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GHCGraham Holdings Company
$1147.27$5.0B
Overview & Tools
OverviewChart Terminal ↗Visualize
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GHC logo

Graham Holdings Company

GHC
NYSE · Education & Training
$1147.27
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$4.97B
P/E17.3x
52W High$1262.35
Volume33.07K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Diversified Conglomerate Balances Growth with Earnings Volatility

Graham Holdings presents a diversified industrial and education portfolio with steady revenue growth of 7.1% in 2026Q2, yet its earnings quality is undermined by significant non-operating volatility, as evidenced by net income swinging from $548.8M in 2024Q4 t...

GrowthStable
ProfitabilityStable
ValuationAttractive
TechnicalsMixed
Explore valuation models
MARKET ACTION

GHC price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

9/12 Beats

EPS beat 9 of last 12 quarters

02

Valuation risk

-38% Peers

P/E is 38% below peer median

03

Market leadership

RS 55 · Avg

Average momentum (RS Rating: 55)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Oct 30

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
GHC+6.04%
S&P 500 (^GSPC)+12.39%
1-Year Return
GHC-0.90%
S&P 500 (^GSPC)+15.77%
3-Year Return
GHC+101.53%
S&P 500 (^GSPC)+79.10%
5-Year Return
GHC+99.54%
S&P 500 (^GSPC)+69.84%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
17.3x
Forward P/EExpansion
16.6x
EV/EBITDA100th %ile
15.2x
FCF YieldCash Flow
5.4%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
17.3x
15.9x
80th· High
EV/EBITDA
15.2x
11.6x
100th· High
Price/FCF
18.6x
19.1x
40th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$753.55-34.3%
Base (Fair)$1461.17+27.8%
Bull$2341.59+104.1%
$753.55 Bear$1461.17 Base$2341.59 Bull
Current Market Price: $1147.27
Trades at a 21.5% discount to Base DCF ($1461.17)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$4.91B+2.5% YoY
Net income
$292M-59.7% YoY
Free cash flow
$268M-17.4% YoY
Operating margin
5.1%+0.6 pts YoY
ROIC (TTM)3.3%
Avg ROIC 5Y-
ROE (TTM)6.4%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate9/12 (75%)
Revenue Beat Rate5/12 (42%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 30, 2026
$19.46+31.2%
vs $14.83
$1.3B+1.5%
vs $1.3B
Q2 2026
Apr 30, 2026
$16.79+28.1%
vs $13.11
$1.2B-1.7%
vs $1.3B
Q1 2026
Feb 25, 2026
$11.45-18.5%
vs $14.05
$1.3B-3.8%
vs $1.3B
Q4 2025
Oct 29, 2025
$14.08+25.4%
vs $11.23
$1.3B+4.5%
vs $1.2B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Seeking Alpha·Sep 12, 2026
Graham Value All-Stars (GVAS) Emit 10 Brilliant September Buys

The September GVAS portfolio highlights 10 ideal, fair-priced large-cap value stocks with strong dividend yields and positive free cash flow margins. Top GVAS dogs are projected to deliver average net gains of 36.8% by September 2027, with risk/volatility 46% below the market. Analyst targets suggest the five lowest-priced, highest-yield GVAS stocks could outperform the broader top ten by 5.12% over the next year.

Business Wire·Sep 10, 2026
Graham Holdings Company Declares Regular Quarterly Dividend

ARLINGTON, Va.--(BUSINESS WIRE)--Graham Holdings Company (NYSE: GHC) today declared a regular quarterly dividend of $1.88 per share, payable on November 5, 2026, to shareholders of record on October 15, 2026.

Zacks Investment Research·Aug 12, 2026
Is the Options Market Predicting a Spike in Graham Stock?

Investors need to pay close attention to GHM stock based on the movements in the options market lately.

Business Wire·Aug 10, 2026
Graham Corporation Announces Leadership Addition to Support Growth Phase

BATAVIA, N.Y.--(BUSINESS WIRE)--Graham Corporation (NYSE: GHM) (“GHM” or the “Company”), a global leader in the design and manufacture of mission critical fluid, power, heat transfer, vacuum, and advanced mixing technologies for the Defense, Space, Energy & Process industries, today announced the appointment of Rich Scholes as Chief Growth and Enablement Officer. In this newly created role, Mr. Scholes will lead Graham's growth strategy and enterprise enablement, strengthening customer alig.

Filtered for Graham Holdings CompanyMore Headlines
04

Compare before deciding

Benchmark GHC against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Graham Holdings Company (GHC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
GHC logoGHCGraham Holdings CompanyCurrent
$1147.27$4.97B17.262.52%5.95%6.36%0.63%
NYT logoNYTThe New York Times Company
$61.89$10.05B29.619.24%13.19%19.47%—
NWS logoNWSNews Corporation
$31.22$17.09B30.316.82%6.35%6.15%—
SSP logoSSPThe E.W. Scripps Company
$3.02$240.42M-1.62-14.31%-58.81%-127.81%—
GTN logoGTNGray Media, Inc.
$4.58$447.29M-5.20-15.07%-0.83%-0.94%—
LAUR logoLAURLaureate Education, Inc.
$36.72$5.14B19.438.64%17.57%28.6%—

Compare GHC vs Peers

Graham Holdings Company (GHC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NYT

Most directly comparable listed peer for GHC.

Scale Benchmark

vs GOOGL

Larger-name benchmark to compare GHC against a more recognizable public peer.

Peer Set

Compare Top 5

vs NYT, NWS, SSP, GTN

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

GHC SEC Filings & Documents

Graham Holdings Company (GHC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 30, 2026·SEC

Material company update

May 5, 2026·SEC

Material company update

May 1, 2026·SEC

10-K Annual Reports

4
FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 26, 2025·SEC

FY 2024

Feb 23, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 30, 2026·SEC

FY 2026

Apr 30, 2026·SEC

FY 2025

Oct 29, 2025·SEC

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GHC Frequently Asked Questions

Graham Holdings Company (GHC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Graham Holdings Company's revenue?

Graham Holdings Company (GHC) reported $5.07B in revenue for fiscal year 2025. This represents a 173% increase from $1.85B in 1996.

How fast is Graham Holdings Company growing?

Graham Holdings Company (GHC) grew revenue by 2.5% over the past year. Growth has been modest.

Is GHC profitable?

Yes, Graham Holdings Company (GHC) is profitable, generating $541.9M in net income for fiscal year 2025 (6.0% net margin).

Dividend & Returns
Does GHC pay dividends?

Yes, Graham Holdings Company (GHC) pays a dividend with a yield of 0.63%. This makes it attractive for income-focused investors.

What is GHC's return on equity?

Graham Holdings Company (GHC) has a return on equity (ROE) of 6.4%. This is below average, suggesting room for improvement.

What is Graham Holdings Company's free cash flow?

Graham Holdings Company (GHC) generated $288.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in GHC back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →