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Graham vs Illinois Tool Works: revenue, profit, margins and growth compared

Graham brought in $245.3M of revenue in fiscal 2026, Illinois Tool Works $16B in fiscal 2025. Revenue changed by +16.9% at Graham and +0.9% at Illinois Tool Works on the year before, so Graham grew faster. Graham kept 5.1% of its revenue as net profit, Illinois Tool Works 19.1%. Free cash flow was -$121K at Graham and $2.7B at Illinois Tool Works.

Side by side, latest fiscal year

GHMITW
Fiscal year endedFY2026 (March 31, 2026)FY2025 (December 31, 2025)
Revenue$245.3M$16B
Revenue growth+16.9%+0.9%
Net income$12.5M$3.1B
Net margin5.1%19.1%
Free cash flow-$121K$2.7B
Free cash flow margin-0.0%16.9%
Earnings per share (diluted)$1.12$10.49
Cash$6.6M$851M
Debt$13M$7.7B
Price to earnings77.926.1
Market value$1B$78.1B
Dividend yieldn/a2.27%
Rank by revenue in sector#352 of 451 · Industrials#39 of 451 · Industrials

Over the years

Revenue
GHM FY2019: $91.8MGHM FY2020: $90.6MGHM FY2021: $97.5MGHM FY2022: $122.8MGHM FY2023: $157.1MGHM FY2024: $185.5MGHM FY2025: $209.9MGHM FY2026: $245.3MITW FY2018: $14.8BITW FY2019: $14.1BITW FY2020: $12.6BITW FY2021: $14.5BITW FY2022: $15.9BITW FY2023: $16.1BITW FY2024: $15.9BITW FY2025: $16BFY18FY19FY20FY21FY22FY23FY24FY25FY26
GHM $245.3MITW $16B
Net income
GHM FY2019: -$308KGHM FY2020: $1.9MGHM FY2021: $2.4MGHM FY2022: -$8.8MGHM FY2023: $367KGHM FY2024: $4.6MGHM FY2025: $12.2MGHM FY2026: $12.5MITW FY2018: $2.6BITW FY2019: $2.5BITW FY2020: $2.1BITW FY2021: $2.7BITW FY2022: $3BITW FY2023: $3BITW FY2024: $3.5BITW FY2025: $3.1BFY18FY19FY20FY21FY22FY23FY24FY25FY26
GHM $12.5MITW $3.1B
Net margin
GHM FY2019: -0.3%GHM FY2020: 2.1%GHM FY2021: 2.4%GHM FY2022: -7.1%GHM FY2023: 0.2%GHM FY2024: 2.5%GHM FY2025: 5.8%GHM FY2026: 5.1%ITW FY2018: 17.4%ITW FY2019: 17.9%ITW FY2020: 16.8%ITW FY2021: 18.6%ITW FY2022: 19.0%ITW FY2023: 18.4%ITW FY2024: 21.9%ITW FY2025: 19.1%FY18FY19FY20FY21FY22FY23FY24FY25FY26
GHM 5.1%ITW 19.1%
Revenue growth
GHM FY2020: -1.3%GHM FY2021: +7.6%GHM FY2022: +26.0%GHM FY2023: +27.9%GHM FY2024: +18.1%GHM FY2025: +13.1%GHM FY2026: +16.9%ITW FY2019: -4.5%ITW FY2020: -10.9%ITW FY2021: +15.0%ITW FY2022: +10.2%ITW FY2023: +1.1%ITW FY2024: -1.3%ITW FY2025: +0.9%FY19FY20FY21FY22FY23FY24FY25FY26
GHM +16.9%ITW +0.9%
Free cash flow
GHM FY2019: $5.8MGHM FY2020: -$1.2MGHM FY2021: -$3.9MGHM FY2022: -$4.5MGHM FY2023: $10.2MGHM FY2024: $18.9MGHM FY2025: $5.4MGHM FY2026: -$121KITW FY2018: $2.4BITW FY2019: $2.7BITW FY2020: $2.6BITW FY2021: $2.3BITW FY2022: $1.9BITW FY2023: $3.1BITW FY2024: $2.8BITW FY2025: $2.7BFY18FY19FY20FY21FY22FY23FY24FY25FY26
GHM -$121KITW $2.7B

Fiscal years as each company reports them; the two may end in different months.

Questions about Graham and Illinois Tool Works

Which is bigger by revenue, Graham or Illinois Tool Works?

Illinois Tool Works is bigger by revenue: $16B in fiscal 2025, against $245.3M for Graham in fiscal 2026.

Which keeps more of its revenue as profit, Graham or Illinois Tool Works?

Graham had a net margin of 5.1% in fiscal 2026; Illinois Tool Works had 19.1% in fiscal 2025.

Which grew revenue faster, Graham or Illinois Tool Works?

In their latest fiscal years revenue changed by +16.9% at Graham and +0.9% at Illinois Tool Works.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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