McGraw Hill (MH) Operating Margin (2024 - 2026)
McGraw Hill's (MH) quarterly Operating Margin came in at 1.37% in Q1 2026, down 724.0% YoY from 0.22% in Q1 2025, and down 119.6% quarter-over-quarter from 7.0% in Q4 2025.
McGraw Hill (MH) Operating Margin (2024 - 2026) Analysis & Trends
McGraw Hill's Operating Margin history runs 3 years deep, the most recent figure standing at 1.37% for Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 724.0% year-over-year to 1.37%; the trailing twelve-month figure through Mar 2026 stood at 13.16% (down 144.0% YoY), and the FY2026 full-year result was 13.16%, down 144.0% from the prior year.
- Operating Margin was 1.37% for Q1 2026 at McGraw Hill, down from 7.0% in the prior quarter.
- Over the last five years, Operating Margin for MH reached as high as 26.01% in Q3 2024 and fell as low as 1.37% in Q1 2026.
- Median Operating Margin over the past 3 years was 10.75% (2024), compared with a mean of 12.39%.
- Across the five-year window, Operating Margin soared 347 bps in 2025 and slumped 724 bps in 2026, its largest moves.
- Over 3 years, Operating Margin stood at 5.8% in 2024, then rose by 21 bps to 7.0% in 2025, then slumped by 120 bps to 1.37% in 2026.
- Business Quant data shows MH's Operating Margin at 1.37% in Q1 2026, 7.0% in Q4 2025, and 23.39% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | -16.93% |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | -10.10% |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 4.68% |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 18.75% |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 20.49% |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 30.92% |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | -1.37% |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 0.15% |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 28.47% |
| 10 | Strategic Education | 1.69 Bn | 1.53 Bn | - | 13.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |