Graham Holdings Company (NYSE: GHC) is a diversified education and media company headquartered in Arlington, Virginia. The company was founded in 1877 and was formerly known as The Washington Post Company until it sold its flagship newspaper to Jeff Bezos in 2013. Graham Holdings reported annual revenue of USD 4.41 billion for the fiscal year 2023.
Graham Holdings operates across several business segments:
Education: Includes Kaplan International, which provides English-language training and test preparation services, and Kaplan Higher Education, which offers online educational programs.
Television Broadcasting: Graham Media Group owns and operates local TV stations in markets like Detroit, Houston, and Orlando.
Manufacturing: Consists of companies like Hoover, Dekko, and Forney that produce various industrial and electrical products.
healthcare: Graham healthcare Group provides home health, hospice, and pharmacy services.
Automotive: Operates car dealerships in the mid-Atlantic region.
Graham Holdings has continued to diversify its portfolio through strategic acquisitions and investments. In recent years, the company has expanded into areas like digital marketing, custom framing (Framebridge), and podcasting (City Cast). The company maintains a strong financial position, with USD 898.9 million in cash and investments as of December 2023.
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