MH vs QUAD
McGraw Hill, Inc. and Quad/Graphics, Inc., side by side — 3 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | MH | QUAD |
|---|---|---|
| Revenue | $2.1B | $2.4B |
| Net income | $35.3M | $27.0M |
| Gross margin | 80.9% | 21.6% |
| Net margin | 1.7% | 1.1% |
| Return on equity | 7.0% | · |
| Diluted EPS | $0.19 | $0.54 |
| Dividend / share | · | $0.30 |
| Payout ratio | · | 53.3% |
| Free cash flow | $246.3M | $50.7M |
| Equity | $726.2M | $-59.5M |
| Net debt / equity | 3.20× | · |
| Current ratio | 0.77× | 0.86× |
| Revenue CAGR 5y | · | −3.8% |
| Profit CAGR 5y | · | · |
QUAD bills 1.2× the revenue of MH, and MH keeps more of each dollar of revenue as profit (1.7% against 1.1%).
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.
3 years side by side
| Fiscal year | MH | QUAD |
|---|---|---|
| FY2025 | $2.1B | $2.4B |
| FY2024 | $2.1B | $2.7B |
| FY2023 | $2.0B | $3.0B |
Bottom line
| Fiscal year | MH | QUAD |
|---|---|---|
| FY2025 | $35.3M | $27.0M |
| FY2024 | $-85.8M | $-50.9M |
| FY2023 | $-193.0M | $-55.4M |
Standard deviation, each side
MH's net margin has been more volatile than QUAD's over the 3 comparable fiscal years — 4.7 percentage points of standard deviation against 1.4.
3 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between MH and QUAD over these 3 fiscal years — MH led in 1 and QUAD in 2.
3 of 17 comparable fiscal years — a year missing data on either side is not counted.