GHC reported first-quarter revenue of $1.1659 billion in 2025, slightly underperforming the $1.2 billion consensus estimate. This marks a 1% increase from the $1.1527 billion recorded in the same period of 2024. The growth was driven by stronger performance in the education, healthcare, and other business segments, though this was partly offset by downturns in television broadcasting, manufacturing, and automotive sectors.
The company's operating income for the first quarter rose to $47.5 million, up from $35.4 million a year earlier. This improvement is largely attributed to gains in the education, manufacturing, and healthcare sectors, despite declines in television broadcasting, automotive, and other areas.
Additionally, adjusted operating cash flow (non-GAAP) reached $88 million in the first quarter of 2025, compared to $82.8 million in the previous year, again reflecting positive trends in education, manufacturing, and healthcare. However, the television broadcasting, automotive, and other business areas saw declines. GHC's capital expenditures were reduced from $21.5 million in 2024 to $14.1 million in the first quarter of 2025.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Graham Holdings Co (GHC, Financial) is $785.00 with a high estimate of $785.00 and a low estimate of $785.00. The average target implies an downside of 15.35% from the current price of $927.31. More detailed estimate data can be found on the Graham Holdings Co (GHC) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Graham Holdings Co's (GHC, Financial) average brokerage recommendation is currently 4.0, indicating "Underperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Graham Holdings Co (GHC, Financial) in one year is $888.69, suggesting a downside of 4.16% from the current price of $927.31. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Graham Holdings Co (GHC) Summary page.
