Graham Holdings (GHC) Net Margin (2009 - 2026)
Graham Holdings' (GHC) quarterly Net Margin came in at 2.49% in Q1 2026, up 28.0% year-on-year from 1.94% in Q1 2025, and down 71.93% quarter-over-quarter from 8.86% in Q4 2025.
Graham Holdings (GHC) Net Margin (2009 - 2026) Analysis & Trends
Graham Holdings has disclosed Net Margin across 18 years of filings, most recently posting 2.49% for Q1 2026.
- Net Margin for Q1 2026 came in at 2.49%, up 28.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.19% (down 699.0% YoY), and the FY2025 annual result was 6.17%, down 912.0% from the prior year.
- Net Margin came in at 2.49% for Q1 2026 at Graham Holdings, down from 8.86% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 44.28% in Q4 2024 to a low of 7.14% in Q2 2022.
- The 5-year median for Net Margin is 4.77% (2023), against an average of 6.65%.
- Across the five-year window, Net Margin jumped 3950 bps in 2024 and slumped 3541 bps in 2025, its largest moves.
- Graham Holdings' Net Margin stood at 0.62% in 2022, then jumped by 664 bps to 4.77% in 2023, then soared by 828 bps to 44.28% in 2024, then slumped by 80 bps to 8.86% in 2025, then plunged by 72 bps to 2.49% in 2026.
- The last three Net Margin figures came in at 2.49% (Q1 2026), 8.86% (Q4 2025), and 9.87% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | -21.10% |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | 0.21% |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 2.49% |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | -3.35% |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 14.16% |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 24.40% |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | -10.84% |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 0.22% |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 24.33% |
| 10 | Strategic Education | 1.69 Bn | 1.53 Bn | - | 10.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.49% |
| Dec 31, 2025 | 8.86% |
| Sep 30, 2025 | 9.87% |
| Jun 30, 2025 | 3.32% |
| Mar 31, 2025 | 2.21% |
| Dec 31, 2024 | 44.28% |
| Sep 30, 2024 | 6.17% |
| Jun 30, 2024 | -1.59% |
| Mar 31, 2024 | 10.87% |
| Dec 31, 2023 | 4.77% |
| Sep 30, 2023 | -1.90% |
| Jun 30, 2023 | 11.24% |
| Mar 31, 2023 | 5.14% |
| Dec 31, 2022 | 0.62% |
| Sep 30, 2022 | 3.34% |
| Jun 30, 2022 | -7.14% |
| Mar 31, 2022 | 10.56% |
| Dec 31, 2021 | 9.86% |
| Sep 30, 2021 | 4.90% |
| Jun 30, 2021 | 14.47% |