McGraw Hill (MH) Balance Sheet: Assets & Liabilities

McGraw Hill (MH) Balance Sheet

As of Mar 31, 2026 (end of fiscal 2026), McGraw Hill reported total assets of $5.49B and total liabilities of $4.76B. Shareholders' equity was $726.22M, up 159.1% from $280.24M a year earlier. Total debt stood at $2.65B against $253.52M in cash and short-term investments, a net debt position of $2.39B. That puts debt-to-equity at 3.64, compared with 11.62 a year earlier.

McGraw Hill Balance Sheet Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for McGraw Hill, Inc. (MH) - Annual data in billions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Dec 2018	Dec 2017	Dec 2016
Current Assets
Cash and Cash Equivalents	0.25	0.39	0.20	0.18	0.30	0.35	0.18	0.31	0.41	0.42
Cash & Short-Term Investments	0.25	0.39	0.20	0.18	0.30	0.35	0.18	0.31	0.41	0.42
Accounts Receivable	0.36	0.34	0.34	0.31	0.25	0.23	0.24	0.35	0.27	0.27
Inventory	0.20	0.17	0.21	0.25	0.23	0.15	0.18	0.19	0.17	0.17
Other Current Assets	0.16	0.15	0.15	0.17	0.14	0.10	0.10	0.11	0.10	0.10
Total Current Assets	0.97	1.05	0.90	0.90	0.91	0.84	0.70	0.96	0.95	0.96
Non-Current Assets
Property, Plant & Equipment (Net)	0.14	0.14	0.16	0.18	0.21	0.20	0.20	0.10	0.10	0.10
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.01
Goodwill	2.52	2.56	2.56	2.60	2.85	0.50	0.49	0.49	0.50	0.49
Intangible Assets	1.51	1.68	1.69	2.13	2.25	0.44	0.50	0.58	0.66	0.79
Other Non-Current Assets	0.33	0.32	0.30	0.25	0.36	0.09	0.34	0.37	0.31	0.23
Total Non-Current Assets	4.51	4.71	4.90	5.17	5.68	1.48	1.53	1.56	1.57	1.62
Total Assets	5.49	5.76	5.81	6.07	6.59	2.33	2.23	2.51	2.52	2.58
Current Liabilities
Accounts Payable	0.13	0.15	0.11	0.15	0.16	0.13	0.11	0.13	0.11	0.13
Short-Term Debt	0.03	0.03	0.02	0.04	0.04	0.01	0.04	0.03	0.02	0.02
Current Portion of Long-Term Debt	0.01	0.01	0.02	0.02	0.02	0.01	-	-	-	-
Accrued Liabilities	0.10	0.09	0.15	0.16	0.18	0.14	-	-	-	-
Deferred Revenue	0.84	0.79	0.74	0.69	0.62	0.57	0.00	0.00	0.00	0.00
Other Current Liabilities	0.28	0.30	0.12	0.26	0.38	0.09	0.71	0.77	0.68	0.64
Total Current Liabilities	1.27	1.33	1.14	1.15	1.21	0.97	0.86	0.93	0.82	0.78
Non-Current Liabilities
Long-Term Debt	2.62	3.23	3.41	3.55	3.65	2.09	2.26	2.19	2.22	2.33
Deferred Tax Liabilities	0.02	0.02	0.02	0.05	0.10	0.01	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.02	0.02	0.81	0.01	0.02	0.02	0.67	0.70	0.68	0.62
Total Non-Current Liabilities	3.49	4.15	4.30	4.36	4.43	2.86	2.94	2.89	2.90	2.95
Total Liabilities	4.76	5.48	5.44	5.51	5.64	3.83	3.80	3.82	3.72	3.73
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Retained Earnings	-1.25	-1.28	-1.20	-1.00	-0.60	-1.49	-1.53	-1.28	-1.15	-1.09
Accumulated Other Comprehensive Income	0.00	0.00	0.00	0.00	0.00	-0.05	-0.06	-0.04	-0.04	-0.06
Additional Paid-in Capital	3.95	1.56	1.56	1.56	1.55	0.03	0.03	0.02	-0.01	-0.01
Shares Outstanding	0.19	0.19	0.19	0.19	0.19	-	-	-	-	-
Total Stockholders' Equity	0.73	0.28	0.37	0.56	0.95	-1.51	-1.57	-1.31	-1.20	-1.15
Total Liabilities & Equity	5.49	5.76	5.81	6.07	6.59	2.33	2.23	2.51	2.52	2.58

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About McGraw Hill Balance Sheet

How much debt does McGraw Hill have?

McGraw Hill had total debt of $2.65B as of Mar 31, 2026, against $253.52M in cash and short-term investments. Its debt-to-equity ratio was 3.64. Total debt was $3.26B a year earlier.

What are McGraw Hill's total assets?

McGraw Hill reported total assets of $5.49B as of Mar 31, 2026, down 4.7% from $5.76B a year earlier. Total liabilities were $4.76B.

What is McGraw Hill's shareholders' equity?

McGraw Hill's shareholders' equity was $726.22M as of Mar 31, 2026, or about $3.80 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition