McGraw Hill Statistics

McGraw Hill Statistics

  • McGraw Hill achieved a revenue of $1.54 billion as of FY 2021.
  • The group’s highest revenue recorded from 2019 – 2021 was 2019’s $1.60 billion.
  • The higher education segment provided 42.02% ($649.09 million) of total revenue as of 2021 annual figures.
  • McGraw Hill is a top-three U.S provider in the higher education market with a 25% market share as of 2021.
  • The K-12 segment provided 37.79% ($583.67 million) of total revenue as of 2021 annual figures.
  • McGraw Hill is a top-three U.S provider in the K-12 curriculum and learning solutions market with a 22% market share as of 2021.
  • The international segment provided 10.94% ($168.95 million) of total revenue as of 2021 annual figures.
  • The global professional segment provided 9.21% ($142.34 million) of total revenue as of 2021 annual figures.
  • The group increased digital sales from $827.53 million to $922.88 million in FY 2021.
  • The group reduced print sales from $757.23 million to $621.83 million in FY 2021.

McGraw Hill revenue statistics

  • McGraw Hill achieved a revenue of $1.54 billion as of FY 2021.
  • The group’s highest revenue recorded from 2019 – 2021 was 2019’s $1.60 billion.
  • In terms of change, a total decrease of 3.3% is given for the same period.
  • The group’s digital sales increased from $827.53 million to $922.88 million in FY 2021.
  • This represented an increase of 11.52%.
  • The group’s print sales reduced from $757.23 million to $621.83 million in FY 2021
  • This represented a decrease of 17.88%.
  • The company divides its revenue into the higher education, K-12, international and global professional segments.
YearAnnual revenue ($ million)Change
2021$1,544-2.5%
2020$1,584-0.8%
2019$1,597

A graphic representation showing McGraw Hill’s annual revenue from 2019 – 2021:

Higher education revenue

  • The higher education segment provided 42.02% ($649.09 million) of total revenue as of 2021 annual figures.
  • McGraw Hill is a top-three U.S provider in the higher education market with a 25% market share as of 2021.
  • Higher education digital sales grew 13.65% to $525.93 million as of FY 2021.
  • Higher education print sales dropped 26.08% to $123.15 million as of FY 2021.
  • All of higher education’s revenue is generated from ~3,000 individual titles.
  • Of these, no individual title is responsible for more than 2% of the revenue.

K-12 revenue

  • The K-12 segment provided 37.79% ($583.67 million) of total revenue as of 2021 annual figures.
  • McGraw Hill is a top-three U.S provider in the K-12 curriculum and learning solutions market with a 22% market share as of 2021.
  • K-12 digital sales grew 6.52% to $249.35 million as of FY 2021.
  • K-12 print sales dropped 7.12% to $334.32 million as of FY 2021.

International revenue

  • The international segment provided 10.94% ($168.95 million) of total revenue as of 2021 annual figures.
  • International revenue digital sales grew 21.50% to $66.99 million as of FY 2021.
  • International revenue print sales dropped 30.96% to $101.97 million as of FY 2021.

Global professional revenue

  • The global professional segment provided 9.21% ($142.34 million) of total revenue as of 2021 annual figures.
  • Global professional digital sales grew 8.32% to $79.54 million as of FY 2021.
  • Global professional print sales dropped 24.58% to $62.80 million as of FY 2021.

McGraw Hill gross profit statistics

  • As of 2021, McGraw Hill achieved a gross profit of $1.21 billion.
  • Over the three year period from 2019 – 2021, their average gross profit was $1.21 billion.
  • In terms of percentage change, a total gross profit increase of 0.6% can be observed.
YearGross profit ($ million)Change
2021$1,208-0.8%
2020$1,2181.5%
2019$1,200

A graphic representation showing McGraw Hill’s annual revenue from 2019 – 2021:

McGraw Hill employees and diversity

  • McGraw Hill operated with approximately 3,700 employees worldwide directly supporting operations as of 2021.
  • Of these 3,700, approximately 2,800 (75.7%), were employed within the United States.
  • In 2021, McGraw Hill received a score of 100 in the Corporate Equality Index.
    • Known as is the leading benchmarking report that measures LGBTQ equality in the workplace.
  • In 2020, McGraw Hill received multiple awards from the Alliance for Workplace Excellence (AWE):
    • The Workplace Excellence Seal of Approval.
    • The Health & Wellness Seal of Approval.
    • The Diversity Champion Award.

FAQ

Which publications are McGraw Hill known for?

  • Harrison’s Principles of Internal Medicine is one of the most widely-sold reference solutions available to medical professionals around the world.
  • AccessMedicine is a complementary digital format available in almost every medical school in the U.S.
  • Samuelson’s Economics has become a principle textbook for economics courses since its publication in 1948.

What are McGraw Hill’s learning solutions?

  • LearnSmart is a digital product that identifies gaps in the knowledge of students and uses a personalized plan to teach these areas.
  • LearnSmart has generated more than 16 billion interactions with students since 2009.
  • ALEKS uses research-based AI to identify the knowledge of a student before instructing on topics that they are most ready to learn.
  • ALEKS has generated more than 12.5 billion interactions as of December 2020.
  • McGraw Hill Connect is a tool to help improve student results through a combination of homework and learning management.

Is McGraw Hill a sustainable company?

  • McGraw Hill has a long-term commitment to becoming a more sustainable organization.
  • The company has reduced its carbon footprint by decreasing 2.5 million of its square footage since 2013.

What is McGraw Hill’s Red Cube Cares?

  • The working group supports and celebrates employee giving around the world.
    • Performed 690 hours of volunteering during Global Volunteer Week 2022.
    • Gave away over $300,000 of new books in 2022.
    • Donated $215,000 to nonprofit organizations in 2021.