GHC
Graham Holdings Co
NYSE: GHC · CONSUMER DEFENSIVE · EDUCATION & TRAINING SERVICES
$1,150.00
-2.29% today
Updated 2026-04-29
Market cap
$5.00B
P/E ratio
17.30
P/S ratio
1.02x
EPS (TTM)
$66.47
Dividend yield
0.61%
52W range
$878 – $1,221
Volume
0.0M
Graham Holdings Co (GHC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.90B | $4.18B | $4.46B | $4.39B | $4.59B | $3.53B | $3.37B | $2.60B | $2.74B | $2.59B | $2.48B | $2.59B | $2.70B | $2.93B | $2.89B | $3.19B | $3.92B | $4.41B | $4.79B | $4.91B |
| Revenue growth (YoY) | — | +7.1% | +6.7% | -1.7% | +4.6% | -23.1% | -4.4% | -22.9% | +5.2% | -5.5% | -4.0% | +4.4% | +4.0% | +8.8% | -1.5% | +10.3% | +23.2% | +12.5% | +8.5% | +2.5% |
| Cost of revenue | $2.04B | $1.88B | $2.02B | $1.87B | $1.92B | $1.97B | $1.54B | $1.21B | $1.26B | $1.21B | $1.27B | $1.45B | $1.59B | $1.95B | $1.91B | $2.11B | $2.66B | $3.10B | $3.32B | $3.55B |
| Gross profit | $1.86B | $2.30B | $2.44B | $2.52B | $2.80B | $2.24B | $1.84B | $1.39B | $1.48B | $1.38B | $1.21B | $1.14B | $1.11B | $983.85M | $977.01M | $1.07B | $1.27B | $1.31B | $1.47B | $1.36B |
| Gross margin | 47.7% | 55.0% | 54.6% | 57.4% | 61.1% | 63.6% | 54.5% | 53.4% | 53.9% | 53.4% | 48.8% | 43.9% | 41.1% | 33.6% | 33.8% | 33.6% | 32.3% | 29.7% | 30.6% | 27.6% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $178.21M | $1.58B | $756.90M | $1.17B | $1.87B | $1.38B | $1.32B | $1.12B | $1.13B | $1.10B | $815.43M | $815.09M | $630.38M | $554.86M | $656.09M | $722.62M | $723.80M | $873.57M | $1.08B | $1.11B |
| Operating income | $459.80M | $477.02M | $174.21M | $257.88M | $602.86M | $334.12M | $148.61M | $149.43M | $232.72M | $-80.83M | $222.87M | $136.40M | $246.16M | $144.55M | $100.41M | $77.38M | $83.90M | $69.39M | $215.50M | $251.81M |
| Operating margin | 11.8% | 11.4% | 3.9% | 5.9% | 13.1% | 9.5% | 4.4% | 5.7% | 8.5% | -3.1% | 9.0% | 5.3% | 9.1% | 4.9% | 3.5% | 2.4% | 2.1% | 1.6% | 4.5% | 5.1% |
| EBITDA | $682.01M | $743.96M | $457.99M | $566.76M | $888.47M | $575.32M | $452.07M | $406.02M | $1.36B | $340.20M | $378.94M | $329.99M | $473.65M | $662.09M | $696.74M | $719.55M | $504.84M | $665.21M | $1.45B | $740.61M |
| EBITDA margin | 17.5% | 17.8% | 10.3% | 12.9% | 19.4% | 16.3% | 13.4% | 15.6% | 49.8% | 13.2% | 15.3% | 12.7% | 17.6% | 22.6% | 24.1% | 22.6% | 12.9% | 15.1% | 30.2% | 15.1% |
| EBIT | $469.67M | $505.15M | $169.85M | $244.25M | $608.82M | $289.01M | $160.64M | $141.16M | $1.11B | $-88.24M | $286.05M | $216.68M | $361.41M | $456.26M | $445.58M | $483.57M | $176.14M | $362.31M | $1.21B | $568.45M |
| Interest expense | $25.34M | $24.05M | $24.66M | $31.57M | $30.50M | $33.23M | $35.94M | $36.07M | $35.53M | $32.65M | $35.39M | $33.89M | $37.90M | $29.78M | $38.31M | $33.94M | $54.40M | $63.30M | $186.15M | $118.79M |
| Income tax | $189.60M | $192.50M | $79.40M | $57.60M | $216.60M | $96.30M | $71.60M | $110.00M | $406.10M | $20.50M | $81.20M | $-119.70M | $52.10M | $98.60M | $107.30M | $96.30M | $51.30M | $87.30M | $292.10M | — |
| Effective tax rate | 36.9% | 40.0% | 54.7% | 38.3% | 43.8% | 45.1% | 35.1% | 31.7% | 23.9% | -25.6% | 32.5% | -65.6% | 16.1% | 23.1% | 26.3% | 21.5% | 43.3% | 29.8% | 28.7% | 0.0% |
| Net income | $324.46M | $288.61M | $65.72M | $92.77M | $278.11M | $117.15M | $132.11M | $236.87M | $1.29B | $-100.66M | $168.59M | $302.04M | $271.21M | $327.86M | $300.37M | $352.07M | $67.08M | $205.29M | $724.63M | $292.29M |
| Net income growth (YoY) | — | -11.0% | -77.2% | +41.2% | +199.8% | -57.9% | +12.8% | +79.3% | +446.2% | -107.8% | +267.5% | +79.2% | -10.2% | +20.9% | -8.4% | +17.2% | -80.9% | +206.0% | +253.0% | -59.7% |
| Profit margin | 8.3% | 6.9% | 1.5% | 2.1% | 6.1% | 3.3% | 3.9% | 9.1% | 47.3% | -3.9% | 6.8% | 11.7% | 10.1% | 11.2% | 10.4% | 11.1% | 1.7% | 4.6% | 15.1% | 6.0% |