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Equiscale · Syntellia LLC
McGraw Hill, Inc., doing business as McGraw Hill, provides information solutions for K-12, higher education, and professional markets in the United States and internationally. It operates through K-12, Higher Education, Global Professional, and International segments. The K-12 segment provides core, supplemental, and intervention curricula to support the needs of the K-12 schools. It sells blended digital and print learning solutions directly to school districts across the United States. The Higher Education segment offers students, instructors, and institutions with adaptive digital learning solutions and content, and instructional materials. Its solutions are used by students enrolled in non-profit colleges and universities, as well as for-profit institutions. This segment sells its higher education solutions to online retailers and distribution partners, as well as sells directly to student through its proprietary e-commerce platform. The Global Professional segment provides students, institutions, and professionals with comprehensive medical and engineering learning solutions. This segment sells digital learning solutions and print materials accessible through a range of mediums for learners and customers. The International segment offers digital and print solutions in approximately 100 countries and 80 languages outside of the United States. This segment, through its distribution network, serve the needs of learners and educators with K-12 and higher education solutions. McGraw Hill, Inc. was formerly known as Mav Holding Corporation and changed its name to McGraw Hill, Inc. in October 2022. The company was founded in 1888 and is headquartered in Columbus, Ohio. McGraw Hill, Inc. operates as a subsidiary of Pe Mav Holdings, Llc.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.1B | $669M | $-86M | $485M | -30.6% | 7.2% | -55.5% |
| 2024 | $2.0B | $571M | $-193M | $80M | -52.3% | 0.7% | -52.2% |
| 2023 | $1.9B | $496M | $-404M | $116M | -72.4% | 8.8% | -40.1% |
| 2022 | $1.8B | $336M | $-674M | - | -71.1% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 1,790.22 | 1,947.77 | 1,960.48 | 2,101.30 |
| Operating Revenue | 1,790.22 | 1,947.77 | 1,960.48 | 2,101.30 |
| Cost Of Revenue | 418.52 | 464.56 | 420.33 | 422.29 |
| Gross Profit | 1,371.70 | 1,483.22 | 1,540.15 | 1,679 |
| Operating Expense | 1,315.93 | 1,359.39 | 1,335.35 | 1,372.20 |
| Research And Development | - | 278.10 | 263.42 | 284.43 |
| Selling General And Administration | 1,036.01 | 709.41 | 705.55 | 725.41 |
| Total Expenses | 1,734.45 | 1,823.94 | 1,755.68 | 1,794.49 |
| Operating Income | 55.77 | 123.83 | 204.80 | 306.81 |
| Total Operating Income As Reported | -435.90 | -188.17 | 155.30 | 306.81 |
| EBITDA | 335.69 | 495.71 | 571.18 | 669.16 |
| Normalized EBITDA | 899.65 | 795.16 | 617.26 | 671.88 |
| EBIT | 55.77 | 123.83 | 204.80 | 306.81 |
| Net Interest Income | -214.62 | -278.22 | -326.44 | -293.45 |
| Other Non Operating Income Expenses | 3.50 | - | - | - |
| Other Income Expense | -563.96 | -299.45 | -46.08 | -2.72 |
| Net Non Operating Interest Income Expense | -214.62 | -278.22 | -326.44 | -293.45 |
| Pretax Income | -722.82 | -453.84 | -167.72 | 10.64 |
| Tax Provision | -48.56 | -49.73 | 25.29 | 96.48 |
| Tax Rate For Calcs | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | -37.89 | -32.94 | -9.68 | -0.57 |
| Net Income Continuous Operations | -674.25 | -404.10 | -193.02 | -85.84 |
| Net Income From Continuing And Discontinued Operation | -674.25 | -404.10 | -193.02 | -85.84 |
| Net Income From Continuing Operation Net Minority Interest | -674.25 | -404.10 | -193.02 | -85.84 |
| Net Income | -674.25 | -404.10 | -193.02 | -85.84 |
| Net Income Common Stockholders | -674.25 | -404.10 | -193.02 | -85.84 |
| Net Income Including Noncontrolling Interests | -674.25 | -404.10 | -193.02 | -85.84 |
| Normalized Income | -148.18 | -137.60 | -156.61 | -83.69 |
| Diluted NI Availto Com Stockholders | -674.25 | -404.10 | -193.02 | -85.84 |
| Basic Average Shares | 191 | 191 | 191 | 191 |
| Diluted Average Shares | 191 | 191 | 191 | 191 |
| Reconciled Depreciation | 279.92 | 371.88 | 366.38 | 362.36 |
| Reconciled Cost Of Revenue | 418.52 | 464.56 | 420.33 | 422.29 |
| Total Unusual Items | -563.96 | -299.45 | -46.08 | -2.72 |
| Total Unusual Items Excluding Goodwill | -563.96 | -299.45 | -46.08 | -2.72 |
| Special Income Charges | -563.96 | -299.45 | -46.08 | -2.72 |
| Other Special Charges | 72.30 | -12.55 | -3.42 | 2.72 |
| Impairment Of Capital Assets | 405 | 312 | 49.50 | 0 |
| Restructuring And Mergern Acquisition | 86.66 | 0 | 0 | - |
| Depreciation Amortization Depletion Income Statement | 279.92 | 371.88 | 366.38 | 362.36 |
| Depreciation And Amortization In Income Statement | 279.92 | 371.88 | 366.38 | 362.36 |
| General And Administrative Expense | 1,036.01 | 341.47 | 331.67 | 345.21 |
| Other Gand A | 1,036.01 | 341.47 | 331.67 | 345.21 |
| Total Other Finance Cost | 214.62 | 278.22 | 326.44 | 293.45 |
| Selling And Marketing Expense | - | 367.93 | 373.88 | 380.20 |
| Amortization | 245.40 | 327.33 | 313.40 | 295.67 |
| Amortization Of Intangibles Income Statement | 245.40 | 327.33 | 313.40 | 295.67 |
| Depreciation Income Statement | 34.52 | 44.56 | 52.98 | 66.69 |
Consumer Defensive sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| McGraw Hill, Inc.this co. | MH | $2.3B | -26.75 | 8.19 | -30.6% | 7.71 |
| The Marzetti Company | MZTI | $2.9B | 17.49 | 2.92 | 16.7% | 9.78 |
| Universal Technical Institute, Inc. | UTI | $2.5B | 39.23 | 7.53 | 19.2% | 17.89 |
| Spectrum Brands Holdings, Inc. | SPB | $1.9B | 18.97 | 0.99 | 5.2% | 11.27 |
| Weis Markets, Inc. | WMK | $1.9B |
| 19.99 |
| 1.39 |
| 6.9% |
| 8.08 |
| Strategic Education, Inc. | STRA | $1.8B | 14.46 | 1.11 | 7.7% | 7.33 |
| Turning Point Brands, Inc. | TPB | $1.7B | 29.19 | 4.79 | 16.4% | 15.39 |
| Ingles Markets, Incorporated | IMKTA | $1.7B | 19.80 | 1.02 | 5.2% | 7.26 |
| Newell Brands Inc. | NWL | $1.6B | -5.73 | 0.68 | -11.9% | 20.08 |
| Peer Median | - | 19.38 | 1.25 | 7.3% | 10.53 | |
Historically, Nov has averaged the highest return (+57.3%); Jun the lowest (-21.3%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -10.6%Negative MonthJan 2026: -10.61% | -5.1%Negative MonthFeb 2026: -5.08% | -2.1%Negative MonthMar 2026: -2.14% | -11.8%Negative MonthApr 2026: -11.75% | -0.4%Neutral MonthMay 2026: -0.41% | -21.3%Negative MonthJun 2026: -21.35% | +15.7%Positive MonthJul 2026: +15.73% | +20.4%*Positive MonthAug 2026: +20.44% | — | — | — | — |
| 2025 | — | — | — | — | — | — | — | -9.8%Negative MonthAug 2025: -9.76% | -13.6%Negative MonthSep 2025: -13.57% | -11.1%Negative MonthOct 2025: -11.08% | +57.3%Positive MonthNov 2025: +57.26% | -6.0%Negative MonthDec 2025: -5.98% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 2 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
