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GGG

Graco Inc.

GGG

Graco Inc. • NYSE
$82.44 ▲ 0.16% (+0.13)
Market Cap $13.67 B
52w High $91.45
52w Low $72.06
Dividend Yield 1.10%
P/E 28.14
Volume 473.69K
Outstanding Shares 165.77M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $543.358M ▼ $138.565M ▼ $137.628M ▲ 25.329% ▲ $0.83 ▲ $193.071M ▲
Q2-2025 $571.806M ▲ $142.046M ▲ $127.623M ▲ 22.319% ▼ $0.77 ▲ $185.999M ▲
Q1-2025 $528.284M ▼ $133.72M ▼ $124.101M ▲ 23.491% ▲ $0.74 ▲ $176.895M ▲
Q4-2024 $548.672M ▲ $149.261M ▲ $108.708M ▼ 19.813% ▼ $0.64 ▼ $130.019M ▼
Q3-2024 $519.212M $130.407M $122.197M 23.535% $0.72 $174.677M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $618.662M ▲ $3.233B ▲ $623.95M ▲ $2.609B ▲
Q2-2025 $534.921M ▼ $3.046B ▲ $545.103M ▲ $2.501B ▲
Q1-2025 $536.138M ▼ $3.008B ▼ $530.594M ▼ $2.478B ▼
Q4-2024 $675.336M ▼ $3.139B ▲ $555.077M ▲ $2.584B ▲
Q3-2024 $764.453M $2.976B $462.349M $2.513B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $137.628M ▲ $179.159M ▼ $-64.104M ▼ $-32.427M ▲ $83.741M ▲ $175.7M ▲
Q2-2025 $127.623M ▲ $182.687M ▲ $-20.196M ▼ $-170.509M ▲ $-1.217M ▲ $163.097M ▲
Q1-2025 $124.101M ▲ $125.416M ▼ $-10.486M ▲ $-258.083M ▼ $-139.198M ▼ $114.819M ▼
Q4-2024 $108.709M ▼ $185.214M ▲ $-247.599M ▼ $-24.539M ▲ $-89.117M ▼ $171.265M ▲
Q3-2024 $122.199M $178.564M $-27.335M $-54.482M $98.447M $159.225M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Contractor
Contractor
 $250.00M ▲$260.00M ▲$290.00M ▲$260.00M ▼
Industrial
Industrial
 $170.00M ▲$230.00M ▲$240.00M ▲$240.00M ▲
Process
Process
 $140.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Graco’s income statement shows a company that is steadily profitable rather than fast‑growing. Revenue has climbed meaningfully from a few years ago, but has been more or less flat over the last three years, suggesting a mature business facing normal industrial cycles. Profit margins are strong for an equipment maker: the company keeps a large share of sales after production costs, and operating profits have been consistently healthy. Net income and earnings per share have moved upward over the five‑year period but have recently leveled off, with a slight dip after a record year. Overall, this looks like a resilient, high‑margin industrial business with stable earnings, but not a clear acceleration in growth in the most recent period.

Balance Sheet

Balance Sheet The balance sheet is a clear strength. Total assets and shareholder equity have grown steadily over time, which indicates reinvestment and retained profits building the company’s base. Debt levels are very low and have been coming down, which means limited financial leverage and relatively low balance‑sheet risk. Cash holdings have increased compared with earlier years, giving Graco a comfortable liquidity cushion. In simple terms, the company appears conservatively financed, with plenty of equity, modest borrowing, and a balance sheet that provides flexibility for downturns or future investments.

Cash Flow

Cash Flow Graco generates solid cash flow from its operations, and this cash generation has strengthened over the period shown. Operating cash flow generally tracks reported profits well, which supports the quality of earnings. Free cash flow has been positive every year and has grown meaningfully as the business has scaled, even while the company has increased its investment in equipment and facilities. Capital spending is noticeable but not aggressive, leaving room for healthy surplus cash after reinvestment needs. This profile suggests a business that reliably turns profits into cash and has internal funding capacity for dividends, buybacks, or acquisitions if management chooses, without relying heavily on debt.

Competitive Edge

Competitive Edge Graco appears to enjoy a strong and durable competitive position in its niche of fluid handling and related equipment. The brand is closely associated with reliability and professional‑grade performance, which supports customer loyalty and premium pricing. The product portfolio is broad and specialized, serving many small, technical applications where scale and know‑how matter. Once customers install Graco systems, switching to alternatives can be costly and disruptive, which helps lock in demand. Lean manufacturing and shared components underpin cost efficiency, while a long operating history and reputation create barriers for new entrants. The main risk is that, despite this moat, the company still serves cyclical industrial and construction end‑markets, so demand can fluctuate with the broader economy.

Innovation and R&D

Innovation and R&D Innovation is a central part of Graco’s identity. The company has a long track record of “firsts,” such as pioneering airless paint sprayers, and continues to invest heavily in research and development relative to peers. Recent launches like the QUANTM electric diaphragm pump, advanced XT sprayers, and specialized disinfectant sprayers show a focus on energy efficiency, cleaner technologies, and application‑specific solutions. Graco is also leaning into electrification and battery‑powered devices, and exploring growth in areas such as electric vehicle manufacturing and other green technologies. Strategic acquisitions, like Corob and Radia, expand its technology base and product breadth. The opportunity is ongoing differentiation and entry into adjacencies; the key risk is execution—integrating acquisitions smoothly and maintaining a strong new‑product pipeline in the face of fast‑moving technology and evolving customer needs.

Summary

Overall, Graco comes across as a high‑quality, profitable industrial company with a conservative financial footing and a well‑defended niche. Earnings and cash flow are steady and well supported by strong margins rather than rapid top‑line expansion, and the balance sheet leaves ample room to navigate downturns or pursue strategic moves. Its competitive moat is built on brand, specialized products, switching costs, and operational discipline, while a strong culture of innovation and targeted acquisitions position it to benefit from trends like energy efficiency, cleaner technologies, and electrification. Key watch points include the pace of revenue growth in a cyclical sector, the ability to sustain premium margins if competition intensifies or costs rise, and management’s success in integrating acquisitions and capitalizing on new high‑growth end markets.

NEWS

November 17, 2025 · 8:30 AM UTC

Graco Inc. Acquires Radia Products, a Leading Manufacturer of Paint Mixing Equipment

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November 10, 2025 · 4:30 PM UTC

Graco Details Global Growth, Innovation and Safety Progress in Latest ESG Report

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October 30, 2025 · 4:30 PM UTC

Graco Inc. Appoints Andrea (Andi) H. Simon to the Board of Directors

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October 22, 2025 · 4:10 PM UTC

Graco Reports Third Quarter Results

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October 6, 2025 · 5:16 PM UTC

Graco Inc. Announces Third Quarter 2025 Earnings Conference Call

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