McGraw Hill, Inc. (MH)

McGraw Hill Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	2,114	2,101	1,960	1,948	1,790	1,545
Revenue Growth (YoY)	7.83%	7.18%	0.65%	8.80%	15.89%	-2.53%
Cost of Revenue	420.39	422.29	420.33	464.56	369.06	336.54
Gross Profit	1,694	1,679	1,540	1,483	1,421	1,208
Selling, General & Admin	1,039	1,039	986.67	1,002	1,016	809.08
Amortization of Goodwill & Intangibles	235.2	239.01	254.94	270.19	196.43	58.83
Operating Expenses	1,343	1,345	1,295	1,317	1,256	929.11
Operating Income	350.4	334.42	245.55	166.54	165.35	279.06
Interest Expense	-271.34	-293.45	-326.44	-278.22	-216.61	-193.32
Other Non Operating Income (Expenses)	-	-	-	-	3.5	-
EBT Excluding Unusual Items	79.06	40.97	-80.89	-111.68	-47.76	85.74
Merger & Restructuring Charges	-23.15	-27.61	-40.75	-42.71	-111.23	-29.55
Impairment of Goodwill	-	-	-40.5	-258	-	-
Asset Writedown	-	-	-9	-54	-405	-
Legal Settlements	-	-	-	8	-	-
Other Unusual Items	-2.72	-2.72	3.42	4.55	-75.8	2.77
Pretax Income	53.19	10.64	-167.73	-453.84	-639.79	58.96
Income Tax Expense	129.08	96.48	25.29	-49.73	-20.42	14.21
Earnings From Continuing Operations	-75.89	-85.84	-193.02	-404.1	-619.38	44.75
Net Income	-75.89	-85.84	-193.02	-404.1	-619.38	44.75
Net Income to Common	-75.89	-85.84	-193.02	-404.1	-619.38	44.75
Shares Outstanding (Basic)	156	156	156	156	107	11
Shares Outstanding (Diluted)	156	156	156	156	107	11
Shares Change (YoY)	-	-	0.02%	45.82%	883.49%	1.00%
EPS (Basic)	-0.49	-0.55	-1.23	-2.58	-5.78	4.12
EPS (Diluted)	-0.49	-0.55	-1.23	-2.58	-5.78	4.11
Free Cash Flow	481.1	575.22	154.2	186.58	175.04	363.45
Free Cash Flow Per Share	3.08	3.68	0.99	1.19	1.63	33.34
Gross Margin	80.12%	79.90%	78.56%	76.15%	79.38%	78.21%
Operating Margin	16.57%	15.92%	12.53%	8.55%	9.24%	18.07%
Profit Margin	-3.59%	-4.08%	-9.85%	-20.75%	-34.60%	2.90%
Free Cash Flow Margin	22.76%	27.38%	7.87%	9.58%	9.78%	23.53%
EBITDA	605.14	590.22	527.72	465.05	390.99	363.74
EBITDA Margin	28.63%	28.09%	26.92%	23.88%	21.84%	23.55%
D&A For EBITDA	254.74	255.8	282.17	298.51	225.64	84.68
EBIT	350.4	334.42	245.55	166.54	165.35	279.06
EBIT Margin	16.57%	15.92%	12.53%	8.55%	9.24%	18.07%
Effective Tax Rate	242.68%	906.61%	-	-	-	24.10%

Updated Aug 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q