Graham Holdings Co (GHC)

Graham Holdings Company, through its subsidiaries, operates as a diversified holding company in the United States and internationally. The company provides academic preparation programs for international students; professional training and postsecondary education services, as well as English-language programs; operations support services for pre-college, certificate, undergraduate and graduate programs; exam preparation services; career and academic advisement services; and operates a sixth-form college that prepares students for A-level examinations. It also owns and operates television broadcast stations, restaurants, and entertainment venues; and offers social media management tools to connect newsrooms with their users. In addition, the company offers in-home specialty pharmacy infusion therapies; home health, hospice and palliative services; applied behavior analysis therapy; physician services for allergy, asthma and immunology patients; in-home aesthetics; and healthcare software-as-a-service technology. Further, it operates as a multi-product supplier to the commercial building industry; manufactures electrical and lifting solutions; and supplies parts used in electric utilities and industrial systems. Additionally, the company operates dealerships and valet repair services; provides custom framing services; marketing solutions; customer data and analytics software; Slate and Foreign Policy magazines; daily local news podcast and newsletter; a software-as-a-service platform that monetize audio content through paid subscriptions, memberships, and audiobooks; operates an online art gallery and in-person art fair business; and an online commerce platform that features original art and designs on an array of consumer products. 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.

Ticker
GHC
Exchange
NYSE
Sector
Industrials
Industry
Conglomerates
Market cap
$5.05B
52-week range
$1016.37 - $1269.00

Valuation

Share price
$1212.02 (close of Nov 6, 2026)
P/E (TTM)
10.54x
Price to book
1.05x
Price to free cash flow
22.88x
Enterprise value
$6.18B
Book value per share
$1154.34

Price performance

PeriodChange
1 day-0.48%
5 days+3.72%
1 month+4.69%
3 months+1.41%
6 months+7.96%
Year to date+10.32%
1 year+16.85%
3 years+95.80%
5 years+99.50%
10 years+173.56%
All time+27,567.49%

Short interest

As of
Oct 15, 2026
Short % of float
15.05%
Shares short
245.37K
Days to cover
9.45
Change since prior report
+4.61%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
6.05%
Return on invested capital
1.91%
Return on assets
3.48%
Return on capital employed
3.35%
Net margin
5.95%
EBITDA margin
7.07%
Revenue growth
2.52%
Net income growth
-59.66%
Free cash flow growth
-15.05%

Cash flow and balance sheet

Free cash flow yield (TTM)
4.37%
Current ratio
1.76x
Net debt to EBITDA
1.34x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$4.91B
EBITDA
$347.35M
Net income
$292.29M
Earnings per share
$67.11
Interest expense
$118.79M
Shares outstanding
4.33M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$4.91B-$292.29M$67.11
2024-12-31$4.79B-$724.63M$164.62
2023-12-31$4.41B-$205.29M$43.96
2022-12-31$3.92B-$67.08M$13.83
2021-12-31$3.19B-$352.07M$70.65
2020-12-31$2.89B-$300.37M$58.30
2019-12-31$2.93B-$327.86M$61.70
2018-12-31$2.70B-$271.21M$50.55
2017-12-31$2.59B$1.05B$302.04M$54.24
2016-12-31$2.48B$1.13B$168.59M$29.95

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-31-5.95%6.05%1.91%
2024-12-31-15.13%16.90%1.97%
2023-12-31-4.65%5.13%0.66%
2022-12-31-1.71%1.79%0.85%
2021-12-31-11.05%7.98%0.70%
2020-12-31-10.40%7.97%1.05%
2019-12-31-11.18%9.85%1.64%
2018-12-31-10.06%9.30%5.72%
2017-12-3140.36%11.65%10.36%4.00%
2016-12-3145.42%6.79%6.87%4.81%

Cash and debt by year

Period endCashDebt
2025-12-31$266.99M$705.62M
2024-12-31$260.85M$721.62M
2023-12-31$169.90M$745.08M
2022-12-31$169.32M$570.55M
2021-12-31$145.89M$525.75M
2020-12-31$413.99M$506.10M
2019-12-31$200.16M$430.65M
2018-12-31$253.26M$470.78M
2017-12-31$390.01M$486.56M
2016-12-31$648.88M$485.72M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$275.30M$5.72M
2024-12-31$324.08M$6.33M
2023-12-31$166.43M$6.71M
2022-12-31$152.92M$6.12M
2021-12-31$39.89M$5.66M
2020-12-31$141.07M$6.35M
2019-12-31$71.66M$6.28M
2018-12-31$188.83M$6.41M
2017-12-31$207.70M$10.17M
2016-12-31$194.64M$13.42M

Dividend history

Most recent payment
Oct 15, 2026
Paid in the last twelve months
$7.52
Payment dateDividend per share
2026-10-15$1.88
2026-07-16$1.88
2026-04-16$1.88
2026-02-04$1.88
2025-10-16$1.80
2025-07-17$1.80
2025-04-17$1.80
2025-02-03$1.80

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-10-29Sep 2026-
2026-07-30Jun 2026-
2026-04-30Mar 2026-
2026-02-25Dec 2025-
2025-10-29Sep 2025-
2025-07-30Jun 2025-
2025-04-30Mar 2025-
2025-02-26Dec 2024-

Filings and sources

Company website
ghco.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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