MH financial statements
The full income statement, balance sheet, and cash-flow statement for McGraw Hill Inc. (MH), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2026 | FY2025 | FY2024 |
|---|---|---|---|---|
| Income Statement | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | |
| Revenue | 2.10B+0.1% | 2.10B+7.2% | 1.96B | |
| Gross profit | 1.70B+1.3% | 1.68B+9.0% | 1.54B | |
| 1.42B+3.8% | 1.37B-0.9% | 1.38B | ||
| Research & development | 276M-2.9% | 284M+8.0% | 263M | |
| Selling, general & administrative | 369M+6.9% | 345M+4.1% | 332M | |
| General & administrative | 369M+6.9% | 345M+4.1% | 332M | |
| Selling & marketing | 379M-0.4% | 380M+1.7% | 374M | |
| Restructuring | 11.2M-54.6% | 24.6M-24.3% | 32.5M | |
| Amortization of intangibles | 224M-6.4% | 239M-6.2% | 255M | |
| Provision for credit losses | 2.31M-16.6% | 2.77M-73.8% | 10.6M | |
| Operating income | 277M-9.8% | 307M+97.6% | 155M | |
| Pre-tax income | 43.8M+311.5% | 10.6M+106.3% | -168M | |
| Income tax | 8.47M-91.2% | 96.5M+281.4% | 25.3M | |
| 35.3M+141.1% | -85.8M+55.5% | -193M | ||
| Net income to common | 35.3M+141.1% | -85.8M+55.5% | -193M | |
| $0.19+136.5% | -$0.52+55.2% | -$1.16 | ||
| EPS (basic) | $0.19+136.5% | -$0.52+55.2% | -$1.16 | |
| Weighted-avg shares (basic) | 183M+10.1% | 167M+0.0% | 167M | |
| Weighted-avg shares (diluted) | 184M+10.2% | 167M+0.0% | 167M | |
| Balance Sheet | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | |
| 974M-7.5% | 1.05B | — | ||
| Cash & equivalents | 254M-35.0% | 390M+91.5% | 204M | |
| Accounts receivable | 362M+7.1% | 338M | — | |
| Inventory | 195M+12.1% | 174M | — | |
| Prepaid expenses | 163M+8.2% | 150M | — | |
| Other current assets | 42.6M-0.2% | 42.7M | — | |
| 5.49B-4.7% | 5.76B | — | ||
| Operating lease right-of-use | 44.8M-9.7% | 49.7M | — | |
| Goodwill | 2.52B-1.4% | 2.56B+0.0% | 2.56B | |
| Deferred tax assets | 8.57M+7.4% | 7.98M | — | |
| Other non-current assets | 332M+4.4% | 318M | — | |
| 1.27B-4.8% | 1.33B | — | ||
| Accounts payable | 127M-13.7% | 147M | — | |
| Deferred revenue | 835M+5.2% | 794M | — | |
| Short-term & current debt | 13.2M+0.0% | 13.2M | — | |
| Current lease liability | 8.37M+4.0% | 8.04M | — | |
| Other current liabilities | 93.1M-45.9% | 172M | — | |
| Finance lease liability (current) | 6.17M+33.3% | 4.63M | — | |
| 4.76B-13.1% | 5.48B | — | ||
| Long-term debt | 2.56B-19.1% | 3.16B | — | |
| Deferred revenue (non-current) | 836M-5.2% | 882M | — | |
| Non-current lease liability | 57.3M-11.5% | 64.7M | — | |
| Operating lease liability (total) | 65.7M | — | — | |
| Finance lease liability (total) | 16.1M | — | — | |
| Finance lease liability | 9.89M+77.3% | 5.58M | — | |
| Deferred tax liabilities | 15.2M-2.8% | 15.7M | — | |
| Other non-current liabilities | 23.5M+17.7% | 20.0M | — | |
| 726M+159.1% | 280M-24.0% | 369M | ||
| Common stock | 1.91M | — | — | |
| Additional paid-in capital | 1.97B+26.3% | 1.56B | — | |
| Retained earnings | -1.25B+2.8% | -1.28B | — | |
| Accumulated other comprehensive income | -2.52M-3.7% | -2.43M | — | |
| Total liabilities & equity | 5.49B-4.7% | 5.76B | — | |
| Common shares issued | 191M | — | — | |
| Common shares outstanding | 191M | — | — | |
| Shares outstanding (cover) | 191M | — | — | |
| Cash Flow | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | |
| 331M-48.8% | 646M+173.7% | 236M | ||
| Depreciation & amortization | 362M-0.1% | 362M-1.1% | 366M | |
| Intangible amortization | 224M-6.4% | 239M-6.2% | 255M | |
| Share-based compensation | 33.7M | 0.00 | 0.00 | |
| Deferred income taxes | -1.05M+28.2% | -1.47M+95.2% | -30.4M | |
| Change in receivables | 22.9M+83.4% | 12.5M-70.8% | 42.8M | |
| Change in inventory | 29.5M+212.0% | -26.3M-3454.5% | 784K | |
| -204M-22.0% | -167M-22.7% | -136M | ||
| Capital expenditure | 84.9M+19.4% | 71.1M-13.3% | 82.0M | |
| Free cash flow | 246M-57.2% | 575M+273.0% | 154M | |
| Acquisitions | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | 0.00 | 0.00-100.0% | 20.5M | |
| -265M+10.1% | -295M-281.5% | -77.2M | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 1.50M | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | |
| Net change in cash | -136M-173.2% | 186M+740.9% | 22.1M | |
| Interest paid | 208M-24.3% | 275M-17.6% | 333M | |
| Income taxes paid | 76.6M+63.2% | 46.9M+7.2% | 43.8M | |
| Valuation Ratios | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | |
| Market cap | 2.62B | — | — | |
| P/E | 74.2× | — | — | |
| P/S | 1.2× | — | — | |
| P/B | 3.6× | — | — | |
| P/FCF | 10.6× | — | — | |
| Earnings yield | 1.3% | — | — | |
| FCF yield | 9.4% | — | — | |
| Source filing | 10-K | 10-K | 10-K |
About this data
Source: MH’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all MH filings on SEC EDGAR → Not investment advice.