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GRACO INC (GGG)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-30-22Dec-31-21Dec-25-20Dec-27-19Dec-28-18Dec-29-17Dec-30-16Dec-25-15
   8-K10-K10-K10-K10-K10-K10-K10-K/A
Revenues  2,143.51,987.61,650.11,646.01,653.31,474.71,329.31,286.5
            Revenues growth  7.8%20.5%0.2%-0.4%12.1%10.9%3.3%5.4%
Cost of Goods and Services Sold   953.7795.2786.3770.8679.5618.4 
    Gross Profit  1,057.41,033.9854.9859.8882.5795.2710.9684.7
            Gross margin  49.3%52.0%51.8%52.2%53.4%53.9%53.5%53.2%
Product development  80.079.772.267.663.159.259.658.6
Selling, marketing and distribution  250.9271.5220.3234.3245.5231.4212.9201.9
General and administrative  153.8151.4135.5133.4137.5125.9125.2122.2
    Operating Earnings  572.7531.3391.7424.5436.4378.7121.1302.1
            Operating margin  26.7%26.7%23.7%25.8%26.4%25.7%9.1%23.5%
Interest expense  -9.9-10.2-11.3-13.1-14.4-16.2-17.6-17.6
Other expense, net  2.912.65.85.511.315.46.91.4
    Earnings Before Income Taxes   508.5374.7405.9    
Income taxes  105.168.644.262.069.794.756.0129.0
    Net Earnings  460.6       
   
Basic earnings per share  $2.73$2.59$1.97$2.06$2.04$1.50$0.24$2.00
Diluted earnings per share  $2.66$2.52$1.92$2.00$1.97$1.45$0.24$1.95

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