GRAYBAR · Graybar Electric Co Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $12.88B | $11.65B | $11.04B | $10.53B | $8.77B | $7.27B |
| Cost of Revenue | $10.39B | $9.31B | $8.82B | $8.39B | $7.08B | $5.90B |
| Gross Profit | $2.49B | $2.34B | $2.22B | $2.15B | $1.69B | $1.37B |
| R&D | - | - | - | - | - | - |
| SG&A | $1.82B | $1.69B | $1.52B | $1.44B | $1.24B | $1.10B |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $86.50M | $80.80M | $66.10M | $53.40M | $49.80M | $52.80M |
| Operating Income | $581.70M | $576.20M | $637.30M | $653.80M | $410.40M | $224.80M |
| Interest Expense | - | - | $1.00M | - | - | - |
| Income Tax | $147.30M | $149.10M | $164.90M | $155.80M | $87.90M | $44.20M |
| Net Income | $431.40M | $423.10M | $463.40M | $452.90M | $262.40M | $121.80M |
| EPS - Basic | $13.31 | $13.11 | $14.42 | $17.05 | $11.51 | $5.38 |
| EPS - Diluted | - | - | - | - | - | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $273.10M | $90.40M | $98.60M | $69.40M | $48.50M | $131.20M |
| Accounts Receivable | $2.06B | $1.82B | $1.66B | $1.67B | $1.41B | $1.11B |
| Inventory | $1.04B | $902.20M | $908.40M | $1.03B | $808.40M | $588.50M |
| Accounts Payable | $1.56B | $1.29B | $1.26B | $1.28B | $1.06B | $884.10M |
| Current Assets | $3.49B | $2.90B | $2.74B | $2.85B | $2.32B | $1.89B |
| Total Assets | $4.93B | $4.31B | $4.01B | $3.75B | $3.07B | $2.55B |
| Current Liabilities | $2.21B | $1.83B | $1.72B | $1.82B | $1.59B | $1.24B |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $2.65B | $2.26B | $2.12B | $2.22B | $1.94B | $1.62B |
| Stockholders' Equity | $2.27B | $2.04B | $1.88B | $1.52B | $1.13B | $930.50M |
| Retained Earnings | $1.82B | $1.61B | $1.42B | $1.14B | $850.30M | $725.10M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $477.00M | $379.70M | $623.10M | $352.90M | $127.50M | $301.70M |
| Investing Cash Flow | ($49.00M) | ($182.60M) | ($484.70M) | ($150.80M) | ($149.70M) | ($50.40M) |
| Financing Cash Flow | ($245.30M) | ($205.30M) | ($109.20M) | ($181.20M) | ($60.50M) | ($180.90M) |
| CapEx | $58.00M | $58.50M | $82.00M | $67.70M | $70.90M | $31.10M |
| Free Cash Flow | $419.00M | $321.20M | $541.10M | $285.20M | $56.60M | $270.60M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 19.3% | 20.1% | 20.1% | 20.4% | 19.3% | 18.8% |
| Operating margin | 4.5% | 4.9% | 5.8% | 6.2% | 4.7% | 3.1% |
| EBITDA margin | 5.2% | 5.6% | 6.4% | 6.7% | 5.2% | 3.8% |
| Net margin | 3.4% | 3.6% | 4.2% | 4.3% | 3.0% | 1.7% |
| Free cash flow margin | 3.3% | 2.8% | 4.9% | 2.7% | 0.6% | 3.7% |
| FCF / Net income | 0.97 | 0.76 | 1.17 | 0.63 | 0.22 | 2.22 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 14.2% | 14.5% | 13.8% | 13.7% | 14.1% | 15.1% |
| Effective tax rate | 25.5% | 26.1% | 26.2% | 25.6% | 25.1% | 26.6% |
| Return on assets | 8.8% | 9.8% | 11.6% | 12.1% | 8.6% | 4.8% |
| Return on equity | 19.0% | 20.7% | 24.6% | 29.8% | 23.3% | 13.1% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 1.58 | 1.59 | 1.59 | 1.57 | 1.46 | 1.52 |
| Quick ratio | 1.11 | 1.09 | 1.07 | 1.00 | 0.95 | 1.05 |
| Cash ratio | 0.12 | 0.05 | 0.06 | 0.04 | 0.03 | 0.11 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | 637.3x | - | - | - |
| Equity multiplier | 2.17 | 2.11 | 2.13 | 2.47 | 2.72 | 2.74 |
| Liabilities / Assets | 0.54 | 0.52 | 0.53 | 0.59 | 0.63 | 0.63 |
| Efficiency | ||||||
| Asset turnover | 2.61 | 2.70 | 2.76 | 2.81 | 2.86 | 2.85 |
| Inventory turnover | 10.00 | 10.32 | 9.71 | 8.17 | 8.76 | 10.02 |
| Days sales outstanding | 58d | 57d | 55d | 58d | 59d | 56d |
| Days inventory outstanding | 36d | 35d | 38d | 45d | 42d | 36d |
| Days payable outstanding | 55d | 51d | 52d | 56d | 54d | 55d |
| Cash conversion cycle | 40d | 42d | 40d | 47d | 46d | 37d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 10.6% | 5.5% | 4.8% | 20.2% | 20.7% | 9.6% |
| Revenue CAGR (3y) | 6.9% | 9.9% | 15.0% | 16.7% | - | 4.4% |
| Revenue CAGR (5y) | 12.1% | 11.9% | - | 10.5% | 8.0% | 5.1% |
| Gross profit growth (YoY) | 6.5% | 5.1% | 3.6% | 27.1% | 23.3% | -4.2% |
| Operating income growth (YoY) | 1.0% | -9.6% | -2.5% | 59.3% | 82.6% | 0.5% |
| Net income growth (YoY) | 2.0% | -8.7% | 2.3% | 72.6% | 115.4% | -15.7% |
| EPS growth (YoY) | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | 30.4% | -40.6% | 89.7% | 403.9% | -79.1% | 31.2% |
| FCF CAGR (5y) | 9.1% | 9.3% | - | 137.4% | -6.0% | 64.2% |
| Book value growth (YoY) | 11.1% | 8.5% | 23.7% | 34.9% | 21.1% | 4.2% |
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
3.83
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- -No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Wholesale-Electrical Apparatus & Equipment, Wiring Supplies
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| WCC | $23.51B | 2.7% | 12.7% |
Comparing GRAYBAR ELECTRIC CO INC against the 1 most active filer in the same SIC group.