Graco(NYSE) GGG

Graco Inc. makes machines that move and spray liquids. These tools help workers paint buildings and mark road lines. The company also produces pumps for factories and vehicle garages.

What Graco Makes

• Contractor Segment: Sprayers used for painting buildings, coating roofs, and marking lines on roads or athletic fields.
• Industrial Segment: Equipment for applying foam, coatings, sealants, and adhesives in manufacturing settings.
• Expansion Markets: Solutions for semiconductor manufacturing and automatic lubrication systems for heavy machinery and vehicles.

Growth Through Targeted Acquisitions

• Acquired operations contributed 3% to total sales growth during the second quarter of 2026.
• Added $11 million in sales to the Industrial segment through acquisitions during the second quarter of 2026.
• Incorporated new businesses into the Contractor segment that provided $7 million in net sales for the three months ended June 26, 2026.
• Announced a plan to acquire Valco Melton during 2026 to further expand industrial equipment offerings.

Operating on a Global Scale

Graco maintains a global presence with sales operations across the Americas, EMEA (Europe, Middle East and Africa), and Asia Pacific regions. The company focuses on technical innovation through consistent spending on product development for diverse fluid handling needs.

Recent Financial Performance

• Net sales reached $590.6 million in the second quarter of 2026, up 3% year over year.
• Net earnings were $144.9 million for the three months ended June 26, 2026, up 14% year over year.
• Available liquidity stood at $1,279 million as of June 26, 2026, which included $508 million in cash and cash equivalents.
• Net cash provided by operating activities was $298 million for the first six months of 2026.

Bottom Line

Graco has evolved from a Minneapolis startup into a global provider of fluid management technology. Its expansion into diverse industrial and commercial markets supports its continued growth and stability.