---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-24-000158"
form_type: "8-K"
ticker: "GRC"
cik: "0000042682"
company_name: "GORMAN RUPP CO"
filed_at: "2024-02-02T23:59:59+00:00"
generated_at: "2026-06-06T10:17:06.381916+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Gorman-Rupp Q4 net income $9.0M ($0.34 EPS) vs $2.4M YoY; full-year revenue up 26.6%

## Summary
- Q4 net sales $160.6M (+10.0% YoY); net income $9.0M vs $2.4M; adjusted EPS $0.34 vs $0.11.
- Full-year net sales $659.5M (+26.6%, +15.8% organic); net income $35.0M ($1.34 EPS) vs $11.2M.
- Record adjusted EBITDA $121.7M, up 37% from $88.7M; debt net of cash reduced $58.2M.
- Backlog $218.1M at Dec 31, 2023, down from $267.4M; incoming orders up 4.4%.
- CEO cites second consecutive year of double-digit organic growth; 51st consecutive year of dividend increases.

## SEC filing metadata
- accession: 0001157523-24-000158
- form_type: 8-K
- ticker: GRC
- cik: 0000042682
- company_name: GORMAN RUPP CO
- filed_at: 2024-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/42682/000115752324000158/0001157523-24-000158-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/42682/000115752324000158/a53891166.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-24-000158
- JSON: https://secwatch.observer/filing/0001157523-24-000158.json
- Plain text: https://secwatch.observer/filing/0001157523-24-000158.txt

## Key facts
- Earnings Releases
  GORMAN RUPP CO reported financial results for the fourth quarter and year ended December 31, 2023.
  - Period: the fourth quarter and year ended December 31, 2023
  - Result: reported results
  source text: On February 2, 2024, The Gorman-Rupp Company (the “Company”) issued a news release announcing its financial results for the fourth quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/42682/000115752324000158/0001157523-24-000158-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.