# Graham share price today (Graham Corporation, GHM) > Graham Corporation is reporting record margins. GHM · Industrials · Specialty Industrial Machinery · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/ghm Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting worse, from fewer quarters than usual - Price: $73.92 (+18.7% in a year) - P/E: 71.4× (higher than 59% of the last 1 year) - Revenue (Jun 2026): $71.3 M (+28.6% on a year ago) - Profit (Jun 2026): $3.9 M (−14.9% on a year ago) - Operating margin: 6.6% (−2.2 points on a year ago) - ROE: 9%, FY26 - ROIC: 8.2%, against a 10.1% cost of capital: −1.9 points Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. ## What is the Graham share price today? Graham Corporation's share price was $73.92 at the close on 3 November 2026. That is 19.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between $54 and $122, and at that close it sat 29% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 11 weeks running. Over the last 1 year the share price moved +46% while the S&P 500 moved +21%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 21 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Graham pay? Graham Corporation pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Graham on? Graham is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Graham profitable? Graham Corporation earned $3.9 M of net profit in the Jun 2026 quarter, −14.9% on the same quarter a year earlier. Full-year FY26 profit was $12.5 M. That is 5.5% of the quarter's revenue. The same quarter a year earlier earned $4.6 M. For the full year, FY26 profit was $12.5 M (+2.2% on the year before). Why profit moved: revenue changed +28.6% on a year earlier and the margin moved −2.2 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +0.8% and revenue +21.4%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Graham make, and is it growing? Graham Corporation reported $71.3 M of revenue in the Jun 2026 quarter, +28.6% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 18.9% a year on average. The last full year, FY26, came in at $245 M. The last four reported quarters add to $261 M. FY26 revenue was $245 M, +16.9% on the year before. Recent pace: the last four quarters grew +21.4% on average, against 18.9% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +21.2%, against +17.9% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −14.7%, against +55.6% a year (rolling over). ## How much of every $100 of sales does Graham keep? Graham Corporation's operating margin was 6.6% in the Jun 2026 quarter, 2.2 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between −9.2% and 6.5%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed −2.2 percentage points on the year while gross margin changed −1.5 points. So the drop came mostly from the gross margin, which means input costs and prices charged. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is Graham's profit turning into cash? Over the last 3 years, 233% of Graham Corporation's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $15.9 M of operating cash against $12.5 M of profit. After $16.1 M of spending on assets, free cash was −$121 K: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Graham's cash go? Graham Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $44.2 M on assets over the last 3 years. Averaged over those years that is 6.0% of FY26 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $44.2 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Graham's P/E ratio, and how does it compare with its own history? Graham Corporation's P/E is 71.4×, in the middle of its own history: higher than 59% of past readings. Its usual P/E (the middle reading) is 60.3×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +0.9% while the price moved +18.7%. The price did better than earnings, which pushed the multiple up within its own range. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Graham business getting better or worse? Graham Corporation's business is getting worse. Profit and EPS growth are shrinking: profit growth is −14.7% in the latest quarter, against +1141.4% at its best in 12 quarters, with ROE steady at 8.9%. This is based on 12 quarters of 4 measures, with some gaps. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Graham earn on its capital? Graham Corporation earned a ROE of 9% in FY26. That is up from a low of −9% in FY22. Its return on capital used (ROIC) is 1.9 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 5.1% net margin and 0.76× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 5.1% net margin × 0.76× asset turnover × 2.31× leverage (assets divided by equity) ≈ 9.0% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 8.2% − 10.1% = −1.9 percentage points. The 10.1% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 8.2% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 10.5%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Graham have too much debt? Graham Corporation has total debt of $6.8 M against shareholder equity of $192 M as of Jun 2026, so its debt is 0.04× its equity, which is very little. Year by year, that ratio went from 0.28 in FY22 to 0.14 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Graham shareholding pattern? 8.8% of Graham Corporation's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Graham from balance-sheet trouble? For Graham Corporation, the Z-score is 4.22. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 4.22 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Graham rank in its industry? There is no score against its industry: Graham Corporation is not among the largest members shown in this industry comparison for Specialty Industrial Machinery. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Graham compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Graham in size? Graham is the 46th largest of 57 Specialty Industrial Machinery companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: American Superconductor Corporation, Tennant Company and Power Solutions International, Inc. Just below it: Kornit Digital, Babcock & Wilcox Enterprises, Inc. and Park-Ohio Holdings Corp. ### Specialty Industrial Machinery companies close in size 1. [American Superconductor Corporation](https://www.sectoralpha.in/us/stocks/amsc) $1.3 billion 2. [Tennant Company](https://www.sectoralpha.in/us/stocks/tnc) $1.2 billion 3. [Power Solutions International, Inc.](https://www.sectoralpha.in/us/stocks/psix) $1.1 billion 4. Graham Corporation $868 million 5. [Kornit Digital Ltd.](https://www.sectoralpha.in/us/stocks/krnt) $782 million 6. [Babcock & Wilcox Enterprises, Inc.](https://www.sectoralpha.in/us/stocks/bw) $630 million 7. [Park-Ohio Holdings Corp.](https://www.sectoralpha.in/us/stocks/pkoh) $619 million [All 57 Specialty Industrial Machinery companies, largest first](https://www.sectoralpha.in/us/sectors/specialty-industrial-machinery#all-companies) ### Companies close in size in other industries 1. [AGI Inc](https://www.sectoralpha.in/us/stocks/agbk) $833 million · Banks - Regional 2. [FuboTV Inc.](https://www.sectoralpha.in/us/stocks/fubo) $831 million · Broadcasting 3. Graham Corporation $830 million 4. [POET Technologies Inc.](https://www.sectoralpha.in/us/stocks/poet) $830 million · Semiconductors 5. [The Marcus Corporation](https://www.sectoralpha.in/us/stocks/mcs) $830 million · Entertainment ## What else do people ask about Graham? ### What were Graham's latest quarterly results? Graham Corporation reported revenue of $71.3 M and net profit of $3.9 M for the Jun 2026 quarter. Revenue rose 28.6% and profit fell 14.9% compared with a year earlier. Earnings per share were $0.33. The operating margin was 6.6%, 2.2 percentage points lower than a year earlier (as of 3 November 2026). ### What is Graham's market cap? Graham Corporation's market capitalisation is $868 M at a stock price of $73.92. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Graham performing? Graham Corporation's latest readings are below. In its latest quarter, revenue rose 28.6% and profit fell 14.9% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 11 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Graham's stock price go up? This page does not forecast Graham Corporation's stock price. What it shows instead: the stock price is $73.92. Its P/E of 71.4× is higher than 59% of its own last 1 years. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Is Graham's profit real cash? Yes, over the last 3 years, 233% of Graham Corporation's reported profit came in as cash from operations. The latest year was lower at 127%, so the trend is worth watching. In FY26, operating cash was $15.9 M against reported profit of $12.5 M. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is Graham in its business cycle? Graham Corporation's FY26 operating margin was 6.5%, against a 5-year range of −9.2% to 6.5%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 6.6%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Graham story? Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Graham a stock worth studying right now? What the numbers show: Graham Corporation is reporting record margins. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.