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McGraw Hill MH Gross Profit

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Other financials

Income statement

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Revenue$463.7M-2.0%
Operating income--100%
Net income-$20.2M+61.8%
EPS (diluted)-$0.11+65.6%

Balance sheet

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Cash & equivalents$253.5M-35.0%
Total debt$2.7B-18.6%
Total equity$726.2M+159%
Total assets$5.5B-4.7%

Cash flow

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Operating cash flow$309.0M+12.3%
CapEx$23.8M-16.2%
Free cash flow$285.4M+9.2%

Valuation

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Market cap$2.21B-12.3%
Enterprise value$4.61B
P/S1.1×

Profitability

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Gross margin80.9%+1.0pp
Operating margin13.5%-1.1pp
Net margin-3.4%-4.4pp
FCF margin32.3%

Returns & leverage

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Return on equity-11.8%
Debt / equity3.7×-8.0×
Current ratio0.8×0.0×

Where this comes from

Calculated from McGraw Hill’s reported figures.

The source filing: McGraw Hill’s 10-K, filed June 11, 2026.

Filed
Jun 11, 2026, 7:16 AM EDT
Fiscal year
FY2026
Accession
0001951070-26-000022
Line itemYear Ended March 31, 2026Year Ended March 31, 2025Year Ended March 31, 2024
Revenue$2,102,781$2,101,299$1,960,478
Cost of sales (excluding depreciation and amortization)401,139422,294420,331
Gross profit1,701,6421,679,0051,540,147
Operating expenses
Operating and administrative expenses1,080,2501,066,4961,027,427
Depreciation81,98566,68852,985
Amortization of intangibles223,627239,014254,937
Impairment charge39,00049,500

Item 8. Financial Statements and Supplementary Data

FAQ

What is McGraw Hill's gross profit?
McGraw Hill (MH) reported gross profit of $388.89M in Q1 2026.
How has McGraw Hill's gross profit changed year-over-year?
McGraw Hill's gross profit decreased by 1.5% year-over-year, from $394.87M to $388.89M.
What is the long-term trend for McGraw Hill's gross profit?
Over 2 years (2024 to 2026), McGraw Hill's gross profit has grown at a 5.1% compound annual growth rate (CAGR), from $1.54B to $1.7B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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