McGraw Hill (MH) BofA Securities Leveraged Finance Conference 2025 summary

Business evolution and digital transformation

• Shifted to a digital-first model, now delivering nearly two-thirds of content digitally, up from one-third a decade ago.

• Leveraged machine learning and AI to enable personalized learning and reduce administrative burdens for educators.

• Ongoing investments in AI target efficiency, content creation cost reduction, and enhanced learning outcomes.

Product innovation and platform capabilities

• Recently launched educator and writing assistants in K-12 to streamline lesson planning and support student writing.

• Focused on tools that foster productive struggle, guiding students without providing direct answers.

• Strong partnerships with educators and institutions inform product development.

Competitive positioning and market share

• Differentiated by brand reputation, proprietary content, robust platforms, and extensive data from 25 million digital users.

• Deep relationships and scale enable strong positioning against AI-first startups and competitors.

• Higher education market share rose from 21% to 30% in a decade, driven by platform innovation and new tools.