McGraw Hill (MH) Operating Margin (2024 - 2026)
McGraw Hill (MH) posted Operating Margin of 20.78% for Q2 2026, up 1614.8% on a QoQ basis from 1.37% in Q1 2026, and up 282.0% year-over-year from 5.44% in Q2 2025.
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Analysis
McGraw Hill (MH) Operating Margin (2024 - 2026) Analysis & Trends
McGraw Hill has reported Operating Margin for 3 years, with the latest figure at 20.78% in Q2 2026.
- On a quarterly basis, Operating Margin rose 282.0% year-over-year to 20.78% in Q2 2026; TTM through Jun 2026 was 13.93%, a 155.0% decrease from a year earlier, with the FY2026 full-year figure at 13.16%, down 144.0% from the prior year.
- Operating Margin was 20.78% for Q2 2026 at McGraw Hill, up from 1.37% in the prior quarter.
- The five-year high for Operating Margin was 26.01% in Q3 2024, with the low at 1.37% in Q1 2026.
- Average Operating Margin over 3 years is 13.33%, with a median of 14.49% recorded in 2024.
- The sharpest annual moves came in 2025 and 2026: Operating Margin jumped 347 bps in 2025, then plunged 724 bps in 2026.
- Over 3 years, Operating Margin stood at 5.8% in 2024, then advanced by 21 bps to 7.0% in 2025, then soared by 197 bps to 20.78% in 2026.
- The last three Operating Margin figures came in at 20.78% (Q2 2026), 1.37% (Q1 2026), and 7.0% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.15 Bn | 74.93 Bn | 4.10 Bn | 2.72% |
| 2 | Fox | 24.55 Bn | 20.44 Bn | - | - |
| 3 | Omnicom | 20.71 Bn | 17.98 Bn | 1.30 Bn | 14.06% |
| 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 | 13.94% |
| 7 | New York Times | 9.93 Bn | 9.27 Bn | 394.61 Mn | 15.48% |
| 8 | Sirius Xm Holdings | 8.86 Bn | 8.68 Bn | 1.44 Bn | 21.85% |
| 9 | 36Kr Holdings | 6.17 Bn | 6.15 Bn | - | - |
| 10 | McGraw Hill | 2.63 Bn | 2.43 Bn | 439.20 Mn | 20.78% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.78% |
| Mar 31, 2026 | -1.37% |
| Dec 31, 2025 | 7.00% |
| Sep 30, 2025 | 23.39% |
| Jun 30, 2025 | 17.96% |
| Mar 31, 2025 | 5.87% |
| Dec 31, 2024 | 5.80% |
| Sep 30, 2024 | 26.01% |
| Jun 30, 2024 | 14.49% |
API Access
McGraw Hill 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=MH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=MH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();