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Graham Holdings GHC Automotive — Floor plan assistance

Similar metrics at other companies

Penske Automotive Group logo
PAGRetail automotive dealership — Floor plan interest expense
$34.5M-4.2%
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PAGNon-Automotive Investments — Floor plan interest expense
$0
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PLOWFloor Plan Obligations
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SKYFloor Plan Payable
$99.4M-4.1%
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SKYFloor Plan Payable
$99.4M-4.1%
RDN
RDNWFloor plan interest expense
$2.4M-14.3%

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 ghc:VehicleFloorPlanFacilityAssistance.

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

The floor plan interest expense related to the vehicle floor plan arrangements is offset by amounts received from manufacturers in the form of floor plan assistance capitalized in inventory and recorded against cost of goods sold in the Condensed Consolidated Statements of Operations when the associated inventory is sold. For the three months ended June 30, 2026 and 2025, the Company recognized a reduction in cost of goods sold of $2.2 million and $2.0 million, respectively, related to manufacturer floor plan assistance. For the six months ended June 30, 2026 and 2025, the Company recognized a reduction in cost of goods sold of $4.1 million and $4.0 million, respectively, related to manufacturer floor plan assistance.

Item 1. Financial Statements.

FAQ

What is Graham Holdings's automotive — floor plan assistance?
Graham Holdings (GHC) reported automotive — floor plan assistance of $2.2M in Q2 2026.
How has Graham Holdings's automotive — floor plan assistance changed year-over-year?
Graham Holdings's automotive — floor plan assistance increased by 10.0% year-over-year, from $2M to $2.2M.
What is the long-term trend for Graham Holdings's automotive — floor plan assistance?
Over 4 years (2021 to 2025), Graham Holdings's automotive — floor plan assistance has grown at a 32.4% compound annual growth rate (CAGR), from $2.7M to $8.3M.
What does automotive — floor plan assistance mean?
Financial support or subsidies provided by vehicle manufacturers to dealerships to offset the costs of financing inventory. This metric acts as a contra-expense that improves the segment's operating margins.

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