GHC vs LRN
Graham Holdings Co. and Stride, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | GHC | LRN |
|---|---|---|
| Revenue | $4.9B | $2.5B |
| Net income | $292.3M | $338.2M |
| Gross margin | · | 37.8% |
| Net margin | 6.2% | 13.4% |
| Return on equity | 6.5% | 21.7% |
| Diluted EPS | $66.47 | $7.14 |
| Dividend / share | $7.20 | · |
| Payout ratio | · | · |
| Free cash flow | $275.3M | $433.2M |
| Equity | $4.8B | $1.6B |
| Net debt / equity | 0.13× | −0.21× |
| Current ratio | 1.75× | 5.94× |
| Revenue CAGR 5y | 11.2% | 10.4% |
| Profit CAGR 5y | −0.5% | 36.5% |
GHC bills 2.0× the revenue of LRN, and LRN keeps more of each dollar of revenue as profit (13.4% against 6.2%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | GHC | LRN |
|---|---|---|
| FY2025 | $4.9B | $2.5B |
| FY2024 | $4.8B | $2.4B |
| FY2023 | $4.4B | $2.0B |
| FY2022 | $3.9B | $1.8B |
| FY2021 | $3.2B | $1.7B |
| FY2020 | $2.9B | $1.5B |
| FY2019 | $2.9B | $1.0B |
| FY2018 | $2.7B | $1.0B |
| FY2017 | $2.6B | $917.7M |
| FY2016 | $2.5B | $888.5M |
Bottom line
| Fiscal year | GHC | LRN |
|---|---|---|
| FY2025 | $292.3M | $338.2M |
| FY2024 | $724.6M | $287.9M |
| FY2023 | $205.3M | $204.2M |
| FY2022 | $67.1M | $126.9M |
| FY2021 | $352.1M | $107.1M |
| FY2020 | $300.4M | $71.5M |
| FY2019 | $327.9M | $24.5M |
| FY2018 | $271.2M | $37.2M |
| FY2017 | $302.0M | $27.6M |
| FY2016 | $168.6M | $451,000 |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$2,393,482,000 | GHC |
| FY2024 | +$2,385,587,000 | GHC |
| FY2023 | +$2,374,808,000 | GHC |
| FY2022 | +$2,087,135,000 | GHC |
| FY2021 | +$1,499,308,000 | GHC |
| FY2020 | +$1,352,361,000 | GHC |
| FY2019 | +$1,891,334,000 | GHC |
| FY2018 | +$1,680,214,000 | GHC |
| FY2017 | +$1,674,112,000 | GHC |
| FY2016 | +$1,593,371,000 | GHC |
| FY2015 | +$1,713,414,000 | GHC |
| FY2014 | +$1,788,738,000 | GHC |
| FY2013 | +$1,681,049,000 | GHC |
| FY2012 | +$2,524,366,000 | GHC |
| FY2011 | +$2,817,590,000 | GHC |
| FY2010 | +$4,063,983,000 | GHC |
| FY2009 | +$3,941,570,000 | GHC |
GHC has reported the higher revenue in every one of these 17 fiscal years. The gap has narrowed since the earliest year compared.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −7.3 pp | LRN |
| FY2024 | +3.3 pp | GHC |
| FY2023 | −5.2 pp | LRN |
| FY2022 | −5.1 pp | LRN |
| FY2021 | +4.7 pp | GHC |
| FY2020 | +5.7 pp | GHC |
| FY2019 | +8.8 pp | GHC |
| FY2018 | +6.4 pp | GHC |
| FY2017 | +8.7 pp | GHC |
| FY2016 | +6.9 pp | GHC |
| FY2015 | −4.8 pp | LRN |
| FY2014 | +46.3 pp | GHC |
| FY2013 | +7.2 pp | GHC |
| FY2012 | +0.8 pp | GHC |
| FY2011 | +1.0 pp | GHC |
| FY2010 | +3.8 pp | GHC |
| FY2009 | −3.3 pp | LRN |
The higher net margin has changed hands between GHC and LRN over this period.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
GHC's net margin has been more volatile than LRN's over the 17 comparable fiscal years — 10.5 percentage points of standard deviation against 3.8.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between GHC and LRN over these 17 fiscal years — GHC led in 12 and LRN in 5.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
GHC's return on equity has been more volatile than LRN's over the 17 comparable fiscal years — 9.0 percentage points of standard deviation against 6.9.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between GHC and LRN over these 17 fiscal years — GHC led in 8 and LRN in 9.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.