Net Income for Gorman-Rupp (GRC)
According to Gorman-Rupp's latest reported financial statements, the company's current net income (TTM) is $58.73M USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

GRC
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$58.73M
YoY change
+32.2%
5Y CAGR
+16.0%
Peak year (2025)
$53.02M
Cumulative net income
$764.15M
Net Income history chart for Gorman-Rupp (GRC) from 1985 to 2025
Net Income history table for Gorman-Rupp (GRC) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $53.02M | +32.2% | ||
| 2024 | $40.12M | +14.8% | ||
| 2023 | $34.95M | +212.2% | ||
| 2022 | $11.20M | -62.5% | ||
| 2021 | $29.85M | +18.5% | ||
| 2020 | $25.19M | -29.7% | ||
| 2019 | $35.81M | -10.4% | ||
| 2018 | $39.98M | +50.6% | ||
| 2017 | $26.55M | +6.7% | ||
| 2016 | $24.88M | -0.9% | ||
| 2015 | $25.11M | -30.5% | ||
| 2014 | $36.14M | +20.1% | ||
| 2013 | $30.10M | +6.7% | ||
| 2012 | $28.20M | -2.1% | ||
| 2011 | $28.80M | +10.9% | ||
| 2010 | $25.96M | +42.1% | ||
| 2009 | $18.27M | -32.8% | ||
| 2008 | $27.20M | +19.0% | ||
| 2007 | $22.86M | +19.9% | ||
| 2006 | $19.07M | +74.9% | ||
| 2005 | $10.90M | +17.5% | ||
| 2004 | $9.28M | -5.2% | ||
| 2003 | $9.79M | +9.5% | ||
| 2002 | $8.94M | -38.7% | ||
| 2001 | $14.59M | +5.7% | ||
| 2000 | $13.80M | +5.3% | ||
| 1999 | $13.10M | +11.0% | ||
| 1998 | $11.80M | +11.3% | ||
| 1997 | $10.60M | +7.1% | ||
| 1996 | $9.90M | +4.2% | ||
| 1995 | $9.50M | +2.2% | ||
| 1994 | $9.30M | +5.7% | ||
| 1993 | $8.80M | -325.6% | ||
| 1992 | -$3.90M | -150.6% | ||
| 1991 | $7.70M | +5.5% | ||
| 1990 | $7.30M | +7.4% | ||
| 1989 | $6.80M | +3.0% | ||
| 1988 | $6.60M | +11.9% | ||
| 1987 | $5.90M | +34.1% | ||
| 1986 | $4.40M | -24.1% | ||
| 1985 | $5.80M | — |
Net Income values are taken from Gorman-Rupp's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Gorman-Rupp (GRC) most recent annual net income stands at $53.02M (2025) – surged 32.2% year-over-year.
Gorman-Rupp net income has grown for 3 consecutive years, with a +16.0% compound annual growth rate over 2020–2025 (5 years).
The dataset's maximum net income sits at $53.02M (2025); the minimum reading of -$3.90M dates to 1992.
Among 8 Industrials peers, Gorman-Rupp (GRC) ranks 9th; the peer median for net income is $5.88B.
Gorman-Rupp Net Income by Year
Gorman-Rupp Net Income 2025: $53.02M
Gorman-Rupp net income in 2025 was $53.02M, surged 32.2% from 2024. This figure represents the highest annual value in the available history.
Gorman-Rupp Net Income 2024: $40.12M
Gorman-Rupp net income in 2024 was $40.12M, grew 14.8% from 2023.
Gorman-Rupp Net Income 2023: $34.95M
Gorman-Rupp net income in 2023 was $34.95M, surged 212.2% from 2022.
Gorman-Rupp Net Income 2022: $11.20M
Gorman-Rupp net income in 2022 was $11.20M, plunged 62.5% below 2021.
Gorman-Rupp Net Income 2021: $29.85M
Gorman-Rupp net income in 2021 was $29.85M.
See more financial history for Gorman-Rupp (GRC).
Sector peers — Net Income
Companies in the same sector as Gorman-Rupp, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $8.87B | Industrials |
| GE Aerospace (GE) | $8.70B | Industrials |
| Union Pacific Corporation (UNP) | $7.14B | Industrials |
| RTX Corporation (RTX) | $6.73B | Industrials |
| Deere & Company (DE) | $5.03B | Industrials |
| Honeywell International Inc. (HON) | $4.73B | Industrials |
| Eaton Corporation plc (ETN) | $4.09B | Industrials |
| The Boeing Company (BA) | $2.23B | Industrials |
Frequently asked questions
What is Gorman-Rupp's net income?
Latest reported net income for Gorman-Rupp (GRC) is $58.73M (period ending March 31, 2026).
How has Gorman-Rupp net income changed year-over-year?
Gorman-Rupp (GRC) net income changed +32.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Gorman-Rupp net income?
Gorman-Rupp (GRC) net income compound annual growth rate is +16.0% over the most recent 5 years available.
When did Gorman-Rupp net income hit its highest annual value?
Gorman-Rupp net income reached its highest annual value of $53.02M in 2025.
What was Gorman-Rupp net income in 2024?
Gorman-Rupp (GRC) net income in 2024 was $40.12M.
What was Gorman-Rupp net income in 2025?
Gorman-Rupp (GRC) net income in 2025 was $53.02M.
Metrics overview
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
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