McGraw Hill, Inc. (MH) quarterly cash flow statement — complete operating, investing & financing history
McGraw Hill, Inc. (MH) cash flow statement — 11-year operating, investing & financing cash flows
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q1'25 | Q4'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Cash from Operations | 601K | -146.12M | 308.97M | 264.98M | -96.65M | -41.19M | 275.01M | -2.9M | -101.19M | -86.2M | -73.26M | 216.77M | 204.32M | -91.21M | -115.42M | -15.24M | -14.75M | 189.66M | 252.05M | -31.58M |
| Operating CF Margin % | 0.11% | -31.51% | 71.16% | 39.6% | -18.04% | -8.7% | 66.03% | -0.55% | -24.13% | -17.2% | -18.28% | 53.25% | 32.5% | -17.85% | -31.72% | -3.48% | -4.58% | 52.32% | 48.17% | -9.37% |
| Operating CF Growth % | 100.62% | -254.8% | 12.35% | - | -3238.58% | 59.3% | - | 96.64% | -38.11% | 5.49% | 36.53% | - | - | -498.44% | -682.69% | 51.74% | 88.7% | 12.84% | -11.4% | 45.97% |
| Net Income | 57.86M | -50.27M | -20.2M | 105.28M | 502K | -156.87M | -52.93M | -9.45M | -145.86M | -31.76M | -107.22M | -312.24M | 24.61M | -9.26M | -509.22M | 84.09M | -73.35M | 17.89M | 103.46M | -3.25M |
| Depreciation & Amortization | 69.85M | 85.57M | 27.12M | 92.82M | 87.85M | 87.09M | 89.79M | 88.88M | 90.21M | 103.71M | 101.61M | 99.26M | 119.32M | 99.92M | 124.23M | 49.9M | 60.65M | 53.85M | 69.61M | 51.75M |
| Stock-Based Compensation | 3.88M | 1.99M | 31.74M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -81.78M | 85M | 3.27M | 1.42M | 1.47M | 1.11M |
| Deferred Taxes | 255K | -1.9M | -97K | 78K | 864K | -286K | -567K | -403K | -7.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 66.42M | 63.2M | 62.1M | 88.19M | 47.91M | 35.09M | 22.58M | 53.11M | 72.95M | -65.41M | -11.05M | 104.76M | 389.36M | 16.04M | 453.18M | -148.37M | -22.35M | -72.95M | 272.1M | 11.14M |
| Working Capital Changes | -197.66M | -244.71M | 208.31M | -21.39M | -233.78M | -6.22M | 216.13M | -135.03M | -111.39M | -92.74M | -56.61M | 325M | -328.97M | -197.91M | -101.84M | -85.87M | 17.04M | 189.44M | -194.6M | -92.33M |
| Change in Receivables | -18.04M | -123.53M | 425M | -219.08M | -105.29M | -12.06M | 367.16M | -193.17M | -52.9M | -102.75M | 63.89M | 360.63M | -255.23M | -221.63M | 43.19M | -95.14M | 57.28M | 217.25M | -197.15M | -61.12M |
| Change in Inventory | 7.86M | -26.34M | -36.66M | 22.98M | 10.54M | -25.7M | -9.16M | 25.82M | -7.64M | 1.98M | -46.7M | -45.68M | 4.5M | 2.26M | -44.06M | -5.25M | -7.53M | 28K | 22.11M | -18.77M |
| Change in Payables | -63.57M | 0 | 14.37M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -58.29M | -66.14M | -51.16M | -47.48M | -39.07M | -63.97M | -35.62M | -34.89M | -40.67M | -11.78M | -46.34M | -55.66M | -32.85M | -27.48M | 6.16M | -28.1M | -34.96M | -26.27M | -29.29M | -22.67M |
| Capital Expenditures | -23.93M | -23.82M | 25.52M | -21.2M | -16.28M | -57.97M | -35.62M | -15.92M | -40.67M | -17.14M | -22.89M | -17.21M | -16.35M | -13.6M | -9.14M | -8.93M | -6.37M | -8.48M | -9.9M | -7.17M |
| CapEx % of Revenue | 4.35% | 5.14% | 5.88% | 3.17% | 3.04% | 12.25% | 8.55% | 3.04% | 9.7% | 3.42% | 5.71% | 4.23% | 2.6% | 2.66% | 2.51% | 2.04% | 1.98% | 2.34% | 1.89% | 2.13% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -21.76M | 0 | 0 | 0 | -7.8M | -5.2M | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -34.36M | -42.32M | -76.68M | -26.29M | -22.79M | -6M | 0 | -18.97M | 0 | 5.36M | -23.45M | -16.69M | -16.5M | -13.88M | 15.3M | -11.36M | -23.38M | -17.8M | -19.39M | -15.49M |
| Cash from Financing | -3.15M | -49.2M | -207.31M | -969K | -7.38M | -54.78M | -105.6M | -8.24M | -8.44M | 21.82M | -53.21M | -8.08M | -134.72M | -8.56M | -15.26M | 16.8M | -86.51M | -34.72M | -32.78M | 42.36M |
| Debt Issued (Net) | -3.29M | -50.7M | -205.46M | -391.02M | -5.01M | -54.78M | -105.6M | -8.24M | -8.44M | 21.82M | 0 | 0 | 0 | -8.56M | -15.26M | 16.8M | -69.81M | -32.59M | -31.77M | 42.36M |
| Equity Issued (Net) | 1.83M | 1.5M | -1.85M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -1.68M | 0 | 0 | 390.05M | -2.37M | 0 | 0 | 0 | 0 | 0 | -53.21M | -8.08M | -134.72M | 0 | 0 | 0 | -16.7M | -2.13M | -1M | 0 |
| Net Change in Cash | -59.88M | -260.87M | 51.2M | 215.86M | -142.5M | -159.15M | 133M | -45.6M | -149.89M | -74.54M | -173.07M | 147.48M | 40.95M | -130.26M | -125.5M | -27.39M | -133.58M | 127.51M | 183.67M | -10.21M |
| Free Cash Flow | -23.33M | -169.95M | 308.19M | 243.79M | -112.94M | -99.15M | 239.39M | -18.81M | -141.85M | -103.34M | -96.15M | 199.56M | 187.97M | -104.81M | -124.57M | -24.17M | -21.12M | 181.18M | 242.14M | -38.75M |
| FCF Margin % | -4.24% | -36.65% | 70.99% | 36.43% | -21.08% | -20.95% | 57.48% | -3.6% | -33.83% | -20.62% | -23.99% | 49.02% | 29.9% | -20.51% | -34.23% | -5.52% | -6.56% | 49.98% | 46.28% | -11.5% |
| FCF Growth % | 79.34% | -71.4% | 28.74% | - | -500.27% | 30.1% | - | 81.79% | -47.53% | 1.4% | 22.81% | - | - | -333.53% | -489.83% | 37.62% | 85% | 27.85% | -6.74% | 45.29% |
| FCF per Share | -0.12 | -0.91 | 1.61 | 1.28 | -0.68 | -0.52 | 1.25 | -0.10 | -0.74 | -0.62 | -0.58 | 1.20 | 1.13 | -0.63 | -0.75 | -0.21 | -1.82 | 16.68 | 22.29 | -3.57 |
| FCF Conversion (FCF/Net Income) | 0.01x | 2.91x | -15.30x | 2.52x | -192.53x | 0.26x | -5.20x | 0.31x | 0.69x | 2.71x | 0.68x | -0.69x | 8.30x | 9.85x | 0.23x | -0.18x | 0.20x | 10.60x | 2.44x | 9.70x |
| Interest Paid | 9.46M | 83.25M | 11.44M | 90.83M | 22.41M | 101.34M | 28.16M | 53.75M | 103.62M | 62.68M | 97.4M | 44.45M | 85.36M | 30.49M | 74.28M | 24.93M | 32.1M | 39.67M | 23.96M | 50.85M |
| Taxes Paid | -3.51M | 0 | 2.81M | 14.21M | 56.81M | 13.52M | 6.69M | 8.05M | 12.69M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |