Archive · 25 Jul 2025
McGraw Hill IPO Debut: Shares Remain Flat After NYSE Listing
McGraw Hill, a big textbook company, just started selling shares to the public on the stock market.
They sold shares for $17 each, raising a lot of money, but it was less than they hoped for.
The company is known for its books used by many students, from kids to adults.
The company did not make a profit last year.
The company is also using digital tools, like AI, for learning.
The success of McGraw Hill's debut in the stock market could depend on how the overall stock market performs.
McGraw Hill shares remained flat after debuting on the New York Stock Exchange at $17.
The company raised $414.63 million in its IPO, selling shares below the marketed range.
Platinum Equity will continue to hold a majority stake in McGraw Hill after the offering.
McGraw Hill is a recognized publisher, with products used in many U.S. higher education institutions.
The company reported a net loss in the last fiscal year, with revenue at $2.1 billion.
- Who
- McGraw Hill, a global education company.
- What
- McGraw Hill's initial public offering (IPO) on the New York Stock Exchange.
- When
- Shares debuted on the New York Stock Exchange on Thursday and remained flat during Friday's session.
- Where
- New York Stock Exchange.
- Why
- To raise capital through the sale of shares.
Risk Factors
Opportunity Factors
Competition
Risk Factors
Increased competition in educational resources market.
Opportunity Factors
McGraw Hill faces the risk from generative AI making creation of rival teaching materials easier.
- IPO Price
- $17 per share
- Funds Raised
- $414.63 million
- Shares Sold
- 24,390,000
- Marketed Range
- $19 to $22 per share
- Ownership
- Platinum Equity (84.6%)
- Net Loss (Fiscal Year)
- $85.8 million
- Revenue (Fiscal Year)
- $2.1 billion