Gorman Rupp (GRC) Tax Rate (2009 - 2026)
Gorman Rupp's Tax Rate was 23.87% in Q3 2026, down 2.15 percentage points from 26.02% a year earlier but up 0.42 percentage points from the prior quarter.
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Analysis
Gorman Rupp (GRC) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Gorman Rupp's Tax Rate was 22.70% through Sep 30, 2026, up 0.08 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 five of the last eight quarters, with an average year-over-year change of +0.87 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 Q3 2026 was 23.45% (Q2 2026), 19.83% (Q1 2026) and 23.25% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 22.94% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 27.38% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 21.24% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 22.25% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 15.63% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 25.27% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 24.40% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 23.15% |
| 10 | Gorman Rupp | 1.85 Bn | 1.69 Bn | 64.52 Mn | 23.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.87% |
| 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% |
API Access
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_KEYimport 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();