Company / Operating Margin
Graham Holdings Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
4.8%
FY2025
5-year range
1.6% / 4.8%
FY2021-FY2025
Trend
+6.2%
vs FY2024
Sector context
#123 of 186
Consumer Discretionary
What the data says
At 4.8%, Graham Holdings's operating margin ranks #123 of 186 in the Consumer Discretionary sector. Operating Margin has fluctuated over the past 10 years, ranging from 1.6% in FY2023 to 20.9% in FY2019.
Based on SEC 10-K filings.
4.8% in FY2025 with a 5-year CAGR of +1.3%.
Improved from 1.6% to 4.8% over the past 2 years.
Consumer Discretionary sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +2.6pp
- 5-Year Change
- +1.3pp
- 10-Year Change
- -
Sector benchmark
#123 of 186 in Consumer DiscretionaryTop 66% of 186This company 4.8% Sector average 3.2%
▼
+47.9% above sector average
Key checks
Key Insights
- In FY2025, operating margin increased 6.2% year-over-year.
- Currently 1.5pp above the Consumer Discretionary sector average.
- Peak operating margin was recorded in FY2019.
- Lowest operating margin in the period was in FY2023.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 4.8% | +6.2% |
| FY2024 | 4.5% | +186.6% |
| FY2023 | 1.6% | -26.6% |
| FY2022 | 2.1% | -11.9% |
| FY2021 | 2.4% | -30.2% |
| FY2020 | 3.5% | -83.3% |
| FY2019 | 20.9% | +128.7% |
| FY2018 | 9.1% | +73.6% |
| FY2017 | 5.3% | -41.4% |
| FY2016 | 9.0% | +386.9% |
As of FY2025 · SEC 10-K · Updated Mar 29, 2026