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Side-by-side financial comparison of GRACO INC (GGG) and Liberty Energy Inc. (LBRT). Click either name above to swap in a different company.
Liberty Energy Inc. is the larger business by last-quarter revenue ($1.0B vs $593.2M, roughly 1.7× GRACO INC). GRACO INC runs the higher net margin — 22.3% vs 2.2%, a 20.1% gap on every dollar of revenue. On growth, GRACO INC posted the faster year-over-year revenue change (8.1% vs 4.5%). Over the past eight quarters, GRACO INC's revenue compounded faster (9.8% CAGR vs -6.2%).
Graco Inc. is an American industrial company that specializes in the development and manufacturing of fluid-handling systems and products. The company is headquartered in Minneapolis, Minnesota, and markets its products to customers worldwide.
Liberty Energy Inc. is a North American energy services provider specializing in hydraulic fracturing and well completion solutions for oil and gas operators. It serves clients across major U.S. shale basins, offering low-emission equipment and tailored support to optimize well productivity.
GGG vs LBRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $593.2M | $1.0B |
| Net Profit | $132.5M | $22.6M |
| Gross Margin | 51.7% | — |
| Operating Margin | 26.7% | 2.2% |
| Net Margin | 22.3% | 2.2% |
| Revenue YoY | 8.1% | 4.5% |
| Net Profit YoY | 21.9% | — |
| EPS (diluted) | $0.78 | $0.14 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $1.0B | ||
| Q4 25 | $593.2M | $1.0B | ||
| Q3 25 | $543.4M | $947.4M | ||
| Q2 25 | $571.8M | $1.0B | ||
| Q1 25 | $528.3M | $977.5M | ||
| Q4 24 | $548.7M | $943.6M | ||
| Q3 24 | $519.2M | $1.1B | ||
| Q2 24 | $553.2M | $1.2B |
| Q1 26 | — | $22.6M | ||
| Q4 25 | $132.5M | $13.7M | ||
| Q3 25 | $137.6M | $43.1M | ||
| Q2 25 | $127.6M | $71.0M | ||
| Q1 25 | $124.1M | $20.1M | ||
| Q4 24 | $108.7M | $51.9M | ||
| Q3 24 | $122.2M | $73.8M | ||
| Q2 24 | $133.0M | $108.4M |
| Q1 26 | — | — | ||
| Q4 25 | 51.7% | 20.6% | ||
| Q3 25 | 53.2% | 18.7% | ||
| Q2 25 | 52.4% | 22.1% | ||
| Q1 25 | 52.6% | 22.1% | ||
| Q4 24 | 50.9% | 21.4% | ||
| Q3 24 | 53.2% | 26.2% | ||
| Q2 24 | 54.4% | 27.9% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | 26.7% | 1.9% | ||
| Q3 25 | 30.3% | -0.3% | ||
| Q2 25 | 27.5% | 3.6% | ||
| Q1 25 | 27.3% | 1.9% | ||
| Q4 24 | 23.7% | 2.6% | ||
| Q3 24 | 28.1% | 9.4% | ||
| Q2 24 | 29.2% | 12.2% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | 22.3% | 1.3% | ||
| Q3 25 | 25.3% | 4.5% | ||
| Q2 25 | 22.3% | 6.8% | ||
| Q1 25 | 23.5% | 2.1% | ||
| Q4 24 | 19.8% | 5.5% | ||
| Q3 24 | 23.5% | 6.5% | ||
| Q2 24 | 24.0% | 9.3% |
| Q1 26 | — | $0.14 | ||
| Q4 25 | $0.78 | $0.08 | ||
| Q3 25 | $0.82 | $0.26 | ||
| Q2 25 | $0.76 | $0.43 | ||
| Q1 25 | $0.72 | $0.12 | ||
| Q4 24 | $0.63 | $0.31 | ||
| Q3 24 | $0.71 | $0.44 | ||
| Q2 24 | $0.77 | $0.64 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $624.1M | $699.1M |
| Total DebtLower is stronger | — | $7.1M |
| Stockholders' EquityBook value | $2.7B | $1.9B |
| Total Assets | $3.3B | $4.4B |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $699.1M | ||
| Q4 25 | $624.1M | $27.6M | ||
| Q3 25 | $618.7M | $13.5M | ||
| Q2 25 | $534.9M | $19.6M | ||
| Q1 25 | $536.1M | $24.1M | ||
| Q4 24 | $675.3M | $20.0M | ||
| Q3 24 | $764.5M | $23.0M | ||
| Q2 24 | $666.0M | $30.0M |
| Q1 26 | — | $7.1M | ||
| Q4 25 | — | $246.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $190.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $1.9B | ||
| Q4 25 | $2.7B | $2.1B | ||
| Q3 25 | $2.6B | $2.1B | ||
| Q2 25 | $2.5B | $2.0B | ||
| Q1 25 | $2.5B | $2.0B | ||
| Q4 24 | $2.6B | $2.0B | ||
| Q3 24 | $2.5B | $2.0B | ||
| Q2 24 | $2.4B | $1.9B |
| Q1 26 | — | $4.4B | ||
| Q4 25 | $3.3B | $3.6B | ||
| Q3 25 | $3.2B | $3.5B | ||
| Q2 25 | $3.0B | $3.4B | ||
| Q1 25 | $3.0B | $3.4B | ||
| Q4 24 | $3.1B | $3.3B | ||
| Q3 24 | $3.0B | $3.3B | ||
| Q2 24 | $2.9B | $3.2B |
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.10× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $196.3M | — |
| Free Cash FlowOCF − Capex | $184.3M | — |
| FCF MarginFCF / Revenue | 31.1% | — |
| Capex IntensityCapex / Revenue | 2.0% | 13.1% |
| Cash ConversionOCF / Net Profit | 1.48× | — |
| TTM Free Cash FlowTrailing 4 quarters | $637.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $196.3M | $195.4M | ||
| Q3 25 | $179.2M | $51.5M | ||
| Q2 25 | $182.7M | $170.6M | ||
| Q1 25 | $125.4M | $192.1M | ||
| Q4 24 | $185.2M | $177.3M | ||
| Q3 24 | $178.6M | $244.5M | ||
| Q2 24 | $139.0M | $248.2M |
| Q1 26 | — | — | ||
| Q4 25 | $184.3M | $-10.0M | ||
| Q3 25 | $175.7M | $-67.2M | ||
| Q2 25 | $163.1M | $33.1M | ||
| Q1 25 | $114.8M | $58.2M | ||
| Q4 24 | $171.3M | $-26.2M | ||
| Q3 24 | $159.2M | $77.9M | ||
| Q2 24 | $102.7M | $112.2M |
| Q1 26 | — | — | ||
| Q4 25 | 31.1% | -1.0% | ||
| Q3 25 | 32.3% | -7.1% | ||
| Q2 25 | 28.5% | 3.2% | ||
| Q1 25 | 21.7% | 6.0% | ||
| Q4 24 | 31.2% | -2.8% | ||
| Q3 24 | 30.7% | 6.8% | ||
| Q2 24 | 18.6% | 9.7% |
| Q1 26 | — | 13.1% | ||
| Q4 25 | 2.0% | 19.8% | ||
| Q3 25 | 0.6% | 12.5% | ||
| Q2 25 | 3.4% | 13.2% | ||
| Q1 25 | 2.0% | 13.7% | ||
| Q4 24 | 2.5% | 21.6% | ||
| Q3 24 | 3.7% | 14.6% | ||
| Q2 24 | 6.6% | 11.7% |
| Q1 26 | — | — | ||
| Q4 25 | 1.48× | 14.28× | ||
| Q3 25 | 1.30× | 1.20× | ||
| Q2 25 | 1.43× | 2.40× | ||
| Q1 25 | 1.01× | 9.55× | ||
| Q4 24 | 1.70× | 3.42× | ||
| Q3 24 | 1.46× | 3.31× | ||
| Q2 24 | 1.05× | 2.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GGG
| Industrial | $284.3M | 48% |
| Contractor | $265.5M | 45% |
| Other | $43.4M | 7% |
LBRT
Segment breakdown not available.
