Graham Holdings Co. GHC

What this company does

Graham Holdings Company provides educational services through Kaplan, Inc. to students, schools, colleges, universities and businesses domestically and outside the United States; owns and operates seven television broadcast stations and provides social media management tools for newsrooms; provides healthcare services including in-home specialty pharmacy infusion therapies, home health, hospice and palliative services, applied behavior analysis therapy, physician services for allergy, asthma and immunology patients, in-home aesthetics, and healthcare software-as-a-service technology; manufactures products including building materials, electrical solutions, lifting solutions, and parts for electric utilities and industrial systems; and operates eight automotive dealerships and valet repair services. Kaplan's relationships include approximately 17,680 companies and approximately 1,510 universities, colleges, schools and school districts, and in 2025 it provided educational services to approximately 1,158,680 students and professionals worldwide. Worldwide, Kaplan employs approximately 6,833 people on a full-time basis, as well as approximately 4,400 part-time employees, across 40 countries. During each of the fiscal years 2025, 2024 and 2023, the Company's operations outside the U.S. accounted for approximately 22%, 22% and 21%, respectively, of its consolidated revenues, and non-U.S. operations represented approximately 18% of its consolidated assets at each of December 31, 2025 and 2024. Advertising revenue accounted for 54% of GMG's total revenue in 2025, derived primarily from the sale of advertising to local, regional and national advertisers. Hoover Treated Wood Products, Inc., founded in 1955, is a multi-product supplier of pressure-impregnated kiln-dried lumber and plywood products to the commercial building industry, headquartered in Augusta, GA.

Written from the business description in Graham Holdings Co's annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.