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Graham vs Laureate Education: revenue, profit, margins and growth compared

Graham brought in $4.9B of revenue in fiscal 2025, Laureate Education $1.7B in fiscal 2025. Revenue changed by +2.5% at Graham and +8.6% at Laureate Education on the year before, so Laureate Education grew faster. Graham kept 6.0% of its revenue as net profit, Laureate Education 16.5%. Free cash flow was $275.3M at Graham and $263.1M at Laureate Education.

Side by side, latest fiscal year

GHCLAUR
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$4.9B$1.7B
Revenue growth+2.5%+8.6%
Net income$292.3M$281.6M
Net margin6.0%16.5%
Free cash flow$275.3M$263.1M
Free cash flow margin5.6%15.5%
Earnings per share (diluted)$66.47$1.89
Cash$267M$146.7M
Debt$880.8M$129.1M
Price to earnings17.419.8
Market value$4.9B$5.2B
Dividend yield0.62%n/a
Rank by revenue in sector#12 of 162 · Real estate#41 of 162 · Real estate

Over the years

Revenue
GHC FY2018: $2.7BGHC FY2019: $2.9BGHC FY2020: $2.9BGHC FY2021: $3.2BGHC FY2022: $3.9BGHC FY2023: $4.4BGHC FY2024: $4.8BGHC FY2025: $4.9BLAUR FY2018: $1.1BLAUR FY2019: $1.2BLAUR FY2020: $1BLAUR FY2021: $1.1BLAUR FY2022: $1.2BLAUR FY2023: $1.5BLAUR FY2024: $1.6BLAUR FY2025: $1.7BFY18FY19FY20FY21FY22FY23FY24FY25
GHC $4.9BLAUR $1.7B
Net income
GHC FY2018: $271.2MGHC FY2019: $327.9MGHC FY2020: $300.4MGHC FY2021: $352.1MGHC FY2022: $67.1MGHC FY2023: $205.3MGHC FY2024: $724.6MGHC FY2025: $292.3MLAUR FY2018: $370.1MLAUR FY2019: $938.5MLAUR FY2020: -$613.3MLAUR FY2021: $192.4MLAUR FY2022: $69.6MLAUR FY2023: $107.6MLAUR FY2024: $296.5MLAUR FY2025: $281.6MFY18FY19FY20FY21FY22FY23FY24FY25
GHC $292.3MLAUR $281.6M
Net margin
GHC FY2018: 10.1%GHC FY2019: 11.2%GHC FY2020: 10.4%GHC FY2021: 11.1%GHC FY2022: 1.7%GHC FY2023: 4.6%GHC FY2024: 15.1%GHC FY2025: 6.0%LAUR FY2018: 32.3%LAUR FY2019: 77.4%LAUR FY2020: -59.8%LAUR FY2021: 17.7%LAUR FY2022: 5.6%LAUR FY2023: 7.2%LAUR FY2024: 18.9%LAUR FY2025: 16.5%FY18FY19FY20FY21FY22FY23FY24FY25
GHC 6.0%LAUR 16.5%
Revenue growth
GHC FY2019: +8.8%GHC FY2020: -1.5%GHC FY2021: +10.3%GHC FY2022: +23.2%GHC FY2023: +12.5%GHC FY2024: +8.5%GHC FY2025: +2.5%LAUR FY2019: +5.9%LAUR FY2020: -15.4%LAUR FY2021: +6.0%LAUR FY2022: +14.3%LAUR FY2023: +19.5%LAUR FY2024: +5.5%LAUR FY2025: +8.6%FY19FY20FY21FY22FY23FY24FY25
GHC +2.5%LAUR +8.6%
Free cash flow
GHC FY2018: $188.8MGHC FY2019: $71.7MGHC FY2020: $141.1MGHC FY2021: $39.9MGHC FY2022: $152.9MGHC FY2023: $166.4MGHC FY2024: $324.1MGHC FY2025: $275.3MLAUR FY2018: $158.8MLAUR FY2019: $184.1MLAUR FY2020: $184.9MLAUR FY2021: -$206.5MLAUR FY2022: $125.5MLAUR FY2023: $194.3MLAUR FY2024: $160.8MLAUR FY2025: $263.1MFY18FY19FY20FY21FY22FY23FY24FY25
GHC $275.3MLAUR $263.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Graham and Laureate Education

Which is bigger by revenue, Graham or Laureate Education?

Graham is bigger by revenue: $4.9B in fiscal 2025, against $1.7B for Laureate Education in fiscal 2025.

Which keeps more of its revenue as profit, Graham or Laureate Education?

Graham had a net margin of 6.0% in fiscal 2025; Laureate Education had 16.5% in fiscal 2025.

Which grew revenue faster, Graham or Laureate Education?

In their latest fiscal years revenue changed by +2.5% at Graham and +8.6% at Laureate Education.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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