Graham Holdings Co (GHC) — Cash Flow Quality Index
Latest as of June 2026:
0.19x
Graham Holdings Co (GHC) has a Cash Flow Quality Index of 0.19x as of June 2026. Operating cash flow of $52.68 Million is below net income of $282.38 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore GHC operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.19x
Operating CF / Net Income
Operating Cash Flow
$52.68 Million
USD
Net Income
$282.38 Million
USD
Data as of
Jun 2026
Most recent filing
Graham Holdings Co Cash Flow Quality Index (1985–2025)
Historical Cash Flow Quality Index for Graham Holdings Co across 39 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see GHC cash flow conversion.
Annual Cash Flow Quality Index for Graham Holdings Co (1985–2025)
Year-by-year earnings quality comparison for Graham Holdings Co.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.16x | $339.54 Million | $292.29 Million | ▲ +109.1% |
| 2024 | 0.56x | $406.99 Million | $732.61 Million | ▼ -54.7% |
| 2023 | 1.23x | $259.88 Million | $211.70 Million | ▼ -63.3% |
| 2022 | 3.35x | $235.60 Million | $70.43 Million | ▲ +483.9% |
| 2021 | 0.57x | $202.43 Million | $353.33 Million | ▼ -18.4% |
| 2020 | 0.70x | $210.66 Million | $299.97 Million | ▲ +39.4% |
| 2019 | 0.50x | $165.16 Million | $327.88 Million | ▼ -52.4% |
| 2018 | 1.06x | $287.02 Million | $271.41 Million | ▲ +19.3% |
| 2017 | 0.89x | $268.06 Million | $302.49 Million | ▼ -42.5% |
| 2016 | 1.54x | $261.26 Million | $169.46 Million | ▲ +435.4% |
| 2014 | 0.29x | $372.37 Million | $1.29 Billion | ▼ -79.2% |
| 2013 | 1.38x | $327.86 Million | $237.34 Million | ▼ -61.7% |
| 2012 | 3.61x | $477.21 Million | $132.19 Million | ▲ +7.5% |
| 2011 | 3.36x | $393.29 Million | $117.16 Million | ▲ +34.5% |
| 2010 | 2.50x | $693.72 Million | $278.02 Million | ▼ -65.2% |
| 2009 | 7.16x | $652.99 Million | $91.20 Million | ▼ -12.2% |
| 2008 | 8.15x | $535.77 Million | $65.72 Million | ▲ +304.8% |
| 2007 | 2.01x | $581.19 Million | $288.61 Million | ▲ +9.9% |
| 2006 | 1.83x | $594.75 Million | $324.46 Million | ▲ +10.2% |
| 2005 | 1.66x | $522.77 Million | $314.34 Million | ▼ -1.5% |
| 2004 | 1.69x | $561.72 Million | $332.73 Million | ▲ +20.5% |
| 2003 | 1.40x | $337.71 Million | $241.09 Million | ▼ -42.5% |
| 2002 | 2.44x | $497.47 Million | $204.27 Million | ▲ +60.3% |
| 2001 | 1.52x | $348.83 Million | $229.64 Million | ▼ -43.8% |
| 2000 | 2.70x | $368.54 Million | $136.47 Million | ▲ +115.5% |
| 1999 | 1.25x | $283.00 Million | $225.80 Million | ▲ +134.4% |
| 1998 | 0.53x | $223.10 Million | $417.30 Million | ▼ -53.0% |
| 1997 | 1.14x | $320.10 Million | $281.60 Million | ▼ -12.7% |
| 1996 | 1.30x | $287.40 Million | $220.80 Million | ▲ +0.4% |
| 1995 | 1.30x | $246.50 Million | $190.10 Million | ▼ -2.3% |
| 1994 | 1.33x | $225.30 Million | $169.70 Million | ▲ +0.8% |
| 1993 | 1.32x | $202.60 Million | $153.80 Million | ▼ -30.5% |
| 1992 | 1.90x | $242.20 Million | $127.80 Million | ▼ -2.2% |
| 1991 | 1.94x | $229.90 Million | $118.70 Million | ▲ +29.6% |
| 1990 | 1.49x | $260.90 Million | $174.60 Million | ▼ -1.8% |
| 1989 | 1.52x | $301.00 Million | $197.90 Million | ▲ +52.1% |
| 1988 | 1.00x | $269.10 Million | $269.10 Million | ▲ +0.0% |
| 1986 | 1.00x | $100.20 Million | $100.20 Million | ▲ +0.0% |
| 1985 | 1.00x | $114.30 Million | $114.30 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.