Gorman-Rupp Co (NYSE: GRC) is an industrial manufacturing company that designs, manufactures, and sells pumps and pump systems for liquid-handling applications. Revenue comes entirely from transactional sales of pumps, pump systems, and repair parts across eight end markets: industrial, fire suppression, agriculture, construction, municipal, petroleum, OEM, and repair parts. The company operates in one business segment and competes in highly competitive markets on the basis of application engineering, product performance, and service. Incorporated in Ohio in 1934, Gorman-Rupp is headquartered in Mansfield, Ohio, where it owns approximately 970,000 square feet of corporate, manufacturing, and R&D space. Total net sales were $682.4 million in FY2025, up 3.4% from $659.7 million in FY2024. Repair parts contributed $80.0 million (11.7% of FY2025 net sales), supported by a large installed base of pumps that periodically require replacement. The company carries $280.8 million in long-term debt due in 2029 and $30.0 million due in 2031, as of December 31, 2025, and held $35.1 million in cash at that date.
- Revenue model
- Transactional sales of pumps, pump systems, and repair parts. No disclosed subscription or licensing revenue. Aftermarket repair parts benefit from the installed base of previously sold products, generating $80.0 million in FY2025.
- Products and services
- Pumps and pump systems in sizes ranging from 1/4 inch to nearly 15 feet, with rated capacity from less than one gallon per minute to nearly one million gallons per minute (per FY2025 10-K). Pump types include self-priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial and mixed-flow, vertical turbine line shaft, submersible, high-pressure booster, rotary gear, rotary vane, diaphragm, bellows, and oscillating. Drives range from fractional horsepower electric motors to internal combustion engines. Repair parts are a separate disclosed revenue line.
- Customers and end markets
- End markets by FY2025 net sales: Industrial $139.6M (20.5%), Fire $128.1M (18.8%), Agriculture $84.6M (12.4%), Municipal $103.5M (15.2%), Construction $75.7M (11.1%), OEM $45.2M (6.6%), Petroleum $25.7M (3.8%), Repair parts $80.0M (11.7%). No single customer concentration disclosed in the excerpts. Customers include municipalities, industrial operators, agricultural users, fire suppression system builders, petroleum operators, construction contractors, and OEM manufacturers.
- Value-chain role
- Manufacturer and seller of finished pumps and pump systems. Purchases castings, structural steel, bar stock, motors, engines, seals, and other components from third-party suppliers. Most pump patterns are owned by Gorman-Rupp. Does not operate under long-term supply contracts and is not dependent on a single source for any material input.
- Geographic exposure
- Primary manufacturing and headquarters in the United States, with facilities in Ohio (Mansfield, Bellville), Indiana (Fort Wayne), Arizona (Glendale), Kansas (Lenexa), Texas (Lubbock), Mississippi (Olive Branch), Pennsylvania (Royersford), and Georgia (Toccoa). International manufacturing in County Westmeath, Ireland and Waardenburg, the Netherlands. Products sold globally per the 10-K filed 2026-03-02.
Source: SEC 10-K, filed 2026-03-02
Industry:
Pumps & Pumping Equipment
Peers:
Berkshire Grey, Inc.
Enerpac Tool Group Corp
NEXT-ChemX Corporation.
Columbus McKinnon Corp
Desktop Metal, Inc.
Hyster-Yale Inc
Illinois Tool Works Inc
Velo3D Inc
Markforged Holding Corp
Omega Flex Inc