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GRCThe Gorman-Rupp Company
$85.31$2.2B
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  4. Financial Ratios

The Gorman-Rupp Company (GRC) Financial Ratios

Latest Ratios: P/E Ratio 42.2x · EV/EBITDA 20.6x · ROE 13.4%. (1996–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

GRC Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$2.2B$1.3B$994M$930M$668M$1.2B$847M$980M$847M$813M$807M
Enterprise Value$2.5B$1.5B$1.4B$1.3B$1.1B$1.0B$740M$901M$800M$733M$750M
P/E Ratio →42.2323.6424.7826.5159.5839.0833.4527.3721.1830.6032.58
P/S Ratio3.291.841.511.411.283.082.432.462.042.142.11
P/B Ratio5.413.032.662.662.023.532.683.182.892.502.67
P/FCF25.2614.1317.9112.02—32.6119.6219.1127.9822.8817.34
P/OCF21.1311.8214.249.4748.8425.6116.5515.7620.5518.7815.11

P/E links to full P/E history page with 30-year chart

GRC EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—2.272.062.012.112.752.122.261.931.931.96
EV / EBITDA20.6212.5811.4911.4717.9420.2815.2820.5512.2913.8514.64
EV / EBIT26.6116.7216.4815.5433.2427.9223.6920.5515.8116.0219.61
EV / FCF—17.4224.4517.12—29.1417.1517.5826.4520.6416.11

GRC Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin28.8%28.8%29.1%29.8%25.1%25.3%25.7%25.8%26.5%26.0%24.1%
Operating Margin14.0%14.0%13.7%13.2%7.7%10.4%10.2%7.6%12.2%10.0%9.3%
Net Profit Margin7.8%7.8%6.1%5.3%2.1%7.9%7.2%9.0%9.6%7.0%6.5%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE13.4%13.4%11.1%10.3%3.4%9.2%8.1%11.9%12.9%8.5%8.4%
ROA6.2%6.2%4.6%4.0%1.7%7.3%6.5%9.5%10.5%6.8%6.7%
ROIC9.9%9.9%9.1%8.7%6.2%14.2%12.2%9.5%15.4%11.6%10.5%
ROCE12.4%12.4%11.6%11.0%7.0%10.9%10.3%9.2%15.1%11.1%10.9%

GRC Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.790.791.041.221.330.000.010.01———
Debt / EBITDA2.662.663.283.687.160.030.030.04———
Net Debt / Equity—0.710.971.131.31-0.37-0.34-0.26-0.16-0.24-0.19
Net Debt / EBITDA2.382.383.073.427.05-2.41-2.20-1.80-0.71-1.51-1.12
Debt / FCF—3.296.545.10—-3.47-2.47-1.54-1.54-2.24-1.24
Interest Coverage3.963.962.452.071.72—————1911.70

GRC Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio2.372.372.522.352.655.296.415.004.314.994.13
Quick Ratio1.391.391.391.311.343.654.263.332.503.352.73
Cash Ratio0.360.360.280.300.082.392.811.770.961.741.17
Asset Turnover—0.790.770.740.600.900.881.041.130.961.00
Inventory Turnover5.035.034.714.453.513.303.143.893.483.744.20
Days Sales Outstanding—47.2748.4949.6065.1956.4853.1059.9859.6564.8168.23

GRC Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield0.9%1.6%1.9%2.0%2.7%1.4%1.8%1.5%7.7%1.5%1.4%
Payout Ratio36.9%36.9%47.4%52.8%159.6%55.6%61.1%40.1%164.0%46.2%45.1%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield2.4%4.2%4.0%3.8%1.7%2.6%3.0%3.7%4.7%3.3%3.1%
FCF Yield4.0%7.1%5.6%8.3%—3.1%5.1%5.2%3.6%4.4%5.8%
Buyback Yield0.1%0.1%0.0%0.1%0.1%0.1%0.0%0.3%0.0%0.0%0.0%
Total Shareholder Yield0.9%1.7%1.9%2.1%2.8%1.5%1.9%1.7%7.7%1.5%1.4%
Shares Outstanding—$26M$26M$26M$26M$26M$26M$26M$26M$26M$26M

Key Metrics

Growth RegimeAccelerating
ProfitabilityModerate
Balance SheetFortress
Cash FlowImproving
Top Statement Risk

Goodwill impairment and integration

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Premium Valuation Reflects Defensive Moat

According to current market data, GRC trades at a P/E of 44.18, which appears elevated relative to peers like Franklin Electric, suggesting that investors are pricing in a significant premium for the company's specialized municipal wastewater market position and its historical record of consistent dividend growth.

The forward P/E of 33.89 implies that the market expects a meaningful acceleration in earnings, likely driven by the realization of synergies from recent acquisitions. However, this valuation warrants caution, as it assumes a level of growth that may be sensitive to the timing of federal infrastructure project rollouts.

Capital Efficiency Constrained by Acquisitions

Based on reported financial figures, GRC's ROIC has remained range-bound between 2.1% and 2.8% over the last ten quarters, indicating that the company is currently struggling to generate superior returns on its invested capital following the significant capital deployment for the Fill-Rite and Sotera acquisitions.

The persistent gap between GRC's ROIC and its peers, such as IDEX Corporation, suggests that the company's capital efficiency is currently hampered by the integration of these new assets. Investors should monitor whether management can improve these returns as the acquired businesses reach full operational maturity.

Working Capital Cycles Remain Stretched

As reported in recent quarterly filings, GRC's cash conversion cycle has fluctuated significantly, peaking at 119 days in 2023Q4 before moderating to 99 days in 2026Q1, which highlights the inherent difficulty in managing inventory levels within a project-based, distributor-heavy industrial manufacturing business model.

The high days inventory outstanding, which reached 85 days in late 2023, suggests that GRC maintains substantial buffer stocks to mitigate supply chain risks. While this supports customer service levels, it ties up significant capital that could otherwise be deployed toward higher-yielding growth initiatives.

Misapplication of P/E Multiples

Based on an analysis of GRC's business model, the P/E ratio is frequently misapplied by market participants who fail to account for the lumpy nature of municipal project revenue and the significant non-cash impact of goodwill amortization following recent inorganic expansion efforts.

Investors should instead focus on EV/EBITDA or P/FCF to better capture the underlying cash-generating capacity of the business, as these metrics strip away the accounting distortions inherent in the company's current earnings profile. Relying solely on P/E may lead to an inaccurate assessment of the company's true valuation.

Download Financial Ratios Data

Includes 30+ ratios · 30 years · Updated daily

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GRC — Frequently Asked Questions

Quick answers to the most common questions about buying GRC stock.

What is The Gorman-Rupp Company's P/E ratio?

The Gorman-Rupp Company's current P/E ratio is 42.2x. The historical average is 25.0x. This places it at the 97th percentile of its historical range.

What is The Gorman-Rupp Company's EV/EBITDA?

The Gorman-Rupp Company's current EV/EBITDA is 20.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.1x.

What is The Gorman-Rupp Company's ROE?

The Gorman-Rupp Company's return on equity (ROE) is 13.4%. The historical average is 11.7%.

Is GRC stock overvalued?

Based on historical data, The Gorman-Rupp Company is trading at a P/E of 42.2x. This is at the 97th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is The Gorman-Rupp Company's dividend yield?

The Gorman-Rupp Company's current dividend yield is 0.87% with a payout ratio of 36.9%.

What are The Gorman-Rupp Company's profit margins?

The Gorman-Rupp Company has 28.8% gross margin and 14.0% operating margin. Operating margin between 10-20% is typical for established companies.

How much debt does The Gorman-Rupp Company have?

The Gorman-Rupp Company's Debt/EBITDA ratio is 2.7x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.