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Sturm, Ruger & Company, Inc.
Company type	Public
Traded as	NYSE: RGR; S&P 600 Component
Industry	Firearms
Founded	1949; 76 years ago
Founders	William B. Ruger,; Alexander McCormick Sturm
Headquarters	Southport, Connecticut, U.S.
Area served	Worldwide
Key people	Ronald C. Whitaker (Chairman); Christopher J. Killoy (President and CEO)
Products	Revolvers, pistols, rifles, shotguns
Revenue	$664 million (2016)
Operating income	595,840,000 United States dollar (2022)
Net income	$88 million (2016)
Number of employees	2,120 (2016)
Subsidiaries	Marlin Firearms
Website	www.ruger.com

Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.

Ruger produces bolt-action, semi-automatic, and single-shot rifles, semi-automatic pistols, and single- and double-action revolvers.^[4] According to the ATF statistics for 2022,^[5] Ruger is the largest firearm manufacturer^[6] in the United States, surpassing Smith & Wesson.

History

Sturm, Ruger & Company was founded by William B. Ruger and Alexander McCormick Sturm in 1949 in a small rented machine shop in Southport, Connecticut.^[7]

Just prior to their partnership, Bill Ruger had successfully duplicated two Japanese "baby" Nambu pistols in his garage, from a captured Nambu that he acquired from a returning Marine, at the close of World War II. When it came to designing the Company's first product, Bill Ruger designed a semi-auto pistol that incorporated the looks of the German 9mm Luger P08 and the American Colt Woodsman into their first commercially produced .22 caliber pistol (see Ruger Standard), which became so successful that it launched the entire company.^[7]

Ruger is a dominant manufacturer in the .22 LR rimfire rifle market in the U.S., due primarily to the sales of its Ruger 10/22 semiautomatic rifle.^[8] The 10/22 is very popular due to its reputation for being relatively inexpensive and of high quality.^[9] As a result, a wealth of after-market accessories and parts were made available for it, which has further increased its popularity.^[8]

Ruger similarly dominates the .22 rimfire semi-automatic pistol market with the Ruger Mark IV, a descendant of the Ruger Standard pistol. Like the 10/22, the Mark Series is supported with a wide variety of after-market accessories. The 22/45 is similar to the Ruger Standard family of pistols but features a different grip angle, that of the Colt 1911 (as opposed to that of a Luger utilized in the Ruger Standard).^[10]

Ruger is also renowned for the production of high-quality revolvers, such as the GP100 and Redhawk lines. They also have some presence in the semi-auto pistol market, with the SR1911 and SR22 lines of handguns.

From 1949 through 2004, Ruger manufactured over 20 million firearms. The company is headquartered in Southport, Connecticut, and maintains manufacturing facilities in Newport, New Hampshire, Prescott, Arizona, and Mayodan, North Carolina. Ruger's subsidiaries are Ruger Precision Metals LLC in Earth City, Missouri, Pine Tree Castings in Newport, New Hampshire, and Ruger Sportswear & Accessories in Mayodan, North Carolina.^[11] Ruger's Pine Tree Castings division makes ferrous, ductile iron, and commercial titanium castings. Ruger had a division known as Ruger Golf, making steel and titanium castings for golf clubs made by a number of different brands in the 1990s.^[12]

Sturm, Ruger stock has been publicly traded since 1969 and became a New York Stock Exchange company in 1990 (NYSE:RGR). After Alex Sturm's death in 1951, William B. Ruger continued to direct the company until his death in 2002.

In September 2020, the company bought the Marlin Firearms company from bankrupt Remington Outdoor Company.^[13] Just one year after the acquisition of Marlin, Ruger introduced the first Ruger-made Marlin lever-action rifle, the Model 1895 SBL.

In 2024, Ruger is celebrating their 75th anniversary.

Statistics

Ruger was ranked the number one U.S. firearms manufacturer from 2008 to 2011. In 2011, Ruger manufactured 1,114,687 firearms, as their promotion, the "Million Gun Challenge to Benefit the NRA", played a significant role in the company maintaining its top U.S. manufacturer status.^[14] The company has set a new goal of 2 million firearms produced per year.^[15] From 2009 to 2012, Ruger was the top-seller of handguns.^[16]