GHC · Graham Holdings Co - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $1.28B | $1.22B | $1.17B | - | $1.21B | $1.19B | $1.15B | - | $1.11B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | $1.21B | $1.14B | $1.12B | - | $1.13B | $1.16B | $1.12B | - | $1.17B |
| D&A | - | $19.30M | $19.65M | $20.55M | - | $21.33M | $22.17M | $22.53M | - | $22.21M |
| Operating Income | - | $67.14M | $72.75M | $47.47M | - | $81.65M | $25.91M | $35.44M | - | ($57.11M) |
| Interest Expense | - | $17.16M | $18.11M | $19.33M | - | $25.90M | $11.77M | $19.33M | - | $11.81M |
| Income Tax | - | $56.80M | $20.20M | $7.90M | - | $38.50M | $4.10M | $43.50M | - | $9.40M |
| Net Income | - | $122.92M | $36.75M | $23.89M | - | $72.50M | ($21.04M) | $124.38M | - | ($23.03M) |
| EPS - Basic | - | $28.19 | $8.43 | $5.50 | - | $16.54 | ($4.79) | $27.87 | - | ($5.02) |
| EPS - Diluted | - | $27.91 | $8.35 | $5.45 | - | $16.42 | ($4.79) | $27.72 | - | ($5.02) |
Balance Sheet
| Line item | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $266.99M | $190.82M | $176.22M | $156.70M | $260.85M | $244.36M | $140.72M | $130.86M | $169.90M | $159.98M |
| Accounts Receivable | $519.07M | $494.46M | $419.35M | $459.65M | $477.83M | $486.51M | $434.36M | $468.37M | $496.17M | $513.75M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $181.01M | $176.51M | $164.11M | $146.62M | $160.38M | $161.66M | $153.13M | $137.70M | $154.48M | $136.47M |
| Current Assets | $2.43B | $2.24B | $2.01B | $2.03B | $2.10B | $2.08B | $1.94B | $1.95B | $1.85B | $1.80B |
| Total Assets | $8.40B | $7.85B | $7.62B | $7.62B | $7.68B | $7.42B | $7.23B | $7.26B | $7.19B | $6.69B |
| Current Liabilities | $1.39B | $1.69B | $1.58B | $1.25B | $1.20B | $1.33B | $1.21B | $1.24B | $1.23B | $1.15B |
| Long-term Debt | $705.62M | $307.03M | $314.25M | $715.46M | $721.62M | $731.05M | $732.90M | $738.71M | $745.08M | $739.81M |
| Total Liabilities | $3.53B | $3.31B | $3.18B | $3.25B | $3.35B | $3.35B | $3.20B | $3.16B | $3.16B | $2.95B |
| Stockholders' Equity | $4.79B | $4.46B | $4.35B | $4.29B | $4.26B | $4.00B | $3.97B | $4.04B | $3.98B | $3.69B |
| Retained Earnings | $8.29B | $8.18B | $8.07B | $8.04B | $8.03B | $7.48B | $7.42B | $7.45B | $7.34B | $7.28B |
Cash Flow
| Line item | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | $46.01M | - | - | - | $1.07M | - | - |
| Investing Cash Flow | - | - | - | ($18.59M) | - | - | - | ($20.96M) | - | - |
| Financing Cash Flow | - | - | - | ($121.73M) | - | - | - | $1.53M | - | - |
| CapEx | - | - | - | $15.48M | - | - | - | $21.26M | - | - |
| Free Cash Flow | - | - | - | $30.53M | - | - | - | ($20.19M) | - | - |
Ratios
| Metric | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | 5.2% | 6.0% | 4.1% | - | 6.8% | 2.2% | 3.1% | - | -5.1% |
| EBITDA margin | - | 6.8% | 7.6% | 5.8% | - | 8.5% | 4.1% | 5.0% | - | -3.1% |
| Net margin | - | 9.6% | 3.0% | 2.0% | - | 6.0% | -1.8% | 10.8% | - | -2.1% |
| Free cash flow margin | - | - | - | 2.6% | - | - | - | -1.8% | - | - |
| FCF / Net income | - | - | - | 1.28 | - | - | - | -0.16 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | 31.6% | 35.5% | 24.8% | - | 34.7% | - | 25.9% | - | - |
| Return on assets | - | 1.6% | 0.5% | 0.3% | - | 1.0% | -0.3% | 1.7% | - | -0.3% |
| Return on equity | - | 2.8% | 0.8% | 0.6% | - | 1.8% | -0.5% | 3.1% | - | -0.6% |
| Return on invested capital | - | 1.0% | 1.0% | 0.7% | - | 1.1% | 0.4% | 0.5% | - | -1.0% |
| Liquidity | ||||||||||
| Current ratio | 1.75 | 1.32 | 1.27 | 1.62 | 1.75 | 1.57 | 1.61 | 1.57 | 1.50 | 1.56 |
| Quick ratio | 1.75 | 1.32 | 1.27 | 1.62 | 1.75 | 1.57 | 1.61 | 1.57 | 1.50 | 1.56 |
| Cash ratio | 0.19 | 0.11 | 0.11 | 0.13 | 0.22 | 0.18 | 0.12 | 0.11 | 0.14 | 0.14 |
| Leverage | ||||||||||
| Debt / Equity | 0.15 | 0.07 | 0.07 | 0.17 | 0.17 | 0.18 | 0.18 | 0.18 | 0.19 | 0.20 |
| Debt / Assets | 0.08 | 0.04 | 0.04 | 0.09 | 0.09 | 0.10 | 0.10 | 0.10 | 0.10 | 0.11 |
| Debt / EBITDA | - | 3.55 | 3.40 | 10.52 | - | 7.10 | 15.24 | 12.74 | - | - |
| Interest coverage | - | 3.9x | 4.0x | 2.5x | - | 3.2x | 2.2x | 1.8x | - | -4.8x |
| Equity multiplier | 1.75 | 1.76 | 1.75 | 1.77 | 1.80 | 1.85 | 1.82 | 1.79 | 1.81 | 1.81 |
| Liabilities / Assets | 0.42 | 0.42 | 0.42 | 0.43 | 0.44 | 0.45 | 0.44 | 0.44 | 0.44 | 0.44 |
| Efficiency | ||||||||||
| Asset turnover | - | 0.16 | 0.16 | 0.15 | - | 0.16 | 0.16 | 0.16 | - | 0.17 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | 141d | 126d | 144d | - | 147d | 134d | 148d | - | 169d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | 42.2x | 113.3x | 176.3x | - | 50.0x | - | 27.7x | - | - |
| P / B | - | 1.2x | 1.0x | 1.0x | - | 0.9x | 0.8x | 0.8x | - | 0.7x |
| P / S | - | 4.0x | 3.4x | 3.6x | - | 3.0x | 2.6x | 3.0x | - | 2.4x |
| EV / EBITDA | - | 61.0x | 46.3x | 69.8x | - | 39.7x | 76.3x | 69.5x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | 5.9% | 2.6% | 1.1% | - | 8.6% | 7.3% | 11.7% | - | 9.8% |
| Revenue CAGR (3y) | - | 8.1% | 9.2% | 8.4% | - | 14.3% | 13.9% | 17.4% | - | 15.7% |
| Revenue CAGR (5y) | - | 12.3% | 13.2% | 9.7% | - | 10.3% | 10.0% | 10.7% | - | 10.5% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | -17.8% | 180.8% | 33.9% | - | - | -55.4% | 28.2% | - | - |
| Net income growth (YoY) | - | 69.5% | - | -80.8% | - | - | - | 137.9% | - | - |
| EPS growth (YoY) | - | 70.0% | - | -80.3% | - | - | - | 154.8% | - | - |
| EPS CAGR (3y) | - | 60.4% | - | -34.6% | - | 27.6% | - | 7.3% | - | - |
| EPS CAGR (5y) | - | 12.9% | 18.3% | - | - | 15.3% | - | 12.7% | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 12.6% | 11.3% | 9.7% | 6.2% | 7.1% | 8.6% | 4.2% | 7.9% | 6.5% | -13.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$9.47B totalReportable Segment Aggregation Before Other Operating Segment$4.55B · 48.1%
Education$1.74B · 18.4%
Automotive$1.13B · 12.0%
Healthcare Divison$815.05M · 8.6%
Manufacturing$436.28M · 4.6%
Television Broadcasting$425.11M · 4.5%
Corporate And Other$360.14M · 3.8%
Product / service
$4.91B totalService$2.66B · 54.3%
Product$2.25B · 45.7%
Geographic
$1.68B totalNon Us$1.07B · 63.8%
GB$609.00M · 36.2%
Peer comparison
Same SIC group: Services-Educational Services
Comparing Graham Holdings Co against the 5 most active filers in the same SIC group.
Dividends
$7.36/share trailing 12 months · +4.5% YoY
| Ex-date | Per share |
|---|---|
| Apr 16, 2026 | $1.8800 |
| Feb 4, 2026 | $1.8800 |
| Oct 16, 2025 | $1.8000 |
| Jul 17, 2025 | $1.8000 |
| Apr 17, 2025 | $1.8000 |
| Feb 3, 2025 | $1.8000 |
| Oct 17, 2024 | $1.7200 |
| Jul 18, 2024 | $1.7200 |
| Apr 17, 2024 | $1.7200 |
| Jan 31, 2024 | $1.7200 |
| Oct 17, 2023 | $1.6500 |
| Jul 18, 2023 | $1.6500 |
| Apr 19, 2023 | $1.6500 |
| Feb 1, 2023 | $1.6500 |
| Oct 17, 2022 | $1.5800 |
| Jul 18, 2022 | $1.5800 |
| Apr 19, 2022 | $1.5800 |
| Feb 2, 2022 | $1.5800 |
| Oct 14, 2021 | $1.5100 |
| Jul 15, 2021 | $1.5100 |
| Apr 15, 2021 | $1.5100 |
| Feb 3, 2021 | $1.5100 |
| Oct 14, 2020 | $1.4500 |
| Jul 15, 2020 | $1.4500 |