The invention discloses an integrated grounding device capable of automatically storing a cable and an operation method, the grounding device comprises a box body, universal wheels, a reel rack, four wire reels, springs, the cable, a cable clamp and an anti-rotation mechanism, the universal wheels are installed on the lower side of the box body, the four wire reels are rotatably connected in the box body through the reel rack, the springs are installed on the wire reels, and the anti-rotation mechanism is installed on the cable clamp. The cable is wound on the wire spool, a wire hole is formed in the box body, the cable clamp is detachably connected to the upper side of the box body, first sawteeth are arranged on the periphery of the wire spool, the anti-rotation mechanism comprises a pawl and a push rod, second sawteeth matched with the first sawteeth are arranged at the lower end of the pawl, and the hinged end of the pawl extends to form a shifting rod; after the wire clamp is detached from the upper side of the box body, the pawl rotates downwards under the action of gravity, and the second sawteeth can be meshed with the first sawteeth to prevent the wire spool from rotating reversely. The three-phase cable grounding device facilitates three-phase cable grounding and improves carrying and storage convenience.