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Gorman-Rupp Co (Gorman-Rupp Co) Pretax Margin % : 6.33% (As of Mar. 2024)


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What is Gorman-Rupp Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Gorman-Rupp Co's Pre-Tax Income for the three months ended in Mar. 2024 was $10.1 Mil. Gorman-Rupp Co's Revenue for the three months ended in Mar. 2024 was $159.3 Mil. Therefore, Gorman-Rupp Co's pretax margin for the quarter that ended in Mar. 2024 was 6.33%.

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

GRC' s Pretax Margin % Range Over the Past 10 Years
Min: 2.66   Med: 9.7   Max: 12.35
Current: 6.67


GRC's Pretax Margin % is ranked better than
50.94% of 2972 companies
in the Industrial Products industry
Industry Median: 6.535 vs GRC: 6.67

Gorman-Rupp Co Pretax Margin % Historical Data

The historical data trend for Gorman-Rupp Co's Pretax 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 Pretax Margin % Chart

Gorman-Rupp Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.34 8.95 9.85 2.66 6.67

Gorman-Rupp Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax 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 5.28 7.75 6.56 7.00 6.33

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

For the Specialty Industrial Machinery subindustry, Gorman-Rupp Co's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % Distribution in the Industrial Products Industry

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

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



Gorman-Rupp Co Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=43.961/659.511
=6.67 %

Gorman-Rupp Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=10.084/159.268
=6.33 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Gorman-Rupp Co Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Gorman-Rupp Co's Pretax 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

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