Graham Holdings (GHC) Net Margin (2016 - 2026)
Quarterly results put Net Margin at 2.49% for Q1 2026, up 28.0% from a year ago — trailing twelve months through Mar 2026 was 6.19% (down 699.0% YoY), and the annual figure for FY2025 was 6.17%, down 912.0%.
Graham Holdings has reported Net Margin over the past 18 years, most recently at 2.49% for Q1 2026.
- Net Margin reached 2.49% in Q1 2026 per GHC's latest filing, down from 8.86% in the prior quarter.
- Across five years, Net Margin topped out at 44.28% in Q4 2024 and bottomed at 7.14% in Q2 2022.
- Median Net Margin over the past 5 years was 4.77% (2023), compared with a mean of 6.65%.
- The largest annual shift saw Net Margin skyrocketed 3950bps in 2024 before it crashed -3541bps in 2025.
- Over 5 years, Net Margin stood at 0.62% in 2022, then skyrocketed by 664bps to 4.77% in 2023, then soared by 828bps to 44.28% in 2024, then plummeted by -80bps to 8.86% in 2025, then plummeted by -72bps to 2.49% in 2026.
- Business Quant data shows Net Margin for GHC at 2.49% in Q1 2026, 8.86% in Q4 2025, and 9.87% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | -17.22% |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 2.49% |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 0.21% |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 24.40% |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 14.16% |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 24.33% |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 0.22% |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 10.72% |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 3.03% |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 10.15% |
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% |
| Mar 31, 2021 | 15.81% |
| Dec 31, 2020 | 30.11% |
| Sep 30, 2020 | 10.89% |
| Jun 30, 2020 | 2.89% |
| Mar 31, 2020 | -4.63% |
| Dec 31, 2019 | 19.13% |
| Sep 30, 2019 | 5.82% |
| Jun 30, 2019 | 7.75% |
| Mar 31, 2019 | 11.80% |
| Dec 31, 2018 | 8.23% |
| Sep 30, 2018 | 18.54% |
| Jun 30, 2018 | 6.93% |
| Mar 31, 2018 | 6.46% |
| Dec 31, 2017 | 31.69% |
| Sep 30, 2017 | 3.77% |
| Jun 30, 2017 | 6.21% |
| Mar 31, 2017 | 3.58% |
| Dec 31, 2016 | 5.86% |
| Sep 30, 2016 | 36.16% |
| Jun 30, 2016 | 9.66% |