The Gorman-Rupp Company
- Open
- 80.74
- Day high
- 81.98
- Day low
- 78.66
- Prev close
- 79.74
- Volume
- 124K
- Mkt cap
- $2.1B
- P/E (TTM)
- 35.5
- EPS (TTM)
- $2.23
- P/B
- 4.9
- P/S
- 3.0
- Yield
- 0.95%
- Per share
- $0.76
The Gorman-Rupp Company (GRC) is a Industrials company listed on NYSE. The stock is up 113% over the past year.
The Gorman-Rupp Company (GRC) 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.
GRC earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 23, 2026 | $0.49 | $0.68 | +38.8% | $177M | +3.5% |
| Feb 6, 2026 | $0.43 | $0.55 | +27.9% | $167M | -2.3% |
| Oct 24, 2025 | $0.55 | $0.52 | -5.5% | $173M | +3.4% |
| Jul 25, 2025 | $0.55 | $0.60 | +9.1% | $179M | +2.9% |
| Apr 24, 2025 | $0.44 | $0.46 | +4.5% | $164M | -0.5% |
| Feb 7, 2025 | $0.45 | $0.42 | -6.7% | $163M | -1.3% |
| Oct 25, 2024 | $0.55 | $0.49 | -10.9% | $168M | +3.3% |
| Jul 26, 2024 | $0.44 | $0.54 | +22.7% | $170M | -3.8% |
| Apr 25, 2024 | $0.34 | $0.30 | -11.8% | $159M | -5.3% |
| Feb 2, 2024 | $0.24 | $0.34 | +41.7% | $161M | +2.4% |
| Oct 27, 2023 | $0.32 | $0.34 | +6.3% | $167M | +2.2% |
| Jul 28, 2023 | $0.27 | $0.41 | +51.9% | $171M | +16.8% |
GRC insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Apr 24, 2026 | HARLAN M ANNdirector | Grant | 1,344 | — |
| Apr 24, 2026 | BULLOCK DONALD Hdirector | Grant | 1,344 | — |
| Apr 24, 2026 | Heminger Pamela Adirector | Grant | 1,344 | — |
| Apr 24, 2026 | McClelland Sonja Kdirector | Grant | 1,344 | — |
| Apr 24, 2026 | PETRELLA VINCENT Kdirector | Grant | 1,344 | — |
| Apr 24, 2026 | Reynolds Kenneth Rdirector | Grant | 1,344 | — |
| Apr 24, 2026 | LAKE CHRISTOPHER Hdirector | Grant | 1,344 | — |
| Mar 5, 2026 | King Scott Adirector, officer: President and CEO | Tax | 9,211 | — |
| Mar 5, 2026 | Stoops Ronald Fofficer: VP, Finance | Tax | 912 | — |
| Mar 5, 2026 | Morehead Angela Mofficer: Treasurer and Asst. Secretary | Tax | 924 | — |
| Mar 5, 2026 | Woodman Barbara Aofficer: VP, Human Resources | Tax | 1,033 | — |
| Mar 5, 2026 | Wischmeier D Patrickofficer: VP, Information Technology | Tax | 1,062 | — |
| Mar 5, 2026 | Burnell Brigette Aofficer: EVP, Gen. Counsel & Secretary | Tax | 3,566 | — |
| Mar 5, 2026 | Kerr Jamesofficer: EVP and CFO | Tax | 4,275 | — |
| Feb 27, 2026 | King Scott Adirector, officer: President and CEO | Grant | 6,210 | — |
Source: GRC SEC Form 4 filings, latest Apr 24, 2026. For informational purposes only — not investment advice.
See the full GRC insider & 13F page →The Gorman-Rupp Company company profile
Overview
The Gorman-Rupp Company (NYSE:GRC) is a specialized industrial manufacturer founded in 1933 and headquartered in Mansfield, Ohio. The company has built a reputation over nine decades as a leading designer and manufacturer of pumps and pump systems, serving diverse markets across the United States and internationally. Going public in 1980, Gorman-Rupp has established itself as a reliable provider of fluid-handling solutions across critical infrastructure and industrial applications.
Business
Gorman-Rupp operates in the industrial pump manufacturing sector, which is a specialized segment of the broader industrial machinery industry. Pumps are mechanical devices that move fluids (liquids, gases, or slurries) by mechanical action, and they are essential components in virtually every industry that handles liquids - from municipal water systems to oil refineries to construction sites. The company manufactures a comprehensive range of pump types to serve different applications. Self-priming centrifugal pumps are designed to automatically remove air from the suction line and pump casing, making them ideal for applications where the pump is located above the fluid source. Standard centrifugal pumps use rotating impellers to move fluid and are the most common type for general water movement applications. Magnetic drive centrifugal pumps eliminate the need for mechanical seals by using magnetic coupling, making them suitable for handling corrosive or hazardous chemicals. The company also produces vertical turbine pumps for deep well applications, submersible pumps that operate underwater, and specialized pumps like rotary gear pumps for viscous fluids, diaphragm pumps for precise metering, and high-pressure booster pumps for applications requiring significant pressure increases. Gorman-Rupp serves multiple end markets including water and wastewater treatment (municipal infrastructure), construction and dewatering (removing water from excavation sites), industrial processing, petroleum and chemical handling, original equipment manufacturing (OEM), agriculture irrigation, fire protection systems, military applications, and heating, ventilating, and air conditioning (HVAC) systems. The company does not break down revenue by specific product lines or market segments in its public disclosures.
Revenue model
Gorman-Rupp generates revenue primarily through the direct sale of pumps and pump systems to end customers. The company operates a traditional manufacturing business model where it designs, produces, and sells physical products at a markup over production costs. With annual revenues of approximately $660 million, the company serves customers through multiple distribution channels including a network of independent distributors, manufacturers' representatives, third-party distributor catalogs, direct sales to large customers, and e-commerce platforms. The company's customers include municipalities purchasing water and wastewater treatment equipment, construction companies needing dewatering solutions, industrial facilities requiring process pumps, original equipment manufacturers integrating pumps into their systems, and agricultural operations needing irrigation equipment. Payment typically occurs upon delivery or according to standard commercial terms. Several factors influence Gorman-Rupp's profitability margins. Raw material costs, particularly steel and other metals used in pump construction, directly impact manufacturing expenses and can fluctuate based on commodity markets. Labor costs in manufacturing affect production expenses, while energy costs influence both manufacturing operations and customer demand patterns. Infrastructure spending by governments drives demand for water and wastewater pumps, while construction activity levels affect dewatering pump sales. Industrial capacity utilization influences demand for process pumps, and agricultural conditions impact irrigation pump sales. Competition from both domestic and international manufacturers can pressure pricing, while the company's ability to innovate and offer specialized solutions helps maintain premium pricing for certain applications.
Competitive moat
Gorman-Rupp's competitive moat is moderate and primarily built on several complementary factors. The company benefits from specialized engineering expertise developed over nine decades, allowing it to design pumps for specific applications that generic manufacturers cannot easily replicate. This technical specialization is particularly valuable in niche markets like dewatering, fire protection, and military applications where performance reliability is critical. The company's established distribution network provides another defensive element, as distributors invest time and resources in learning product specifications and maintaining inventory, creating switching costs. Brand recognition in certain market segments, built through decades of reliable performance, helps maintain customer loyalty, especially in mission-critical applications where pump failure can be costly. However, the moat faces significant challenges. The pump industry has relatively low barriers to entry for basic products, and international competition, particularly from lower-cost Asian manufacturers, continues to pressure pricing and market share. Many pump applications are becoming increasingly commoditized, reducing the value of specialized engineering. Technological disruption from smart pumps with IoT connectivity and predictive maintenance capabilities could potentially reshape the industry, requiring significant investment to maintain competitiveness. The company's moat is further limited by customer concentration risk in certain market segments and vulnerability to economic cycles that affect construction and industrial activity. While Gorman-Rupp has maintained its market position, the moat appears narrow and requires continuous investment in innovation and customer relationships to remain defensible.
Risks & safety
The margin of safety appears moderate with some concerns around leverage and cyclical earnings volatility. • Debt and Solvency: Debt-to-equity ratio of 0.92 indicates moderate leverage. Current ratio of 2.42 and quick ratio of 1.35 suggest adequate short-term liquidity. Cash position of $21.8 million provides limited cushion relative to operations. • Cash Generation: Free cash flow of $55.5 million in 2024 demonstrates solid cash generation ability. Operating cash flow has been positive and generally strong, though with some quarterly volatility. • Valuation Metrics: Trading at 19.0x earnings and 10.9x EBITDA, representing reasonable but not exceptional valuations for an industrial manufacturer. Price-to-book ratio of 2.41 suggests modest premium to book value. • Earnings Stability: Net margins around 6-7% are typical for industrial manufacturing. However, earnings show cyclical volatility with ROE ranging from 3.2% to 10.7% across recent periods, indicating sensitivity to economic cycles. • Other Considerations: Long operating history provides some stability, but exposure to construction and industrial cycles creates earnings volatility risk.
Recent development
Based on the available financial data, Gorman-Rupp has demonstrated steady operational performance over recent years with revenues remaining relatively stable around $660 million annually. The company experienced some earnings volatility, with 2022 showing significantly lower profitability (net income of $11.2 million) compared to 2023-2024 levels (around $35-40 million annually), likely reflecting broader industrial market conditions and supply chain challenges that affected many manufacturers during that period. The company's cash flow generation has shown improvement, with free cash flow recovering from negative $4.3 million in 2022 to strongly positive levels of $77.4 million in 2023 and $55.5 million in 2024. This recovery suggests successful navigation through the challenging 2022 operating environment and return to more normalized operations. While specific strategic initiatives are not detailed in the available earnings data, the company's consistent revenue levels and improving cash generation indicate focus on operational efficiency and working capital management. The maintenance of diverse end markets across water/wastewater, construction, industrial, and other applications appears to provide some stability during economic fluctuations.
GRC company profile · for informational purposes only — not investment advice.
Track GRC with Drillr
SEC filings, earnings calls, insider activity, alt-data signals — all queryable through Drillr's AI terminal and MCP API.
Try Drillr for free