Graybar stock price, funding rounds, valuation and financials

Graybar annual revenue was $7.52 b in FY 2019

$7.5 B

Graybar Revenue 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

Embed Graph

Founding Date	1869

USD	FY, 2016	FY, 2017	FY, 2018	FY, 2019
Revenue	6.4b	6.6b	7.2b	7.5b
Revenue growth, %	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
Gross profit Margin, %	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
EBIT margin, %	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
Gross profit Margin, %	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
EBIT margin, %	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	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019
Cash	69.5m	43.9m	51.8m	62.8m	47.1m	56.9m	85.0m	55.2m	69.6m
Accounts Receivable	941.1m	1.0b	1.1b	1.1b	1.1b	1.2b	1.1b	1.2b	1.2b
Inventories	564.6m	585.5m	610.9m	616.8m	619.3m	661.5m	696.3m	689.5m	633.2m
Current Assets	1.6b	1.7b	1.7b	1.8b	1.8b	2.0b	2.0b	2.0b	1.9b
PP&E	423.1m	423.0m	422.1m	421.2m	422.2m	420.7m	419.5m	415.6m	414.5m
Total Assets	2.1b	2.2b	2.3b	2.3b	2.4b	2.5b	2.6b	2.6b	2.6b
Accounts Payable	808.8m	831.7m	835.9m	885.0m	894.0m	951.5m	925.3m	953.1m	903.2m
Short-term debt	169.1m	210.6m	218.8m	183.4m	233.4m	249.4m	223.8m	190.4m	113.8m
Current Liabilities	1.1b	1.2b	1.2b	1.2b	1.3b	1.4b	1.4b	1.4b	1.3b
Long-term debt	6.9m	6.6m	7.1m	8.4m	8.8m	10.0m	8.7m	8.5m	100.2m
Total Debt	176.0m	217.2m	225.8m	191.8m	242.2m	259.4m	232.5m	198.9m	214.0m
Total Liabilities	1.4b	1.5b	1.5b	1.5b	1.6b	1.6b	1.7b	1.7b	1.6b
Common Stock	353.4m	353.9m	351.9m	391.4m	390.6m	389.8m	432.1m	430.5m	429.1m
Retained Earnings	587.8m	615.8m	639.9m	635.9m	674.6m	722.3m	705.9m	746.4m	788.9m
Total Equity	752.4m	785.9m	816.0m	784.5m	824.8m	878.9m	908.3m	952.2m	997.1m
Debt to Equity Ratio	0.2 x	0.3 x	0.3 x	0.2 x	0.3 x	0.3 x	0.3 x	0.2 x	0.2 x
Debt to Assets Ratio	0.1 x	0.1 x	0.1 x	0.1 x	0.1 x	0.1 x	0.1 x	0.1 x	0.1 x
Financial Leverage	2.9 x	2.8 x	2.8 x	2.9 x	2.9 x	2.8 x	2.8 x	2.7 x	2.6 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