• Home
  •  / Houghton Mifflin Harcourt

Houghton Mifflin Harcourt

OverviewSuggest Edit

Houghton Mifflin Harcourt is a global learning company, specializing in education solutions across a range of media. The Company operates through two segments: Education and Trade Publishing. Its Education segment provides educational content, services and technology solutions to meet the diverse needs of classrooms. The Company's Trade Publishing segment develops, markets and sells consumer books in print and digital formats, and licenses book rights to other publishers and electronic businesses.

TypePublic
Founded1832
HQBoston, MA, USMap
Websitehmhco.com
Employee Ratings3.4More
Overall CultureCMore
View Jobs

Locations

Houghton Mifflin Harcourt is headquartered in
Boston, United States

Location Map
All Locations (22)

Latest Updates

Employees (est.) (Dec 2019)3,400(-5%)
Revenue (FY, 2020)$1 B(-25%)
Share Price (Apr 2021)$8.8(+5%)
Cybersecurity ratingBMore

Key People/Management at Houghton Mifflin Harcourt

John Lynch

John Lynch

President, Chief Executive Officer, and Director
William Bayers

William Bayers

General Counsel
Joe Abbott

Joe Abbott

Chief Financial Officer
Richard Blankman

Richard Blankman

Marketing Director
Christine Condon

Christine Condon

Editor-In-Chief
Francie Alexander

Francie Alexander

Chief Academic Officer, Sr. VP, ISG
Show more

Houghton Mifflin Harcourt Office Locations

Houghton Mifflin Harcourt has offices in Boston, Englewood, Evanston, Geneva and in 14 other locations
Boston, MA, US (HQ)
125 High St
Boston, MA, US
222 Berkeley St
Englewood, CO, US
5680 Greenwood Plaza Blvd #550
Evanston, IL, US
909 Davis St #300
Geneva, IL, US
1900 S Batavia Ave
Indianapolis, IN, US
2700 N Richardt Ave
Show all (22)

Houghton Mifflin Harcourt Financials and Metrics

Houghton Mifflin Harcourt Revenue

Embed Graph
View revenue for all periods
Houghton Mifflin Harcourt's revenue was reported to be $1.03 b in FY, 2020
USD

Revenue (FY, 2020)

1.0b

Gross profit (FY, 2020)

387.2m

Gross profit margin (FY, 2020), %

37.5%

Net income (FY, 2020)

(479.8m)

EBIT (FY, 2020)

(429.1m)

Market capitalization (23-Apr-2021)

1.1b

Closing stock price (23-Apr-2021)

8.8

Cash (31-Dec-2020)

281.2m

EV

1.6b
Houghton Mifflin Harcourt's current market capitalization is $1.1 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.4b1.3b1.4b1.0b

Revenue growth, %

(6%)5%

Cost of goods sold

790.1m725.4m844.2m644.1m

Gross profit

617.4m597.0m546.5m387.2m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

219.8m375.6m516.3m194.6m388.9m565.7m189.9m251.2m386.6m

Cost of goods sold

143.7m201.8m238.1m136.7m232.8m292.2m126.5m160.8m219.2m

Gross profit

76.1m173.8m278.2m57.9m156.1m273.5m63.5m90.4m167.4m

Gross profit Margin, %

35%46%54%30%40%48%33%36%43%
show all
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

149.0m253.4m296.4m281.2m

Accounts Receivable

201.1m203.6m184.4m152.8m

Prepaid Expenses

29.9m15.3m19.3m19.9m

Inventories

154.6m184.2m213.1m167.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

98.7m30.7m104.3m74.2m15.1m308.7m254.7m138.8m271.5m

Accounts Receivable

164.4m293.7m353.1m183.1m432.1m434.9m140.0m273.2m282.2m

Prepaid Expenses

27.4m30.9m25.3m21.0m22.4m18.7m22.0m23.5m23.2m

Inventories

206.4m212.4m170.0m261.9m267.8m211.7m265.4m237.2m175.8m
show all
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(103.2m)(94.2m)(213.8m)(479.8m)

Depreciation and Amortization

278.5m250.5m272.7m236.5m

Inventories

7.8m(33.5m)(28.8m)46.1m

Accounts Payable

(7.1m)16.1m(12.1m)(34.9m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(101.3m)(124.6m)(38.2m)(117.4m)(158.0m)(88.7m)(346.0m)(384.1m)(396.7m)

Depreciation and Amortization

63.3m127.2m183.2m68.4m135.6m201.6m55.2m111.1m171.0m

Inventories

(51.8m)(57.8m)(19.3m)(77.7m)(83.6m)(27.5m)(52.3m)(24.2m)37.2m

Accounts Payable

2.7m(1.5m)15.5m787.0k22.5m37.5m(20.7m)(11.0m)6.2m
show all
USDFY, 2017

Revenue/Employee

370.4k

Debt/Equity

1 x

Debt/Assets

0.3 x

Financial Leverage

3.2 x
Show all financial metrics

Houghton Mifflin Harcourt Operating Metrics

FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020Feb, 2021

Countries

150150150150150150150150150150150150150

Students

50 m50 m50 m50 m50 m50 m50 m50 m50 m50 m50 m50 m60 m
Show all operating metrics

Houghton Mifflin Harcourt Acquisitions / Subsidiaries

Company NameDateDeal Size
Waggle PracticeJanuary 15, 2019
SchoolChaptersJuly 01, 2014
Greenwood Publishing Group, LLC.
HMH Intermediate Holdings (Delaware), LLC
HMH IP Company Unlimited Company
HMH Publishers LLC
Houghton Mifflin Company International, Inc.
Houghton Mifflin Harcourt IP LLC
Houghton Mifflin Harcourt Publishers, Inc.
Houghton Mifflin Harcourt Publishing Company
Show more

Houghton Mifflin Harcourt Revenue Breakdown

Embed Graph

Houghton Mifflin Harcourt revenue breakdown by business segment: 87.1% from Education and 12.9% from Trade Publishing

Houghton Mifflin Harcourt revenue breakdown by geographic segment: 95.5% from USA and 4.5% from Other

Houghton Mifflin Harcourt Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

Learn more about our premium products
SecurityScorecard logo

Houghton Mifflin Harcourt Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

Learn more about our premium products
CSRHub logo

Houghton Mifflin Harcourt Online and Social Media Presence

Houghton Mifflin Harcourt's Trends

Embed Graph

Houghton Mifflin Harcourt Company Culture

  • Overall Culture

    C

    69/100

  • CEO Rating

    A-

    81/100

  • Compensation

    C

    70/100

Learn more on Comparably

Houghton Mifflin Harcourt News and Updates

March 29, 2021

Houghton Mifflin Harcourt selling consumer publishing unit to News Corp. for $349 million

Houghton Mifflin Harcourt said it's agreed to sell its HMH Books & Media consumer publishing division to News Corp. for $349 million in cash. Houghton Mifflin said the deal to sell the publisher of the J.R.R. Tolkien titles will let it focus on the K-12 education market and pay down a signifi…
February 25, 2021

Houghton Mifflin Harcourt Announces Fourth Quarter and Full Year 2020 Results, Achieved 2020 Billings at the Top End of its Revised Guidance Range and Positive Free Cash Flow

BOSTON, Feb. 25, 2021 /PRNewswire/ -- Learning technology company Houghton Mifflin Harcourt ("HMH" or the "Company") (Nasdaq: HMHC) today announced financial results for the fourth quarter and full year ended December 31, 2020 and introduced new operational metrics HMH will use to track...
February 04, 2021

Houghton Mifflin Harcourt Schedules Conference Call to Discuss Fourth Quarter and Full Year 2020 Results

BOSTON, Feb. 4, 2021 /PRNewswire/ -- Houghton Mifflin Harcourt (HMH) (NASDAQ: HMHC) today announced that it will release its fourth quarter and full year 2020 financial and operating results on Thursday, February 25, 2021, before the market opens. At 9:30 a.m. ET on Thursday, February 25,...
January 29, 2021

Houghton Mifflin Harcourt Earns 95 in Human Rights Campaigns 2021 Corporate Equality Index

Boston, Mass.–Jan. 29, 2021 - Learning technology company Houghton Mifflin Harcourt (HMH) today announced that it has received a score of 95 out of 100 on the Human Rights Campaign Foundation’s 2021 Corporate Equality Index, the nation’s foremost benchmarking survey and report measuring corporate po…
November 19, 2020

Houghton Mifflin Harcourt To Publish J.R.R. Tolkien's Final Middle-Earth Writings In 2021

NEW YORK, Nov. 19, 2020 /PRNewswire/ -- Houghton Mifflin Harcourt Books & Media will publish The Nature of Middle-earth, a previously unseen collection of writings by J.R.R. Tolkien, in the U.S. on June 24, 2021. Presented for the first time in one volume and edited by Carl F. Hostetter,...
November 12, 2020

Houghton Mifflin Harcourt and Montgomery Public Schools Partner to Bolster Early Literacy with Implementation of AI-Powered Digital Reading Assistant

MONTGOMERY, Ala., Nov. 12, 2020 /PRNewswire/ -- Montgomery Public Schools has partnered with learning technology company Houghton Mifflin Harcourt to implement Amira Learning™, the first intelligent reading assistant that listens to, assesses and tutors learners to bolster early literacy...
Show more

 Houghton Mifflin Harcourt Frequently Asked Questions

  • When was Houghton Mifflin Harcourt founded?

    Houghton Mifflin Harcourt was founded in 1832.

  • Who are Houghton Mifflin Harcourt key executives?

    Houghton Mifflin Harcourt's key executives are John Lynch, William Bayers and Joe Abbott.

  • How many employees does Houghton Mifflin Harcourt have?

    Houghton Mifflin Harcourt has 3,400 employees.

  • What is Houghton Mifflin Harcourt revenue?

    Latest Houghton Mifflin Harcourt annual revenue is $1 b.

  • What is Houghton Mifflin Harcourt revenue per employee?

    Latest Houghton Mifflin Harcourt revenue per employee is $303.3 k.

  • Who are Houghton Mifflin Harcourt competitors?

    Competitors of Houghton Mifflin Harcourt include HarperCollins, Sam-Woode and Ratna Sagar.

  • Where is Houghton Mifflin Harcourt headquarters?

    Houghton Mifflin Harcourt headquarters is located at 125 High St, Boston.

  • Where are Houghton Mifflin Harcourt offices?

    Houghton Mifflin Harcourt has offices in Boston, Englewood, Evanston, Geneva and in 14 other locations.

  • How many offices does Houghton Mifflin Harcourt have?

    Houghton Mifflin Harcourt has 22 offices.