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Side-by-side financial comparison of ACNB CORP (ACNB) and GRAHAM CORP (GHM). Click either name above to swap in a different company.

GRAHAM CORP is the larger business by last-quarter revenue ($56.7M vs $47.2M, roughly 1.2× ACNB CORP). ACNB CORP runs the higher net margin — 22.9% vs 5.0%, a 17.9% gap on every dollar of revenue. On growth, ACNB CORP posted the faster year-over-year revenue change (42.2% vs 20.5%). ACNB CORP produced more free cash flow last quarter ($52.6M vs $2.4M). Over the past eight quarters, ACNB CORP's revenue compounded faster (22.1% CAGR vs 7.5%).

ACNB Corp is a US-based financial holding company headquartered in Pennsylvania. It provides a full suite of financial solutions including retail and commercial banking, wealth management, trust services, and property & casualty insurance products. Its core market covers local communities, individual consumers, and small-to-medium enterprises across south-central Pennsylvania and northern Maryland.

Graham Holdings Company is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of The Washington Post newspaper and Newsweek magazine.

ACNB vs GHM — Head-to-Head

Bigger by revenue
GHM
GHM
1.2× larger
GHM
$56.7M
$47.2M
ACNB
Growing faster (revenue YoY)
ACNB
ACNB
+21.7% gap
ACNB
42.2%
20.5%
GHM
Higher net margin
ACNB
ACNB
17.9% more per $
ACNB
22.9%
5.0%
GHM
More free cash flow
ACNB
ACNB
$50.1M more FCF
ACNB
$52.6M
$2.4M
GHM
Faster 2-yr revenue CAGR
ACNB
ACNB
Annualised
ACNB
22.1%
7.5%
GHM

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
ACNB
ACNB
GHM
GHM
Revenue
$47.2M
$56.7M
Net Profit
$10.8M
$2.8M
Gross Margin
23.8%
Operating Margin
27.9%
5.5%
Net Margin
22.9%
5.0%
Revenue YoY
42.2%
20.5%
Net Profit YoY
63.8%
79.2%
EPS (diluted)
$1.10
$0.25

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACNB
ACNB
GHM
GHM
Q4 25
$47.2M
$56.7M
Q3 25
$50.9M
$66.0M
Q2 25
$50.3M
$55.5M
Q1 25
$43.5M
$59.3M
Q4 24
$33.2M
$47.0M
Q3 24
$34.1M
$53.6M
Q2 24
$33.3M
$50.0M
Q1 24
$31.6M
$49.1M
Net Profit
ACNB
ACNB
GHM
GHM
Q4 25
$10.8M
$2.8M
Q3 25
$14.9M
$3.1M
Q2 25
$11.6M
$4.6M
Q1 25
$-272.0K
$4.4M
Q4 24
$6.6M
$1.6M
Q3 24
$7.2M
$3.3M
Q2 24
$11.3M
$3.0M
Q1 24
$6.8M
$1.3M
Gross Margin
ACNB
ACNB
GHM
GHM
Q4 25
23.8%
Q3 25
21.7%
Q2 25
26.5%
Q1 25
27.0%
Q4 24
24.8%
Q3 24
23.9%
Q2 24
24.8%
Q1 24
25.9%
Operating Margin
ACNB
ACNB
GHM
GHM
Q4 25
27.9%
5.5%
Q3 25
37.2%
6.5%
Q2 25
29.7%
8.9%
Q1 25
-1.3%
9.3%
Q4 24
24.8%
4.7%
Q3 24
27.6%
7.9%
Q2 24
42.8%
6.5%
Q1 24
26.9%
3.1%
Net Margin
ACNB
ACNB
GHM
GHM
Q4 25
22.9%
5.0%
Q3 25
29.2%
4.7%
Q2 25
23.2%
8.3%
Q1 25
-0.6%
7.4%
Q4 24
19.9%
3.4%
Q3 24
21.1%
6.1%
Q2 24
33.9%
5.9%
Q1 24
21.4%
2.7%
EPS (diluted)
ACNB
ACNB
GHM
GHM
Q4 25
$1.10
$0.25
Q3 25
$1.42
$0.28
Q2 25
$1.11
$0.42
Q1 25
$-0.03
$0.40
Q4 24
$0.77
$0.14
Q3 24
$0.84
$0.30
Q2 24
$1.32
$0.27
Q1 24
$0.80
$0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACNB
ACNB
GHM
GHM
Cash + ST InvestmentsLiquidity on hand
$65.6M
$22.3M
Total DebtLower is stronger
$255.4M
Stockholders' EquityBook value
$420.0M
$131.3M
Total Assets
$3.2B
$292.9M
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACNB
ACNB
GHM
GHM
Q4 25
$65.6M
$22.3M
Q3 25
$102.1M
$20.6M
Q2 25
$103.1M
$10.8M
Q1 25
$123.6M
$21.6M
Q4 24
$47.3M
$30.0M
Q3 24
$58.1M
$32.3M
Q2 24
$86.3M
$21.6M
Q1 24
$53.1M
$16.9M
Total Debt
ACNB
ACNB
GHM
GHM
Q4 25
$255.4M
Q3 25
$255.4M
Q2 25
$255.4M
Q1 25
$255.3M
Q4 24
$255.3M
Q3 24
$255.3M
Q2 24
$255.3M
Q1 24
$255.3M
Stockholders' Equity
ACNB
ACNB
GHM
GHM
Q4 25
$420.0M
$131.3M
Q3 25
$408.6M
$127.6M
Q2 25
$395.2M
$123.4M
Q1 25
$386.9M
$119.6M
Q4 24
$303.3M
$114.4M
Q3 24
$306.8M
$112.5M
Q2 24
$289.3M
$108.2M
Q1 24
$279.9M
$105.6M
Total Assets
ACNB
ACNB
GHM
GHM
Q4 25
$3.2B
$292.9M
Q3 25
$3.3B
$287.0M
Q2 25
$3.3B
$252.3M
Q1 25
$3.3B
$264.1M
Q4 24
$2.4B
$264.3M
Q3 24
$2.4B
$249.5M
Q2 24
$2.5B
$244.2M
Q1 24
$2.4B
$233.9M
Debt / Equity
ACNB
ACNB
GHM
GHM
Q4 25
0.61×
Q3 25
0.62×
Q2 25
0.65×
Q1 25
0.66×
Q4 24
0.84×
Q3 24
0.83×
Q2 24
0.88×
Q1 24
0.91×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACNB
ACNB
GHM
GHM
Operating Cash FlowLast quarter
$53.6M
$4.8M
Free Cash FlowOCF − Capex
$52.6M
$2.4M
FCF MarginFCF / Revenue
111.4%
4.3%
Capex IntensityCapex / Revenue
2.3%
4.1%
Cash ConversionOCF / Net Profit
4.96×
1.67×
TTM Free Cash FlowTrailing 4 quarters
$92.2M
$-6.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACNB
ACNB
GHM
GHM
Q4 25
$53.6M
$4.8M
Q3 25
$23.2M
$13.6M
Q2 25
$17.8M
$-2.3M
Q1 25
$-71.0K
$-3.6M
Q4 24
$39.8M
$5.2M
Q3 24
$13.6M
$13.9M
Q2 24
$9.7M
$8.7M
Q1 24
$10.8M
$8.6M
Free Cash Flow
ACNB
ACNB
GHM
GHM
Q4 25
$52.6M
$2.4M
Q3 25
$22.8M
$9.4M
Q2 25
$17.6M
$-9.3M
Q1 25
$-730.0K
$-8.7M
Q4 24
$38.8M
$-2.1M
Q3 24
$13.3M
$10.4M
Q2 24
$9.4M
$5.7M
Q1 24
$10.7M
$4.6M
FCF Margin
ACNB
ACNB
GHM
GHM
Q4 25
111.4%
4.3%
Q3 25
44.7%
14.3%
Q2 25
35.0%
-16.7%
Q1 25
-1.7%
-14.7%
Q4 24
117.0%
-4.5%
Q3 24
39.1%
19.5%
Q2 24
28.3%
11.5%
Q1 24
33.9%
9.4%
Capex Intensity
ACNB
ACNB
GHM
GHM
Q4 25
2.3%
4.1%
Q3 25
0.8%
6.3%
Q2 25
0.4%
12.6%
Q1 25
1.5%
8.7%
Q4 24
2.9%
15.6%
Q3 24
0.7%
6.5%
Q2 24
0.9%
6.0%
Q1 24
0.2%
8.2%
Cash Conversion
ACNB
ACNB
GHM
GHM
Q4 25
4.96×
1.67×
Q3 25
1.56×
4.40×
Q2 25
1.52×
-0.49×
Q1 25
-0.81×
Q4 24
6.03×
3.29×
Q3 24
1.88×
4.25×
Q2 24
0.86×
2.94×
Q1 24
1.60×
6.45×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACNB
ACNB

Segment breakdown not available.

GHM
GHM

Defense$35.3M62%
Energy And Process$18.3M32%
Space$3.1M6%

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