JOUT vs. GHM
JOUT (Johnson Outdoors Inc.) and GHM (Graham Corporation) are both stocks. JOUT operates in Leisure (Consumer Cyclical), while GHM operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, JOUT returned 7.61%/yr vs 20.65%/yr for GHM. At a 0.16 correlation, their price movements are largely independent.
Performance
JOUT vs. GHM - Performance Comparison
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Returns By Period
In the year-to-date period, JOUT achieves a 8.61% return, which is significantly lower than GHM's 68.01% return. Over the past 10 years, JOUT has underperformed GHM with an annualized return of 7.61%, while GHM has yielded a comparatively higher 20.65% annualized return.
JOUT
- 1D
- -2.24%
- 1M
- 4.38%
- YTD
- 8.61%
- 6M
- 5.86%
- 1Y
- 60.59%
- 3Y*
- -5.22%
- 5Y*
- -15.30%
- 10Y*
- 7.61%
GHM
- 1D
- -2.55%
- 1M
- 13.64%
- YTD
- 68.01%
- 6M
- 66.55%
- 1Y
- 139.48%
- 3Y*
- 103.16%
- 5Y*
- 52.49%
- 10Y*
- 20.65%
JOUT vs. GHM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JOUT Johnson Outdoors Inc. | 8.61% | 34.11% | -36.11% | -17.48% | -28.12% | -16.17% | 48.21% | 31.73% | -4.77% | 57.78% |
GHM Graham Corporation | 68.01% | 44.43% | 134.42% | 97.19% | -22.67% | -15.50% | -28.39% | -2.28% | 10.81% | -3.80% |
Correlation
The correlation between JOUT and GHM is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 1992 | 0.16 |
The correlation between JOUT and GHM shifts across timeframes, from 0.16 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
JOUT:
$472.12M
GHM:
$1.20B
JOUT:
-$1.48
GHM:
$1.12
JOUT:
0.72
GHM:
4.89
JOUT:
1.13
GHM:
8.57
JOUT:
$651.83M
GHM:
$245.29M
JOUT:
$244.14M
GHM:
$57.75M
JOUT:
$30.44M
GHM:
$14.76M
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Return for Risk
JOUT vs. GHM — Risk / Return Rank
JOUT
GHM
JOUT vs. GHM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Johnson Outdoors Inc. (JOUT) and Graham Corporation (GHM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JOUT | GHM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.38 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | 7.70 | -5.39 |
| Martin ratioReturn relative to average drawdown | 7.64 | 18.68 | -11.04 |
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Drawdowns
JOUT vs. GHM - Drawdown Comparison
The maximum JOUT drawdown since its inception was -84.84%, roughly equal to the maximum GHM drawdown of -86.11%. Use the drawdown chart below to compare losses from any high point for JOUT and GHM.
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Drawdown Indicators
| JOUT | GHM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.84% | -86.11% | +1.27% |
Max Drawdown (1Y)Largest decline over 1 year | -26.30% | -18.21% | -8.09% |
Max Drawdown (3Y)Largest decline over 3 years | -62.40% | -46.46% | -15.94% |
Max Drawdown (5Y)Largest decline over 5 years | -80.51% | -52.63% | -27.88% |
Max Drawdown (10Y)Largest decline over 10 years | -84.38% | -74.83% | -9.55% |
Current DrawdownCurrent decline from peak | -66.24% | -6.89% | -59.35% |
Average DrawdownAverage peak-to-trough decline | -43.90% | -47.35% | +3.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.95% | 7.50% | +0.45% |
Volatility
JOUT vs. GHM - Volatility Comparison
The current volatility for Johnson Outdoors Inc. (JOUT) is 8.98%, while Graham Corporation (GHM) has a volatility of 20.58%. This indicates that JOUT experiences smaller price fluctuations and is considered to be less risky than GHM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JOUT | GHM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.98% | 20.58% | -11.60% |
Volatility (6M)Calculated over the trailing 6-month period | 30.00% | 39.55% | -9.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.17% | 52.89% | -14.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.53% | 49.51% | -12.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.63% | 45.31% | -5.68% |
Dividends
JOUT vs. GHM - Dividend Comparison
JOUT's dividend yield for the trailing twelve months is around 2.90%, while GHM has not paid dividends to shareholders.
| Position | 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% |
JOUT Johnson Outdoors Inc. | 2.90% | 3.11% | 4.00% | 2.36% | 1.83% | 0.99% | 0.64% | 0.77% | 0.82% | 0.60% | 0.83% | 1.39% |
Financials
JOUT vs. GHM - Financials Comparison
This section allows you to compare key financial metrics between Johnson Outdoors Inc. and Graham Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
JOUT vs. GHM - Profitability Comparison
JOUT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Johnson Outdoors Inc. reported a gross profit of 75.49M and revenue of 194.48M. Therefore, the gross margin over that period was 38.8%.
GHM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Graham Corporation reported a gross profit of 15.69M and revenue of 67.08M. Therefore, the gross margin over that period was 23.4%.
JOUT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Johnson Outdoors Inc. reported an operating income of 10.35M and revenue of 194.48M, resulting in an operating margin of 5.3%.
GHM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Graham Corporation reported an operating income of 1.72M and revenue of 67.08M, resulting in an operating margin of 2.6%.
JOUT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Johnson Outdoors Inc. reported a net income of 9.41M and revenue of 194.48M, resulting in a net margin of 4.8%.
GHM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Graham Corporation reported a net income of 1.97M and revenue of 67.08M, resulting in a net margin of 2.9%.
Frequently Asked Questions
JOUT and GHM have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GHM has higher volatility (20.58%) compared to JOUT (8.98%). In terms of maximum drawdown, JOUT dropped -84.84% vs GHM's -86.11%.
GHM currently has the higher Sharpe Ratio (2.66 vs 1.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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