Graco Inc. (GGG) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$0.81	$0.91	+12.3%	—	—	—
Q4 26	$0.74	$0.66	-10.8%	—	—	—
Q3 26	$0.76	$0.77	+1.3%	—	—	—
Q2 26	$0.74	$0.73	-1.4%	—	—	—
Q1 26	$0.79	$0.75	-5.1%	—	—	—
Q4 25	$0.67	$0.7	+4.5%	—	—	—
Q3 25	$0.76	$0.64	-15.8%	—	—	—
Q2 25	$0.75	$0.71	-5.3%	—	—	—
Q1 25	$0.76	$0.77	+1.3%	—	—	—
Q4 24	$0.74	$0.65	-12.2%	—	—	—
Q3 24	$0.79	$0.8	+1.3%	—	—	—
Q2 24	$0.73	$0.76	+4.1%	—	—	—
Q1 24	$0.8	$0.75	-6.3%	—	—	—
Q4 23	$0.62	$0.74	+19.4%	—	—	—
Q3 23	$0.69	$0.73	+5.8%	—	—	—
Q2 23	$0.64	$0.66	+3.1%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$3.14	—	—	$2.2B	—
FY24	—	$2.88	—	—	$2.1B	—
FY23	—	$3.01	—	—	$2.2B	—
FY22	—	$2.73	—	—	$2.1B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.3B	$1.5B	$1.7B	$1.6B	$1.7B	$2B	$2.1B	$2.2B	$2.1B	$2.2B
YoY change	+3.33%	+10.9%	+12.1%	-0.44%	+0.25%	+20.5%	+7.84%	+2.43%	-3.75%	+5.83%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.3B	1.5B	1.7B	1.6B	1.7B	2B	2.1B	2.2B	2.1B	2.2B
Cost of revenue	618.4M	679.5M	770.8M	786.3M	795.2M	953.7M	1.1B	1B	990.9M	1.1B
Gross profit	710.9M	795.2M	882.5M	859.8M	854.9M	1B	1.1B	1.2B	1.1B	1.2B
Gross margin	53.5%	53.9%	53.4%	52.2%	51.8%	52%	49.3%	52.9%	53.1%	52.5%
Research & development	59.6M	59.2M	63.1M	67.6M	72.2M	79.7M	80M	82.8M	87.2M	82.3M
Selling, general & administrative	338.1M	357.2M	383M	367.7M	355.8M	423M	404.7M	432.2M	465.1M	480.1M
Operating expenses	397.7M	416.5M	446.1M	435.3M	428M	502.6M	484.7M	515M	552.4M	562.4M
Operating income	313.2M	378.7M	436.4M	424.5M	426.9M	531.3M	572.7M	646M	570.1M	610.7M
Operating margin	23.6%	25.7%	26.4%	25.8%	25.9%	26.7%	26.7%	29.4%	27%	27.3%
Non-operating income, net	-198.9M	-15.4M	-11.3M	-5.5M	-41M	-12.6M	2.9M	-32M	22M	33.4M
Pretax income	96.7M	347.1M	410.8M	405.9M	374.7M	508.5M	565.7M	608.8M	589.3M	641.2M
Income tax	56M	94.7M	69.7M	62M	44.2M	68.6M	105.1M	102.3M	103.2M	119.4M
Net income	40.7M	252.4M	341.1M	343.9M	330.5M	439.9M	460.6M	506.5M	486.1M	521.8M
Net margin	3.06%	17.1%	20.6%	20.9%	20%	22.1%	21.5%	23.1%	23%	23.3%
EBITDA	354.6M	408.9M	472.9M	467.9M	476.5M	578M	641.6M	687.5M	678.9M	737.5M
EPS	0.24	1.5	2.04	2.06	1.97	2.59	2.73	3.01	2.88	3.14
Diluted EPS	0.24	1.45	1.97	2	1.92	2.52	2.66	2.94	2.82	3.08

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	—	—	—	—	—	—	—	—	543.4M	593.2M	540.1M	590.6M
Cost of revenue	—	—	—	—	—	—	—	—	254.1M	286.5M	259.5M	273.6M
Gross profit	—	—	—	—	—	—	—	—	289.2M	306.7M	280.6M	316.9M
Gross margin	—	—	—	—	—	—	—	—	53.2%	51.7%	52%	53.7%
Research & development	—	—	—	—	—	—	—	—	20.3M	21.9M	20M	19.8M
Selling, general & administrative	—	—	—	—	—	—	—	—	118.3M	126.2M	122.9M	122M
Operating expenses	—	—	—	—	—	—	—	—	138.6M	148.1M	142.9M	141.9M
Operating income	—	—	—	—	—	—	—	—	150.7M	158.6M	137.8M	175.1M
Operating margin	—	—	—	—	—	—	—	—	27.7%	26.7%	25.5%	29.6%
Non-operating income, net	—	—	—	—	—	—	—	—	18.5M	5.3M	3.1M	7.2M
Pretax income	—	—	—	—	—	—	—	—	168.5M	163.1M	140.1M	181.5M
Income tax	—	—	—	—	—	—	—	—	30.8M	30.6M	21.6M	36.5M
Net income	—	—	—	—	—	—	—	—	137.6M	132.5M	118.5M	144.9M
Net margin	—	—	—	—	—	—	—	—	25.3%	22.3%	21.9%	24.5%
EBITDA	—	—	—	—	—	—	—	—	179M	195.6M	169.5M	205.3M
EPS	0.79	0.65	0.73	0.79	0.72	0.64	0.74	0.77	0.83	0.8	0.72	0.89
Diluted EPS	0.77	0.64	0.71	0.77	0.71	0.63	0.72	0.76	0.82	0.79	0.7	0.87

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	4.6B	7.6B	7B	8.7B	12.1B	13.7B	11.4B	14.6B	14.2B	13.6B	12.7B
Enterprise value	4.9B	7.7B	7.1B	8.6B	11.9B	13.3B	11.2B	14.1B	13.6B	13.1B	12.2B
Shares outstanding	166.9M	167.9M	167.4M	166.5M	167.5M	169.6M	169M	168.4M	168.9M	166.4M	166.4M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	113.6	30.1	20.5	25.2	36.7	31.1	24.7	28.9	29.3	26.1	24.5
P/S	3.48	5.15	4.24	5.26	7.34	6.88	5.3	6.66	6.74	6.1	5.56
P/B	8.05	10.5	9.32	8.45	9.44	8	6.11	6.57	5.51	5.14	5
EV/EBITDA	13.8	18.9	15.1	18.5	25.1	23	17.4	20.5	20	17.7	16.5
EV/Sales	3.67	5.24	4.32	5.25	7.24	6.68	5.2	6.43	6.44	5.84	5.36
Earnings yield	0.88%	3.32%	4.87%	3.97%	2.73%	3.22%	4.05%	3.47%	3.41%	3.83%	4.08%
FCF yield	5.06%	3.92%	4.48%	3.36%	2.66%	2.36%	1.55%	3.19%	3.62%	4.68%	4.23%
PEG	—	—	—	—	—	—	—	—	—	—	1.57

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	53.5%	53.9%	53.4%	52.2%	51.8%	52%	49.3%	52.9%	53.1%	52.5%	53.7%
Operating margin	23.6%	25.7%	26.4%	25.8%	25.9%	26.7%	26.7%	29.4%	27%	27.3%	29.7%
Net margin	3.06%	17.1%	20.6%	20.9%	20%	22.1%	21.5%	23.1%	23%	23.3%	23.5%
ROE	7.09%	34.9%	45.4%	33.5%	25.7%	25.7%	24.8%	22.8%	18.8%	19.7%	21.2%
ROA	3.27%	18.2%	23.2%	20.3%	16.6%	18%	18.9%	18.6%	15.5%	15.9%	12.7%
ROIC	15.8%	32.3%	40.4%	35.7%	33.7%	35.1%	28.3%	31%	24%	23.9%	24.6%
Return on tangible assets	11.2%	54.5%	62.4%	46.1%	34.2%	30.8%	32.4%	29.4%	28.7%	35.1%	37.8%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.83	2.62	2.41	2.77	3.19	2.69	3.01	3.46	3.69	3.15	2.99
Quick ratio	1.7	1.64	1.47	1.82	2.3	1.94	1.82	2.35	2.69	2.29	2.14
Debt / equity	0.55	0.32	0.37	0.2	0.17	0.13	0.07	0.02	0.02	0.02	0.02
Debt / assets	0.25	0.17	0.19	0.12	0.11	0.09	0.05	0.02	0.02	0.02	0.02
Net debt / EBITDA	0.74	0.32	0.31	-0.04	-0.35	-0.69	-0.33	-0.71	-0.92	-0.78	-0.61
Interest coverage	6.49	22.4	29.6	32	34.2	50.8	58.2	118.3	209.4	222.6	205.3
Effective tax rate	57.9%	27.3%	17%	15.3%	11.8%	13.5%	18.6%	16.8%	17.5%	18.6%	18.3%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	7.97	8.78	9.88	9.89	9.85	11.7	12.7	13	12.5	13.4	13.7
EPS (basic)	0.24	1.5	2.04	2.06	1.97	2.59	2.73	3.01	2.88	3.14	3.14
EPS (diluted)	0.24	1.45	1.97	2	1.92	2.52	2.66	2.94	2.82	3.08	3.18
Book value per share	3.44	4.31	4.49	6.16	7.67	10.1	11	13.2	15.3	16	15.6
FCF per share	1.4	1.77	1.88	1.75	1.93	1.91	1.04	2.77	3.05	3.83	3.8
Cash per share	0.31	0.62	0.79	1.33	2.26	3.68	2.01	3.19	4	3.75	3.13
Capex per share	0.25	0.24	0.32	0.77	0.43	0.79	1.19	1.1	0.63	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	3.17%	2.73%	3.26%	7.77%	4.32%	6.72%	9.38%	8.42%	5.05%	—	—
Capex / operating cash flow	48.1%	13.8%	15%	28.8%	19.5%	36.6%	50.3%	30.4%	16.5%	—	—
Payout ratio	180.5%	31.9%	26.1%	31%	35.4%	28.9%	30.9%	31.3%	35.4%	35.1%	35.8%
Dividend yield	1.59%	1.06%	1.27%	1.23%	0.97%	0.93%	1.25%	1.08%	1.21%	1.34%	1.51%

Yield

1.51%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.295

ex-dividend Jul 20, 2026

Payout ratio

36%

of earnings

Dividend growth

15 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 20, 2026	$0.295
Apr 13, 2026	$0.295
Jan 16, 2026	$0.295

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	—	—	—	—	—	—	—	—	$543.4M	$593.2M	$540.1M	$590.6M
YoY change	—	—	—	—	—	—	—	—	—	—	—	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	52.4M	103.7M	132.1M	221M	378.9M	624.3M	339.2M	538M	675.3M	624.1M
Receivables	218.4M	266.1M	274.6M	267.3M	314.9M	325.1M	346M	354.4M	362.5M	393.8M
Inventory	201.6M	239.3M	284M	273.2M	285.7M	382.3M	476.8M	438.3M	404.7M	401.1M
Total current assets	503.4M	643.3M	723.2M	791.5M	1B	1.4B	1.2B	1.4B	1.5B	1.5B
Property, plant & equipment	57.3M	59.3M	71.9M	173.2M	111.1M	200.2M	261.3M	260.1M	180.8M	153.1M
Goodwill & intangibles	880M	927.3M	925.8M	946.5M	1B	1B	1B	998.2M	1.4B	1.8B
Total assets	1.2B	1.4B	1.5B	1.7B	2B	2.4B	2.4B	2.7B	3.1B	3.3B
Accounts payable	40M	48.7M	56.9M	54.1M	58.3M	78.4M	84.2M	72.2M	60.8M	78.6M
Short-term debt	8.9M	6.6M	11.1M	15.4M	33.4M	127.6M	30.5M	38.3M	36.4M	33.5M
Total current liabilities	178M	245.8M	299.8M	285.3M	321.4M	506.8M	399.9M	395.2M	405.8M	467.3M
Long-term debt	305.7M	226M	266.4M	188.5M	179.2M	98.5M	96.1M	11.8M	12.3M	18.1M
Total liabilities	669.3M	667.6M	720.9M	667.3M	704.2M	733.9M	579.2M	497.8M	555.1M	620.3M
Shareholders' equity	573.8M	723.1M	751.9M	1B	1.3B	1.7B	1.9B	2.2B	2.6B	2.7B
Total debt	314.6M	232.6M	277.5M	203.9M	212.6M	226.1M	126.6M	50.1M	48.7M	51.6M
Net debt	262.2M	129M	145.4M	-17.1M	-166.3M	-398.2M	-212.6M	-487.9M	-626.7M	-572.5M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	525.8M	538M	622.7M	666M	764.5M	675.3M	536.1M	534.9M	618.7M	624.1M	712.2M	507.6M
Receivables	352.5M	354.4M	311M	350.6M	355M	362.5M	372.7M	387.2M	373M	393.8M	390.4M	424.2M
Inventory	457.6M	438.3M	459.1M	457.6M	440.9M	404.7M	409.9M	403.2M	426.8M	401.1M	407.6M	393.7M
Total current assets	1.4B	1.4B	1.4B	1.5B	1.6B	1.5B	1.4B	1.4B	1.5B	1.5B	1.6B	1.4B
Property, plant & equipment	735.9M	260.1M	767.7M	784.3M	783M	180.8M	787.8M	785.1M	788M	153.1M	770.3M	771.3M
Goodwill & intangibles	971.1M	998.2M	962.4M	955M	982.9M	1.4B	1.5B	1.5B	1.7B	1.8B	1.7B	1.7B
Total assets	2.7B	2.7B	2.8B	2.9B	3B	3.1B	3B	3B	3.2B	3.3B	3.3B	3.1B
Accounts payable	75.2M	72.2M	76.8M	75.3M	61.8M	60.8M	77.8M	78.9M	81.1M	78.6M	84.8M	101.8M
Short-term debt	37.9M	38.3M	37.5M	37.3M	37.3M	36.4M	35.5M	36.4M	45.7M	33.5M	35.4M	36.2M
Total current liabilities	395.9M	395.2M	351.7M	362.3M	360.4M	405.8M	379.6M	388.6M	467.8M	467.3M	440.6M	459.4M
Long-term debt	19M	11.8M	9.5M	9.8M	9.5M	12.3M	14.9M	14.9M	17.4M	18.1M	17.5M	16M
Total liabilities	486.4M	497.8M	451.2M	461.4M	462.3M	555.1M	530.6M	545.1M	624M	620.3M	592.4M	607.8M
Shareholders' equity	2.2B	2.2B	2.3B	2.4B	2.5B	2.6B	2.5B	2.5B	2.6B	2.7B	2.7B	2.5B
Total debt	56.9M	50.1M	47M	47M	46.8M	48.7M	50.3M	51.4M	63.2M	51.6M	52.9M	52.2M
Net debt	-468.9M	-487.9M	-575.8M	-619M	-717.7M	-626.7M	-485.8M	-483.6M	-555.5M	-572.5M	-659.3M	-455.4M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	40.7M	252.4M	341.1M	343.9M	330.5M	439.9M	460.6M	506.5M	486.1M	521.8M
Depreciation & amortization	48.3M	45.6M	47.8M	48.9M	55.3M	59.3M	66M	74.3M	86.7M	107.4M
Stock-based compensation	21.1M	23.7M	25.6M	26.7M	25.2M	24.9M	24.7M	30.2M	31.9M	34.3M
Change in working capital	13M	-65M	-71.6M	31.3M	-56.5M	-113.1M	-141.3M	14.6M	34.3M	52.3M
Operating cash flow	87.5M	291.1M	358.1M	444.3M	365.2M	364.4M	400M	608.5M	645.1M	683.6M
Capital expenditure	-42.1M	-40.2M	-53.9M	-128M	-71.3M	-133.6M	-201.2M	-184.8M	-106.7M	—
Investing cash flow	-91.2M	-68.4M	-66.2M	-155.5M	-99M	-153.3M	-226.8M	-185.3M	-342.8M	-138.3M
Dividends paid	-73.4M	-80.5M	-88.8M	-106.4M	-117M	-127.1M	-142.1M	-158.3M	-172.1M	-183.4M
Share repurchases	-50.5M	-90.2M	-244.8M	-9.5M	-102.1M	0	-233.4M	-102.3M	-31.4M	-423.1M
Financing cash flow	-185.2M	-217.1M	-282.7M	-177.4M	-141.5M	-57.1M	-434.4M	-268M	-139.9M	-576.1M
Net change in cash	-188.9M	5.6M	9.2M	111.5M	124.7M	154M	-261.2M	155.2M	162.5M	-30.8M
Free cash flow	233.9M	297.7M	314.1M	290.8M	322.7M	323.3M	176.2M	466.2M	515M	637.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	133.1M	110M	122.2M	133M	122.2M	108.7M	124.1M	127.6M	137.6M	132.5M	118.5M	144.9M
Depreciation & amortization	18.1M	20.1M	19.5M	19.8M	22.7M	24.7M	24.7M	27.1M	23.9M	31.7M	28.6M	23M
Stock-based compensation	7M	4.8M	10.5M	9.6M	7.2M	4.6M	7.4M	9.2M	7.9M	9.8M	7.5M	8M
Change in working capital	33.3M	8.7M	7.9M	-28.1M	12M	41.4M	2M	22.8M	-1.2M	28.6M	-12M	-6.4M
Operating cash flow	198.8M	120.1M	166.2M	135.8M	171.1M	170.8M	161.4M	191M	179.2M	196.3M	120.2M	177.7M
Capital expenditure	-53.4M	-39.1M	-37.2M	-36.3M	-25M	-13.9M	152K	-19.5M	—	—	—	—
Investing cash flow	-53.1M	-39M	-31.6M	-36.3M	-27.3M	-247.6M	-10.5M	-20.2M	-61M	-66M	81K	-138K
Dividends paid	-39.7M	-39.6M	-42.9M	-43.1M	-43M	-43.1M	-46.6M	-45.6M	-45.6M	-45.6M	-48.8M	-48.9M
Share repurchases	-19.3M	-75.3M	0	-17.8M	-13.6M	0	-238.1M	-122.9M	0	-62.2M	-11.8M	-319.4M
Financing cash flow	-150.4M	-109.6M	-1.9M	-59M	-54.5M	-24.2M	-258.1M	-170.5M	-32.4M	-115.1M	-18.3M	-363.2M
Net change in cash	-4.8M	-28.5M	132.7M	40.6M	89.3M	-101M	-107.2M	294K	85.7M	15.3M	102M	-185.6M
Free cash flow	155.7M	120.5M	81.7M	102.7M	159.2M	171.3M	114.8M	163.1M	175.7M	184.3M	108.1M	161.3M

Date	Ratio
Dec 28, 2017	3:1
Mar 31, 2004	3:2
Jun 7, 2002	3:2
Feb 7, 2001	3:2
Feb 5, 1998	3:2
Feb 8, 1996	3:2
Feb 3, 1994	3:2
Aug 4, 1988	3:2
Sep 29, 1983	3:2
Nov 13, 1981	3:2

Graco Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history