COMP <GO>

MH vs V // GROSS PROFIT MARGIN

McGraw Hill Inc. (NYSE) VS. Visa Inc. (NYSE) • 15-METRIC TALLY: MH 3 — V 9

■ METRIC PARITY

LAST: $13.88 (+1.61%) • MKT CAP: $2.66B

gross-margins

80.90%

LAST: $410.54 (+2.48%) • MKT CAP: $733.53B

gross-margins

—

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MH VS. V) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	MH	V	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin ACTIVE	80.90%	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	7.60%	32.30%	-24.70	V	/roic <GO>
EV/EBITDA & P/E Valuation	13.6x	28.9x	-15.30	MH	/valuation <GO>
Free Cash Flow Yield	9.28%	2.90%	+6.38	MH	/fcf-yield <GO>
Operating Margin	13.20%	60.00%	-46.80	V	/operating-margins <GO>
Net Profit Margin	3.70%	50.10%	-46.40	V	/net-margins <GO>
Revenue Growth (YoY)	0.10%	11.30%	-11.20	V	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.63%	-0.63	V	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	0.52	9.09	-8.57	V	/balance-sheet <GO>
Piotroski F-Score Quality	6/9	9/9	-3.00	V	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	45.9	65.6	-19.71	V	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	1.06	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	31.4x	34.0x	-2.60	MH	/forward-pe <GO>
Enterprise Scale & Market Cap	$2.66B	$733.53B	-$730.88B	V	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	MH REV	V REV	MH GROSS %	V GROSS %	MH FCF	V FCF
FY 2025	$2.10B	$40.00B	80.9%	—	$246.3M	$21.26B
FY 2024	$2.10B	$35.93B	79.9%	—	$575.2M	$18.33B
FY 2023	$1.96B	$32.65B	—	—	$236.2M	$19.29B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

MH // BETA —

V // BETA 1.06