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 |
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 |