{
  "id": 19735738,
  "title": "McGraw Hill at BMO conference: ai and margins lift outlook",
  "url": "https://urgent.news/2026/11/13/mcgraw-hill-at-bmo-conference-ai-and-margins-lift-outlook",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-13T00:35:18.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/mcgraw-hill-at-bmo-conference-ai-and-margins-lift-outlook-93CH-5023828"
  },
  "original_language": "en",
  "account": "On Thursday, 12 November 2026, McGraw Hill CEO Philip Moyer addressed the BMO Capital Technology and Innovation Leaders Conference, positioning the 138-year-old education company beyond textbooks. Moyer highlighted the company's strong margins, growing digital sales, and a fast-paced artificial intelligence strategy, while acknowledging ongoing challenges in U.S. school enrollment trends and curriculum competition. The company serves over 100 million curriculum licenses globally, reaching more than 80% of U.S. school districts, 80% of U.S. higher education institutions, and approximately 90% of medical schools worldwide. Higher education has seen 41 consecutive quarters of share growth, with EBITDA margins above 38%. Digital usage represents 84% of the business, with a 114% net retention rate and 7.5 million users engaging with AI tools. About 2.5x net leverage is expected next year. The higher education segment alone could support the current valuation, while K-12 and medical education add further value. McGraw Hill has integrated with Microsoft Copilot, launched Claude for Teachers, built a Model Context Protocol interface, and formed a partnership with UCSF medical school. The company is pursuing AI-driven revenue streams, such as curriculum upgrades for students needing additional support, question bank products with 400 to 500 questions, and token-based pricing for enterprise uses. Moyer emphasized that the company's content and trust give it an edge, utilizing its AI tools to expand the total market for its content rather than replace it. Higher education remained the strongest part of the business, posting 41 straight quarters of share gains and having a recurring, digital profile that often attracts high valuation multiples in the tech sector.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}