Gorman Rupp (GRC) Tax Rate (2010 - 2026)
Gorman Rupp (GRC) posted quarterly Tax Rate of 23.45% for Q2 2026, up 94.0% year-over-year from 12.09% in Q2 2025, and up 18.26% quarter-over-quarter from 19.83% in Q1 2026.
Gorman Rupp (GRC) Tax Rate (2010 - 2026) Analysis & Trends
Gorman Rupp (GRC) has reported Tax Rate for 17 consecutive years, with 23.45% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate rose 94.0% year-over-year to 23.45%; the TTM figure through Jun 2026 stood at 22.89% (down 34.0% YoY), while the FY2025 annual figure was 23.35%, down 1.0% from the prior year.
- Tax Rate rose to 23.45% in Q2 2026 per GRC's latest filing, from 19.83% in the prior quarter.
- Across five years, Tax Rate topped out at 57.47% in Q4 2022 and bottomed at 8.68% in Q3 2022.
- Historically, Tax Rate has averaged 23.59% across 5 years, with a median of 21.91% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 3427 bps — and 2023, when it plunged 3364 bps.
- Gorman Rupp's Tax Rate stood at 57.47% in 2022, then slumped by 59 bps to 23.83% in 2023, then gained by 26 bps to 30.11% in 2024, then slipped by 23 bps to 23.25% in 2025, then advanced by 1 bps to 23.45% in 2026.
- Business Quant data shows GRC's Tax Rate at 23.45% in Q2 2026, 19.83% in Q1 2026, and 23.25% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 29.84% |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 28.06% |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 19.21% |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 21.62% |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 25.14% |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 24.54% |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 17.36% |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 13.19% |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 21.13% |
| 10 | Gorman Rupp | 2.06 Bn | 2.02 Bn | 60.61 Mn | 23.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.45% |
| Jun 30, 2026 | 23.45% |
| Jun 30, 2026 | 23.45% |
| Mar 31, 2026 | 19.83% |
| Mar 31, 2026 | 19.83% |
| Mar 31, 2026 | 19.83% |
| Dec 31, 2025 | 23.25% |
| Dec 31, 2025 | 23.25% |
| Dec 31, 2025 | 23.25% |
| Sep 30, 2025 | 26.02% |
| Sep 30, 2025 | 26.02% |
| Sep 30, 2025 | 26.02% |
| Jun 30, 2025 | 22.50% |
| Jun 30, 2025 | 22.50% |
| Jun 30, 2025 | 22.50% |
| Mar 31, 2025 | 21.94% |
| Mar 31, 2025 | 21.94% |
| Mar 31, 2025 | 21.94% |
| Dec 31, 2024 | 30.11% |
| Dec 31, 2024 | 30.11% |