GHC vs LAUR: Graham Holdings and Laureate Education compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Laureate Education is the larger company, worth $5.6B, close to Graham Holdings's $5.0B.
- Laureate Education grew revenue faster over the last year (+17.5% vs +7.1%).
- On earnings, Graham Holdings is the cheaper stock (17.2x vs 21.3x).
- Laureate Education's price assumes faster free cash flow growth: about 6% a year, against 4% for Graham Holdings (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | GHC | LAUR |
|---|---|---|
| Market cap | $5.0B | $5.6B |
| Share price | $1,173.16 | $39.47 |
| Revenue (last fiscal year) | $4.9B | $1.7B |
| Free cash flow (last fiscal year) | $275M | $263M |
| Revenue growth, last year | +7.1% | +17.5% |
| Revenue growth per year, last 5 fiscal years | +11.4% | +11.9% |
| Operating margin | — | 24.4% |
| Net margin | — | 17.6% |
| Return on equity | 11.4% | 28.2% |
| P/E (trailing) | 17.2x | 21.3x |
| Price / free cash flow | 18.7x | 21.1x |
| EV / EBITDA | 7.20x | 11.3x |
| FCF growth the price implies | 3.8% | 5.7% |
| Dividend yield | 0.63% | — |
| Debt / equity | 0.70x | 1.12x |
| Fundamental grade | C | C |
| Superinvestors holding it | 7 | 3 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Graham Holdings
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $3.2B | $40M | 2.4% |
| 2022 | $3.9B | $153M | 2.1% |
| 2023 | $4.4B | $166M | 1.6% |
| 2024 | $4.8B | $324M | 4.5% |
| 2025 | $4.9B | $275M | 4.8% |
Laureate Education
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.1B | -$207M | -0.43% |
| 2022 | $1.2B | $125M | 21.7% |
| 2023 | $1.5B | $194M | 22.8% |
| 2024 | $1.6B | $161M | 23.9% |
| 2025 | $1.7B | $263M | 25.3% |
Where the revenue comes from
Graham Holdings · by segments, 2025
Reportable Segment, Aggregation before Other Operating Segment$4.6B93%
Other Businesses and Corporate Office$360M7%
Laureate Education · by segments, 2025
Mexico$877M52%
Peru$824M48%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open GHC in InvestinglyQuestions
Which is bigger, Graham Holdings or Laureate Education?
Laureate Education (LAUR), at $5.6B against $5.0B.
Is GHC or LAUR cheaper?
By trailing P/E, Graham Holdings (17.2x) is cheaper than Laureate Education (21.3x). A lower multiple can also mean the market expects less growth.
Which grows faster, GHC or LAUR?
Laureate Education: revenue grew +17.5% over the last year, against +7.1%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.