GHC
Graham Holdings Company Consumer Defensive - Education & Training Services Investor Relations →
Graham Holdings Company (GHC) closed at $1134.42 as of 2026-05-01, trading 45.5% above its 200-week moving average of $779.77. The stock moved further from the line this week, up from 45.2% last week. The 14-week RSI sits at 46, indicating neutral momentum.
Trading volume is running at 1.2x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.94 ratio) is neutral — neither side is clearly dominating.
Over the past 2727 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 $4.9 billion, GHC is a mid-cap stock. The company generates a free cash flow yield of 4.2%. Return on equity stands at 6.7%. The stock trades at 1.0x book value.
The company has been aggressively buying back shares, reducing its share count by 8.9% over the past three years.
Over the past 33.3 years, a hypothetical investment of $100 in GHC would have grown to $1239, compared to $2973 for the S&P 500. GHC has returned 7.8% annualized vs 10.7% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 21.7% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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% | +74718.6% |
| May 1974 | Jun 1974 | 3 | 7.4% | +38.3% | +61787.0% |
| Jul 1974 | Feb 1975 | 30 | 28.1% | +41.5% | +61032.2% |
| Sep 1975 | Nov 1975 | 8 | 6.7% | +92.9% | +59576.8% |
| Dec 1975 | Dec 1975 | 2 | 3.8% | +97.1% | +58529.8% |
| Mar 1980 | Jul 1980 | 18 | 9.1% | +54.1% | +18466.1% |
| Sep 1990 | Feb 1991 | 20 | 22.6% | +1.4% | +1297.3% |
| Mar 1991 | Aug 1991 | 22 | 6.1% | +7.6% | +1234.5% |
| Sep 1991 | Feb 1992 | 20 | 23.9% | +11.3% | +1278.7% |
| Mar 1992 | Apr 1992 | 2 | 1.1% | +7.9% | +1226.3% |
| Jun 1992 | Aug 1992 | 10 | 4.1% | +4.6% | +1226.0% |
| Oct 1992 | Dec 1992 | 8 | 3.1% | +9.6% | +1196.3% |
| Aug 1993 | Sep 1993 | 4 | 2.9% | +8.7% | +1206.5% |
| Jul 2000 | Jul 2000 | 1 | 0.3% | +23.2% | +453.8% |
| Sep 2001 | Jan 2002 | 16 | 5.5% | +29.7% | +418.6% |
| Jul 2002 | Jul 2002 | 1 | 2.4% | +39.5% | +389.5% |
| Oct 2005 | May 2006 | 28 | 5.1% | -2.0% | +228.9% |
| Jun 2006 | Nov 2007 | 74 | 10.5% | -1.1% | +218.1% |
| Nov 2007 | Dec 2012 | 267 | 53.3% | -56.3% | +210.0% |
| Oct 2016 | Nov 2016 | 1 | 1.7% | +24.8% | +180.9% |
| Jan 2020 | Jan 2021 | 51 | 45.5% | +4.9% | +120.7% |
| Jun 2022 | Jul 2022 | 4 | 5.2% | +7.4% | +118.9% |
| Aug 2022 | Oct 2022 | 7 | 5.4% | +7.9% | +112.2% |
| Average | 26 | — | +20.7% | — |
Frequently Asked Questions
Is GHC below its 200-week moving average?
No. Graham Holdings Company (GHC) is currently 45.5% above its 200-week moving average of $779.77. It would need to fall to $779.77 to cross below the line.
What is GHC's 200-week moving average price?
Graham Holdings Company's 200-week moving average is $779.77 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when GHC drops below its 200-week moving average?
GHC has crossed below its 200-week moving average 23 times in our data. On average, buying at that moment produced a one-year return of +20.7%. These dips have historically been decent entry points. These episodes lasted 26 weeks on average.
Is GHC a good value right now?
Here's what our data says about GHC as of 2026-05-01: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 46. Free cash flow yield is 4.2%. Return on equity is 6.7%. Price-to-book is 1.0x. This is not a buy or sell recommendation — always do your own research.
How does GHC compare to the S&P 500?
Over the past 33.3 years, $100 invested in GHC would have grown to $1239, compared to $2973 for the S&P 500. That's 7.8% annualized vs 10.7% for the index. GHC has underperformed the broader market over this period.
Does GHC pay a dividend?
Yes. Graham Holdings Company currently pays a dividend yield of 66.00%.
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 week of 2026-05-01