Global Industrial Co. (GIC) intrinsic value & 10-year financials
Global Industrial Co. (GIC) has a Graham intrinsic value of $36.17 per share. At $44.15 on Oct 17, 2026, the stock trades 22% above that value. Over the last 10 fiscal years revenue grew 7.0% a year to $1.4B, with an average return on invested capital of 28.9%.
- Graham intrinsic value
- $36.17
- Share price (Oct 17, 2026)
- $44.15
- Price vs Graham value
- 22% above
- Market cap
- $1.7B
- Revenue (FY2025)
- $1.4B
- Revenue growth (10-yr CAGR)
- 7.0%
- ROIC (10-yr avg)
- 28.9%
- Free cash flow (FY2025)
- $74.7M
GIC 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.4B | $72.1M | $1.85 | $74.7M | 7.1% | 22.6% |
| FY2024 | $1.3B | $61.0M | $1.58 | $46.9M | 6.1% | 20.2% |
| FY2023 | $1.3B | $70.7M | $1.84 | $108.1M | 7.6% | 25.0% |
| FY2022 | $1.2B | $78.8M | $2.06 | $42.8M | 9.0% | 32.9% |
| FY2021 | $1.1B | $103.3M | $2.71 | $46.4M | 8.3% | 40.4% |
| FY2020 | $1.0B | $65.4M | $1.71 | $65.5M | 8.2% | 43.2% |
| FY2019 | $946.9M | $48.5M | $1.28 | $61.5M | 7.0% | 36.2% |
| FY2018 | $896.9M | $224.7M | $5.93 | -$26.8M | 6.9% | 33.3% |
| FY2017 | $791.8M | $40.4M | $1.07 | $42.8M | 9.0% | 33.5% |
| FY2016 | $753.1M | -$32.6M | -$0.88 | -$60.7M | 0.5% | 1.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
GLOBAL INDUSTRIAL Co has demonstrated mature, steady growth, with revenue compounding at 7.0% annually over the past decade.
GLOBAL INDUSTRIAL Co has earned high returns on invested capital, averaging 28.9% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
GLOBAL INDUSTRIAL Co 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, GLOBAL INDUSTRIAL Co is modeled at 7.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $36.17 per share.