McGraw Hill receives upgraded credit ratings from S&P Global Ratings
The upgrade to BB- follows Moody's July upgrades. The outlook is now stable, validating debt reduction efforts and sustainable growth strategies.
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Educational publisher and digital learning company
mheducation.comLast updated
In short: McGraw Hill posted strong fiscal results, reduced debt, expanded AI tools, and won state approvals.
The upgrade to BB- follows Moody's July upgrades. The outlook is now stable, validating debt reduction efforts and sustainable growth strategies.
Revenue grew 2.6% to $550 million while adjusted EBITDA reached $207 million. The company highlights significant momentum in AI adoption and K-12 curriculum capture rates.
Moody's upgraded its corporate family rating to B1 from B2 and senior secured notes to Ba3, with stable outlook.
The company reports results for the period ended June 30, 2026 on August 13, 2026 via webcast starting at 8:30 a.m. ET.
McGraw Hill reported $549.9M revenue and $57.9M net income, with 77% from recurring contracts and $1.52B deferred revenue, while carrying $2.63B of debt and maintaining...
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