Graham Holdings Company

Graham Holdings Company

GHC
Graham Holdings CompanyUS flagNew York Stock Exchange
1,106.19
USD
-3.94
- -
4.79BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
359.3
423.03
451.57
446.46
469.88
505.53
554.8
563.84
643.5
813.7
951.69
1,095.82
1,134.05
1,149.57
Basic EPS, GAAP
32.61
199.84
-17.69
30.33
54.76
50.85
62.04
58.62
71.11
13.91
44.25
165.74
67.49
68.65
Free Cash Flow per Basic Share
14.34
11.78
-11.56
35.01
37.65
35.41
13.56
27.53
8.06
31.71
35.88
74.13
63.57
67.69
Dividend per Share
0.12
10.53
9.38
4.92
5.14
5.37
5.59
5.85
6.09
6.37
6.67
6.94
7.24
7.33
Book Value per Share
663.55
931.76
954.72
1,008.98
1,053.61
1,173.1
1,240.19
1,331.93
1,443.5
1,489.35
1,586
1,841.66
1,919.34
1,921.17
Tangible Book Value per Share
197.68
182.13
234.7
207.96
232.03
236.47
297.16
384.17
482.14
388.38
474.41
596.88
704.01
685.77
Basic Weighted Avg Shares
7
6
6
6
6
5
5
5
5
5
5
4
4
4
Sales/Revenue/Turnover
2,601
2,737
2,586
2,482
2,592
2,696
2,932
2,889
3,186
3,924
4,415
4,791
4,912
4,982
Operating Margin (%)
5.87
9.13
6.92
9.04
5.63
9.43
5.24
4.52
3.46
5.42
3.82
5.54
5.03
5.55
Depreciation Expense
265
249
428
93
113
112
206
251
236
329
204
187
172
169
Net Income, GAAP
237
1,294
-101
169
302
271
328
300
352
67
205
725
292
298
Effective Tax Rate (%)
38.49
28.98
- -
32.39
- -
16.1
23.12
26.35
21.42
42.14
29.2
28.51
32.56
32.49
Profit Margin (%)
9.11
47.27
-3.89
6.79
11.65
10.06
11.18
10.4
11.05
1.71
4.65
15.13
5.95
5.97
Working Capital
768
640
1,136
1,052
857
720
622
825
681
534
620
899
1,043
977
LT Debt
448
400
400
486
487
471
908
935
931
964
1,122
1,084
1,084
1,081
Total Equity
3,311
3,151
2,491
2,453
2,920
2,921
3,332
3,778
4,426
3,774
4,026
4,331
4,867
4,797
Return on Invested Capital (%)
2.67
4.75
- -
5.25
- -
6.28
3.02
2.08
1.67
2.34
2.34
3.53
2.86
3.2
Return on Capital (%)
4.91
22.46
- -
3.2
- -
4.64
4.88
4.24
4.66
1.14
2.85
9.46
3.8
3.38
Return on Common Equity (%)
5.04
23.88
-1.76
3.04
5.29
4.49
5.12
4.49
5.04
0.94
2.82
9.41
3.57
3.63

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
487
239
166
LT Borrowings
307
706
715
LT Finance Leases
379
378
366
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
5,090
4,758
4,582

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,243
2,431
2,209
Cash, Cash Equivalents & STI
1,197
1,356
1,108
Accounts Receivable, Net
494
519
462
Inventories
306
303
307
Total Current Liabilities
1,693
1,389
1,232
Payables & Accruals
589
536
512
ST Debt
487
239
166
Deferred Revenue
426
412
362

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.41%
5.81%
12.39%
Free Cash Flow
-6.14%
60.03%
-15.05%
Net Income, GAAP
14.96%
67.13%
-59.66%
Sales/Revenue/Turnover
6.87%
11.4%
2.52%
Total Cash Common Dividend
-3.45%
0.92%
3.34%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,153
1,185
1,207
1,246
4,791
2025
1,166
1,216
1,279
1,251
4,912
2026
1,236
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
28.06
-4.78
16.66
127.48
165.74
2025
5.53
8.48
28.36
25.07
67.49
2026
6.72
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.73
1.74
1.74
1.72
6.94
2025
1.81
1.81
1.81
1.81
7.24
2026
1.89
- -
- -
- -
- -

Company Description

APIChat
CEO
Timothy J. O'Shaughnessy
Full Time Employees
15,382
Sector
Consumer Defensive
Industry
Education & Training Services
Address
1300 North 17th Street Arlington VA United States of America 22209
IPO Date
Aug 4, 1947
Website
ghco.com
Business
Graham Holdings Company (NYSE: GHC) operates as a diversified holding company primarily engaged in education, television broadcasting, manufacturing, healthcare services, automotive dealerships, and media content production in the United States and internationally. The company offers educational products and services through Kaplan, including test preparation materials, professional training and exam preparation for certifications and licensures, non-academic operations support for Purdue University Global, online course programs, accounting and financial services training, language training, academic preparation, proficiency exam preparation, A-level examinations, colleges, business schools, higher education institutions, and online learning platforms; television broadcasting through owned stations reaching local markets; manufacturing of burners, igniters, dampers, controls, screw jacks, linear actuators, linear motion products, lifting systems, pressure-impregnated kiln-dried lumber and plywood, power charging and data systems, industrial and commercial indoor lighting solutions, electrical components and assemblies; healthcare services encompassing home health, hospice, palliative care, in-home aesthetics, physician and healthcare software-as-a-service, and pharmacy operations; automotive dealerships providing sales, service, and valet repairs; digital advertising and social media marketing solutions; social media management tools; and content production including Foreign Policy magazine, ForeignPolicy.com, Slate online magazine, and slate.fr. Founded in 1877 and headquartered in Arlington, Virginia, the company serves students, professionals, institutions, retailers, health systems, physicians, consumers, and industrial clients across its segments of Kaplan International, Higher Education, Supplemental Education, Television Broadcasting, Manufacturing, Healthcare, and Automotive. In recent developments, Graham Holdings reported strong Q3 2025 results with revenue increasing 6% to $1.279 billion, driven by growth in Education, Manufacturing, and Healthcare segments despite declines in Television Broadcasting and Automotive, alongside adjusted diluted EPS of $14.08 beating consensus estimates. The company initiated a share buyback program in September 2024, repurchasing over 37,000 shares to date, and announced a proposed $500 million private offering of senior unsecured notes due 2033 guaranteed by certain subsidiaries to support its capital structure. Kaplan expanded educational initiatives, including partnerships with institutions like Cleveland State University, Xavier University of Louisiana, Howard University, Spelman College, and the Illinois Student Assistance Commission for universal test prep across public universities and community colleges, while earning 2026 Military Friendly Employer and Military Spouse Friendly Employer designations. Graham Holdings continues to pursue strategic growth through its diversified portfolio, with ongoing investments enhancing value in core operations amid rising mergers and acquisitions activity in broadcast television.

Company News

APIChat
  • Docusign Appoints Graham Sheldon as Chief Product Officer to Accelerate Intelligent Agreement Management Vision

  • Earnings Preview: Graham (GHM) Q4 Earnings Expected to Decline

  • Is Graham (GHM) Stock Outpacing Its Industrial Products Peers This Year?

  • Kaplan Survey: Most Aspiring College Students Prefer Campuses Where Classmates Hold Similar Political Views

  • Kaplan Survey: Most Aspiring College Students Prefer Campuses Where Classmates Hold Similar Political Views

  • Columbia Graduate School of Business in Conjunction with Gabelli Funds Select Todd A. Combs as 2026 Recipient of Graham & Dodd, Murray, Greenwald Prize

  • Kaplan's All Access License® Wins 2026 EdTech Award for Best Test Prep Solution

  • Graham (GHM) Moves to Buy: Rationale Behind the Upgrade

  • Ashley Graham to Spotlight the Power of Authentic Partnerships as a Keynote Speaker at Licensing Expo 2026

  • Graham Holdings Company Declares Regular Quarterly Dividend

  • Inspirit Capital Completes Acquisition of Kaplan Languages Group

  • Graham: SNDK Will Get Over "Very High" Earnings Bar

  • Graham Holdings Company Reports First Quarter Earnings

  • Sallie Mae Announces Senior Leadership Appointments

  • Buy 14 Ideal Graham Value All-Stars Of 27 'Safer' Dividends In 71 April/May GVAS

  • ‘BLACKMAILING HUMANS': Anthropic study reveals AI assistants went ROGUE

  • Inspirit Capital to Acquire Kaplan Languages Group

  • Graham Corporation Announces $50 Million Investment from Accounts Advised by T. Rowe Price

  • Graham Healthcare Group Earns Prestigious 2026 USA TODAY Top Workplaces Award

  • Eagle Strategies LLC Boosts Position in Graham Holdings Company $GHC