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Side-by-side financial comparison of GORMAN RUPP CO (GRC) and Safehold Inc. (SAFE). Click either name above to swap in a different company.

GORMAN RUPP CO is the larger business by last-quarter revenue ($166.6M vs $97.9M, roughly 1.7× Safehold Inc.). Safehold Inc. runs the higher net margin — 28.5% vs 8.3%, a 20.2% gap on every dollar of revenue. On growth, Safehold Inc. posted the faster year-over-year revenue change (6.5% vs 2.4%). Over the past eight quarters, Safehold Inc.'s revenue compounded faster (2.5% 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.

SAFE Investment Company Limited is a Chinese sovereign wealth fund based in Hong Kong.

GRC vs SAFE — Head-to-Head

Bigger by revenue
GRC
GRC
1.7× larger
GRC
$166.6M
$97.9M
SAFE
Growing faster (revenue YoY)
SAFE
SAFE
+4.2% gap
SAFE
6.5%
2.4%
GRC
Higher net margin
SAFE
SAFE
20.2% more per $
SAFE
28.5%
8.3%
GRC
Faster 2-yr revenue CAGR
SAFE
SAFE
Annualised
SAFE
2.5%
2.3%
GRC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GRC
GRC
SAFE
SAFE
Revenue
$166.6M
$97.9M
Net Profit
$13.7M
$27.9M
Gross Margin
31.4%
98.6%
Operating Margin
14.9%
27.4%
Net Margin
8.3%
28.5%
Revenue YoY
2.4%
6.5%
Net Profit YoY
25.2%
7.1%
EPS (diluted)
$0.53
$0.38

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
SAFE
SAFE
Q4 25
$166.6M
$97.9M
Q3 25
$172.8M
$96.2M
Q2 25
$179.0M
$93.8M
Q1 25
$163.9M
$97.7M
Q4 24
$162.7M
$91.9M
Q3 24
$168.2M
$90.7M
Q2 24
$169.5M
$89.9M
Q1 24
$159.3M
$93.2M
Net Profit
GRC
GRC
SAFE
SAFE
Q4 25
$13.7M
$27.9M
Q3 25
$11.3M
$29.3M
Q2 25
$15.8M
$27.9M
Q1 25
$12.1M
$29.4M
Q4 24
$11.0M
$26.0M
Q3 24
$12.9M
$19.3M
Q2 24
$8.3M
$29.7M
Q1 24
$7.9M
$30.7M
Gross Margin
GRC
GRC
SAFE
SAFE
Q4 25
31.4%
98.6%
Q3 25
29.2%
98.5%
Q2 25
31.3%
99.1%
Q1 25
30.7%
98.8%
Q4 24
30.2%
98.8%
Q3 24
31.3%
98.8%
Q2 24
31.9%
98.8%
Q1 24
30.4%
98.8%
Operating Margin
GRC
GRC
SAFE
SAFE
Q4 25
14.9%
27.4%
Q3 25
12.4%
25.9%
Q2 25
15.0%
25.5%
Q1 25
13.5%
25.9%
Q4 24
13.0%
24.6%
Q3 24
14.2%
17.5%
Q2 24
15.4%
26.7%
Q1 24
12.8%
26.4%
Net Margin
GRC
GRC
SAFE
SAFE
Q4 25
8.3%
28.5%
Q3 25
6.6%
30.5%
Q2 25
8.8%
29.8%
Q1 25
7.4%
30.1%
Q4 24
6.7%
28.3%
Q3 24
7.7%
21.3%
Q2 24
4.9%
33.0%
Q1 24
5.0%
33.0%
EPS (diluted)
GRC
GRC
SAFE
SAFE
Q4 25
$0.53
$0.38
Q3 25
$0.43
$0.41
Q2 25
$0.60
$0.39
Q1 25
$0.46
$0.41
Q4 24
$0.42
$0.36
Q3 24
$0.49
$0.27
Q2 24
$0.32
$0.42
Q1 24
$0.30
$0.43

Balance Sheet & Financial Strength

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

Metric
GRC
GRC
SAFE
SAFE
Cash + ST InvestmentsLiquidity on hand
$35.1M
$21.7M
Total DebtLower is stronger
$307.5M
$4.6B
Stockholders' EquityBook value
$414.7M
$2.4B
Total Assets
$860.1M
$7.2B
Debt / EquityLower = less leverage
0.74×
1.90×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRC
GRC
SAFE
SAFE
Q4 25
$35.1M
$21.7M
Q3 25
$42.9M
$12.1M
Q2 25
$27.0M
$13.9M
Q1 25
$21.8M
$17.3M
Q4 24
$24.2M
$8.3M
Q3 24
$39.7M
$15.6M
Q2 24
$34.2M
$13.4M
Q1 24
$27.8M
$11.3M
Total Debt
GRC
GRC
SAFE
SAFE
Q4 25
$307.5M
$4.6B
Q3 25
$322.3M
$4.5B
Q2 25
$337.1M
$4.4B
Q1 25
$352.2M
$4.3B
Q4 24
$366.6M
$4.3B
Q3 24
$381.0M
$4.3B
Q2 24
$395.4M
$4.2B
Q1 24
$400.7M
$4.1B
Stockholders' Equity
GRC
GRC
SAFE
SAFE
Q4 25
$414.7M
$2.4B
Q3 25
$405.2M
$2.4B
Q2 25
$397.8M
$2.4B
Q1 25
$382.1M
$2.4B
Q4 24
$373.8M
$2.3B
Q3 24
$367.3M
$2.3B
Q2 24
$358.6M
$2.3B
Q1 24
$353.7M
$2.3B
Total Assets
GRC
GRC
SAFE
SAFE
Q4 25
$860.1M
$7.2B
Q3 25
$869.9M
$7.1B
Q2 25
$861.8M
$7.1B
Q1 25
$857.8M
$6.9B
Q4 24
$858.5M
$6.9B
Q3 24
$883.5M
$6.8B
Q2 24
$891.1M
$6.8B
Q1 24
$887.4M
$6.7B
Debt / Equity
GRC
GRC
SAFE
SAFE
Q4 25
0.74×
1.90×
Q3 25
0.80×
1.89×
Q2 25
0.85×
1.87×
Q1 25
0.92×
1.85×
Q4 24
0.98×
1.84×
Q3 24
1.04×
1.88×
Q2 24
1.10×
1.81×
Q1 24
1.13×
1.81×

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
SAFE
SAFE
Operating Cash FlowLast quarter
$15.0M
$47.8M
Free Cash FlowOCF − Capex
$10.2M
FCF MarginFCF / Revenue
6.1%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
1.09×
1.72×
TTM Free Cash FlowTrailing 4 quarters
$88.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRC
GRC
SAFE
SAFE
Q4 25
$15.0M
$47.8M
Q3 25
$42.3M
$-1.4M
Q2 25
$27.8M
$28.0M
Q1 25
$21.1M
$8.9M
Q4 24
$9.3M
$37.9M
Q3 24
$27.2M
$8.3M
Q2 24
$22.7M
$24.8M
Q1 24
$10.7M
$-3.1M
Free Cash Flow
GRC
GRC
SAFE
SAFE
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
Q1 24
$6.8M
FCF Margin
GRC
GRC
SAFE
SAFE
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%
Q1 24
4.3%
Capex Intensity
GRC
GRC
SAFE
SAFE
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%
Q1 24
2.5%
Cash Conversion
GRC
GRC
SAFE
SAFE
Q4 25
1.09×
1.72×
Q3 25
3.73×
-0.05×
Q2 25
1.76×
1.00×
Q1 25
1.74×
0.30×
Q4 24
0.84×
1.45×
Q3 24
2.10×
0.43×
Q2 24
2.72×
0.83×
Q1 24
1.36×
-0.10×

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%

SAFE
SAFE

Equity Method Investment Nonconsolidated Investee Or Group Of Investees$60.3M62%
Other$33.7M34%
Stabilized Properties$3.8M4%

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