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McGraw Hill MH Global Professional — Total Adjusted EBITDA

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Other financials

Income statement

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Revenue$463.7M-2.0%
Gross profit$388.9M-1.5%
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$2.22B-10.7%
Enterprise value$4.62B
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

Reported directly by McGraw Hill in its filing.

Tagged under the XBRL concept mh:AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization.

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
Adjusted EBITDA:
K-12$284,964$305,333$291,366
Higher Education389,826350,862290,231
Global Professional45,59745,10543,402
International21,91135,74230,926
Other1,966(10,252)693
Total Adjusted EBITDA$744,264$726,790$656,618

Item 8. Financial Statements and Supplementary Data

FAQ

What is McGraw Hill's global professional — total adjusted EBITDA?
McGraw Hill (MH) reported global professional — total adjusted EBITDA of $11.8M in Q1 2026.
How has McGraw Hill's global professional — total adjusted EBITDA changed year-over-year?
McGraw Hill's global professional — total adjusted EBITDA decreased by 0.2% year-over-year, from $11.82M to $11.8M.
What is the long-term trend for McGraw Hill's global professional — total adjusted EBITDA?
Over 2 years (2024 to 2026), McGraw Hill's global professional — total adjusted EBITDA has grown at a 2.5% compound annual growth rate (CAGR), from $43.4M to $45.6M.
What does global professional — total adjusted EBITDA mean?
This metric represents the segment's operating profitability by excluding interest, taxes, depreciation, amortization, and other non-recurring or non-operational items. It provides a standardized view of the segment's core operational efficiency and cash-generating capability, independent of capital structure or accounting conventions. This is a key performance indicator used to evaluate the segment's underlying business health and margin performance.

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