McGraw Hill cuts another $50M of debt, targets 2-2.5x leverage

McGraw Hill, Inc. (MH) filed an SEC Form 8-K — Regulation FD Disclosure. Exhibit 99.1 McGraw Hill, Inc. Announces Proposed Offering of Senior Secured Notes and Refinancing of Credit Facilities COLUMBUS, Ohio, September 25, 2026 – McGraw Hill, Inc. (the “Company”) announced today that McGraw-Hill Education, Inc., the Company’s wholly-owned subsidiary (

McGraw Hill (MH) reported Q1 2027 adjusted EBITDA of $207M (37.7% margin) and net income of $58M. The company highlighted growth in higher education and K-12 segments, driven by Science of Reading and new literacy programs. MH also expanded into dyslexia screening and medical AI tools, with strong adoption and growth opportunities in international markets. AI integration is a key focus, with 8 live AI learning tools serving 7.5M users.

Investing.com reports McGraw Hill (MH) shares rose about 6.7% in pre-open after fiscal Q1 2027 results beat forecasts. Adjusted EPS was $0.59 vs $0.48 consensus, and revenue was $549.9 million vs $532 million. Higher Education revenue grew 9.6% to $199.8 million, and recurring revenue rose 9.8% to $425.6 million.

McGraw Hill, Inc. (MH) filed an SEC Form 8-K — Results of Operations and Financial Condition. McGraw Hill, Inc. Reports Strong Fiscal First Quarter 2027 Results Exceeding Expectations Enters Peak Selling Season with Momentum Amid Growing Revenue, Re-Occurring Revenue and Digital Revenue While Expanding Margins and Net Income COLUMBUS, Ohio—(BUSINESS WIRE)— August 13, 2026

Moody’s Ratings upgraded McGraw-Hill Education’s corporate family rating to B1 from B2 and changed the outlook to stable from positive. It also raised ratings on senior secured notes, senior secured first lien credit facility, and senior unsecured notes. Moody’s cites expected low to mid-single digit revenue and cash flow growth, $646 million debt repaid since the July 2025 IPO, and improved leverage to 4.3x as of March 2026.

McGraw Hill (MH) reported Q4 results that beat expectations, according to analyst notes. BTIG said revenue exceeded estimates, helped by Higher Education revenue $20M above Street forecasts, but guidance reflects choppier K-12 dynamics in California and Texas. BTIG cut its price target to $19. Needham also reiterated Buy at $19. Fiscal 2027 revenue guidance was $2.115–$2.175B and adjusted EBITDA $750–$790M. Shares fell 3.16% to $11.97.