Graham Holdings (GHC) Net Margin (2009 - 2026)
Graham Holdings (GHC) posted Net Margin of 21.68% for Q2 2026, up 771.37% sequentially from 2.49% in Q1 2026, and up 1835.0% YoY from 1.12% in Q2 2025.
Graham Holdings (GHC) Net Margin (2009 - 2026) Analysis & Trends
Graham Holdings has reported Net Margin for 18 years, with the latest figure at 21.68% in Q2 2026.
- Quarterly Net Margin rose 1835.0% year-over-year to 21.68% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 10.86% (down 346.0% YoY) and the FY2025 annual result came in at 6.17%, down 912.0% from the prior year.
- Net Margin climbed to 21.68% in Q2 2026 per GHC's latest filing, from 2.49% in the prior quarter.
- Over five years, Net Margin peaked at 44.28% in Q4 2024 and troughed at 7.14% in Q2 2022.
- A 5-year average of 7.49% and a median of 4.95% in 2023 frame the typical range for Net Margin.
- The sharpest annual moves came in 2024 and 2025: Net Margin soared 3950 bps in 2024, then slumped 3541 bps in 2025.
- Over 5 years, Net Margin stood at 0.62% in 2022, then soared by 664 bps to 4.77% in 2023, then surged by 828 bps to 44.28% in 2024, then slumped by 80 bps to 8.86% in 2025, then surged by 145 bps to 21.68% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 21.68%, 2.49%, and 8.86% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 7.27% |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -7.43% |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | - |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 21.68% |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | -0.08% |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 17.37% |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 12.81% |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | -10.84% |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 0.00% |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | 2.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.68% |
| 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% |