Gorman Rupp (GRC) Tax Rate (2010 - 2026)
Gorman Rupp (GRC) reported Tax Rate of 19.83% for Q1 2026, down 211.0% year-over-year from 17.86% in Q1 2025, and down 14.71% quarter-over-quarter from 23.25% in Q4 2025.
Gorman Rupp (GRC) Tax Rate (2010 - 2026) Analysis & Trends
Gorman Rupp (GRC) has 17 years of Tax Rate data on file, last reported at 19.83% in Q1 2026.
- Tax Rate for Q1 2026 came in at 19.83%, down 211.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.6% (up 190.0% YoY), and the FY2025 annual result was 23.35%, up 279.0% from the prior year.
- Tax Rate slipped to 19.83% in Q1 2026 per GRC's latest filing, from 23.25% in the prior quarter.
- Over five years, Tax Rate peaked at 26.02% in Q3 2025 and troughed at 8.68% in Q3 2022.
- A 5-year average of 20.97% and a median of 21.82% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 1189 bps in 2022, then soared 959 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 23.03% in 2022, then rose by 3 bps to 23.83% in 2023, then slipped by 17 bps to 19.75% in 2024, then gained by 18 bps to 23.25% in 2025, then dropped by 15 bps to 19.83% in 2026.
- Business Quant data shows GRC's Tax Rate at 19.83% in Q1 2026, 23.25% in Q4 2025, and 26.02% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 6.94% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 21.68% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 19.21% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 27.19% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 22.07% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 20.58% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 18.99% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 20.23% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 20.12% |
| 10 | Gorman Rupp | 2.03 Bn | 2.00 Bn | 57.36 Mn | 19.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.83% |
| Mar 31, 2026 | 19.83% |
| Dec 31, 2025 | 23.25% |
| Dec 31, 2025 | 23.25% |
| Sep 30, 2025 | 26.02% |
| Sep 30, 2025 | 26.02% |
| Jun 30, 2025 | 22.50% |
| Jun 30, 2025 | 22.50% |
| Mar 31, 2025 | 21.94% |
| Mar 31, 2025 | 21.94% |
| Dec 31, 2024 | 19.75% |
| Dec 31, 2024 | 19.75% |
| Sep 30, 2024 | 19.56% |
| Sep 30, 2024 | 19.56% |
| Jun 30, 2024 | 21.88% |
| Jun 30, 2024 | 21.88% |
| Mar 31, 2024 | 21.82% |
| Mar 31, 2024 | 21.82% |
| Dec 31, 2023 | 23.83% |
| Dec 31, 2023 | 23.83% |