McGraw Hill(NYSE) MH

McGraw Hill creates learning materials for students and teachers from kindergarten through college. It helps schools and professionals access digital lessons and textbooks. These tools support classrooms in the United States and 100 other countries.

What’s in the Lesson Plan?

• K-12 Curricula: Core and supplemental digital and print lessons sold directly to school districts in the United States.
• Higher Education: Adaptive digital learning tools and content for students at two- and four-year colleges and universities.
• Global Professional: Comprehensive medical and engineering learning solutions for students, institutions, and working professionals.
• International Division: Educational products offered in 80 languages through an expansive global distribution network.

Milestones and Market Moves

• Public Listing: Completed an initial public offering in July 2025, selling over 24 million shares of common stock.
• Debt Reduction: Repaid $385.7 million of its term loan facility using proceeds from the July 2025 public offering.
• Strategic Payments: Paid down an additional $200 million of debt in late 2025 to further reduce interest obligations.
• Tax Credit Purchase: Acquired $52.9 million in federal tax credits in May 2025 to offset income tax liabilities.
• Identity Shift: Changed its legal name from Mav Holding Corporation to McGraw Hill, Inc. in October 2022.

A Worldwide Digital Network

The company maintains a global presence by distributing adapted U.S. educational content to more than 100 countries. It operates a proprietary e-commerce platform to sell learning materials directly to students and instructors.

The Latest Fiscal Figures

• Revenue was $434.2 million in Q3 2026, up 4.2% from $416.5 million in Q3 2025.
• Operating income reached $30.4 million in Q3 2026, up 25.8% from the previous year.
• Net loss narrowed to $20.2 million in Q3 2026, an improvement from $52.9 million in Q3 2025.
• Free cash flow hit $308.2 million in Q3 2026, up 28.7% year-over-year.
• Long-term debt fell to $2.6 billion by December 2025, down from $3.2 billion in March 2025.

Evolution and Transition

McGraw Hill has shifted from traditional print publishing to providing digital and adaptive learning solutions. Its recent transition to a public company and aggressive debt reduction have reshaped its corporate financial structure.