Global Industrial Company
- Open
- 33.34
- Day high
- 33.93
- Day low
- 33.01
- Prev close
- 33.46
- Volume
- 52K
- Mkt cap
- $1.3B
- P/E (TTM)
- 17.4
- EPS (TTM)
- $1.93
- P/B
- 4.0
- P/S
- 0.9
- Yield
- 3.22%
- Per share
- $1.08
Global Industrial Company (GIC) is a Industrials company listed on NYSE. The stock is up 19% over the past year.
Global Industrial Company (GIC) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
GIC earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 5, 2026 | $0.41 | $0.39 | -4.9% | $350M | +1.8% |
| Feb 24, 2026 | $0.35 | $0.38 | +8.6% | $346M | -0.7% |
| Oct 28, 2025 | $0.58 | $0.48 | -17.2% | $354M | +8.8% |
| Jul 29, 2025 | $0.50 | $0.65 | +30.0% | $359M | +0.8% |
| Apr 29, 2025 | $0.20 | $0.35 | +75.0% | $321M | +4.6% |
| Apr 30, 2024 | $0.38 | $0.34 | -10.5% | $323M | +0.4% |
| Feb 29, 2024 | $0.40 | $0.40 | +0.0% | $320M | +2.1% |
| Oct 31, 2023 | $0.51 | $0.54 | +5.9% | $355M | +3.3% |
| May 2, 2023 | $0.39 | $0.35 | -10.3% | $274M | -2.0% |
| Feb 21, 2023 | $0.35 | $0.35 | +0.0% | $261M | +1.3% |
| Nov 1, 2022 | $0.59 | $0.53 | -10.2% | $299M | -5.6% |
| Aug 2, 2022 | $0.61 | $0.59 | -3.3% | $319M | +3.8% |
GIC insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 1, 2026 | Pearlman Paul Sdirector | Grant | 3,677 | — |
| Jun 1, 2026 | LINDBLOOM CHADdirector | Grant | 3,677 | — |
| Jun 1, 2026 | Michel Gary Sdirector | Grant | 3,677 | — |
| Jun 1, 2026 | ROSENTHAL ROBERTdirector | Grant | 3,677 | — |
| Apr 1, 2026 | Longhito Christopherother: FMR SVP & CSCO | Sell | 286 | $30.97 |
| Apr 1, 2026 | Longhito Christopherother: FMR SVP & CSCO | Option | 1,984 | $23.65 |
| Apr 1, 2026 | Longhito Christopherother: FMR SVP & CSCO | Sell | 364 | $31.46 |
| Apr 1, 2026 | Longhito Christopherother: FMR SVP & CSCO | Sell | 5,985 | $31.05 |
| Mar 25, 2026 | Clark Thomas Eugeneofficer: SVP & Chief Financial Officer | Tax | 471 | $23.77 |
| Mar 25, 2026 | Clark Thomas Eugeneofficer: SVP & Chief Financial Officer | Tax | 1,000 | $32.17 |
| Mar 25, 2026 | Hughes Claudiaofficer: SVP & Chief Sales Officer | Tax | 423 | $32.17 |
| Mar 25, 2026 | Hughes Claudiaofficer: SVP & Chief Sales Officer | Tax | 236 | $23.77 |
| Mar 25, 2026 | Shetty Manojofficer: SVP & Chief Information Ofc. | Tax | 727 | $32.17 |
| Mar 25, 2026 | AXMACHER THOMASofficer: VP & Controller | Tax | 94 | $23.77 |
| Mar 25, 2026 | Shetty Manojofficer: SVP & Chief Information Ofc. | Tax | 332 | $23.77 |
Source: GIC SEC Form 4 filings, latest Jun 1, 2026. For informational purposes only — not investment advice.
See the full GIC insider & 13F page →Global Industrial Company company profile
Overview
Global Industrial Company (NYSE:GIC) is a North American industrial distributor founded in 1949 and headquartered in Port Washington, New York. Originally known as Systemax Inc., the company went public in 1995 and rebranded to its current name to better reflect its core business focus. Global Industrial operates as a value-added distributor specializing in industrial and maintenance, repair, and operations (MRO) products, serving businesses, educational institutions, and government entities across the United States and Canada through multiple sales channels including e-commerce platforms, catalogs, and relationship marketing.
Business
Global Industrial operates in the industrial distribution sector, which serves as a critical intermediary between manufacturers and end-users of industrial products. The company specializes in MRO (Maintenance, Repair, and Operations) products, which are essential supplies that businesses need to keep their facilities and operations running smoothly, distinct from products that go directly into manufacturing processes. The company's extensive product portfolio spans over 1.7 million items across numerous categories. Major product lines include storage and shelving systems, safety and security equipment, material handling equipment like carts and trucks, HVAC systems and fans, office and industrial furniture, janitorial and facility maintenance supplies, workbenches and shop equipment, tools and instruments, plumbing and pumping equipment, packaging and shipping materials, lighting and electrical components, food service equipment, medical and laboratory supplies, motors and power transmission equipment, building supplies, machining equipment, fasteners and hardware, vehicle maintenance products, and raw materials. The company operates through multiple branded channels including Global, GlobalIndustrial.com, Nexel, Paramount, and Interion trademarks. A significant portion of their business comes from private brand products, which account for approximately 40-50% of total sales. The company also completed the acquisition of Indoff in May 2023, expanding their reach into office furniture and project management services. Global Industrial serves three primary customer segments: businesses of various sizes (from small and medium businesses to large enterprises), educational organizations (both state and local public institutions as well as private schools), and government entities at various levels. The company has been shifting its strategic focus toward higher-value enterprise and managed accounts while maintaining its broad customer base.
Revenue model
Global Industrial generates revenue primarily through product sales as a distributor, purchasing products from manufacturers and reselling them to end customers with markup. The company operates on a traditional distribution model where it adds value through inventory management, logistics, customer service, and technical expertise rather than manufacturing products itself. The company's revenue streams come from multiple channels. E-commerce and digital sales represent over 60% of total annual order volume, making online platforms the dominant revenue driver. The company also generates sales through traditional catalog marketing, relationship marketing through dedicated sales representatives, and direct sales to managed accounts and enterprise customers. Private brand products, which carry higher margins, represent approximately 40-50% of total sales and provide better profitability compared to third-party branded items. Several factors influence Global Industrial's margins and profitability. Positive margin drivers include the company's focus on private brand products which offer better margins, operational efficiency improvements in logistics and distribution, pricing analytics and intelligence systems, and the shift toward higher-value enterprise customers who typically place larger orders. The company's strong inventory management and supply chain optimization also contribute to margin improvement. Margin pressures come from several sources including competitive pricing in the industrial distribution market, tariff impacts on imported goods (particularly from China), transportation and logistics cost inflation, and economic uncertainty that leads customers to delay purchases or seek lower-priced alternatives. The company faces particular challenges from small and medium business customers who tend to be more price-sensitive and have shown cautious purchasing behavior in recent periods. Supply chain disruptions and the need to diversify sourcing away from China also create cost pressures that must be managed through pricing strategies and operational efficiency.
Competitive moat
Global Industrial operates in a moderately competitive industrial distribution market where the company's moat is relatively modest but defensible. The company's primary competitive advantages stem from its comprehensive product catalog of over 1.7 million items, which creates convenience value for customers who prefer one-stop shopping for their MRO needs. The company's significant investment in e-commerce capabilities, representing over 60% of order volume, provides operational efficiency and customer convenience that smaller competitors may struggle to match. The company's private brand portfolio, representing 40-50% of sales, offers some differentiation and margin protection since these products are exclusive to Global Industrial's channels. The established relationships with enterprise and managed accounts, along with the company's customer service capabilities and technical expertise, create some switching costs for larger customers who value reliability and comprehensive solutions. However, the industrial distribution sector faces significant competitive pressures. Large competitors like Grainger, Fastenal, and MSC Industrial Direct have greater scale, broader geographic reach, and more resources for technology investments. These competitors often have stronger relationships with major manufacturers and can negotiate better pricing terms. Additionally, Amazon Business and other e-commerce platforms are increasingly targeting the MRO market with competitive pricing and fast delivery capabilities. The company's moat is also challenged by the commodity-like nature of many MRO products, where customers can easily compare prices and switch suppliers. Small and medium business customers, in particular, show high price sensitivity and limited loyalty. The threat of direct-to-consumer sales by manufacturers and the potential for customers to bypass distributors entirely for certain product categories also limits the sustainability of traditional distribution margins. While Global Industrial has carved out a reasonable market position, the moat is not particularly deep, and the company must continuously invest in customer service, technology, and operational efficiency to maintain its competitive position.
Risks & safety
Global Industrial demonstrates a strong financial safety profile with minimal solvency risk and conservative capital structure. • Liquidity and Debt: The company maintains excellent liquidity with $39-45 million in cash and short-term investments across recent quarters, zero debt, and access to a $120+ million credit facility that remains largely unused. • Cash Flow: Operating cash flow has been positive but volatile, ranging from $3.4 million in Q1 2025 to $50.7 million for full year 2024, with free cash flow generally tracking operating cash flow closely. • Working Capital: Strong current ratio consistently above 2.0x and quick ratio above 1.0x indicate solid short-term liquidity management. • Valuation Metrics: Trading at reasonable multiples with P/E ratios in the 14-22x range, EV/EBITDA around 11-16x, and price-to-book ratios of 3-4x, suggesting the stock is neither extremely cheap nor expensive. • Profitability: Return on equity has fluctuated between 4-22% across quarters, indicating variable but generally acceptable profitability levels. • Other Considerations: The company maintains consistent dividend payments with 10+ consecutive years of increases, indicating management confidence in cash generation stability.
Recent development
Over the past few years, Global Industrial has undertaken several strategic initiatives to strengthen its market position and adapt to changing customer preferences. The company implemented a comprehensive digital transformation centered around deploying Salesforce CRM across sales, marketing, and customer service functions, with full implementation expected by summer 2025. This system is designed to improve customer insights, sales effectiveness, and marketing targeting capabilities. The company completed a significant acquisition strategy with the purchase of Indoff in May 2023, expanding into office furniture and project management services while adding new customer relationships and cross-selling opportunities. Management has indicated that M&A remains an active growth lever, with their strong balance sheet providing flexibility for additional strategic acquisitions. Global Industrial has shifted its customer strategy from broad-based customer acquisition to focusing on high-lifetime-value accounts through targeted account-based marketing programs. This includes enhanced support for enterprise and managed accounts while addressing challenges in the small and medium business segment, which has shown weakness due to cautious purchasing behavior. The company has made substantial investments in operational excellence, including improvements to its e-commerce platform, enhanced product training and customer service, establishment of a dedicated quality team, and logistics optimization. These efforts have resulted in customer satisfaction scores above 90% and a 20% reduction in shipping damage claims. In response to supply chain challenges and tariff impacts, particularly from China-sourced products, Global Industrial has been diversifying its supply chain and taking targeted pricing actions to manage margin pressures. The company has also focused on expanding its private brand portfolio, which now represents 40-50% of sales and provides better margin protection and product differentiation.
GIC company profile · for informational purposes only — not investment advice.
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