Gorman-rupp Company (the) · NYSE:GRC
Gorman-rupp Company (the) — The Gorman-Rupp Company — Q2 2026 Earnings Presentation
54 slides from Gorman-rupp Company (the)'s earnings presentation, July 2026
Slide 1: Investor Presentation July 2026
INVESTOR PRESENTATION July 2026 JULY 2026 PRESENTATION
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS In connection with the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, The Gorman-Rupp Company provides the following cautionary statement: This presentation contains various forward-looking statements based on assumptions concerning The G
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS Durable Market Leadership in Essential Applications Gorman Rupp is a leading designer and manufacturer of pumps and pump systems serving mission critical, non-discretionary end markets, supported by more than 90 years of operating history and strong brand recognition. Highly Di
Slide 4: Delivering Profitable Growth
DELIVERING PROFITABLE GROWTH What Where we were: What we have done: 2016-2020 2021-2025 Initiatives/Drivers: Sales (3.0%) 14.4% • Fill-Rite acquisition CAGR Organic – (3.0%) Organic – 8.6% • Post-COVID preparedness Acquisition – 5.7% • Enhanced strategic planning process • New Product Development •
Slide 5: Favorable External Trends
FAVORABLE EXTERNAL TRENDS TREND IMPACT GRC CAPABILITIES Poor infrastructure conditions Aging Water and combined with available federal Broad selection of pumps and systems for Wastewater funding and utility rate increases potable water and wastewater applications Infrastructure leading to increased
Slide 6: Company History
COMPANY HISTORY 1933 - Company founded with $1,500 initial – and only – capital investment 1956 - First international expansion – established Canadian manufacturing facility 1968 - Publicly listed (American Stock Exchange NYSE MKT NYSE in 2017) 1988 - Acquired Patterson Pump Company, manufacture
Slide 7: Industry Overview
INDUSTRY OVERVIEW Pumps are Widely Used in Our Daily Lives – drinking water, wastewater, stormwater, irrigation, appliance cooling, transportation, fuel, industrial products, chemicals, fire suppression, construction, mining, HVAC, food and beverage, marine, medical applications, computer cooling
Slide 8: Competitive Positioning
COMPETITIVE POSITIONING Strong Brands & Customer Loyalty Engineering Expertise Deep application-specific engineering expertise— Reputation for high-quality products and combining in-house design, testing, and customer-first service, creating durable manufacturing—enables Gorman-Rupp to deliver compe
Slide 9: Global Operations
GLOBAL OPERATIONS Mission Statement “To provide a quality product, competitively priced, delivered on time, backed by reliable service, at a profit that provides an equitable return to our shareholders, as well as providing our employees with competitive wages and benefits.” - J.C. Gorman and Herb R
Slide 10: Operating Model
OPERATING MODEL GRC operating model drives value: Centralized operations drive scale, reduce cost, and improve efficiency driving profitable growth and margin resiliency Localized operations (1) support customer-first service through industry leading engineering expertise and deep application ex
Slide 11: Product Diversity
PRODUCT DIVERSITY JULY 2026 PRESENTATION 11
Slide 12: Market Diversity – By Design
MARKET DIVERSITY – BY DESIGN Broad market exposure creates resilient demand base reducing cyclicality and dependence on any single sector Gorman-Rupp Company Markets MARKETS • Industrial/Chemicals & HVAC Supply (19% - 21%)* Repair Parts Refined Industrial / • Fire Suppression (19% - 22%)* Petroleu
Slide 13: Data Center Applications
DATA CENTER APPLICATIONS JULY 2026 PRESENTATION 13
Slide 14: Repair Parts
REPAIR PARTS Most parts ship within 24 hours Consolidated 9% - 12% Large range by market and application – from 30% for Construction/Industrial to minimal for Fire Suppression Approximately 20% adjusted for markets with minimal repairs HOW LONG DO PUMPS LAST? Many Variables by Application Th
Slide 15: International Sales
INTERNATIONAL SALES International sales represent approximately 25% of total company sales annually 2025 Total International International Sales Sales Mix Mexico / South & Central America 20% Europe 26% $85 $79 million million Canada 23% Exported From USA Direct From Locations International Middle
Slide 16: Sales Channels
SALES CHANNELS Sales Channels Most distribution is exclusive by geographic territory and market Other No single distributor makes up > 5% of OEM sales Direct Expectations of distribution: Retail & E- Physical location Commerce Stock inventory Distribution & Sales Reps Service capabilitie
Slide 17: Financial Summary
FINANCIAL SUMMARY JULY 2026 PRESENTATION
Slide 18: Net Sales & Adjusted EPS
NET SALES & ADJUSTED EPS Adjusted EPS growth of 28% in 2024 and 22% in 2025 $800 $2.50 $700 $2.00 $600 $500 $1.50 Millions of Dollars (Adjusted EPS) $400 Dollars (Sales) $1.00 $300 $200 $0.50 $100 $0 $0.00 2021 2022* 2023 2024 2025 See appendix for non-GAAP reconciliations. Net Sales Adjusted EPS
Slide 19: Strong Adjusted EBITDA
STRONG ADJUSTED EBITDA Adjusted EBITDA has increased by over 2.5X since 2020 $140 20% 18% $120 16% $100 14% Millions in Dollars 12% $80 % of Sales 10% $60 8% $40 6% 4% $20 2% $0 0% 2021 2022 2023 2024 2025 Adjusted EBITDA Adjusted EBITDA % of Sales See appendix for non-GAAP reconciliations. JULY 2
Slide 20: 2026 P&L Highlights
2026 P&L HIGHLIGHTS Record Net sales of $186.1 million increased 3.9%, or $7.1 million, compared to the second quarter of 2025 Record net income of $19.4 million, or $0.74 per share, compared to net income of $15.8 million, or $0.60 per share, for the second quarter of 2025 Adjusted EBITDA1 wa
Slide 21: Year to Date 2026 P&L
YEAR TO DATE 2026 P&L Net sales of $362.7 million increased 5.7%, or $19.7 million, compared to the first six months of 2025 Net income of $37.3 million, or $1.41 per share, compared to net income of $27.9 million, or $1.06 per share, in 2025 Adjusted EBITDA1 was $73.7 million and 20.3% of sal
Slide 22: Incoming & Backlog Trend
INCOMING & BACKLOG TREND Total Incoming Orders Backlog $300 $280 $260 $240 $220 Millions $200 $180 $160 $140 $120 $100 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 2025 2026 JULY 2026 PRESENTATION 22
Slide 23: Financial Highlights
FINANCIAL HIGHLIGHTS Net Working Capital Total Debt (millions) (millions) $160 $341 $278 $135 6/30/2026 6/30/2025 6/30/2026 6/30/2025 Free Cash Flow ($) / Cash Capital Allocation Conversion (%) (1) (millions) (millions) 146% 154% $33.0 $30.0 $54.6 $42.9 $10.0 $9.7 $7.9 $6.0 YTD YTD YTD YTD 2026 2025
Slide 24: Leverage Ratio
LEVERAGE RATIO Debt related to 2022 acquisition of Fill-Rite 4.5 4.2 (Total debt net of excess cash / Adjusted EBITDA) 4.0 3.8 3.5 3.5 Total Leverage Ratio 3.3 3.3 3.0 3.1 2.9 2.9 2.8 2.5 2.7 2.4 2.3 2.0 2.1 1.9 1.5 1.0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2023 2024 2025 2026 JULY 2026 PRESEN
Slide 25: Capital Allocation
CAPITAL ALLOCATION Reinvest Dividend Debt Reduction M&A Historical Current Priorities Capital Investment to Support Growth Expected to be ~$20mm per year primarily in machinery & equipment Maintain Dividend Track Record 53 consecutive years of dividend increases Continue to Improve Leverag
Slide 26: History of Increasing Dividends
HISTORY OF INCREASING DIVIDENDS 306 Consecutive quarters of cash dividends 53 Consecutive years of increased cash dividends Among Top 50 U.S. Public Companies $0.80 Current annualized rate $0.76 per share $20.0 $18.0 $0.70 $16.0 $0.60 Annual Dividends Paid ($ Millions) $14.0 Annual Dividend
Slide 27: Profitable Growth
PROFITABLE GROWTH JULY 2026 PRESENTATION
Slide 28: Delivering Profitable Growth
DELIVERING PROFITABLE GROWTH What Where we were: What we have done: Initiatives/Drivers: 2016-2020 2021-2025 Sales (3.0%) 14.4% • Fill-Rite acquisition CAGR Organic – (3.0%) Organic – 8.6% • Post-COVID preparedness Acquisition – 5.7% • Enhanced strategic planning process • New Product Development •
Slide 29: Driving Profitable Growth
DRIVING PROFITABLE GROWTH Where we are going Initiatives/Drivers: What 2026+ Sales Growth Organic CAGR = GDP+ • New Product development and Acquisitions • New markets • Increased distribution coverage • Customer facing technology enhancements • International sales – continue to increase as a percent
Slide 30: History of Growth Through Acquisitions
HISTORY OF GROWTH THROUGH ACQUISITIONS Gorman-Rupp has successfully grown through acquisitions Approach to acquisitions remains disciplined Acquisitions since 2010: Year Company Locations Key Markets 2010 National Pump Company AZ, CA, TX, MS, FL Agriculture, Municipal, Petroleum, Industrial 2012
Slide 31: Disciplined Acquisition Criteria
DISCIPLINED ACQUISITION CRITERIA Criteria Preferences Pumps, pumping related equipment and systems that Products complement existing product lines Chemical / Fuels Marine OEM Markets Municipal Food / BEV / Pharma Industrial Alternative Energy HVAC Dredging Customer-Focused Cult
Slide 32: International Growth
INTERNATIONAL GROWTH Well positioned international facilities provide for local customization Capacity for growth leveraging existing GRC footprint and expanding distribution network Gorman-Rupp Canada Gorman-Rupp Africa Gorman-Rupp Europe Gorman-Rupp Belgium Patterson Pump Ireland Capitalize
Slide 33: Investment Highlights
INVESTMENT HIGHLIGHTS Durable Market Leadership in Essential Applications Gorman Rupp is a leading designer and manufacturer of pumps and pump systems serving mission critical, non-discretionary end markets, supported by more than 90 years of operating history and strong brand recognition. Highly Di
Slide 34: Bios
BIOS Scott A. King, President and Chief Executive Officer Scott was promoted to Chief Executive Officer in January 2022 in addition to his role as President. He served as President and Chief Operating Officer from January 2021 to December 2021. Prior to that he was Vice President and Chief Operating
Slide 35: Appendix
APPENDIX JULY 2026 PRESENTATION
Slide 36: Markets
MARKETS JULY 2026 PRESENTATION
Slide 37: Industrial / Chemicals & HVAC Supply (19% - 21%)
INDUSTRIAL / CHEMICALS & HVAC SUPPLY (19% - 21%) Dependable pumps for manufacturing applications Pumps for moving waste streams, chemicals, viscous materials, and heating/cooling fluids HVAC pump market share expanding MARKET DRIVERS: Industrial construction, expansion and remodeling JULY 2026
Slide 38: Fire Suppression (19% - 22%)
FIRE SUPPRESSION (19% - 22%) Booster pumps for sprinkler systems in large commercial structures Fire pumps are UL/FM Global approved and an industry standard Domestic and international market leader Manufacturing facility in Ireland to serve Europe and Middle East Added additional capacity
Slide 39: Agriculture & Irrigation (14% - 16%)
AGRICULTURE & IRRIGATION (14% - 16%) Irrigation pumps - strategically located branch locations across the U.S. Pumps for fuel transfer, animal waste, pit agitation, and liquid fertilizer MARKET DRIVERS: Grower cash flows from farm commodity prices and weather conditions JULY 2026 PRESENTATION 39
Slide 40: Construction & Dewatering (11% - 13%)
CONSTRUCTION & DEWATERING (11% - 13%) Self-priming and vacuum prime-assisted centrifugal pumps for dewatering foundations, quarries, ditches and streams Diaphragm pumps to remove mud and sand-laden water at construction sites Rotory vane fuel transfer pumps, meters, and accessories for contrac
Slide 41: Municipal Water & Wastewater (12% - 15%)
MUNICIPAL WATER & WASTEWATER (12% - 15%) Pumps and wastewater stations Pre-engineered turn-key systems Custom design capabilities, above and below ground installation Booster pumps and deep-well line shaft pumps provide clean drinking water Municipal water and sewer funding is typically se
Slide 42: Large Custom Municipal Pumps
LARGE CUSTOM MUNICIPAL PUMPS Flood control pumps capable of pumping up to one million gallons per minute Numerous coastal flood protection installments Storm water management Wetland restoration MARKET DRIVERS: Infrastructure build and re-build; natural disasters JULY 2026 PRESENTATION 42
Slide 43: OEM (6% - 8%)
OEM (6% - 8%) OEM Pump supplier to a variety of manufacturers Range of applications including data centers, transportation, appliances, food processing, chemical processing and electronics Military applications MARKET DRIVERS: Growth and new products in numerous commercial, medical and retail
Slide 44: Refined Petroleum (2% - 4%)
REFINED PETROLEUM (2% - 4%) Leader in aircraft refueler market Refinery and pipeline applications Vertical turbine pumps for barge loading and unloading American Petroleum Institute certified pumps Safe bulk handling of volatile fuels MARKET DRIVERS: Petroleum refinery production, storage
Slide 45: Divisions / Markets
DIVISIONS / MARKETS Broad product exposure across multiple end markets creates resilient demand base reducing cyclicality and dependence on any single product or sector. Localized operating model (1) supports customer-first service (2) drives growth, and (3) improves operating efficiency. End Ma
Slide 46: Competition
COMPETITION JULY 2026 PRESENTATION
Slide 47: Notable Pump Competitors
NOTABLE PUMP COMPETITORS GORMAN-RUPP MARKETS Company Fire Suppression Municipal Flood Control Construction Agriculture Industrial Petroleum OEM XYLEM (XYL) – ($9.0B; Pumps/Services $5.9B, 65%) Flygt Goulds AC Fire Pump Bell & Gossettt Godwin Pumps Flow
Slide 48: Notable Pump Competitors
NOTABLE PUMP COMPETITORS GORMAN-RUPP MARKETS Company Fire Suppression Municipal Flood Control Construction Agriculture Industrial Petroleum OEM Pentair (PNR) – ($4.2B; 100% Flow/Pumps) Hydromatic Aurora Fairbanks Nijhuis Dover Corporation (DOV) – ($8.1B; Fluids $4
Slide 49: Notable Pump Competitors
NOTABLE PUMP COMPETITORS GORMAN-RUPP MARKETS Company Fire Suppression Municipal Flood Control Construction Agriculture Industrial Petroleum OEM Hundreds of private companies/divisions Smith & Loveless Industrial Flow Solutions Thompson Pumps Zoeller Pumps Vaugha
Slide 50: Non-GAAP Measures
NON-GAAP MEASURES This presentation includes certain non-GAAP financial data and measures such as adjusted earnings, adjusted earnings per share, adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”), free cash flow, and cash conversion. Adjusted earnings is ear
Slide 51: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION Adjusted earnings (000's): 2021 2022 2023 2024 2025 Reported net income – GAAP basis $ 29,851 $ 11,195 $ 34,951 $ 40,115 $ 53,017 Facility optimization costs - - - - 2,309 Pension settlement charges 1,846 5,216 - - 921 Write-off of unamortized previously deferred debt financi
Slide 52: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION Adjusted EBITDA (000's): 2021 2022 2023 2024 2025 Reported net income - GAAP basis $ 29,851 $ 11,195 $ 34,951 $ 40,115 $ 53,017 Interest expense 1 19,240 41,273 33,621 23,396 Income taxes 7,397 2,677 9,010 10,378 16,147 Depreciation and amortization 11,914 21,158 28,496 27,89
Slide 53: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION Three months ended Six months ended June 30, June 30, Adjusted EBITDA (000's): 2026 2025 2026 2025 Reported net income - GAAP basis $ 19,432 $ 15,797 $ 37,272 $ 27,925 Interest expense 4,659 5,990 9,626 12,192 Income taxes 5,952 4,587 10,364 7,994 Depreciation and amortizatio
Slide 54: July 2026 Presentation
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The Gorman-Rupp Company — Q2 2026 Earnings Presentation on 6ix