Covista vs Graham
Graham reported revenue of $4.9 billion in fiscal 2025, 2.5 times Covista's $2.0 billion in fiscal 2026. Covista's revenue grew 9.3% in its latest year, and Graham's grew 2.5%. Covista had an operating margin of 19.6%, against 4.8% at Graham. Free cash flow was $393 million at Covista and $275 million at Graham. Their fiscal years end in different months (June 30 and December 31), so the periods don't line up exactly.
Side by side
| Covista | Graham | |
|---|---|---|
| Latest fiscal year | FY2026, Jun 30, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $2.0B | $4.9B |
| Revenue growth | 9.3% | 2.5% |
| Revenue growth a year, last 5 years | 16.8% | 11.2% |
| Gross margin | 57.3% | — |
| Operating margin | 19.6% | 4.8% |
| Net margin | 12.9% | 6.0% |
| Free cash flow | $393M | $275M |
| Free cash flow margin | 20.1% | 5.6% |
| Return on capital | 17.0% | 3.1% |
| Net debt to EBITDA | 0.6x | 1.8x |
| Dividends and buybacks | $240M | $35M |
| Change in diluted share count | −6.8% | −0.7% |
| Last close | $131.55 | $1,197.20 |
| P/E at the last close | 18.7× | 18.0× |
| Insider trades, last 12 months | bought $3.9 million, sold $9.2 million | — |
| Piotroski F-score | 8 of 9 | 5 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
CovistaGraham
Operating margin
Percent of revenue
CovistaGraham
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
CovistaGraham