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Side-by-side financial comparison of GORMAN RUPP CO (GRC) and INDEPENDENCE REALTY TRUST, INC. (IRT). Click either name above to swap in a different company.

GORMAN RUPP CO is the larger business by last-quarter revenue ($166.6M vs $165.3M, roughly 1.0× INDEPENDENCE REALTY TRUST, INC.). On growth, INDEPENDENCE REALTY TRUST, INC. posted the faster year-over-year revenue change (2.5% vs 2.4%). Over the past eight quarters, GORMAN RUPP CO's revenue compounded faster (2.3% CAGR vs 2.2%).

Gorman-Rupp is a pump manufacturer in Mansfield, Ohio. It manufactures pumps for municipal, water, wastewater, sewage, industrial, construction, petroleum, fire, and OEM markets. The company is traded on the New York Stock Exchange. Its current CEO is Scott King.

Brandywine Realty Trust is a Philadelphia-based real estate investment trust (REIT) that invests in office buildings in Philadelphia, Washington, D.C., and Austin, Texas.

GRC vs IRT — Head-to-Head

Bigger by revenue
GRC
GRC
1.0× larger
GRC
$166.6M
$165.3M
IRT
Growing faster (revenue YoY)
IRT
IRT
+0.2% gap
IRT
2.5%
2.4%
GRC
Faster 2-yr revenue CAGR
GRC
GRC
Annualised
GRC
2.3%
2.2%
IRT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GRC
GRC
IRT
IRT
Revenue
$166.6M
$165.3M
Net Profit
$13.7M
Gross Margin
31.4%
Operating Margin
14.9%
Net Margin
8.3%
Revenue YoY
2.4%
2.5%
Net Profit YoY
25.2%
EPS (diluted)
$0.53
$0.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GRC
GRC
IRT
IRT
Q1 26
$165.3M
Q4 25
$166.6M
$167.1M
Q3 25
$172.8M
$167.1M
Q2 25
$179.0M
$162.2M
Q1 25
$163.9M
$161.2M
Q4 24
$162.7M
$161.0M
Q3 24
$168.2M
$160.1M
Q2 24
$169.5M
$158.4M
Net Profit
GRC
GRC
IRT
IRT
Q1 26
Q4 25
$13.7M
$33.3M
Q3 25
$11.3M
$6.9M
Q2 25
$15.8M
$8.0M
Q1 25
$12.1M
$8.4M
Q4 24
$11.0M
$-1.0M
Q3 24
$12.9M
$12.4M
Q2 24
$8.3M
$10.4M
Gross Margin
GRC
GRC
IRT
IRT
Q1 26
Q4 25
31.4%
Q3 25
29.2%
Q2 25
31.3%
Q1 25
30.7%
Q4 24
30.2%
Q3 24
31.3%
Q2 24
31.9%
Operating Margin
GRC
GRC
IRT
IRT
Q1 26
Q4 25
14.9%
Q3 25
12.4%
Q2 25
15.0%
Q1 25
13.5%
Q4 24
13.0%
Q3 24
14.2%
Q2 24
15.4%
Net Margin
GRC
GRC
IRT
IRT
Q1 26
Q4 25
8.3%
19.9%
Q3 25
6.6%
4.1%
Q2 25
8.8%
5.0%
Q1 25
7.4%
5.2%
Q4 24
6.7%
-0.6%
Q3 24
7.7%
7.7%
Q2 24
4.9%
6.5%
EPS (diluted)
GRC
GRC
IRT
IRT
Q1 26
$0.00
Q4 25
$0.53
$0.14
Q3 25
$0.43
$0.03
Q2 25
$0.60
$0.03
Q1 25
$0.46
$0.04
Q4 24
$0.42
$-0.01
Q3 24
$0.49
$0.05
Q2 24
$0.32
$0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GRC
GRC
IRT
IRT
Cash + ST InvestmentsLiquidity on hand
$35.1M
$23.3M
Total DebtLower is stronger
$307.5M
Stockholders' EquityBook value
$414.7M
$3.4B
Total Assets
$860.1M
$6.1B
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRC
GRC
IRT
IRT
Q1 26
$23.3M
Q4 25
$35.1M
$23.6M
Q3 25
$42.9M
$23.3M
Q2 25
$27.0M
$19.5M
Q1 25
$21.8M
$29.1M
Q4 24
$24.2M
$21.2M
Q3 24
$39.7M
$17.6M
Q2 24
$34.2M
$21.0M
Total Debt
GRC
GRC
IRT
IRT
Q1 26
Q4 25
$307.5M
$2.3B
Q3 25
$322.3M
$2.3B
Q2 25
$337.1M
$2.2B
Q1 25
$352.2M
$2.3B
Q4 24
$366.6M
$2.3B
Q3 24
$381.0M
$2.3B
Q2 24
$395.4M
$2.3B
Stockholders' Equity
GRC
GRC
IRT
IRT
Q1 26
$3.4B
Q4 25
$414.7M
$3.5B
Q3 25
$405.2M
$3.5B
Q2 25
$397.8M
$3.4B
Q1 25
$382.1M
$3.5B
Q4 24
$373.8M
$3.4B
Q3 24
$367.3M
$3.4B
Q2 24
$358.6M
$3.4B
Total Assets
GRC
GRC
IRT
IRT
Q1 26
$6.1B
Q4 25
$860.1M
$6.0B
Q3 25
$869.9M
$6.1B
Q2 25
$861.8M
$6.0B
Q1 25
$857.8M
$6.0B
Q4 24
$858.5M
$6.1B
Q3 24
$883.5M
$5.9B
Q2 24
$891.1M
$5.9B
Debt / Equity
GRC
GRC
IRT
IRT
Q1 26
Q4 25
0.74×
0.66×
Q3 25
0.80×
0.66×
Q2 25
0.85×
0.66×
Q1 25
0.92×
0.65×
Q4 24
0.98×
0.68×
Q3 24
1.04×
0.68×
Q2 24
1.10×
0.66×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GRC
GRC
IRT
IRT
Operating Cash FlowLast quarter
$15.0M
Free Cash FlowOCF − Capex
$10.2M
FCF MarginFCF / Revenue
6.1%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
1.09×
TTM Free Cash FlowTrailing 4 quarters
$88.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRC
GRC
IRT
IRT
Q1 26
Q4 25
$15.0M
$282.1M
Q3 25
$42.3M
$79.3M
Q2 25
$27.8M
$82.2M
Q1 25
$21.1M
$60.4M
Q4 24
$9.3M
$259.8M
Q3 24
$27.2M
$69.2M
Q2 24
$22.7M
$83.0M
Free Cash Flow
GRC
GRC
IRT
IRT
Q1 26
Q4 25
$10.2M
Q3 25
$35.8M
Q2 25
$24.8M
Q1 25
$18.1M
Q4 24
$5.2M
Q3 24
$24.0M
Q2 24
$19.4M
FCF Margin
GRC
GRC
IRT
IRT
Q1 26
Q4 25
6.1%
Q3 25
20.7%
Q2 25
13.9%
Q1 25
11.0%
Q4 24
3.2%
Q3 24
14.3%
Q2 24
11.5%
Capex Intensity
GRC
GRC
IRT
IRT
Q1 26
Q4 25
2.9%
Q3 25
3.8%
Q2 25
1.7%
Q1 25
1.8%
Q4 24
2.5%
Q3 24
1.9%
Q2 24
1.9%
Cash Conversion
GRC
GRC
IRT
IRT
Q1 26
Q4 25
1.09×
8.48×
Q3 25
3.73×
11.51×
Q2 25
1.76×
10.22×
Q1 25
1.74×
7.23×
Q4 24
0.84×
Q3 24
2.10×
5.60×
Q2 24
2.72×
8.02×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GRC
GRC

Industrial$34.7M21%
Fire Market$31.4M19%
Municipal$25.3M15%
Agriculture$22.5M14%
Repair Parts$18.9M11%
Construction$17.3M10%
Original Equipment Manufacturer$10.8M7%
Petroleum$5.6M3%

IRT
IRT

Rental and other property revenue$165.2M100%
Other revenue$109.0K0%

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