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Side-by-side financial comparison of Graham Holdings Co (GHC) and RXO, Inc. (RXO). Click either name above to swap in a different company.
RXO, Inc. is the larger business by last-quarter revenue ($1.5B vs $1.3B, roughly 1.2× Graham Holdings Co). Graham Holdings Co runs the higher net margin — 8.7% vs -3.1%, a 11.8% gap on every dollar of revenue. On growth, Graham Holdings Co posted the faster year-over-year revenue change (0.4% vs -11.9%). Graham Holdings Co produced more free cash flow last quarter ($5.0M vs $-9.0M). Over the past eight quarters, RXO, Inc.'s revenue compounded faster (26.8% CAGR vs 4.2%).
Graham Holdings Company is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of The Washington Post newspaper and Newsweek magazine.
RXO, Inc. is a leading transportation and logistics solutions provider headquartered in the United States. Its core service portfolio includes freight brokerage, last-mile delivery for heavy and bulky goods, managed transportation services, and end-to-end supply chain optimization support, primarily catering to clients across the North American manufacturing, retail, and e-commerce segments.
GHC vs RXO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $1.5B |
| Net Profit | $108.7M | $-46.0M |
| Gross Margin | — | — |
| Operating Margin | 3.8% | -2.9% |
| Net Margin | 8.7% | -3.1% |
| Revenue YoY | 0.4% | -11.9% |
| Net Profit YoY | -80.2% | -84.0% |
| EPS (diluted) | $24.76 | $-0.28 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.3B | $1.4B | ||
| Q2 25 | $1.2B | $1.4B | ||
| Q1 25 | $1.2B | $1.4B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $1.2B | $1.0B | ||
| Q2 24 | $1.2B | $930.0M | ||
| Q1 24 | $1.2B | $913.0M |
| Q4 25 | $108.7M | $-46.0M | ||
| Q3 25 | $122.9M | $-14.0M | ||
| Q2 25 | $36.7M | $-9.0M | ||
| Q1 25 | $23.9M | $-31.0M | ||
| Q4 24 | $548.8M | $-25.0M | ||
| Q3 24 | $72.5M | $-243.0M | ||
| Q2 24 | $-21.0M | $-7.0M | ||
| Q1 24 | $124.4M | $-15.0M |
| Q4 25 | 3.8% | -2.9% | ||
| Q3 25 | 5.2% | -0.5% | ||
| Q2 25 | 6.0% | — | ||
| Q1 25 | 4.1% | -2.1% | ||
| Q4 24 | 5.8% | -1.4% | ||
| Q3 24 | 6.8% | -1.9% | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | 3.1% | -1.3% |
| Q4 25 | 8.7% | -3.1% | ||
| Q3 25 | 9.6% | -1.0% | ||
| Q2 25 | 3.0% | -0.6% | ||
| Q1 25 | 2.0% | -2.2% | ||
| Q4 24 | 44.1% | -1.5% | ||
| Q3 24 | 6.0% | -23.4% | ||
| Q2 24 | -1.8% | -0.8% | ||
| Q1 24 | 10.8% | -1.6% |
| Q4 25 | $24.76 | $-0.28 | ||
| Q3 25 | $27.91 | $-0.08 | ||
| Q2 25 | $8.35 | $-0.05 | ||
| Q1 25 | $5.45 | $-0.18 | ||
| Q4 24 | $124.05 | $-0.17 | ||
| Q3 24 | $16.42 | $-1.81 | ||
| Q2 24 | $-4.79 | $-0.06 | ||
| Q1 24 | $27.72 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $267.0M | $17.0M |
| Total DebtLower is stronger | — | $387.0M |
| Stockholders' EquityBook value | $4.8B | $1.5B |
| Total Assets | $8.4B | $3.3B |
| Debt / EquityLower = less leverage | — | 0.25× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $267.0M | $17.0M | ||
| Q3 25 | $190.8M | $25.0M | ||
| Q2 25 | $176.2M | $18.0M | ||
| Q1 25 | $156.7M | $16.0M | ||
| Q4 24 | $260.9M | $35.0M | ||
| Q3 24 | $244.4M | $55.0M | ||
| Q2 24 | $140.7M | $7.0M | ||
| Q1 24 | $130.9M | $7.0M |
| Q4 25 | — | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | — | $387.0M | ||
| Q4 24 | — | $351.0M | ||
| Q3 24 | — | $352.0M | ||
| Q2 24 | — | $370.0M | ||
| Q1 24 | — | $351.0M |
| Q4 25 | $4.8B | $1.5B | ||
| Q3 25 | $4.5B | $1.6B | ||
| Q2 25 | $4.4B | $1.6B | ||
| Q1 25 | $4.3B | $1.6B | ||
| Q4 24 | $4.3B | $1.6B | ||
| Q3 24 | $4.0B | $1.7B | ||
| Q2 24 | $4.0B | $579.0M | ||
| Q1 24 | $4.0B | $582.0M |
| Q4 25 | $8.4B | $3.3B | ||
| Q3 25 | $7.9B | $3.2B | ||
| Q2 25 | $7.6B | $3.2B | ||
| Q1 25 | $7.6B | $3.3B | ||
| Q4 24 | $7.7B | $3.4B | ||
| Q3 24 | $7.4B | $3.4B | ||
| Q2 24 | $7.2B | $1.8B | ||
| Q1 24 | $7.3B | $1.8B |
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.60× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $28.3M | $7.0M |
| Free Cash FlowOCF − Capex | $5.0M | $-9.0M |
| FCF MarginFCF / Revenue | 0.4% | -0.6% |
| Capex IntensityCapex / Revenue | 1.9% | 1.1% |
| Cash ConversionOCF / Net Profit | 0.26× | — |
| TTM Free Cash FlowTrailing 4 quarters | $275.3M | $-8.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.3M | $7.0M | ||
| Q3 25 | $178.1M | $23.0M | ||
| Q2 25 | $94.8M | $23.0M | ||
| Q1 25 | $46.0M | $-2.0M | ||
| Q4 24 | $116.3M | $-7.0M | ||
| Q3 24 | $237.6M | $-7.0M | ||
| Q2 24 | $52.0M | $-5.0M | ||
| Q1 24 | $1.1M | $7.0M |
| Q4 25 | $5.0M | $-9.0M | ||
| Q3 25 | $161.8M | $9.0M | ||
| Q2 25 | $78.0M | $9.0M | ||
| Q1 25 | $30.5M | $-17.0M | ||
| Q4 24 | $91.1M | $-19.0M | ||
| Q3 24 | $219.4M | $-18.0M | ||
| Q2 24 | $33.7M | $-16.0M | ||
| Q1 24 | $-20.2M | $-4.0M |
| Q4 25 | 0.4% | -0.6% | ||
| Q3 25 | 12.6% | 0.6% | ||
| Q2 25 | 6.4% | 0.6% | ||
| Q1 25 | 2.6% | -1.2% | ||
| Q4 24 | 7.3% | -1.1% | ||
| Q3 24 | 18.2% | -1.7% | ||
| Q2 24 | 2.8% | -1.7% | ||
| Q1 24 | -1.8% | -0.4% |
| Q4 25 | 1.9% | 1.1% | ||
| Q3 25 | 1.3% | 1.0% | ||
| Q2 25 | 1.4% | 1.0% | ||
| Q1 25 | 1.3% | 1.0% | ||
| Q4 24 | 2.0% | 0.7% | ||
| Q3 24 | 1.5% | 1.1% | ||
| Q2 24 | 1.5% | 1.2% | ||
| Q1 24 | 1.8% | 1.2% |
| Q4 25 | 0.26× | — | ||
| Q3 25 | 1.45× | — | ||
| Q2 25 | 2.58× | — | ||
| Q1 25 | 1.93× | — | ||
| Q4 24 | 0.21× | — | ||
| Q3 24 | 3.28× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.01× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GHC
| Products | $602.7M | 48% |
| Kaplan International | $251.9M | 20% |
| Manufacturing | $117.8M | 9% |
| Television Broadcasting | $110.5M | 9% |
| Higher Education | $83.8M | 7% |
| Supplemental Education | $74.9M | 6% |
| Related Party | $4.4M | 0% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
