Graham Holdings (GHC) Operating Margin (2009 - 2026)
Graham Holdings' (GHC) quarterly Operating Margin came in at 6.42% in Q2 2026, up 44.0% year-over-year from 4.46% in Q2 2025, and up 37.23% quarter-over-quarter from 4.68% in Q1 2026.
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Graham Holdings (GHC) Operating Margin (2009 - 2026) Analysis & Trends
Graham Holdings has disclosed Operating Margin across 18 years of filings, most recently posting 6.42% for Q2 2026.
- In Q2 2026, Operating Margin rose 44.0% year-over-year to 6.42%; the TTM figure through Jun 2026 stood at 5.05% (down 62.0% YoY), while the FY2025 annual figure was 4.78%, up 29.0% from the prior year.
- Operating Margin came in at 6.42% for Q2 2026 at Graham Holdings, up from 4.68% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 6.76% in Q3 2024 to a low of 5.16% in Q4 2022.
- Average Operating Margin over 5 years is 3.54%, with a median of 4.29% recorded in 2022.
- Year-over-year, Operating Margin tumbled 1102 bps in 2023 and soared 1190 bps in 2024.
- Over 5 years, Operating Margin stood at 5.16% in 2022, then surged by 168 bps to 3.5% in 2023, then soared by 66 bps to 5.82% in 2024, then tumbled by 35 bps to 3.8% in 2025, then surged by 69 bps to 6.42% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 6.42% in Q2 2026, 4.68% in Q1 2026, and 3.8% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 10.64 Bn | 10.38 Bn | 273.50 Mn | 20.99% |
| 2 | New Oriental Education & Technology | 8.69 Bn | 6.29 Bn | -19,600.00 | 5.61% |
| 3 | Laureate Education | 5.06 Bn | 4.90 Bn | 237.67 Mn | 36.28% |
| 4 | Graham Holdings | 4.89 Bn | 3.68 Bn | 777.03 Mn | 6.42% |
| 5 | Covista | 4.19 Bn | 3.78 Bn | 284.63 Mn | 19.04% |
| 6 | Valvoline | 3.67 Bn | 3.58 Bn | 214.90 Mn | 20.60% |
| 7 | Bright Horizons Family Solutions | 3.28 Bn | 3.11 Bn | 188.96 Mn | 10.24% |
| 8 | Stride | 3.26 Bn | 2.30 Bn | 217.28 Mn | 16.64% |
| 9 | TAL Education | 2.28 Bn | -596.06 Mn | 438.20 Mn | 18.09% |
| 10 | Onespaworld Holdings | 2.26 Bn | 2.22 Bn | 84.35 Mn | 9.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.42% |
| Mar 31, 2026 | 4.68% |
| Dec 31, 2025 | 3.80% |
| Sep 30, 2025 | 5.25% |
| Jun 30, 2025 | 5.98% |
| Mar 31, 2025 | 4.07% |
| Dec 31, 2024 | 5.82% |
| Sep 30, 2024 | 6.76% |
| Jun 30, 2024 | 2.19% |
| Mar 31, 2024 | 3.07% |
| Dec 31, 2023 | 3.50% |
| Sep 30, 2023 | -5.14% |
| Jun 30, 2023 | 5.25% |
| Mar 31, 2023 | 2.68% |
| Dec 31, 2022 | -5.16% |
| Sep 30, 2022 | 5.88% |
| Jun 30, 2022 | 4.21% |
| Mar 31, 2022 | 4.37% |
| Dec 31, 2021 | 2.61% |
| Sep 30, 2021 | -2.05% |
API Access
Graham Holdings Operating 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=operating-margin&ticker=GHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=GHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();