McGraw Hill IPO: Stock price will be closely watched today as the education publisher lists on NYSE

A company that has name recognition among both students and their parents is going public today. McGraw Hill, the education publisher, has priced its initial public offering of shares and is expected to make its market debut on the New York Stock Exchange (NYSE). Here’s what you need to know about McGraw Hill’s IPO

What is McGraw Hill?

If you’ve ever been a student, you’ve likely come across the name McGraw Hill. The company is one of the largest educational publishers in the world. It produces myriad educational materials, from the textbooks used in classrooms across the country to digital learning platform software for teachers.

McGraw Hill is one of the oldest education companies operating in America. It was founded over 137 years ago in 1888 and is currently headquartered in New York City. Though the company is American, it provides educational solutions for countries across the world. Currently, its educational products are available in more than 80 languages.

The brand has been in the hands of private equity for more than a decade. It was purchased from its former parent company by Apollo Global Management in 2013 and later sold to Platinum Equity for $4.5 billion.

From textbooks to digital

While McGraw Hill has historically been one of the biggest publishers of school textbooks, in recent years, the company has gone all-in on digital education solutions as the world’s learning moves online.

According to its Form S-1 registration statement, filed with the U.S. Securities and Exchange Commission (SEC), McGraw Hill serves 60 million digital learners each year. Twenty-six million of those learners are paid digital users.

For its fiscal year that ended March 31, McGraw Hill says it had an adjusted EBITDA of $727 million, with $1.4 billion in digital revenue.

It is the most recent company to go public this year, which has seen renewed interest from investors in initial public offerings. Other recent notable IPOs include listings from Chime, Circle, MNTN, and Hinge Health.

When is McGraw Hill’s IPO?

McGraw Hill priced its shares yesterday and is expected to list today: Thursday, July 24, 2025. The offering was led by Goldman Sachs & Co., along with BMO Capital Markets, J.P. Morgan, Macquarie Capital, Morgan Stanley, Deutsche Bank Securities, and UBS Investment Bank.

What is McGraw Hill’s stock ticker?

McGraw Hill’s stock ticker is “MH.”

What exchange will McGraw Hill shares trade on?

McGraw Hill shares trade on the New York Stock Exchange (NYSE).

What is the IPO share price of MH?

McGraw Hill’s IPO price is $17 per share. That was below its earlier estimated IPO price range of between $19 and $22 per share.

How many MH shares are available in its IPO?

According to a company press release, McGraw Hill offered 24,390,000 shares of its common stock in its IPO. 

How much did McGraw Hill raise in its IPO?

McGraw Hill says it received approximately $385,697,545 million from the sale of its shares in its IPO.

How much is McGraw Hill worth?

At its $17 IPO price, McGraw Hill’s market cap is now valued at $3.25 billion, according to Reuters.