Gorman Rupp (GRC) Non-Current Deferred Tax Liability (2010 - 2024)
Gorman Rupp (GRC) posted quarterly Non-Current Deferred Tax Liability of $22.7 million for Q3 2024, up 7.73% year-over-year from $21.0 million in Q4 2023, and up 9.62% quarter-over-quarter from $20.7 million in Q2 2024.
Gorman Rupp (GRC) Non-Current Deferred Tax Liability (2010 - 2024) Analysis & Trends
Gorman Rupp (GRC) has reported Non-Current Deferred Tax Liability for 15 consecutive years, with $22.7 million the latest figure, recorded in Q3 2024.
- In Q3 2024, Non-Current Deferred Tax Liability rose 7.73% year-over-year to $22.7 million; the TTM figure through Sep 2024 stood at $22.7 million (up 7.73% YoY), while the FY2023 annual figure was $23.4 million, up 338.15% from the prior year.
- Non-Current Deferred Tax Liability rose to $22.7 million in Q3 2024 per GRC's latest filing, from $20.7 million in the prior quarter.
- Across five years, Non-Current Deferred Tax Liability topped out at $23.4 million in Q4 2023 and bottomed at $1.6 million in Q4 2021.
- Historically, Non-Current Deferred Tax Liability has averaged $9.0 million across 5 years, with a median of $3.3 million in 2020.
- Annual changes were most pronounced in 2021 — Non-Current Deferred Tax Liability tumbled 46.08% — and 2023, when it jumped 799.44%.
- Gorman Rupp's Non-Current Deferred Tax Liability stood at $3.0 million in 2020, then sank by 44.71% to $1.6 million in 2021, then surged by 225.66% to $5.3 million in 2022, then jumped by 338.15% to $23.4 million in 2023, then retreated by 2.97% to $22.7 million in 2024.
- Business Quant data shows GRC's Non-Current Deferred Tax Liability at $22.7 million in Q3 2024, $20.7 million in Q2 2024, and $21.0 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn |
| 10 | Gorman Rupp | 2.06 Bn | 2.01 Bn | 60.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 22.67 Mn |
| Sep 30, 2024 | 22.67 Mn |
| Jun 30, 2024 | 20.68 Mn |
| Jun 30, 2024 | 20.68 Mn |
| Mar 31, 2024 | 20.97 Mn |
| Mar 31, 2024 | 20.97 Mn |
| Dec 31, 2023 | 23.36 Mn |
| Dec 31, 2023 | 23.36 Mn |
| Sep 30, 2023 | 21.04 Mn |
| Sep 30, 2023 | 21.04 Mn |
| Jun 30, 2023 | 22.24 Mn |
| Jun 30, 2023 | 22.24 Mn |
| Mar 31, 2023 | 7.57 Mn |
| Mar 31, 2023 | 7.57 Mn |
| Dec 31, 2022 | 5.33 Mn |
| Dec 31, 2022 | 5.33 Mn |
| Sep 30, 2022 | 2.34 Mn |
| Sep 30, 2022 | 2.34 Mn |
| Jun 30, 2022 | 2.57 Mn |
| Jun 30, 2022 | 2.57 Mn |