GHMGRAHAM CORP
General Industrial Machinery & Equipment
- Revenue
- $245M
- 17% YoY
- Operating margin
- 6.1%
- 15% YoY
- EBITDA
- $23M
- 8.2% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -0.7×
- −$15M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear127% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear5% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear10% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $123M | $157M | $186M | $210M | $245M | 17% |
| Operating income | −$11M | $1M | $7M | $15M | $15M | 1.1% |
| Net income | −$9M | $367K | $5M | $12M | $13M | 2.2% |
| Operating cash flow | −$2M | $14M | $28M | $24M | $16M | 34% |
| Capex | $2M | $4M | $9M | $19M | $16M | 15% |
| Stock-based comp | $809K | $806K | $1M | $2M | $2M | 8.9% |
| Buybacks | $41K | $21K | $58K | $854K | — | |
| Dividends | $4M | $0 | $0 | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | — | — | 568 | 208 |
| FY2025 | — | — | 207 | 131 |
| FY2024 | — | — | 196 | 114 |
| FY2023 | — | — | 94 | 94 |
| FY2022 | — | — | 55 | 100 |