Graco Inc. (GGG) intrinsic value & 10-year financials
Graco Inc. (GGG) has a Graham intrinsic value of $102.30 per share. At $81.99 on Oct 17, 2026, the stock trades 20% below that value. Over the last 10 fiscal years revenue grew 6.0% a year to $2.2B, with an average return on invested capital of 30.7%.
- Graham intrinsic value
- $102.30
- Share price (Oct 17, 2026)
- $81.99
- Price vs Graham value
- 20% below
- Market cap
- $13.9B
- Revenue (FY2025)
- $2.2B
- Revenue growth (10-yr CAGR)
- 6.0%
- ROIC (10-yr avg)
- 30.7%
- Free cash flow (FY2025)
- $637.9M
GGG 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.2B | $521.8M | $3.08 | $637.9M | 27.9% | 25.6% |
| FY2024 | $2.1B | $486.1M | $2.82 | $515.0M | 27.0% | 26.0% |
| FY2023 | $2.2B | $506.5M | $2.94 | $466.2M | 29.5% | 32.5% |
| FY2022 | $2.1B | $460.6M | $2.66 | $176.2M | 26.7% | 32.4% |
| FY2021 | $2.0B | $439.9M | $2.52 | $323.3M | 26.7% | 39.2% |
| FY2020 | $1.7B | $330.5M | $1.92 | $322.7M | 23.7% | 33.3% |
| FY2019 | $1.6B | $343.9M | $2.00 | $290.8M | 25.8% | 38.3% |
| FY2018 | $1.7B | $341.1M | $1.97 | $314.1M | 26.4% | 41.9% |
| FY2017 | $1.5B | $252.4M | $1.45 | $297.7M | 24.4% | 31.3% |
| FY2016 | $1.3B | $40.7M | $0.24 | $227.0M | 8.6% | 6.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
GRACO INC has demonstrated mature, steady growth, with revenue compounding at 6.0% annually over the past decade.
GRACO INC has earned high returns on invested capital, averaging 30.7% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
GRACO INC has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, GRACO INC is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $102.30 per share.