GRC on NYSE

Gorman-Rupp Company

Pump manufacturer in Mansfield, Ohio, US

Gorman-Rupp (NYSE: GRC) is a pump manufacturer in Mansfield, Ohio. It manufactures pumps for municipal, water, wastewater, sewage, industrial, construction, petroleum, fire, and OEM markets.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1933Founded1

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  • TickerGRC on NYSE1
  • IndustryPumps & Pumping Equipment1
  • HeadquartersOH1
  • Websitewww.gormanrupp.com
  • Incorporated inOH4
  • Business address600 South Airport Road, P.O. Box 1217, Mansfield, Oh 449014
  • Filer categoryLarge accelerated filer4

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Gorman-Rupp Company HQ
Photo: Gorman-Rupp, CC BY-SA 4.0, via Wikimedia Commons6

Gorman-Rupp (NYSE: GRC) is a pump manufacturer in Mansfield, Ohio. It manufactures pumps for municipal, water, wastewater, sewage, industrial, construction, petroleum, fire, and OEM markets. The company is traded on the New York Stock Exchange. Its current CEO is Scott King.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

30.6%Gross margin7
14.0%Operating margin7
7.8%Net margin7
3.4%Revenue growth, 20257
12.8%Return on equity7
0.69×Debt to equity7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Industrial brought in 20% of the revenue Gorman-Rupp Company broke down this way in fiscal 2025.

  1. Industrial$139.6M720%up 6% from 2024
  2. Fire Market$128.1M719%up 5% from 2024
  3. Municipal$103.5M715%up 3% from 2024
  4. Agriculture$84.6M712%up 3% from 2024
  5. Repair Parts$80.0M712%up 7% from 2024
  6. Construction$75.7M711%down 11% from 2024
  7. Original Equipment Manufacturer$45.2M77%up 12% from 2024
  8. Petroleum$25.7M74%up 6% from 2024
Products and services by year
Products and services202320242025
Industrial$137.0M$131.5M$139.6M
Fire Market$143.6M$121.4M$128.1M
Municipal$78.5M$100.0M$103.5M
Agriculture$83.1M$82.2M$84.6M
Repair Parts$69.5M$74.8M$80.0M
Construction$87.0M$85.1M$75.7M
Original Equipment Manufacturer$37.7M$40.3M$45.2M
Petroleum$23.2M$24.2M$25.7M

Regions

United States brought in 76% of the revenue Gorman-Rupp Company broke down this way in fiscal 2025.

  1. United States$518.2M776%up 5% from 2024
  2. Outside the United States$164.2M724%down 2% from 2024
Regions by year
Regions202320242025
United States$497.4M$491.5M$518.2M
Outside the United States$162.1M$168.2M$164.2M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue69¢$473.2M
  • Selling, general and admin15¢$101.4M
  • Other costs6¢$38.6M
  • Income tax2¢$16.1M
  • Profit8¢$53.0M

Out of $682.4M in revenue.7

Where each dollar of operating cash went, fiscal 2025

  • Kept or used elsewhere100¢$106.2M

Out of $106.2M of cash from operations.7

Financial statements

Revenue8910117$682.4M in 2025+71% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $398.2M$398.2M20192020: $349.0M$349.0M2020−12%2021: $378.3M$378.3M2021+8%2022: $521.0M$521.0M2022+38%2023: $659.5M$659.5M2023+27%2024: $659.7M$659.7M2024+0%2025: $682.4M$682.4M2025+3%
Gross profit8910117$209.1M in 2025+104% since 2019
0$100.0M$200.0M$300.0M2019: $102.7M$102.7M20192020: $89.6M$89.6M2020−13%2021: $95.9M$95.9M2021+7%2022: $130.9M$130.9M2022+37%2023: $196.3M$196.3M2023+50%2024: $204.3M$204.3M2024+4%2025: $209.1M$209.1M2025+2%
Operating income8910117$95.4M in 2025+118% since 2019
0$25.0M$50.0M$75.0M$100.0M2019: $43.8M$43.8M20192020: $35.8M$35.8M2020−18%2021: $39.4M$39.4M2021+10%2022: $40.2M$40.2M2022+2%2023: $87.0M$87.0M2023+117%2024: $91.4M$91.4M2024+5%2025: $95.4M$95.4M2025+4%
Net income8910117$53.0M in 2025+48% since 2019
0$20.0M$40.0M$60.0M2019: $35.8M$35.8M20192020: $25.2M$25.2M2020−30%2021: $29.9M$29.9M2021+19%2022: $11.2M$11.2M2022−62%2023: $35.0M$35.0M2023+212%2024: $40.1M$40.1M2024+15%2025: $53.0M$53.0M2025+32%

Every line of the income statement in the latest annual report, as filed.7

Period ending2025-12-312024-12-312023-12-31
Net sales$682.4M$659.7M$659.5M
Cost of products sold$473.2M$455.3M$463.3M
Gross profit$209.1M$204.3M$196.3M
Selling, general and administrative expenses$101.4M$100.5M$96.7M
Amortization expense$12.4M$12.4M$12.6M
Operating income$95.4M$91.4M$87.0M
Interest expense-$23.4M-$33.6M-$41.3M
Other income (expense), net-$2.8M-$7.3M-$1.8M
Income before income taxes$69.2M$50.5M$44.0M
Income taxes$16.1M$10.4M$9.0M
Net income$53.0M$40.1M$35.0M
Basic$2.02$1.53$1.34
Diluted$2.02$1.53$1.34
Basic26.3M shares26.2M shares26.2M shares
Diluted26.3M shares26.2M shares26.2M shares

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The story

Gorman-Rupp was founded in 1933 by two entrepreneurs, J.C. Gorman and Herb Rupp. Their simplified design of a self-priming, centrifugal pumps would form the core of their initial product line.

The company was contracted by the United States military during the Second World War. Diversifying their product line to include a variety of specialized pumps contributed to significant sales increase and growth in the post-war era.

In 2021, The Gorman-Rupp Company had sales of $378.3 Million and was listed by industrial database IndustrySelect as one of the largest pump manufacturers in the United States.

From Wikipedia’s article on Gorman-Rupp Company, shared under CC BY-SA 4.0.5

Leadership

Who has led Gorman-Rupp Company, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Jeffrey S. Gorman2003–2021

Chair

  1. Jeffrey S. Gorman2020–2024

President

  1. Jeffrey S. Gorman2003–2020

Chief financial officer

  1. Robert E. Kirkendall2003–2009
  2. Wayne L. Knabel2009–2017
  3. James Kerr2017–now
197019801990200020102020
Board members and other officers (26)

Products and brands

Pump types offered by Gorman-Rupp include:

Self-priming Centrifugal

Standard Centrifugal

Submersible

Read the full text

Rotary Gear

Priming Assisted

Hydraulic Piston

Vertical Turbine

Engine-Driven Diaphragm

Axial Flow

Mixed Flow

Rotary Vane

Bellows Metering

Oscillating

Packaged Lift Stations

Booster Stations

From Wikipedia’s article on Gorman-Rupp Company, shared under CC BY-SA 4.0.5

Timeline

  1. Dec 22, 2003New chief executive Jeffrey S. Gorman becomes CEO15
  2. Jan 3, 1994Went public Listed on NYSE1
  3. 1933Founded Founded1

Recent filings

  1. Oct 2, 20268-K
  2. Aug 28, 20264
  3. Jul 27, 202610-Q
  4. Jul 24, 20268-K
  5. Jul 24, 20268-K
  6. Jun 23, 202611-K
  7. Jun 1, 2026SD
  8. May 11, 20264
  9. Apr 27, 202610-Q
  10. Apr 27, 20268-K
  11. Apr 24, 20264
  12. Apr 24, 20264
  13. Apr 24, 20264
  14. Apr 24, 20264
  15. Apr 24, 20264

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

The numbers on this page point here. Each one links to the record it came from.

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