vs
Side-by-side financial comparison of AerSale Corp (ASLE) and GRAHAM CORP (GHM). Click either name above to swap in a different company.
AerSale Corp is the larger business by last-quarter revenue ($90.9M vs $56.7M, roughly 1.6× GRAHAM CORP). AerSale Corp runs the higher net margin — 5.9% vs 5.0%, a 0.9% gap on every dollar of revenue. On growth, GRAHAM CORP posted the faster year-over-year revenue change (20.5% vs -4.0%). AerSale Corp produced more free cash flow last quarter ($9.8M vs $2.4M). Over the past eight quarters, GRAHAM CORP's revenue compounded faster (7.5% CAGR vs 0.2%).
AerSale, Inc. is a Doral, Florida-based global supplier of aftermarket commercial jet aircraft, engines, used materials, and aeronautical engineering services to passenger and cargo airlines, government, multinational original equipment manufacturers, and independent MROs. AerSale is a member of the Aircraft Fleet Recycling Association.
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.
ASLE vs GHM — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $90.9M | $56.7M |
| Net Profit | $5.4M | $2.8M |
| Gross Margin | 34.1% | 23.8% |
| Operating Margin | 7.8% | 5.5% |
| Net Margin | 5.9% | 5.0% |
| Revenue YoY | -4.0% | 20.5% |
| Net Profit YoY | 99.7% | 79.2% |
| EPS (diluted) | $0.10 | $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.
| Q4 25 | $90.9M | $56.7M | ||
| Q3 25 | $71.2M | $66.0M | ||
| Q2 25 | $107.4M | $55.5M | ||
| Q1 25 | $65.8M | $59.3M | ||
| Q4 24 | $94.7M | $47.0M | ||
| Q3 24 | $82.7M | $53.6M | ||
| Q2 24 | $77.1M | $50.0M | ||
| Q1 24 | $90.5M | $49.1M |
| Q4 25 | $5.4M | $2.8M | ||
| Q3 25 | $-120.0K | $3.1M | ||
| Q2 25 | $8.6M | $4.6M | ||
| Q1 25 | $-5.3M | $4.4M | ||
| Q4 24 | $2.7M | $1.6M | ||
| Q3 24 | $509.0K | $3.3M | ||
| Q2 24 | $-3.6M | $3.0M | ||
| Q1 24 | $6.3M | $1.3M |
| Q4 25 | 34.1% | 23.8% | ||
| Q3 25 | 30.2% | 21.7% | ||
| Q2 25 | 32.9% | 26.5% | ||
| Q1 25 | 27.3% | 27.0% | ||
| Q4 24 | 31.4% | 24.8% | ||
| Q3 24 | 28.6% | 23.9% | ||
| Q2 24 | 28.2% | 24.8% | ||
| Q1 24 | 31.8% | 25.9% |
| Q4 25 | 7.8% | 5.5% | ||
| Q3 25 | 4.0% | 6.5% | ||
| Q2 25 | 11.7% | 8.9% | ||
| Q1 25 | -10.1% | 9.3% | ||
| Q4 24 | 5.2% | 4.7% | ||
| Q3 24 | 2.4% | 7.9% | ||
| Q2 24 | -2.4% | 6.5% | ||
| Q1 24 | 5.2% | 3.1% |
| Q4 25 | 5.9% | 5.0% | ||
| Q3 25 | -0.2% | 4.7% | ||
| Q2 25 | 8.0% | 8.3% | ||
| Q1 25 | -8.0% | 7.4% | ||
| Q4 24 | 2.9% | 3.4% | ||
| Q3 24 | 0.6% | 6.1% | ||
| Q2 24 | -4.7% | 5.9% | ||
| Q1 24 | 6.9% | 2.7% |
| Q4 25 | $0.10 | $0.25 | ||
| Q3 25 | $0.00 | $0.28 | ||
| Q2 25 | $0.18 | $0.42 | ||
| Q1 25 | $-0.10 | $0.40 | ||
| Q4 24 | $0.05 | $0.14 | ||
| Q3 24 | $0.01 | $0.30 | ||
| Q2 24 | $-0.07 | $0.27 | ||
| Q1 24 | $0.12 | $0.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.4M | $22.3M |
| Total DebtLower is stronger | $1.3M | — |
| Stockholders' EquityBook value | $424.4M | $131.3M |
| Total Assets | $640.5M | $292.9M |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.4M | $22.3M | ||
| Q3 25 | $5.3M | $20.6M | ||
| Q2 25 | $5.7M | $10.8M | ||
| Q1 25 | $4.7M | $21.6M | ||
| Q4 24 | $4.7M | $30.0M | ||
| Q3 24 | $9.8M | $32.3M | ||
| Q2 24 | $4.3M | $21.6M | ||
| Q1 24 | $2.6M | $16.9M |
| Q4 25 | $1.3M | — | ||
| Q3 25 | $1.5M | — | ||
| Q2 25 | $907.0K | — | ||
| Q1 25 | $1.1M | — | ||
| Q4 24 | $1.2M | — | ||
| Q3 24 | $376.0K | — | ||
| Q2 24 | $522.0K | — | ||
| Q1 24 | $3.5M | — |
| Q4 25 | $424.4M | $131.3M | ||
| Q3 25 | $417.1M | $127.6M | ||
| Q2 25 | $415.9M | $123.4M | ||
| Q1 25 | $406.5M | $119.6M | ||
| Q4 24 | $455.6M | $114.4M | ||
| Q3 24 | $451.5M | $112.5M | ||
| Q2 24 | $449.8M | $108.2M | ||
| Q1 24 | $452.0M | $105.6M |
| Q4 25 | $640.5M | $292.9M | ||
| Q3 25 | $646.3M | $287.0M | ||
| Q2 25 | $646.7M | $252.3M | ||
| Q1 25 | $646.1M | $264.1M | ||
| Q4 24 | $604.7M | $264.3M | ||
| Q3 24 | $601.5M | $249.5M | ||
| Q2 24 | $598.7M | $244.2M | ||
| Q1 24 | $571.7M | $233.9M |
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.00× | — | ||
| Q2 24 | 0.00× | — | ||
| Q1 24 | 0.01× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $11.4M | $4.8M |
| Free Cash FlowOCF − Capex | $9.8M | $2.4M |
| FCF MarginFCF / Revenue | 10.8% | 4.3% |
| Capex IntensityCapex / Revenue | 1.7% | 4.1% |
| Cash ConversionOCF / Net Profit | 2.11× | 1.67× |
| TTM Free Cash FlowTrailing 4 quarters | $-29.1M | $-6.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.4M | $4.8M | ||
| Q3 25 | $-8.9M | $13.6M | ||
| Q2 25 | $19.8M | $-2.3M | ||
| Q1 25 | $-45.2M | $-3.6M | ||
| Q4 24 | $37.5M | $5.2M | ||
| Q3 24 | $10.4M | $13.9M | ||
| Q2 24 | $-15.3M | $8.7M | ||
| Q1 24 | $-21.5M | $8.6M |
| Q4 25 | $9.8M | $2.4M | ||
| Q3 25 | $-9.8M | $9.4M | ||
| Q2 25 | $18.6M | $-9.3M | ||
| Q1 25 | $-47.6M | $-8.7M | ||
| Q4 24 | $32.3M | $-2.1M | ||
| Q3 24 | $8.9M | $10.4M | ||
| Q2 24 | $-18.9M | $5.7M | ||
| Q1 24 | $-25.0M | $4.6M |
| Q4 25 | 10.8% | 4.3% | ||
| Q3 25 | -13.8% | 14.3% | ||
| Q2 25 | 17.3% | -16.7% | ||
| Q1 25 | -72.4% | -14.7% | ||
| Q4 24 | 34.0% | -4.5% | ||
| Q3 24 | 10.7% | 19.5% | ||
| Q2 24 | -24.6% | 11.5% | ||
| Q1 24 | -27.7% | 9.4% |
| Q4 25 | 1.7% | 4.1% | ||
| Q3 25 | 1.3% | 6.3% | ||
| Q2 25 | 1.1% | 12.6% | ||
| Q1 25 | 3.7% | 8.7% | ||
| Q4 24 | 5.6% | 15.6% | ||
| Q3 24 | 1.9% | 6.5% | ||
| Q2 24 | 4.7% | 6.0% | ||
| Q1 24 | 3.9% | 8.2% |
| Q4 25 | 2.11× | 1.67× | ||
| Q3 25 | — | 4.40× | ||
| Q2 25 | 2.31× | -0.49× | ||
| Q1 25 | — | -0.81× | ||
| Q4 24 | 13.89× | 3.29× | ||
| Q3 24 | 20.52× | 4.25× | ||
| Q2 24 | — | 2.94× | ||
| Q1 24 | -3.42× | 6.45× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ASLE
| Products | $57.8M | 64% |
| Maintenance | $23.2M | 26% |
| Leasing Arrangements | $9.9M | 11% |
GHM
| Defense | $35.3M | 62% |
| Energy And Process | $18.3M | 32% |
| Space | $3.1M | 6% |
