McGraw Hill Business Summary

McGraw Hill, Inc. (NYSE: MH) is a global leader in educational technology and content, operating through three primary segments: K-12, Higher Education, and Professional. The company has successfully transitioned to a digital-first business model, with digital revenue accounting for approximately 84% of total earnings and recurring revenue streams—driven by subscription-based platforms and licensing—representing 82% of its fiscal Q3 2026 performance. Its revenue is anchored by proprietary platforms like Connect and ALEKS, which leverage generative AI and learning science to deliver personalized educational outcomes. In the competitive landscape, McGraw Hill maintains a dominant position, particularly in U.S. Higher Education where it holds a record 30% market share, competing directly with major industry players such as Pearson (PSO), John Wiley & Sons (WLY), and Cengage Learning. Following its July 2025 initial public offering, the company is majority-owned by Platinum Equity, which retains a controlling stake of approximately 84.6%. The leadership team is currently led by President and CEO Philip Moyer, who assumed the role on February 9, 2026; Moyer brings a high-pedigree technology background as the former CEO of Vimeo and a senior executive at Google Cloud (Applied AI) and Amazon Web Services. He is supported by Executive Vice President and CFO Bob Sallmann, a veteran financial strategist with prior CFO roles at Laird Connectivity and Enbi Group, and Chief Digital Information Officer David Cortese, who oversees the firm's AI and engineering initiatives. Former CEO Simon Allen, who guided the company through its digital transformation and IPO, remains actively involved as the Chair of the Board of Directors, ensuring strategic continuity for the 138-year-old institution founded by James H. McGraw and John A. Hill.