Jack Markell
On February 25, 2025, Jack Markell was elected to the Board of Directors of Graham Holdings Company (the “Company”).
Highest-materiality recent filing
Graham Holdings shareholders elect ten directors, approve executive compensation
All ten director nominees elected; Class A nominees received 928,001 votes each.
Graham Holdings completes sale of Kaplan Languages Group, expects $60M tax benefit
Kaplan closed sale of Kaplan Languages Group (KLG) on May 1, 2026.
Graham Holdings Q1 revenue up 6% to $1.236B; adj. EPS $16.79
Revenue $1.236B, up 6% YoY; operating income $57.8M vs $47.5M.
Graham Holdings Q4 net income $108.7M down 80% YoY; adjusted EPS $11.45 vs $22.58
FY 2025 revenue $4.96B (+3.5%); Q4 revenue $1.25B (flat). Operating income $234.9M vs $215.5M.
Graham Holdings issues $500M 5.625% notes due 2033; enters $400M revolver
Issued $500M senior unsecured notes at 5.625%, due Dec 1, 2033, with semi-annual interest starting June 1, 2026.
Graham Holdings prices $500M notes at 5.625% due 2033; to redeem 2026 notes and refinance debt
$500M senior unsecured notes priced at 100% par, 5.625% coupon, due Dec 1, 2033.
Offers $500M senior unsecured notes due 2033; guaranteed by certain domestic subsidiaries.
Graham Holdings Q3 adjusted net income falls to $14.08/sh from $17.25/sh on operating weakness
Revenue $1.28B (+6% YoY) driven by education, manufacturing, healthcare; TV broadcasting and automotive declined.
Graham Holdings Q2 revenue +3% to $1.22B; operating income $72.8M vs $25.9M YoY
Q2 reported EPS $8.35 vs $(4.79) YoY; net income $36.7M vs $(21.0M) loss.
Graham Holdings stockholders elect all 10 directors, approve executive compensation
All 10 director nominees elected; Class A nominees received 964,001 votes each.
Graham Holdings Q1 net income $23.9M ($5.45/share) down 81% YoY; adjusted EPS $11.64 vs $11.24
Revenue $1.1659B (+1% YoY); operating income $47.5M vs $35.4M.
Graham Holdings Q4 net income $548.8M, adj EPS $22.58; FY revenue up 9% to $4.79B
FY 2024 revenue $4.79B (+9% YoY); operating income $215.5M; adjusted operating cash flow $447.0M.
Jack Markell elected to Graham Holdings Board; previously served 2017-2021
Markell rejoins board; previously served as director from May 2017 to December 2021.
Graham Holdings Q3 net income $72.5M, revenue up 9% to $1.21B; expects $700M pension gain in Q4
Revenue $1,207.2M (+9% YoY); operating income $81.6M vs -$57.1M in Q3 2023 (prior year included impairments).
Graham Holdings Board Adopts Amended and Restated By-Laws Effective September 12, 2024
New procedural requirements for stockholder director nominations and business proposals, including compliance with universal proxy rules.
Graham Holdings Q2 net loss of $21M on impairment charges; revenue up 7%
Revenue $1,185.3M (+7% YoY); operating income $25.9M vs $58.1M due to WGB impairment.
Graham Holdings shareholders elect all nine director nominees, approve advisory say-on-pay
All nine director nominees elected at May 7, 2024 annual meeting; Class A nominees received unanimous support.
Graham Holdings Q1 revenue up 12% to $1.15B; adjusted EPS $11.24 vs $8.36 YoY
Revenue $1,152.7M (+12% YoY); operating income $35.4M vs $27.7M.
Graham Holdings Q4 adjusted EPS $10.94 vs $18.80 YoY; full-year revenue up 12%
Q4 revenue $1,166.8M (+10% YoY); GAAP net income $53.3M ($11.72 EPS) vs $6.2M.
Graham Holdings posts Q3 net loss of $23M; impairments hit operating income
Q3 GAAP net loss of $23.0M ($5.02/share) vs. net income of $32.8M ($6.76/share) a year ago; adjusted net income of $48.9M ($10.45/share).
Graham Holdings Q2 net income $122.8M vs loss $67.5M; revenue up 18%
Q2 net income $122.8M ($25.89/share) vs net loss $67.5M ($13.95/share) in 2022.
Graham Holdings authorizes repurchase of up to 500,000 Class B shares
Board approved repurchase of up to 500,000 shares of Class B common stock.
Graham Holdings Q1 net income falls 45% to $52.3M; revenue up 13% to $1.03B
GAAP EPS $10.88 vs $19.45 YoY; adjusted EPS $8.36 vs $12.76
Graham Holdings: Don Graham becomes Chairman Emeritus; Anne Mulcahy elected Chair
Donald E. Graham transitions from Chairman to Chairman Emeritus, effective May 2023.
Graham Holdings Q4 net income $6.2M; adjusted EPS $18.80; $129M Leaf impairment
Full-year 2022 net income $67.1M ($13.79 per share) vs $352.1M ($70.45) in 2021; adjusted net income $287.2M ($59.03) vs $162.6M ($32.53).
Graham Holdings Q3 adj. EPS $15.65 vs $5.87 YoY; revenue up 25% to $1.01B
GAAP net income $32.8M ($6.76/sh) vs $39.6M ($7.90/sh) in Q3 2021; adjusted net income $75.9M ($15.65/sh) vs $29.5M ($5.87/sh).
Graham Holdings elects former White House Deputy Counsel Danielle Conley to board
Danielle Conley elected to Graham Holdings board effective September 15, 2022.
Graham Holdings Q2 GAAP loss $67.5M; adjusted EPS $12.07 beats year-ago $8.85
Net loss attributable to common shares of $67.5M ($13.95/sh) vs income of $115.4M ($22.99) in Q2 2021; includes $165.5M pre-tax net losses on marketable equity securities.
Graham Holdings annual meeting results: all director nominees elected, compensation plans approved
All nine director nominees elected: Gayner, D. Graham, O'Shaughnessy, Wagoner, Weymouth, Allen, Davis, Mulcahy.
Graham Holdings Q1 adj net income rises 35% to $62.7M; revenue up 28% to $914.7M
GAAP net income $95.6M ($19.45 EPS) vs $112.5M ($22.44); adjusted net income $62.7M ($12.76) vs $46.3M ($9.25).
Graham Holdings Q4 adj EPS $8.55 vs $11.27; FY rev $3.19B (+10%); education up, broadcast down
Full-year 2021 GAAP net income $352.1M ($70.45 per share), up from $300.4M ($58.13) in 2020.
Director Jack Markell resigns from Graham Holdings Board, effective Dec 31, 2021
Jack A. Markell resigned from the Board effective December 31, 2021.
Graham Holdings Q3 net income falls 49% to $39.6M; revenue up 13% to $809.4M
Net income $39.6M ($7.90/share) in Q3 2021, down 49% from $77.6M ($15.22) in Q3 2020.
Graham Holdings Q2 net income $115.4M ($22.99/sh); revenue up 23% to $801.2M
Net income attributable to common shares $115.4M ($22.99 per share) vs. $18.9M ($3.60 per share) year ago.
On February 25, 2025, Jack Markell was elected to the Board of Directors of Graham Holdings Company (the “Company”).
On September 15, 2022, Danielle Conley was elected to the Board of Directors of Graham Holdings Company (the “Company”).
On December 21, 2021, Jack A. Markell resigned from the Board of Directors of Graham Holdings Company (the “Company”) effective December 31, 2021.
Max materiality 0.82 · Median 0.70 · Most common event earnings