Graham Holdings (GHC) FCF Margin (2016 - 2026)
Quarterly results put FCF Margin at 3.93% for Q1 2026, up 131.0% from a year ago — trailing twelve months through Mar 2026 was 5.89% (down 191.0% YoY), and the annual figure for FY2025 was 5.61%, down 116.0%.
Graham Holdings has reported FCF Margin over the past 18 years, most recently at 3.93% for Q1 2026.
- FCF Margin reached 3.93% in Q1 2026 per GHC's latest filing, up from 0.4% in the prior quarter.
- Across five years, FCF Margin topped out at 18.18% in Q3 2024 and bottomed at 1.75% in Q1 2024.
- Median FCF Margin over the past 5 years was 3.35% (2022), compared with a mean of 4.89%.
- The largest annual shift saw FCF Margin surged 738bps in 2024 before it plummeted -691bps in 2025.
- Over 5 years, FCF Margin stood at 0.6% in 2022, then surged by 260bps to 2.15% in 2023, then soared by 240bps to 7.31% in 2024, then tumbled by -95bps to 0.4% in 2025, then soared by 878bps to 3.93% in 2026.
- Business Quant data shows FCF Margin for GHC at 3.93% in Q1 2026, 0.4% in Q4 2025, and 12.65% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | - |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 3.93% |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 19.66% |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 28.01% |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 29.13% |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 30.51% |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | -11.94% |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 25.27% |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | -6.99% |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 34.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.93% |
| Dec 31, 2025 | 0.40% |
| Sep 30, 2025 | 12.65% |
| Jun 30, 2025 | 6.42% |
| Mar 31, 2025 | 2.62% |
| Dec 31, 2024 | 7.31% |
| Sep 30, 2024 | 18.18% |
| Jun 30, 2024 | 2.85% |
| Mar 31, 2024 | -1.75% |
| Dec 31, 2023 | 2.15% |
| Sep 30, 2023 | 10.80% |
| Jun 30, 2023 | 1.91% |
| Mar 31, 2023 | 0.02% |
| Dec 31, 2022 | 0.60% |
| Sep 30, 2022 | 7.83% |
| Jun 30, 2022 | 3.92% |
| Mar 31, 2022 | 3.35% |
| Dec 31, 2021 | -1.91% |
| Sep 30, 2021 | 1.36% |
| Jun 30, 2021 | 4.30% |
| Mar 31, 2021 | 1.53% |
| Dec 31, 2020 | -5.55% |
| Sep 30, 2020 | 14.45% |
| Jun 30, 2020 | 14.39% |
| Mar 31, 2020 | -1.75% |
| Dec 31, 2019 | 9.83% |
| Sep 30, 2019 | 8.93% |
| Jun 30, 2019 | -0.43% |
| Mar 31, 2019 | -9.56% |
| Dec 31, 2018 | 8.10% |
| Sep 30, 2018 | 15.26% |
| Jun 30, 2018 | 4.25% |
| Mar 31, 2018 | 0.22% |
| Dec 31, 2017 | 4.54% |
| Sep 30, 2017 | 11.47% |
| Jun 30, 2017 | 3.75% |
| Mar 31, 2017 | 13.08% |
| Dec 31, 2016 | 13.43% |
| Sep 30, 2016 | -15.63% |
| Jun 30, 2016 | 11.80% |