Electrical and industrial distributor Graybar reported strong results for the second quarter of 2025, as the company celebrates a century as an independent business.
The St. Louis-based distribution company posted $3.37 billion in sales for the quarter, up 12.1% from the same period last year. Net income rose 25.1% to $138.1 million, both figures representing all-time highs for the company.
Sales for the first half of the year totaled $6.3 billion, a 10.1% increase from the first six months of 2024. Net income for that period was $239 million, up 10.9% year-over-year.
Graybar said robust performance was supported in part by ongoing upgrades to its operations, including an initial rollout of a new enterprise resource planning (ERP) system. CEO Kathleen Mazzarella said the technology investments are part of a larger business transformation initiative aimed at long-term efficiency and growth.
In addition to its financial performance, Graybar extended its $750 million credit facility through June 2030.
Founded in 1925, Graybar is an employee-owned company that distributes electrical, industrial, and networking products through a network of more than 350 distribution facilities across North America. Its customers include utilities, manufacturers, construction firms, and commercial facilities.
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