vs

Side-by-side financial comparison of GORMAN RUPP CO (GRC) and ROCKY BRANDS, INC. (RCKY). Click either name above to swap in a different company.

GORMAN RUPP CO is the larger business by last-quarter revenue ($166.6M vs $139.7M, roughly 1.2× ROCKY BRANDS, INC.). GORMAN RUPP CO runs the higher net margin — 8.3% vs 4.7%, a 3.6% gap on every dollar of revenue. On growth, ROCKY BRANDS, INC. posted the faster year-over-year revenue change (9.1% vs 2.4%). ROCKY BRANDS, INC. produced more free cash flow last quarter ($16.7M vs $10.2M). Over the past eight quarters, ROCKY BRANDS, INC.'s revenue compounded faster (11.2% CAGR vs 2.3%).

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.

Rocky Brands, Inc., formerly known as Rocky Shoes & Boots, Inc., is a company which designs, develops, manufactures, and markets outdoor, work, western and military footwear, and other outdoor and work apparel and accessories. The company was founded in 1932 in Nelsonville, Ohio, and still maintains its corporate headquarters there.

GRC vs RCKY — Head-to-Head

Bigger by revenue
GRC
GRC
1.2× larger
GRC
$166.6M
$139.7M
RCKY
Growing faster (revenue YoY)
RCKY
RCKY
+6.7% gap
RCKY
9.1%
2.4%
GRC
Higher net margin
GRC
GRC
3.6% more per $
GRC
8.3%
4.7%
RCKY
More free cash flow
RCKY
RCKY
$6.6M more FCF
RCKY
$16.7M
$10.2M
GRC
Faster 2-yr revenue CAGR
RCKY
RCKY
Annualised
RCKY
11.2%
2.3%
GRC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GRC
GRC
RCKY
RCKY
Revenue
$166.6M
$139.7M
Net Profit
$13.7M
$6.5M
Gross Margin
31.4%
41.3%
Operating Margin
14.9%
6.9%
Net Margin
8.3%
4.7%
Revenue YoY
2.4%
9.1%
Net Profit YoY
25.2%
35.7%
EPS (diluted)
$0.53
$0.86

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
RCKY
RCKY
Q4 25
$166.6M
$139.7M
Q3 25
$172.8M
$122.5M
Q2 25
$179.0M
$105.6M
Q1 25
$163.9M
$114.1M
Q4 24
$162.7M
$128.1M
Q3 24
$168.2M
$114.6M
Q2 24
$169.5M
$98.3M
Q1 24
$159.3M
$112.9M
Net Profit
GRC
GRC
RCKY
RCKY
Q4 25
$13.7M
$6.5M
Q3 25
$11.3M
$7.2M
Q2 25
$15.8M
$3.6M
Q1 25
$12.1M
$4.9M
Q4 24
$11.0M
$4.8M
Q3 24
$12.9M
$5.3M
Q2 24
$8.3M
$-1.2M
Q1 24
$7.9M
$2.5M
Gross Margin
GRC
GRC
RCKY
RCKY
Q4 25
31.4%
41.3%
Q3 25
29.2%
40.2%
Q2 25
31.3%
41.0%
Q1 25
30.7%
41.2%
Q4 24
30.2%
41.5%
Q3 24
31.3%
38.1%
Q2 24
31.9%
38.7%
Q1 24
30.4%
39.1%
Operating Margin
GRC
GRC
RCKY
RCKY
Q4 25
14.9%
6.9%
Q3 25
12.4%
9.6%
Q2 25
15.0%
6.8%
Q1 25
13.5%
7.6%
Q4 24
13.0%
6.6%
Q3 24
14.2%
8.8%
Q2 24
15.4%
4.6%
Q1 24
12.8%
7.1%
Net Margin
GRC
GRC
RCKY
RCKY
Q4 25
8.3%
4.7%
Q3 25
6.6%
5.9%
Q2 25
8.8%
3.4%
Q1 25
7.4%
4.3%
Q4 24
6.7%
3.7%
Q3 24
7.7%
4.6%
Q2 24
4.9%
-1.3%
Q1 24
5.0%
2.3%
EPS (diluted)
GRC
GRC
RCKY
RCKY
Q4 25
$0.53
$0.86
Q3 25
$0.43
$0.96
Q2 25
$0.60
$0.48
Q1 25
$0.46
$0.66
Q4 24
$0.42
$0.65
Q3 24
$0.49
$0.70
Q2 24
$0.32
$-0.17
Q1 24
$0.30
$0.34

Balance Sheet & Financial Strength

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

Metric
GRC
GRC
RCKY
RCKY
Cash + ST InvestmentsLiquidity on hand
$35.1M
$2.9M
Total DebtLower is stronger
$307.5M
$122.6M
Stockholders' EquityBook value
$414.7M
$252.1M
Total Assets
$860.1M
$477.5M
Debt / EquityLower = less leverage
0.74×
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRC
GRC
RCKY
RCKY
Q4 25
$35.1M
$2.9M
Q3 25
$42.9M
$3.3M
Q2 25
$27.0M
$2.8M
Q1 25
$21.8M
$2.6M
Q4 24
$24.2M
$3.7M
Q3 24
$39.7M
$3.7M
Q2 24
$34.2M
$4.1M
Q1 24
$27.8M
$3.1M
Total Debt
GRC
GRC
RCKY
RCKY
Q4 25
$307.5M
$122.6M
Q3 25
$322.3M
$139.0M
Q2 25
$337.1M
$132.5M
Q1 25
$352.2M
$128.6M
Q4 24
$366.6M
$128.7M
Q3 24
$381.0M
$150.3M
Q2 24
$395.4M
$152.4M
Q1 24
$400.7M
$156.0M
Stockholders' Equity
GRC
GRC
RCKY
RCKY
Q4 25
$414.7M
$252.1M
Q3 25
$405.2M
$246.1M
Q2 25
$397.8M
$239.1M
Q1 25
$382.1M
$236.2M
Q4 24
$373.8M
$232.2M
Q3 24
$367.3M
$228.3M
Q2 24
$358.6M
$223.8M
Q1 24
$353.7M
$225.3M
Total Assets
GRC
GRC
RCKY
RCKY
Q4 25
$860.1M
$477.5M
Q3 25
$869.9M
$494.0M
Q2 25
$861.8M
$471.0M
Q1 25
$857.8M
$468.2M
Q4 24
$858.5M
$457.3M
Q3 24
$883.5M
$475.0M
Q2 24
$891.1M
$467.9M
Q1 24
$887.4M
$466.5M
Debt / Equity
GRC
GRC
RCKY
RCKY
Q4 25
0.74×
0.49×
Q3 25
0.80×
0.57×
Q2 25
0.85×
0.55×
Q1 25
0.92×
0.54×
Q4 24
0.98×
0.55×
Q3 24
1.04×
0.66×
Q2 24
1.10×
0.68×
Q1 24
1.13×
0.69×

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
RCKY
RCKY
Operating Cash FlowLast quarter
$15.0M
$17.6M
Free Cash FlowOCF − Capex
$10.2M
$16.7M
FCF MarginFCF / Revenue
6.1%
12.0%
Capex IntensityCapex / Revenue
2.9%
0.6%
Cash ConversionOCF / Net Profit
1.09×
2.70×
TTM Free Cash FlowTrailing 4 quarters
$88.9M
$9.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRC
GRC
RCKY
RCKY
Q4 25
$15.0M
$17.6M
Q3 25
$42.3M
$-3.3M
Q2 25
$27.8M
$812.0K
Q1 25
$21.1M
$1.2M
Q4 24
$9.3M
$24.4M
Q3 24
$27.2M
$4.5M
Q2 24
$22.7M
$6.5M
Q1 24
$10.7M
$17.4M
Free Cash Flow
GRC
GRC
RCKY
RCKY
Q4 25
$10.2M
$16.7M
Q3 25
$35.8M
$-5.2M
Q2 25
$24.8M
$-2.4M
Q1 25
$18.1M
$529.0K
Q4 24
$5.2M
$22.9M
Q3 24
$24.0M
$3.5M
Q2 24
$19.4M
$4.6M
Q1 24
$6.8M
$17.1M
FCF Margin
GRC
GRC
RCKY
RCKY
Q4 25
6.1%
12.0%
Q3 25
20.7%
-4.2%
Q2 25
13.9%
-2.2%
Q1 25
11.0%
0.5%
Q4 24
3.2%
17.9%
Q3 24
14.3%
3.0%
Q2 24
11.5%
4.7%
Q1 24
4.3%
15.2%
Capex Intensity
GRC
GRC
RCKY
RCKY
Q4 25
2.9%
0.6%
Q3 25
3.8%
1.5%
Q2 25
1.7%
3.0%
Q1 25
1.8%
0.6%
Q4 24
2.5%
1.2%
Q3 24
1.9%
0.9%
Q2 24
1.9%
1.9%
Q1 24
2.5%
0.2%
Cash Conversion
GRC
GRC
RCKY
RCKY
Q4 25
1.09×
2.70×
Q3 25
3.73×
-0.46×
Q2 25
1.76×
0.23×
Q1 25
1.74×
0.25×
Q4 24
0.84×
5.08×
Q3 24
2.10×
0.85×
Q2 24
2.72×
Q1 24
1.36×
6.82×

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%

RCKY
RCKY

Wholesale$79.6M57%
Retail1$57.0M41%
Contract Manufacturing$3.2M2%

Related Comparisons