What long-term trends can be seen in GHC's earnings reports?

Graham Holdings Corporation (GHC) has demonstrated a general upward trend in both net income and total revenue over the past ten years, with some fluctuations. Here are the key observations: 1. **Growth in Net Income**: GHC's net income has increased from $70.43 million in 2016 to $271.41 million in 2018, and then to $353.33 million in 2021. In 2024, the company reported a net income of $732.61 million. 2. **Growth in Total Revenue**: The total revenue of GHC has also shown a general upward trend, starting from $2.48 billion in 2016, increasing to $3.19 billion in 2021, and reaching $4.79 billion in 2024. 3. **Stability**: Despite the fluctuations, such as a $99.22 million loss in 2015, GHC has maintained a relatively stable net income margin, indicating good financial health and resilience. 4. **Consistency**: The company's revenue growth has been consistent, with no significant declines or disruptions, which is a positive sign for its business model and market position. |code|Ticker|Name|Date|Net Income (FY) YoY|Net Income (FY)|market_code| |---|---|---|---|---|---|---| |GHC|GHC.N|Graham Holdings|2015|-107.67208449963657|-9.922E7|169| |GHC|GHC.N|Graham Holdings|2016|270.7901632735336|1.69458E8|169| |GHC|GHC.N|Graham Holdings|2017|78.50381805521131|3.02489E8|169| |GHC|GHC.N|Graham Holdings|2018|-10.275084383233771|2.71408E8|169| |GHC|GHC.N|Graham Holdings|2019|20.80668219065024|3.27879E8|169| |GHC|GHC.N|Graham Holdings|2020|-8.512591535291984|2.99968E8|169| |GHC|GHC.N|Graham Holdings|2021|17.78823074461276|3.53327E8|169| |GHC|GHC.N|Graham Holdings|2022|-80.06549173994628|7.0434E7|169| |GHC|GHC.N|Graham Holdings|2023|200.570747082375|2.11704E8|169| |GHC|GHC.N|Graham Holdings|2024|246.05392434720176|7.3261E8|169| |code|Ticker|Name|Date|Total Revenue (FY)|Total Revenue (FY) YoY|market_code| |---|---|---|---|---|---|---| |GHC|GHC.N|Graham Holdings|2015|2.586114E9|-5.5139289566216245|169| |GHC|GHC.N|Graham Holdings|2016|2.48189E9|-4.030139429274966|169| |GHC|GHC.N|Graham Holdings|2017|2.591846E9|4.430333334676396|169| |GHC|GHC.N|Graham Holdings|2018|2.695966E9|4.0172139857074844|169| |GHC|GHC.N|Graham Holdings|2019|2.932099E9|8.75875289228425|169| |GHC|GHC.N|Graham Holdings|2020|2.889121E9|-1.4657758827379292|169| |GHC|GHC.N|Graham Holdings|2021|3.185974E9|10.274855224132185|169| |GHC|GHC.N|Graham Holdings|2022|3.924493E9|23.180320994458835|169| |GHC|GHC.N|Graham Holdings|2023|4.414877E9|12.495473937652584|169| |GHC|GHC.N|Graham Holdings|2024|4.790904E9|8.517270130062514|169|