McGraw Hill, Inc. (MH)

McGraw Hill Cash Flow 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	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net Income	-71.28	-85.84	-193.02	-404.1	-619.38	44.75
Depreciation & Amortization	305.95	305.7	307.92	314.75	239.7	120.03
Stock-Based Compensation	16.2	-	-	-	85	7.26
Other Adjustments	220.11	200.15	231.51	468.23	624.41	197.3
Change in Receivables	88.58	-12.49	-42.76	-52.33	-9.98	16.25
Changes in Inventories	-28.83	26.3	-0.78	-85.62	-27.32	-4.17
Changes in Accounts Payable	20.12	85.54	-46.83	-24.98	79.82	63.61
Changes in Unearned Revenue	-53.05	166.55	61.43	175.98	6.28	43.19
Changes in Other Operating Activities	-77.22	-39.63	-81.31	-135.3	-172.84	-92.85
Operating Cash Flow	436.11	646.28	236.16	256.62	205.7	395.38
Operating Cash Flow Growth	-25.61%	173.67%	-7.98%	24.76%	-47.98%	49.99%
Capital Expenditures	-89.48	-71.06	-81.95	-70.04	-30.66	-31.93
Purchases of Intangible Assets	-106.2	-90	-74.66	-70.52	-70.27	-76.06
Proceeds from Sale of Investments	-	-	-	-	42.07	-
Payments for Business Acquisitions	-	-6	-	-21.76	-5,268	-5.2
Proceeds from Business Divestments	-	-	20.5	-	3.5	-
Investing Cash Flow	-201.68	-167.06	-136.11	-162.32	-5,323	-107.99
Short-Term Debt Issued	-	-	30	-	225	50
Short-Term Debt Repaid	-	-	-30	-	-270	-50
Net Short-Term Debt Issued (Repaid)	-	-	0	-	-45	0
Long-Term Debt Issued	-	650	-	-	3,641	686.7
Long-Term Debt Repaid	-656.27	-920.65	-77.24	-124.52	-28.66	-778.5
Net Long-Term Debt Issued (Repaid)	-656.27	-270.65	-77.24	-124.52	3,612	-91.81
Issuance of Common Stock	196.43	-	-	13.26	1,551	0.11
Net Common Stock Issued (Repurchased)	196.43	-	-	13.26	1,551	0.11
Other Financing Activities	-7.04	-24.03	-	-93.31	-60.42	-19.94
Financing Cash Flow	-270.44	-294.68	-77.24	-204.57	5,057	-111.64
Effect of Exchange Rate Changes on Cash and Cash Equivalents	1.42	1.67	-0.66	-4.63	2.36	-3.16
Net Cash Flow	-34.59	186.21	22.15	-114.9	-57.95	167.39
Free Cash Flow	346.63	575.22	154.2	186.58	175.04	363.45
Free Cash Flow Growth	-39.74%	273.03%	-17.35%	6.59%	-51.84%	91.54%
FCF Margin	16.41%	27.37%	7.87%	9.58%	9.78%	23.53%
Free Cash Flow Per Share	1.81	3.45	0.93	1.12	1.05	31.35
Levered Free Cash Flow	-650.06	116.91	-111.8	-353.83	3,043	50.82
Unlevered Free Cash Flow	-287.31	-2,001	337.19	7.24	-244.7	287.27

Updated Feb 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q