Company Description
Sturm, Ruger & Company, Inc. (NYSE: RGR) is a U.S.-based manufacturer in the small arms and ordnance accessories segment of the manufacturing sector. According to its public disclosures and earnings releases, the company is principally engaged in the design, manufacture, and sale of firearms for the commercial sporting market, with products made in America and sold primarily to domestic customers.
The company reports two operating segments: firearms and castings. The firearms segment manufactures and sells rifles, pistols, and revolvers, with sales made principally to federally licensed, independent wholesale distributors located in the United States. The castings segment manufactures and sells steel investment castings and metal injection molding parts. The company has stated that it generates the majority of its income from the sale of firearms.
Firearms business and product families
In its recent earnings releases, Sturm, Ruger & Company, Inc. describes itself as one of the nation’s manufacturers of rugged, reliable firearms for the commercial sporting market. The company indicates that it offers consumers almost 800 variations of more than 40 product lines. These are marketed under several brands, including the Ruger, Marlin, and Glenfield brands, as referenced in its 2025 quarterly results announcements.
The company highlights a range of named product families in its communications. These include the RXM pistol, Super Wrangler revolver, Marlin lever-action rifles, and the Ruger American Rifle Generation II and American Centerfire Rifle Generation II lines. Management has noted that sales of new products, defined as major new products introduced in the prior two years, have represented a meaningful portion of firearm sales in recent quarters. The company has also referenced plans for the expansion of the RXM pistol family, the return of the Ruger Red Label shotgun, and the shipment of new modern sporting rifles from a facility in Hebron, Kentucky.
Manufacturing footprint and domestic focus
Sturm, Ruger & Company, Inc. states that its design and manufacturing operations are located in the United States and that almost all product content is domestic. In 2025, the company announced the acquisition of a manufacturing facility and equipment formerly of Anderson Manufacturing in Hebron, Kentucky, describing this as an asset purchase intended to increase capacity, strengthen manufacturing capabilities, and broaden product offerings. The company has also discussed continued capital expenditures to support new product introductions, expanded capacity for product lines in greatest demand, upgraded manufacturing capabilities, and strengthened facility infrastructure.
Across its communications, the company emphasizes its identity as a U.S.-based manufacturer whose American-made products can help mitigate some global trade and supply chain uncertainties. It also notes that it has no debt in several of its 2025 quarterly financial statements, and that it has maintained a current ratio above 3 to 1 in those periods, though specific figures are time-bound and subject to change in future filings.
Corporate identity, brands, and guiding principles
In multiple news releases, Sturm, Ruger & Company, Inc. describes itself as having operated for over 75 years and as a model of corporate and community responsibility. The company’s stated motto, “Arms Makers for Responsible Citizens®”, is presented as a reflection of its commitment to these principles. Management commentary repeatedly connects this motto with an emphasis on delivering quality firearms and maintaining disciplined operations.
The company’s public statements also highlight a focus on what it calls rugged, reliable, and, in some cases, innovative firearms. It positions its product development efforts around maintaining a strong pipeline of new products that can energize the market, drive growth, and extend the reach of its brands. In its 2025 communications, the company has cited the launch of the Glenfield brand, the expansion of the Ruger American Rifle Generation II lineup, and the broadening of Marlin caliber offerings as examples of building on popular product lines.
Financial reporting, capital allocation, and shareholder returns
Sturm, Ruger & Company, Inc. files periodic reports with the U.S. Securities and Exchange Commission, including annual reports on Form 10-K and quarterly reports on Form 10-Q. In its earnings press releases and related Form 8-K filings, the company provides details on net sales, earnings per share, operating income or loss, and cash flows from operations. It also discloses non-GAAP measures such as EBITDA and EBITDA margin, explaining that these measures are used by management to evaluate operating results and the ongoing performance of the underlying business.
The company has stated that it typically returns capital to shareholders through a combination of quarterly dividends and share repurchases. In several 2025 announcements, it notes that dividends are set as a percentage of earnings rather than a fixed amount per share, and that it has repurchased shares of its common stock during the year. These actions are described as part of its approach to financial discipline and long-term value creation for stockholders, though specific amounts and per-share figures are time-specific and should be confirmed in the relevant filings.
Corporate governance and stock information
Sturm, Ruger & Company, Inc. is incorporated in the United States and its common stock, with a par value of $1 per share, is listed on the New York Stock Exchange under the trading symbol RGR, as disclosed in its Form 8-K filings. The company has also registered common stock purchase rights on the New York Stock Exchange in connection with a limited-duration stockholder rights plan adopted in October 2025.
In its governance-related filings, the company has reported changes to its board of directors, including an expansion of the board size and the election of an additional independent director, as well as the planned retirement of a senior vice president. The company has also filed an 8-K describing amendments to its by-laws to increase the maximum size of the board.
Stockholder rights plan and significant share accumulation
In October 2025, Sturm, Ruger & Company, Inc. announced that its board of directors had approved a limited-duration stockholder rights plan. The plan was adopted in response to public disclosures that Beretta Holding S.A. had accumulated a significant economic interest in the company’s common stock and intended to discuss potential operational and strategic collaborations. According to the company’s press release and related Form 8-K, the rights plan is intended to ensure that the board remains in a position to perform its fiduciary duties and to enable all stockholders to receive fair and equal treatment.
Under the plan, the company declared a dividend of one common share purchase right for each share of common stock outstanding as of a specified record date. The rights are designed to become exercisable if any person or group acquires a defined percentage of the company’s outstanding common stock, subject to certain exceptions. The company states that the plan is not intended to prevent the board from considering offers that it deems fair and in the best interests of stockholders, but rather to reduce the likelihood that control could be obtained through open market accumulation or similar tactics without appropriate compensation to stockholders.
Business environment and strategic actions
In its 2025 quarterly earnings communications, Sturm, Ruger & Company, Inc. discusses what it characterizes as a challenging firearms market and cyclical industry conditions. Management commentary notes that retail firearm unit sales and revenue, as reported by third-party sources, have declined year-over-year, and that handguns, rifles, and shotguns have been under pressure. Against this backdrop, the company has described several strategic actions, including product rationalization, SKU reduction, organizational realignment, and inventory rationalization.
The company explains that these actions have included reassessing raw materials, work-in-process, and finished goods to identify and reserve for excess, obsolete, or discontinued inventory, including legacy models and products no longer aligned with its long-term strategy. It has also discussed price repositioning of certain product lines and efforts to better match market conditions, with the stated goal of ensuring that desirable products reach consumers at competitive prices. While these steps have had an adverse impact on reported results in some quarters, the company presents them as measures intended to strengthen its ability to pursue growth and maintain stability through cyclical markets.
Use of non-GAAP measures and investor communications
Sturm, Ruger & Company, Inc. regularly supplements its GAAP financial disclosures with non-GAAP measures such as EBITDA, EBITDA margin, and, in some periods, adjusted earnings per share. The company states that these measures are used to provide additional insight into its operating results, ability to meet capital expenditure and working capital requirements, and overall profitability. It also notes that non-GAAP measures should be considered in addition to, and not as a substitute for, GAAP measures, and that they may not be comparable to similarly titled measures used by other companies.
The company communicates with investors through earnings releases, webcasts, and conference calls following the filing of its quarterly reports on Form 10-Q. Transcripts and presentation materials from these events are sometimes furnished in Form 8-K filings. The company encourages investors to review its complete SEC filings to obtain detailed information necessary for informed investment judgments.
FAQs about Sturm, Ruger & Company, Inc. (RGR)
- What does Sturm, Ruger & Company, Inc. do?
Sturm, Ruger & Company, Inc. designs, manufactures, and sells firearms, primarily for the commercial sporting market. It reports two operating segments: firearms, which includes rifles, pistols, and revolvers, and castings, which includes steel investment castings and metal injection molding parts. - How does Sturm, Ruger & Company, Inc. generate most of its income?
According to its segment disclosures, the company generates the majority of its income from the sale of firearms within its firearms segment, with a smaller contribution from its castings segment. - What brands are associated with Sturm, Ruger & Company, Inc.?
The company reports that it offers products across the Ruger, Marlin, and Glenfield brands. It notes that it provides almost 800 variations of more than 40 product lines under these brands for the commercial sporting market. - What are some of the key product families mentioned by the company?
In its 2025 communications, the company has highlighted the RXM pistol, Super Wrangler revolver, Marlin lever-action rifles, and the Ruger American Rifle Generation II and American Centerfire Rifle Generation II product lines. It has also referenced plans for the return of the Ruger Red Label shotgun and the expansion of the RXM pistol family. - Where are Sturm, Ruger & Company, Inc.’s products manufactured?
The company states that its design and manufacturing operations are located in the United States and that almost all product content is domestic. It has also announced the acquisition of a manufacturing facility and equipment in Hebron, Kentucky, as part of its manufacturing footprint. - On which exchange is RGR stock listed?
Sturm, Ruger & Company, Inc.’s common stock, with a par value of $1 per share, is listed on the New York Stock Exchange under the trading symbol RGR, as disclosed in its Form 8-K filings. - What is the company’s stated motto and what does it signify?
The company’s motto is “Arms Makers for Responsible Citizens®.” In its public statements, Sturm, Ruger & Company, Inc. links this motto to its emphasis on corporate and community responsibility and its focus on delivering quality firearms. - How does the company return capital to shareholders?
In its recent earnings releases, the company reports returning capital through quarterly dividends and share repurchases. It notes that dividends are set as a percentage of earnings, and it has disclosed repurchases of common stock during 2025. Specific amounts vary by period and are detailed in the relevant filings. - What is the purpose of the stockholder rights plan adopted in 2025?
The company’s 2025 press release and Form 8-K explain that the limited-duration stockholder rights plan was adopted after Beretta Holding S.A. disclosed a significant economic interest in the company’s common stock. The plan is intended to help the board perform its fiduciary duties and to reduce the likelihood that control could be obtained through open market accumulation or similar tactics without appropriate compensation to stockholders. - How does Sturm, Ruger & Company, Inc. describe its approach to market cycles?
Management commentary in 2025 earnings releases notes that the firearms industry can be cyclical, with periods of declining retail sales. The company describes actions such as product rationalization, inventory reviews, and organizational realignment as steps to position the business for long-term success and to maintain stability through changing market conditions.