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GHCGraham Holdings Company
$1155.24$5.0B
Overview & Verdict
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GHC logoGraham Holdings Company(GHC)Earnings, Financials & Key Ratios

GHC•NYSE
$1155.24
17.4× P/E·Price updated Jul 7, 2026
SectorConsumer DefensiveIndustryEducation & TrainingSub-IndustryTutoring and Test Preparation
AboutGraham Holdings Company, through its subsidiaries, operates as a diversified education and media company worldwide. It provides test preparation services and materials; data science and training services; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to the Purdue University Global. The company also offers training, test preparation, and degrees for accounting and financial services professionals; English-language training, academic preparation programs, and test preparation for English proficiency exams; and A-level examination preparation services, as well as operates three colleges, a business school, a higher education institution, and an online learning institution. In addition, it owns and operates seven television stations; and provides social media management tools to connect newsrooms with their users, as well as produces Foreign Policy magazine and ForeignPolicy.com website. Further, the company publishes Slate, an online magazine; and two French-language news magazine websites at slate.fr and slateafrique.com. Additionally, it provides social media marketing solutions; home health and hospice services; burners, igniters, dampers, and controls; screw jacks, linear actuators and related linear motion products, and lifting systems; pressure impregnated kiln-dried lumber and plywood products; cybersecurity training solutions; digital advertising services; and power charging and data systems, industrial and commercial indoor lighting solutions, and electrical components and assemblies. The company also owns and operates 11 restaurants and entertainment venues; and engages in automobile dealerships business. The company was formerly known as The Washington Post Company and changed its name to Graham Holdings Company in November 2013. Graham Holdings Company was founded in 1877 and is based in Arlington, Virginia.Show more
  • Revenue$4.91B+2.5%
  • EBITDA$424M-6.4%
  • Net Income$292M-59.7%
  • EPS (Diluted)66.47-59.3%
  • Gross Margin27.64%-9.7%
  • EBITDA Margin8.63%-8.7%
  • Operating Margin5.13%+14.0%
  • Net Margin5.95%-60.7%
  • ROE6.36%-63.2%

GHC Price & Volume

Graham Holdings Company (GHC) stock price & volume — 10-year historical chart

Loading chart...

Conglomerate Complexity Obscures Underlying Operational Margin Volatility

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial:Fortress
Cash Flow:Mixed
Primary Risk:Conglomerate margin dilution risk

Key Thesis Takeaways

  • Graham Holdings faces significant challenges as its diversified business model struggles with structural margin compression and inconsistent earnings quality.
  • While the company maintains a conservative balance sheet with a 0.26 debt-to-equity ratio, the reliance on acquisitions to drive growth has led to $1.6 billion in goodwill that warrants scrutiny for potential impairment.
  • Investors should remain cautious as the firm's erratic cash flow conversion and the dilution of core segments suggest that the current 17.45 P/E ratio may not fully reflect the risks of its disparate operating units.

Verdict Logic

while the company maintains a conservative 0.26 debt-to-equity ratio, the extreme volatility in quarterly free cash flow, which ranged from a $20.2 million deficit to a $219.4 million surplus, suggests significant operational uncertainty.

GHC Growth Metrics

Graham Holdings Company (GHC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years6.62%
5 Years11.2%
3 Years7.77%
TTM-22.03%

Profit CAGR

10 Years-
5 Years-0.54%
3 Years63.33%
TTM-52.33%

EPS CAGR

10 Years-
5 Years2.72%
3 Years68.92%
TTM3065.27%

Return on Capital

10 Years3.22%
5 Years2.24%
3 Years2.81%
Last Year3.73%

GHC Recent Earnings

Graham Holdings Company (GHC) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
Apr 30, 2026
Metric
Actual
Est
EPS
$16.79+28.1%
$13.11
Rev
$1.2B-1.7%
$1.3B
Q1 2026
Feb 25, 2026
Metric
Actual
Est
EPS
$11.45-18.5%
$14.05
Rev
$1.3B-3.8%
$1.3B
Q4 2025
Oct 29, 2025
Metric
Actual
Est
EPS
$14.08+0.2%
$14.05
Rev
$1.3B-1.6%
$1.3B
Q3 2025
Jul 30, 2025
Metric
Actual
Est
EPS
$14.33+15.9%
$12.36
Rev
$1.2B+2.3%
$1.2B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 30, 2026
$16.79vs $13.11+28.1%
$1.2Bvs $1.3B-1.7%
Q1 2026Feb 25, 2026
$11.45vs $14.05-18.5%
$1.3Bvs $1.3B-3.8%
Q4 2025Oct 29, 2025
$14.08vs $14.05+0.2%
$1.3Bvs $1.3B-1.6%
Q3 2025Jul 30, 2025
$14.33vs $12.36+15.9%
$1.2Bvs $1.2B+2.3%
Based on last 12 quarters of dataView full earnings history →

Latest GHC News

Recent stock market news and headlines for Graham Holdings Company (GHC)

Business Wire·21h ago
Kaplan Educational Foundation Announces 2026 College Decisions

NEW YORK--(BUSINESS WIRE)--The Kaplan Educational Foundation (KEF) celebrates the latest college decisions from its 19th cohort of scholars in its Kaplan Leadership Program (KLP). Established in 2006, KEF's Kaplan Leadership Program helps high-potential, low-income, and underserved community college students complete their associate degree, successfully transfer and go on to earn a bachelor's degree at the nation's most highly-selective schools. The program focuses on a holistic approach – prov.

Seeking Alpha·Jun 26, 2026
Graham Holdings Company Remains Deeply Discounted

Graham Holdings Company remains materially undervalued, with a diverse portfolio spanning education, broadcasting, manufacturing, healthcare, and automotive segments. Recent financials show robust revenue and profit growth across four of five segments, with EBITDA rising from $117.4M to $136.9M year over year. GHC trades at attractive absolute and segment-level multiples, with net cash exceeding debt by $349.8M, supporting its value play status.

Business Wire·Jun 23, 2026
The College for Financial Planning®—a Kaplan Company Launches Professional Generational Wealth Transfer Advisor℠ Designation

CENTENNIAL, Colo.--(BUSINESS WIRE)-- #financialadvisors--The College for Financial Planning—a Kaplan Company is launching the Professional Generational Wealth Transfer Advisor designation program.

PRNewsWire·Jun 22, 2026
Residential Home Health and Hospice Receives 2026 Top Workplaces Honors

ST. LOUIS, June 22, 2026 /PRNewswire/ -- Residential Home Health and Hospice, a division of Graham Healthcare Group, is proud to announce that it has been awarded Top Workplaces 2026 honors by the St. Louis Post-Dispatch. This is the sixth year that Residential Home Health and Hospice has received this award in the St. Louis market.

Seeking Alpha·Jun 18, 2026
Graham Corporation (GHM) Analyst/Investor Day Transcript

Graham Corporation (GHM) Analyst/Investor Day Transcript

Peers Comparison

Key metrics vs top competitors for Graham Holdings Company (GHC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
GHC logoGHCGraham Holdings CompanyCurrent
$1155.24$5.02B17.382.52%5.95%6.36%0.62%
NYT logoNYTThe New York Times Company
$73.72$11.93B35.279.24%13.18%19.22%—
NWS logoNWSNews Corporation
$30.47$16.68B37.622.42%4.83%4.54%—
SSP logoSSPThe E.W. Scripps Company
$3.15$371.78M-1.68-14.31%-4.63%-7.87%—
GTN logoGTNGray Media, Inc.
$3.90$362.36M-4.43-15.07%-3.12%-3.43%—
LAUR logoLAURLaureate Education, Inc.
$39.86$5.69B21.098.64%16.08%25.36%—

Compare GHC vs Peers

Graham Holdings Company (GHC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NYT

Most directly comparable listed peer for GHC.

Scale Benchmark

vs GOOGL

Larger-name benchmark to compare GHC against a more recognizable public peer.

Peer Set

Compare Top 5

vs NYT, NWS, SSP, GTN

GHC SEC Filings & Documents

Graham Holdings Company (GHC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 1, 2026·SEC

Material company update

Feb 25, 2026·SEC

Material company update

Nov 24, 2025·SEC

10-K Annual Reports

4
FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 26, 2025·SEC

FY 2024

Feb 23, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 30, 2026·SEC

FY 2025

Oct 29, 2025·SEC

FY 2025

Jul 30, 2025·SEC

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GHC Frequently Asked Questions

Graham Holdings Company (GHC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Graham Holdings Company's revenue?

Graham Holdings Company (GHC) reported $3.75B in revenue for fiscal year 2025. This represents a 102% increase from $1.85B in 1996.

How fast is Graham Holdings Company growing?

Graham Holdings Company (GHC) grew revenue by 2.5% over the past year. Growth has been modest.

Is GHC profitable?

Yes, Graham Holdings Company (GHC) is profitable, generating $297.5M in net income for fiscal year 2025 (6.0% net margin).

Dividend & Returns
Does GHC pay dividends?

Yes, Graham Holdings Company (GHC) pays a dividend with a yield of 0.62%. This makes it attractive for income-focused investors.

What is GHC's return on equity?

Graham Holdings Company (GHC) has a return on equity (ROE) of 6.4%. This is below average, suggesting room for improvement.

What is Graham Holdings Company's free cash flow?

Graham Holdings Company (GHC) generated $285.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in GHC back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →