KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Graham Holdings (GHC) Operating Margin (2016 - 2025)

Graham Holdings' Operating Margin history spans 17 years, with the latest figure at 3.8% for Q4 2025.

  • For Q4 2025, Operating Margin fell 202.0% year-over-year to 3.8%; the TTM value through Dec 2025 reached 4.78%, up 29.0%, while the annual FY2025 figure was 4.78%, 29.0% up from the prior year.
  • Operating Margin for Q4 2025 was 3.8% at Graham Holdings, down from 5.25% in the prior quarter.
  • Across five years, Operating Margin topped out at 6.76% in Q3 2024 and bottomed at 5.16% in Q4 2022.
  • The 5-year median for Operating Margin is 4.14% (2022), against an average of 3.13%.
  • The largest annual shift saw Operating Margin plummeted -1102bps in 2023 before it soared 1190bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 2.61% in 2021, then crashed by -298bps to 5.16% in 2022, then soared by 168bps to 3.5% in 2023, then skyrocketed by 66bps to 5.82% in 2024, then tumbled by -35bps to 3.8% in 2025.
  • Per Business Quant, the three most recent readings for GHC's Operating Margin are 3.8% (Q4 2025), 5.25% (Q3 2025), and 5.98% (Q2 2025).