← GRACO INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $40.7m |
$252.4m
+520.57%
|
$341.1m
+35.12%
|
$343.9m
+0.82%
|
$330.5m
-3.90%
|
$439.9m
+33.11%
|
$460.6m
+4.72%
|
$506.5m
+9.96%
|
$486.1m
-4.03%
|
$521.8m
+7.36%
|
— | |
| Depreciation, Depletion and Amortization | $48.3m | $45.6m | $47.8m | $48.9m | $55.3m | $59.3m | $66.0m | $74.3m | $86.7m | $107.4m | $107.2m | |
| Amortization of Intangible Assets | $17.8m | $14.8m | $15.6m | $15.5m | $16.7m | $17.9m | $18.9m | $17.6m | $19.0m | $28.0m | — | |
| Depreciation | $28.8m | $29.5m | $31.1m | $32.2m | $37.8m | $40.0m | $46.0m | $55.0m | $67.0m | $77.0m | $107.2m | |
| Deferred Income Tax Expense (Benefit) | ($34.2m) | $30.1m | $15.4m | ($6.6m) | $10.7m | ($46.6m) | ($10.0m) | ($8.5m) | $6.1m | ($4.5m) | ($6.3m) | |
| Share-based Payment Arrangement, Noncash Expense | $21.1m | $23.7m | $25.6m | $26.7m | $25.2m | $24.9m | $24.7m | $30.2m | $31.9m | $34.3m | $33.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $24.4m | $16.2m | $1.3m | $1.8m | $0 | $1.2m | $1.2m | $4.6m | $6.1m | — | |
| Share-based Payment Arrangement, Expense | $21.1m | $23.7m | $25.6m | $26.7m | $25.2m | $24.9m | $24.7m | $30.2m | $31.9m | $34.3m | $33.3m | |
| Goodwill, Impairment Loss | $146.7m | — | — | — | — | — | — | $7.8m | — | — | $0 | |
| Other Nonoperating Income (Expense) | $366k | $2.8m | ($11.3m) | ($5.5m) | ($5.8m) | ($12.6m) | $2.9m | ($32.9m) | $22.0m | $19.3m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Inventories | $693k | $32.0m | $30.7m | ($12.4m) | $13.1m | $97.8m | $95.7m | ($42.7m) | ($55.8m) | ($55.2m) | $47.9m | |
| Net Cash Provided by (Used in) Operating Activities | $269.1m |
$337.9m
+25.56%
|
$368.0m
+8.92%
|
$418.7m
+13.79%
|
$394.0m
-5.90%
|
$456.9m
+15.95%
|
$377.4m
-17.40%
|
$651.0m
+72.50%
|
$621.7m
-4.50%
|
$683.6m
+9.96%
|
$673.5m
-1.48%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $42.1m | $40.2m | $53.9m | $128.0m | $71.3m | $133.6m | $201.2m | $184.8m | $106.7m | $45.7m | ($44.0m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($42.1m) | ($40.2m) | — | — | — | — | — | — | — | $4.7m | ($4.7m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $48.9m | $27.9m | $10.8m | $26.6m | $27.6m | $19.4m | $25.3m | $0 | $241.8m | $135.3m | ($124.8m) | |
| Payments for (Proceeds from) Other Investing Activities | $164k | $348k | $1.6m | $939k | $143k | $347k | $362k | $499k | ($5.7m) | $3.0m | — | |
| Net Cash Provided by (Used in) Investing Activities | ($90.9m) | ($68.5m) | ($66.2m) | ($155.5m) | ($99.0m) | ($153.3m) | ($226.8m) | ($185.3m) | ($342.8m) | ($172.8m) | ($170.7m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $735.1m | $395.6m | $583.2m | $207.2m | $250.0m | $70k | $75.0m | $75.0m | $0 | — | $0 | |
| Proceeds from Issuance of Long-term Debt | $648.1m | $315.9m | $620.7m | $105.4m | $250.0m | $0 | $0 | — | — | — | $25k | |
| Payments for Repurchase of Common Stock | $50.5m | $90.2m | $244.8m | $9.5m | $102.1m | $0 | $233.4m | $102.3m | $31.4m | $423.1m | — | |
| Proceeds from Issuance of Common Stock | $32.6m | $60.7m | $24.6m | $48.2m | $83.4m | $51.0m | $35.6m | $60.2m | $70.7m | $43.0m | $64.6m | |
| Dividends paid | $73.4m | $80.5m | $88.8m | $106.4m | $117.0m | $127.1m | $142.1m | $158.3m | $172.1m | $183.4m | ($188.8m) | |
| Dividends Payable, Current | $20.1m | $22.3m | $26.5m | $29.2m | $31.6m | $35.8m | $40.0m | $42.8m | $46.6m | $48.7m | — | |
| Net Cash Provided by (Used in) Financing Activities | ($178.3m) |
($217.1m)
-21.78%
|
($282.7m)
-30.24%
|
($174.1m)
+38.43%
|
($139.5m)
+19.87%
|
($57.1m)
+59.03%
|
($434.4m)
-660.22%
|
($268.0m)
+38.30%
|
($139.9m)
+47.81%
|
($576.1m)
-311.87%
|
($529.0m)
+8.16%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $164k | ($1.0m) | $19.2m | $88.9m | $157.9m | $245.4m | ($285.1m) | $198.8m | $137.4m | ($51.3m) | $508.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $132.1m | $221.0m | $378.9m | $624.3m | $339.2m | $538.0m | $675.3m | $624.1m | $508.7m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $164k | ($1.0m) | $187k | ($358k) | $2.4m | ($1.1m) | ($1.3m) | $1.0m | ($1.6m) | $14.0m | ($1.1m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, Net | ($3.2m) | ($24.4m) | ($16.2m) | ($1.3m) | ($1.8m) | $0 | ($1.2m) | ($1.2m) | ($4.6m) | $111.3m | — | |
| Additional Financial Items | ||||||||||||
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | — | — | $42.0m | — | — | — | |
| Gain (Loss) on Disposition of Business | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| General and Administrative Expense | $126.5m | $139.0m | $137.5m | $133.4m | $135.5m | $151.4m | $153.8m | $171.4m | $191.4m | $206.2m | — | |
| Goodwill | $259.8m | $278.8m | $293.8m | $307.7m | $347.6m | $356.3m | $368.2m | $370.2m | $487.5m | $585.3m | $0 | |
| Income Tax Expense (Benefit) | $56.0m | $94.7m | $69.7m | $62.0m | $44.2m | $68.6m | $105.1m | $102.3m | $103.2m | $119.4m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $2.8m | $2.9m | — | |
| Operating Lease, Expense | — | — | — | $11.5m | $11.1m | $11.6m | $12.3m | $11.7m | $10.5m | $12.2m | — | |
| Pension Expense (Reversal of Expense), Noncash | — | — | — | — | — | — | — | $42.1m | $0 | $0 | — | |
| Proceeds from Stock Options Exercised | — | $48.8m | $11.2m | $32.7m | $66.6m | $32.6m | $15.7m | $40.7m | $49.6m | $23.7m | — | |
| Stock or Unit Option Plan Expense | — | $4.5m | $4.4m | $3.3m | $2.4m | $3.1m | ($200k) | $2.0m | $2.0m | $2.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.