Graham Holdings Company (GHC) Earnings History
Annual and quarterly earnings data from 1985 to 2025
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GHC EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
GHC Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 27.6% | 5.1% | 6.0% |
| 2024 | 30.6% | 4.5% | 15.1% |
| 2023 | 29.7% | 1.6% | 4.6% |
| 2022 | 32.3% | 2.1% | 1.7% |
| 2021 | 33.6% | 2.4% | 11.1% |
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Graham Holdings Company (GHC) Earnings Overview
As of May 8, 2026, Graham Holdings Company (GHC) reported trailing twelve-month net income of $298M, reflecting -59.3% year-over-year growth. The company earned $44940.03 per diluted share over the past four quarters, with a net profit margin of 6.0%.
Looking at the long-term picture, GHC's 5-year EPS compound annual growth rate (CAGR) stands at +2.7%, reflecting modest earnings expansion. The company achieved its highest annual net income of $1.29B in fiscal 2014.
Graham Holdings Company maintains positive profitability with a gross margin of 27.6%, operating margin of 5.1%, and net margin of 6.0%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including NYT ($382M net income, 12.2% margin), NWS ($1.05B net income, 5.5% margin), SSP (-$101M net income, -4.7% margin), GHC has room to improve margins relative to the peer group. Compare GHC vs NYT →
GHC Earnings vs Peers
Earnings metrics vs comparable public companies
GHC Historical Earnings Data (1985–2025)
40 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $292M | -59.7% | $252M | $66.47 | 6.0% | 5.1% |
| 2024 | $725M | +253.0% | $216M | $163.40 | 15.1% | 4.5% |
| 2023 | $205M | +206.0% | $69M | $43.82 | 4.6% | 1.6% |
| 2022 | $67M | -80.9% | $84M | $13.79 | 1.7% | 2.1% |
| 2021 | $352M | +17.2% | $77M | $70.46 | 11.1% | 2.4% |
| 2020 | $300M | -8.4% | $100M | $58.13 | 10.4% | 3.5% |
| 2019 | $328M | +20.9% | $145M | $61.21 | 11.2% | 4.9% |
| 2018 | $271M | -10.2% | $246M | $50.50 | 10.1% | 9.1% |
| 2017 | $302M | +79.2% | $136M | $53.89 | 11.7% | 5.3% |
| 2016 | $169M | +267.5% | $223M | $29.80 | 6.8% | 9.0% |
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Start ComparisonGHC — Frequently Asked Questions
Quick answers to the most common questions about buying GHC stock.
Is GHC growing earnings?
GHC EPS fell to $44940.03, with earnings declining -59.3%. This contrasts with the 5-year CAGR of +2.7%. TTM net income dropped to $298M.
What are GHC's profit margins?
Graham Holdings Company net margin is +6.0%, with operating margin at +5.1%. Margins sit within typical range for the sector.
How consistent are GHC's earnings?
GHC earnings data spans 1985-2025. The declining earnings trend is -59.3% YoY. Historical data enables comparison across business cycles.