Graham
Owns Kaplan education alongside television, healthcare, automotive, manufacturing, and consumer-media businesses.
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Profile
Owns education, television, healthcare, automotive, manufacturing, and consumer-media businesses, led by Kaplan's international higher education, professional training, and test preparation. Most activity is U.S.-based; Kaplan supplies overseas exposure, while Graham family-controlled Class A shares elect most directors.
Operates a diversified portfolio led by Kaplan, which provides higher education support, professional training, and test and licensure preparation in the United States and overseas. Serves learners directly and through university and employer partnerships. Other major businesses span seven local television stations, specialty home-infusion pharmacy and home health and hospice care, automotive dealerships, and manufacturers serving construction, commercial, and utility markets.
Extends the portfolio through restaurants, Framebridge custom framing, digital marketing and analytics tools, and media brands including Slate and Foreign Policy. Most activity is U.S.-based, while overseas exposure is concentrated in Kaplan.
Education depends on accreditation, student-visa, and other regulatory regimes; broadcasting relies on FCC licenses, network programming, advertising, and retransmission agreements; home-health revenue is heavily tied to Medicare. Unlisted Class A shares held by Graham family descendants elect most directors.
Company facts
Key statistics
Year to date +6.8% · Average volume (30d) 27.9K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026Q2 FY26 | $14.83 | $19.46 | +31.2% | $1.28B | $1.30B | +1.5% | −0.68% |
| Apr 30, 2026Q1 FY26 | $13.11 | $16.79 | +28.1% | $1.26B | $1.24B | −1.7% | +1.06% |
| Feb 25, 2026Q4 FY25 | $14.05 | $11.45 | −18.5% | $1.30B | $1.25B | −3.8% | +1.31% |
| Oct 29, 2025Q3 FY25 | $14.05 | $14.08 | +0.2% | $1.30B | $1.28B | −1.6% | +0.02% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.17B | $1.22B | $1.28B | $1.25B | $1.24B | $1.30B | |
| Gross profit | $318.2M | $349.4M | $345.5M | $344.4M | $378.8M | $392.0M | |
| Operating income | $47.4M | $72.7M | $73.2M | $60.5M | $76.9M | $83.6M | |
| Net income | $23.9M | $36.7M | $122.9M | $108.7M | $29.1M | $281.1M | |
| Diluted EPS | $5.45 | $8.35 | $27.91 | $24.71 | $6.62 | $64.86 | |
| Gross margin | 27.3% | 28.7% | 27.0% | 27.5% | 30.6% | 30.1% | |
| Operating margin | 4.1% | 6.0% | 5.7% | 4.8% | 6.2% | 6.4% |
Fiscal years (4-quarter sums)FY21 $3.19B · FY22 $3.92B · FY23 $4.41B · FY24 $4.79B · FY25 $4.91B
Revenue by product · Q2 FY26
Revenue by geography · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $1.25B · Total debt $1.34B · Total assets $8.14B · Shareholders' equity $4.76B
Dividends
Raised for 9 straight years — most recently to $1.88 from $1.80 in Feb 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jul 16, 2026 | Jul 16 | Aug 6 | $1.88 | |
| Apr 16, 2026 | Apr 16 | May 7 | $1.88 | |
| Feb 4, 2026 | Feb 4 | Feb 19 | $1.88 | raised from $1.80 |
| Oct 16, 2025 | Oct 16 | Nov 6 | $1.80 | |
| Jul 17, 2025 | Jul 17 | Aug 7 | $1.80 | |
| Apr 17, 2025 | Apr 17 | May 8 | $1.80 | |
| Feb 3, 2025 | Feb 3 | Feb 20 | $1.80 | raised from $1.72 |
| Oct 17, 2024 | Oct 17 | Nov 7 | $1.72 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 4.32M · Float 4.02M · 93.2% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 425.3K | 9.85% | 13F | Aug 7, 2026 |
| Donald Graham · director, 10 percent owner: | 375.6K | 8.70% | Form 4 | Aug 14, 2026 |
| Madison Avenue International LP | 246.4K | 7.50% | 13G | Aug 14, 2026 |
| Dimensional Fund Advisors LP | 237.0K | 5.49% | 13F | Aug 11, 2026 |
| Vanguard Portfolio Management LLC | 174.8K | 4.05% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 30, 2025 | Tony Allen | director | −7 | $942.89 |
Peers
- Strategic Education
Online degree platform for working adults via Capella and Strayer Universities.
- AutoNation
Largest US franchised auto retailer; ~300 stores, $27.6B revenue in 2025.
- Option Care Health
Largest independent US home and alternate-site infusion services provider.
- Grand Canyon Education
Outsourced enrollment, technology, and academic services for US universities.
- Nexstar Media Group
Largest US local TV broadcaster; 201 stations in 116 markets nationwide.
- Loews
Tisch-family holding co. across insurance, pipelines, hotels, and packaging.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Graham | $1,164.21 | +0.30% | $5.01B | 9.4 | — | 1.0 | +7.1% |
| Strategic Education | $84.64 | +0.01% | $1.92B | 14.1 | 10.5 | 1.5 | +2.7% |
| AutoNation | $200.09 | −0.02% | $6.70B | 9.3 | 8.5 | 0.2 | −0.6% |
| Option Care Health | $23.90 | 0.00% | $3.58B | 18.0 | 12.2 | 0.6 | +1.9% |
| Grand Canyon Education | $151.19 | +0.01% | $3.94B | 18.3 | 14.1 | 3.5 | +6.7% |
| Nexstar Media Group | $179.00 | −2.33% | $5.60B | 34.9 | 6.1 | 0.8 | +62.3% |
| Loews | $109.72 | −0.04% | $22.58B | 13.5 | — | 1.2 | +5.8% |
| Median | 16.0 | 10.5 | 1.0 | +4.3% |