GORMAN RUPP CO (GRC) Earnings History

GORMAN RUPP CO - Q4 FY2025 EarningsBeat

Filed at: Feb 6, 2026, 1:57 PM EST|Read from source

EXECUTIVE SUMMARY

Gorman-Rupp reported a strong finish to 2025 with record net sales and net income, driven by broad market demand and improved operational efficiencies. The company successfully reduced debt and benefited from lower interest expenses, positioning it positively for 2026 with a healthy backlog and continued infrastructure spending tailwinds.

POSITIVE HIGHLIGHTS

  • •

    Record net sales of $682.4 million increased 3.4% year-over-year.

    positive
  • •

    Record net income of $53.0 million, or $2.02 per share, a significant increase from $40.1 million, or $1.53 per share in 2024.

    positive
  • •

    Incoming orders increased 10.5% to $728.4 million, leading to a backlog of $244.0 million.

    positive
  • •

    Total debt decreased by $60.0 million in 2025, resulting in lower interest expense.

    positive
  • •

    Fourth quarter operating income increased 17.4% to $24.8 million, with operating margin improving by 190 basis points to 14.9%.

    positive

CONCERNS & RISKS

  • •

    Full year gross margin decreased by 40 basis points to 30.6% due to $2.7 million in one-time facility optimization costs recognized in Q3 2025.

    attention
  • •

    Sales in the construction market decreased by $9.4 million due to a general slowdown in construction activity.

    attention
  • •

    Sales in the municipal market decreased by $4.0 million due to the timing of domestic flood control and wastewater projects.

    attention
  • •

    Other expense for Q4 2025 included $1.2 million in non-cash pension settlement charges.

    attention

FINANCIAL METRICS

Revenue
Quarterly
$166.57M
+2.4%
Prior year: $162.70M
Annual (YTD)
$682.39M
N/A
Prior year: $659.67M
Net Income
Quarterly
$13.75M
+25.2%
Prior year: $10.98M
Annual (YTD)
$53.02M
N/A
Prior year: $40.12M
EPS (Diluted)
Quarterly
$0.52
+23.8%
Prior year: $0.42
Annual (YTD)
$2.02
N/A
Prior year: $1.53
Operating Income
Quarterly
$24.85M
+17.9%
Prior year: $21.08M
Annual (YTD)
$95.36M
N/A
Prior year: $91.44M
EPS (Basic)
Quarterly
N/A
N/A

MARGIN ANALYSIS

Gross Margin
Current Quarter
31.4%
Prior Year
30.2%
YoY Change
+120 bps
Operating Margin
Current Quarter
14.9%
Prior Year
13.0%
YoY Change
+190 bps
Net Margin
Current Quarter
8.3%
Prior Year
6.7%
YoY Change
+160 bps

Margin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.

SPECIAL ITEMS & ADJUSTMENTS

Q4 2025
Non-cash pension settlement charges
+$0.921M
$0.03 per share
FY2025
Facility optimization costs
Recognized in Q3 2025, impacting full-year gross margin.
+$2.309M
$0.09 per share
FY2025
Non-cash pension settlement charges
+$0.921M
$0.03 per share
Total Impact
+$4.151M$0.15 per share

Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.

MANAGEMENT COMMENTARY

Proud to have attained record sales, adjusted earnings per share and incoming orders during the year.

— GORMAN RUPP CO, Q4 FY2025 2025 Earnings Call

Full year sales increased across the majority of our markets and all markets saw an increase in incoming orders.

— GORMAN RUPP CO, Q4 FY2025 2025 Earnings Call

We maintained the record gross margin rates we achieved in 2024 and effectively managed our SG&A costs throughout the year.

— GORMAN RUPP CO, Q4 FY2025 2025 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

Backlog
244.0M
+18.4% YoY
Prior year: 206.0M
dollars
Incoming Orders
178.2M
+9.2% YoY
Prior year: 163.1M
dollars

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.