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Gorman-Rupp Co Stock Price, News & Analysis

GRC NYSE

Welcome to our dedicated page for Gorman-Rupp Co news (Ticker: GRC), a resource for investors and traders seeking the latest updates and insights on Gorman-Rupp Co stock.

Gorman-Rupp Co (GRC) delivers essential pump system solutions for water management, industrial operations, and critical infrastructure projects worldwide. This news hub provides investors and industry professionals with comprehensive updates on corporate developments, technical innovations, and market positioning.

Access timely updates including earnings reports, product launches, strategic partnerships, and operational milestones. Our curated collection features press releases about fluid-handling advancements, manufacturing expansions, and sustainability initiatives that demonstrate GRC's engineering leadership.

Key content includes:
• Quarterly financial performance
• New pump system developments
• Industry-specific application breakthroughs
• Regulatory compliance updates
• Global market expansion news

Bookmark this page for direct access to verified information about GRC's contributions to water infrastructure, construction technology, and industrial fluid management. Regularly updated to serve as your primary resource for understanding this pump manufacturer's evolving role in essential industries.

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The Gorman-Rupp Company (NYSE: GRC) reported strong financial results for the first quarter ended March 31, 2023. Net sales surged to $160.5 million, marking a 57.1% increase year-over-year. Excluding the Fill-Rite acquisition, organic sales rose 17.9%. However, net income declined to $6.5 million ($0.25 per share), down from $7.5 million ($0.29 per share) in the prior year. Adjusted EBITDA for Q1 was $28.4 million, a substantial 98.7% increase. The backlog of orders reached $270.6 million, indicating a healthy demand. Despite the positive sales growth, higher interest expenses from the Fill-Rite acquisition may dampen net income, reflected in the decrease in earnings per share.

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FAQ

What is the current stock price of Gorman-Rupp Co (GRC)?

The current stock price of Gorman-Rupp Co (GRC) is $35.89 as of May 1, 2025.

What is the market cap of Gorman-Rupp Co (GRC)?

The market cap of Gorman-Rupp Co (GRC) is approximately 850.0M.
Gorman-Rupp Co

NYSE:GRC

GRC Rankings

GRC Stock Data

850.03M
20.72M
21.16%
63.41%
0.49%
Specialty Industrial Machinery
Pumps & Pumping Equipment
Link
United States
MANSFIELD