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Graham Holdings Company

GHCConsumer DefensiveNASDAQ

Education & Training Services · Last scanned May 30, 2026

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Financials · Annual
Revenue
$4.91B
+2.5% YoY
Net Income
$292.3M
-59.7% YoY
EBITDA
$740.6M
-47.0% YoY
Free Cash Flow
$207.2M

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About Graham Holdings Company

Graham Holdings Company, through its subsidiaries, operates as a diversified holding company in the United States and internationally. With a market capitalization of $4.73B, it sits in mid-cap territory. The company provides academic preparation programs for international students; professional training and postsecondary education services, as well as English-language programs; operations support services for pre-college, certificate, undergraduate and graduate programs; exam preparation services; career and academic advisement services; and operates a sixth-form college that prepares students for A-level examinations.

Key stats
Market Cap$4.73B
P/E (TTM)16.23
Fwd P/E16.38
EPS$67.59
Beta0.74
52W Change+15.2%
Dividend Yield0.69%
ROE6.7%
Analysis

On the balance sheet, GHC has $1.11B in cash with $1.36B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company generates $207.2M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 6.7% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 3.2% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $3.92B (2022) to $4.91B (2025), reflecting a 25% increase over the period.

Investors considering Graham Holdings Company should weigh the typical risks associated with GHC's sector, size, and financial profile against their own risk tolerance and investment objectives. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Graham Holdings Company and its sector.

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