Graham Holdings Co (GHC) — Free Cash Flow Generation Index

Latest as of March 2026: 0.72x

Graham Holdings Co (GHC) has a Free Cash Flow Generation Index of 0.72x as of March 2026. Free cash flow of $48.56 Million represents 1% of operating cash flow ($67.73 Million). Read Graham Holdings Co (GHC) total liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

0.72x
Free Cash Flow / Operating CF

Free Cash Flow

$48.56 Million
USD

Operating Cash Flow

$67.73 Million
USD

Capital Expenditures

$19.17 Million
USD

Graham Holdings Co Free Cash Flow Generation Index (1985–2025)

Historical FCF Generation Index trend for Graham Holdings Co across 40 annual periods. Explore reinvestment intensity of Graham Holdings Co to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Graham Holdings Co (1985–2025)

Year-by-year Free Cash Flow Generation Index for Graham Holdings Co. For the full company profile including market capitalisation, see Graham Holdings Co (GHC) market capitalisation.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.79x $267.66 Million $339.54 Million $71.88 Million ▼ -1.0%
2024 0.80x $324.08 Million $406.99 Million $82.91 Million ▲ +24.3%
2023 0.64x $166.43 Million $259.88 Million $93.45 Million ▼ -1.3%
2022 0.65x $152.92 Million $235.60 Million $82.68 Million ▲ +229.4%
2021 0.20x $39.89 Million $202.43 Million $162.54 Million ▼ -70.6%
2020 0.67x $141.07 Million $210.66 Million $69.59 Million ▲ +54.3%
2019 0.43x $71.66 Million $165.16 Million $93.50 Million ▼ -34.1%
2018 0.66x $188.83 Million $287.02 Million $98.19 Million ▼ -15.1%
2017 0.77x $207.70 Million $268.06 Million $60.36 Million ▲ +4.0%
2016 0.75x $194.64 Million $261.26 Million $66.61 Million ▲ +189.8%
2015 -0.83x $-62.05 Million $74.80 Million $136.86 Million ▼ -328.7%
2014 0.36x $135.08 Million $372.37 Million $237.29 Million ▲ +14.6%
2013 0.32x $103.77 Million $327.86 Million $224.09 Million ▼ -41.7%
2012 0.54x $259.22 Million $477.21 Million $218.00 Million ▲ +20.8%
2011 0.45x $176.91 Million $393.29 Million $216.38 Million ▼ -30.7%
2010 0.65x $450.00 Million $693.72 Million $243.71 Million ▲ +7.2%
2009 0.61x $395.24 Million $652.99 Million $257.76 Million ▲ +31.4%
2008 0.46x $246.84 Million $535.77 Million $288.92 Million ▼ -8.0%
2007 0.50x $291.18 Million $581.19 Million $290.01 Million ▼ -4.1%
2006 0.52x $310.73 Million $594.75 Million $284.02 Million ▼ -4.0%
2005 0.54x $284.42 Million $522.77 Million $238.35 Million ▼ -14.4%
2004 0.64x $357.09 Million $561.72 Million $204.63 Million ▲ +1.2%
2003 0.63x $212.13 Million $337.71 Million $125.59 Million ▼ -9.3%
2002 0.69x $344.47 Million $497.47 Million $152.99 Million ▲ +93.9%
2001 0.36x $124.60 Million $348.83 Million $224.23 Million ▼ -32.9%
2000 0.53x $196.16 Million $368.54 Million $172.38 Million ▼ -1.5%
1999 0.54x $153.00 Million $283.00 Million $130.00 Million ▲ +671.6%
1998 -0.09x $-21.10 Million $223.10 Million $244.20 Million ▼ -128.7%
1997 0.33x $105.50 Million $320.10 Million $214.60 Million ▼ -54.3%
1996 0.72x $207.40 Million $287.40 Million $80.00 Million ▲ +42.5%
1995 0.51x $124.80 Million $246.50 Million $121.70 Million ▼ -24.3%
1994 0.67x $150.70 Million $225.30 Million $74.60 Million ▲ +9.7%
1993 0.61x $123.50 Million $202.60 Million $79.10 Million ▼ -19.5%
1992 0.76x $183.30 Million $242.20 Million $58.90 Million ▼ -0.1%
1991 0.76x $174.20 Million $229.90 Million $55.70 Million ▲ +5.3%
1990 0.72x $187.70 Million $260.90 Million $73.20 Million ▼ -1.7%
1989 0.73x $220.30 Million $301.00 Million $80.70 Million ▼ -26.8%
1988 1.00x $269.10 Million $269.10 Million $0.00 ▲ +0.0%
1986 1.00x $100.20 Million $100.20 Million $0.00 ▲ +0.0%
1985 1.00x $114.30 Million $114.30 Million $0.00
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).