---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-186248"
form_type: "8-K"
ticker: "GRC"
cik: "0000042682"
company_name: "GORMAN RUPP CO"
filed_at: "2024-07-26T23:59:59+00:00"
generated_at: "2026-05-31T16:04:24.328007+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gorman-Rupp Q2 adjusted EPS $0.54, up 32% YoY; record Adjusted EBITDA $35.4M

## Summary
- Q2 net sales $169.5M (-0.9% YoY); GAAP net income $8.3M ($0.32 EPS) vs $10.5M ($0.40) prior year.
- Adjusted EPS $0.54 vs $0.41; Adjusted EBITDA $35.4M (20.8% margin) up 4.9% from $33.7M.
- Completed debt refinancing May 31: upsized term loan to $370M, issued $30M 6.40% notes; expects annual interest savings >$7M.
- Incoming orders $162.5M (+5.5% YoY); backlog $224.4M; municipal sales +$6.7M, fire suppression -$8.0M on normalization.
- Gross margin improved 170 bps to 31.9%; six-month gross margin +190 bps to 31.2%; FY capex planned ~$20.0M.

## SEC filing metadata
- accession: 0001193125-24-186248
- form_type: 8-K
- ticker: GRC
- cik: 0000042682
- company_name: GORMAN RUPP CO
- filed_at: 2024-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/42682/000119312524186248/0001193125-24-186248-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/42682/000119312524186248/d819816d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-186248
- JSON: https://secwatch.observer/filing/0001193125-24-186248.json
- Plain text: https://secwatch.observer/filing/0001193125-24-186248.txt

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