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Graham Holdings GHC Healthcare — CapEx

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Other financials

Income statement

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Revenue$1.2B+6.0%
Gross profit$340.5M-2.3%
Operating income$57.8M+21.8%
Net income$29.1M+21.8%
EPS (diluted)$6.62+21.5%

Balance sheet

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Cash & equivalents$234.0M+13.1%
Total debt$1.4B-6.4%
Total equity$4.7B+10.2%
Total assets$8.2B+7.4%

Cash flow

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Operating cash flow$67.7M+47.2%
CapEx$19.2M+23.8%
Free cash flow$48.6M+59.0%

Valuation

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Market cap$4.93B+9.7%

Profitability

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Gross margin29.7%-2.6pp
Operating margin4.9%+0.2pp
Net margin6%-7.0pp
FCF margin5.9%-1.9pp

Returns & leverage

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Return on equity6.6%-8.4pp
Debt / equity0.3×-0.1×
Current ratio1.8×+0.2×

Where this comes from

Reported directly by Graham Holdings in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The official record: Graham Holdings’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Graham Holdings's healthcare — capex?
Graham Holdings (GHC) reported healthcare — capex of $3.61M in Q4 2025.
How has Graham Holdings's healthcare — capex changed year-over-year?
Graham Holdings's healthcare — capex increased by 41.8% year-over-year, from $2.55M to $3.61M.
What is the long-term trend for Graham Holdings's healthcare — capex?
Over 2 years (2023 to 2025), Graham Holdings's healthcare — capex has grown at a 5.4% compound annual growth rate (CAGR), from $12.99M to $14.44M.
What does healthcare — capex mean?
This represents the funds used by the healthcare segment to acquire, upgrade, and maintain physical assets such as medical technology, facilities, and clinical equipment. It indicates the level of investment in long-term growth and operational capacity.