NYSE$GRC
The Gorman-Rupp Company · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Gorman-Rupp's sales and earnings increased compared to the same period last year.
Gorman-Rupp reported a 10.0% increase in net sales for Q4 2023, driven by higher volumes and pricing. Net income and adjusted EPS also increased significantly. The company's diverse markets and strategic investments contributed to the positive results.
- Net sales increased by 10.0% to $160.6 million compared to Q4 2022.
- Net income rose to $9.0 million, or $0.34 per share, compared to $2.4 million, or $0.09 per share, in Q4 2022.
- Adjusted EPS was $0.34, compared to $0.11 in Q4 2022, which included non-cash LIFO expense.
- Adjusted EBITDA increased to $29.1 million, up from $28.5 million in the same period last year.
Headline financials
Revenue & EPS history
Gorman-Rupp · Revenue · Quarterly
$161M
Revenue by segment
Gorman-Rupp · $4.1M total across 7 segments · Q2 2021
- Petroleum$2.1M—51.2%
- OEM$2M—48.8%
- Construction$1.6M—39.0%
- Fire Protection$900K—22.0%
- Agriculture$500K—12.2%
- Industrial$300K—7.3%
- Municipal-$3.3M—-80.5%
Forward guidance
The company anticipates backlog to return to more normal levels during 2024 and is well-positioned to benefit from infrastructure spending and increased demand for flood control and storm water management.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2023
-0.6%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+1.1%
Avg return
30 days after
45%
29 / 65 earnings
Positive
+13.5%
Q2 2023
Best reaction
-14.3%
Q2 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +12.9% | -0.8% | -1.5% | |
| Q4 2025 | +10.3% | +11.3% | +2.4% | |
| Q3 2025 | -5.5% | -9.1% | -8.2% | |
| Q2 2025 | -2.7% | -3.5% | -0.9% | |
| Q1 2025 | +2.4% | +2.2% | +1.7% | |
| Q4 2024 | -2.3% | -0.4% | +1.3% | |
| Q3 2024 | -1.5% | +2.0% | +11.8% | |
| Q2 2024 | +0.5% | +1.7% | -3.2% | |
| Q1 2024 | -8.4% | -9.0% | -8.7% | |
| Q4 2023 | +2.2% | +4.2% | +10.3% | |
| Q3 2023 | -1.9% | -1.0% | +5.6% | |
| Q2 2023 | +13.5% | +15.2% | +9.4% | |
| Q1 2023 | +4.7% | +6.9% | +6.1% | |
| Q4 2022 | -5.3% | -6.9% | -7.2% | |
| Q3 2022 | +1.3% | -0.4% | +3.4% | |
| Q2 2022 | -2.3% | -5.7% | -16.4% | |
| Q1 2022 | +0.4% | -4.2% | -10.7% | |
| Q4 2021 | -4.9% | -3.2% | -2.1% | |
| Q3 2021 | +4.5% | +9.5% | +5.9% | |
| Q2 2021 | +2.0% | +1.0% | +2.5% | |
| Q1 2021 | +0.9% | +0.5% | +2.0% | |
| Q4 2020 | +4.8% | +1.4% | +8.0% | |
| Q3 2020 | -0.5% | -6.1% | +3.0% | |
| Q2 2020 | -0.5% | -2.7% | +0.4% | |
| Q1 2020 | +2.1% | +6.0% | +8.7% | |
| Q4 2019 | -7.6% | -4.9% | -12.0% | |
| Q3 2019 | +2.8% | +3.2% | +0.6% | |
| Q2 2019 | +2.6% | +4.7% | -8.1% | |
| Q1 2019 | -8.3% | -7.8% | -14.6% | |
| Q4 2018 | -2.5% | -1.1% | -1.5% | |
| Q3 2018 | +10.0% | +12.8% | +6.9% | |
| Q2 2018 | -1.0% | -0.0% | +0.9% | |
| Q1 2018 | +4.6% | +4.4% | +12.1% | |
| Q4 2017 | +1.3% | +0.8% | +12.7% | |
| Q3 2017 | -4.4% | -4.3% | -0.9% | |
| Q2 2017 | +13.4% | +9.8% | +4.0% | |
| Q1 2017 | -4.8% | -8.0% | -18.5% | |
| Q4 2016 | -2.0% | -8.0% | -1.1% | |
| Q3 2016 | +2.3% | -3.1% | +32.8% | |
| Q2 2016 | +5.6% | +5.5% | +6.5% | |
| Q1 2016 | -5.5% | — | — | |
| Q4 2015 | -0.1% | — | — | |
| Q3 2015 | +3.9% | — | — | |
| Q2 2015 | -9.8% | — | — | |
| Q1 2015 | -5.4% | — | — | |
| Q4 2014 | -6.6% | — | — | |
| Q3 2014 | -4.8% | — | — | |
| Q2 2014 | -14.3% | — | — | |
| Q1 2014 | +0.2% | — | — | |
| Q4 2013 | -0.9% | — | — | |
| Q3 2013 | +1.9% | — | — | |
| Q2 2013 | +0.4% | — | — | |
| Q1 2013 | -1.5% | — | — | |
| Q4 2012 | -1.7% | — | — | |
| Q3 2012 | +1.7% | — | — | |
| Q2 2012 | -6.1% | — | — | |
| Q1 2012 | -3.6% | — | — | |
| Q4 2011 | -7.3% | — | — | |
| Q3 2011 | -7.9% | — | — | |
| Q2 2011 | -4.5% | — | — | |
| Q1 2011 | -4.7% | — | — | |
| Q4 2010 | -5.2% | — | — | |
| Q3 2010 | +4.8% | — | — | |
| Q2 2010 | -1.6% | — | — | |
| Q1 2010 | +3.0% | — | — |
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