MHNYSEMiscellaneous PublishingFiscal year ends March 31
McGraw Hill, Inc.
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$13.87−0.11 (-0.79%)
Close on Oct 19, 2026
- Market cap
- $2.65B
- P/E (TTM)
- 27.7
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2023 to 2026
Gross margin
80.9%
Operating margin
13.2%
Net margin
1.7%
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +0.1% | – | – | – | |
| Gross profit | +1.3% | – | – | – | |
| Operating income | -9.8% | – | – | – | |
| Free cash flow | -57.2% | – | – | – |
Returns and balance sheet
4 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2023 | FY2023 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 7.0% | |
| Current ratio | – | – | 0.77 | |
| Debt to equity | – | – | 3.54 | |
| Net debt to EBITDA | – | – | 3.63× | |
| Capex to revenue | – | – | 4.0% | |
| Diluted shares | – | – | 184M |
Cash use needs five years of cash flow figures
McGraw Hill does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin1.7%
×Asset turnover0.37×
×Equity multiplier11.17×
=Return on equity, FY20267.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 1.7% | 0.37× | 11.17× | 7.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
5of 7 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$35.32M
- Cash generatingOperating cash flow above zero$331.17M
- Return on assets improvedROA up on the prior year– → 0.6%
- Earnings backed by cashOperating cash flow above net income$331.17M vs $35.32M
- Less leverageLong-term debt to assets fell55.0% → 46.7%
- Better liquidityCurrent ratio rose0.79 → 0.77
- No dilutionShare count did not rise167M → 184M
- Gross margin improvedGross margin up on the prior year79.90% → 80.92%
- More efficientAsset turnover rose– → 0.37