The Gorman-Rupp Company
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $682.4M | $659.7M | $659.5M | $521.0M | $378.3M | $349.0M | $398.2M | $414.3M |
| Cost of Revenue | $473.2M | $455.3M | $463.3M | $390.1M | $282.4M | $259.4M | $295.5M | $304.4M |
| Gross Profit | $209.1M | $204.3M | $196.3M | $130.9M | $95.9M | $89.6M | $102.7M | $109.9M |
| Gross Margin | 30.6% | 31.0% | 29.8% | 25.1% | 25.3% | 25.7% | 25.8% | 26.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $101.4M | $100.5M | $96.7M | $83.1M | $56.0M | $52.7M | $58.8M | $59.3M |
| Operating Income | $95.4M | $91.4M | $87.0M | $40.2M | $39.4M | $35.8M | $43.8M | $50.6M |
| Operating Margin | 14.0% | 13.9% | 13.2% | 7.7% | 10.4% | 10.2% | 11.0% | 12.2% |
| Interest Expense | — | — | $41.3M | $19.2M | $0 | $0 | $100.0K | $1.0K |
| Pretax Income | $69.2M | $50.5M | $44.0M | $13.9M | $37.2M | $31.2M | $45.2M | $50.3M |
| Income Tax Expense | $16.1M | $10.4M | $9.0M | $2.7M | $7.4M | $6.1M | $9.4M | $10.3M |
| Net Income | $53.0M | $40.1M | $35.0M | $11.2M | $29.9M | $25.2M | $35.8M | $40.0M |
| Net Margin | 7.8% | 6.1% | 5.3% | 2.1% | 7.9% | 7.2% | 9.0% | 9.6% |
| EPS (Basic) | $2.02 | $1.53 | $1.34 | $0.43 | $1.14 | $0.97 | $1.37 | $1.53 |
| EPS (Diluted) | $2.02 | $1.53 | $1.34 | — | — | — | — | — |
| Shares Outstanding (Basic) | 26.3M | 26.2M | 26.2M | 26.1M | 26.1M | 26.1M | 26.1M | 26.1M |
| Shares Outstanding (Diluted) | 26.3M | 26.2M | 26.2M | 26.1M | 26.1M | 26.1M | 26.1M | 26.1M |
| Dividends Per Share | — | — | — | — | $0.64 | $0.59 | — | $2.51 |