Graham Holdings (GHC) Tax Rate (2016 - 2026)
Quarterly results put Tax Rate at 24.35% for Q1 2026, up 86.0% from a year ago — trailing twelve months through Mar 2026 was 32.49% (up 366.0% YoY), and the annual figure for FY2025 was 32.56%, up 405.0%.
Graham Holdings has reported Tax Rate over the past 18 years, most recently at 24.35% for Q1 2026.
- Tax Rate reached 24.35% in Q1 2026 per GHC's latest filing, down from 35.68% in the prior quarter.
- Across five years, Tax Rate topped out at 78.67% in Q4 2022 and bottomed at 80.11% in Q3 2023.
- Median Tax Rate over the past 5 years was 26.6% (2023), compared with a mean of 21.12%.
- The largest annual shift saw Tax Rate crashed -10724bps in 2023 before it soared 11418bps in 2024.
- Over 5 years, Tax Rate stood at 78.67% in 2022, then tumbled by -70bps to 23.28% in 2023, then rose by 17bps to 27.19% in 2024, then soared by 31bps to 35.68% in 2025, then crashed by -32bps to 24.35% in 2026.
- Business Quant data shows Tax Rate for GHC at 24.35% in Q1 2026, 35.68% in Q4 2025, and 31.03% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | 11.20 |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 24.35 |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 20.92 |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 23.49 |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 26.13 |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 20.81 |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | -26.11 |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 22.46 |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 22.21 |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 7.87 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.35% |
| Mar 31, 2026 | 24.35% |
| Dec 31, 2025 | 35.68% |
| Dec 31, 2025 | 35.68% |
| Sep 30, 2025 | 31.03% |
| Sep 30, 2025 | 31.03% |
| Jun 30, 2025 | 33.32% |
| Jun 30, 2025 | 33.32% |
| Mar 31, 2025 | 23.50% |
| Mar 31, 2025 | 23.50% |
| Dec 31, 2024 | 27.19% |
| Dec 31, 2024 | 27.19% |
| Sep 30, 2024 | 34.07% |
| Sep 30, 2024 | 34.07% |
| Jun 30, 2024 | -27.84% |
| Jun 30, 2024 | -27.84% |
| Mar 31, 2024 | 25.76% |
| Mar 31, 2024 | 25.76% |
| Dec 31, 2023 | 23.28% |
| Dec 31, 2023 | 23.28% |
| Sep 30, 2023 | -80.11% |
| Sep 30, 2023 | -80.11% |
| Jun 30, 2023 | 25.19% |
| Jun 30, 2023 | 25.19% |
| Mar 31, 2023 | 26.60% |
| Mar 31, 2023 | 26.60% |
| Dec 31, 2022 | 78.67% |
| Dec 31, 2022 | 78.67% |
| Sep 30, 2022 | 27.13% |
| Sep 30, 2022 | 27.13% |
| Jun 30, 2022 | 24.31% |
| Jun 30, 2022 | 24.31% |
| Mar 31, 2022 | 26.94% |
| Mar 31, 2022 | 26.94% |
| Dec 31, 2021 | 17.30% |
| Dec 31, 2021 | 17.30% |
| Sep 30, 2021 | -17.46% |
| Sep 30, 2021 | -17.46% |
| Jun 30, 2021 | 27.06% |
| Jun 30, 2021 | 27.06% |
| Mar 31, 2021 | 26.88% |
| Mar 31, 2021 | 26.88% |
| Dec 31, 2020 | 25.43% |
| Dec 31, 2020 | 25.43% |
| Sep 30, 2020 | 27.76% |
| Sep 30, 2020 | 27.76% |
| Jun 30, 2020 | 68.96% |
| Jun 30, 2020 | 68.96% |
| Mar 31, 2020 | 57.26% |
| Mar 31, 2020 | 57.26% |
| Dec 31, 2019 | 21.12% |
| Dec 31, 2019 | 21.12% |
| Sep 30, 2019 | 26.13% |
| Sep 30, 2019 | 26.13% |
| Jun 30, 2019 | 22.60% |
| Jun 30, 2019 | 22.60% |
| Mar 31, 2019 | 25.25% |
| Mar 31, 2019 | 25.25% |
| Dec 31, 2018 | 17.94% |
| Dec 31, 2018 | 17.94% |
| Sep 30, 2018 | 7.40% |
| Sep 30, 2018 | 7.40% |
| Jun 30, 2018 | 25.66% |
| Jun 30, 2018 | 25.66% |
| Mar 31, 2018 | 24.04% |
| Mar 31, 2018 | 24.04% |
| Dec 31, 2017 | -291.10% |
| Dec 31, 2017 | -291.10% |
| Sep 30, 2017 | 35.04% |
| Sep 30, 2017 | 35.04% |
| Jun 30, 2017 | 36.27% |
| Jun 30, 2017 | 36.27% |
| Mar 31, 2017 | 11.35% |
| Mar 31, 2017 | 11.35% |
| Dec 31, 2016 | 42.42% |
| Dec 31, 2016 | 42.42% |
| Sep 30, 2016 | 19.06% |
| Sep 30, 2016 | 19.06% |
| Jun 30, 2016 | 28.00% |
| Jun 30, 2016 | 28.00% |