Earnings summaries and quarterly performance for GORMAN RUPP.
Executive leadership at GORMAN RUPP.
Board of directors at GORMAN RUPP.
CH
Christopher H. Lake
Detailed
Director
DH
Donald H. Bullock, Jr.
Detailed
Director
JS
Jeffrey S. Gorman
Detailed
Chairman of the Board
KR
Kenneth R. Reynolds
Detailed
Director
MA
M. Ann Harlan
Detailed
Lead Independent Director
PA
Pamela A. Heminger
Detailed
Director
SK
Sonja K. McClelland
Detailed
Director
VK
Vincent K. Petrella
Detailed
Director
Research analysts covering GORMAN RUPP.
Recent press releases and 8-K filings for GRC.
Gorman-Rupp Reports Record Full-Year 2025 Financial Results and Debt Reduction
GRC
Earnings
Guidance Update
Revenue Acceleration/Inflection
- The Gorman-Rupp Company (GRC) reported record financial results for the full year ended December 31, 2025, with net sales of $682.4 million, net income of $53.0 million ($2.02 per share), and incoming orders of $728.4 million.
- For the fourth quarter of 2025, net sales increased 2.4% to $166.6 million, and net income grew to $13.7 million ($0.52 per share), compared to $11.0 million ($0.42 per share) in Q4 2024.
- The company significantly reduced total debt by $60.0 million in 2025 and saw its backlog of orders increase to $244.0 million at year-end 2025, up from $206.0 million in 2024.
5 hours ago
Gorman-Rupp Reports Record 2025 Financial Results and Debt Reduction
GRC
Earnings
Dividends
Debt Issuance
- Gorman-Rupp (GRC) reported record net sales of $682.4 million and record net income of $53.0 million, or $2.02 per share, for the year ended December 31, 2025.
- The company achieved Adjusted EPS of $2.14 and Adjusted EBITDA of $128.8 million, representing 18.9% of Net Sales, for the full year 2025.
- GRC significantly reduced its total debt by $60.0 million during 2025, bringing the total debt to $310.8 million and improving the leverage ratio to 2.3x EBITDA as of December 31, 2025.
- The company has a strong track record of shareholder returns, with 53 consecutive years of increased dividends and a current annualized rate of $0.76 per share.
- From 2021-2025, Gorman-Rupp demonstrated profitable growth with a Sales CAGR of 14.4% Organic and 8.6% Acquisition, alongside improvements in Gross Margin and EBITDA as a percentage of sales.
8 hours ago
Gorman-Rupp Reports Record Full Year 2025 Financial Results
GRC
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Gorman-Rupp reported record net sales of $682.4 million for the full year 2025, a 3.4% increase compared to 2024, and record net income of $53.0 million, or $2.02 per share.
- For the fourth quarter of 2025, net sales increased 2.4% to $166.6 million, with net income rising to $13.7 million, or $0.52 per share.
- The company achieved record incoming orders of $728.4 million for the full year 2025, up 10.5% from 2024, resulting in a backlog of $244.0 million at December 31, 2025.
- Total debt decreased by $60.0 million in 2025, contributing to a 22% increase in adjusted earnings per share for the full year, and the company maintains a positive outlook for 2026.
12 hours ago
Gorman-Rupp Highlights Strong Financial Performance and Strategic Growth Initiatives
GRC
M&A
Dividends
Guidance Update
- Gorman-Rupp reported strong financial performance, with year-to-date incoming orders up 10% in 2025 and a record Adjusted EPS of $1.75 in 2024, alongside a record Adjusted EBITDA of $125 million.
- The company has significantly reduced its debt, decreasing it by $45 million through Q3 2025, bringing leverage down from 4.9 to 2.4 at the end of Q3. This deleveraging is a key step before pursuing further acquisitions.
- Gorman-Rupp is benefiting from market trends such as infrastructure spending and data center construction, and has expanded its market share to nearly 1% of the $80 billion pump industry, contributing to a 600 basis point margin improvement since pre-COVID levels. The company also maintains a strong dividend track record, with its 53rd consecutive year of increases at a rate of $0.76 per share.
Dec 10, 2025, 4:30 PM
Gorman-Rupp Reports Strong Incoming Orders and Backlog, Highlights Debt Reduction and Dividend Growth
GRC
Dividends
Debt Issuance
M&A
- Gorman-Rupp (GRC) reported strong financial performance with year-to-date incoming orders up 9% through Q3 2025 and a healthy backlog of $234 million at the end of Q3 2025, an increase of $28 million since year-end. The company achieved a record Adjusted EPS of $1.75 in 2024 and saw a 19% increase in Adjusted EPS year-to-date 2025.
- The company announced its 53rd consecutive year of dividend increases, raising the dividend rate to $0.76 per share. GRC significantly reduced debt by $43 million in 2024 and $45 million through Q3 2025, lowering its leverage from a peak of 4.9 to 2.4.
- GRC has expanded its market share to nearly 1% of the $80 billion global pump industry, benefiting from infrastructure spending and data center construction trends. A facility optimization charge of $3 million in Q3 2025 is projected to generate $2-$2.5 million in annual savings. Future capital allocation priorities include approximately $20 million in annual CapEx and potential acquisitions once leverage is further reduced.
Dec 10, 2025, 4:30 PM
Gorman-Rupp Company Reports Strong 2025 YTD Performance and Outlines Growth Strategy
GRC
Earnings
Dividends
M&A
- Gorman-Rupp Company (GRC) reported strong year-to-date performance through Q3 2025, with incoming orders up 10% and sales increasing 3.8%, leading to a 19% increase in Adjusted EPS. The company's backlog reached $234 million at the end of Q3 2025, up $28 million since year-end, positioning it well for 2026.
- GRC achieved record Adjusted EPS of $1.75 and Adjusted EBITDA of $125 million (18.9% of sales) in 2024, driven by both organic growth and the 2022 Fill-Rite acquisition. Margins have improved by 600 basis points since pre-COVID due to operating leverage and the Fill-Rite acquisition.
- The company announced its 53rd consecutive year of dividend increases, with a dividend rate of $0.76 per share. GRC has significantly reduced debt, decreasing it by $45 million through Q3 2025, bringing leverage down to 2.4 from a peak of 4.9 after the Fill-Rite acquisition.
- GRC plans to pursue further acquisitions once leverage is reduced, targeting complementary products and leading brands in profitable niche markets. The company benefits from trends in infrastructure investment and data center construction, and its U.S.-centric supply chain has aided market share expansion.
Dec 10, 2025, 4:30 PM
Gorman-Rupp Company Highlights Robust Performance and Strategic M&A Outlook
GRC
Dividends
M&A
Revenue Acceleration/Inflection
- Gorman-Rupp Company (GRC) achieved 90% growth over the last four years, including a record EPS of $1.75 in 2024 and adjusted EBITDA of $125 million (19% of sales).
- Through Q3 2025, sales increased 3.8% and EPS grew 19%, supported by a strong incoming order growth of over 10% year-to-date and a backlog of $234 million.
- The company has significantly reduced its debt leverage to 2.4x by the end of Q3 2025, down from 4.9x after the $525 million Fill-Rite acquisition in mid-2022, having paid down $43 million in 2024 and $45 million year-to-date 2025.
- GRC announced its 53rd consecutive year of dividend increases, extending its 75-year dividend payment history.
- Future M&A strategy targets pump companies with revenues between $25 million and $150 million, with a goal to maintain post-acquisition debt levels below 3.5x.
Nov 19, 2025, 3:55 PM
Gorman-Rupp Reports Strong Growth and Deleveraging, Eyes Future Acquisitions
GRC
M&A
Dividends
Revenue Acceleration/Inflection
- Gorman-Rupp Company (GRC) achieved 90% top-line and earnings growth over the last four years, including a record EPS of $1.75 in 2024. For year-to-date 2025, sales are up 3.8%, incoming orders have increased by over 10%, and EPS is up approximately 19%.
- The company maintains a strong commitment to shareholder returns, evidenced by 75 consecutive years of dividend payments and 53 consecutive years of dividend increases.
- Following the mid-2022 acquisition of PhilRite for $525 million, GRC has significantly reduced its leverage from 4.9 times to 2.4 times by the end of Q3 2025, paying down $43 million in debt in 2024 and an additional $45 million year-to-date in 2025.
- GRC is actively pursuing further M&A opportunities in the pump industry, focusing on companies with revenues between $25 million and $150 million that offer complementary products and hold leading niche positions.
Nov 19, 2025, 3:55 PM
Gorman-Rupp Highlights Strong 2025 Performance and Future M&A Strategy
GRC
Dividends
M&A
Revenue Acceleration/Inflection
- Gorman-Rupp (GRC) reported strong financial performance through Q3 2025, with sales up 3.8%, operating income up 4.4% (excluding a one-time charge), and EPS up 19% due to interest expense reduction. Incoming orders also increased by over 10% year-to-date, boosting the backlog to $234 million by the end of Q3 2025.
- The company has significantly reduced its leverage from 4.9 times post-PhilRite acquisition to 2.4 times by the end of Q3 2025, having paid down $45 million in debt year-to-date 2025. This deleveraging positions them to pursue future acquisitions, targeting debt levels not exceeding 3.5 times post-acquisition.
- GRC maintains a strong dividend track record, having paid dividends for 75 consecutive years and increased them for 53 consecutive years, placing them among the top 50 companies in the U.S. with such a record.
- The company is actively seeking M&A opportunities in the pump space, focusing on targets with leading niches, strong financial performance, and revenues between $25 million and $150 million, with a preference for larger acquisitions.
Nov 19, 2025, 3:55 PM
Gorman-Rupp Company Reports Third Quarter and Nine-Month 2025 Financial Results
GRC
Earnings
New Projects/Investments
Guidance Update
- The Gorman-Rupp Company reported net sales of $172.8 million for the third quarter ended September 30, 2025, a 2.8% increase compared to the third quarter of 2024. Year-to-date net sales reached $515.8 million, up 3.8% from the first nine months of 2024.
- Net income for Q3 2025 was $11.3 million, or $0.43 per share, compared to $12.9 million, or $0.49 per share, in Q3 2024. Year-to-date net income was $39.3 million, or $1.49 per share, for the first nine months of 2025, up from $29.1 million, or $1.11 per share, in the prior year period.
- Incoming orders for Q3 2025 increased 19.2% to $184.5 million, and year-to-date incoming orders grew 10.9% to $550.2 million. The company's order backlog was $234.2 million as of September 30, 2025, compared to $207.8 million at September 30, 2024.
- Total debt decreased by $45.0 million through the first nine months of 2025, contributing to a decrease in interest expense. Net cash provided by operating activities for the first nine months of 2025 was $91.2 million, an increase from $60.6 million in the same period of 2024.
- During Q3 2025, Gorman-Rupp recognized $3.0 million in one-time facility optimization costs as part of a strategy to reduce fixed operating costs and support growth markets. The company expects its effective tax rate for 2026 to be between 21.0% and 23.0%.
Oct 24, 2025, 2:11 PM
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