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.
- Symbol
- GHC
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Conglomerates
- Market cap
- $4.89B
- 52 week range
- 929.76 - 1262.35
Valuation
- Share price
- $1147.27 (close of 2026-09-23)
- P/E (TTM)
- 9.12x
- Price to book
- 1.02x
- Price to free cash flow
- 19.73x
- Enterprise value
- $6.07B
- Book value per share
- $1124.53
Price performance
| Period | Change |
|---|
| 1 day | +0.10% |
| 5 days | -1.08% |
| 1 month | -1.68% |
| 3 months | -0.11% |
| 6 months | +7.94% |
| Year to date | +4.43% |
| 1 year | -1.54% |
| 3 years | +95.83% |
| 5 years | +93.78% |
| 10 years | +132.33% |
| All time | +26093.38% |
Profitability and growth
- Return on equity
- 6.05%
- Return on invested capital
- 2.00%
- Return on assets
- 3.48%
- Return on capital employed
- 3.35%
- Gross margin
- 4.78%
- Net margin
- 5.95%
- EBITDA margin
- 6.42%
- 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)
- 5.07%
- Current ratio
- 1.86x
- Net debt to EBITDA
- 1.27x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $4.91B
- Cost of revenue
- $4.68B
- Gross profit
- $234.95M
- EBITDA
- $315.31M
- Net income
- $292.29M
- Earnings per share
- $67.11
- Shares outstanding
- 4.33M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $4.91B | $234.95M | $292.29M | $67.11 |
| 2024-12-31 | $4.79B | $215.50M | $724.63M | $164.62 |
| 2023-12-31 | $4.41B | $69.39M | $205.29M | $43.96 |
| 2022-12-31 | $3.92B | $83.90M | $67.08M | $13.83 |
| 2021-12-31 | $3.19B | $77.38M | $352.07M | $70.65 |
| 2020-12-31 | $2.89B | $100.41M | $300.37M | $58.30 |
| 2019-12-31 | $2.93B | $144.55M | $327.86M | $61.70 |
| 2018-12-31 | $2.70B | $246.16M | $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 end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 4.78% | 5.95% | 6.05% | 2.00% |
| 2024-12-31 | 4.50% | 15.13% | 16.90% | 2.07% |
| 2023-12-31 | 1.57% | 4.65% | 5.13% | 0.68% |
| 2022-12-31 | 2.14% | 1.71% | 1.79% | 0.88% |
| 2021-12-31 | 2.43% | 11.05% | 7.98% | 0.71% |
| 2020-12-31 | 3.48% | 10.40% | 7.97% | 1.15% |
| 2019-12-31 | 4.93% | 11.18% | 9.85% | 1.72% |
| 2018-12-31 | 9.13% | 10.06% | 9.30% | 6.18% |
| 2017-12-31 | 40.36% | 11.65% | 10.36% | 4.52% |
| 2016-12-31 | 45.42% | 6.79% | 6.87% | 6.17% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 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 end | Free cash flow | Stock-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
- 2026-07-16
- Paid in the last twelve months
- $7.44
| Payment date | Dividend per share |
|---|
| 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 |
| 2024-10-17 | $1.72 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-11-04
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-07-30 | Jun/2026 | - |
| 2026-04-30 | - | - |
| 2026-02-25 | - | - |
| 2025-10-29 | - | - |
| 2025-07-30 | - | - |
| 2025-04-30 | - | - |
| 2025-02-26 | - | - |
| 2024-10-30 | - | - |
Filings and sources
- Company website
- ghco.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
Similar companies
3M Co (MMM) · Honeywell International Inc (HON) · General Electric Co (GE) · RTX Corp (RTX) · Boeing Co (BA) · Lockheed Martin Corp (LMT) · Howmet Aerospace Inc. (HWM) · Northrop Grumman Corp (NOC)
All Industrials companies
Understanding these figures
Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
Explore
Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades