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

MEDALLION FINANCIAL CORP is the larger business by last-quarter revenue ($70.6M vs $56.7M, roughly 1.2× GRAHAM CORP). MEDALLION FINANCIAL CORP runs the higher net margin — 17.3% vs 5.0%, a 12.3% gap on every dollar of revenue. On growth, MEDALLION FINANCIAL CORP posted the faster year-over-year revenue change (25.4% vs 20.5%). Over the past eight quarters, MEDALLION FINANCIAL CORP's revenue compounded faster (15.0% CAGR vs 7.5%).

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.

Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country.

GHM vs MFIN — Head-to-Head

Bigger by revenue
MFIN
MFIN
1.2× larger
MFIN
$70.6M
$56.7M
GHM
Growing faster (revenue YoY)
MFIN
MFIN
+4.9% gap
MFIN
25.4%
20.5%
GHM
Higher net margin
MFIN
MFIN
12.3% more per $
MFIN
17.3%
5.0%
GHM
Faster 2-yr revenue CAGR
MFIN
MFIN
Annualised
MFIN
15.0%
7.5%
GHM

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
GHM
GHM
MFIN
MFIN
Revenue
$56.7M
$70.6M
Net Profit
$2.8M
$12.2M
Gross Margin
23.8%
Operating Margin
5.5%
29.3%
Net Margin
5.0%
17.3%
Revenue YoY
20.5%
25.4%
Net Profit YoY
79.2%
20.3%
EPS (diluted)
$0.25
$0.50

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
GHM
GHM
MFIN
MFIN
Q4 25
$56.7M
$70.6M
Q3 25
$66.0M
$58.7M
Q2 25
$55.5M
$62.6M
Q1 25
$59.3M
$63.0M
Q4 24
$47.0M
$56.3M
Q3 24
$53.6M
$53.3M
Q2 24
$50.0M
$51.0M
Q1 24
$49.1M
$53.3M
Net Profit
GHM
GHM
MFIN
MFIN
Q4 25
$2.8M
$12.2M
Q3 25
$3.1M
$7.8M
Q2 25
$4.6M
$11.1M
Q1 25
$4.4M
$12.0M
Q4 24
$1.6M
$10.1M
Q3 24
$3.3M
$8.6M
Q2 24
$3.0M
$7.1M
Q1 24
$1.3M
$10.0M
Gross Margin
GHM
GHM
MFIN
MFIN
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
GHM
GHM
MFIN
MFIN
Q4 25
5.5%
29.3%
Q3 25
6.5%
33.2%
Q2 25
8.9%
31.1%
Q1 25
9.3%
32.1%
Q4 24
4.7%
32.8%
Q3 24
7.9%
26.6%
Q2 24
6.5%
24.3%
Q1 24
3.1%
33.6%
Net Margin
GHM
GHM
MFIN
MFIN
Q4 25
5.0%
17.3%
Q3 25
4.7%
13.2%
Q2 25
8.3%
17.7%
Q1 25
7.4%
19.1%
Q4 24
3.4%
18.0%
Q3 24
6.1%
16.1%
Q2 24
5.9%
13.9%
Q1 24
2.7%
18.8%
EPS (diluted)
GHM
GHM
MFIN
MFIN
Q4 25
$0.25
$0.50
Q3 25
$0.28
$0.32
Q2 25
$0.42
$0.46
Q1 25
$0.40
$0.50
Q4 24
$0.14
$0.43
Q3 24
$0.30
$0.37
Q2 24
$0.27
$0.30
Q1 24
$0.11
$0.42

Balance Sheet & Financial Strength

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

Metric
GHM
GHM
MFIN
MFIN
Cash + ST InvestmentsLiquidity on hand
$22.3M
$136.3M
Total DebtLower is stronger
$216.0M
Stockholders' EquityBook value
$131.3M
$408.6M
Total Assets
$292.9M
$3.0B
Debt / EquityLower = less leverage
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GHM
GHM
MFIN
MFIN
Q4 25
$22.3M
$136.3M
Q3 25
$20.6M
$72.5M
Q2 25
$10.8M
$110.4M
Q1 25
$21.6M
$131.5M
Q4 24
$30.0M
$98.2M
Q3 24
$32.3M
$120.6M
Q2 24
$21.6M
$87.7M
Q1 24
$16.9M
$54.8M
Total Debt
GHM
GHM
MFIN
MFIN
Q4 25
$216.0M
Q3 25
$215.7M
Q2 25
$199.9M
Q1 25
$199.7M
Q4 24
$232.2M
Q3 24
$232.0M
Q2 24
$230.8M
Q1 24
$225.6M
Stockholders' Equity
GHM
GHM
MFIN
MFIN
Q4 25
$131.3M
$408.6M
Q3 25
$127.6M
$397.4M
Q2 25
$123.4M
$389.9M
Q1 25
$119.6M
$380.2M
Q4 24
$114.4M
$370.2M
Q3 24
$112.5M
$362.4M
Q2 24
$108.2M
$354.0M
Q1 24
$105.6M
$349.0M
Total Assets
GHM
GHM
MFIN
MFIN
Q4 25
$292.9M
$3.0B
Q3 25
$287.0M
$2.9B
Q2 25
$252.3M
$2.9B
Q1 25
$264.1M
$2.8B
Q4 24
$264.3M
$2.9B
Q3 24
$249.5M
$2.9B
Q2 24
$244.2M
$2.8B
Q1 24
$233.9M
$2.6B
Debt / Equity
GHM
GHM
MFIN
MFIN
Q4 25
0.53×
Q3 25
0.54×
Q2 25
0.51×
Q1 25
0.53×
Q4 24
0.63×
Q3 24
0.64×
Q2 24
0.65×
Q1 24
0.65×

Cash Flow & Capital Efficiency

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

Metric
GHM
GHM
MFIN
MFIN
Operating Cash FlowLast quarter
$4.8M
$126.3M
Free Cash FlowOCF − Capex
$2.4M
FCF MarginFCF / Revenue
4.3%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
1.67×
10.35×
TTM Free Cash FlowTrailing 4 quarters
$-6.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GHM
GHM
MFIN
MFIN
Q4 25
$4.8M
$126.3M
Q3 25
$13.6M
$67.0M
Q2 25
$-2.3M
$-10.7M
Q1 25
$-3.6M
$36.3M
Q4 24
$5.2M
$108.7M
Q3 24
$13.9M
$24.6M
Q2 24
$8.7M
$27.6M
Q1 24
$8.6M
$32.3M
Free Cash Flow
GHM
GHM
MFIN
MFIN
Q4 25
$2.4M
Q3 25
$9.4M
Q2 25
$-9.3M
Q1 25
$-8.7M
Q4 24
$-2.1M
Q3 24
$10.4M
Q2 24
$5.7M
Q1 24
$4.6M
FCF Margin
GHM
GHM
MFIN
MFIN
Q4 25
4.3%
Q3 25
14.3%
Q2 25
-16.7%
Q1 25
-14.7%
Q4 24
-4.5%
Q3 24
19.5%
Q2 24
11.5%
Q1 24
9.4%
Capex Intensity
GHM
GHM
MFIN
MFIN
Q4 25
4.1%
Q3 25
6.3%
Q2 25
12.6%
Q1 25
8.7%
Q4 24
15.6%
Q3 24
6.5%
Q2 24
6.0%
Q1 24
8.2%
Cash Conversion
GHM
GHM
MFIN
MFIN
Q4 25
1.67×
10.35×
Q3 25
4.40×
8.63×
Q2 25
-0.49×
-0.97×
Q1 25
-0.81×
3.02×
Q4 24
3.29×
10.72×
Q3 24
4.25×
2.86×
Q2 24
2.94×
3.89×
Q1 24
6.45×
3.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GHM
GHM

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

MFIN
MFIN

Segment breakdown not available.

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