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Companies / Industrials / Graham Corporation
GHM

Graham Corporation

IndustrialsIndustrial Machinery
Ticker GHMBATAVIA, NYFiscal year ends MarchBook value per share $16.84Diluted shares 11.8M

Graham Corporation (NYSE: GHM) designs and manufactures custom-engineered fluid, power, heat transfer, vacuum and advanced mixing technologies for the Defense, Energy & Process, and Space industries. Its products include pumps, turbines, ejectors, condensers, heat exchangers, blowers and bladeless centrifugal mixers,… From the company’s description.

Over the twelve months to Sep 30, 2026, Graham Corporation reported revenue of $264.88M, up 16.2% from a year earlier, and net income of $13.36M. Its operating margin was 6.0%, and operations generated $38.68M in cash. In fiscal 2025, it reported revenue of $245.29M, up 16.9% from fiscal 2024, and net income of $12.50M.

Fiscal year 2025 · ends 03-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$245.29MFY2025
+16.9% year over year
Last 12 mo $264.88M
6.12%FY2025
−1.1 percentage points
Last 12 mo 5.95%
$12.50MFY2025
+2.2% year over year
Last 12 mo $13.36M
8.91%FY2025
−1.3 percentage points
Last 12 mo 6.74%
Cash & financing
$15.93MFY2025
−34.5% year over year
Last 12 mo $38.68M
$-0.12MFY2025
−102.3% year over year
Last 12 mo $28.92M
0.09FY2025
Was 0.00× a year earlier
Last 12 mo 0.00
11.1MFY2025
+0.7% year over year
Last 12 mo 11.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Graham Corporation does

In the company’s own words

Graham Corporation (NYSE: GHM) designs and manufactures custom-engineered fluid, power, heat transfer, vacuum and advanced mixing technologies for the Defense, Energy & Process, and Space industries. Its products include pumps, turbines, ejectors, condensers, heat exchangers, blowers and bladeless centrifugal mixers, used in applications such as naval propulsion and power, industrial processing, rocket systems and life support. Customers include defense and aerospace suppliers, refineries, petrochemical plants, engineering and construction firms, and original equipment manufacturers. The company operates across these three end markets; in fiscal 2026, Defense represented approximately 60% of sales and Energy & Process approximately 34%. Graham’s brands include Graham, Barber-Nichols and FlackTek. Recent acquisitions added Xdot’s foil-bearing engineering capabilities and FlackTek’s precision mixing and material-processing systems. The company reported revenue of $198.6 million in fiscal 2026 and had 732 employees as of March 31, 2026. Its website is www.grahamcorp.com.

Company details
Sector
Industrials
Industry (SIC)
Industrial Machinery
Headquarters
BATAVIA, NY
Fiscal year end
March
CIK
716314
SIC
3560

Financial performance, year by year

Fiscal 2011–2025 · USD
$-37.32M$45.10M$127.52M$209.94M$292.35M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Graham Corporation — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

183
funds hold it
1 of 35
superinvestors hold it
$474.83M
held by funds, at market
35.3%
of shares held by funds

Superinvestors in Graham Corporation · what they did last quarter

Polen CapitalDECREASED -11.0%
Polen Capital Management
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Graham Corporation’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets
Brandes Small Cap Value Fund
BSCAX · Datum One Series Trust
3.89%of fund net assets
T. Rowe Price Small-Cap Stock Fund, Inc.
OTCFX · T. ROWE PRICE SMALL-CAP STOCK FUND, INC.
0.24%of fund net assets
Royce Small-Cap Fund
PENNX · ROYCE FUND
0.89%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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