Gorman-Rupp Company (GRC) Investor presentation summary

Investment highlights

• Leading designer and manufacturer of pumps with over 90 years of history and strong brand recognition.

• Broad exposure across fire suppression, industrial, agriculture, construction, municipal, petroleum, and OEM markets reduces cyclicality.

• Competitive advantages include high-quality products, customer-first service, engineering expertise, and a robust distributor network.

• Strong financial profile with consistent margins, cash flow, and disciplined capital allocation, including 53 consecutive years of dividend increases.

• Multiple growth levers: infrastructure investment, market share gains, new products, international expansion, and acquisitions.

Financial performance and growth

• Net sales reached $176.6 million in Q1 2026, up 7.7% year-over-year; record net income of $17.8 million, up 47.8%.

• Adjusted EBITDA increased by over 2.5x since 2020, with a 19.6% rise in Q1 2026 to $35.5 million.

• Adjusted EPS grew 28% in 2024 and 22% in 2025.

• Backlog rose to $247.9 million, up 13.8% from the prior year.

• Free cash flow conversion remains strong at 99% in Q1 2026.

Market and product diversity

• Serves diverse end markets: industrial/chemicals & HVAC (19–21%), fire suppression (19–22%), agriculture & irrigation (14–16%), municipal water/wastewater (12–15%), construction & dewatering (11–13%), OEM (6–8%), refined petroleum (2–4%), and repair parts (9–12%).

• Product range includes pumps for water, wastewater, chemicals, fire suppression, construction, mining, HVAC, food, marine, and medical applications.

• Most repair parts ship within 24 hours, supporting customer service and aftermarket revenue.