GRAYBAR ELECTRIC COMPANY, INC.

EDGAR

Annual consolidated revenue for 2025: about Unit12 12.88B, using the latest reported figures. The previous period, 2024, was about Unit12 11.65B.

Watchlist

Latest quarter

Revenue

4.02 billion Unit1

2026 Q3 · Unit1

Exact inputs and evidence
  • Revenue: 4024700000 Unit1 Source

Operating margin

5.7%

2026 Q3 · %

Exact inputs and evidence
  • Operating Income: 229300000 Unit1 Source
  • Revenue: 4024700000 Unit1 Source

Operating cash flow

263 million Unit1

2026 Q3 · Unit1

Exact inputs and evidence
  • Operating Cash Flow: 512600000 Unit1 Source
  • Operating Cash Flow: 249300000 Unit1 Source

Free cash flow

218 million Unit1

2026 Q3 · Unit1

Exact inputs and evidence
  • Operating Cash Flow: 512600000 Unit1 Source
  • Operating Cash Flow: 249300000 Unit1 Source
  • Capital Expenditure: 98100000 Unit1 Source
  • Capital Expenditure: 52700000 Unit1 Source
Cash and cash equivalents
396 million Unit1 Source
Exact value

395700000 Unit1

Long-term debt including current maturities
700 thousand Unit1 Source
Exact value

700000 Unit1

Shares outstanding
32.9 million Unit12 Source
Exact value

32938079 Unit12

Reported share-count change

1.71% · 553 thousand Unit12

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 32385235 Unit12 · 2025-09-30· Source
  • 32938079 Unit12 · 2026-09-30· Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-26.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 9 of 11 periods available· newest 2025-12-31
  • Operating income: 9 of 11 periods available· newest 2025-12-31
  • Net income: 9 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 9 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 9 of 11 periods available· newest 2025-12-31
  • Total assets: Multiple units; comparison withheld· newest 2025-12-31
  • Total liabilities: Multiple units; comparison withheld· newest 2025-12-31
  • Current assets: Multiple units; comparison withheld· newest 2025-12-31
  • Current liabilities: Multiple units; comparison withheld· newest 2025-12-31
  • Cash and cash equivalents: Multiple units; comparison withheld· newest 2025-12-31
  • Long-term debt including current maturities: 2 of 11 periods available· newest 2025-12-31
  • Shares outstanding: Multiple units; comparison withheld· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +10.6%

    Prior period

    Unit12 11.65 billion

    –

    Current period

    Unit12 12.88 billion

    –

    Exact inputs and evidence

    12875600000 − 11645500000 = 1230100000 Unit12

    11645500000 Unit12 · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    12875600000 Unit12 · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    +2%

    Prior period

    Unit12 423.1 million

    –

    Current period

    Unit12 431.4 million

    –

    Exact inputs and evidence

    431400000 − 423100000 = 8300000 Unit12

    423100000 Unit12 · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    431400000 Unit12 · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    +25.6%

    Prior period

    Unit12 379.7 million

    –

    Current period

    Unit12 477 million

    –

    Exact inputs and evidence

    477000000 − 379700000 = 97300000 Unit12

    379700000 Unit12 · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    477000000 Unit12 · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Capital expenditure

    -0.9%

    Prior period

    Unit12 58.5 million

    –

    Current period

    Unit12 58 million

    –

    Exact inputs and evidence

    58000000 − 58500000 = -500000 Unit12

    58500000 Unit12 · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    58000000 Unit12 · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue Unit12 12.88 billion 100% of revenue
  • Operating costs Derived Unit12 12.29 billion 95% of revenue
  • Operating income Unit12 581.7 million 4.5% of revenue
  • Tax, interest and other Derived Unit12 150.3 million 1.2% of revenue
  • Net income Unit12 431.4 million 3.4% of revenue

Cash

  • Operating cash flow Unit12 477 million 3.7% of revenue
  • Capital expenditure Unit12 58 million 0.5% of revenue
  • Free cash flow Derived Unit12 419 million 3.3% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2017 97%
  • 2018 97%
  • 2019 97%
  • 2020 97%
  • 2021 95%
  • 2022 94%
  • 2023 94%
  • 2024 95%
  • 2025 95%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2017 2017-01-01 – 2017-12-316631200000 6438900000 Derived 192300000 120700000 Derived 71600000 3800000 Derived
Source
2018 2018-01-01 – 2018-12-317202500000 6992800000 Derived 209700000 66400000 Derived 143300000 -900000 Derived
Source
2019 2019-01-01 – 2019-12-317523900000 7300300000 Derived 223600000 79100000 Derived 144500000 206300000 Derived
Source
2020 2020-01-01 – 2020-12-317265700000 7040900000 Derived 224800000 103000000 Derived 121800000 270600000 Derived
Source
2021 2021-01-01 – 2021-12-318767300000 8356900000 Derived 410400000 148000000 Derived 262400000 56600000 Derived
Source
2022 2022-01-01 – 2022-12-3110534400000 9880600000 Derived 653800000 200900000 Derived 452900000 285200000 Derived
Source
2023 2023-01-01 – 2023-12-3111042400000 10405100000 Derived 637300000 173900000 Derived 463400000 541100000 Derived
Source
2024 2024-01-01 – 2024-12-3111645500000 11069300000 Derived 576200000 153100000 Derived 423100000 321200000 Derived
Source
2025 2025-01-01 – 2025-12-3112875600000 12293900000 Derived 581700000 150300000 Derived 431400000 419000000 Derived
Source

Amounts are exact, in Unit12.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

Unit12 12.9B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.13.9B10.4B7.0B3.5B0.0201720212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(Unit12)Source evidence
2017Revenue6631200000
2018Revenue7202500000
2019Revenue7523900000
2020Revenue7265700000
2021Revenue8767300000
2022Revenue10534400000
2023Revenue11042400000
2024Revenue11645500000
2025Revenue12875600000

Revenue growth

Change in revenue from the same financial period one year earlier.

10.6% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.22.6%15.6%8.6%1.6%-5.4%201720212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2017Year over yearNo prior comparable period
2018Year over year8.6%
2019Year over year4.5%
2020Year over year-3.4%
2021Year over year20.7%
2022Year over year20.2%
2023Year over year4.8%
2024Year over year5.5%
2025Year over year10.6%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 4.5% 2025
Net margin 3.4% 2025
Free cash flow margin 3.3% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.6.7%4.9%3.1%1.3%-0.5%201720212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2017Operating margin2.9%
2018Operating margin2.9%
2019Operating margin3%
2020Operating margin3.1%
2021Operating margin4.7%
2022Operating margin6.2%
2023Operating margin5.8%
2024Operating margin4.9%
2025Operating margin4.5%
2017Net margin1.1%
2018Net margin2%
2019Net margin1.9%
2020Net margin1.7%
2021Net margin3%
2022Net margin4.3%
2023Net margin4.2%
2024Net margin3.6%
2025Net margin3.4%
2017Free cash flow margin0.1%
2018Free cash flow margin-0%
2019Free cash flow margin2.7%
2020Free cash flow margin3.7%
2021Free cash flow margin0.6%
2022Free cash flow margin2.7%
2023Free cash flow margin4.9%
2024Free cash flow margin2.8%
2025Free cash flow margin3.3%

Operating cash flow

Cash generated by the company’s normal business operations.

Unit12 477M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.672.9M504.7M336.5M168.2M0.0201720212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(Unit12)Source evidence
2017Operating cash flow45100000
2018Operating cash flow42100000
2019Operating cash flow249400000
2020Operating cash flow301700000
2021Operating cash flow127500000
2022Operating cash flow352900000
2023Operating cash flow623100000
2024Operating cash flow379700000
2025Operating cash flow477000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Unit12 419M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.584.5M427.3M270.1M112.9M-44.3M201720212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(Unit12)Source evidence
2017Free cash flow3800000
2018Free cash flow-900000
2019Free cash flow206300000
2020Free cash flow270600000
2021Free cash flow56600000
2022Free cash flow285200000
2023Free cash flow541100000
2024Free cash flow321200000
2025Free cash flow419000000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2017-12-31Liabilities / assetsNot reportedNo source recorded
2018-12-31Liabilities / assetsNot reportedNo source recorded
2019-12-31Liabilities / assetsNot reportedNo source recorded
2020-12-31Liabilities / assetsNot reportedNo source recorded
2021-12-31Liabilities / assetsNot reportedNo source recorded
2022-12-31Liabilities / assetsNot reportedNo source recorded
2023-12-31Liabilities / assetsNot reportedNo source recorded
2024-12-31Liabilities / assetsNot reportedNo source recorded
2025-12-31Liabilities / assetsNot reportedNo source recorded

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2017-12-31Current assets / current liabilitiesNot reportedNo source recorded
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019-12-31Current assets / current liabilitiesNot reportedNo source recorded
2020-12-31Current assets / current liabilitiesNot reportedNo source recorded
2021-12-31Current assets / current liabilitiesNot reportedNo source recorded
2022-12-31Current assets / current liabilitiesNot reportedNo source recorded
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024-12-31Current assets / current liabilitiesNot reportedNo source recorded
2025-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2017 2017-01-01 – 2017-12-31
Unit12 71.6 million
Exact value

Exact value: 71600000 Unit12

2017-01-01 – 2017-12-31: 71600000 Unit12 Inspect Net Income Open source
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Unit12 45.1 million
Exact value

Exact value: 45100000 Unit12

2017-01-01 – 2017-12-31: 45100000 Unit12 Inspect Operating Cash Flow Open source
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Unit12 41.3 million
Exact value

Exact value: 41300000 Unit12

2017-01-01 – 2017-12-31: 41300000 Unit12 Inspect Capital Expenditure Open source
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Unit12 3.8 million
Calculation and evidence

45100000 − 41300000 Unit12

Exact free cash flow: 3800000 Unit12

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2018 2018-01-01 – 2018-12-31
Unit12 143.3 million
Exact value

Exact value: 143300000 Unit12

2018-01-01 – 2018-12-31: 143300000 Unit12 Inspect Net Income Open source
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Unit12 42.1 million
Exact value

Exact value: 42100000 Unit12

2018-01-01 – 2018-12-31: 42100000 Unit12 Inspect Operating Cash Flow Open source
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Unit12 43 million
Exact value

Exact value: 43000000 Unit12

2018-01-01 – 2018-12-31: 43000000 Unit12 Inspect Capital Expenditure Open source
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−Unit12 900,000
Calculation and evidence

42100000 − 43000000 Unit12

Exact free cash flow: -900000 Unit12

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2019 2019-01-01 – 2019-12-31
Unit12 144.5 million
Exact value

Exact value: 144500000 Unit12

2019-01-01 – 2019-12-31: 144500000 Unit12 Inspect Net Income Open source
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Unit12 249.4 million
Exact value

Exact value: 249400000 Unit12

2019-01-01 – 2019-12-31: 249400000 Unit12 Inspect Operating Cash Flow Open source
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Unit12 43.1 million
Exact value

Exact value: 43100000 Unit12

2019-01-01 – 2019-12-31: 43100000 Unit12 Inspect Capital Expenditure Open source
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Unit12 206.3 million
Calculation and evidence

249400000 − 43100000 Unit12

Exact free cash flow: 206300000 Unit12

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2020 2020-01-01 – 2020-12-31
Unit12 121.8 million
Exact value

Exact value: 121800000 Unit12

2020-01-01 – 2020-12-31: 121800000 Unit12 Inspect Net Income Open source
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Unit12 301.7 million
Exact value

Exact value: 301700000 Unit12

2020-01-01 – 2020-12-31: 301700000 Unit12 Inspect Operating Cash Flow Open source
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Unit12 31.1 million
Exact value

Exact value: 31100000 Unit12

2020-01-01 – 2020-12-31: 31100000 Unit12 Inspect Capital Expenditure Open source
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Unit12 270.6 million
Calculation and evidence

301700000 − 31100000 Unit12

Exact free cash flow: 270600000 Unit12

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2021 2021-01-01 – 2021-12-31
Unit12 262.4 million
Exact value

Exact value: 262400000 Unit12

2021-01-01 – 2021-12-31: 262400000 Unit12 Inspect Net Income Open source
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Unit12 127.5 million
Exact value

Exact value: 127500000 Unit12

2021-01-01 – 2021-12-31: 127500000 Unit12 Inspect Operating Cash Flow Open source
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Unit12 70.9 million
Exact value

Exact value: 70900000 Unit12

2021-01-01 – 2021-12-31: 70900000 Unit12 Inspect Capital Expenditure Open source
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Unit12 56.6 million
Calculation and evidence

127500000 − 70900000 Unit12

Exact free cash flow: 56600000 Unit12

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2022 2022-01-01 – 2022-12-31
Unit12 452.9 million
Exact value

Exact value: 452900000 Unit12

2022-01-01 – 2022-12-31: 452900000 Unit12 Inspect Net Income Open source
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Unit12 352.9 million
Exact value

Exact value: 352900000 Unit12

2022-01-01 – 2022-12-31: 352900000 Unit12 Inspect Operating Cash Flow Open source
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Unit12 67.7 million
Exact value

Exact value: 67700000 Unit12

2022-01-01 – 2022-12-31: 67700000 Unit12 Inspect Capital Expenditure Open source
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Unit12 285.2 million
Calculation and evidence

352900000 − 67700000 Unit12

Exact free cash flow: 285200000 Unit12

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2023 2023-01-01 – 2023-12-31
Unit12 463.4 million
Exact value

Exact value: 463400000 Unit12

2023-01-01 – 2023-12-31: 463400000 Unit12 Inspect Net Income Open source
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Unit12 623.1 million
Exact value

Exact value: 623100000 Unit12

2023-01-01 – 2023-12-31: 623100000 Unit12 Inspect Operating Cash Flow Open source
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Unit12 82 million
Exact value

Exact value: 82000000 Unit12

2023-01-01 – 2023-12-31: 82000000 Unit12 Inspect Capital Expenditure Open source
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Unit12 541.1 million
Calculation and evidence

623100000 − 82000000 Unit12

Exact free cash flow: 541100000 Unit12

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2024 2024-01-01 – 2024-12-31
Unit12 423.1 million
Exact value

Exact value: 423100000 Unit12

2024-01-01 – 2024-12-31: 423100000 Unit12 Inspect Net Income Open source
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Unit12 379.7 million
Exact value

Exact value: 379700000 Unit12

2024-01-01 – 2024-12-31: 379700000 Unit12 Inspect Operating Cash Flow Open source
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Unit12 58.5 million
Exact value

Exact value: 58500000 Unit12

2024-01-01 – 2024-12-31: 58500000 Unit12 Inspect Capital Expenditure Open source
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Unit12 321.2 million
Calculation and evidence

379700000 − 58500000 Unit12

Exact free cash flow: 321200000 Unit12

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2025 2025-01-01 – 2025-12-31
Unit12 431.4 million
Exact value

Exact value: 431400000 Unit12

2025-01-01 – 2025-12-31: 431400000 Unit12 Inspect Net Income Open source
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Unit12 477 million
Exact value

Exact value: 477000000 Unit12

2025-01-01 – 2025-12-31: 477000000 Unit12 Inspect Operating Cash Flow Open source
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Unit12 58 million
Exact value

Exact value: 58000000 Unit12

2025-01-01 – 2025-12-31: 58000000 Unit12 Inspect Capital Expenditure Open source
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Unit12 419 million
Calculation and evidence

477000000 − 58000000 Unit12

Exact free cash flow: 419000000 Unit12

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

175 filings · 5,880 latest values · 5,880 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000205402, 205402, edgar:205402

Also known as GRAYBAR ELECTRIC CO INC, GRAYBAR ELECTRIC COMPANY, INC.