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Graham Holdings GHC Equity Method Income

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Other financials

Income statement

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Revenue$1.3B+7.1%
Gross profit$340.5M-2.3%
Operating income$83.6M+15.0%
Net income$281.1M+665%
EPS (diluted)$64.86+677%

Balance sheet

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Cash & equivalents$208.1M-9.3%
Total debt$1.5B-12.8%
Total equity$4.8B+9.4%
Total assets$8.1B+6.9%

Cash flow

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Operating cash flow$52.7M-44.4%
CapEx$20.1M+19.4%
Free cash flow$32.6M-58.2%

Valuation

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Market cap$5.02B+15.8%
Enterprise value$6.34B+8.2%
P/E9.3×+2.9×
P/S+0.1×

Profitability

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Gross margin29.7%-2.6pp
Operating margin5.1%-0.6pp
Net margin10.7%-3.4pp
FCF margin4.9%-3.8pp

Returns & leverage

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Return on equity11.9%-4.5pp
Debt / equity0.3×-0.1×
Current ratio1.9×+0.6×

Where this comes from

Reported directly by Graham Holdings in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromEquityMethodInvestments.

The source filing: Graham Holdings’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 8:25 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050826
(in thousands, except per share amounts)Three Months Ended June 30 / 2026Three Months Ended June 30 / 2025Six Months Ended June 30 / 2026Six Months Ended June 30 / 2025
Impairment of goodwill and asset group held for sale19,029
1,218,8721,143,0212,397,0312,261,463
Income from Operations83,63472,751141,467120,224
Equity in (losses) earnings of affiliates, net(19,863)3,11414,987(5,314)
Interest income1,8812,2614,3564,761
Interest expense(17,173)(18,106)(33,402)(100,383)
Non-operating pension and postretirement benefit income, net169,64928,602200,72263,219
Gain (loss) on marketable equity securities, net101,879(11,543)32,95632,258

Item 1. Financial Statements.

FAQ

What is Graham Holdings's equity method income?
Graham Holdings (GHC) reported equity method income of -$19.86M in Q2 2026.
How has Graham Holdings's equity method income changed year-over-year?
Graham Holdings's equity method income decreased by 737.9% year-over-year, from $3.11M to -$19.86M.
What is the long-term trend for Graham Holdings's equity method income?
Over 2 years (2022 to 2025), Graham Holdings's equity method income has grown at a 140.4% compound annual growth rate (CAGR), from -$2.84M to $16.39M.
What does equity method income mean?
The company's proportional share of net income or loss from unconsolidated affiliates and joint ventures accounted for under the equity method.

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