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Graybar Tops $10 Billion in 2022 Sales

March 10, 2023

Graybar Electric Co., St. Louis, MO, reported record company performance in 2022, including record net sales, income from operations and net income.

Last year, Graybar’s net sales increased +20.2%, growing from $8.8 billion in 2021 to $10.5 billion in 2022. It’s the first time the company cracked the $10 billion revenue level. Graybar’s income from operations for 2022 was $653.8 million, an increase of +59.3% from 2021. Net income attributable to Graybar finished at $452.9 million, a +72.6% increase from the previous year.