Graham Holdings Cash Flow Statement
GHC / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
Graham Holdings generated $347M in operating cash flow and $275M in free cash flow in FY2025. Free cash flow margin was 5.6% of revenue.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $292.3M | $724.6M | $205.3M | $67.1M | $352.1M | $300.4M | $327.9M | $271.2M | $302.0M | $168.6M | -$100.7M | $1.3B | $236.9M | $132.1M | $117.2M |
| Operating Cash Flow | $347.2M | $407.0M | $259.9M | $235.6M | $202.4M | $210.7M | $165.2M | $287.0M | $268.1M | $261.3M | $70.7M | $313.5M | $310.2M | $483.9M | $393.3M |
| Capital Expenditures | $71.9M | $82.9M | $93.4M | $82.7M | $162.5M | $69.6M | $93.5M | $98.2M | $60.4M | $66.6M | $136.9M | $237.3M | $206.5M | $224.7M | $216.4M |
| Free Cash Flow | $275.3M | $324.1M | $166.4M | $152.9M | $39.9M | $141.1M | $71.7M | $188.8M | $207.7M | $194.6M | -$66.2M | $76.2M | $103.8M | $259.2M | $176.9M |
| Share Buybacks | $3.5M | $114.1M | $193.2M | $71.4M | $55.7M | $161.8M | $2.1M | $118.0M | $50.8M | $108.9M | $23.0M | $327.7M | $4.2M | $103.2M | $248.1M |
| Dividends Paid | - | - | - | - | - | - | - | - | - | - | - | - | - | $147.3M | $75.5M |
| FCF Margin | 5.6% | 6.8% | 3.8% | 3.9% | 1.3% | 4.9% | 10.3% | 7.0% | 8.0% | 7.8% | -2.6% | 2.8% | 4.0% | 7.7% | 5.0% |