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) Operating margin

Alert me on Operating margin

McGraw Hill, Inc.'s operating margin over the twelve months to 30 September 2026 was 13.4%, up 0.3 percentage points from fiscal 2026 (13.2%). That is above the Education & Training Services industry median of 0.00% and above the Consumer Defensive sector median of 1.70%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 13.2% (1.44)
FY2025 14.6% 6.68
FY2024 7.92% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 22.3% 1.53
Jun 2026 20.8% 22.15
Mar 2026 −1.37% (8.37)
Dec 2025 7.00% (16.39)
6 more quarters

Operating margin against peers

Company Operating margin
LOPE Grand Canyon Education, Inc. compare 27.3%
LAUR Laureate Education compare 25.8%
PRDO Perdoceo Education Corporation compare 24.9%
CVSA Covista Inc. compare 19.8%
LRN Stride, Inc. compare 18.4%
TAL TAL Education Group compare 16.2%
MH McGraw Hill, Inc. 13.4%
STRA Strategic Education Inc. compare 4.31%
XXI Twenty One Capital, Inc. compare 0.00%
Education & Training Services industry median 0.00%
Consumer Defensive sector median 1.70%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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