GHM · Graham Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $209.90M | $185.53M | $157.12M | $122.81M | $97.49M | $90.60M |
| Cost of Revenue | $157.03M | $144.95M | $131.71M | $113.69M | $77.02M | $72.46M |
| Gross Profit | $52.86M | $40.59M | $25.41M | $9.13M | $20.47M | $18.15M |
| R&D | $4.04M | $3.94M | $4.14M | $3.85M | $3.37M | $3.35M |
| SG&A | $37.14M | $32.22M | $23.06M | $20.39M | $17.47M | $16.87M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $5.43M | $3.27M | $3.51M | $3.08M | $1.95M | $1.96M |
| Operating Income | $15.19M | $6.92M | $1.25M | $652.0K | $3.27M | $2.31M |
| Interest Expense | ($583.0K) | $248.0K | $1.07M | $450.0K | $11.0K | $12.0K |
| Income Tax | $3.18M | $1.02M | $194.0K | ($2.44M) | $893.0K | $440.0K |
| Net Income | $12.23M | $4.56M | $367.0K | ($8.77M) | $2.37M | $1.87M |
| EPS - Basic | $1.12 | $0.42 | $0.03 | ($0.83) | $0.24 | $0.19 |
| EPS - Diluted | $1.11 | $0.42 | $0.03 | ($0.83) | $0.24 | $0.19 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $21.58M | $16.94M | $18.26M | $14.74M | $59.53M | $32.95M |
| Accounts Receivable | $35.51M | $44.40M | $24.00M | $27.64M | $17.38M | $15.40M |
| Inventory | $40.02M | $33.41M | $26.29M | $17.41M | $17.33M | $22.29M |
| Accounts Payable | $27.31M | $20.79M | $20.22M | $16.66M | $17.97M | $14.25M |
| Current Assets | $141.37M | $126.33M | $110.07M | $87.22M | $120.25M | $126.68M |
| Total Assets | $264.11M | $233.88M | $203.92M | $183.69M | $144.28M | $148.12M |
| Current Liabilities | $136.15M | $118.21M | $86.17M | $59.42M | $43.57M | $49.23M |
| Long-term Debt | - | $0 | $12.50M | $18.50M | $0 | $0 |
| Total Liabilities | $144.53M | $128.31M | $106.98M | $87.20M | $46.35M | $51.40M |
| Stockholders' Equity | $119.58M | $105.57M | $96.93M | $96.49M | $97.93M | $96.72M |
| Retained Earnings | $94.23M | $82.00M | $77.44M | $77.08M | $89.37M | $91.39M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $24.32M | $28.12M | $13.91M | ($2.22M) | ($1.72M) | $1.24M |
| Investing Cash Flow | ($19.13M) | ($15.99M) | ($3.75M) | ($57.11M) | $32.40M | $20.88M |
| Financing Cash Flow | ($521.0K) | ($13.39M) | ($6.44M) | $14.42M | ($4.45M) | ($4.51M) |
| CapEx | $18.96M | $9.23M | $3.75M | $2.32M | $2.16M | $2.42M |
| Free Cash Flow | $5.36M | $18.89M | $10.16M | ($4.54M) | ($3.88M) | ($1.18M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 25.2% | 21.9% | 16.2% | 7.4% | 21.0% | 20.0% |
| Operating margin | 7.2% | 3.7% | 0.8% | 0.5% | 3.4% | 2.6% |
| EBITDA margin | 9.8% | 5.5% | 3.0% | 3.0% | 5.3% | 4.7% |
| Net margin | 5.8% | 2.5% | 0.2% | -7.1% | 2.4% | 2.1% |
| Free cash flow margin | 2.6% | 10.2% | 6.5% | -3.7% | -4.0% | -1.3% |
| FCF / Net income | 0.44 | 4.15 | 27.70 | 0.52 | -1.63 | -0.63 |
| R&D / Revenue | 1.9% | 2.1% | 2.6% | 3.1% | 3.5% | 3.7% |
| SG&A / Revenue | 17.7% | 17.4% | 14.7% | 16.6% | 17.9% | 18.6% |
| Effective tax rate | 20.6% | 18.3% | 34.6% | - | 27.3% | 19.0% |
| Return on assets | 4.6% | 1.9% | 0.2% | -4.8% | 1.6% | 1.3% |
| Return on equity | 10.2% | 4.3% | 0.4% | -9.1% | 2.4% | 1.9% |
| Return on invested capital | - | 5.4% | 0.7% | 0.4% | 2.4% | 1.9% |
| Liquidity | ||||||
| Current ratio | 1.04 | 1.07 | 1.28 | 1.47 | 2.76 | 2.57 |
| Quick ratio | 0.74 | 0.79 | 0.97 | 1.17 | 2.36 | 2.12 |
| Cash ratio | 0.16 | 0.14 | 0.21 | 0.25 | 1.37 | 0.67 |
| Leverage | ||||||
| Debt / Equity | - | 0.00 | 0.13 | 0.19 | 0.00 | 0.00 |
| Debt / Assets | - | 0.00 | 0.06 | 0.10 | 0.00 | 0.00 |
| Debt / EBITDA | - | 0.00 | 2.63 | 4.96 | 0.00 | 0.00 |
| Interest coverage | -26.1x | 27.9x | 1.2x | 1.4x | 297.0x | 192.7x |
| Equity multiplier | 2.21 | 2.22 | 2.10 | 1.90 | 1.47 | 1.53 |
| Liabilities / Assets | 0.55 | 0.55 | 0.52 | 0.47 | 0.32 | 0.35 |
| Efficiency | ||||||
| Asset turnover | 0.79 | 0.79 | 0.77 | 0.67 | 0.68 | 0.61 |
| Inventory turnover | 3.92 | 4.34 | 5.01 | 6.53 | 4.44 | 3.25 |
| Days sales outstanding | 62d | 87d | 56d | 82d | 65d | 62d |
| Days inventory outstanding | 93d | 84d | 73d | 56d | 82d | 112d |
| Days payable outstanding | 63d | 52d | 56d | 53d | 85d | 72d |
| Cash conversion cycle | 91d | 119d | 73d | 85d | 62d | 103d |
| Valuation | ||||||
| P / E | 26.0x | 65.0x | 436.0x | - | 59.3x | 67.9x |
| P / B | 2.7x | 2.8x | 1.4x | 0.8x | 1.4x | 1.3x |
| P / S | 1.5x | 1.6x | 0.9x | 0.7x | 1.5x | 1.4x |
| EV / EBITDA | 14.4x | 27.3x | 28.1x | 22.8x | 15.8x | 22.1x |
| Growth | ||||||
| Revenue growth (YoY) | 13.1% | 18.1% | 27.9% | 26.0% | 7.6% | -1.3% |
| Revenue CAGR (3y) | 19.6% | 23.9% | 20.1% | 10.2% | 7.9% | -0.4% |
| Revenue CAGR (5y) | 18.3% | 15.1% | 15.2% | 6.0% | 1.6% | -7.7% |
| Gross profit growth (YoY) | 30.2% | 59.7% | 178.3% | -55.4% | 12.8% | -17.2% |
| Operating income growth (YoY) | 119.4% | 453.8% | 91.7% | -80.0% | 41.3% | - |
| Net income growth (YoY) | 168.4% | 1141.4% | - | - | 26.8% | - |
| EPS growth (YoY) | 164.3% | 1300.0% | - | - | 26.3% | - |
| EPS CAGR (3y) | - | 20.5% | -46.0% | - | - | -28.5% |
| EPS CAGR (5y) | 42.3% | - | - | - | -17.0% | -33.4% |
| FCF growth (YoY) | -71.6% | 85.9% | - | -17.1% | -229.4% | - |
| FCF CAGR (5y) | - | 24.3% | 9.5% | - | - | - |
| Book value growth (YoY) | 13.3% | 8.9% | 0.5% | -1.5% | 1.2% | -2.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-03-31.
Product / service
$209.90M totalDefense$121.92M · 58.1%
Energy And Process$73.29M · 34.9%
Space$14.68M · 7.0%
Geographic
$209.90M totalUS$169.94M · 81.0%
Asia$16.88M · 8.0%
CA$7.59M · 3.6%
All Other Countries$7.23M · 3.4%
Middle East$7.09M · 3.4%
South America$1.17M · 0.6%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.64
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: General Industrial Machinery & Equipment
Comparing GRAHAM CORP against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Nov 8, 2021 | $0.1100 |
| Aug 10, 2021 | $0.1100 |
| Jun 8, 2021 | $0.1100 |
| Feb 9, 2021 | $0.1100 |
| Nov 9, 2020 | $0.1100 |
| Aug 20, 2020 | $0.1100 |
| Jun 18, 2020 | $0.1100 |
| Feb 10, 2020 | $0.1100 |
| Nov 8, 2019 | $0.1100 |
| Aug 20, 2019 | $0.1100 |
| Jun 11, 2019 | $0.1000 |
| Feb 11, 2019 | $0.1000 |
| Nov 20, 2018 | $0.1000 |
| Aug 14, 2018 | $0.1000 |
| Jun 12, 2018 | $0.0900 |
| Feb 13, 2018 | $0.0900 |
| Nov 6, 2017 | $0.0900 |
| Aug 11, 2017 | $0.0900 |
| Jun 8, 2017 | $0.0900 |
| Feb 10, 2017 | $0.0900 |
| Nov 9, 2016 | $0.0900 |
| Aug 9, 2016 | $0.0900 |
| Jun 7, 2016 | $0.0900 |
| Feb 9, 2016 | $0.0900 |