GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gorman-Rupp Co (NYSE:GRC) » Definitions » Operating Margin %

Gorman-Rupp Co (Gorman-Rupp Co) Operating Margin % : 13.57% (As of Dec. 2023)


View and export this data going back to 1972. Start your Free Trial

What is Gorman-Rupp Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Gorman-Rupp Co's Operating Income for the three months ended in Dec. 2023 was $21.8 Mil. Gorman-Rupp Co's Revenue for the three months ended in Dec. 2023 was $160.6 Mil. Therefore, Gorman-Rupp Co's Operating Margin % for the quarter that ended in Dec. 2023 was 13.57%.

Warning Sign:

Gorman-Rupp Co operating margin has been in a 5-year decline. The average rate of decline per year is -1.9%.

The historical rank and industry rank for Gorman-Rupp Co's Operating Margin % or its related term are showing as below:

GRC' s Operating Margin % Range Over the Past 10 Years
Min: 7.71   Med: 10.71   Max: 13.2
Current: 13.2


GRC's Operating Margin % is ranked better than
77.07% of 2970 companies
in the Industrial Products industry
Industry Median: 6.985 vs GRC: 13.20

Gorman-Rupp Co's 5-Year Average Operating Margin % Growth Rate was -1.90% per year.

Gorman-Rupp Co's Operating Income for the three months ended in Dec. 2023 was $21.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $87.0 Mil.


Gorman-Rupp Co Operating Margin % Historical Data

The historical data trend for Gorman-Rupp Co's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gorman-Rupp Co Operating Margin % Chart

Gorman-Rupp Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.01 10.25 10.40 7.71 13.20

Gorman-Rupp Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.57 11.90 14.20 13.06 13.57

Competitive Comparison of Gorman-Rupp Co's Operating Margin %

For the Specialty Industrial Machinery subindustry, Gorman-Rupp Co's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gorman-Rupp Co's Operating Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gorman-Rupp Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Gorman-Rupp Co's Operating Margin % falls into.



Gorman-Rupp Co Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Gorman-Rupp Co's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=87.041 / 659.511
=13.20 %

Gorman-Rupp Co's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=21.788 / 160.565
=13.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gorman-Rupp Co  (NYSE:GRC) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Gorman-Rupp Co Operating Margin % Related Terms

Thank you for viewing the detailed overview of Gorman-Rupp Co's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Gorman-Rupp Co (Gorman-Rupp Co) Business Description

Traded in Other Exchanges
Address
600 South Airport Road, Mansfield, OH, USA, 44903
Gorman-Rupp Co designs, manufactures and globally sells pumps & pump systems for use in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating & air conditioning, military, and other liquid-handling applications. It operates in one business segment, the manufacture & sale of pumps and pump systems, and generates revenue from the same. Geographically, it generates the majority of revenue from the United States.
Executives
Charmaine R Riggins director 6524 RESERVE PINE DRIVE, CARY NC 27519
Kenneth R Reynolds director 1424 GREENBRIER DRIVE, MT VERNON OH 43050
Scott A King officer: Vice President 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
M Ann Harlan director
Jeffrey S Gorman director, officer: President & CEO C/O GORMAN RUPP CO, POST OFFICE BOX 1218, MANSFIELD OH 44901
Christopher H Lake director C/O GORMAN RUPP CO, PO BOX 1217, MANSFIELD OH 44901
D Patrick Wischmeier officer: VP, Information Technology 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
Angela M Morehead officer: Treasurer and Asst. Secretary 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
Vincent K Petrella director
Donald H Bullock director
Sonja K Mcclelland director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Ronald D Pittenger officer: Assistant Treasurer THE GORMAN-RUPP COMPANY, 305 BOWMAN STREET, MANSFIELD OH 44903
Barbara A Woodman officer: VP, Human Resources 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
James Kerr officer: Chief Financial Officer 5555 DARROW ROAD, HUDSON OH 44236
W Wayne Walston director C/O GORMAN RUPP CO, PO BOX 1217, MANSFIELD OH 44901

Gorman-Rupp Co (Gorman-Rupp Co) Headlines

From GuruFocus

Gorman-Rupp Company Declares Cash Dividend

By Business Wire Business Wire 04-28-2023

Gorman-Rupp Company Declares Cash Dividend

By Business Wire Business Wire 07-23-2021

Gorman-Rupp Co (GRC) Reports Q3 2023 Financial Results

By GuruFocus Research 10-27-2023

Gorman-Rupp Company Declares Cash Dividend

By Business Wire Business Wire 07-29-2022

Gorman-Rupp Company Declares Cash Dividend

By Business Wire Business Wire 04-29-2022

Gorman-Rupp Announces 6.9% Increase in Quarterly Cash Dividend

By Business Wire Business Wire 10-23-2020

Gorman-Rupp Announces Charmaine R. Riggins Elected as New Director

By Business Wire Business Wire 04-28-2023

Gorman-Rupp Announces Scott A. King Elected as New Director

By Business Wire Business Wire 04-23-2021