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Graham Holdings GHC Finance Lease Liabilities

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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$5.06B+20.2%
Enterprise value$6.38B+11.3%
P/E9.3×+3.2×
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:FinanceLeaseLiabilityNoncurrent.

The source filing: Graham Holdings’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 8:19 AM EST
Fiscal year
FY2025
Accession
0001628280-26-011405
(in thousands)As of December 31 / 2025As of December 31 / 2024
Total lease assets$427,513$410,135
Current liabilities:
Operating lease liabilities$64,290$58,239
Finance lease liabilities17,05918,028
Noncurrent liabilities:
Operating lease liabilities377,897362,885
Finance lease liabilities7,0625,049
Total lease liabilities$466,308$444,201

Item 16. Form 10-K Summary.

FAQ

What is Graham Holdings's finance lease liabilities?
Graham Holdings (GHC) reported finance lease liabilities of $7.06M in Q4 2025.
What is the long-term trend for Graham Holdings's finance lease liabilities?
Over 3 years (2022 to 2025), Graham Holdings's finance lease liabilities has grown at a 9.6% compound annual growth rate (CAGR), from $5.36M to $7.06M.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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