Graco Tax Rate %

: 14.72% (As of Sep. 2021)

View and export this data going back to 1986. Start your Free Trial

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Graco's Tax Expense for the three months ended in Sep. 2021 was $18 Mil. Graco's Pre-Tax Income for the three months ended in Sep. 2021 was $122 Mil. Therefore, Graco's Tax Rate % for the quarter that ended in Sep. 2021 was 14.72%.

Graco Tax Rate % Historical Data

The historical data trend for Graco's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Graco Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Tax Rate %

57.92

27.28

16.97

15.28

11.80

Graco Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Tax Rate %																5.70	11.44	15.95	16.42	14.72

Graco Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Graco's Tax Rate % for the fiscal year that ended in Dec. 2020 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2020 )	/	Pre-Tax Income (A: Dec. 2020 )
	=	44.195	/	374.651
	=	11.80 %

Graco's Tax Rate % for the quarter that ended in Sep. 2021 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2021 )	/	Pre-Tax Income (Q: Sep. 2021 )
	=	17.926	/	121.755
	=	14.72 %

Graco Tax Rate % Related Terms

Thank you for viewing the detailed overview of Graco's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Graco Business Description

Industry

Industrials » Industrial Products NAICS : 333249 SIC : 3561

Comparable Companies

NYSE:LII NYSE:GNRC NYSE:AOS NYSE:PNR NYSE:DCI NYSE:HWM NAS:NDSN NYSE:ITT NYSE:XYL NYSE:PSN NYSE:HON NYSE:MMM XTER:SIE NYSE:GE NYSE:ITW XPAR:SU OSTO:ATCO A NYSE:ROP TSE:6594 OHEL:KNEBV

Traded in Other Exchanges

GA8:Germany

Address

88-11th Avenue Northeast, Minneapolis, MN, USA, 55413

Website

http://www.graco.com

Graco manufactures equipment used for managing fluids, coatings, and adhesives, specializing in difficult-to-handle materials. Graco's business is organized into three segments: industrial, process, and contractor. The Minnesota-based firm serves a wide range of end markets, including industrial, automotive, and construction, and its broad array of products include pumps, valves, meters, sprayers, and equipment used to apply coatings, sealants, and adhesives. The firm generated roughly $1.7 billion in sales and $410 million in operating income in 2020.

Executives

Zumbolo Brian J	officer: President, Asia Pacific	PO BOX 1441 MINNEAPOLIS MN 55440-1441
Gallivan Karen Park	officer: Executive Vice President	P O BOX 1441 MINNEAPOLIS MN 55440-1441
Wheeler Kevin J.	director	A. O. SMITH CORPORATION 500 TENNESSEE WALTZ PARKWAY ASHLAND CITY TN 37015
Van Sant R William	director	PO BOX 1441 MINNEAPOLIS MN 55440-1441
Eugster Jack W	director	PO BOX 1441 MINNEAPOLIS MN 55440-1441
Etchart Eric	director	ROOM F, 22F CROSS REGION PLAZA 899 LINGLING ROAD SHANGHAI F4 200030
White Emily	director	C/O LULULEMON ATHLETICA INC. 1818 CORNWALL AVENUE VANCOUVER A1 V6J 1C7
Morfitt Martha A M	director	P.O. BOX 1441 MINNEAPOLIS MN 55440-1441
Mitau Lee R	director	P O BOX 1441 MINNEAPOLIS MN 55440-1441
Feragen Jody H	director	1 HORMEL PLACE AUSTIN TX 55912
Gilligan J Kevin	director	P O BOX 1441 MINNEAPOLIS MN 55440-1441
White Timothy R	officer: President, White Knight, QED	88 11TH AVENUE NE MINNEAPOLIS MN 55413
Johnson Dale D	officer: President, Worldwide CED	P.O. BOX 1441 MINNEAPOLIS MN 5440-1441
Chambers Caroline M	officer: President, EMEA	PO BOX 1441 MINNEAPOLIS MN 55440-1441
Wordell Angela F	officer: EVP, Operations, President ONG	88 11TH AVENUE NE MINNEAPOLIS MN 55413

Graco Headlines

From GuruFocus

GuruFocus Screeners

My Screeners

Value Screens

Model Portfolios

Market Valuation

Economic Indicators

By Country

Articles

Submit Articles

Graco Tax Rate %

Graco Tax Rate % Historical Data

Graco Tax Rate % Calculation

Graco Tax Rate % Related Terms

Graco Business Description

Graco Headlines

Graco Announces Regular Quarterly Dividend

Graco Inc (GGG) President and CEO Patrick J Mchale Sold $10 million of Shares

Graco Launches Hydraulic Bolt Torquing Pump

Graco Launches Intelligent Control for Pneumatic Pumps and Agitators

XXEC, Inc. Buys Graco Inc, Catalent Inc, Sells CoStar Group Inc, Nike Inc, Kansas City Southern

Steven Scruggs Comments on Graco

Graco Inc. Announces Second Quarter 2021 Earnings Conference Call

Graco Inc. Announces Fourth Quarter 2020 Earnings Conference Call

Graco Inc. Announces Third Quarter 2020 Earnings Conference Call

Graco Increases Quarterly Dividend 7.1 Percent

5 Large-Cap Stocks to Buy Ahead of Their Q2 Earnings Next Week

Why Graco (GGG) Might Surprise This Earnings Season

The Zacks Analyst Blog Highlights: Ally Financial, Texas Instruments, Graco, Dow and Watsco

Illinois Tool (ITW) to Pay Dividend, Hikes Share Buyback

Reasons Why Graco (GGG) Stock is an Attractive Investment Option

Middleby (MIDD) Q1 Earnings Beat Estimates, Increase Y/Y

Graco (GGG) Exhibits Strong Prospects, Headwinds Persist

Here's Why It is Worth Investing in Berry Global (BERY) Stock

Berry Global (BERY) Prices $400M Senior Notes in Private Offering

4 Stocks to Outshine the Thriving Industrial Manufacturing Industry

IDEX (IEX) Prices $500 Million Worth of Senior Notes Offering

Flowserve (FLS) Exhibits Strong Prospects, Risks Persist

Graco (GGG) Q2 Earnings Beat, Solid End-Markets to Favor 2H21

Graco Inc. (GGG) Beats Q2 Earnings and Revenue Estimates

U.S. Manufacturing Activity Continues to Expand: 5 Winners