Graco
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Graco's past years’ income statements indicate that its last revenue has increased compared to the previous period by 2% to $2,195,606,000. The net income raised on $506,511,000 and profit margin reached 23%. Total operating expenses were $514,178,000.

Profit Margin

Graco Inc. (NYSE:GGG): Profit margin
2014 1.22B 225.57M 18.47%
2015 1.28B 345.71M 26.87%
2016 1.32B 40.67M 3.06%
2017 1.47B 252.41M 17.12%
2018 1.65B 341.05M 20.63%
2019 1.64B 343.85M 20.89%
2020 1.65B 330.45M 20.03%
2021 1.98B 439.86M 22.13%
2022 2.14B 460.64M 21.49%
2023 2.19B 506.51M 23.07%

GGG Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
2.19B2.14B1.98B1.65B1.64B1.65B1.47B1.32B1.28B1.22B
Cost of revenue
1.03B1.08B953.65M795.17M786.28M770.75M681.69M621.05M601.78M554.39M
Gross profit
1.16B1.05B1.03B854.93M859.75M882.53M793.04M708.23M684.7M666.73M
Operating exp.
Research and development
82.82M80.00M79.65M72.19M67.55M63.12M60.10M60.60M58.55M54.24M
Selling and marketing
260.71M250.94M271.52M220.27M234.32M245.47M233.46M215.25M201.85M194.75M
Total operating expenses
514.17M484.73M502.62M427.99M435.3M446.11M432.60M402.34M382.57M357.81M
Operating income
646.84M572.7M531.32M391.71M424.45M436.42M360.44M113.87M302.12M308.92M
Other income (expenses), net
-38.04M-6.97M-22.85M-17.06M-18.57M-11.27M-31.65M-191.65M172.58M6.14M
Income before tax
608.80M565.72M508.46M374.65M405.87M410.76M347.09M96.65M474.71M315.07M
Income tax expense
102.29M105.07M68.59M44.19M62.02M69.71M94.68M55.98M129M89.5M
Net income
506.51M460.64M439.86M330.45M343.85M341.05M252.41M40.67M345.71M225.57M
Earnings per share
Basic EPS
3.012.732.591.972.072.041.50.2421.25
Diluted EPS
2.942.662.521.9221.971.450.241.951.22
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