McGraw Hill (MH) Gross Margin (2024 - 2026)
McGraw Hill (MH) posted Gross Margin of 79.87% for Q2 2026, down 4.76% on a QoQ basis from 83.86% in Q1 2026, and up 290.0% year-over-year from 20.48% in Q2 2025.
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Analysis
McGraw Hill (MH) Gross Margin (2024 - 2026) Analysis & Trends
McGraw Hill has reported Gross Margin for 3 years, with the latest figure at 79.87% in Q2 2026.
- On a quarterly basis, Gross Margin rose 290.0% year-over-year to 79.87% in Q2 2026; TTM through Jun 2026 was 81.65%, a 154.0% increase from a year earlier, with the FY2026 full-year figure at 80.92%, up 102.0% from the prior year.
- Gross Margin was 79.87% for Q2 2026 at McGraw Hill, down from 83.86% in the prior quarter.
- The five-year high for Gross Margin was 85.29% in Q4 2025, with the low at 76.04% in Q2 2024.
- Average Gross Margin over 3 years is 80.75%, with a median of 79.87% recorded in 2026.
- The largest YoY upside for Gross Margin was 290 bps in 2026 against a maximum downside of 43 bps in 2026.
- Over 3 years, Gross Margin stood at 84.33% in 2024, then grew by 1 bps to 85.29% in 2025, then retreated by 6 bps to 79.87% in 2026.
- The last three Gross Margin figures came in at 79.87% (Q2 2026), 83.86% (Q1 2026), and 85.29% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.15 Bn | 74.93 Bn | 4.10 Bn | 46.99% |
| 2 | Fox | 24.55 Bn | 20.44 Bn | - | - |
| 3 | Omnicom | 20.71 Bn | 17.98 Bn | 1.30 Bn | 19.78% |
| 4 | News | 17.37 Bn | 15.99 Bn | - | - |
| 5 | Paramount Skydance | 11.04 Bn | 8.96 Bn | -2.08 Bn | - |
| 6 | Pearson | 10.10 Bn | 9.51 Bn | 1.17 Bn | 51.05% |
| 7 | New York Times | 9.93 Bn | 9.27 Bn | 394.61 Mn | 51.76% |
| 8 | Sirius Xm Holdings | 8.86 Bn | 8.68 Bn | 1.44 Bn | 66.57% |
| 9 | 36Kr Holdings | 6.17 Bn | 6.15 Bn | - | - |
| 10 | McGraw Hill | 2.63 Bn | 2.43 Bn | 439.20 Mn | 79.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 79.87% |
| Mar 31, 2026 | 83.86% |
| Dec 31, 2025 | 85.29% |
| Sep 30, 2025 | 79.22% |
| Jun 30, 2025 | 76.97% |
| Mar 31, 2025 | 83.44% |
| Dec 31, 2024 | 84.33% |
| Sep 30, 2024 | 77.73% |
| Jun 30, 2024 | 76.04% |
API Access
McGraw Hill Gross 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=gross-margin&ticker=MH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();