The Gorman-Rupp Company (GRC) Balance Sheet
GRC balance sheet, 2025
December 31, 2025 · U.S. dollars$860.1M assets = $445.3M liabilities + $414.7M equity
Both columns are drawn to the same scale: what GRC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
GRC financial health
Descriptive bands, not a rating. Fiscal 2025.
GRC balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $382.8M2016 | $860.1M2025 | +9.4%/yr | |
| Total liabilities | $79.9M2016 | $445.3M2025 | +21.0%/yr | |
| Shareholders’ equity | $302.9M2016 | $414.7M2025 | +3.6%/yr | |
| Cash & short-term investments | $57.6M2016 | $35.1M2025 | −5.4%/yr | |
| Total debt | $11.2M2016 | $327.5M2025 | +45.6%/yr | |
| Net cash (debt) | $46.4M2016 | −$292.4M2025 | −$338.9M | |
| Working capital | $154.5M2016 | $135.1M2025 | −$19.5M | |
| Book value per share | $11.612016 | $15.782025 | +3.5%/yr | |
| Current ratio | 4.132016 | 2.372025 | −1.76 | |
| Debt / equity | 0.042016 | 0.792025 | +0.75 | |
| Shares outstanding | 26.1M2016 | 26.3M2025 | +0.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GRC assets
GRC liabilities and equity
GRC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
GRC balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $35.1M | $24.2M | $30.5M | $6.8M | $125.2M | $108.2M | $80.6M | $46.5M | $79.7M | $57.6M |
| Cash & equivalents | $35.1M | $24.2M | $30.5M | $6.8M | $125.2M | $108.2M | $80.6M | $46.5M | $79.7M | $57.6M |
| Short-term investments | — | — | $955,000 | $1.2M | — | — | — | — | $0 | $0 |
| Receivables | $88.4M | $87.6M | $89.6M | $93.1M | $58.5M | $50.8M | $65.4M | $67.7M | $67.4M | $71.4M |
| Inventory | $96.5M | $99.2M | $104.2M | $111.1M | $85.6M | $82.7M | $76.0M | $87.4M | $75.0M | $69.0M |
| Other current assets | $13.8M | $9.8M | $11.8M | $14.6M | $7.8M | $5.2M | $5.7M | $7.1M | $5.9M | $5.8M |
| Total current assets | $233.7M | $220.8M | $236.1M | $225.5M | $277.2M | $246.8M | $227.7M | $208.7M | $227.9M | $203.9M |
| Property, plant & equipment (net) | $134.1M | $151.3M | $155.1M | $130.8M | $105.4M | $110.3M | $113.6M | $113.5M | $117.1M | $122.1M |
| Goodwill & intangible assets | $470.0M | $482.0M | $494.5M | $507.1M | $33.1M | $34.2M | $35.0M | $36.2M | $37.9M | $42.9M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $22.2M | $4.4M | $4.6M | $9.4M | $5.1M | $3.1M | $6.5M | $9.9M | $12.1M | $14.0M |
| Total assets | $860.1M | $858.5M | $890.4M | $872.8M | $420.8M | $394.5M | $382.8M | $368.3M | $395.0M | $382.8M |
| Liabilities | ||||||||||
| Accounts payable | $25.9M | $24.8M | $23.3M | $24.7M | $17.6M | $9.5M | $16.0M | $16.7M | $15.8M | $16.3M |
| Short-term debt | $24.6M | $19.8M | $22.9M | $18.6M | $580,000 | $710,000 | $640,000 | $9.2M | $7.6M | $11.2M |
| Deferred revenue | — | $6.8M | $12.5M | $6.7M | $9.2M | $8.0M | $4.9M | $5.2M | $460,000 | $1.4M |
| Total current liabilities | $98.6M | $87.5M | $100.7M | $85.2M | $52.4M | $38.5M | $45.5M | $48.5M | $45.7M | $49.4M |
| Long-term debt | $284.4M | $348.5M | $382.6M | $419.3M | $180,000 | $310,000 | $440,000 | $0 | $0 | $0 |
| Other long-term liabilities | $62.3M | $48.7M | $57.6M | $37.1M | $38.2M | $40.1M | $28.9M | $26.7M | $23.8M | $30.6M |
| Total liabilities | $445.3M | $484.7M | $540.9M | $541.6M | $90.8M | $78.9M | $74.9M | $75.2M | $69.5M | $79.9M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $5.1M | $5.1M | $5.1M | $5.1M | $5.1M | $5.1M | $5.1M | $5.1M | $5.1M | $5.1M |
| Retained earnings (deficit) | $418.5M | $384.8M | $363.5M | $346.7M | $353.4M | $340.1M | $330.2M | $308.9M | $332.4M | $318.0M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$20.4M | −$25.4M | −$24.9M | −$24.5M | −$30.3M | −$30.4M | −$28.5M | −$23.4M | −$12.5M | −$20.5M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $414.7M | $373.8M | $349.5M | $331.2M | $330.0M | $315.5M | $307.9M | $293.1M | $325.5M | $302.9M |
| Key figures | ||||||||||
| Total debt | $327.5M | $387.1M | $425.3M | $439.0M | $1.5M | $1.7M | $1.8M | $9.2M | $7.6M | $11.2M |
| Net cash (debt) | −$292.4M | −$362.9M | −$394.8M | −$432.2M | $123.7M | $106.5M | $78.7M | $37.2M | $72.1M | $46.4M |
| Working capital | $135.1M | $133.3M | $135.4M | $140.3M | $224.7M | $208.3M | $182.2M | $160.2M | $182.2M | $154.5M |
| Tangible book value | −$55.3M | −$108.2M | −$145.1M | −$175.9M | $296.9M | $281.3M | $272.9M | $256.9M | $287.6M | $260.0M |
| Book value per share | $15.78 | $14.26 | $13.35 | $12.69 | $12.63 | $12.09 | $11.78 | $11.22 | $12.50 | $11.61 |
| Shares outstanding | 26.3M | 26.2M | 26.2M | 26.1M | 26.1M | 26.1M | 26.1M | 26.1M | 26.0M | 26.1M |
| Current ratio | 2.37 | 2.52 | 2.35 | 2.65 | 5.29 | 6.41 | 5.00 | 4.31 | 4.99 | 4.13 |
| Quick ratio | 1.25 | 1.28 | 1.19 | 1.17 | 3.50 | 4.13 | 3.21 | 2.36 | 3.22 | 2.61 |
| Debt / equity | 0.79 | 1.04 | 1.22 | 1.33 | 0.00 | 0.01 | 0.01 | 0.03 | 0.02 | 0.04 |
| Equity / assets | 48.2% | 43.5% | 39.2% | 37.9% | 78.4% | 80.0% | 80.4% | 79.6% | 82.4% | 79.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $43.6M | $29.9M | $35.1M | $42.9M | $27.0M | $21.8M | $24.2M | $39.7M | $34.2M | $27.8M | $30.5M | $18.2M |
| Cash & equivalents | $43.6M | $29.9M | $35.1M | $42.9M | $27.0M | $21.8M | $24.2M | $39.7M | $34.2M | $27.8M | $30.5M | $18.2M |
| Short-term investments | — | — | — | — | — | — | — | — | $1.3M | $1.3M | $955,000 | $2.0M |
| Receivables | $107.8M | $102.1M | $88.4M | $92.2M | $98.7M | $93.5M | $87.6M | $88.3M | $97.0M | $94.8M | $89.6M | $99.4M |
| Inventory | $87.1M | $95.9M | $96.5M | $94.8M | $97.3M | $99.2M | $99.2M | $101.8M | $101.7M | $101.1M | $104.2M | $103.5M |
| Other current assets | $9.6M | $11.3M | $13.8M | $9.3M | $8.2M | $9.7M | $9.8M | $10.8M | $13.5M | $12.6M | $11.8M | $12.0M |
| Total current assets | $248.1M | $239.2M | $233.7M | $239.3M | $231.3M | $224.3M | $220.8M | $240.6M | $246.4M | $236.2M | $236.1M | $233.1M |
| Property, plant & equipment (net) | $133.3M | $134.0M | $134.1M | $133.7M | $130.9M | $131.5M | $151.3M | $133.6M | $133.8M | $134.9M | $155.1M | $135.6M |
| Goodwill & intangible assets | $463.8M | $466.9M | $470.0M | $473.1M | $476.1M | $479.0M | $482.0M | $485.3M | $488.3M | $491.4M | $494.5M | $497.5M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $21.2M | $21.9M | $22.2M | $23.8M | $23.5M | $23.1M | $4.4M | $23.9M | $22.5M | $24.9M | $4.6M | $25.1M |
| Total assets | $866.5M | $861.9M | $860.1M | $869.9M | $861.8M | $857.8M | $858.5M | $883.5M | $891.1M | $887.4M | $890.4M | $891.4M |
| Liabilities | ||||||||||||
| Accounts payable | $29.9M | $32.2M | $25.9M | $33.4M | $28.0M | $27.4M | $24.8M | $26.2M | $29.1M | $27.7M | $23.3M | $24.7M |
| Short-term debt | — | — | $24.6M | $20.8M | $18.5M | $18.5M | $19.8M | $18.5M | $18.5M | $24.1M | $22.9M | $19.7M |
| Deferred revenue | $10.2M | $10.6M | — | $7.5M | $6.5M | $5.3M | $6.8M | $9.7M | $10.8M | $12.3M | $12.5M | $8.8M |
| Total current liabilities | $88.4M | $81.5M | $98.6M | $115.2M | $96.7M | $92.7M | $87.5M | $100.5M | $100.8M | $101.7M | $100.7M | $102.4M |
| Long-term debt | $275.0M | $292.8M | $284.4M | $301.5M | $318.6M | $333.7M | $348.1M | $362.5M | $376.9M | $376.7M | $382.6M | $390.5M |
| Other long-term liabilities | $61.6M | $62.0M | $62.3M | $48.0M | $48.8M | $49.4M | $49.0M | $53.1M | $54.9M | $55.3M | $57.6M | $51.7M |
| Total liabilities | $425.0M | $436.3M | $445.3M | $464.7M | $464.0M | $475.8M | $484.7M | $516.1M | $532.5M | $533.7M | $540.9M | $544.6M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $5.2M | $5.2M | $5.1M | $5.1M | $5.1M | $5.1M | $5.1M | $5.1M | $5.1M | $5.1M | $5.1M | $5.1M |
| Retained earnings (deficit) | $446.1M | $431.7M | $418.5M | $409.8M | $403.3M | $392.3M | $384.8M | $378.6M | $370.4M | $366.8M | $363.5M | $359.3M |
| Accumulated other comprehensive income | −$20.8M | −$20.9M | −$20.4M | −$20.5M | −$20.6M | −$24.4M | −$25.4M | −$24.8M | −$24.3M | −$24.7M | −$24.9M | −$22.4M |
| Total shareholders' equity | $441.4M | $425.6M | $414.7M | $405.2M | $397.8M | $382.1M | $373.8M | $367.3M | $358.6M | $353.7M | $349.5M | $346.8M |
| Key figures | ||||||||||||
| Total debt | $275.0M | $292.8M | $327.5M | $322.3M | $337.1M | $352.2M | $387.1M | $381.0M | $395.4M | $400.7M | $425.3M | $410.2M |
| Net cash (debt) | −$231.4M | −$262.9M | −$292.4M | −$279.4M | −$310.1M | −$330.4M | −$362.9M | −$341.3M | −$361.1M | −$373.0M | −$394.8M | −$392.0M |
| Working capital | $159.7M | $157.6M | $135.1M | $124.0M | $134.6M | $131.6M | $133.3M | $140.1M | $145.7M | $134.5M | $135.4M | $130.7M |
| Tangible book value | −$22.4M | −$41.3M | −$55.3M | −$67.9M | −$78.4M | −$96.9M | −$108.2M | −$118.0M | −$129.7M | −$137.7M | −$145.1M | −$150.8M |
| Book value per share | $16.74 | $16.16 | $15.78 | $15.41 | $15.14 | $14.56 | $14.25 | $14.01 | $13.68 | $13.50 | $13.34 | $13.24 |
| Shares outstanding | 26.4M | 26.3M | 26.3M | 26.3M | 26.3M | 26.2M | 26.2M | 26.2M | 26.2M | 26.2M | 26.2M | 26.2M |
| Current ratio | 2.81 | 2.93 | 2.37 | 2.08 | 2.39 | 2.42 | 2.52 | 2.39 | 2.45 | 2.32 | 2.35 | 2.28 |
| Quick ratio | 1.71 | 1.62 | 1.25 | 1.17 | 1.30 | 1.24 | 1.28 | 1.27 | 1.30 | 1.20 | 1.19 | 1.15 |
| Debt / equity | 0.62 | 0.69 | 0.79 | 0.80 | 0.85 | 0.92 | 1.04 | 1.04 | 1.10 | 1.13 | 1.22 | 1.18 |
| Equity / assets | 50.9% | 49.4% | 48.2% | 46.6% | 46.2% | 44.5% | 43.5% | 41.6% | 40.2% | 39.9% | 39.2% | 38.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 2, 2026); data from EODHD.
GRC financial position
At the end of fiscal 2025 (December 31, 2025), Gorman-Rupp had total assets of $860.1 million (up 0.2% from a year earlier), total liabilities of $445.3 million and shareholders' equity of $414.7 million. It held $35.1 million in cash and short-term investments against $327.5 million of debt, net debt of $292.4 million. Its current ratio was 2.37. In the latest quarter (ended June 30, 2026) total assets were $866.5 million and equity $441.4 million.
Related: GRC income statement, GRC cash flow statement, GRC key metrics. See the GRC stock overview for the latest quote and news.
GRC balance sheet FAQ
What are Gorman-Rupp's total assets?
Gorman-Rupp reported total assets of $860.1 million at the end of fiscal 2025 (December 31, 2025), compared with $858.5 million a year earlier.
How much debt does Gorman-Rupp have?
Gorman-Rupp had $327.5 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.79.
How much cash does Gorman-Rupp have?
Gorman-Rupp held $35.1 million in cash and short-term investments at the end of fiscal 2025; with $327.5 million of debt that is net debt of $292.4 million.
What is Gorman-Rupp's book value?
Gorman-Rupp's shareholders' equity (book value) was $414.7 million at the end of fiscal 2025, or $15.78 per share.
What is Gorman-Rupp's current ratio?
Gorman-Rupp had current assets of $233.7 million and current liabilities of $98.6 million, a current ratio of 2.37 (it can cover its short-term obligations).
How much goodwill does Gorman-Rupp have?
Gorman-Rupp carried $470.0 million of goodwill and intangible assets, 54.7% of total assets, at the end of fiscal 2025.