GRC News & Events

Reports Q1 revenue $176.6M, consensus $170.61M. Scott A. King, CEO, commented, "We delivered a strong start to 2026, with solid sales growth, meaningful margin expansion, and record earnings. Our results reflect the impact of pricing actions, a favorable product mix, improved leverage across labor, overhead, and SG&A, and efficient execution across our operations. Demand remained broad-based across most of our end markets with incoming order volumes supporting sales growth and increasing our backlog, which we believe positions us well for the remainder of the year. We also generated strong operating cash flow and reduced debt during the quarter. As we move forward, we remain focused on disciplined execution, investing appropriately in the business, and delivering long-term profitable growth."

Reports Q4 revenue $166.6M vs. $, consensus $162.7M last year. Scott King, President and CEO, commented, "We are proud to have attained record sales, adjusted earnings per share and incoming orders during the year. Full year sales increased across the majority of our markets and all markets saw an increase in incoming orders. We maintained the record gross margin rates we achieved in 2024 and effectively managed our SG&A costs throughout the year. Cash flow continued to be strong, enabling a $60 million reduction in debt, resulting in a significant decrease in interest expense. Improvements in operating income, combined with reduced interest expense, led to a 22% increase in adjusted earnings per share. As we begin 2026 our outlook remains positive. The 10% increase in incoming orders during 2025 increased our backlog to a healthy $244 million. We expect our municipal market to continue to benefit from infrastructure spending, including strong demand for flood control and storm water management, and expect a number of our markets to continue to benefit from increased demand related to data center construction. Our strong cash flow positions us well to further reduce our debt and interest expense going forward."

The Board of Directors of The Gorman-Rupp has declared a quarterly cash dividend of 19c per share on the common shares of the Company, payable December 10, to shareholders of record November 14. The cash dividend will represent a 2.7% increase over the 18.5c dividend per share paid in the previous quarter. This action will mark the 303rd consecutive quarterly dividend paid by The Gorman-Rupp Company and the 53rd consecutive year of increased dividends to its shareholders.

Reports Q3 revenue $172.8M vs. $168.2M last year. The Company's backlog of orders was $234.2M at September 30, compared to $206.0M at December 31, 2024, and $207.8M at September 30, 2024