Graham Holdings Company (GHC)
NYSE: GHC · Real-Time Price · USD
1,244.05
+31.01 (2.56%)
At close: Nov 13, 2026, 4:00 PM EST
1,263.99
+19.94 (1.60%)
After-hours: Nov 13, 2026, 7:30 PM EST
Graham Holdings Company Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 154.33 | 266.99 | 260.85 | 169.9 | 169.32 | 145.89 |
Short-Term Investments | 1,074 | 1,089 | 858.74 | 697.03 | 622.41 | 824.45 |
Cash & Short-Term Investments | 1,228 | 1,356 | 1,120 | 866.93 | 791.73 | 970.33 |
Cash Growth | 2.66% | 21.11% | 29.15% | 9.50% | -18.41% | -3.12% |
Accounts Receivable | 501.98 | 526.47 | 482.83 | 496.17 | 504.78 | 589.58 |
Other Receivables | 78.85 | 73.13 | 44.31 | 35.76 | 36.47 | 50.63 |
Receivables | 580.83 | 599.6 | 527.14 | 531.94 | 541.25 | 640.22 |
Inventory | 354.46 | 303.37 | 295.81 | 297.21 | 226.81 | 141.47 |
Prepaid Expenses | 115.17 | 124.88 | 116.47 | 119.93 | 97.45 | 81.74 |
Restricted Cash | 17.76 | 44.42 | 37 | 31.99 | 20.47 | 12.18 |
Other Current Assets | 60.72 | 2.87 | 2.61 | 1.3 | 1.55 | 1.24 |
Total Current Assets | 2,357 | 2,431 | 2,099 | 1,849 | 1,679 | 1,847 |
Property, Plant & Equipment | 978.43 | 992.25 | 937.78 | 969.5 | 932.4 | 906.1 |
Long-Term Investments | 202.34 | 229.57 | 169.13 | 186.48 | 189.06 | 155.44 |
Goodwill | 1,551 | 1,586 | 1,500 | 1,525 | 1,561 | 1,650 |
Other Intangible Assets | 213.97 | 232.44 | 221.02 | 300.06 | 340.36 | 389.3 |
Long-Term Accounts Receivable | 23.2 | 32.1 | 34.7 | 39.8 | 26.3 | 17.7 |
Long-Term Deferred Tax Assets | 9.13 | 9.69 | 8.91 | 10.58 | 6.81 | 7.9 |
Long-Term Deferred Charges | 102.54 | 110.52 | 196.49 | 193.19 | 159.55 | 145.03 |
Other Long-Term Assets | 2,852 | 2,772 | 2,511 | 2,114 | 1,659 | 2,307 |
Total Assets | 8,290 | 8,396 | 7,677 | 7,188 | 6,553 | 7,426 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 173.76 | 180.41 | 160.38 | 153.98 | 135.69 | 126.99 |
Accrued Expenses | 391.3 | 404.6 | 386.21 | 374.38 | 368.35 | 450.66 |
Short-Term Debt | 126.42 | 119.56 | 147.88 | 148.8 | 70.26 | 5.5 |
Current Portion of Long-Term Debt | 148.08 | 175.14 | 26.58 | 66.75 | 155.81 | 141.75 |
Current Portion of Leases | 59.02 | 81.35 | 76.27 | 81.6 | 70.01 | 77.66 |
Current Income Taxes Payable | 25.95 | 9 | 11.5 | 7.41 | 3.77 | 4.59 |
Current Unearned Revenue | 352.56 | 411.65 | 390.98 | 396.75 | 341.3 | 358.72 |
Other Current Liabilities | 62.96 | 6.87 | - | - | - | 0.48 |
Total Current Liabilities | 1,340 | 1,389 | 1,200 | 1,230 | 1,145 | 1,166 |
Long-Term Debt | 705.42 | 707.91 | 723.03 | 747.84 | 570.55 | 527.8 |
Long-Term Leases | 365.83 | 384.96 | 367.93 | 383.25 | 393.63 | 405.2 |
Long-Term Deferred Tax Liabilities | 867.5 | 890.98 | 739.26 | 600.12 | 466.28 | 676.71 |
Other Long-Term Liabilities | 172.32 | 154.61 | 156.99 | 160.02 | 172.43 | 209.84 |
Total Liabilities | 3,451 | 3,527 | 3,187 | 3,121 | 2,748 | 2,986 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 20 | 20 | 20 | 20 | 20 | 20 |
Additional Paid-In Capital | 354.2 | 379.9 | 356.92 | 372.04 | 390.44 | 389.46 |
Retained Earnings | 8,646 | 8,293 | 8,032 | 7,337 | 7,163 | 7,127 |
Treasury Stock | -4,687 | -4,486 | -4,487 | -4,368 | -4,178 | -4,108 |
Comprehensive Income & Other | 444.88 | 587.08 | 334.8 | 614.34 | 336.15 | 971.39 |
Total Common Equity | 4,778 | 4,794 | 4,257 | 3,976 | 3,731 | 4,400 |
Minority Interest | 60.82 | 74.65 | 233.52 | 91.08 | 73.95 | 40.06 |
Shareholders' Equity | 4,839 | 4,869 | 4,490 | 4,067 | 3,805 | 4,440 |
Total Liabilities & Equity | 8,290 | 8,396 | 7,677 | 7,188 | 6,553 | 7,426 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 1,405 | 1,469 | 1,342 | 1,428 | 1,260 | 1,158 |
Net Cash (Debt) | -176.37 | -112.95 | -222.1 | -561.32 | -468.52 | -187.57 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -40.76 | -25.83 | -50.42 | -120.61 | -96.88 | -37.78 |
Filing Date Shares Outstanding | 4.17 | 4.36 | 4.34 | 4.46 | 4.79 | 4.9 |
Total Common Shares Outstanding | 4.17 | 4.36 | 4.33 | 4.48 | 4.79 | 4.91 |
Working Capital | 1,017 | 1,043 | 898.83 | 619.62 | 534.09 | 680.84 |
Book Value Per Share | 1146.16 | 1099.31 | 982.54 | 887.68 | 779.55 | 896.76 |
Tangible Book Value | 3,013 | 2,976 | 2,536 | 2,150 | 1,830 | 2,361 |
Tangible Book Value Per Share | 722.68 | 682.40 | 585.28 | 480.15 | 382.33 | 481.18 |
Land | - | 112.98 | 100.27 | 98.33 | 86.89 | 73.65 |
Buildings | - | 284.63 | 248.98 | 238.78 | 203.26 | 211.76 |
Machinery | - | 550.38 | 533.78 | 521.77 | 457.15 | 419.78 |
Construction In Progress | - | 31.11 | 30.86 | 36.22 | 35.15 | 19.52 |
Leasehold Improvements | - | 205.46 | 185.67 | 225 | 226.97 | 215.64 |