Private company
GRAYBAR ELECTRIC CO INC
GRAYBAR ELECTRIC CO INC is an American wholesale-electrical apparatus and equipment company based in Clayton.2
Last updated Oct 20, 2026.
Overview
- IndustryWholesale-Electrical Apparatus & Equipment, Wiring Supplies 2
- HeadquartersClayton, United States2
- Incorporated inNY3
- Business address34 N Meramec Ave, St Louis, Mo 631053
- Filer categoryNon-accelerated filer3
- Legal formBusiness Corporation2
- LEI549300MCOIYX27P2HK172
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O CORPORATION SERVICE COMPANY, 12207 Albany, United States2
- Registered withCorporation and Business Entity Database (Division of Corporations, State Records and UCC, Department of State), 216042
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue81¢$10.4B
- Selling, general and admin14¢$1.8B
- Other costs1¢$86.2M
- Income tax1¢$147.3M
- Profit3¢$431.4M
Out of $12.9B in revenue.4
Where each dollar of operating cash went, fiscal 2025
- Capital spending12¢$58.0M
- Dividends paid48¢$227.1M
- Share buybacks4¢$20.8M
- Kept or used elsewhere36¢$171.1M
Out of $477.0M of cash from operations.4
Financial statements
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $7.5B5 | $7.3B6 | $8.8B7 | $10.5B8 | $11.0B4 | $11.6B4 | $12.9B4 |
| Cost of revenue | $6.1B5 | $5.9B6 | $7.1B7 | $8.4B8 | $8.8B4 | $9.3B4 | $10.4B4 |
| Gross profit | $1.4B5 | $1.4B6 | $1.7B7 | $2.1B8 | $2.2B4 | $2.3B4 | $2.5B4 |
| Selling, general and admin | $1.2B5 | $1.1B6 | $1.2B7 | $1.4B8 | $1.5B4 | $1.7B4 | $1.8B4 |
| Operating income | $223.6M5 | $224.8M6 | $410.4M7 | $653.8M8 | $637.3M4 | $576.2M4 | $581.7M4 |
| Interest | |||||||
| Income before tax | $350.9M7 | $609.5M8 | $629.3M4 | $573.2M4 | $579.7M4 | ||
| Income tax | $55.0M5 | $44.2M6 | $87.9M7 | $155.8M8 | $164.9M4 | $149.1M4 | $147.3M4 |
| Net income | $144.5M5 | $121.8M6 | $262.4M7 | $452.9M8 | $463.4M4 | $423.1M4 | $431.4M4 |
| Earnings per share | $6.415 | $4.686 | $8.347 | $14.218 | $14.424 | $13.114 | $13.314 |
| Shares (weighted, basic) | 31.5M shares7 | 31.9M shares8 | 32.1M shares4 | 32.3M shares4 | 32.4M shares4 |
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash | $60.8M5 | $131.2M5 | $48.5M6 | $69.4M7 | $98.6M8 | $90.4M4 | $273.1M4 |
| Receivables | $1.4B6 | $1.7B7 | $1.7B8 | $1.8B4 | $2.1B4 | ||
| Inventory | $808.4M6 | $1.0B7 | $908.4M8 | $902.2M4 | $1.0B4 | ||
| Current assets | $1.9B11 | $1.9B5 | $2.3B6 | $2.9B7 | $2.7B8 | $2.9B4 | $3.5B4 |
| Property, plant and equipment | $436.7M6 | $461.2M7 | $499.9M8 | $477.9M4 | $480.4M4 | ||
| Goodwill | $57.1M7 | $83.1M8 | $179.0M4 | $232.2M4 | $235.0M4 | ||
| Intangible assets | $64.9M6 | $90.6M7 | $261.9M8 | $310.5M4 | $288.3M4 | ||
| Total assets | $2.5B11 | $2.6B5 | $3.1B6 | $3.7B7 | $4.0B8 | $4.3B4 | $4.9B4 |
| Accounts payable | $1.1B6 | $1.3B7 | $1.3B8 | $1.3B4 | $1.6B4 | ||
| Short-term debt | $124.2M6 | $31.6M7 | $07 | $22.0M4 | $04 | ||
| Current liabilities | $1.3B11 | $1.2B5 | $1.6B6 | $1.8B7 | $1.7B8 | $1.8B4 | $2.2B4 |
| Total liabilities | $1.6B11 | $1.6B5 | $1.9B6 | $2.2B7 | $2.1B8 | $2.3B4 | $2.7B4 |
| Retained earnings | $850.3M6 | $1.1B7 | $1.4B8 | $1.6B4 | $1.8B4 | ||
| Shareholders’ equity | $892.9M11 | $930.5M5 | $1.1B6 | $1.5B7 | $1.9B8 | $2.0B4 | $2.3B4 |
| Shares outstanding | 22.5M shares11 | 22.6M shares5 | 22.8M shares6 | 26.6M shares7 | 32.1M shares8 | 32.1M shares4 | 32.4M shares4 |
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $249.4M5 | $301.7M6 | $127.5M7 | $352.9M8 | $623.1M4 | $379.7M4 | $477.0M4 |
| Depreciation and amortization | $49.8M7 | $53.4M8 | $66.1M4 | $80.8M4 | $86.5M4 | ||
| Capital spending | $43.1M5 | $31.1M6 | $70.9M7 | $67.7M8 | $82.0M4 | $58.5M4 | $58.0M4 |
| Free cash flow | $206.3M | $270.6M | $56.6M | $285.2M | $541.1M | $321.2M | $419.0M |
| Cash from investing | -$149.7M7 | -$150.8M8 | -$484.7M4 | -$182.6M4 | -$49.0M4 | ||
| Dividends paid | $107.2M5 | $90.7M6 | $137.2M7 | $92.8M8 | $80.4M4 | $225.3M4 | $227.1M4 |
| Share buybacks | $19.2M5 | $16.5M6 | $15.9M7 | $14.7M8 | $20.3M4 | $24.7M4 | $20.8M4 |
| Cash from financing | -$60.5M7 | -$181.2M8 | -$109.2M4 | -$205.3M4 | -$245.3M4 |
Corporate structure
GRAYBAR ELECTRIC CO INC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of GRAYBAR ELECTRIC CO INC
- David A. Bender Filed SCHEDULE 13G/A on GRAYBAR ELECTRIC CO INC, latest Feb 12, 2026 (2 filings since Feb 7, 2025)
- GRAYBAR ELECTRIC CO INC Clayton, Missouri, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What GRAYBAR ELECTRIC CO INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land | $96.8M4 Dec 31, 2025 | $95.4M4 Dec 31, 2024 | +1.5% |
| Buildings and improvements | $595.9M4 Dec 31, 2025 | $577.9M4 Dec 31, 2024 | +3.1% |
| Furniture and fixtures | $359.9M4 Dec 31, 2025 | $342.3M4 Dec 31, 2024 | +5.1% |
| Computer equipment and software | $50.9M4 Dec 31, 2025 | $154.4M4 Dec 31, 2024 | −67.0% |
| Property and equipment, before depreciation | $1.1B4 Dec 31, 2025 | $1.2B4 Dec 31, 2024 | −5.8% |
| Accumulated depreciation | $628.5M4 Dec 31, 2025 | $698.9M4 Dec 31, 2024 | −10.1% |
| Property and equipment, net | $480.4M4 Dec 31, 2025 | $477.9M4 Dec 31, 2024 | +0.5% |
| Finance-lease assets | $2.0M4 Dec 31, 2025 | $1.8M4 Dec 31, 2024 | +11.1% |
| Operating-lease assets (leased space) | $273.2M4 Dec 31, 2025 | $232.9M4 Dec 31, 2024 | +17.3% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $273.1M4 Dec 31, 2025 | $90.4M4 Dec 31, 2024 | +202.1% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $235.0M4 Dec 31, 2025 | $232.2M4 Dec 31, 2024 | +1.2% |
| Intangible assets, net (excluding goodwill) | $288.3M4 Dec 31, 2025 | $310.5M4 Dec 31, 2024 | −7.1% |
| Finite-lived intangibles, gross | $376.3M4 Dec 31, 2025 | $372.6M4 Dec 31, 2024 | +1.0% |
| Accumulated amortization | $88.0M4 Dec 31, 2025 | $62.1M4 Dec 31, 2024 | +41.7% |
| Finite-lived intangibles, net | $288.3M4 Dec 31, 2025 | $310.5M4 Dec 31, 2024 | −7.1% |
Inventory
Properties, in its own words
The voting trustees did not exercise voting rights under the Voting Trust Agreement during the fiscal year with respect to any matter, except that the voting trustees voted the shares of Common Stock held by them at the Graybar 2025 annual meeting for the election of eight directors, the approval of the 2025 Three-Year Stock Plan and the approval of a by-law amendment to authorize the board to set the number of directors in accordance with New York law.
Item 2 of the 10-K filed Mar 18, 2026.12
Leadership
Who has led GRAYBAR ELECTRIC CO INC, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerKathleen M. Mazzarella Jan 11, 2013 to now13
- Chief executive officerRobert A. Reynolds Jr. Jan 12, 2006 to Jan 13, 201214
- ChairKathleen M. Mazzarella Jan 13, 2014 to now15
- PresidentKathleen M. Mazzarella Jan 11, 2013 to now13
- PresidentRobert A. Reynolds Jr. Jan 12, 2006 to Jan 13, 201214
- Chief financial officerScott S. Clifford Jan 6, 2020 to Jan 18, 202216
- Chief financial officerRandall R. Harwood Jan 11, 2013 to Jan 7, 201917
- Chief financial officerD. Beatty Dalessandro Jan 12, 2006 to Jan 13, 201218
- Chief operating officerKathleen M. Mazzarella Jan 14, 2011 to Jan 13, 201219
Board members and other officers (48)
- SVP-Sales and ServiceAndrew Chester Ipson Jan 5, 2026 to now20
- SVP-West Region&SubsidiariarieBrian Patrick Delaney Jan 2, 2025 to now21
- Senior VP-East RegionDavid A. Bender Jan 13, 2025 to now22
- Senior Vice President-SalesEllen Sue Rebne Jun 25, 2024 to now23
- SVP-Supply Chain ManagementThomas James Twitty Jun 25, 2024 to Jun 25, 202424
- Senior VP-SalesDavid G. Maxwell Jan 8, 2018 to Jan 16, 202425
- VICE PRESIDENT-TREASURERTimothy E. Carpenter Apr 10, 2018 to Apr 10, 201826
- Sr. VP-Supply Chain ManagementScott S. Clifford Feb 3, 2015 to Jan 7, 201927
- Senior VP-Sales & MarketingWilliam P. Mansfield Apr 1, 2014 to now28
- Assistant ControllerDale R. Sheff Dec 13, 2012 to Jul 18, 201329
- Sr. VP-Human ResourcesBeverly L. Propst Jun 11, 2009 to now30
- District Vice PresidentRandall R. Harwood Dec 14, 2009 to Jan 19, 202131
- Sr. Vice President & SecretaryMatthew W. Geekie Aug 5, 2008 to Jan 19, 202232
- Senior VP-Sales & DistributionDennis E. Desousa Jan 12, 2006 to now33
- District Vice PresidentGary D. Hodges Jan 12, 2006 to Jan 12, 200634
- VP & TreasurerJon N. Reed Jan 12, 2006 to Jan 8, 201835
- Sr. VP-HR & Strategic PlanningKathleen M. Mazzarella Jan 12, 2006 to Jan 15, 201036
- District Vice PresidentKenneth B. Sparks Jan 12, 2006 to Jan 15, 201037
- Senior VP-OperationsLawrence R. Giglio Jan 12, 2006 to Jan 9, 201538
- VP & ControllerMartin J. Beagen Jan 12, 2006 to Jan 13, 201239
- District Vice PresidentRichard A. Cole Jan 12, 2006 to Jan 14, 201140
- Sr. VP-Sales & MarketingRichard D. Offenbacher Jan 12, 2006 to Jan 14, 201141
- Senior VP & SecretaryThomas F. Dowd Jan 12, 2006 to Jan 10, 200842
- District Vice PresidentThomas S. Gurganous Jan 12, 2006 to Jan 14, 201143
- District Vice PresidentRobert L. Nowak Sep 21, 2006 to Jan 9, 200944
- Board memberAndrew Chester Ipson Jan 5, 2026 to now20
- Board memberDanna Bishop Stone Jan 5, 2026 to now45
- Board memberBrian Patrick Delaney Jan 12, 2026 to now46
- Board memberScott S. Clifford Feb 3, 2015 to Jan 18, 202227
- Board memberDavid A. Bender Jan 8, 2014 to now47
- Board memberWilliam P. Mansfield Apr 1, 2014 to now28
- Board memberDavid G. Maxwell Jan 4, 2013 to Jan 16, 202448
- Board memberBeverly L. Propst Jun 11, 2009 to now30
- Board memberRandall R. Harwood Dec 14, 2009 to Jan 19, 202131
- Board memberMatthew W. Geekie Aug 5, 2008 to now32
- Board memberD. Beatty Dalessandro Jan 12, 2006 to Jan 13, 201218
- Board memberDennis E. Desousa Jan 12, 2006 to now33
- Board memberGary D. Hodges Jan 12, 2006 to Jan 12, 200634
- Board memberKathleen M. Mazzarella Jan 12, 2006 to Jan 11, 201336
- Board memberKenneth B. Sparks Jan 12, 2006 to Jan 15, 201037
- Board memberLawrence R. Giglio Jan 12, 2006 to Jan 9, 201538
- Board memberRichard A. Cole Jan 12, 2006 to Jan 14, 201440
- Board memberRichard D. Offenbacher Jan 12, 2006 to Jan 14, 201141
- Board memberRobert A. Reynolds Jr. Jan 12, 2006 to Jan 13, 201214
- Board memberThomas F. Dowd Jan 12, 2006 to Jan 10, 200842
- Board memberThomas S. Gurganous Jan 12, 2006 to Jan 11, 201343
- Board memberRobert L. Nowak Sep 21, 2006 to Jan 9, 200944
- General counselMatthew W. Geekie Jan 13, 2014 to now49
Timeline
- Sep 10, 20268-K Executive or director change50
- Jun 22, 20268-K Entered a material agreement; New debt or obligation51
- Jun 10, 20268-K Shareholder vote52
- Dec 11, 20258-K Executive or director change53
- Sep 11, 20258-K Executive or director change54
- Jun 30, 20258-K Entered a material agreement; New debt or obligation; Regulation FD disclosure55
- Jun 12, 20258-K Shareholder vote56
- Jun 27, 20248-K Entered a material agreement; New debt or obligation57
- Jun 13, 20248-K Shareholder vote58
- Jul 20, 20238-K Entered a material agreement; New debt or obligation59
- Jun 8, 20238-K Shareholder vote60
- Mar 29, 20238-K Entered a material agreement; New debt or obligation61
- Jan 11, 2013New chief executive Kathleen M. Mazzarella becomes CEO13
- Jan 12, 2006New chief executive Robert A. Reynolds Jr. becomes CEO14
- Dec 11, 1925Founded GRAYBAR ELECTRIC CO INC is founded2
Filings
145 filings to the SEC since October 2021: 10 annual reports, 15 quarterly reports, 14 major events, 54 insider forms, 5 large holders, 47 other. The latest 20:
- Sep 10, 20268-K EDGAR
- Aug 31, 2026S-1 EDGAR
- Aug 3, 202610-Q EDGAR
- Jun 22, 20268-K EDGAR
- Jun 10, 20268-K EDGAR
- Apr 28, 2026DEFA14C DEFA 14C EDGAR
- Apr 28, 2026DEF 14C EDGAR
- Apr 28, 202610-Q EDGAR
- Apr 24, 2026ARS EDGAR
- Mar 18, 202610-K EDGAR
- Mar 11, 202610-K EDGAR
- Feb 12, 2026SCHEDULE 13G/A EDGAR
- Jan 30, 2026EFFECT EDGAR
- Jan 27, 2026CORRESP EDGAR
- Jan 27, 2026S-1/A EDGAR
- Jan 12, 20264 PRIMARY DOCUMENT EDGAR
- Jan 12, 20264 PRIMARY DOCUMENT EDGAR
- Jan 12, 20264 PRIMARY DOCUMENT EDGAR
- Jan 12, 20264 PRIMARY DOCUMENT EDGAR
- Jan 12, 20264 PRIMARY DOCUMENT EDGAR
The 145 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- David A. BenderSCHEDULE 13G/A, 2 filings Feb 7, 2025 to Feb 12, 202662
SEC filer profile
How GRAYBAR ELECTRIC CO INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARGRAYBAR ELECTRIC CO INC1
- CIK0000205402
- Employer ID (EIN)13-07943801
- Filer statusNon-accelerated filer1
- Incorporated inNew York1
- Fiscal year endsDecember 311
- Industry code (SIC)5063 Wholesale-Electrical Apparatus & Equipment, Wiring Supplies 1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address34 N Meramec Ave, St Louis, MO 631051
- Mailing addressP O Box 11607, St Louis, MO 631051
- Phone31457392001
- Shares outstanding32,897,863 as of Jul 15, 202610
- Public float$639.5M as of Jun 30, 20254
- On EDGAR sinceFeb 9, 19941
- Filings734 in all: 4 (250), 10-Q (98), 8-K (74), 10-K (45), DEF 14C (34), S-1/A (26), S-1 (25), EFFECT (23)1
All 28 form types
3 (21), DEFA14C (18), SC 13G/A (18), UPLOAD (18), CORRESP (16), PRE 14C (14), SC 13G (13), ARS (12), 10-K405 (8), S-2 (5), 424B3 (3), POS AM (3), 10-K/A (2), SCHEDULE 13G/A (2), 10-Q/A (1), 3/A (1), 8-A12G (1), DEFR14C (1), PRER14C (1), S-2/A (1)
- Latest filingsAnnual report (10-K) Mar 18, 2026
Quarterly report (10-Q) Aug 3, 2026
Latest 8-K (8-K) Sep 10, 2026
Risk factors and legal proceedings
Legal proceedings
The voting trustees exercised no powers under the 2017 Voting Trust Agreement, other than voting rights and the distribution of dividends upon the underlying securities, during the fiscal year. On March 6, 2026, the 2017 voting trustees terminated the 2017 Voting Trust in accordance with its terms.
The opening of Item 3, Legal Proceedings.12
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 15SEC EDGARKathleen M. Mazzarella, Chair
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- 24
- 25SEC EDGARDavid G. Maxwell, Senior VP-Sales
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- 29SEC EDGARDale R. Sheff, Assistant Controller
- 30
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- 35SEC EDGARJon N. Reed, VP & Treasurer
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- 39SEC EDGARMartin J. Beagen, VP & Controller
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- 45SEC EDGARDanna Bishop Stone, Board member
- 46SEC EDGARBrian Patrick Delaney, Board member
- 47SEC EDGARDavid A. Bender, Board member
- 48SEC EDGARDavid G. Maxwell, Board member
- 49SEC EDGARMatthew W. Geekie, General counsel
- 50SEC EDGARExecutive or director change
- 51
- 52SEC EDGARShareholder vote
- 53SEC EDGARExecutive or director change
- 54SEC EDGARExecutive or director change
- 55
- 56SEC EDGARShareholder vote
- 57
- 58SEC EDGARShareholder vote
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- 60SEC EDGARShareholder vote
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