Graco Income Before Tax from 2010 to 2024

GGG Stock  USD 86.22  0.01  0.01%   
Graco's Income Before Tax is increasing over the last several years with slightly volatile swings. Income Before Tax is estimated to finish at about 639.2 M this year. During the period from 2010 to 2024 Graco Inc Income Before Tax regressed destribution of quarterly values had coefficient of variationof  49.98 and r-value of  0.86. View All Fundamentals
 
Income Before Tax  
First Reported
1989-12-31
Previous Quarter
165.2 M
Current Value
151.3 M
Quarterly Volatility
48.4 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Graco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Graco's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76.2 M, Interest Expense of 5.5 M or Selling General Administrative of 120.1 M, as well as many indicators such as Price To Sales Ratio of 7.22, Dividend Yield of 0.0088 or PTB Ratio of 6.01. Graco financial statements analysis is a perfect complement when working with Graco Valuation or Volatility modules.
  
Check out the analysis of Graco Correlation against competitors.

Latest Graco's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Graco Inc over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Graco income statement and is an important metric when analyzing Graco Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Graco's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Graco's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Graco Income Before Tax Regression Statistics

Arithmetic Mean364,749,207
Geometric Mean274,730,922
Coefficient Of Variation49.98
Mean Deviation142,699,526
Median374,651,000
Standard Deviation182,285,573
Sample Variance33228T
Range630.9M
R-Value0.86
Mean Square Error9470.6T
R-Squared0.74
Significance0.000044
Slope34,952,763
Total Sum of Squares465192.4T

Graco Income Before Tax History

2024639.2 M
2023608.8 M
2022565.7 M
2021508.5 M
2020374.7 M
2019405.9 M
2018410.8 M

About Graco Financial Statements

Graco stakeholders use historical fundamental indicators, such as Graco's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Graco investors may analyze each financial statement separately, they are all interrelated. For example, changes in Graco's assets and liabilities are reflected in the revenues and expenses on Graco's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Graco Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax608.8 M639.2 M

Currently Active Assets on Macroaxis

When determining whether Graco Inc is a strong investment it is important to analyze Graco's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Graco's future performance. For an informed investment choice regarding Graco Stock, refer to the following important reports:
Check out the analysis of Graco Correlation against competitors.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Graco. If investors know Graco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Graco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Dividend Share
1.02
Earnings Share
2.83
Revenue Per Share
12.64
Quarterly Revenue Growth
(0.04)
The market value of Graco Inc is measured differently than its book value, which is the value of Graco that is recorded on the company's balance sheet. Investors also form their own opinion of Graco's value that differs from its market value or its book value, called intrinsic value, which is Graco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Graco's market value can be influenced by many factors that don't directly affect Graco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Graco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Graco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.