0000042888-26-000081
SEC filingGraco Inc. reported strong financial results for fiscal year 2025, ending December 26, 2025. The company achieved net sales of $2.24 billion, generating gross profit of $1.17 billion and net earnings of $521.8 million. Operating earnings were $624.8 million, representing an operating margin of 27.9%. The company maintained solid profitability with basic and diluted earnings per share of $3.00. Cash flow from operations was robust at $683.6 million, though net cash decreased by $51.3 million due to significant investing and financing activities including business acquisitions of $135.3 million and common stock repurchases of $423.1 million. The balance sheet remains strong with total assets of $3.27 billion and shareholders' equity of $2.65 billion, providing a solid foundation for future growth.
Graco Inc. delivered solid financial performance for fiscal year 2025, with net sales of $2.24 billion. The company achieved gross profit of $1.17 billion, representing a gross margin of 52.2%. Operating earnings were $624.8 million, resulting in an operating margin of 27.9%. Net earnings reached $521.8 million, with both basic and diluted earnings per share at $3.00. The company generated strong operating cash flow of $683.6 million, though net cash decreased by $51.3 million due to significant investing and financing activities. The balance sheet remains healthy with total assets of $3.27 billion and shareholders' equity of $2.65 billion.
No segment breakdown or geographic mix data was provided in the available financial data. The company reported total net sales of $2.24 billion for the fiscal year ending December 26, 2025. The cost of products sold was $1.06 billion, resulting in gross profit of $1.17 billion. No specific revenue drivers or segment performance details were disclosed in the provided financial statements.
Graco maintained strong profitability metrics throughout fiscal year 2025. The gross margin was 52.2%, calculated from gross profit of $1.17 billion on net sales of $2.24 billion. Operating margin was 27.9%, derived from operating earnings of $624.8 million. The company's cost structure included product development expenses of $82.3 million, selling, marketing and distribution expenses of $273.9 million, and general and administrative expenses of $206.2 million. Contingent consideration provided a benefit of $14.1 million, while impairment charges were zero.
The company generated robust operating cash flow of $683.6 million, primarily driven by net earnings of $521.8 million and adjustments including depreciation and amortization of $107.4 million. Investing activities used $172.8 million, with significant outflows for business acquisitions ($135.3 million) and property, plant and equipment additions ($45.7 million). Financing activities used $576.1 million, dominated by common stock repurchases of $423.1 million and cash dividends paid of $183.4 million. The balance sheet shows total assets of $3.27 billion, including current assets of $1.47 billion (with cash and equivalents of $624.1 million) and property, plant and equipment of $755.1 million. Total liabilities were $467.3 million in current liabilities and $153.1 million in non-current liabilities, resulting in shareholders' equity of $2.65 billion.
No specific management guidance, strategic priorities, or risk factors were provided in the available financial data. The filing does not include forward-looking statements or outlook information in the provided sections. Investors should refer to the complete 10-K filing for comprehensive discussion of future prospects, strategic initiatives, and risk factors that may affect the company's performance in upcoming periods.