McGraw Hill, Inc.

MH Consumer Defensive Education & Training Services

McGraw Hill, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $2.1 billion, roughly unchanged from fiscal 2025.

Revenue
−5.53%
EPS
−21.1%
Free cash flow
−56.1%
Total debt
−10.1%

Quarter to September 2026, against a year earlier

11.24 1.52 −11.91%
Market cap
$2.2B
P/E
29.6×
Fwd P/E
13.6×
Dividend yield
—
F-score
n/a
Altman Z
0.48
Beneish M
−2.64
Dividend safety
n/a

McGraw Hill, Inc. (MH) Gross margin

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McGraw Hill, Inc.'s gross margin over the twelve months to 30 September 2026 was 81.7%, up 0.8 percentage points from fiscal 2026 (80.9%). That is above the Education & Training Services industry median of 55.0% and above the Consumer Defensive sector median of 34.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 80.9% 1.02
FY2025 79.9% 1.34
FY2024 78.6% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 79.2% (0.71)
Jun 2026 79.9% (3.99)
Mar 2026 83.9% (1.43)
Dec 2025 85.3% 6.07
6 more quarters

Gross margin against peers

Company Gross margin
MH McGraw Hill, Inc. 81.7%
CVSA Covista Inc. compare 57.4%
TAL TAL Education Group compare 56.9%
STRA Strategic Education Inc. compare 49.2%
LRN Stride, Inc. compare 37.4%
LAUR Laureate Education compare 28.6%
LOPE Grand Canyon Education, Inc. compare 0.00%
PRDO Perdoceo Education Corporation compare 0.00%
XXI Twenty One Capital, Inc. compare —
Education & Training Services industry median 55.0%
Consumer Defensive sector median 34.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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