McGraw Hill, Inc. (MH)

McGraw Hill Income Statement

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

Year Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023
Revenue	2,101	1,960	1,948
Revenue Growth (YoY)	7.18%	0.65%	-
Cost of Revenue	422.29	420.33	464.56
Gross Profit	1,679	1,540	1,483
Selling, General & Admin	1,066	1,027	1,045
Other Operating Expenses	305.7	357.42	626.75
Operating Expenses	1,372	1,385	1,671
Operating Income	306.81	155.3	-188.17
Interest Expense / Income	293.45	326.44	278.22
Other Expense / Income	2.72	-3.42	-12.55
Pretax Income	10.64	-167.73	-453.84
Income Tax	96.48	25.29	-49.73
Net Income	-85.84	-193.02	-404.1
Free Cash Flow	485.22	79.55	116.06
Gross Margin	79.90%	78.56%	76.15%
Operating Margin	14.60%	7.92%	-9.66%
Profit Margin	-4.08%	-9.85%	-20.75%
Free Cash Flow Margin	23.09%	4.06%	5.96%
Effective Tax Rate	906.61%	-	-
EBITDA	792.67	653.54	345.07
EBITDA Margin	37.72%	33.34%	17.72%
Depreciation & Amortization	488.59	494.83	520.69
EBIT	304.09	158.71	-175.62
EBIT Margin	14.47%	8.10%	-9.02%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).