McGraw Hill, Inc. (MH)

McGraw Hill Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	2,101	1,960	1,948	1,790	1,545
Revenue Growth (YoY)	7.18%	0.65%	8.80%	15.89%	-2.53%
Cost of Revenue	422.29	420.33	464.56	369.06	336.54
Gross Profit	1,679	1,540	1,483	1,421	1,208
Selling, General & Admin	1,039	986.67	1,002	1,016	809.08
Operating Expenses	1,345	1,295	1,317	1,256	929.11
Operating Income	334.42	245.55	166.54	165.35	279.06
Interest Expense	-293.45	-326.44	-278.22	-216.61	-193.32
Other Non Operating Income (Expenses)	-	-	-	3.5	-
EBT Excluding Unusual Items	40.97	-80.89	-111.68	-47.76	85.74
Merger & Restructuring Charges	-27.61	-40.75	-42.71	-111.23	-29.55
Impairment of Goodwill	-	-40.5	-258	-	-
Asset Writedown	-	-9	-54	-405	-
Legal Settlements	-	-	8	-	-
Other Unusual Items	-2.72	3.42	4.55	-75.8	2.77
Pretax Income	10.64	-167.73	-453.84	-639.79	58.96
Income Tax Expense	96.48	25.29	-49.73	-20.42	14.21
Earnings From Continuing Operations	-85.84	-193.02	-404.1	-619.38	44.75
Net Income	-85.84	-193.02	-404.1	-619.38	44.75
Net Income to Common	-85.84	-193.02	-404.1	-619.38	44.75
Shares Outstanding (Basic)	156	156	156	107	11
Shares Outstanding (Diluted)	156	156	156	107	11
Shares Change (YoY)	-	0.02%	45.82%	883.49%	1.00%
EPS (Basic)	-0.55	-1.23	-2.58	-5.78	4.12
EPS (Diluted)	-0.55	-1.23	-2.58	-5.78	4.11
Free Cash Flow	575.22	154.2	186.58	175.04	363.45
Free Cash Flow Per Share	3.68	0.99	1.19	1.63	33.34
Gross Margin	79.90%	78.56%	76.15%	79.38%	78.21%
Operating Margin	15.92%	12.53%	8.55%	9.24%	18.07%
Profit Margin	-4.08%	-9.85%	-20.75%	-34.60%	2.90%
Free Cash Flow Margin	27.38%	7.87%	9.58%	9.78%	23.53%
EBITDA	590.22	527.72	465.05	390.99	363.74
EBITDA Margin	28.09%	26.92%	23.88%	21.84%	23.55%
D&A For EBITDA	255.8	282.17	298.51	225.64	84.68
EBIT	334.42	245.55	166.54	165.35	279.06
EBIT Margin	15.92%	12.53%	8.55%	9.24%	18.07%
Effective Tax Rate	906.61%	-	-	-	24.10%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q