# Graham Corporation (GHM)

**Exchange:** NYSE  
**Sector:** Industrials  
**Market cap:** $1.07B  
**Price:** $96.06 (-4.21%)

> Graham Corporation is a leading designer and manufacturer of critical equipment for the energy and process industries globally. Its primary focus is on creating custom-engineered vacuum and heat transfer systems essential for petrochemical, defense, and alternative energy sectors. Graham Corporation's offerings include vacuum pumps, ejectors, condensers, and heat exchangers, which play a pivotal role in enhancing the operational efficiency of complex industrial processes. The company's products are integral to ensuring optimal performance and reliability in large-scale industrial operations, contributing to energy efficiency and sustainable practices. Founded in 1936 and headquartered in Batavia, New York, Graham Corporation serves a diverse clientele, including oil refineries, chemical plants, and power generation facilities. The corporation's dedication to quality and innovation helps it maintain a significant role in advancing technological futures in its chosen markets, thus affirming its importance in the global industrial supply chain.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $245M | $58M | $15M | $13M | $1.12 |
| 2025 | $210M | $53M | $15M | $12M | $1.11 |
| 2024 | $186M | $41M | $7M | $5M | $0.42 |
| 2023 | $157M | $25M | $1M | $367,000 | $0.03 |
| 2022 | $123M | $9M | -$11M | -$9M | $-0.83 |
| 2021 | $97M | $20M | $3M | $2M | $0.24 |
| 2020 | $91M | $18M | $652,000 | $2M | $0.19 |
| 2019 | $92M | $22M | — | -$308,000 | $-0.03 |
| 2018 | $78M | $17M | — | -$10M | $-1.01 |
| 2017 | $92M | $22M | — | $5M | $0.52 |
| 2016 | $90M | $23M | — | $6M | $0.61 |
| 2015 | $135M | $42M | — | $15M | $1.45 |
| 2014 | $102M | $32M | — | $10M | $1.00 |
| 2013 | $105M | $32M | — | $11M | $1.11 |
| 2012 | $103M | $33M | — | $11M | $1.06 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2026 | $324M | $183M | $140M | $7M | $13M |
| 2025 | $264M | $145M | $120M | $22M | — |
| 2024 | $234M | $128M | $106M | $17M | — |
| 2023 | $204M | $107M | $97M | $18M | $13M |
| 2022 | $184M | $87M | $96M | $15M | $19M |
| 2021 | $144M | $46M | $98M | $60M | — |
| 2020 | $148M | $51M | $97M | $33M | — |
| 2019 | $156M | $57M | $99M | $15M | — |
| 2018 | $143M | $40M | $103M | $40M | — |
| 2017 | $152M | $37M | $114M | $39M | — |
| 2016 | $143M | $34M | $109M | $24M | — |
| 2015 | $154M | $37M | $117M | $27M | — |
| 2014 | $142M | $36M | $106M | $32M | — |
| 2013 | $127M | $34M | $93M | $24M | — |
| 2012 | $115M | $33M | $82M | $25M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2026 | $16M | $16M | -$121,000 |
| 2025 | $24M | $19M | $5M |
| 2024 | $28M | $9M | $19M |
| 2023 | $14M | $4M | $10M |
| 2022 | -$2M | $2M | -$5M |
| 2021 | -$2M | $2M | -$4M |
| 2020 | $1M | $2M | -$1M |
| 2019 | $8M | $2M | $6M |
| 2018 | $9M | $2M | $6M |
| 2017 | $12M | $325,000 | $12M |
| 2013 | $12M | $2M | $11M |
| 2012 | $3M | $3M | -$638,000 |
| 2011 | -$10M | $2M | -$12M |
| 2010 | $30M | $1M | $29M |

Source: [CompaniesByCap](https://companiesbycap.com/company/GHM)