MH · NYSE · Education & Training Services

McGraw Hill (MH)

Provides curriculum, adaptive courseware, and professional learning tools across education markets.

$13.43
vs last close+0.16 (+1.24%)
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McGraw Hill, Inc.MH
Consumer Discretionary

Sells blended print and digital curriculum, courseware, assessment, adaptive-learning platforms, and medical and engineering reference tools. K–12 and Higher Education generate most revenue, with smaller professional-learning and international education businesses.

Provides curriculum, courseware, assessment, and professional reference tools through four segments: K–12, Higher Education, Global Professional, and International. K–12 sells blended print and digital core, supplemental, and intervention programs directly to U.S. school districts. Higher Education pairs instructional content with Connect, ALEKS, assessment, eBooks, and inclusive-access delivery. Global Professional centers on subscription and print resources for medical and engineering learners, while International adapts U.S.-developed school and college materials for markets abroad.

Combines proprietary content with course management, assessment, analytics, adaptive learning, and regularly updated digital delivery. The United States supplies most revenue; print remains material despite a primarily digital mix. Demand is shaped by state curriculum-adoption cycles, institutional access models, concentrated higher-education distribution, and education-content and student-data rules.

Company facts

CEOPhilip Moyer
ListedJul 24, 2025
ExchangeNYSE
HeadquartersColumbus, OH
CountryUnited States
Employees4,400
CIK0001951070
ISINUS5809071039

Market cap$2.54B
EPS (ttm)$0.4700
P/E (ttm)28.21
ROE12.0%
P/B3.22
P/S1.20
Dividend yieldDiv yield
Beta0.27vs XLY 0.91

Price target$16.00+20.7%Average of 9 analysts
ConsensusBuy8 of 9 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 14, 2026Morgan StanleyReiterate
Rating: Target: $18
Rating: OverweightTarget: $16
Aug 14, 2026BMO CapitalReiterate
Rating: Target: $16
Rating: OutperformTarget: $17
Aug 14, 2026BTIGReiterate
Rating: Target: $19
Rating: BuyTarget: $17
Jul 6, 2026BMO CapitalReiterate
Rating: Target: $19
Rating: OutperformTarget: $16
Jun 12, 2026UBSReiterate
Rating: Target: $17
Rating: NeutralTarget: $14

Next report
Nov 11, 26
in 50 days
EPS estimate
$0.72
Revenue estimate
$629.3M
Fiscal quarter
Q2 FY27

EPSReportedEstimate

Jun '25Aug '25Nov '25Feb '26Jun '26Aug '26Nov '26
Reported−$1.40$0.00$1.40$0.28$0.32$0.59Pending
Estimate$0.39$0.35$0.05$0.17$0.48$0.72
Surprise−99.3%+300.0%+460.0%+92.9%+23.6%

RevenueReportedEstimate

Jun '25Aug '25Nov '25Feb '26Jun '26Aug '26Nov '26
Reported$473.3M$535.7M$669.2M$434.2M$463.7M$549.9MPending
Estimate$642.2M$642.2M$439.9M$439.9M$532.0M$629.3M
Surprise−16.6%+4.2%−1.3%+5.4%+3.4%
Estimate$0.72
ReportedDue Nov 11, 2026
Estimate$629.3M
ReportedDue Nov 11, 2026
View details

Debt to equity336.60%
Current ratio70.80%

ProfitabilityRevenueNet incomeNet margin

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue$688.6M$416.5M$473.3M$535.7M$669.2M$434.2M$463.7M$549.9M
Net income$133.4M−$52.9M−$156.9M$502.0K$105.3M−$20.2M−$50.3M$57.9M
Net margin19.4%0.0%0.0%0.1%15.7%0.0%0.0%10.5%

GrowthOperating income

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Operating income$179.1M$24.2M$27.8M$96.2M$156.5M$30.4M$32.6M$114.3M
YoY growth+24.6%+76.6%Turned profit+27.0%−12.6%+25.8%+17.5%+18.8%

Balance sheet, Jun 30, 2026Cash & short-term investments $193.6M · Total debt $2.65B · Total assets $5.38B · Shareholders' equity $788.4M

Revenue
$549.9M
Operating income
$114.3M
Net income
$57.9M
View details

No dividends on record.

Institutions≈ 101.10%193.42M shares
112 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders0.75%1.43M shares
11 holders · as of Aug 13, 2026
Strategic holders86.33%165.16M shares
1 holder · as of Nov 13, 2025
Adds to188.18%

191.31M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

These groups come from separate filings that can overlap, so they add to 188.18%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Platinum Equity Advisors, LLC/DEInstitution
86.33%165.16Mas of Jun 30, 2026
Platinum Equity, LLC1,2Strategic10 percent owner
86.33%165.16Mfiled Nov 13, 2025
American Century Companies IncInstitution
2.34%4.48Mas of Jun 30, 2026
Blackbarn Capital Partners LPInstitution
1.28%2.45Mas of Jun 30, 2026
BlackRock, Inc.Institution
0.91%1.74Mas of Jun 30, 2026
  1. Platinum Equity, LLC's transaction reports restate only vehicles that traded; the 2025 ownership statement (165.16M) is used instead.
  2. Platinum Equity, LLC reports a block also reported by Platinum Equity Advisors, LLC/DE; it is counted once, under Platinum Equity Advisors, LLC/DE.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 15, 2026Philip D. Moyerdirector, officer: See Remarks+22,421$11.12
Feb 17, 2026Steven Reinemunddirector+58,000$13.70
Nov 14, 2025Steven Reinemunddirector+15,710$15.03
View details

  • Pearson (ADR)

    Broadest public peer across courseware, assessment, and online learning

  • Scholastic

    K-12 classroom-content peer in reading and supplemental curriculum

  • Wiley Class A

    Academic and professional publishing peer in higher-ed learning

  • RELX (ADR)

    Elsevier-backed professional information peer in STM learning

  • Stride

    Digital K-12 and career-learning platform competitor

  • Chegg

    Student study-support platform competing with higher-ed digital tools

  • Coursera

    Online credentials and enterprise-skills platform competitor

Compare

CompanyPriceChange
McGraw Hill$13.43+1.24%$2.54B28.26.81.2+2.7%
Pearson (ADR)$15.95+0.28%$9.55B23.82.0+4.8%
Scholastic$34.86−0.14%$658.5M14.920.20.4−6.3%
Wiley Class A$47.24−0.11%$2.48B12.71.5−2.6%
RELX (ADR)$32.85−1.68%$58.33B20.24.5+1.0%
Stride$78.65−1.07%$3.38B11.110.31.3−2.7%
Chegg$0.7353+2.13%$80.6M0.3−50.7%
Coursera$5.16−0.10%$947.5M6.61.1+59.6%
Median14.910.31.3−2.6%