GORMAN RUPP CO
Business
Gorman-Rupp Company designs, manufactures and globally sells pumps and pump systems for water, wastewater, construction, dewatering, industrial, petroleum, HVAC, fire suppression, agriculture and other liquid-handling applications. The company produces a broad range of pump types including self-priming centrifugal, submersible, vertical turbine, rotary gear and diaphragm pumps, ranging from fractional horsepower to several thousand horsepower. Products are marketed through distributors, manufacturers' representatives, direct sales, retailers and e-commerce in approximately 140 countries worldwide.
Summary from 10-K filed 2026-03-02
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 682 | 660 | 660 | 521 | 378 | |
| Cost of products sold | 473 | 455 | 463 | 390 | 282 | |
| Gross profit | 209 | 204 | 196 | 131 | 96 | |
| Selling, general and administrative expenses | 101 | 101 | 97 | 83 | 56 | |
| Amortization expense | 12 | 12 | 13 | 8 | 537,000 | |
| Operating income | 95 | 91 | 87 | 40 | 39 | |
| Interest expense | −23 | −34 | −41 | −19 | — | |
| Other income (expense), net | −3 | −7 | −2 | −7 | −2 | |
| Income before income taxes | 69 | 50 | 44 | 14 | 37 | |
| Income taxes | 16 | 10 | 9 | 3 | 7 | |
| Net income | 53 | 40 | 35 | 11 | 30 | |
| Basic (per share) | 2.02 | 1.53 | 1.34 | 0.43 | 1.14 | |
| Diluted (per share) | 2.02 | 1.53 | 1.34 | — | — | |
| Basic (shares) | 26 | 26 | 26 | 26 | 26 | |
| Diluted (shares) | 26 | 26 | 26 | — | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 35 | 24 | 31 | 7 | 125 | |
| Accounts receivable, net | 88 | 88 | 90 | 93 | 59 | |
| Inventories, net | 96 | 99 | 104 | 111 | 86 | |
| Prepaid and other | 14 | 10 | 12 | 15 | 8 | |
| Total current assets | 234 | 221 | 236 | 226 | 277 | |
| Property, plant and equipment, net | 134 | 132 | 135 | 129 | 104 | |
| Other assets | 22 | 24 | 25 | 12 | 6 | |
| Other intangible assets, net | 212 | 224 | 237 | 249 | 6 | |
| Goodwill | 258 | 258 | 258 | 258 | 27 | |
| Total assets | 860 | 858 | 890 | 873 | 421 | |
| Accounts payable | 26 | 25 | 24 | 25 | 18 | |
| Payroll and employee related liabilities | 23 | 21 | 20 | 17 | 12 | |
| Commissions payable | 7 | 6 | 10 | 10 | 8 | |
| Deferred revenue and customer deposits | 8 | 7 | 13 | 7 | 9 | |
| Current portion of long-term debt | 23 | 19 | 22 | 18 | 0 | |
| Accrued expenses | 12 | 10 | 12 | 9 | 6 | |
| Total current liabilities | 99 | 88 | 101 | 85 | 52 | |
| Pension benefits | 5 | 7 | 12 | 9 | 9 | |
| Postretirement benefits | 25 | 22 | 23 | 22 | 27 | |
| Long-term debt, net of current portion | 284 | 348 | 383 | 419 | 0 | |
| Other long-term liabilities | 32 | 20 | 23 | — | — | |
| Total liabilities | 445 | 485 | 541 | 542 | 91 | |
| Common shares, without par value: Authorized - 35,000,000 shares; Outstanding - 26,312,842 shares at December 31, 2025 and 26,227,540 shares at December 31, 2024 (after deducting treasury shares of 735,954 and 821,256, respectively), at stated capital amounts | 5 | 5 | 5 | 5 | 5 | |
| Additional paid-in capital | 11 | 9 | 6 | 4 | 2 | |
| Retained earnings | 418 | 385 | 364 | 347 | 353 | |
| Accumulated other comprehensive loss | −20 | −25 | −25 | −24 | −30 | |
| Total equity | 415 | 374 | 349 | 331 | 330 | |
| Total liabilities and equity | 860 | 858 | 890 | 873 | 421 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 28 | 28 | 28 | 21 | 12 | |
| LIFO expense | 4 | 5 | 7 | 18 | 7 | |
| Pension expense | 3 | 3 | 4 | 10 | 5 | |
| Contributions to pension plan | −3 | −5 | −2 | −2 | −2 | |
| Stock based compensation | 4 | 4 | 3 | 3 | 2 | |
| Amortization of debt issuance fees | 1 | 6 | 3 | 2 | 0 | |
| Deferred income tax charge (benefit) | 10 | −1 | −414,000 | −1 | 50,000 | |
| Gain on sale of property, plant, and equipment | −843,000 | −1 | 0 | — | — | |
| Other | 351,000 | 387,000 | 1 | −128,000 | −103,000 | |
| Accounts receivable, net | 877,000 | 1 | 4 | −14 | −9 | |
| Inventories, net | 1 | −2 | 559,000 | −33 | −11 | |
| Accounts payable | 452,000 | 1 | −2 | −2 | 9 | |
| Commissions payable | 193,000 | −4 | 9,000 | 2 | 3 | |
| Deferred revenue and customer deposits | 678,000 | −6 | 6 | −2 | 1 | |
| Accrued expenses and other | 4 | −2 | 6 | −954,000 | −2 | |
| Income taxes | −4 | 2 | 1 | 2 | 0 | |
| Benefit obligations | 3 | −598,000 | 3 | 397,000 | 178,000 | |
| Net cash provided by operating activities | 106 | 70 | 98 | 14 | 45 | |
| Capital additions | −17 | −14 | −21 | −18 | −10 | |
| Proceeds from sale of property, plant, and equipment | 2 | 2 | 0 | 0 | — | |
| Other | 172,000 | 0 | 672,000 | 306,000 | 582,000 | |
| Net cash used for investing activities | −15 | −12 | −20 | −546 | −9 | |
| Cash dividends | −20 | −19 | −18 | −18 | −17 | |
| Treasury share repurchases | −1 | −267,000 | −1 | −918,000 | −1 | |
| Proceeds from bank borrowings | 0 | 400 | 5 | 457 | 0 | |
| Payments to banks for borrowings | −60 | −443 | −40 | 9 | 0 | |
| Debt issuance fees | 0 | −746,000 | 0 | 15 | 0 | |
| Other | −118,000 | −115,000 | −551,000 | −130,000 | −722,000 | |
| Net cash used for financing activities | −81 | −63 | −55 | 414 | −19 | |
| Effect of exchange rate changes on cash | 843,000 | −1 | 200,000 | −536,000 | −725,000 | |
| Net increase (decrease) in cash and cash equivalents | 11 | −6 | 24 | −118 | 17 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is GORMAN RUPP CO's CIK number?
GORMAN RUPP CO's SEC CIK number is 0000042682 (42682). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find GORMAN RUPP CO's SEC filings?
All of GORMAN RUPP CO's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did GORMAN RUPP CO last report earnings?
GORMAN RUPP CO (GRC) most recently filed an earnings 8-K with the SEC on Feb 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-040888). This is GORMAN RUPP CO's most recent earnings filing of record — not a forecast of its next earnings date.
What is GORMAN RUPP CO's most recent earnings 8-K?
GORMAN RUPP CO's latest earnings 8-K (Item 2.02) was filed Feb 6, 2026 under accession 0001193125-26-040888. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View GORMAN RUPP CO's latest earnings 8-K →
Look up any company's CIK number →