Growth Metrics

Gorman Rupp (GRC) Tax Rate (2016 - 2025)

Gorman Rupp (GRC) has disclosed Tax Rate for 15 consecutive years, with 30.11% as the latest value for Q4 2024.

  • On a quarterly basis, Tax Rate changed N/A to 30.11% in Q4 2024 year-over-year; TTM through Dec 2024 was 23.21%, a N/A change, with the full-year FY2025 number at 8.39%, down 1497.0% from a year prior.
  • Tax Rate was 30.11% for Q4 2024 at Gorman Rupp, up from 19.49% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 30.11% in Q4 2024 to a low of 6.1% in Q4 2021.
  • A 5-year average of 18.94% and a median of 20.27% in 2021 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: tumbled -321bps in 2021, then surged 394bps in 2022.
  • Gorman Rupp's Tax Rate stood at 17.84% in 2020, then plummeted by -134bps to 6.1% in 2021, then soared by 444bps to 21.02% in 2022, then dropped by -13bps to 18.26% in 2023, then soared by 65bps to 30.11% in 2024.
  • Per Business Quant, the three most recent readings for GRC's Tax Rate are 30.11% (Q4 2024), 19.49% (Q3 2024), and 21.88% (Q2 2024).