ||||
| Pretax Income | 636.99M | 641.20M | 589.28M | 608.80M | 565.72M | 508.46M |
| Income Tax Expense | 119.51M | 119.36M | 103.20M | 102.29M | 105.08M | 68.60M |
| Net Income | 517.48M | 521.84M | 486.08M | 506.51M | 460.64M | 439.87M |
| Net Income to Common | 517.48M | 521.84M | 486.08M | 506.51M | 460.64M | 439.87M |
| Shares Outstanding (Basic) | 163.97M | 166.38M | 168.88M | 168.44M | 168.95M | 169.63M |
| Shares Outstanding (Diluted) | 166.30M | 169.22M | 172.41M | 172.20M | 172.89M | 174.53M |
| EPS (Basic) | 3.16 | 3.14 | 2.88 | 3.01 | 2.73 | 2.59 |
| EPS (Diluted) | 3.10 | 3.08 | 2.82 | 2.94 | 2.66 | 2.52 |
| Free Cash Flow | 600.10M | 637.92M | 514.96M | 466.24M | 176.23M | 323.33M |
| Free Cash Flow Per Share | 3.61 | 3.77 | 2.99 | 2.71 | 1.02 | 1.85 |
| Dividend Per Share | 1.18 | 1.12 | 1.04 | 0.96 | 0.86 | 0.77 |
| Gross Margin | 51.96% | 52.45% | 53.11% | 52.88% | 49.33% | 52.02% |
| Operating Margin | 27.03% | 27.53% | 26.83% | 27.42% | 26.67% | 26.13% |
| Profit Margin | 22.40% | 23.33% | 23.00% | 23.07% | 21.49% | 22.13% |
| Free Cash Flow Margin | 25.98% | 28.52% | 24.37% | 21.23% | 8.22% | 16.27% |
| EBITDA | 733.88M | 723.17M | 653.85M | 676.36M | 637.70M | 578.65M |
| EBITDA Margin | 31.77% | 32.33% | 30.94% | 30.80% | 29.75% | 29.11% |
| D&A For EBITDA | 109.32M | 107.43M | 86.75M | 74.32M | 66.00M | 59.33M |
| EBIT | 624.57M | 615.74M | 567.10M | 602.04M | 571.70M | 519.32M |
| EBIT Margin | 27.03% | 27.53% | 26.83% | 27.42% | 26.67% | 26.13% |
| Effective Tax Rate | 18.76% | 18.62% | 17.51% | 16.80% | 18.57% | 13.49% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 139.82M | 624.08M | 675.34M | 537.95M | 339.20M | 624.30M |
| Cash & Short-Term Investments | 139.82M | 624.08M | 675.34M | 537.95M | 339.20M | 624.30M |
| Accounts Receivable | 428.14M | 375.75M | 347.53M | 343.44M | 334.01M | 315.13M |
| Other Receivables | 18.00M | 18.00M | 15.00M | 11.00M | 12.00M | 10.00M |
| Receivables | 446.14M | 393.75M | 362.53M | 354.44M | 346.01M | 325.13M |
| Inventory | 463.83M | 401.14M | 404.68M | 438.35M | 476.79M | 382.30M |
| Prepaid Expenses | 31.41M | 29.80M | 20.52M | 24.92M | 21.40M | |
| Other Current Assets | 63.81M | 21.50M | 25.10M | 14.55M | 18.70M | 10.48M |
| Total Current Assets | 1.11B | 1.47B | 1.50B | 1.37B | 1.21B | 1.36B |
| Property, Plant & Equipment | 799.27M | 781.14M | 791.33M | 760.48M | 637.39M | 481.11M |
| Long-Term Investments | 10.78M | 10.14M | 9.66M | 8.77M | 7.54M | |
| Goodwill | 793.76M | 585.30M | 487.47M | 370.23M | 368.17M | 356.25M |
| Other Intangible Assets | 434.29M | 307.64M | 236.16M | 128.86M | 139.70M | 152.13M |
| Long-Term Deferred Tax Assets | 21.75M | 35.98M | 46.91M | 61.38M | 57.09M | 55.79M |
| Other Long-Term Assets | 100.36M | 81.56M | 69.76M | 25.59M | 22.16M | 26.75M |
| Total Assets | 3.26B | 3.27B | 3.14B | 2.72B | 2.44B | 2.44B |
| Accounts Payable | 138.08M | 78.57M | 60.82M | 72.21M | 84.22M | 78.43M |
| Accrued Expenses | 101.87M | 111.17M | 100.58M | 108.04M | 103.88M | 122.85M |
| Short-Term Debt | 29.98M | 23.07M | 28.54M | 30.04M | 20.97M | 43.49M |
| Current Portion of Long-Term Debt | 677.00K | 1.62M | 75.00M | |||
| Current Portion of Leases | 9.13M | 8.77M | 7.84M | 8.24M | 9.55M | 9.10M |
| Current Income Taxes Payable | 13.19M | 15.49M | 8.10M | 9.84M | 15.99M | 5.20M |
| Other Current Liabilities | 231.13M | 228.56M | 199.94M | 166.83M | 165.30M | 172.72M |
| Total Current Liabilities | 524.06M | 467.26M | 405.81M | 395.20M | 399.92M | 506.79M |
| Long-Term Debt | 103.80M | 75.00M | 75.00M | |||
| Long-Term Leases | 21.09M | 18.13M | 12.28M | 11.79M | 21.06M | 23.53M |
| Pension & Post-Retirement Benefits | 82.50M | 73.34M | 68.93M | 72.10M | 59.34M | 98.74M |
| Long-Term Deferred Tax Liabilities | 48.09M | 36.71M | 37.82M | 8.21M | 9.44M | 10.66M |
| Other Long-Term Liabilities | 13.64M | 24.90M | 30.24M | 10.48M | 14.49M | 19.14M |
| Total Liabilities | 793.18M | 620.34M | 555.08M | 497.78M | 579.25M | 733.86M |
| Common Stock | 160.37M | 165.15M | 169.39M | 167.95M | 167.70M | 170.31M |
| Additional Paid-In Capital | 1.03B | 994.57M | 955.05M | 863.34M | 784.48M | 742.29M |
| Retained Earnings | 1.28B | 1.46B | 1.51B | 1.23B | 976.85M | 876.92M |
| Comprehensive Income & Other | 8.11M | 37.51M | -49.57M | -34.99M | -69.38M | -80.17M |
| Shareholders' Equity | 2.47B | 2.65B | 2.58B | 2.22B | 1.86B | 1.71B |
| Total Liabilities & Equity | 3.26B | 3.27B | 3.14B | 2.72B | 2.44B | 2.44B |
| Total Debt | 164.67M | 51.60M | 48.65M | 50.06M | 126.59M | 226.11M |
| Net Cash (Debt) | -24.86M | 572.49M | 626.68M | 487.89M | 212.61M | 398.19M |
| Net Cash Per Share | -0.15 | 3.38 | 3.63 | 2.83 | 1.23 | 2.28 |
| Filing Date Shares Outstanding | 160.38M | 165.34M | 169.49M | 168.18M | 167.78M | 170.35M |
| Total Common Shares Outstanding | 160.37M | 165.15M | 169.39M | 167.95M | 167.70M | 170.31M |
| Working Capital | 589.55M | 1.00B | 1.09B | 970.61M | 805.70M | 856.83M |
| Book Value Per Share | 15.40 | 16.07 | 15.26 | 13.24 | 11.09 | 10.04 |
| Tangible Book Value | 1.24B | 1.76B | 1.86B | 1.73B | 1.35B | 1.20B |
| Tangible Book Value Per Share | 7.74 | 10.66 | 10.98 | 10.27 | 8.06 | 7.05 |
| Land | 78.42M | 73.77M | 70.38M | 65.07M | 42.20M | |
| Buildings | 628.06M | 610.58M | 500.37M | 376.12M | 280.95M | |
| Machinery | 566.22M | 553.30M | 503.42M | 499.10M | 446.61M | |
| Construction In Progress | 29.62M | 25.20M | 132.61M | 126.20M | 105.52M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 517.48M | 521.84M | 486.08M | 506.51M | 460.64M | 439.87M |
| Depreciation & Amortization | 109.32M | 107.43M | 86.75M | 74.32M | 66.00M | 59.33M |
| Loss (Gain) From Sale of Assets | -4.74M | -1.22M | ||||
| Asset Writedown & Restructuring Costs | 7.80M | |||||
| Stock-Based Compensation | 33.39M | 34.33M | 31.89M | 30.23M | 24.70M | 24.93M |
| Other Operating Activities | 474.00K | -22.73M | 6.06M | 25.03M | -10.00M | -34.55M |
| Change in Accounts Receivable | -28.02M | -7.38M | 10.25M | -3.25M | -29.94M | -13.80M |
| Change in Inventory | 38.49M | 55.21M | 55.84M | 42.72M | -95.69M | -97.78M |
| Change in Accounts Payable | 19.70M | 7.71M | -13.30M | -12.35M | 4.20M | 12.40M |
| Change in Other Net Operating Assets | -31.06M | -8.08M | -40.66M | -19.99M | -42.51M | 66.51M |
| Operating Cash Flow | 659.77M | 683.59M | 621.70M | 651.02M | 377.39M | 456.90M |
| Capital Expenditures | -59.67M | -45.67M | -106.74M | -184.78M | -201.16M | -133.57M |
| Sale of Property, Plant & Equipment | 11.18M | 5.63M | ||||
| Cash Acquisitions | -501.47M | -135.26M | -241.77M | -25.30M | -19.39M | |
| Other Investing Activities | -1.40M | -3.05M | 59.00K | -499.00K | -362.00K | -347.00K |
| Investing Cash Flow | -562.54M | -172.80M | -342.81M | -185.27M | -226.82M | -153.30M |
| Short-Term Debt Issued | 9.72M | 20.50M | ||||
| Long-Term Debt Issued | 25.00K | |||||
| Total Debt Issued | 218.93M | 25.00K | 9.72M | 20.50M | ||
| Short-Term Debt Repaid | -6.59M | -766.00K | -18.25M | |||
| Long-Term Debt Repaid | -75.00M | -75.00M | -70.00K | |||
| Total Debt Repaid | -125.40M | -6.59M | -766.00K | -75.00M | -93.25M | -70.00K |
| Net Debt Issued (Repaid) | 93.53M | -6.56M | -766.00K | -65.28M | -93.25M | 20.43M |
| Issuance of Common Stock | 60.02M | 43.02M | 70.66M | 60.18M | 35.62M | 53.30M |
| Repurchase of Common Stock | -534.89M | -429.16M | -35.96M | -103.57M | -234.65M | -2.34M |
| Common Dividends Paid | -190.93M | -183.35M | -172.09M | -158.32M | -142.12M | -127.11M |
| Other Financing Activities | -1.71M | -1.02M | -1.42M | |||
| Financing Cash Flow | -572.27M | -576.05M | -139.86M | -268.01M | -434.40M | -57.14M |
| Foreign Exchange Rate Adjustments | -3.81M | 14.01M | -1.64M | 1.02M | -1.28M | -1.06M |
| Net Cash Flow | -478.84M | -51.25M | 137.38M | 198.75M | -285.11M | 245.39M |
| Free Cash Flow | 600.10M | 637.92M | 514.96M | 466.24M | 176.23M | 323.33M |
| Free Cash Flow Margin | 25.98% | 28.52% | 24.37% | 21.23% | 8.22% | 16.27% |
| Free Cash Flow Per Share | 3.61 | 3.77 | 2.99 | 2.71 | 1.02 | 1.85 |
| Levered Free Cash Flow | 428.72M | 517.79M | 382.84M | 318.91M | 103.73M | 265.63M |
| Unlevered Free Cash Flow | 430.77M | 519.60M | 384.60M | 322.15M | 109.92M | 272.02M |
| Cash Interest Paid | 3.00M | 3.00M | 3.00M | 6.00M | 10.00M | 9.80M |
| Cash Income Tax Paid | 111.29M | 111.29M | 104.23M | 111.29M | 112.00M | 111.80M |
| Change in Working Capital | -896.00K | 47.46M | 12.13M | 7.13M | -163.95M | -32.67M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 11.11B | 13.83B | 14.21B | 14.64B | 11.34B | 13.70B |
| Enterprise Value | 11.14B | 13.27B | 13.49B | 14.18B | 11.07B | 13.34B |
| Last Close Price | 67.44 | 82.21 | 81.86 | 83.41 | 63.86 | 75.55 |
| PE Ratio | 22.35 | 26.50 | 29.23 | 28.91 | 24.61 | 31.15 |
| Forward PE | 19.72 | 26.79 | 27.92 | 27.91 | 24.72 | 31.00 |
| PS Ratio | 4.82 | 6.18 | 6.72 | 6.67 | 5.29 | 6.89 |
| PB Ratio | 4.38 | 5.21 | 5.50 | 6.58 | 6.09 | 8.02 |
| P/TBV Ratio | 8.97 | 7.85 | 7.64 | 8.49 | 8.38 | 11.41 |
| P/FCF Ratio | 18.56 | 21.68 | 27.59 | 31.41 | 64.32 | 42.38 |
| P/OCF Ratio | 16.88 | 20.23 | 22.85 | 22.49 | 30.04 | 29.99 |
| PEG Ratio | 1.97 | 2.68 | 2.79 | 2.38 | 2.22 | 2.88 |
| EV/Sales Ratio | 4.83 | 5.93 | 6.38 | 6.46 | 5.16 | 6.71 |
| EV/EBITDA Ratio | 15.21 | 18.35 | 20.63 | 20.96 | 17.36 | 23.05 |
| EV/EBIT Ratio | 17.87 | 21.55 | 23.79 | 23.55 | 19.36 | 25.68 |
| EV/FCF Ratio | 18.60 | 20.80 | 26.20 | 30.40 | 62.81 | 41.26 |
| Debt / Equity Ratio | 0.07 | 0.02 | 0.02 | 0.02 | 0.07 | 0.13 |
| Debt / EBITDA Ratio | 0.22 | 0.07 | 0.07 | 0.07 | 0.19 | 0.38 |
| Debt / FCF Ratio | 0.27 | 0.08 | 0.09 | 0.11 | 0.72 | 0.70 |
| Net Debt / Equity Ratio | 0.01 | -0.22 | -0.24 | -0.22 | -0.11 | -0.23 |
| Net Debt / EBITDA Ratio | 0.03 | -0.79 | -0.96 | -0.72 | -0.33 | -0.69 |
| Net Debt / FCF Ratio | 0.04 | -0.90 | -1.22 | -1.05 | -1.21 | -1.23 |
| Asset Turnover | 0.71 | 0.70 | 0.72 | 0.85 | 0.88 | 0.90 |
| Inventory Turnover | 2.49 | 2.64 | 2.35 | 2.26 | 2.53 | 2.85 |
| Quick Ratio | 1.12 | 2.18 | 2.56 | 2.26 | 1.71 | 1.87 |
| Current Ratio | 2.12 | 3.15 | 3.69 | 3.46 | 3.02 | 2.69 |
| Return on Equity (ROE) | 20.38% | 19.93% | 20.22% | 24.80% | 25.81% | 29.39% |
| Return on Assets (ROA) | 12.02% | 12.00% | 12.09% | 14.58% | 14.64% | 14.65% |
| Return on Invested Capital (ROIC) | 22.24% | 24.82% | 25.33% | 29.61% | 31.47% | 37.00% |
| Return on Capital Employed (ROCE) | 22.80% | 21.90% | 20.70% | 25.90% | 28.00% | 26.80% |
| Earnings Yield | 4.47% | 3.77% | 3.42% | 3.46% | 4.06% | 3.21% |
| FCF Yield | 5.39% | 4.61% | 3.62% | 3.18% | 1.55% | 2.36% |
| Dividend Yield | 1.70% | 1.34% | 1.24% | 1.10% | 1.28% | 0.96% |
| Payout Ratio | 38.06% | 35.14% | 35.40% | 31.26% | 30.85% | 28.90% |
| Buyback Yield / Dilution | 2.37% | 1.85% | -0.12% | 0.40% | 0.94% | -1.46% |
| Total Shareholder Return | 4.07% | 3.19% | 1.12% | 1.50% | 2.22% | -0.50% |