GHC
Graham Holdings Company Consumer Defensive - Education & Training Services Investor Relations →
Graham Holdings Company (GHC) closed at $1158.23 as of 2026-02-02, trading 54.4% above its 200-week moving average of $750.40. The stock is currently moving closer to the line, down from 55.8% last week. With a 14-week RSI of 75, GHC is in overbought territory.
Over the past 2715 weeks of data, GHC has crossed below its 200-week moving average 23 times. On average, these episodes lasted 26 weeks. Historically, investors who bought GHC at the start of these episodes saw an average one-year return of +20.7%.
With a market cap of $5.1 billion, GHC is a mid-cap stock. The company generates a free cash flow yield of 12.5%, which is notably high. Return on equity stands at 17.0%, a solid level. The stock trades at 1.1x book value.
The company has been aggressively buying back shares, reducing its share count by 11.7% over the past three years. GHC passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 33.2 years, a hypothetical investment of $100 in GHC would have grown to $1263, compared to $2849 for the S&P 500. GHC has returned 7.9% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 101% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: GHC vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After GHC Crosses Below the Line?
Across 16 historical episodes, buying GHC when it crossed below its 200-week moving average produced an average return of +6.1% after 12 months (median +9.0%), compared to +6.7% for the S&P 500 over the same periods. 79% of those episodes were profitable after one year. After 24 months, the average return was +17.6% vs +18.5% for the index.
Each line shows $100 invested at the moment GHC crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
GHC has crossed below its 200-week MA 23 times with an average 1-year return of +20.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 1974 | Mar 1974 | 5 | 23.9% | +22.4% | +76161.4% |
| May 1974 | Jun 1974 | 3 | 7.4% | +38.3% | +62980.3% |
| Jul 1974 | Feb 1975 | 30 | 28.1% | +41.5% | +62211.1% |
| Sep 1975 | Nov 1975 | 8 | 6.7% | +92.9% | +60727.5% |
| Dec 1975 | Dec 1975 | 2 | 3.8% | +97.1% | +59660.3% |
| Mar 1980 | Jul 1980 | 18 | 9.1% | +54.1% | +18824.1% |
| Sep 1990 | Feb 1991 | 20 | 22.6% | +1.4% | +1324.3% |
| Mar 1991 | Aug 1991 | 22 | 6.1% | +7.6% | +1260.3% |
| Sep 1991 | Feb 1992 | 20 | 23.9% | +11.3% | +1305.3% |
| Mar 1992 | Apr 1992 | 2 | 1.1% | +7.9% | +1251.9% |
| Jun 1992 | Aug 1992 | 10 | 4.1% | +4.6% | +1251.6% |
| Oct 1992 | Dec 1992 | 8 | 3.1% | +9.6% | +1221.3% |
| Aug 1993 | Sep 1993 | 4 | 2.9% | +8.7% | +1231.7% |
| Jul 2000 | Jul 2000 | 1 | 0.3% | +23.2% | +464.5% |
| Sep 2001 | Jan 2002 | 16 | 5.5% | +29.7% | +428.6% |
| Jul 2002 | Jul 2002 | 1 | 2.4% | +39.5% | +398.9% |
| Oct 2005 | May 2006 | 28 | 5.1% | -2.0% | +235.3% |
| Jun 2006 | Nov 2007 | 74 | 10.5% | -1.1% | +224.2% |
| Nov 2007 | Dec 2012 | 267 | 53.3% | -56.3% | +216.0% |
| Oct 2016 | Nov 2016 | 1 | 1.7% | +24.8% | +186.3% |
| Jan 2020 | Jan 2021 | 51 | 45.5% | +4.9% | +125.0% |
| Jun 2022 | Jul 2022 | 4 | 5.2% | +7.4% | +123.2% |
| Aug 2022 | Oct 2022 | 7 | 5.4% | +7.9% | +116.3% |
| Average | 26 | — | +20.7% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02