GHC
Graham Holdings Co
Next earnings Jul 28, 2026 · consensus $14.98 EPS, $1.30B rev
Last earnings -2.4% on 2026-04-30
$1,159.96
▲ +1.96%$1,159.96▲ +20.57%
over 1Y
L $878.11EODHDH $1,189.83
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+2.0%
1W+1.7%
1M+4.1%
3M+10.6%
YTD+7.0%
1Y+20.6%
Hold
Conviction
Horizon
Long (>12mo)
12-mo target
$•••
Street · 8 analysts
Sell
Diversified Graham conglomerate with steadily growing operations; reported earnings swing on investment marks, valuation fair.
Operating income $235M · FY2025
The read
Middling fundamentals and a rich price (~56% above fair value) leave little margin of safety — a wait-and-see.
Graham Holdings is a diversified holding company — education (Kaplan), broadcasting, healthcare, manufacturing, automotive dealerships, and other operating businesses, plus a sizable marketable-securities and investment portfolio. The operating business is doing fine: FY2025 revenue grew 2.5% to $4.91B and, importantly, operating income rose 9.0% to $235M, showing the underlying segments are improving. The conglomerate carries a conservative balance sheet — $4.79B equity (up 12.6%) against $3.53B liabilities (0.74x), with modest debt ($706M long-term).
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $3.19B | $3.92B | $4.41B | $4.79B | $4.91B |
| Gross profit | — | — | — | — | — |
| Operating income | $77.4M | $83.9M | $69.4M | $216M | $235M |
| Net income | $352M | $67.1M | $205M | $725M | $292M |
| Diluted EPS | $70.45 | $13.79 | $43.82 | $163.40 | $66.47 |
| Net margin | 11.1% | 1.7% | 4.6% | 15.1% | 6.0% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield—
FCF yield—
Quality & risk
ROIC (est.)3.3%
Free cash flow$275M
Total debt$881M
Net cash-$614M
Piotroski F-Score5/7
Capital returns
Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRoutine disclosure cadence — no material red flags in recent filings.
Recent filings
all on EDGAR ↗11-KPeriod ending 2025-12-312026-06-25open ↗11-KPeriod ending 2025-12-312026-06-25open ↗11-KPeriod ending 2025-12-312026-06-25open ↗SDFiling2026-05-29open ↗4Period ending 2026-05-262026-05-28open ↗4Period ending 2026-05-262026-05-28open ↗4Period ending 2026-05-262026-05-28open ↗13F-HRPeriod ending 2026-03-312026-05-15open ↗SCHEDULE 13G/AFiling2026-05-15open ↗8-KPeriod ending 2026-05-052026-05-05open ↗8-KPeriod ending 2026-05-012026-05-01open ↗SCHEDULE 13GFiling2026-04-30open ↗
Frequently asked
- Is Graham Holdings Co (GHC) a buy?
- GHC currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Diversified Graham conglomerate with steadily growing operations; reported earnings swing on investment marks, valuation fair.
- What is GHC's fair value?
- A Modified-Graham model based on GHC's SEC fundamentals estimates a fair value of about $508.50. It is an estimate from reported earnings, not a price target.
- Is GHC overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, GHC currently appears overvalued relative to its SEC-grounded earnings power.
- What is Graham Holdings Co's quality score?
- GHC scores 63.11764705882353/100 (grade C+) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000104889, latest 10-Q filed 2026-04-30) · EODHD · analysis by claude-code · as of 6/21/2026, 9:00:30 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.