GHC Stock Financial Analysis - Graham Holdings Company (NYSE) Stock

Overview

Graham Holdings Company, based in the United States, operates as a diversified education and media organization. Its primary industries encompass education services, television broadcasting, and print and online publishing. Notably, Graham Holdings is the parent company of Kaplan, Inc., a leading international provider of educational services, offering higher education, test preparation, and professional training. Additionally, the company owns a portfolio of television broadcasting stations, predominantly affiliated with NBC and CBS, which significantly contributes to its media segment. Another significant realm of its operations includes manufacturing, with subsidiaries engaged in the production of industrial products. Graham Holdings focuses on leveraging its broad spectrum of operations to maintain a robust presence in its respective markets, ensuring the continual evolution of its project portfolio to align with technological and market trends.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for Graham Holdings Company as of June 30, 2025 is 4,834.65 MM.
The operating income for Graham Holdings Company as of June 30, 2025 is 1,078.89 MM.
The net income for Graham Holdings Company as of June 30, 2025 is 681.94 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-06-30	4,834.65	1,078.89	681.94
2025-03-31	4,804.16	1,064.75	624.15
2024-12-31	4,790.90	1,060.28	724.63
2024-09-30	4,711.92	367.89	229.10
2024-06-30	4,616.27	321.13	133.57
2024-03-31	4,535.99	315.86	277.40
2023-12-31	4,414.88	302.27	205.29
2023-09-30	4,312.10	354.44	158.19
2023-06-30	4,213.02	386.07	214.00
2023-03-31	4,041.32	385.04	23.73
2022-12-31	3,924.49	410.83	67.08
2022-09-30	3,723.39	341.81	145.60
2022-06-30	3,520.39	269.25	152.41
2022-03-31	3,388.24	246.34	335.25
2021-12-31	3,185.97	219.54	352.07
2021-09-30	3,110.05	228.41	504.54
2021-06-30	3,017.60	249.53	542.56
2021-03-31	2,869.32	224.46	446.06
2020-12-31	2,889.12	203.67	300.37
2020-09-30	2,865.59	281.89	209.10
2020-06-30

Income Statement: EPS

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-06-30
2025-03-31	142.71	141.53
2024-12-31	164.62	163.40
2024-09-30	51.47	51.18
2024-06-30	29.59	29.45
2024-03-31	60.46	60.24
2023-12-31	43.96	43.82
2023-09-30	33.40	33.29
2023-06-30	44.69	44.56
2023-03-31	4.93	4.91
2022-12-31	13.83	13.79
2022-09-30	29.81	29.73
2022-06-30	30.94	30.85
2022-03-31	67.61	67.41
2021-12-31	70.66	70.46
2021-09-30	100.97	100.69
2021-06-30	108.11	107.65
2021-03-31	87.92	87.61
2020-12-31	58.30	58.13
2020-09-30	39.97	39.81
2020-06-30	32.99	32.86

Cash Flow: Operations, Investing, Financing

The cash from operating activities for Graham Holdings Company as of June 30, 2025 is 494.69 MM.
The cash from investing activities for Graham Holdings Company as of June 30, 2025 is -51.86 MM.
The cash from financing activities for Graham Holdings Company as of June 30, 2025 is -408.22 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-06-30	494.69	-51.86	-408.22
2025-03-31	451.94	-59.96	-364.22
2024-12-31	406.99	-62.33	-240.97
2024-09-30	348.02	-69.22	-206.44
2024-06-30	250.74	-171.79	-43.22
2024-03-31	238.13	-171.98	-40.51
2023-12-31	259.88	-152.97	-99.83
2023-09-30	234.47	-131.85	-79.63
2023-06-30	198.44	-189.12	-6.42
2023-03-31	213.52	-205.54	-11.55
2022-12-31	235.60	-184.07	-18.11
2022-09-30	208.82	-245.82	70.87
2022-06-30	228.99	-202.04	0.63
2022-03-31	223.32	-411.82	-23.21
2021-12-31	202.43	-494.63	31.03
2021-09-30	167.04	-233.81	-98.35
2021-06-30	162.16	-137.79	-185.16
2021-03-31	222.26	126.52	-187.45
2020-12-31	210.66	199.37	-204.00
2020-09-30	333.77	-21.56	-160.57
2020-06-30

Valuation Metrics : PE, PriceToBook, PriceToTBV

The p/book for Graham Holdings Company as of June 30, 2025 is 0.94.
The p/tbv for Graham Holdings Company as of June 30, 2025 is 1.60.

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-06-30		0.94	1.60
2025-03-31		0.72	1.16
2024-12-31		0.70	1.22
2024-09-30	20.79	0.67	1.17
2024-06-30	11.13	0.75	1.32
2024-03-31	16.41	0.83	1.50
2023-12-31	20.00	0.84	1.61
2023-09-30	12.68	0.70	1.35
2023-06-30	114.67	0.71	1.41
2023-03-31	42.42	0.75
2022-12-31		0.67	1.25
2022-09-30		0.60	1.09
2022-06-30		0.61	1.11
2022-03-31	8.52	0.68	1.25
2021-12-31	6.16	0.78	1.54
2021-09-30	5.41	0.74	1.50
2021-06-30	5.70
2021-03-31	6.64	0.76	1.42
2020-12-31	9.83	0.78	1.49
2020-09-30	14.33	0.92	2.04
2020-06-30	67.95	3.68	8.25

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

The ebit/ev for Graham Holdings Company as of June 30, 2025 is 0.18.
The ebit (3y)/ev for Graham Holdings Company as of June 30, 2025 is 0.09.

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-06-30	0.18	0.09
2025-03-31	0.25	0.12
2024-12-31	0.09	0.07
2024-09-30	0.06	0.06
2024-06-30	0.10	0.07
2024-03-31	0.07	0.07
2023-12-31	0.07	0.10
2023-09-30	0.09	0.12
2023-06-30	0.02	0.10
2023-03-31	0.04	0.11
2022-12-31	0.05	0.11
2022-09-30	0.06	0.12
2022-06-30	0.13	0.14
2022-03-31	0.13	0.12
2021-12-31	0.19	0.14
2021-09-30	0.22	0.13
2021-06-30
2021-03-31	0.20	0.13
2020-12-31	0.13	0.12
2020-09-30	0.08	0.09
2020-06-30	0.02	0.02

Management Effectiveness

The roa for Graham Holdings Company as of June 30, 2025 is 0.09.
The roe for Graham Holdings Company as of June 30, 2025 is 0.15.
The roic for Graham Holdings Company as of June 30, 2025 is 0.11.
The croic for Graham Holdings Company as of June 30, 2025 is 0.00.
The ocroic for Graham Holdings Company as of June 30, 2025 is 0.08.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-06-30	0.09	0.15	0.11	0.00	0.08
2025-03-31	0.10	0.18	0.12	0.02	0.07
2024-12-31	0.03	0.06	0.04	0.01	0.06
2024-09-30	0.02	0.04	0.02	0.01	0.04
2024-06-30	0.04	0.07	0.05	0.00	0.04
2024-03-31	0.03	0.05	0.04	0.00	0.05
2023-12-31	0.02	0.04	0.03	0.01	0.05
2023-09-30	0.03	0.05	0.04	0.00	0.04
2023-06-30	0.00	0.01	0.04	0.00	0.04
2023-03-31	0.01	0.01	0.00	-0.00	0.04
2022-12-31	0.02	0.04	0.03	0.00	0.04
2022-09-30	0.02	0.04	0.03	0.00	0.04
2022-06-30	0.05	0.08	0.03	0.00	0.04
2022-03-31	0.05	0.09	0.06	-0.04	0.04
2021-12-31	0.08	0.13	0.06	-0.05	0.03
2021-09-30	0.09	0.17	0.10	-0.03	0.03
2021-06-30	0.10	0.17	0.11	-0.03	0.03
2021-03-31	0.08	0.14	0.09	0.03	0.05
2020-12-31	0.05	0.09	0.06	0.04	0.04
2020-09-30	0.04	0.07	0.05	0.04	0.08
2020-06-30	0.03	0.06	0.04	0.02	0.07

Gross Margins

The gross margin for Graham Holdings Company as of June 30, 2025 is 0.31.
The net margin for Graham Holdings Company as of June 30, 2025 is 0.13.
The operating margin for Graham Holdings Company as of June 30, 2025 is 0.22.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-06-30	0.31	0.13	0.22
2025-03-31	0.31	0.15	0.22
2024-12-31	0.46	0.05	0.08
2024-09-30	0.29	0.03	0.07
2024-06-30	0.35	0.06	0.07
2024-03-31	0.07	0.05	0.07
2023-12-31	0.31	0.04	0.08
2023-09-30	0.42	0.05	0.09
2023-06-30	0.31	0.05	0.09
2023-03-31	0.09	0.01	0.10
2022-12-31	0.49	0.04	0.09
2022-09-30	0.44	0.04	0.09
2022-06-30	0.33	0.04	0.08
2022-03-31	0.34	0.10	0.07
2021-12-31	0.34	0.11	0.07
2021-09-30	0.34	0.16	0.07
2021-06-30	0.34	0.18	0.08
2021-03-31	0.34	0.16	0.08
2020-12-31		0.10	0.07
2020-09-30	0.33	0.07	0.10
2020-06-30	0.32	0.06	0.09