CoverageForm 410-K10-Q8-K13D13G13F

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.

Price · GHM

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 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 itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 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 itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 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

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin25.2%21.9%16.2%7.4%21.0%20.0%
Operating margin7.2%3.7%0.8%0.5%3.4%2.6%
EBITDA margin9.8%5.5%3.0%3.0%5.3%4.7%
Net margin5.8%2.5%0.2%-7.1%2.4%2.1%
Free cash flow margin2.6%10.2%6.5%-3.7%-4.0%-1.3%
FCF / Net income0.444.1527.700.52-1.63-0.63
R&D / Revenue1.9%2.1%2.6%3.1%3.5%3.7%
SG&A / Revenue17.7%17.4%14.7%16.6%17.9%18.6%
Effective tax rate20.6%18.3%34.6%-27.3%19.0%
Return on assets4.6%1.9%0.2%-4.8%1.6%1.3%
Return on equity10.2%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 ratio1.041.071.281.472.762.57
Quick ratio0.740.790.971.172.362.12
Cash ratio0.160.140.210.251.370.67
Leverage
Debt / Equity-0.000.130.190.000.00
Debt / Assets-0.000.060.100.000.00
Debt / EBITDA-0.002.634.960.000.00
Interest coverage-26.1x27.9x1.2x1.4x297.0x192.7x
Equity multiplier2.212.222.101.901.471.53
Liabilities / Assets0.550.550.520.470.320.35
Efficiency
Asset turnover0.790.790.770.670.680.61
Inventory turnover3.924.345.016.534.443.25
Days sales outstanding62d87d56d82d65d62d
Days inventory outstanding93d84d73d56d82d112d
Days payable outstanding63d52d56d53d85d72d
Cash conversion cycle91d119d73d85d62d103d
Valuation
P / E26.0x65.0x436.0x-59.3x67.9x
P / B2.7x2.8x1.4x0.8x1.4x1.3x
P / S1.5x1.6x0.9x0.7x1.5x1.4x
EV / EBITDA14.4x27.3x28.1x22.8x15.8x22.1x
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 total
Defense$121.92M · 58.1%
Energy And Process$73.29M · 34.9%
Space$14.68M · 7.0%

Geographic

$209.90M total
US$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

CompanyRevenue (last FY)Net marginROE
ZWS$1.70B11.7%12.3%
ZBRA$5.40B7.8%11.7%
IR$7.65B7.6%5.8%
GTES$3.44B7.3%7.5%
ITW$16.04B19.1%95.0%

Comparing GRAHAM CORP against the 5 most active filers in the same SIC group.

Dividends

$0.00/share trailing 12 months

Ex-datePer 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