Gorman Rupp (GRC) Tax Rate (2010 - 2026)
Gorman Rupp's Tax Rate was 23.45% in Q2 2026, up 0.94 percentage points from 22.50% a year earlier and up 3.62 percentage points from the prior quarter.
Gorman Rupp (GRC) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Gorman Rupp's Tax Rate was 22.89% through Jun 30, 2026, up 1.82 percentage points year-over-year; for FY2025, it was 23.35%, up 2.79 percentage points from FY2024.
- Tax Rate has now increased for three consecutive years, with a five-year change of +3.96 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 20.55% in FY2024 (+0.06 pp), 20.50% in FY2023 (+1.20 pp), 19.30% in FY2022 (-0.56 pp) and 19.86% in FY2021 (+0.47 pp).
- Quarterly Tax Rate has moved between 8.68% (Q3 2022) and 26.02% (Q3 2025) over five years.
- Compared with a year earlier, Tax Rate was higher in six of the last eight quarters, with an average year-over-year change of +1.30 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2023 (a gain of 9.59 percentage points); the worst was Q3 2022 (a drop of 11.89 percentage points).
- Per Business Quant data, GRC's Tax Rate in the three quarters before Q2 2026 was 19.83% (Q1 2026), 23.25% (Q4 2025) and 26.02% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 24.54% |
| 10 | Gorman Rupp | 2.01 Bn | 1.86 Bn | 60.61 Mn | 23.45% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.45% |
| Mar 31, 2026 | 19.83% |
| Dec 31, 2025 | 23.25% |
| Sep 30, 2025 | 26.02% |
| Jun 30, 2025 | 22.50% |
| Mar 31, 2025 | 21.94% |
| Dec 31, 2024 | 19.75% |
| Sep 30, 2024 | 19.56% |
| Jun 30, 2024 | 21.88% |
| Mar 31, 2024 | 21.82% |
| Dec 31, 2023 | 20.14% |
| Sep 30, 2023 | 18.26% |
| Jun 30, 2023 | 21.00% |
| Mar 31, 2023 | 23.07% |
| Dec 31, 2022 | 23.03% |
| Sep 30, 2022 | 8.68% |
| Mar 31, 2022 | 21.00% |
| Dec 31, 2021 | 17.86% |
| Sep 30, 2021 | 20.57% |
| Jun 30, 2021 | 20.34% |
Gorman Rupp Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=GRC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GRC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=GRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();