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Graco Inc.

GGG NYSE Categories PDF
Industrials · Industrial - Machinery
Minneapolis, MN 55413, United States IPO 1980 graco.com Updated Jun 26, 11:53am
Price
$76.28
Market Cap
$12.7B
Employees
4,300
Beta
0.93
Avg Volume
1,331,024
CEO
Mark W. Sheahan
Business Description

Graco Inc., a Minneapolis, Minnesota-based company established in 1926, specializes globally in the engineering, production, and distribution of sophisticated systems and apparatus. These solutions are designed for the precise handling, measurement, regulation, discharge, and application of diverse fluid and powder materials worldwide. Within its Industrial segment, Graco provides specialized proportioning systems for applying polyurethane foam and polyurea coatings. This division also supplies machinery for the precise pumping, metering, mixing, and dispensing of sealants, adhesives, and composite materials. Further offerings include gel-coat equipment, chop and wet-out systems, resin transfer molding solutions, various applicators, and advanced precision dispensing tools. The segment's portfolio also encompasses liquid finishing equipment, paint circulation and supply pumps, sophisticated paint circulating control systems, and plural component coating proportioners. Complementary spare parts and accessories, along with powder finishing products for metal coatings under the Gema and SAT brands, complete this comprehensive segment. The Process segment is dedicated to delivering pumps capable of transferring and dispensing a wide array of fluids, such as chemicals, water, wastewater, petroleum products, food items, and lubricants. It also produces pressure valves crucial for the oil and natural gas industry, various industrial processes, and scientific research. Chemical injection pumping solutions for both producing oil wells and pipelines are another key offering. Moreover, this segment caters to vehicle servicing facilities – including fast oil change operations, service garages, fleet centers, automobile dealerships, auto parts retailers, truck builders, and heavy equipment service centers – by supplying pumps, hose reels, meters, valves, and related accessories. A significant part of its offerings includes automatic lubrication systems, components, and accessories for the continuous lubrication of bearings, gears, and generators within industrial and commercial equipment, compressors, turbines, and both on- and off-road vehicles. Graco's Contractor segment focuses on sprayers specifically designed for applying paint to walls and other structural surfaces, viscous coatings onto roofs, and for marking lines on roads, parking lots, athletic fields, and interior floors. The company distributes its extensive product range through established channels including distributors, original equipment manufacturers (OEMs), and home improvement retailers, as well as via direct sales to end-users.

Business History
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 21, 2026 6:32pm (5d ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
24.29
Stock Price: $76.28
EPS (Diluted): 3.14
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
5.23
Stock Price: $76.28
Total Equity: $2.65B
Shares: 169,219,000
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
17.71
Market Cap: $12.66B
Total Debt: $42.83M
Cash: $624.08M
EBITDA: $751.53M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$13.3B
Market Cap: $12.66B
Total Debt: $42.83M
Cash: $624.08M
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
52.5%
Gross Profit: $1.17B
Revenue: $2.24B
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
27.3%
Operating Income: $610.74M
Revenue: $2.24B
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
23.3%
Net Income: $521.84M
Revenue: $2.24B
ROE (Profit from shareholder equity)
CALC
Net Income / Total Equity
19.7%
Net Income: $521.84M
Total Equity: $2.65B
ROIC (Profit from all invested capital)
CALC
NOPAT / Invested Capital
24.0%
Operating Income: $610.74M
Tax Rate: 18.6%
Equity: $2.65B
Total Debt: $42.83M
Cash: $624.08M
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
3.15
Current Assets: $1.47B
Current Liabilities: $467.26M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.02
Short-Term Debt: $24.70M
Long-Term Debt: $18.13M
Total Debt: $42.83M
Total Equity: $2.65B
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$13.22
Revenue: $2.24B
Shares: 169,219,000
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$15.68
Total Equity: $2.65B
Shares: 169,219,000
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$3.77
Operating CF: $683.59M
CapEx: -$45.67M
Shares: 169,219,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
1.3%
Last Dividend: N/A
Stock Price: $76.28
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: $521.84M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares GGG against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 6:32pm (5d ago)
Metric 2021 2022 2023 2024 2025
Revenue $2.0B $2.1B $2.2B $2.1B $2.2B
Cost of Revenue $953.7M $1.1B $1.0B $990.9M $1.1B
Gross Profit $1.0B $1.1B $1.2B $1.1B $1.2B
Operating Expenses $502.6M $484.7M $514.2M $552.4M $562.4M
Operating Income $531.3M $572.7M $646.8M $570.1M $610.7M
Net Income $439.9M $460.6M $506.5M $486.1M $521.8M
EBITDA $578.0M $641.6M $686.6M $678.9M $751.5M
EPS $2.59 $2.73 $3.01 $2.88 $3.14
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 21, 2026 6:32pm (5d ago)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $624.3M $339.2M $538.0M $675.3M $624.1M
Total Current Assets $1.4B $1.2B $1.4B $1.5B $1.5B
Total Assets $2.4B $2.4B $2.7B $3.1B $3.3B
Current Liabilities $506.8M $399.9M $395.2M $405.8M $467.3M
Long-Term Debt $75.0M $75.0M $0 $0 $18.1M
Total Liabilities $733.9M $579.2M $497.8M $555.1M $620.3M
Total Equity $1.7B $1.9B $2.2B $2.6B $2.7B
Retained Earnings $876.9M $976.9M $1.2B $1.5B $1.5B
Cash Flow (Annual)
Last updated: Jun 21, 2026 6:32pm (5d ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $456.9M $377.4M $651.0M $621.7M $683.6M
Capital Expenditure -$133.6M -$201.2M -$184.8M -$106.7M -$45.7M
Free Cash Flow $323.3M $176.2M $466.2M $515.0M $637.9M
Acquisitions (net) -$19.4M -$25.3M $0 -$241.8M -$135.3M
Debt Repayment
Dividends Paid
Stock Buybacks $0 -$233.4M -$102.3M -$31.4M -$423.1M
Net Change in Cash $245.4M -$285.1M $198.8M $137.4M -$51.3M
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 11:53am (21h ago)
Metric 2025 2026 2027 2028
Revenue $2.2B
$2.2B – $2.2B
$2.4B
$2.3B – $2.4B
$2.5B
$2.5B – $2.5B
$2.6B
$2.6B – $2.6B
EBITDA $867.1M
$855.9M – $871.0M
$917.2M
$909.4M – $925.0M
$960.7M
$956.8M – $968.5M
$1.0B
$1.0B – $1.0B
Net Income $516.2M
$497.7M – $518.0M
$530.8M
$524.1M – $537.8M
$579.1M
$571.4M – $586.8M
$634.4M
$626.3M – $641.2M
EPS
Growth Trends (YoY %)
Last updated: Jun 21, 2026 6:32pm (5d ago)
Metric 2022 2023 2024 2025
Revenue Growth +7.8% +2.4% -3.7% +5.8%
Gross Profit Growth +2.3% +9.8% -3.3% +4.5%
Operating Income Growth +7.8% +12.9% -11.9% +7.1%
Net Income Growth +4.7% +10.0% -4.0% +7.4%
EBITDA Growth +11.0% +7.0% -1.1% +10.7%
Dividend History (Last 20)
Last updated: Jun 21, 2026 6:32pm (5d ago)
Date Dividend Declaration Record Payment
2026-07-20 $0.30 2026-06-12 2026-07-20 2026-08-05
2026-04-13 $0.30 2026-02-13 2026-04-13 2026-05-06
2026-01-16 $0.30 2025-12-05 2026-01-19 2026-02-04
2025-10-20 $0.28 2025-09-12 2025-10-20 2025-11-05
2025-07-21 $0.28 2025-06-06 2025-07-21 2025-08-06
2025-04-14 $0.28 2025-02-14 2025-04-14 2025-05-07
2025-01-17 $0.28 2024-12-06 2025-01-20 2025-02-05
2024-10-21 $0.26 2024-09-13 2024-10-21 2024-11-06
2024-07-22 $0.26 2024-06-14 2024-07-22 2024-08-07
2024-04-12 $0.26 2024-02-16 2024-04-15 2024-05-01
2024-01-19 $0.26 2023-12-01 2024-01-22 2024-02-07
2023-10-13 $0.24 2023-09-15 2023-10-16 2023-11-01
2023-07-14 $0.24 2023-06-16 2023-07-17 2023-08-02
2023-04-14 $0.24 2023-02-17 2023-04-17 2023-05-03
2023-01-17 $0.24 2022-12-02 2023-01-18 2023-02-01
2022-10-14 $0.21 2022-09-23 2022-10-17 2022-11-02
2022-07-15 $0.21 2022-06-17 2022-07-18 2022-08-03
2022-04-14 $0.21 2022-02-18 2022-04-18 2022-05-04
2022-01-14 $0.21 2021-12-03 2022-01-18 2022-02-02
2021-10-15 $0.19 2021-09-17 2021-10-18 2021-11-03
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for GGG — it's generated by the pipeline (market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30