Graco Inc (N:GGG)

Sector:  Industrials Industry:  Industrial Machinery & Equipment
 
See Regulatory Filings on SEC
Company Contact
Address: 88 11th Ave NE
MINNEAPOLIS MN 55413-1829
Tel: 1-612-6236770
Website: https://www.graco.com
IR: See website
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Key People
Mark W. Sheahan
President, Chief Executive Officer, Director
Ronita Banerjee
Chief Human Resource Officer, Executive Vice President
David M. Lowe
Chief Financial Officer, Treasurer
Caroline M. Chambers
President - EMEA
Anthony J. Gargano
President, Asia Pacific
Claudio Merengo
President of Worldwide Gema
Peter J. O'shea
President - Worldwide Lubrication Equipment Division, and President, South and Central America
Christian E. Rothe
President - Worldwide Industrial Division
David J. Thompson
President - Worldwide Contractor Equipment Division
Timothy R. White
President - Worldwide Process Division
   
Business Overview
Graco Inc. is a manufacturing company. It supplies technology and expertise for the management of fluids and coatings in industrial and commercial applications. It operates through three segments: Contractor, Industrial and Process. Contractor segment offers sprayers that apply paint to walls and other structures, with product models for users ranging from do-it-yourself homeowners to professional contractors. It also manufactures two-component proportioning systems that are used to spray polyurethane foam (spray foam) and polyurea coatings. Industrial segment includes the Industrial and Powder divisions. The Industrial segment markets equipment and solutions for moving and applying paints, coatings, sealants, adhesives and other fluids. Process segment includes the Process and Lubrication divisions. The Process segment markets pumps, valves, meters and accessories to move and dispense chemicals, oil and natural gas, water, wastewater, petroleum, food, lubricants and other fluids.
Financial Overview
For the fiscal year ended 29 December 2023, Graco Inc revenues increased 2% to $2.2B. Net income increased 10% to $506.5M. Revenues reflect Process segment increase of 11% to $547.1M, Industrial segment increase of 2% to $662.8M, United States segment increase of 4% to $1.16B, Other countries segment increase of 1% to $1.03B. Net income benefited from Process segment income increase of 35% to $165.3M.
Employees: 4,000 as of Dec 29, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $14,548M as of Mar 29, 2024
Annual revenue (TTM): $2,196M as of Mar 29, 2024
EBITDA (TTM): $728.96M as of Mar 29, 2024
Net annual income (TTM): $506.51M as of Mar 29, 2024
Free cash flow (TTM): $307.92M as of Mar 29, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 168,508,403 as of Feb 26, 2024
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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