Risk Sleuth
GRC · 10-K filed 2 Mar 2026 · year to 31 Dec 2025

Gorman-Rupp

22 named things its latest annual report says its results depend on, each in the company's own words. 15 of them are also named by other companies we've read.

Read the filing on SEC.gov ↗

Partners and platforms

Independent distributors

earns from
The Company has long-standing relationships with many of the leading independent distributors in the markets it serves and provides specialized training programs to distributors on a regular basis.Business (Item 1)

Also named by FLO, GMED, IR

Other companies

Gorman family

named as a risk
A substantial percentage of the Company’s common shares is held by various members of the Gorman family and their respective affiliates.Risk factors (Item 1A)

Places

International (non-U.S.) customers

earns from · 24% of the Company’s net salesnamed as a risk
In 2025, 24% of the Company’s net sales were to customers outside the United States.Risk factors (Item 1A)

Also named by GPGI, LHX, LMT, NET, RMBS, ZS

United States

operates in · 87% of its employees
The majority of the Company’s manufacturing operations take place in the United States, as evidenced by 87% of its employees being in the Company’s U.S. locations and 13% of its employees being in its international locations.Business (Item 1)

Also named by ABBV, ADP, AJG, AMGN, APA, AXGN, AXP, BALL and 139 more

China

named as a risk
The effects of international trade conflicts between the U.S. and its global trade partners including, without limitation, China, Mexico and Canada, may have an adverse impact on economic conditions, and commodity and raw materials pricing and availability.Risk factors (Item 1A)

Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more

Mexico

named as a risk
The effects of international trade conflicts between the U.S. and its global trade partners including, without limitation, China, Mexico and Canada, may have an adverse impact on economic conditions, and commodity and raw materials pricing and availability.Risk factors (Item 1A)

Also named by AAP, AME, AMRC, ANET, AOS, ARES, AYI, AZO and 83 more

Canada

named as a risk
The effects of international trade conflicts between the U.S. and its global trade partners including, without limitation, China, Mexico and Canada, may have an adverse impact on economic conditions, and commodity and raw materials pricing and availability.Risk factors (Item 1A)

Also named by AAP, AJG, ALL, AMRC, AOS, ARE, BBY, BF/B and 97 more

Hazards

Ukraine and Middle East armed conflicts

named as a risk
In particular, the effects on the global economy from international trade conflicts between the U.S. and its global trade partners including, without limitation, China, Mexico and Canada, and any escalation or broadening of armed conflicts in Ukraine and the Middle East, including attacks on shipping vessels in key shipping routes, are uncertain.Risk factors (Item 1A)

Commodities and inputs

SOFR

exposed to its price · approximately $1.5 millionnamed as a risk
The Company estimates that a hypothetical increase of 100 basis points in interest rates would increase interest expense by approximately $1.5 million on an annual basis.Market risk (Item 7A)

Also named by AAP, AIOT, APG, APH, ARES, AXON, BGC, BR and 82 more

Producer Price Index for Machinery and Equipment – Pumps, Compressors and Equipment

exposed to its price · $4.4 millionnamed as a risk
If inflation causes the Producer Price Index for Machinery and Equipment – Pumps, Compressors and Equipment to increase in future periods, the LIFO reserve will increase with a corresponding increase to non-cash LIFO expense which may negatively impact the Company’s operating results.Risk factors (Item 1A)

Euro

exposed to its pricenamed as a risk
The Company’s foreign currency exchange rate risk is limited primarily to the Euro, Canadian Dollar, South African Rand and British Pound.Market risk (Item 7A)

Also named by ABBV, ABNB, ABT, ADBE, ADI, AME, AMG, AMGN and 186 more

Canadian Dollar

exposed to its pricenamed as a risk
The Company’s foreign currency exchange rate risk is limited primarily to the Euro, Canadian Dollar, South African Rand and British Pound.Market risk (Item 7A)

Also named by ABBV, ADBE, AMG, AYI, BBY, BWXT, CBRE, CDRE and 67 more

British Pound

exposed to its pricenamed as a risk
The Company’s foreign currency exchange rate risk is limited primarily to the Euro, Canadian Dollar, South African Rand and British Pound.Market risk (Item 7A)

Also named by ABBV, ADBE, AJG, AME, AMP, APA, BF/B, BRO and 39 more

Oil

exposed to its pricenamed as a risk
Volatility or sustained increases in prices of commodities such as oil and agricultural products can negatively affect the levels of investment and expenditures of certain customers and result in postponement of capital investment decisions or the delay or cancellation of existing orders.Risk factors (Item 1A)

Also named by AYI, BAX, BSM, GM, J, JBL, JEF, MHK and 6 more

South African Rand

exposed to its pricenamed as a risk
The Company’s foreign currency exchange rate risk is limited primarily to the Euro, Canadian Dollar, South African Rand and British Pound.Market risk (Item 7A)

Also named by AIOT, LNN

Structural steel

depends onnamed as a risk
Substantially all of the materials, supplies, components and accessories used by the Company in the fabrication of its products, including all castings (for which most patterns are made and owned by the Company), structural steel, bar stock, motors, solenoids, engines, seals, and plastic and elastomeric components are purchased by the Company from other suppliers and manufacturers.Business (Item 1)

Also named by FLR

Motors and engines

depends on
The Company purchases motor components for its large submersible pumps, and motors and engines for its pump systems, from a limited number of suppliers.Business (Item 1)

Regulators

U.S. Department of Commerce Bureau of Industry and Security

subject tonamed as a risk
The Company is subject to a variety of laws and regulations regarding international operations, including regulations issued by the U.S. Department of Commerce Bureau of Industry and Security and various other domestic and foreign governmental agencies.Risk factors (Item 1A)

Also named by AMAT, CDNS, COHR, SMCI

Laws and programs

Senior Term Loan Facility

$280.8 million in borrowingsnamed as a risk
At December 31, 2025, the Company had $280.8 million in borrowings under the Senior Term Loan Facility and no borrowings under the Credit Facility.Market risk (Item 7A)

LIFO repeal (U.S. tax law)

subject to · $22.0 million of postponed taxesnamed as a risk
Should LIFO be repealed, the $22.0 million of postponed taxes, plus any future benefit realized prior to the date of repeal, would likely have to be repaid over some period of time.Risk factors (Item 1A)

GR Plan (defined benefit pension plan)

$1.2 millionnamed as a risk
In 2025, the Company recorded pre-tax non-cash pension settlement charges of $1.2 million, driven by lump-sum distributions discussed above.Risk factors (Item 1A)

U.S. tariffs

subject tonamed as a risk
These tariffs, to the extent that they continue to be imposed, and any new or increased tariffs, may increase the cost of imported materials used by our suppliers and in our products.Risk factors (Item 1A)

Also named by A, AAPL, ACHR, ADI, AEHR, AEP, AIOT, AKAM and 170 more