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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
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 |
Operating Revenue | 5,116 | 4,912 | 4,791 | 4,415 | 3,924 | 3,186 |
| 5,116 | 4,912 | 4,791 | 4,415 | 3,924 | 3,186 | |
Revenue Growth | 4.26% | 2.52% | 8.52% | 12.50% | 23.18% | 10.27% |
Cost of Revenue | 3,580 | 3,442 | 3,325 | 3,103 | 2,658 | 2,115 |
Gross Profit | 1,536 | 1,470 | 1,466 | 1,312 | 1,267 | 1,071 |
Selling, General & Admin | 847.37 | 982.43 | 281.81 | 873.57 | 723.8 | 722.62 |
Amortization of Goodwill & Intangibles | 25.09 | 32.04 | 37.12 | 50.04 | 58.85 | 57.87 |
Operating Expenses | 948.12 | 1,095 | 405.98 | 1,010 | 855.95 | 851.91 |
Operating Income | 587.49 | 375.05 | 1,060 | 302.27 | 410.83 | 219.55 |
Interest Expense | -50.41 | -118.79 | -186.15 | -63.3 | -54.4 | -33.94 |
Interest & Investment Income | 7.98 | 8.26 | 9.87 | 7.12 | 3.23 | 3.41 |
Earnings From Equity Investments | 17.33 | 16.39 | -3.3 | -5.18 | -2.84 | 17.91 |
Currency Exchange Gain (Loss) | -4.38 | -10.05 | 5.42 | -1.14 | -2.02 | -0.18 |
Other Non Operating Income (Expenses) | 2.19 | 0.52 | 1.26 | 1.04 | 3.37 | 7.83 |
EBT Excluding Unusual Items | 560.19 | 271.38 | 887.48 | 240.81 | 358.16 | 214.58 |
Merger & Restructuring Charges | -1.95 | - | - | - | - | - |
Impairment of Goodwill | -1 | - | -7.5 | -50.2 | - | - |
Gain (Loss) on Sale of Investments | 105.93 | 190.48 | 179.05 | 141.64 | -130.11 | 264.2 |
Gain (Loss) on Sale of Assets | -5.15 | 0.38 | 8.12 | 15.62 | 22.68 | 3.79 |
Asset Writedown | -28.13 | -12.34 | -42.32 | -48.87 | -128.99 | -32.94 |
Other Unusual Items | -0.23 | -0.23 | -0.12 | - | - | - |
Pretax Income | 629.66 | 449.67 | 1,025 | 299 | 121.73 | 449.63 |
Income Tax Expense | 128.4 | 146.4 | 292.1 | 87.3 | 51.3 | 96.3 |
Earnings From Continuing Operations | 501.26 | 303.27 | 732.61 | 211.7 | 70.43 | 353.33 |
Net Income to Company | 501.26 | 303.27 | 732.61 | 211.7 | 70.43 | 353.33 |
Minority Interest in Earnings | -7.21 | -10.98 | -7.98 | -6.42 | -3.36 | -1.25 |
Net Income | 494.04 | 292.29 | 724.63 | 205.29 | 67.08 | 352.08 |
Preferred Dividends & Other Adjustments | 2.72 | 1.64 | 4.9 | 1.35 | 0.38 | 2.26 |
Net Income to Common | 491.32 | 290.66 | 719.74 | 203.94 | 66.7 | 349.81 |
Net Income Growth | -32.47% | -59.62% | 252.92% | 205.75% | -80.93% | 17.10% |
Shares Outstanding (Basic) | 4 | 4 | 4 | 5 | 5 | 5 |
Shares Outstanding (Diluted) | 4 | 4 | 4 | 5 | 5 | 5 |
Shares Change | -0.88% | -0.73% | -5.35% | -3.76% | -2.60% | -3.39% |
EPS (Basic) | 114.73 | 67.11 | 164.62 | 43.96 | 13.83 | 70.66 |
EPS (Diluted) | 113.55 | 66.47 | 163.40 | 43.82 | 13.79 | 70.46 |
EPS Growth | -31.87% | -59.32% | 272.88% | 217.77% | -80.43% | 21.20% |
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 |
Free Cash Flow | 220.85 | 275.3 | 324.08 | 166.43 | 152.92 | 39.89 |
Free Cash Flow Per Share | 51.04 | 62.95 | 73.57 | 35.76 | 31.62 | 8.03 |
Dividend Per Share | 7.440 | 7.200 | 6.880 | 6.600 | 6.320 | 6.040 |
Dividend Growth | 4.49% | 4.65% | 4.24% | 4.43% | 4.64% | 4.14% |
Gross Margin | 30.02% | 29.93% | 30.61% | 29.72% | 32.28% | 33.63% |
Operating Margin | 11.48% | 7.64% | 22.13% | 6.85% | 10.47% | 6.89% |
Profit Margin | 9.60% | 5.92% | 15.02% | 4.62% | 1.70% | 10.98% |
Free Cash Flow Margin | 4.32% | 5.61% | 6.76% | 3.77% | 3.90% | 1.25% |
EBITDA | 688.23 | 487.46 | 1,185 | 438.37 | 542.98 | 348.83 |
EBITDA Margin | 13.45% | 9.93% | 24.73% | 9.93% | 13.84% | 10.95% |
D&A For EBITDA | 100.75 | 112.41 | 124.17 | 136.1 | 132.15 | 129.29 |
EBIT | 587.49 | 375.05 | 1,060 | 302.27 | 410.83 | 219.55 |
EBIT Margin | 11.48% | 7.64% | 22.13% | 6.85% | 10.47% | 6.89% |
Effective Tax Rate | 20.39% | 32.56% | 28.51% | 29.20% | 42.14% | 21.42% |
Revenue as Reported | 5,116 | 4,912 | 4,791 | 4,415 | 3,924 | 3,186 |