Graybar annual revenue was $7.52 b in FY 2019

Graybar Gross profit (FY, 2019)1.4 B

Graybar Gross profit margin (FY, 2019), %19%

Graybar Net income (FY, 2019)144.9 M

Graybar EBIT (FY, 2019)223.6 M

Graybar Cash, 31-Dec-201960.8 M

Graybar revenue was $7.52 b in FY, 2019

## Founding Date | 1869 |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Revenue | 6.4b | 6.6b | 7.2b | 7.5b |

| 4% | 4% | 9% | |

## Cost of goods sold | 5.2b | 5.4b | 5.8b | 6.1b |

## Gross profit | 1.2b | 1.3b | 1.4b | 1.4b |

| 19% | 19% | 19% | 19% |

## General and administrative expense | 1.0b | 1.0b | 1.1b | |

## Operating expense total | 1.0b | 1.0b | 1.1b | 1.2b |

## Depreciation and amortization | 47.9m | 48.9m | 49.6m | |

## EBIT | 157.1m | 171.8m | 209.7m | 223.6m |

| 2% | 3% | 3% | 3% |

## Interest expense | 3.6m | 4.3m | ||

## Pre tax profit | 153.5m | 167.5m | 179.1m | 199.9m |

## Income tax expense | 60.2m | 95.6m | 35.4m | 58.7m |

## Net Income | 93.3m | 71.9m | 143.7m | 144.9m |

USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 1.5b | 1.7b | 1.7b | 1.6b | 1.8b | 1.9b | 1.8b | 1.9b | 2.0b |

## Cost of goods sold | 1.2b | 1.4b | 1.4b | 1.3b | 1.5b | 1.5b | 1.4b | 1.6b | 1.6b |

## Gross profit | 299.8m | 322.9m | 322.0m | 311.4m | 351.2m | 353.4m | 338.7m | 367.7m | 377.8m |

| 20% | 19% | 19% | 19% | 19% | 19% | 19% | 19% | 19% |

## General and administrative expense | 258.0m | 257.3m | 260.8m | 263.4m | 270.8m | 276.3m | 237.5m | 284.5m | 293.0m |

## Operating expense total | 258.0m | 257.3m | 260.8m | 263.4m | 270.8m | 276.3m | 237.5m | 284.5m | 305.6m |

## Depreciation and amortization | 11.9m | 12.1m | 12.2m | 12.1m | 12.4m | 12.5m | 12.5m | 12.6m | 12.6m |

## EBIT | 30.5m | 56.9m | 50.5m | 36.8m | 68.7m | 65.5m | 54.0m | 71.1m | 72.8m |

| 2% | 3% | 3% | 2% | 4% | 4% | 3% | 4% | 4% |

## Interest expense | 797.0k | 1.1m | 1.2m | ||||||

## Pre tax profit | 29.7m | 55.9m | 49.3m | 29.3m | 61.2m | 57.7m | 47.4m | 64.8m | 66.9m |

## Income tax expense | 12.0m | 22.5m | 19.8m | 8.1m | 16.6m | 4.0m | 13.0m | 17.8m | 17.9m |

## Net Income | 17.7m | 33.4m | 29.6m | 21.2m | 44.6m | 53.7m | 34.4m | 47.0m | 49.0m |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Cash | 43.3m | 42.8m | 58.9m | 60.8m |

## Accounts Receivable | 964.2m | 1.1b | 1.2b | 1.1b |

## Inventories | 516.7m | 579.4m | 658.7m | 654.2m |

## Current Assets | 1.5b | 1.7b | 2.0b | 1.9b |

## PP&E | 428.1m | 424.9m | 423.9m | 425.2m |

## Total Assets | 2.1b | 2.3b | 2.5b | 2.5b |

## Accounts Payable | 752.2m | 835.9m | 895.2m | 832.3m |

## Short-term debt | 144.6m | 171.7m | 238.4m | 32.4m |

## Current Liabilities | 1.1b | 1.2b | 1.4b | 1.3b |

## Long-term debt | 7.3m | 7.0m | 10.0m | 104.0m |

## Total Debt | 151.9m | 9.1m | 248.4m | 136.4m |

## Total Liabilities | 1.4b | 1.5b | 1.6b | 1.6b |

## Common Stock | 348.8m | 387.7m | 428.8m | 449.5m |

## Retained Earnings | 575.4m | 619.9m | 678.1m | |

## Total Equity | 730.9m | 761.5m | 870.5m | 897.8m |

## Debt to Equity Ratio | 0.2 x | 0 x | 0.3 x | |

## Debt to Assets Ratio | 0.1 x | 0 x | 0.1 x | |

## Financial Leverage | 2.9 x | 3 x | 2.9 x | 2.8 x |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Net Income | 93.3m | 71.9m | 143.7m | 144.9m |

## Depreciation and Amortization | 47.9m | 48.9m | 49.6m | 50.5m |

## Accounts Receivable | (18.6m) | (97.4m) | (125.4m) | 92.2m |

## Inventories | 16.5m | (62.6m) | (101.9m) | 4.5m |

## Accounts Payable | (25.5m) | 83.8m | 59.7m | (62.8m) |

## Cash From Operating Activities | 112.2m | 45.1m | 42.1m | 249.4m |

## Purchases of PP&E | (35.2m) | (41.3m) | (43.0m) | (43.1m) |

## Capital Expenditures | 3.7m | |||

## Cash From Investing Activities | (91.1m) | (39.2m) | (42.3m) | (39.4m) |

## Long-term Borrowings | (6.7m) | (4.3m) | (4.0m) | (2.1m) |

## Dividends Paid | (49.9m) | (35.4m) | (46.9m) | (107.2m) |

## Cash From Financing Activities | (15.7m) | (6.5m) | 16.3m | (208.1m) |

## Net Change in Cash | 5.4m | (582.0k) | 16.1m | 1.9m |

## Interest Paid | 3.7m | 4.2m | 6.3m | 6.1m |

## Income Taxes Paid | 36.8m | 78.4m | 38.3m | 60.7m |

## Free Cash Flow | 245.7m |

USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 17.7m | 51.1m | 80.7m | 21.2m | 65.7m | 119.4m | 34.4m | 81.4m | 130.4m |

## Depreciation and Amortization | 11.9m | 24.0m | 36.2m | 12.1m | 24.4m | 36.9m | 12.5m | 25.1m | 37.7m |

## Accounts Receivable | 23.1m | (69.9m) | (86.4m) | 10.8m | (87.9m) | (148.4m) | 62.8m | 4.2m | 11.7m |

## Inventories | (47.9m) | (68.8m) | (94.1m) | (40.8m) | (43.3m) | (85.5m) | (37.6m) | (30.8m) | 25.5m |

## Accounts Payable | 56.7m | 79.6m | 83.8m | 49.1m | 58.1m | 115.6m | 30.1m | 57.9m | 8.0m |

## Cash From Operating Activities | 8.4m | (43.1m) | (27.9m) | 21.1m | (25.5m) | (17.2m) | 50.5m | 69.7m | 177.7m |

## Purchases of PP&E | (6.2m) | (17.7m) | (26.7m) | (8.4m) | (19.3m) | (27.3m) | (5.0m) | (11.4m) | (21.4m) |

## Cash From Investing Activities | (6.1m) | (16.0m) | (24.7m) | (7.8m) | (19.0m) | (26.8m) | (4.9m) | (11.2m) | (21.2m) |

## Short-term Borrowings | (15.0m) | (48.5m) | 125.0m | ||||||

## Long-term Borrowings | (2.1m) | (2.8m) | (3.6m) | (2.3m) | (3.0m) | (3.6m) | (2.1m) | (2.6m) | (3.2m) |

## Dividends Paid | (5.3m) | (10.6m) | (15.9m) | (5.9m) | (11.7m) | (17.6m) | (6.5m) | (13.0m) | (19.3m) |

## Cash From Financing Activities | 23.9m | 59.6m | 61.0m | 6.7m | 48.8m | 58.1m | (19.5m) | (62.2m) | (145.8m) |

## Net Change in Cash | 26.2m | 566.0k | 8.5m | 20.0m | 4.3m | 14.1m | 26.1m | (3.7m) | 10.7m |

USD | Y, 2019 |
---|---|

## Financial Leverage | 2.8 x |

Graybar's Customers was reported to be 145 k in FY, 2018.

FY, 2016 | FY, 2017 | FY, 2018 | |
---|---|---|---|

## Customers | 145 k | 145 k | 145 k |

## Distribution Centers (US) | 17 | 18 | 19 |

## Distribution Facilities Leased (Canada) | 11 | 11 | 12 |

## Distribution Facilities Leased (US) | 105 | 102 | 102 |

## Distribution Facilities Owned (Canada) | 19 | 19 | 19 |

## Distribution Facilities Owned (US) | 116 | 116 | 116 |

## Products | 1 m | 1 m | 1 m |

## Products in Stock | 110 k | 105 k | 110 k |

## Suppliers | 4.50 k | 4.50 k | 4.50 k |