GHM vs. IESC

Last updated Apr 1, 2026

Compare and contrast key facts about Graham Corporation (GHM) and IES Holdings, Inc. (IESC).

Performance

GHM vs. IESC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Graham Corporation (GHM) and IES Holdings, Inc. (IESC). The values are adjusted to include any dividend payments, if applicable.

GHM vs. IESC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GHM Graham Corporation	22.87%	44.43%	134.42%	97.19%	-22.67%	-15.50%	-28.39%	-2.28%	10.81%	-3.80%
IESC IES Holdings, Inc.	22.48%	93.58%	153.67%	122.72%	-29.76%	9.99%	79.42%	65.02%	-9.86%	-9.92%

Fundamentals

Market Cap GHM : $880.51M IESC : $9.61B
EPS GHM : $1.34 IESC : $19.53
PE Ratio GHM : 58.74 IESC : 24.40
PEG Ratio GHM : 1.15 IESC : 0.29
PS Ratio GHM : 3.69 IESC : 2.75
PB Ratio GHM : 6.71 IESC : 10.00
Total Revenue (TTM) GHM : $237.56M IESC : $3.49B
Gross Profit (TTM) GHM : $58.50M IESC : $901.48M
EBITDA (TTM) GHM : $19.22M IESC : $451.44M

Returns By Period

The year-to-date returns for both stocks are quite close, with GHM having a 22.87% return and IESC slightly lower at 22.48%. Over the past 10 years, GHM has underperformed IESC with an annualized return of 16.42%, while IESC has yielded a comparatively higher 42.12% annualized return.

GHM

• 1D: 4.59%
• 1M: -2.83%
• YTD: 22.87%
• 6M: 43.75%
• 1Y: 173.84%
• 3Y*: 82.05%
• 5Y*: 41.23%
• 10Y*: 16.42%

IESC

• 1D: 7.87%
• 1M: -3.81%
• YTD: 22.48%
• 6M: 19.82%
• 1Y: 188.58%
• 3Y*: 122.79%
• 5Y*: 54.89%
• 10Y*: 42.12%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

GHM vs. IESC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GHM

GHM Risk / Return Rank: 96
GHM Sharpe Ratio Rank: 98
GHM Sortino Ratio Rank: 94
GHM Omega Ratio Rank: 93
GHM Calmar Ratio Rank: 98
GHM Martin Ratio Rank: 98

IESC

IESC Risk / Return Rank: 95
IESC Sharpe Ratio Rank: 97
IESC Sortino Ratio Rank: 92
IESC Omega Ratio Rank: 92
IESC Calmar Ratio Rank: 98
IESC Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GHM vs. IESC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Graham Corporation (GHM) and IES Holdings, Inc. (IESC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	GHM	IESC	Difference
Sharpe ratio Return per unit of total volatility	3.35	2.95	+0.39
Sortino ratio Return per unit of downside risk	3.38	3.03	+0.35
Omega ratio Gain probability vs. loss probability	1.45	1.41	+0.04
Calmar ratio Return relative to maximum drawdown	9.42	8.53	+0.89
Martin ratio Return relative to average drawdown	23.35	23.78	-0.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GHM vs. IESC - Sharpe Ratio Comparison

The current GHM Sharpe Ratio is 3.35, which is comparable to the IESC Sharpe Ratio of 2.95. The chart below compares the historical Sharpe Ratios of GHM and IESC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GHM	IESC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.35	2.95	+0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	1.04	-0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.88	-0.51
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.05	+0.18

Correlation

The correlation between GHM and IESC is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

GHM vs. IESC - Dividend Comparison

Neither GHM nor IESC has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GHM Graham Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	3.54%	2.90%	1.92%	1.66%	1.72%	1.63%	1.90%
IESC IES Holdings, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

GHM vs. IESC - Drawdown Comparison

The maximum GHM drawdown since its inception was -86.11%, smaller than the maximum IESC drawdown of -98.32%. Use the drawdown chart below to compare losses from any high point for GHM and IESC.

Drawdown Indicators

	GHM	IESC	Difference
Max Drawdown Largest peak-to-trough decline	-86.11%	-98.32%	+12.21%
Max Drawdown (1Y) Largest decline over 1 year	-18.21%	-21.80%	+3.59%
Max Drawdown (5Y) Largest decline over 5 years	-55.86%	-54.28%	-1.58%
Max Drawdown (10Y) Largest decline over 10 years	-74.83%	-54.28%	-20.55%
Current Drawdown Current decline from peak	-11.44%	-8.31%	-3.13%
Average Drawdown Average peak-to-trough decline	-47.64%	-55.36%	+7.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.34%	7.82%	-0.48%

Volatility

GHM vs. IESC - Volatility Comparison

The current volatility for Graham Corporation (GHM) is 16.29%, while IES Holdings, Inc. (IESC) has a volatility of 22.66%. This indicates that GHM experiences smaller price fluctuations and is considered to be less risky than IESC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GHM	IESC	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.29%	22.66%	-6.37%
Volatility (6M) Calculated over the trailing 6-month period	37.83%	51.66%	-13.83%
Volatility (1Y) Calculated over the trailing 1-year period	52.25%	64.25%	-12.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.69%	53.08%	-4.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.85%	48.05%	-3.20%

Financials

GHM vs. IESC - Profitability Comparison

The chart below illustrates the profitability comparison between Graham Corporation and IES Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GHM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Graham Corporation reported a gross profit of 13.47M and revenue of 56.70M. Therefore, the gross margin over that period was 23.8%.

IESC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, IES Holdings, Inc. reported a gross profit of 220.02M and revenue of 870.96M. Therefore, the gross margin over that period was 25.3%.

GHM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Graham Corporation reported an operating income of -219.00K and revenue of 56.70M, resulting in an operating margin of -0.4%.

IESC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, IES Holdings, Inc. reported an operating income of 97.73M and revenue of 870.96M, resulting in an operating margin of 11.2%.

GHM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Graham Corporation reported a net income of 2.85M and revenue of 56.70M, resulting in a net margin of 5.0%.

IESC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, IES Holdings, Inc. reported a net income of 144.35M and revenue of 870.96M, resulting in a net margin of 16.6%.