Graco earnings fell short of analysts’ third-quarter expectations, sending the industrial equipment maker’s shares down 9.2% in after-hours trading on October 21, 2026. Revenue increased from a year earlier but missed forecasts, while net income declined as the company cited mixed demand across its markets.
Key Takeaways
- Adjusted earnings of $0.81 per share missed the $0.84 consensus estimate; revenue reached $586.4 million against expectations of $591 million.
Table of Contents
- Graco earnings fall short despite higher sales
- Price-to-earnings ratio below historical median
- Insider share transactions
Graco earnings fall short despite higher sales
The third-quarter results showed growth in sales without a corresponding increase in profit. Revenue rose 7.9% year over year to $586.4 million, but net income fell to $121.6 million from $137.6 million a year earlier.
Minnesota-based Graco Inc. (NYSE: GGG) makes fluid-handling systems and equipment. Its Contractor, Industrial and Process segments serve markets including construction, automotive, aerospace and food processing, with equipment sales complemented by recurring aftermarket revenue.
Price-to-earnings ratio below historical median
Graco’s trailing 12-month price-to-earnings ratio was 25.7 times, compared with a five-year median of 28.03 times.
Insider share transactions
Over the past 12 months, insiders sold $4.0 million worth of shares and bought $0.1 million.
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