“Adjusted general and administrative expenses is defined as GAAP general and administrative expenses adjusted to exclude restructuring and cost savings implementation charges, advisory fees paid to Platinum Advisors pursuant to the Advisory Agreement (which wa…”10-Q · Aug 13, 2026 ↗
McGraw Hill, Inc.
MH
Market read
McGraw Hill, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 31 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
- Inventory grew faster than revenue in the latest comparable period, increasing inventory intensity while operating cash flow was only slightly positive.
- Recurring revenue increased as digital adoption, Inclusive Access sales, pricing, market share gains, and U.S. enrollments supported growth.
Invalidation: The isolated read changes if MH's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 31 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Inventory grew faster than revenue in the latest comparable period, increasing inventory intensity while operating cash flow was only slightly positive.
- Recurring revenue increased as digital adoption, Inclusive Access sales, pricing, market share gains, and U.S. enrollments supported growth.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Net margin changed +5.8 percentage points in the latest annual period.
- Operating cash flow covered net income at 9.38x in the latest annual period.
- Pricing and mix has repeated favorable evidence across 4 filings.
- Operating margin changed -1.4 percentage points in the latest annual period.
- Diluted shares increased 10.2% in the latest annual period.
- Restructuring and cost reductions has repeated adverse evidence across 5 filings.
- P/E is 346% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 55% above the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 11, 2026
12.34Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“The variance was primarily driven by the increase in our product development expenditures and capital expenditures of $11.6 million and $7.6 million, respectively, as we continue to invest in our content and platforms.”10-Q · Aug 13, 2026 ↗
“iming of deferred revenue recognition associated with the increased adoption of digital products, including growth in Inclusive Access sales, market share gains, favorable pricing and growth in U.S.”10-Q · Aug 13, 2026 ↗
“For the three months ended June 30, 2026, the effective tax rate differed from the statutory rate due to non-deductible employee compensation, withholding taxes, U.S.”10-Q · Aug 13, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.1× · EV/sales 2.2×. Comparisons use only industry-matched filing peers.
Fewer than 4 annual revenue periods; too little history to scaffold scenarios.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for MH. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for MH. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind MH
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depended on by
LRNStride, Inc.competitorAug 6, 2025 ▾
“We also face competition from digital and print curriculum providers including Curriculum Associates, Imagine Learning LLC, Edmentum Inc., Discovery Education, and traditional textbook publishers such as Houghton Mifflin Harcourt and McGraw Hill.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
MH is currently a Participant in the organic co-movement group Mixed Multi-Sector. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for MH; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.