Cash Flow Statement
Growth Metrics

Graham (GHM) Operating Margin (2016 - 2025)

Graham filings provide 16 years of Operating Margin readings, the most recent being 5.51% for Q4 2025.

  • On a quarterly basis, Operating Margin rose 81.0% to 5.51% in Q4 2025 year-over-year; TTM through Dec 2025 was 7.53%, a 192.0% increase, with the full-year FY2025 number at 7.24%, up 351.0% from a year prior.
  • Operating Margin hit 5.51% in Q4 2025 for Graham, down from 6.47% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 17.46% in Q1 2022 to a low of 19.89% in Q2 2021.
  • Median Operating Margin over the past 5 years was 2.92% (2022), compared with a mean of 1.89%.
  • Biggest five-year swings in Operating Margin: soared 2412bps in 2022 and later crashed -2091bps in 2023.
  • Graham's Operating Margin stood at 15.92% in 2021, then soared by 111bps to 1.68% in 2022, then increased by 24bps to 2.08% in 2023, then surged by 126bps to 4.7% in 2024, then grew by 17bps to 5.51% in 2025.
  • The last three reported values for Operating Margin were 5.51% (Q4 2025), 6.47% (Q3 2025), and 8.95% (Q2 2025) per Business Quant data.