vs

Side-by-side financial comparison of GRAHAM CORP (GHM) and Orange County Bancorp, Inc. (OBT). Click either name above to swap in a different company.

GRAHAM CORP is the larger business by last-quarter revenue ($56.7M vs $33.0M, roughly 1.7× Orange County Bancorp, Inc.). Orange County Bancorp, Inc. runs the higher net margin — 37.6% vs 5.0%, a 32.6% gap on every dollar of revenue. On growth, Orange County Bancorp, Inc. posted the faster year-over-year revenue change (20.6% vs 20.5%). Orange County Bancorp, Inc. produced more free cash flow last quarter ($41.3M vs $2.4M). Over the past eight quarters, Orange County Bancorp, Inc.'s revenue compounded faster (14.3% 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.

Orange County Bancorp, Inc. is a Delaware-registered bank holding company operating mainly in New York, U.S. It offers a full range of retail and commercial banking services, including deposit accounts, loans and wealth management solutions, serving individual consumers, small and mid-sized corporate clients in its regional footprint.

GHM vs OBT — Head-to-Head

Bigger by revenue
GHM
GHM
1.7× larger
GHM
$56.7M
$33.0M
OBT
Growing faster (revenue YoY)
OBT
OBT
+0.1% gap
OBT
20.6%
20.5%
GHM
Higher net margin
OBT
OBT
32.6% more per $
OBT
37.6%
5.0%
GHM
More free cash flow
OBT
OBT
$38.9M more FCF
OBT
$41.3M
$2.4M
GHM
Faster 2-yr revenue CAGR
OBT
OBT
Annualised
OBT
14.3%
7.5%
GHM

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
GHM
GHM
OBT
OBT
Revenue
$56.7M
$33.0M
Net Profit
$2.8M
$12.4M
Gross Margin
23.8%
Operating Margin
5.5%
41.4%
Net Margin
5.0%
37.6%
Revenue YoY
20.5%
20.6%
Net Profit YoY
79.2%
73.5%
EPS (diluted)
$0.25
$0.94

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
OBT
OBT
Q4 25
$56.7M
$33.0M
Q3 25
$66.0M
$33.7M
Q2 25
$55.5M
$32.5M
Q1 25
$59.3M
$28.0M
Q4 24
$47.0M
$27.4M
Q3 24
$53.6M
$27.1M
Q2 24
$50.0M
$27.9M
Q1 24
$49.1M
$25.3M
Net Profit
GHM
GHM
OBT
OBT
Q4 25
$2.8M
$12.4M
Q3 25
$3.1M
$10.0M
Q2 25
$4.6M
$10.5M
Q1 25
$4.4M
$8.7M
Q4 24
$1.6M
$7.2M
Q3 24
$3.3M
$3.2M
Q2 24
$3.0M
$8.2M
Q1 24
$1.3M
$9.3M
Gross Margin
GHM
GHM
OBT
OBT
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
OBT
OBT
Q4 25
5.5%
41.4%
Q3 25
6.5%
38.6%
Q2 25
8.9%
41.9%
Q1 25
9.3%
40.3%
Q4 24
4.7%
32.8%
Q3 24
7.9%
14.8%
Q2 24
6.5%
36.6%
Q1 24
3.1%
45.9%
Net Margin
GHM
GHM
OBT
OBT
Q4 25
5.0%
37.6%
Q3 25
4.7%
29.7%
Q2 25
8.3%
32.2%
Q1 25
7.4%
31.1%
Q4 24
3.4%
26.2%
Q3 24
6.1%
11.8%
Q2 24
5.9%
29.4%
Q1 24
2.7%
36.7%
EPS (diluted)
GHM
GHM
OBT
OBT
Q4 25
$0.25
$0.94
Q3 25
$0.28
$0.75
Q2 25
$0.42
$0.87
Q1 25
$0.40
$0.77
Q4 24
$0.14
$0.64
Q3 24
$0.30
$0.28
Q2 24
$0.27
$0.73
Q1 24
$0.11
$0.82

Balance Sheet & Financial Strength

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

Metric
GHM
GHM
OBT
OBT
Cash + ST InvestmentsLiquidity on hand
$22.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$131.3M
$284.4M
Total Assets
$292.9M
$2.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GHM
GHM
OBT
OBT
Q4 25
$22.3M
Q3 25
$20.6M
Q2 25
$10.8M
Q1 25
$21.6M
Q4 24
$30.0M
Q3 24
$32.3M
Q2 24
$21.6M
Q1 24
$16.9M
Stockholders' Equity
GHM
GHM
OBT
OBT
Q4 25
$131.3M
$284.4M
Q3 25
$127.6M
$270.1M
Q2 25
$123.4M
$252.6M
Q1 25
$119.6M
$201.3M
Q4 24
$114.4M
$185.5M
Q3 24
$112.5M
$193.1M
Q2 24
$108.2M
$177.5M
Q1 24
$105.6M
$168.7M
Total Assets
GHM
GHM
OBT
OBT
Q4 25
$292.9M
$2.7B
Q3 25
$287.0M
$2.6B
Q2 25
$252.3M
$2.6B
Q1 25
$264.1M
$2.6B
Q4 24
$264.3M
$2.5B
Q3 24
$249.5M
$2.5B
Q2 24
$244.2M
$2.5B
Q1 24
$233.9M
$2.5B

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
OBT
OBT
Operating Cash FlowLast quarter
$4.8M
$43.8M
Free Cash FlowOCF − Capex
$2.4M
$41.3M
FCF MarginFCF / Revenue
4.3%
125.1%
Capex IntensityCapex / Revenue
4.1%
7.6%
Cash ConversionOCF / Net Profit
1.67×
3.53×
TTM Free Cash FlowTrailing 4 quarters
$-6.1M
$69.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GHM
GHM
OBT
OBT
Q4 25
$4.8M
$43.8M
Q3 25
$13.6M
$30.2M
Q2 25
$-2.3M
$-5.0M
Q1 25
$-3.6M
$4.8M
Q4 24
$5.2M
$34.6M
Q3 24
$13.9M
$10.2M
Q2 24
$8.7M
$9.3M
Q1 24
$8.6M
$2.3M
Free Cash Flow
GHM
GHM
OBT
OBT
Q4 25
$2.4M
$41.3M
Q3 25
$9.4M
$29.6M
Q2 25
$-9.3M
$-5.7M
Q1 25
$-8.7M
$4.3M
Q4 24
$-2.1M
$32.9M
Q3 24
$10.4M
$10.0M
Q2 24
$5.7M
$9.2M
Q1 24
$4.6M
$2.0M
FCF Margin
GHM
GHM
OBT
OBT
Q4 25
4.3%
125.1%
Q3 25
14.3%
87.8%
Q2 25
-16.7%
-17.5%
Q1 25
-14.7%
15.5%
Q4 24
-4.5%
120.0%
Q3 24
19.5%
36.7%
Q2 24
11.5%
32.8%
Q1 24
9.4%
7.9%
Capex Intensity
GHM
GHM
OBT
OBT
Q4 25
4.1%
7.6%
Q3 25
6.3%
1.8%
Q2 25
12.6%
2.3%
Q1 25
8.7%
1.8%
Q4 24
15.6%
6.3%
Q3 24
6.5%
1.1%
Q2 24
6.0%
0.4%
Q1 24
8.2%
1.0%
Cash Conversion
GHM
GHM
OBT
OBT
Q4 25
1.67×
3.53×
Q3 25
4.40×
3.01×
Q2 25
-0.49×
-0.47×
Q1 25
-0.81×
0.56×
Q4 24
3.29×
4.83×
Q3 24
4.25×
3.19×
Q2 24
2.94×
1.13×
Q1 24
6.45×
0.24×

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%

OBT
OBT

Segment breakdown not available.

Related Comparisons