Graybar Achieves All-Time Highs in Net Sales and Profitability in Q2 2025
Graybar, a renowned distributor specializing in electrical, industrial, automation, and connectivity products, has unveiled impressive financial results for the second quarter of 2025. The company recorded a staggering $3.37 billion in net sales, signifying a 12.1% increase compared to the previous year. Additionally, Graybar's net income has increased to $138.1 million, reflecting a remarkable 25.1% growth from the same quarter in 2024. This achievement marks the highest quarterly net sales and net income in the company's history, underlining Graybar's robust market position.
As Graybar celebrates its 100th anniversary this year, the company's positive financial trajectory is a testament to the dedication and diligence of its workforce. Kathleen M. Mazzarella, chairperson, president, and chief executive officer, expressed her pride in the team's commitment to delivering exemplary service while navigating the ongoing digital transformation aimed at securing future success. During this quarter, Graybar took significant strides in its Graybar Connect business transformation project, which included upgrading its ERP system.
In the year-to-date results, Graybar reported $6.3 billion in net sales for the first half of 2025, marking a 10.1% growth compared to the same period last year. The net income for the first six months reached $239 million, indicative of a 10.9% year-over-year rise.
In addition to these outstanding performances, Graybar shared several highlights from the quarter:
The company successfully extended its $750 million credit facility until June 2030, supporting general working capital and expansion initiatives.
Graybar was recognized as a U.S. Best Managed Company by Deloitte Private and The Wall Street Journal for the second consecutive year, confirming its reputable standing in the industry.
* In a commitment to community support, Graybar donated $400,000 for disaster relief to assist victims of a tornado that impacted its headquarters in St. Louis, Missouri, this past May.
As one of the largest employee-owned corporations in North America, Graybar plays a critical role in providing high-quality products while focusing on related supply chain management and logistics services. With a network of 350 distribution facilities across North America, Graybar leverages its extensive inventory from thousands of manufacturers to help customers reliably power, network, automate, and secure their operations with speed and efficiency.
In conclusion, Graybar's record-breaking financial performance not only underscores its strong operational capabilities but also its commitment to transforming its business model to adapt to evolving market demands. With continued investments in technology, personnel, and process redesign, Graybar is poised to maintain its leadership position and drive sustainable growth in the future.
As Graybar celebrates its 100th anniversary this year, the company's positive financial trajectory is a testament to the dedication and diligence of its workforce. Kathleen M. Mazzarella, chairperson, president, and chief executive officer, expressed her pride in the team's commitment to delivering exemplary service while navigating the ongoing digital transformation aimed at securing future success. During this quarter, Graybar took significant strides in its Graybar Connect business transformation project, which included upgrading its ERP system.
In the year-to-date results, Graybar reported $6.3 billion in net sales for the first half of 2025, marking a 10.1% growth compared to the same period last year. The net income for the first six months reached $239 million, indicative of a 10.9% year-over-year rise.
In addition to these outstanding performances, Graybar shared several highlights from the quarter:
The company successfully extended its $750 million credit facility until June 2030, supporting general working capital and expansion initiatives.
Graybar was recognized as a U.S. Best Managed Company by Deloitte Private and The Wall Street Journal for the second consecutive year, confirming its reputable standing in the industry.
* In a commitment to community support, Graybar donated $400,000 for disaster relief to assist victims of a tornado that impacted its headquarters in St. Louis, Missouri, this past May.
As one of the largest employee-owned corporations in North America, Graybar plays a critical role in providing high-quality products while focusing on related supply chain management and logistics services. With a network of 350 distribution facilities across North America, Graybar leverages its extensive inventory from thousands of manufacturers to help customers reliably power, network, automate, and secure their operations with speed and efficiency.
In conclusion, Graybar's record-breaking financial performance not only underscores its strong operational capabilities but also its commitment to transforming its business model to adapt to evolving market demands. With continued investments in technology, personnel, and process redesign, Graybar is poised to maintain its leadership position and drive sustainable growth in the future.
Topics Business Technology）
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