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Side-by-side financial comparison of GRACO INC (GGG) and WESTERN ALLIANCE BANCORPORATION (WAL). Click either name above to swap in a different company.

WESTERN ALLIANCE BANCORPORATION 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 18.6%, a 3.8% gap on every dollar of revenue. On growth, WESTERN ALLIANCE BANCORPORATION posted the faster year-over-year revenue change (31.0% vs 8.1%). Over the past eight quarters, WESTERN ALLIANCE BANCORPORATION's revenue compounded faster (14.9% CAGR vs 9.8%).

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.

Western Alliance Bancorporation is a regional bank holding company headquartered in Phoenix. It is on the list of largest banks in the United States and is ranked 97th on the Forbes list of America's Best Banks.

GGG vs WAL — Head-to-Head

Bigger by revenue
WAL
WAL
1.7× larger
WAL
$1.0B
$593.2M
GGG
Growing faster (revenue YoY)
WAL
WAL
+22.9% gap
WAL
31.0%
8.1%
GGG
Higher net margin
GGG
GGG
3.8% more per $
GGG
22.3%
18.6%
WAL
Faster 2-yr revenue CAGR
WAL
WAL
Annualised
WAL
14.9%
9.8%
GGG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GGG
GGG
WAL
WAL
Revenue
$593.2M
$1.0B
Net Profit
$132.5M
$189.2M
Gross Margin
51.7%
Operating Margin
26.7%
Net Margin
22.3%
18.6%
Revenue YoY
8.1%
31.0%
Net Profit YoY
21.9%
-5.0%
EPS (diluted)
$0.78
$1.65

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.

Revenue
GGG
GGG
WAL
WAL
Q1 26
$1.0B
Q4 25
$593.2M
$980.9M
Q3 25
$543.4M
$938.2M
Q2 25
$571.8M
$845.9M
Q1 25
$528.3M
$778.0M
Q4 24
$548.7M
$838.4M
Q3 24
$519.2M
$823.1M
Q2 24
$553.2M
$771.8M
Net Profit
GGG
GGG
WAL
WAL
Q1 26
$189.2M
Q4 25
$132.5M
$286.1M
Q3 25
$137.6M
$253.4M
Q2 25
$127.6M
$230.4M
Q1 25
$124.1M
$199.1M
Q4 24
$108.7M
$216.9M
Q3 24
$122.2M
$199.8M
Q2 24
$133.0M
$193.6M
Gross Margin
GGG
GGG
WAL
WAL
Q1 26
Q4 25
51.7%
Q3 25
53.2%
Q2 25
52.4%
Q1 25
52.6%
Q4 24
50.9%
Q3 24
53.2%
Q2 24
54.4%
Operating Margin
GGG
GGG
WAL
WAL
Q1 26
Q4 25
26.7%
36.3%
Q3 25
30.3%
33.4%
Q2 25
27.5%
34.4%
Q1 25
27.3%
31.7%
Q4 24
23.7%
30.9%
Q3 24
28.1%
30.6%
Q2 24
29.2%
32.1%
Net Margin
GGG
GGG
WAL
WAL
Q1 26
18.6%
Q4 25
22.3%
29.2%
Q3 25
25.3%
27.0%
Q2 25
22.3%
27.2%
Q1 25
23.5%
25.6%
Q4 24
19.8%
25.9%
Q3 24
23.5%
24.3%
Q2 24
24.0%
25.1%
EPS (diluted)
GGG
GGG
WAL
WAL
Q1 26
$1.65
Q4 25
$0.78
$2.59
Q3 25
$0.82
$2.28
Q2 25
$0.76
$2.07
Q1 25
$0.72
$1.79
Q4 24
$0.63
$1.94
Q3 24
$0.71
$1.80
Q2 24
$0.77
$1.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GGG
GGG
WAL
WAL
Cash + ST InvestmentsLiquidity on hand
$624.1M
Total DebtLower is stronger
$4.3B
Stockholders' EquityBook value
$2.7B
$7.9B
Total Assets
$3.3B
$98.9B
Debt / EquityLower = less leverage
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GGG
GGG
WAL
WAL
Q1 26
Q4 25
$624.1M
Q3 25
$618.7M
Q2 25
$534.9M
Q1 25
$536.1M
Q4 24
$675.3M
Q3 24
$764.5M
Q2 24
$666.0M
Total Debt
GGG
GGG
WAL
WAL
Q1 26
$4.3B
Q4 25
$1.4B
Q3 25
$2.9B
Q2 25
$2.9B
Q1 25
$1.6B
Q4 24
$2.4B
Q3 24
$1.4B
Q2 24
$436.0M
Stockholders' Equity
GGG
GGG
WAL
WAL
Q1 26
$7.9B
Q4 25
$2.7B
$7.7B
Q3 25
$2.6B
$7.4B
Q2 25
$2.5B
$7.1B
Q1 25
$2.5B
$6.9B
Q4 24
$2.6B
$6.7B
Q3 24
$2.5B
$6.7B
Q2 24
$2.4B
$6.3B
Total Assets
GGG
GGG
WAL
WAL
Q1 26
$98.9B
Q4 25
$3.3B
$92.8B
Q3 25
$3.2B
$91.0B
Q2 25
$3.0B
$86.7B
Q1 25
$3.0B
$83.0B
Q4 24
$3.1B
$80.9B
Q3 24
$3.0B
$80.1B
Q2 24
$2.9B
$80.6B
Debt / Equity
GGG
GGG
WAL
WAL
Q1 26
0.54×
Q4 25
0.18×
Q3 25
0.39×
Q2 25
0.41×
Q1 25
0.23×
Q4 24
0.36×
Q3 24
0.21×
Q2 24
0.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GGG
GGG
WAL
WAL
Operating Cash FlowLast quarter
$196.3M
Free Cash FlowOCF − Capex
$184.3M
FCF MarginFCF / Revenue
31.1%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
1.48×
TTM Free Cash FlowTrailing 4 quarters
$637.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GGG
GGG
WAL
WAL
Q1 26
Q4 25
$196.3M
$-2.7B
Q3 25
$179.2M
$-597.4M
Q2 25
$182.7M
$-357.7M
Q1 25
$125.4M
$-1.7B
Q4 24
$185.2M
$-2.7B
Q3 24
$178.6M
$-1.1B
Q2 24
$139.0M
$-745.8M
Free Cash Flow
GGG
GGG
WAL
WAL
Q1 26
Q4 25
$184.3M
Q3 25
$175.7M
Q2 25
$163.1M
Q1 25
$114.8M
Q4 24
$171.3M
Q3 24
$159.2M
Q2 24
$102.7M
FCF Margin
GGG
GGG
WAL
WAL
Q1 26
Q4 25
31.1%
Q3 25
32.3%
Q2 25
28.5%
Q1 25
21.7%
Q4 24
31.2%
Q3 24
30.7%
Q2 24
18.6%
Capex Intensity
GGG
GGG
WAL
WAL
Q1 26
Q4 25
2.0%
Q3 25
0.6%
Q2 25
3.4%
Q1 25
2.0%
Q4 24
2.5%
Q3 24
3.7%
Q2 24
6.6%
Cash Conversion
GGG
GGG
WAL
WAL
Q1 26
Q4 25
1.48×
-9.36×
Q3 25
1.30×
-2.36×
Q2 25
1.43×
-1.55×
Q1 25
1.01×
-8.31×
Q4 24
1.70×
-12.64×
Q3 24
1.46×
-5.35×
Q2 24
1.05×
-3.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GGG
GGG

Industrial$284.3M48%
Contractor$265.5M45%
Other$43.4M7%

WAL
WAL

Segment breakdown not available.

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