GORMAN RUPP CO (GRC) The Gorman-Rupp Company specializes in the design, production, and distribution of a broad spectrum of pumps and associated systems, serving markets both within the United States and globally. Their comprehensive portfolio encompasses a wide array of pump types, such as self-priming, standard, and magnetic drive centrifugal units; axial and mixed flow designs; vertical turbine line shaft, submersible, and high-pressure booster pumps; alongside rotary gear, diaphragm, bellows, and oscillating models. These versatile solutions are essential across numerous sectors, including municipal water and wastewater management, building and infrastructure projects, dewatering operations, diverse industrial processes, the petroleum industry, original equipment manufacturing (OEM), agricultural irrigation, fire suppression systems, military applications, and general fluid transfer, including heating, ventilating, and air conditioning (HVAC). To reach its diverse clientele, the company employs a multi-channel sales strategy, leveraging an established network of distributors and independent manufacturers' representatives, sales via third-party catalogs, direct engagement with customers, and e-commerce platforms. Established in 1933, The Gorman-Rupp Company maintains its corporate headquarters in Mansfield, Ohio.
Sector: Pumps & Pumping Equipment
Industry: Industrial - Machinery
The Gorman-Rupp Company NYSE:GRC Industrials · Industrial - Machinery
Mkt Cap $1.79B
Div Yield 1.12%
Pre Pre-market -1.69%$66.62 Close $67.76 0.00% AH $67.76 -1.69%Now $66.62
Close $67.76 -0.48% AH $67.76 -1.69% since
Mkt Cap $1.79B
Div Yield 1.12%
Press Release
Gorman-Rupp Company Announces Increase in Quarterly Cash Dividend
Gorman-Rupp's board declared a quarterly cash dividend of $0.20 per share, a 5.3% increase from $0.19, payable December 10, 2026, to holders of record November 13, 2026.
This marks the company's 307th consecutive quarterly dividend and 54th consecutive year of dividend increases, placing it among the top 50 U.S. public companies for years of dividend growth.
The extended streak signals durable cash generation and a shareholder-return commitment, though the raise itself is modest.
• 16d ago AI analysis › Press Release ● Major
Gorman-Rupp Reports Third Quarter 2026 Financial Results
Gorman-Rupp posted record Q3 2026 net sales of $193.3 million, up 11.8% year-over-year, with growth across every market segment including agriculture, construction, industrial, and fire suppression.
Net income doubled to $22.7 million, or $0.86 per share, from $11.3 million ($0.43) a year ago; adjusted EPS was $0.86 vs $0.52, and record adjusted EBITDA rose 29.4% to $41.8 million at a 21.6% margin. Gross margin expanded 420 basis points to 33.4% on volume leverage, lapping of 2025 facility optimization costs, and lower LIFO expense.
Nine-month sales rose 7.8% to $555.9 million with EPS of $2.27, while operating cash flow of $114.9 million funded a $58.0 million debt paydown and $14.7 million of capex. Backlog stood at $236.8 million with CEO Scott King citing a third consecutive quarter of record EPS entering Q4.
• 16d ago AI analysis › Press Release ⚠ 2
Gold Springs Resource Corp. Files Q2 2026 Financial Statements, MD&A and Provides Operations Update
Gold Springs reported a net loss of $0.28 million for the six months ended June 30, 2026, narrowing from a $0.30 million loss in the prior-year period, aided by reduced foreign exchange losses.
The company held cash of $0.01 million as of June 30, 2026, signaling immediate liquidity constraints requiring external financing.
On the operational side, Gold Springs engaged Anderson Psomas to advance detailed engineering and permitting for a starter pit and heap-leach facility on the Gold Springs project.
• 2mo ago AI analysis › Press Release
Ode with Anthropic and LogicGate Announce Partnership to Scale Expert-Led Client Outcomes through Accelerated Agentic Capabilities
businesswire.com • 3mo ago Press Release ● Major ⚠ 1
Gorman-Rupp Reports Second Quarter 2026 Financial Results
Gorman-Rupp posted record Q2 2026 results with net sales increasing 3.9% to $186.1 million and net income rising 23% to $19.4 million, or $0.74 per share.
Margin performance was strong, with operating income growing 13% to $30.4 million and operating margin expanding 130 basis points to 16.3%, driven by price realization and favorable product mix.
The company strengthened its balance sheet by reducing total debt by $33.0 million during the first six months of the year, while maintaining a healthy backlog of $239.7 million.
• 3mo ago AI analysis › Press Release
Gorman-Rupp Company Declares Cash Dividend
The Gorman-Rupp Company Board of Directors declared a quarterly cash dividend of $0.19 per share on its common stock.
The dividend is payable September 10, 2026, to shareholders of record as of August 14, 2026.
This payment marks the company's 306th consecutive quarterly dividend, extending a long-standing streak of shareholder returns.
• 3mo ago AI analysis › Press Release
The Gorman-Rupp Company Announces CFO Succession Plan
The Gorman-Rupp Company announced a CFO succession plan effective October 1, 2026, naming Ronald F. Stoops to succeed James C. Kerr as Chief Financial Officer.
Mr. Kerr will assist with the transition and continue to serve as a senior advisor until his retirement, while Mr. Stoops brings experience from his role as Vice President of Finance since joining the company in 2020.
CEO Scott A. King thanked Mr. Kerr for his leadership during a period of growth and value creation, expressing confidence in the incoming CFO to capitalize on future opportunities.
• 3mo ago AI analysis › Press Release
ACA Group Expands U.S. Footprint with New Durham, N.C. Office
businesswire.com • 4mo ago Press Release
Gold Springs Resource Corp. Announces Results of Annual Shareholders Meeting
Gold Springs Resource Corp. announced the results of its 2026 Annual Meeting, confirming the election of all five director nominees.
PricewaterhouseCoopers LLP was re-appointed as the company's auditor and the share incentive plan was approved.
The company remains focused on the exploration and expansion of its Gold Springs Project on the Nevada-Utah border.
• 4mo ago AI analysis › Press Release
RAPID7 LAUNCHES CYBER GRC EARLY ACCESS PROGRAM WITH 360 ADVANCED TO BRIDGE SECURITY OPERATIONS AND COMPLIANCE FOR ORGANIZATIONS
prnewswire.com • 5mo ago Press Release ⚠ 1
Gold Springs Resource Corp. Files Q1 2026 Financial Statements and MD&A
Gold Springs Resource Corp. filed unaudited financial statements for Q1 2026, reporting a net loss of $0.13 million compared to a loss of $0.17 million in the prior year.
General and administrative expenses decreased slightly to $0.13 million, while exploration spending dropped to $0.08 million year-over-year.
The company reported a cash balance of $0.01 million as of March 31, 2026, and continues to advance its Gold Springs project on the Nevada-Utah border.
• 5mo ago AI analysis › Press Release
Rapid7 Launches Cyber Governance, Risk, and Compliance (GRC) Early Access Program to Unify Security Data, Risk Context, and Compliance Workflows
globenewswire.com • 5mo ago Press Release ● Major
Gorman-Rupp Reports First Quarter 2026 Financial Results
Gorman-Rupp delivered strong Q1 results with net sales rising 7.7% to $176.6 million and record net income of $17.8 million, or $0.68 per share, up 47% from the prior year.
Margin expansion was a key highlight, with gross margin improving 180 basis points to 32.5% and operating margin increasing 210 basis points to 15.6%.
Incoming orders grew 5.5% to $187.5 million, driving backlog to $247.9 million, positioning the company well for the remainder of the year.
Operating cash flow was strong at $22.0 million while total debt decreased by $15.0 million during the quarter.
• 6mo ago AI analysis ›