Graham profit margin GHC
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 10.7%
- Operating margin, 12 months
- 5.1%
- Net margin on a year earlier
- −3.4 pts
- Peer median
- 12.9%
Over the twelve months to Jun 30, 2026, Graham kept 10.7% of its revenue as net profit, with an operating margin of 5.1% and a gross margin of 29.9%.
Five years earlier its net margin was 18.0%.
The median for 9 education and Training Services stocks of a similar size is 12.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 6.0% | 4.8% | 29.9% |
| FY2024 | 15.1% | 4.5% | 30.6% |
| FY2023 | 4.6% | 1.6% | 29.7% |
| FY2022 | 1.7% | 2.1% | 32.3% |
| FY2021 | 11.1% | 2.4% | 33.6% |
| FY2020 | 10.4% | 3.5% | 33.8% |
| FY2019 | 11.2% | 4.9% | 33.6% |
| FY2018 | 10.1% | 9.1% | n/a |
| FY2017 | 11.7% | 5.3% | n/a |
| FY2016 | 6.8% | 12.2% | n/a |
| FY2015 | −3.9% | −3.1% | n/a |
| FY2014 | 47.3% | 8.5% | n/a |
| FY2013 | 7.0% | 9.4% | n/a |
| FY2012 | 3.8% | 5.2% | n/a |
| FY2011 | 2.8% | 7.9% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 10.7% | −3.4 pts | 5.1% | |
| Q1 FY26 | 6.0% | −7.0 pts | 4.9% | |
| Q4 FY25 | 6.0% | −9.2 pts | 4.8% | |
| Q3 FY25 | 14.9% | +10.1 pts | 5.3% | |
| Q2 FY25 | 14.1% | +11.2 pts | 5.7% | |
| Q1 FY25 | 13.0% | +6.9 pts | 4.7% | |
| Q4 FY24 | 15.1% | +10.5 pts | 4.5% | |
| Q3 FY24 | 4.9% | +1.2 pts | 3.9% | |
| Q2 FY24 | 2.9% | −2.2 pts | 1.0% | |
| Q1 FY24 | 6.1% | +5.5 pts | 1.7% | |
| Q4 FY23 | 4.6% | +2.9 pts | 1.6% | |
| Q3 FY23 | 3.7% | −0.2 pts | −0.6% |
Against its peers
Companies in Education & Training Services nearest Graham's size, closest first, today.
| Company | Profit margin |
|---|---|
| GHCGraham | 10.7% |
| LAURLaureate Education | 17.6% |
| CVSACovista | 12.9% |
| LOPEGrand Canyon Education | 19.6% |
| LRNStride | 13.2% |
| PRDOPERDOCEO EDUCATION | 20.6% |
| STRAStrategic Education | 10.5% |
| UTIUniversal Technical Institute | 3.9% |
| APEIAmerican Public Education | 6.8% |
| LINCLincoln Educational Services | 4.0% |
| Peer median | 12.9% |
Where Graham ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Graham
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.