Graham Holdings (GHC) Gross Margin (2019 - 2026)
Graham Holdings (GHC) recorded Gross Margin of 30.10% in Q2 2026, down 0.86 percentage points from 30.95% a year earlier and down 0.55 percentage points from the prior quarter.
Graham Holdings (GHC) Gross Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Graham Holdings' Gross Margin came in at 29.95% as of Jun 30, 2026, down 1.14 percentage points year-over-year; for FY2025, it came in at 29.93%, down 0.68 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -3.89 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 30.61% in FY2024 and 33.63% in FY2021 (-0.19 pp).
- Quarterly Gross Margin has ranged from 28.86% in Q1 2024 to 35.02% in Q4 2021 over the past five years.
- On a year-over-year basis, Gross Margin rose in five of the last eight quarters, with an average year-over-year change of +0.28 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2.91 percentage points in Q4 2024, against a drop of 3.56 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 30.65% (Q1 2026), 29.78% (Q4 2025) and 29.28% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 10.50 Bn | 9.57 Bn | 272.27 Mn | 24.59% |
| 2 | New Oriental Education & Technology | 8.07 Bn | -2.95 Bn | 20,000.00 | 0.00% |
| 3 | TAL Education | 6.08 Bn | -6.40 Bn | 594.64 Mn | 59.78% |
| 4 | Graham Holdings | 5.21 Bn | 307.76 Mn | 392.25 Mn | 29.58% |
| 5 | Laureate Education | 4.77 Bn | 4.12 Bn | 131.69 Mn | 27.15% |
| 6 | Valvoline | 4.62 Bn | 4.33 Bn | 214.90 Mn | 39.46% |
| 7 | Covista | 4.17 Bn | 3.34 Bn | 290.78 Mn | 56.84% |
| 8 | Stride | 3.33 Bn | 151.03 Mn | 241.12 Mn | 37.71% |
| 9 | Onespaworld Holdings | 3.13 Bn | 3.03 Bn | 49.70 Mn | 17.97% |
| 10 | Bright Horizons Family Solutions | 2.70 Bn | 2.15 Bn | 204.83 Mn | 24.34% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 29.58% |
| Jun 30, 2026 | 30.10% |
| Mar 31, 2026 | 30.65% |
| Dec 31, 2025 | 29.78% |
| Sep 30, 2025 | 29.28% |
| Jun 30, 2025 | 30.95% |
| Mar 31, 2025 | 29.72% |
| Dec 31, 2024 | 32.10% |
| Sep 30, 2024 | 31.51% |
| Jun 30, 2024 | 29.82% |
| Mar 31, 2024 | 28.86% |
| Dec 31, 2023 | 29.18% |
| Sep 30, 2023 | 29.68% |
| Jun 30, 2023 | 30.51% |
| Mar 31, 2023 | 29.50% |
| Dec 31, 2022 | 32.74% |
| Sep 30, 2022 | 31.38% |
| Jun 30, 2022 | 32.30% |
| Mar 31, 2022 | 32.71% |
| Dec 31, 2021 | 35.02% |
Graham Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GHC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();