See more : Labomar S.p.A. (LBM.MI) Income Statement Analysis – Financial Results
Complete financial analysis of Graco Inc. (GGG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Graco Inc., a leading company in the Industrial – Machinery industry within the Industrials sector.
You may be interested
- Serco Group plc (SECCF) Income Statement Analysis – Financial Results
- NextNav Inc. (NN) Income Statement Analysis – Financial Results
- Ohashi Technica Inc. (7628.T) Income Statement Analysis – Financial Results
- Hamburger Hafen und Logistik Aktiengesellschaft (HHFA.SW) Income Statement Analysis – Financial Results
- Revolution Healthcare Acquisition Corp. (REVHU) Income Statement Analysis – Financial Results
Graco Inc. (GGG)
About Graco Inc.
Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The company's Industrial segment offers proportioning systems to spray polyurethane foam and polyurea coatings; equipment that pumps, meters, mixes and dispenses sealant, adhesive, and composite materials; and gel-coat equipment, chop and wet-out systems, resin transfer molding systems and applicators, and precision dispensing solutions. It also provides liquid finishing equipment; paint circulating and supply pumps; paint circulating advanced control systems; plural component coating proportioners; spare parts and accessories; and powder finishing products to coat powder finishing on metals under the Gema and SAT brands. The company's Process segment offers pumps to move and dispense chemicals, water, wastewater, petroleum, food, lubricants, and other fluids; pressure valves used in the oil and natural gas industry, other industrial processes, and research facilities; and chemical injection pumping solutions for injection of chemicals into producing oil wells and pipelines. It also supplies pumps, hose reels, meters, valves, and accessories for fast oil change facilities, service garages, fleet service centers, automobile dealerships, auto parts stores, truck builders, and heavy equipment service centers; and systems, components, and accessories for the automatic lubrication of bearings, gears, and generators in industrial and commercial equipment, compressors, turbines, and on- and off-road vehicles. The company's Contractor segment offers sprayers to apply paint to walls and other structures; and viscous coatings to roofs, as well as markings on roads, parking lots, athletic fields, and floors. It sells its products through distributors, original equipment manufacturers, and home center channels; and directly to end-users. The company was incorporated in 1926 and is headquartered in Minneapolis, Minnesota.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 | 1984 | 1983 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.20B | 2.14B | 1.99B | 1.65B | 1.65B | 1.65B | 1.47B | 1.33B | 1.29B | 1.22B | 1.10B | 1.01B | 895.28M | 744.07M | 579.21M | 817.27M | 841.34M | 816.47M | 731.70M | 605.03M | 535.10M | 487.05M | 472.82M | 494.37M | 442.50M | 432.20M | 413.90M | 391.80M | 386.30M | 360.00M | 322.60M | 320.30M | 311.90M | 321.30M | 297.70M | 267.90M | 239.70M | 225.10M | 208.30M | 166.50M | 140.40M |
| Cost of Revenue | 1.03B | 1.09B | 953.66M | 795.18M | 786.29M | 770.75M | 681.70M | 621.05M | 601.79M | 554.39M | 496.57M | 461.93M | 395.08M | 340.62M | 286.40M | 385.09M | 393.91M | 382.51M | 352.35M | 276.62M | 252.30M | 236.89M | 238.06M | 228.07M | 196.60M | 199.00M | 197.40M | 183.10M | 185.60M | 175.60M | 160.20M | 155.00M | 151.40M | 153.30M | 146.50M | 125.20M | 109.80M | 103.50M | 100.70M | 84.40M | 73.20M |
| Gross Profit | 1.16B | 1.06B | 1.03B | 854.94M | 859.76M | 882.54M | 793.05M | 708.24M | 684.70M | 666.74M | 607.46M | 550.53M | 500.21M | 403.45M | 292.82M | 432.18M | 447.43M | 433.96M | 379.35M | 328.41M | 282.80M | 250.16M | 234.76M | 266.30M | 245.90M | 233.20M | 216.50M | 208.70M | 200.70M | 184.40M | 162.40M | 165.30M | 160.50M | 168.00M | 151.20M | 142.70M | 129.90M | 121.60M | 107.60M | 82.10M | 67.20M |
| Gross Profit Ratio | 52.88% | 49.33% | 52.02% | 51.81% | 52.23% | 53.38% | 53.78% | 53.28% | 53.22% | 54.60% | 55.02% | 54.38% | 55.87% | 54.22% | 50.55% | 52.88% | 53.18% | 53.15% | 51.84% | 54.28% | 52.85% | 51.36% | 49.65% | 53.87% | 55.57% | 53.96% | 52.31% | 53.27% | 51.95% | 51.22% | 50.34% | 51.61% | 51.46% | 52.29% | 50.79% | 53.27% | 54.19% | 54.02% | 51.66% | 49.31% | 47.86% |
| Research & Development | 82.82M | 80.01M | 79.65M | 72.19M | 67.56M | 63.12M | 60.11M | 60.61M | 58.56M | 54.25M | 51.43M | 48.92M | 41.55M | 37.70M | 37.54M | 36.56M | 30.28M | 29.97M | 26.97M | 21.78M | 18.09M | 18.17M | 20.81M | 20.00M | 19.70M | 18.20M | 17.80M | 17.90M | 15.70M | 14.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.40M | 5.90M |
| General & Administrative | 171.44M | 153.78M | 151.45M | 135.53M | 133.42M | 137.52M | 139.03M | 126.48M | 122.16M | 108.81M | 98.41M | 113.41M | 87.86M | 76.70M | 65.26M | 69.59M | 60.16M | 58.87M | 51.18M | 0.00 | 36.46M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 61.70M | 52.70M |
| Selling & Marketing | 260.71M | 250.95M | 271.53M | 220.27M | 234.33M | 245.47M | 233.46M | 215.25M | 201.86M | 194.75M | 177.85M | 163.52M | 151.28M | 135.90M | 115.55M | 138.67M | 124.51M | 119.12M | 110.14M | 0.00 | 99.43M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 432.16M | 404.73M | 422.98M | 355.80M | 367.74M | 382.99M | 372.50M | 341.73M | 324.02M | 303.57M | 276.26M | 276.93M | 239.14M | 212.61M | 180.81M | 208.25M | 184.67M | 177.99M | 161.31M | 145.10M | 135.88M | 119.14M | 113.77M | 119.61M | 118.20M | 124.30M | 119.70M | 125.00M | 128.60M | 133.00M | 136.30M | 137.20M | 132.00M | 126.20M | 113.70M | 109.40M | 98.10M | 87.60M | 79.30M | 61.70M | 52.70M |
| Other Expenses | 0.00 | 2.92M | -12.64M | -5.79M | -5.47M | -11.28M | 2.85M | 366.00K | -1.40M | 24.88M | 27.20M | 11.92M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 15.45M | 14.70M | 13.70M | 13.50M | 12.70M | 11.10M | 10.40M | 9.30M | 8.60M | 9.10M | 8.90M | 7.40M | 7.40M | 7.20M | 6.40M | 5.90M | 100.00K | 100.00K |
| Operating Expenses | 514.18M | 484.74M | 502.63M | 427.99M | 435.30M | 446.11M | 432.60M | 402.34M | 382.58M | 357.81M | 327.69M | 325.85M | 280.69M | 250.30M | 218.35M | 244.81M | 214.95M | 207.96M | 188.28M | 166.88M | 153.97M | 137.31M | 134.58M | 155.06M | 152.60M | 156.20M | 151.00M | 155.60M | 155.40M | 158.00M | 145.60M | 145.80M | 141.10M | 135.10M | 121.10M | 116.80M | 105.30M | 94.00M | 85.20M | 69.20M | 58.70M |
| Cost & Expenses | 1.55B | 1.57B | 1.46B | 1.22B | 1.22B | 1.22B | 1.11B | 1.02B | 984.36M | 912.21M | 824.26M | 787.78M | 675.77M | 590.92M | 504.75M | 629.91M | 608.86M | 590.47M | 540.63M | 443.50M | 406.27M | 374.20M | 372.64M | 383.13M | 349.20M | 355.20M | 348.40M | 338.70M | 341.00M | 333.60M | 305.80M | 300.80M | 292.50M | 288.40M | 267.60M | 242.00M | 215.10M | 197.50M | 185.90M | 153.60M | 131.90M |
| Interest Income | 0.00 | 9.90M | 10.22M | 11.28M | 13.11M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 5.19M | 9.90M | 10.22M | 11.28M | 13.11M | 14.39M | 16.20M | 17.59M | 17.64M | 18.73M | 18.15M | 19.27M | 9.13M | 4.18M | 4.85M | 7.63M | 3.43M | 946.00K | 1.37M | 0.00 | 483.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.50M | -1.10M |
| Depreciation & Amortization | 74.32M | 66.00M | 59.33M | 54.50M | 47.70M | 47.75M | 45.58M | 48.29M | 44.61M | 35.52M | 37.32M | 38.76M | 32.48M | 33.97M | 35.14M | 35.50M | 28.67M | 26.05M | 23.50M | 17.81M | 18.75M | 18.08M | 18.49M | 15.45M | 14.70M | 13.70M | 13.50M | 12.70M | 11.10M | 10.40M | 9.30M | 8.60M | 9.10M | 8.90M | 7.40M | 7.40M | 7.20M | 6.40M | 5.90M | 5.10M | -1.30M |
| EBITDA | 686.59M | 641.62M | 578.01M | 440.43M | 466.69M | 472.91M | 408.88M | 354.45M | 346.73M | 369.32M | 344.29M | 275.36M | 251.24M | 183.20M | 108.66M | 221.71M | 261.36M | 252.05M | 214.91M | 179.59M | 128.83M | 112.85M | 118.68M | 126.69M | 107.92M | 90.62M | 79.00M | 65.80M | 56.40M | 36.80M | 26.10M | 28.10M | 28.50M | 41.80M | 37.50M | 33.30M | 31.80M | 34.00M | 28.30M | 15.00M | 7.20M |
| EBITDA Ratio | 31.27% | 29.93% | 29.08% | 28.88% | 28.43% | 28.60% | 27.73% | 26.67% | 26.84% | 30.24% | 31.18% | 27.20% | 28.15% | 25.15% | 18.92% | 26.99% | 31.06% | 30.95% | 29.37% | 29.68% | 27.66% | 26.99% | 25.41% | 25.87% | 23.80% | 21.03% | 19.35% | 16.67% | 14.42% | 10.50% | 8.34% | 8.37% | 9.23% | 13.13% | 12.97% | 12.39% | 12.89% | 14.57% | 13.54% | 9.01% | 5.13% |
| Operating Income | 646.84M | 572.70M | 531.32M | 391.72M | 424.46M | 436.43M | 360.45M | 113.88M | 302.13M | 308.93M | 279.77M | 224.68M | 219.51M | 153.14M | 74.47M | 187.37M | 232.48M | 226.00M | 191.07M | 161.53M | 128.83M | 112.85M | 100.18M | 111.24M | 93.30M | 77.00M | 65.50M | 53.10M | 45.30M | 26.40M | 16.80M | 19.50M | 19.40M | 32.90M | 30.10M | 25.90M | 24.60M | 27.60M | 22.40M | 12.90M | 8.50M |
| Operating Income Ratio | 29.46% | 26.72% | 26.73% | 23.74% | 25.79% | 26.40% | 24.44% | 8.57% | 23.48% | 25.30% | 25.34% | 22.19% | 24.52% | 20.58% | 12.86% | 22.93% | 27.63% | 27.68% | 26.11% | 26.70% | 24.08% | 23.17% | 21.19% | 22.50% | 21.08% | 17.82% | 15.83% | 13.55% | 11.73% | 7.33% | 5.21% | 6.09% | 6.22% | 10.24% | 10.11% | 9.67% | 10.26% | 12.26% | 10.75% | 7.75% | 6.05% |
| Total Other Income/Expenses | -38.04M | -6.98M | -22.86M | -17.07M | -18.58M | -25.66M | -31.65M | -24.49M | 172.59M | 6.15M | 9.05M | -7.35M | -9.79M | -4.60M | -5.80M | -8.79M | -3.64M | -1.63M | -1.72M | -750.00K | -920.00K | -1.12M | -2.72M | -5.33M | -4.38M | -5.53M | -2.00M | -300.00K | -1.70M | -3.00M | -3.00M | -1.50M | -4.10M | -3.90M | -5.60M | -4.10M | -900.00K | -600.00K | -1.60M | -1.50M | -200.00K |
| Income Before Tax | 608.80M | 565.72M | 508.47M | 374.65M | 405.88M | 410.77M | 347.09M | 96.66M | 474.71M | 315.07M | 288.82M | 217.33M | 209.73M | 148.54M | 68.67M | 178.58M | 228.84M | 224.37M | 189.35M | 160.78M | 127.91M | 111.73M | 97.47M | 105.91M | 88.80M | 71.40M | 63.50M | 52.80M | 43.60M | 23.40M | 13.80M | 18.00M | 15.30M | 29.00M | 24.50M | 21.80M | 23.70M | 27.00M | 20.80M | 11.40M | 8.30M |
| Income Before Tax Ratio | 27.73% | 26.39% | 25.58% | 22.70% | 24.66% | 24.85% | 23.54% | 7.27% | 36.90% | 25.80% | 26.16% | 21.47% | 23.43% | 19.96% | 11.86% | 21.85% | 27.20% | 27.48% | 25.88% | 26.57% | 23.90% | 22.94% | 20.61% | 21.42% | 20.07% | 16.52% | 15.34% | 13.48% | 11.29% | 6.50% | 4.28% | 5.62% | 4.91% | 9.03% | 8.23% | 8.14% | 9.89% | 11.99% | 9.99% | 6.85% | 5.91% |
| Income Tax Expense | 102.29M | 105.08M | 68.60M | 44.20M | 62.02M | 69.71M | 94.68M | 55.98M | 129.00M | 89.50M | 78.00M | 68.20M | 67.40M | 45.70M | 19.70M | 57.70M | 76.00M | 74.60M | 63.50M | 52.10M | 41.20M | 36.10M | 32.20M | 35.80M | 29.50M | 24.10M | 18.80M | 16.60M | 15.90M | 8.10M | 4.30M | 6.90M | 6.40M | 11.30M | 10.00M | 8.50M | 10.90M | 12.70M | 10.00M | 4.30M | 4.30M |
| Net Income | 506.51M | 460.65M | 439.87M | 330.46M | 343.85M | 341.05M | 252.41M | 40.67M | 345.71M | 225.57M | 210.82M | 149.13M | 142.33M | 102.84M | 48.97M | 120.88M | 152.84M | 149.77M | 125.85M | 108.68M | 86.71M | 75.63M | 65.27M | 70.11M | 59.30M | 47.30M | 44.70M | 36.20M | 27.70M | 15.30M | 9.50M | 5.30M | 8.90M | 17.70M | 14.50M | 13.30M | 12.80M | 14.30M | 10.80M | 7.10M | 4.00M |
| Net Income Ratio | 23.07% | 21.49% | 22.13% | 20.03% | 20.89% | 20.63% | 17.12% | 3.06% | 26.87% | 18.47% | 19.10% | 14.73% | 15.90% | 13.82% | 8.45% | 14.79% | 18.17% | 18.34% | 17.20% | 17.96% | 16.21% | 15.53% | 13.80% | 14.18% | 13.40% | 10.94% | 10.80% | 9.24% | 7.17% | 4.25% | 2.94% | 1.65% | 2.85% | 5.51% | 4.87% | 4.96% | 5.34% | 6.35% | 5.18% | 4.26% | 2.85% |
| EPS | 3.01 | 2.73 | 2.59 | 1.97 | 2.07 | 2.04 | 1.50 | 0.24 | 2.00 | 1.25 | 1.15 | 0.82 | 0.79 | 0.57 | 0.27 | 0.67 | 0.78 | 0.74 | 0.61 | 0.52 | 0.42 | 0.35 | 0.31 | 0.34 | 0.29 | 0.20 | 0.17 | 0.14 | 0.10 | 0.06 | 0.04 | 0.02 | 0.03 | 0.07 | 0.06 | 0.05 | 0.04 | 0.05 | 0.04 | 0.02 | 0.01 |
| EPS Diluted | 2.94 | 2.66 | 2.52 | 1.92 | 2.00 | 1.97 | 1.45 | 0.24 | 1.95 | 1.22 | 1.12 | 0.81 | 0.77 | 0.56 | 0.27 | 0.66 | 0.77 | 0.72 | 0.60 | 0.52 | 0.41 | 0.35 | 0.31 | 0.34 | 0.28 | 0.20 | 0.17 | 0.14 | 0.10 | 0.06 | 0.04 | 0.02 | 0.03 | 0.07 | 0.06 | 0.05 | 0.04 | 0.05 | 0.04 | 0.02 | 0.01 |
| Weighted Avg Shares Out | 168.44M | 168.95M | 169.64M | 167.46M | 166.52M | 167.36M | 167.93M | 166.85M | 172.83M | 180.44M | 183.61M | 181.35M | 180.86M | 180.63M | 179.60M | 180.79M | 195.13M | 203.30M | 206.32M | 207.67M | 208.11M | 214.03M | 208.79M | 204.86M | 205.41M | 232.63M | 258.62M | 265.60M | 264.59M | 264.06M | 256.24M | 250.46M | 258.00M | 242.21M | 242.76M | 242.39M | 287.71M | 311.06M | 297.14M | 291.90M | 270.60M |
| Weighted Avg Shares Out (Dil) | 172.20M | 172.89M | 174.53M | 172.01M | 171.62M | 173.21M | 174.32M | 170.88M | 177.02M | 185.24M | 188.37M | 185.13M | 184.11M | 182.41M | 180.69M | 182.51M | 197.95M | 207.05M | 209.76M | 210.35M | 211.50M | 216.76M | 212.82M | 208.93M | 210.82M | 237.84M | 264.67M | 267.66M | 265.84M | 267.14M | 256.24M | 250.46M | 258.00M | 242.21M | 242.76M | 242.39M | 287.71M | 311.06M | 297.14M | 291.90M | 270.60M |
Graco (GGG) Up 8.8% Since Last Earnings Report: Can It Continue?
Graco (GGG) reported earnings 30 days ago. What's next for the stock?
Here's Why Investors Should Avoid Investing in Graco Stock Now
Softness in the Industrial and Process segments and increasing costs weigh on GGG. Unfavorable foreign currency movement is an added concern.
Graco Inc. Has Completed Its Previously-Announced Acquisition of Corob S.p.A., a Global Manufacturer of Hi-tech Dispensing and Mixing Solutions for Paints and Coatings
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG) announced today that it has completed its previously-announced acquisition of Corob S.p.A. (“Corob”) for €230 million, subject to customary adjustments, with up to €30 million in additional contingent consideration. Corob is a global leader in the...
Graco Inc (GGG) Q3 2024 Earnings Call Transcript
Graco Inc (NYSE:GGG ) Q3 2024 Results Conference Call October 24, 2024 11:00 AM ET Company Participants Chris Knutson - Executive VP, Corporate Controller & Principal Accounting Officer Mark Sheahan - President, CEO & Director David Lowe - CFO &...
Graco's Earnings Miss Estimates in Q3, Sales Decline 4% Y/Y
GGG's third-quarter 2024 sales decline 4% year over year due to lower demand in all its segments.
Graco (GGG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Graco (GGG) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates...
Graco Inc. (GGG) Q3 Earnings and Revenues Lag Estimates
Graco Inc. (GGG) came out with quarterly earnings of $0.71 per share, missing the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.76 per share a year ago.
Ahead of Graco (GGG) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Graco (GGG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Ex-Dividend Reminder: Caterpillar, Graco And Costamare
On 10/21/24, Caterpillar, Graco and Costamare will all trade ex-dividend for their respective upcoming dividends. Caterpillar will pay its quarterly dividend of $1.41 on 11/20/24, Graco will pay its quarterly dividend of $0.255 on 11/6/24, and Costamare will pay its...
Newell Brands and Kidsy Announce Partnership to Divert Graco® and Baby Jogger® Returns from Landfills
Newell Brands Makes Pivotal Commitment to Sustainability through Kidsy's Recommerce Platform CHICAGO , Oct. 9, 2024 /PRNewswire/ -- Newell Brands (NASDAQ: NWL), a global leader in consumer goods and home to iconic baby brands like Graco® and Baby Jogger®, is partnering...
Source: https://incomestatements.info
Category: Stock Reports