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Graham Holdings GHC Healthcare — Reallocation

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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:GoodwillTransfers.

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 — reallocation?
Graham Holdings (GHC) reported healthcare — reallocation of $21.79M in Q4 2025.
What does healthcare — reallocation mean?
Adjustments made to the healthcare segment's financial reporting to reflect the transfer of assets, liabilities, or costs between business segments. This ensures that financial data accurately aligns with the current organizational structure and reporting responsibilities. It provides transparency into how internal resources are shifted to support evolving business priorities.