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Graco Inc (GGG) stock

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NYSE: GGG NYSE Industrial Machinery & Supplies & Components

B+ Fundamentals grade

Graco Inc is a US-listed company in the industrial machinery & supplies & components industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$65

Cash-flow model

Base case. Range ~$49–$87 across our lower- and higher-growth cases (-1.4%–8.6% a year).

Price vs value

Modestly overvalued

The price is inside our value range, 6% above our base value.

Price used: $69.00, November 2, 2026

Graco Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 7 selling1 purchase and 7 sales by directors and officers, last 12 monthsInsider trades
  • Funds326 adding, 379 cuttingOf 71 active managers that changed their stake, 30 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Graco files

10-Q filed October 21: Graco

Rating: Sell to Hold

Revenue reached $2.31bn for the twelve months to September 2026, up 5.4% on a year earlier and ahead of the 4.6% recorded a quarter before. Free cash flow margin tells a weaker story, slipping to 26.0% from 28.5%. A 2.4% reduction in the diluted share count over the year lifts the claim of each remaining share. Our model value is little changed at $63.82, below the $69.28 share price. On that basis we move the rating from Sell to Hold. The current price embeds roughly 5.1% annual cash flow growth over five years, not far from the 3.1% annual revenue growth the company has actually delivered.

Source: 10-Q filed October 21, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Graco stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $2.27bn, up 4.6% on a year earlier, about the same pace as a quarter earlier. Free-cash-flow margin held at 27.8%. The diluted share count is down 2.0% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades B. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $61.31 a share, against a share price of $80.90. At that price, our model says the market is pricing in about 8.0% a year of cash-flow growth for five years, faster than the 2.7% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Graco Inc's trailing-twelve-month revenue grew 5.4% year on year, with a free-cash-flow margin of 26.0%. Where it stands out: net margin of 22.4% ranks 1 of 76 industrial machinery & supplies & components companies we cover.

Our discounted-cash-flow model values the business at ~$65 per share in the base case (~$49–$87 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free-cash-flow margin near historical high: TTM FCF margin of 26.0% is in the 92nd percentile of its own history.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • High operating margin. 26.8% of revenue is left as operating profit, against a median of 13.0% for industrial machinery & supplies & components companies we cover.
  • Strong cash generation. 26.0% of revenue turned into free cash flow, against a median of 9.1% for industrial machinery & supplies & components companies we cover.
  • Shrinking share count. Diluted shares fell 2.4% in a year, so each share owns more of the business.

Things to watch

  • Below peers: stock pay as % of revenue. Stock pay as % of revenue of 1.4% ranks 53 of 70 industrial machinery & supplies & components companies we cover (median 0.8%).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q3

Filed October 21, 2026
Earnings per share
$0.81 against an average estimate of $0.84: missed by 3.1%
Revenue
$586m, up 7.9% on a year earlier
Next report
October 21, 2026; average EPS estimate $0.82

Graco's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.3%
  • 1 week+4.4%
  • 1 month-11.2%
  • This year-14.6%
  • 1 year-14.4%
  • 5 years-4.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$2.3B
Operating margin
26.8%
Net margin
22.4%
EPS (TTM, diluted)
$3.11

Growth

Revenue growth
+5.4%
Change in growth rate
+0.8 pts
Share count change
−2.4%

Cash

Free cash flow (TTM)
$600M
FCF margin
26.0%
Stock pay % of revenue
1.4%

Earnings

Last results
January 26, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Our research
  2. Our research
  3. Leadership
  4. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Graco Inc valuation models and calculator

What the price is pricing in

The share price implies about 5.3% a year of cash-flow growth for five years.That is close to the 3.1% a year revenue growth Graco has delivered.

  • Priced in5.3%
  • Last 12 months5.4%
  • 3 years a year1.9%
  • 5 years a year3.1%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($68.73, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$65
Price used
$68.73close November 3, 2026
Implied change
▼ 5%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Graco Inc's free cash flow after stock-based pay with after-tax interest added back ($559M, FY2026 Q3 TTM), growing 6.2% and 5% in the next two years (forecasts, guidance and its record), then back to 3.6% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$49–~$87 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Graco Inc's free cash flow after stock-based pay ( $559M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Graco Inc as an operating company, with every model that fits that kind of business. Cost of equity 9.1%: the 10-year Treasury yield (4.9%) plus a beta of 0.92 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$65 ~$49–$87 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$60 ~$54–$79 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$53 ~$39–$74 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$49 ~$42–$59 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$59 ~$49–$65 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Graco Inc with Industrial Machinery & Supplies & Components in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −25%
  • Revenue growth 5 points higher ▲ +33%
  • Free-cash-flow margin 1 point lower ▼ −4%
  • Last year's free-cash-flow margin change, if it persists ▼ −9%
  • Discount rate 1 point higher ▼ −15%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $49$67$90$121$162$214
8.5% $38$50$67$89$118$155
10% $31$41$54$71$92$120

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$21.11$24.38$40.37$37.15$47.78$67.57$75.55$63.86$83.41$81.86$82.21$69.00
Market value$3.7bn$4.2bn$7.0bn$6.4bn$8.2bn$11.6bn$13.2bn$11.0bn$14.4bn$14.1bn$13.9bn$11.5bn
+ Net debt (− = net cash)$340m$253m$122m$134m−$57m−$229m−$474m−$264m−$538m−$675m−$622m−$36m
Enterprise value$4.1bn$4.4bn$7.2bn$6.6bn$8.1bn$11.4bn$12.7bn$10.8bn$13.8bn$13.4bn$13.3bn$11.4bn
Multiples
Price / sales 2.9x3.1x4.8x3.9x5.0x7.0x6.6x5.2x6.5x6.7x6.2x5.0x
Price / earnings 10.8x102.4x27.9x18.9x23.8x35.2x30.0x24.0x28.4x29.0x26.7x22.2x
Price / free cash flow 25.0x17.8x23.6x20.5x28.2x36.0x40.8x62.6x30.8x27.4x21.8x19.1x
EV / EBITDA 11.8x26.1x16.9x13.6x17.2x25.5x21.5x16.9x19.2x20.5x18.1x15.7x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

91 /100

Strong moat

How hard Graco's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Cash operating profit has been a median 23.1% of total assets over 10 years.

  • Pricing power 18 / 20

    Gross margin has been a median 52.3%, moving by 1.2 percentage points (standard deviation) across 10 years.

  • Durability 16 / 20

    Operating margin has been a median 26.7%; its worst year was 13.1%.

  • Cash conversion 20 / 20

    Free cash flow was positive in 10 of 10 years, at a median 19.3% of revenue.

  • Discipline 18 / 20

    The diluted share count fell 4.5% over five years; stock-based pay has been a median 1.4% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $3.23 +10% $2.3bn +5%
Next $3.46 +7% $2.5bn +8%

Next year's EPS estimate has moved −0.9% in 90 days, across 9 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −2.0% on 90 days ago. In the last 30 days, 0 analysts raised Graco Inc's forecast and 1 cut it.

Consensus EPS forecast Graco Inc, last 90 days
$3.20 $3.30 $3.40 $3.50 $3.60 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $3.30 Current fiscal year, 60 days ago: $3.30 Current fiscal year, 30 days ago: $3.29 Current fiscal year, 7 days ago: $3.30 Current fiscal year, Now: $3.23 $3.23 Next fiscal year, 90 days ago: $3.49 Next fiscal year, 60 days ago: $3.52 Next fiscal year, 30 days ago: $3.50 Next fiscal year, 7 days ago: $3.53 Next fiscal year, Now: $3.46 $3.46

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $3.30$3.49
60 days ago $3.30$3.52
30 days ago $3.29$3.50
7 days ago $3.30$3.53
Now $3.23$3.46

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.84 $0.81 −3.1%
Jun 2026 $0.81 $0.91 +12.6%
Mar 2026 $0.74 $0.66 −11.1%
Dec 2025 $0.76 $0.77 +0.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, January 26, 2026

No numeric guidance in Graco Inc's latest earnings release (filed January 26, 2026). Some companies give their outlook only on the earnings call.

How our valuation uses these forecasts

Our cash-flow model grows Graco Inc's revenue by +6.2% next year and +5.0% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+7.4%, weight 67%) and the company's own record (+3.6%, weight 33%) . How the weights are set.

Analyst recommendations

10 analysts, Oct 2026
Buy440%
Hold660%
Sell00%

Monthly trend

  1. Oct 202631610
  2. Sep 202621710
  3. Aug 202621811
  4. Jul 202621811

Counts of recommendations published by analysts covering Graco Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
4.3%
of tradable shares
Days to cover
3.38
at average volume
Short interest, 1 month
−0%
to October 15, 2026
Held by institutions
95%
of shares
Held by insiders
0.8%
of shares
Employees
4,400
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −14.4%

$80.61 on October 31, 2025 to $69.00

ThenNowEffect
Revenue (last 12 months) $2.2bn $2.3bn +4.6%
Net margin 22.3% 23.5% +5.7%
P/E multiple 28.6x 21.7x −24.2%
Share count 171m 168m +2.1%

Biggest factor: p/e multiple.

Last 3 years −6.8%

$74.07 on November 3, 2023 to $69.00

ThenNowEffect
Revenue (last 12 months) $2.2bn $2.3bn +3.5%
Net margin 23.1% 23.5% +1.9%
P/E multiple 25.2x 21.7x −13.9%
Share count 172m 168m +2.6%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
GGG+13%−16%+31%−2%−2%−15%
Industry peers (median)+19%−13%+19%+2%+13%+5%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
GGG58%33%67%50%50%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
GGG−14%−29%−20%−18%−15%−30%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 31% from February 19, 2020 to March 23, 2020. Getting back needed a 44% gain, reached on August 11, 2020, 141 days after the low.

Price behaviour

52-week range
$66.07 – $93.79
From 52-week high
−26.4%
vs 50-day average
−9.7%
vs 200-day average
−14.1%
Volatility (1 year)
26%
Beta vs S&P 500
0.61

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 3 down
typical move ±3.8%
After a week
6 up, 3 down
typical move ±4.5%
After a month
6 up, 3 down
typical move ±5.5%
Results releasedNext dayS&P 500 next day5 days21 days
January 26, 2026 +1.3% +0.9% +2.2% +6.7%
January 27, 2025 −2.9% −0.6% −3.0% 0.0%
January 29, 2024 +2.5% +0.7% +1.6% +6.2%
January 30, 2023 +1.7% +0.2% +5.6% +2.9%
January 31, 2022 +4.4% +2.5% +1.0% +0.8%
January 25, 2021 −6.3% +0.2% −8.5% −7.9%
January 27, 2020 +5.9% −0.6% +2.9% +3.3%
January 28, 2019 +3.2% −0.9% +3.2% +12.0%
January 29, 2018 −5.8% −1.7% −12.1% −9.6%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Graco Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: no liquid put with an effective price at or below fair value.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Graco Inc in five measures

Fundamentals grade B+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Graco Inc
$2.1B $2.2B $2.2B $2.3B $2.3B $2.4B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $2.2B Revenue (TTM), FY24 Q1: $2.2B Revenue (TTM), FY24 Q2: $2.2B Revenue (TTM), FY24 Q3: $2.1B Revenue (TTM), FY24 Q4: $2.1B Revenue (TTM), FY25 Q1: $2.1B Revenue (TTM), FY25 Q2: $2.2B Revenue (TTM), FY25 Q3: $2.2B Revenue (TTM), FY25 Q4: $2.2B Revenue (TTM), FY26 Q1: $2.2B Revenue (TTM), FY26 Q2: $2.3B Revenue (TTM), FY26 Q3: $2.3B $2.3B

Source: SEC EDGAR filings. Retrieved October 23, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $2.2B
FY24 Q1 $2.2B
FY24 Q2 $2.2B
FY24 Q3 $2.1B
FY24 Q4 $2.1B
FY25 Q1 $2.1B
FY25 Q2 $2.2B
FY25 Q3 $2.2B
FY25 Q4 $2.2B
FY26 Q1 $2.2B
FY26 Q2 $2.3B
FY26 Q3 $2.3B
Revenue growth, TTM YoY Graco Inc
-5% 0% 5% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 2.4% Revenue growth, TTM YoY, FY24 Q1: -1.0% Revenue growth, TTM YoY, FY24 Q2: -1.7% Revenue growth, TTM YoY, FY24 Q3: -2.4% Revenue growth, TTM YoY, FY24 Q4: -3.7% Revenue growth, TTM YoY, FY25 Q1: -0.4% Revenue growth, TTM YoY, FY25 Q2: 0.8% Revenue growth, TTM YoY, FY25 Q3: 2.9% Revenue growth, TTM YoY, FY25 Q4: 5.8% Revenue growth, TTM YoY, FY26 Q1: 4.6% Revenue growth, TTM YoY, FY26 Q2: 4.6% Revenue growth, TTM YoY, FY26 Q3: 5.4% 5.4%

Source: SEC EDGAR filings. Retrieved October 23, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 2.4%
FY24 Q1 -1.0%
FY24 Q2 -1.7%
FY24 Q3 -2.4%
FY24 Q4 -3.7%
FY25 Q1 -0.4%
FY25 Q2 0.8%
FY25 Q3 2.9%
FY25 Q4 5.8%
FY26 Q1 4.6%
FY26 Q2 4.6%
FY26 Q3 5.4%
Operating margin (TTM) Graco Inc
26% 27% 28% 29% 30% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 29.5% Operating margin (TTM), FY24 Q1: 28.9% Operating margin (TTM), FY24 Q2: 29.2% Operating margin (TTM), FY24 Q3: 28.6% Operating margin (TTM), FY24 Q4: 27.0% Operating margin (TTM), FY25 Q1: 27.0% Operating margin (TTM), FY25 Q2: 26.6% Operating margin (TTM), FY25 Q3: 27.2% Operating margin (TTM), FY25 Q4: 27.9% Operating margin (TTM), FY26 Q1: 27.5% Operating margin (TTM), FY26 Q2: 28.1% Operating margin (TTM), FY26 Q3: 26.8% 26.8%

Source: SEC EDGAR filings. Retrieved October 23, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 29.5%
FY24 Q1 28.9%
FY24 Q2 29.2%
FY24 Q3 28.6%
FY24 Q4 27.0%
FY25 Q1 27.0%
FY25 Q2 26.6%
FY25 Q3 27.2%
FY25 Q4 27.9%
FY26 Q1 27.5%
FY26 Q2 28.1%
FY26 Q3 26.8%
FCF margin (TTM) Graco Inc
20% 22% 24% 26% 28% 30% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 21.2% FCF margin (TTM), FY24 Q1: 23.0% FCF margin (TTM), FY24 Q2: 21.4% FCF margin (TTM), FY24 Q3: 21.8% FCF margin (TTM), FY24 Q4: 24.4% FCF margin (TTM), FY25 Q1: 25.5% FCF margin (TTM), FY25 Q2: 28.1% FCF margin (TTM), FY25 Q3: 28.5% FCF margin (TTM), FY25 Q4: 28.5% FCF margin (TTM), FY26 Q1: 28.1% FCF margin (TTM), FY26 Q2: 27.8% FCF margin (TTM), FY26 Q3: 26.0% 26.0%

Source: SEC EDGAR filings. Retrieved October 23, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 21.2%
FY24 Q1 23.0%
FY24 Q2 21.4%
FY24 Q3 21.8%
FY24 Q4 24.4%
FY25 Q1 25.5%
FY25 Q2 28.1%
FY25 Q3 28.5%
FY25 Q4 28.5%
FY26 Q1 28.1%
FY26 Q2 27.8%
FY26 Q3 26.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 579 744 895 1,012 1,104 1,221 1,286 1,329 1,475 1,653 1,646 1,650 1,988 2,144 2,196 2,113 2,237 2,310
Gross profit 293 403 500 551 607 667 685 711 795 883 860 855 1,034 1,057 1,161 1,122 1,173 1,201
EBITDA 110 187 252 263 317 344 347 169 424 484 473 447 591 639 721 657 732 729
Operating income 74 153 220 225 280 309 302 121 379 436 424 392 531 573 647 570 625 620
Net income 49 103 142 149 211 226 346 41 252 341 344 330 440 461 507 486 522 517
Diluted EPS $0.27 $0.56 $0.77 $0.81 $1.12 $1.22 $1.95 $0.24 $1.45 $1.97 $2.00 $1.92 $2.52 $2.66 $2.94 $2.82 $3.08 $3.11
Growth (year on year)
Revenue −29.1% +28.5% +20.3% +13.1% +9.0% +10.6% +5.4% +3.3% +10.9% +12.1% −0.4% +0.2% +20.5% +7.8% +2.4% −3.7% +5.8% +5.4%
EBITDA −50.8% +70.7% +34.7% +4.5% +20.4% +8.6% +0.7% −51.1% +150.4% +14.1% −2.2% −5.6% +32.1% +8.1% +12.9% −8.9% +11.5% +4.6%
Operating income −60.3% +105.6% +43.3% +2.4% +24.5% +10.4% −2.2% −59.9% +212.6% +15.2% −2.7% −7.7% +35.6% +7.8% +12.9% −11.9% +9.6% +3.9%
Net income −59.5% +110.0% +38.4% +4.8% +41.4% +7.0% +53.3% −88.2% +520.6% +35.1% +0.8% −3.9% +33.1% +4.7% +10.0% −4.0% +7.4% +3.9%
Diluted EPS −86.4% +108.6% +37.3% +4.3% +38.8% +8.6% +60.3% −87.7% +504.2% +35.9% +1.5% −4.0% +31.3% +5.6% +10.5% −4.1% +9.2% +6.4%
Margins
Gross margin 50.6% 54.2% 55.9% 54.4% 55.0% 54.6% 53.2% 53.5% 53.9% 53.4% 52.2% 51.8% 52.0% 49.3% 52.9% 53.1% 52.5% 52.0%
EBITDA margin 18.9% 25.1% 28.1% 26.0% 28.7% 28.2% 27.0% 12.7% 28.8% 29.3% 28.8% 27.1% 29.7% 29.8% 32.8% 31.1% 32.7% 31.6%
Operating margin 12.9% 20.6% 24.5% 22.2% 25.3% 25.3% 23.5% 9.1% 25.7% 26.4% 25.8% 23.7% 26.7% 26.7% 29.5% 27.0% 27.9% 26.8%
Net margin 8.5% 13.8% 15.9% 14.7% 19.1% 18.5% 26.9% 3.1% 17.1% 20.6% 20.9% 20.0% 22.1% 21.5% 23.1% 23.0% 23.3% 22.4%
Free-cash-flow margin 23.3% 11.4% 15.4% 16.9% 19.9% 17.2% 11.6% 17.6% 20.2% 19.0% 17.7% 19.6% 16.3% 8.2% 21.2% 24.4% 28.5% 26.0%
Cash flow
Cash from operations 147 101 162 190 243 241 191 276 338 368 419 394 457 377 651 622 684 660
Capital spending 11 17 24 18 23 31 42 42 40 54 128 71 134 201 185 107 46 60
Free cash flow 135 85 138 171 220 211 150 234 298 314 291 323 323 176 466 515 638 600
Stock-based pay 9 10 11 12 17 17 19 21 24 26 27 25 25 25 30 32 34 33
Free cash flow after stock pay 126 74 127 159 203 193 130 213 274 289 264 298 298 152 436 483 604 567
Balance sheet
Cash 5 10 303 31 20 24 52 52 104 132 221 379 624 339 538 675 624 140
Total debt 86 70 300 556 408 615 393 306 226 266 164 150 150 75 0 0 2 104
Net debt (negative = net cash) 81 61 −3 525 389 591 340 253 122 134 −57 −229 −474 −264 −538 −675 −622 −36
Diluted shares — — — — 188m 185m 177m 171m 174m 173m 172m 172m 175m 173m 172m 172m 169m 166m
Returned to shareholders
Dividends 45 48 51 54 61 66 69 73 80 89 106 117 127 142 158 172 183 191
Buybacks 0 24 43 1 68 195 275 50 90 245 9 102 0 233 102 31 423 525
Total returned 46 72 94 56 129 262 344 124 171 334 116 219 127 376 261 203 606 716

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

6 of 6 checks passed · September 25, 2026
What it owns · $3.3bn
Short-term assets $1.1bnLonger-term assets $2.1bn
What it owes, and who funded it · $3.0bn
Short-term liabilities $524mShareholders' equity $2.5bn
  • Short-term assets cover short-term liabilities $1.1bn of assets due within a year against $524m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $140m of cash against $104m of debt.
  • Debt below 40% of shareholders' equity Debt is 4% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 4% to 4% over five years.
  • A year's operating cash flow covers at least 20% of debt $660m of operating cash flow against $104m of debt.
  • Operating profit covers interest at least five times over Operating income of $620m against $3m of interest.

From Graco Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$525M
Dividends (TTM)
$191M
Returned to shareholders
119%
of free cash flow
Buybacks, last 3 fiscal years
$557M
Diluted share count
−2.4%
year over year
Total shareholder yield
6.4%
dividends 1.7% + buybacks 4.7% of market value
Dividend payout ratio
37%
of net income paid out
R&D spending
3.6%
of revenue

Competitors: side by side with peers

Closest by revenue in industrial machinery & supplies & components
Last 12 months unless stated GGG KMT FELE ATS RBC SYM Median
Revenue, last 12 months $2.3bn $2.4bn $2.3bn $2.2bn $2.0bn $2.6bn $1.4bn
Revenue growth, last 12 months 5.4% 19.8% 7.3% 18.1% 17.4% 20.6% 8.3%
Revenue growth, 3-year average 1.9% 4.3% 2.8% — 10.0% 37.0% 4.0%
Revenue growth, latest quarter 7.9% 42.6% 8.9% — 15.2% 21.7% 9.1%
Gross margin 52.0% 41.2% 35.4% 28.6% 45.5% 21.3% 35.2%
Operating margin 26.8% 20.1% 12.4% 6.7% 24.4% −0.0% 13.1%
Operating margin, 3-year average 27.5% 11.9% 12.4% — 23.0% −4.6% 13.7%
Net margin 22.4% 14.5% 8.8% 2.4% 17.5% 0.3% 8.9%
Cash from operations / revenue 28.6% −0.2% 10.8% 15.1% 24.0% 33.8% 11.9%
Free-cash-flow margin 26.0% −3.4% 8.5% 14.0% 19.7% 32.6% 8.8%
Free-cash-flow margin, 3-year average 25.4% 3.6% 9.8% — 17.8% 14.6% 9.8%
Stock pay / revenue 1.4% 1.5% 0.6% 0.2% 1.7% 9.0% 0.8%
Change in share count −2.4% −0.6% −2.6% 0.2% 0.7% 18.8% −0.0%

Median of all 76 companies we cover in industrial machinery & supplies & components. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

76 industrial machinery & supplies & components companies
Measure Company Peer median Rank
Revenue growth Growth 5.4% 8.3% 55 of 75
Change in growth rate Growth +0.8pp +1.2pp 41 of 75
Gross margin Profitability 52.0% 35.4% 5 of 70
Operating margin Profitability 26.8% 13.0% 2 of 75
Net margin Profitability 22.4% 8.9% 1 of 76
Free-cash-flow margin Cash generation 26.0% 9.1% 4 of 76
Stock pay as % of revenue Cash generation 1.4% 0.8% 53 of 70
Long-term debt as % of assets Balance sheet 3.2% 23.4% 6 of 59
Change in share count Balance sheet -2.4% -0.0% 11 of 73

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 26, 2025
Geography
Region Revenue Share YoY
United States $1.2B 52.3% ▲ 1.8%
Outside the US $1.1B 47.7% ▲ 10.6%

From Graco Inc's 10-K filed February 17, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$11.3B
Institutions reporting
727
Shares held vs prior quarter
▲ 0.8%
Positions opened / closed
63 / 98

Top buyers and sellers, Q2 2026: 326 institutions bought and 379 sold ; the biggest buyer was Qube Research & Technologies Ltd (+1.1M shares) and the biggest seller Alecta Tjanstepension Omsesidigt (−1.2M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $1.4B 18.5M 12.4% ▲ 0.4%
State Street Corp $615M 8.1M 5.4% ▲ 1.8%
Vanguard Portfolio Management LLC $608M 8.0M 5.4% ▲ 1.0%
Vanguard Capital Management LLC $565M 7.5M 5.0% ▲ 1.1%
Geode Capital Management, LLC $385M 5.1M 3.4% ▲ 4.8%
Morgan Stanley $312M 4.1M 2.8% ▲ 5.0%
Kayne Anderson Rudnick Investment Management LLC $290M 3.8M 2.6% ▼ 7.5%
Mairs & Power Inc $287M 3.8M 2.5% ▼ 0.5%
Fiera Capital Corp $260M 3.4M 2.3% ▼ 12.9%
Pinestone Asset Management Inc. $241M 3.2M 2.1% ▼ 12.1%
Principal Financial Group Inc $168M 2.2M 1.5% ▼ 7.0%
Norges Bank $161M 2.1M 1.4% —

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Graco Inc's complete shareholder register. Values are as reported by the filers ; 2 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $99,857 1 trade by 1 insider, last 12 months Insider sales History → $4M 7 trades by 7 insiders · 0% under pre-set plans
Net ▼ $3.9M net selling
Insider Date Trade Shares Price Value
Etchart Eric Director August 3, 2026 Sell 3,218 $80.01 $257,472
Simon Andrea Helen Director April 27, 2026 Buy 1,240 $80.53 $99,857
Wordell Angela F EVP, Chief Op and Supply Chain February 6, 2026 Sell 2,832 $93.22 $263,999
White Timothy R Pres, Expansion Division February 4, 2026 Sell 1,469 $90.70 $133,238
Gilligan J Kevin Director February 3, 2026 Sell 12,870 $89.07 $1.1M
O'Shea Peter J Pres, Global Industrial Divis February 2, 2026 Sell 8,820 $88.10 $777,042
Schoenrock Kathryn L EVP, Chief Information Officer February 2, 2026 Sell 2,223 $88.06 $195,757
Merengo Claudio Pres, Global Powder Division January 30, 2026 Sell 14,410 $87.03 $1.3M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 2 trades and filings

No trades in Graco Inc disclosed in the last 12 months; 2 earlier trades on record.

  • Lisa C. McClain(R-MI 9):Sale (full), $1,001 - $15,000, traded August 4, 2025, filed September 12, 2025
  • Lisa C. McClain(R-MI 9):Purchase, $1,001 - $15,000, traded June 17, 2025, filed August 13, 2025

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

  • January 26, 2026
  • January 27, 2025
  • January 29, 2024
  • January 30, 2023
  • January 31, 2022
  • January 25, 2021

Recent SEC filings

Data status

When each part of this page on Graco Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Graco Inc in brief

What does Graco Inc do?
Graco Inc is a US-listed company in the industrial machinery & supplies & components industry. Its financial year ends in December.
What is Graco Inc's stock ticker?
Graco Inc trades under the ticker GGG on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Graco Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Graco Inc reported revenue of $2.3B, 5.4% higher than a year earlier, according to its SEC filings.
What is Graco Inc's free cash flow?
Graco Inc's free-cash-flow margin is 26.0% of revenue over the trailing twelve months, ranking 4 of the 76 industrial machinery & supplies & components companies we cover.
What is Graco Inc's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Graco Inc's free cash flow after stock-based pay gives ~$65 per share in the base case, and ~$49–$87 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Graco Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., State Street Corp and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Graco Inc buying back stock, and does it pay a dividend?
Graco Inc spent $525M on share repurchases over the trailing twelve months, and its diluted share count fell 2.4% over the year.
What is Graco Inc's market cap?
On November 2, 2026, Graco Inc's market capitalisation was about $11.5B, with a price-to-earnings ratio of 22.2 and net debt of -$36M. Market figures come from third-party market data and may be delayed.
Does Graco Inc pay a dividend?
Yes: Graco Inc paid $191M in dividends over the trailing twelve months, a dividend yield of 1.70% and a payout ratio of 36.9%.
How much debt does Graco Inc have?
Graco Inc's debt-to-equity ratio is 4.2%, from its latest balance sheet (4.4% five years earlier). The financial health section below sets out its other solvency checks.
Who are Graco Inc's competitors?
In our Industrial Machinery & Supplies & Components peer group, the companies closest to Graco Inc are Kennametal Inc, Franklin Electric Co Inc, ATS Corp, RBC Bearings Inc and Symbotic Inc. The side-by-side comparison below sets their revenue, margins and growth against Graco Inc's.
Are insiders buying or selling Graco Inc stock?
Over the last 12 months, Graco Inc's directors and officers reported 1 open-market purchases and 7 sales on Form 4. The insider trading page charts every trade.