GHM
Graham Corporation
GHM's fundamentals are mixed: revenue grew 16%, but its operating margin fell 1 points to 6%. At 75x earnings, it's trading above its usual 67x. Analysts expect strong earnings growth, though they disagree widely on how much.
GHM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Healthy | |
| Strong |
GHM's revenue, cash flow and balance sheet are currently healthy, and its profitability is stable.
GHM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 50x | $56.44 | -34% |
| Forward | 50x | $85.95 | — |
| Fair | 67x | $76.29 | -11% |
| Current | 75x | $85.95 | — |
| Expensive | 100x | $114 | +33% |
Historical ranges are pointers, not guarantees.
GHM's PE is in its expensive range at 75x. If earnings grow as analysts expect, today's price would be 50x next year's earnings, in its cheap range.
GHM Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for GHM, with profitability improving. However, they disagree widely on these estimates.
GHM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.72 | +51% |
| Q3 2026 | $1.14 | -8.1% |
| Q2 2026 | $1.03 | -18% |
| Q1 2026 | $1.12 | +0.9% |
| Q4 2025 | $1.35 | +65% |
| Q3 2025 | $1.24 | +77% |
| Q2 2025 | $1.26 | +186% |
| Q1 2025 | $1.11 | +164% |
| Q4 2024 | $0.82 | +204% |
GHM earned $1.14 per share over the past year, down 8.1% from the year before.
GHM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $69.8M | +5.7% |
| Q2 2026 | $71.3M | +29% |
| Q1 2026 | $67.1M | +13% |
| Q4 2025 | $56.7M | +21% |
| Q3 2025 | $66M | +23% |
| Q2 2025 | $55.5M | +11% |
| Q1 2025 | $59.3M | +21% |
| Q4 2024 | $47M | +7.3% |
GHM's revenue has grown year over year every quarter since late 2020: $70M last quarter, up 5.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.4% | +1.9 points |
| Q2 2026 | 5.8% | -3.1 points |
| Q1 2026 | 4% | -5.3 points |
| Q4 2025 | 5.5% | +0.8 points |
| Q3 2025 | 6.5% | -1.4 points |
| Q2 2025 | 8.9% | +2.5 points |
| Q1 2025 | 9.3% | +6.2 points |
| Q4 2024 | 4.7% | +2.6 points |
GHM's operating margin was 8.4% last quarter, up 1.9 points from the same quarter a year ago.
GHM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $44.5M | +371% |
| Q2 2026 | -$15.3M | -$6M |
| Q1 2026 | -$2.7M | +$6M |
| Q4 2025 | $2.4M | +$4.5M |
| Q3 2025 | $9.4M | -9.6% |
| Q2 2025 | -$9.3M | -261% |
| Q1 2025 | -$8.7M | -289% |
| Q4 2024 | -$2.1M | -137% |
GHM's free cash flow has turned positive again: $29M over the past year, against −$11M the year before.
GHM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.2% | +145K shares |
| 1 year | +6.5% | +720K shares |
| 3 years | +9.7% | +1M shares |
| 5 years | +11% | +1.2M shares |
| Available history | +20% | +2M shares |
GHM has 12M diluted shares, up 6.5% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | $44,000 |
| Q2 2024 | $810,000 |
| Q1 2024 | $1,000 |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | $57,000 |
GHM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.8x | Net Cash |
| Q2 2026 | -1.2x | Net Cash |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | -0.9x | Net Cash |
| Q3 2025 | -0.9x | Net Cash |
| Q2 2025 | -0.5x | Net Cash |
| Q1 2025 | -1.0x | Net Cash |
| Q4 2024 | -1.8x | Net Cash |
GHM has more cash than debt.
GHM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.2 | Neutral |
| Stochastic | 28.4 | Neutral |
GHM's weekly RSI is 49 (neutral) and its Stochastic is 28 (neutral).
GHM PE vs Industrials Sector
| Metric | GHM | Sector median | Relative |
|---|---|---|---|
| PE | 75x | 24x | 214% above |
| PE % | 68 | 58 | 10 pts above |
GHM is trading at 75x earnings, a 214% premium to the Industrials sector's median of 24x.
GHM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $78.7 | 9.2% above |
| 20 week MA | $91.7 | 6.2% below |
| 50 week MA | $87.8 | 2.1% below |
| 100 week MA | $66.5 | 29% above |
| 200 week MA | $44.2 | 95% above |
GHM's trend is mixed: it's above three of its five weekly moving averages, and 95% above its 200-week average.
GHM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $22.0 | $14.8 | -33% |
| 2021 | $14.8 | $12.7 | -14% |
| 2022 | $12.7 | $9.72 | -23% |
| 2023 | $9.72 | $19.0 | +95% |
| 2024 | $19.0 | $44.2 | +133% |
| 2025 | $44.2 | $71.5 | +62% |
| 2026 YTD | $71.5 | $86.0 | +20% |
GHM has finished lower in three of the last six years. It's up 20% so far in 2026.