Graco Inc (GGG)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	570,098	646,843	572,700	531,323	391,718
Revenue	US$ in thousands	2,113,320	2,195,610	2,143,520	1,987,610	1,650,120
Operating profit margin		26.98%	29.46%	26.72%	26.73%	23.74%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $570,098K ÷ $2,113,320K
= 26.98%

Graco Inc's operating profit margin has exhibited a generally positive trend over the past five years, starting at 23.74% on December 31, 2020, and peaking at 29.46% on December 31, 2023. This signifies an improvement in the company's ability to generate profits from its core operations. While there was a slight dip to 26.98% on December 31, 2024, the margin remains relatively solid compared to the starting point. Overall, the trend indicates effective cost management and operational efficiency, reflecting positively on Graco Inc's financial performance in recent years.

Peer comparison

Dec 31, 2024

Company name

Symbol

Operating profit margin

Graco Inc

GGG

26.98%

Enovis Corp

ENOV

-36.81%

Flowserve Corporation