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MH MH Higher Education — Total Adjusted EBITDA

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GHCEducation — EBIDTAP
$53.19M+13.7%

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$1.81B
Enterprise value$4.22B
P/S0.9×

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 MH in its filing.

Tagged under the XBRL concept mh:AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization.

The official record: MH’s 10-K, filed June 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MH's higher education — total adjusted EBITDA?
MH (MH) reported higher education — total adjusted EBITDA of $115.26M in Q1 2026.
How has MH's higher education — total adjusted EBITDA changed year-over-year?
MH's higher education — total adjusted EBITDA decreased by 2.4% year-over-year, from $118.05M to $115.26M.
What is the long-term trend for MH's higher education — total adjusted EBITDA?
Over 2 years (2024 to 2026), MH's higher education — total adjusted EBITDA has grown at a 15.9% compound annual growth rate (CAGR), from $290.23M to $389.83M.
What does higher education — total adjusted EBITDA mean?
This metric measures the operational profitability of the Higher Education segment by excluding interest, taxes, depreciation, amortization, and other non-recurring or non-cash items. It provides a normalized view of the segment's core earnings power and operational efficiency in delivering educational content. Investors use this figure to evaluate the segment's ability to generate cash flow from its primary business activities independent of capital structure or accounting adjustments.