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Graham Holdings GHC Return on invested capital

Return on invested capital at other companies

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37.8%+4.9pp
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-48.4%-20.0pp
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34.2%+9.9pp
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18.4%+9.5pp
MH
McGraw HillMH
9%

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

Calculated from Graham Holdings’s reported figures.

Based on trailing twelve months.

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

Filed
Jul 30, 2026, 8:25 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050826

FAQ

What is Graham Holdings's return on invested capital?
Graham Holdings (GHC) reported return on invested capital of 3.3% in Q2 2026.
How has Graham Holdings's return on invested capital changed year-over-year?
Graham Holdings's return on invested capital decreased by 7.4% year-over-year, from 3.6% to 3.3%.
What is the long-term trend for Graham Holdings's return on invested capital?
Over 5 years (2020 to 2025), Graham Holdings's return on invested capital has grown at a 10.6% compound annual growth rate (CAGR), from 1.7% to 2.8%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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