Strategic Education, Inc. (STRA)
NASDAQ: STRA · Real-Time Price · USD
85.31
-0.72 (-0.84%)
At close: Aug 26, 2026, 4:00 PM EDT
84.33
-0.98 (-1.15%)
Pre-market: Aug 27, 2026, 7:52 AM EDT

Strategic Education Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,2861,2681,2201,1331,0651,132
Revenue Growth
3.53%3.96%7.68%6.33%-5.85%10.12%
Gross Profit
631.04621.11569.43509.02468.16523.43
Operating Income
202.02196.14157.28113.1273.99110.59
Net Income
134.51126.61112.6869.7946.6755.09
Earnings Per Share
5.985.414.672.911.942.28
EPS Growth
24.48%15.85%60.48%50.00%-14.91%-39.52%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
U.S. Higher Education
864.71868.24857.89818.95770.98829.27
Australia/New Zealand
260.38251.58257.12233.52230.75250.12
Education Technology Services
161.25148.4104.9280.4563.7552.29
Total
1,2861,2681,2201,1331,0651,132

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
133.75153.05199208.69235.95298.8
Total Debt
106.71109.12125.23213.33259.28331.46
Net Cash (Debt)
27.0443.9373.78-4.63-23.34-32.66
Net Cash Growth
-54.66%-40.45%----
Net Cash Per Share
1.201.883.06-0.19-0.97-1.35

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
215.88198.2169.33117.12126.05180.53
Capital Expenditures
-47.3-44.25-40.58-36.94-43.17-49.43
Free Cash Flow
168.59153.95128.7580.1882.88131.09
Free Cash Flow Growth
35.46%19.57%60.59%-3.26%-36.78%36.42%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
49.06%48.98%46.68%44.93%43.94%46.25%
Operating Margin
15.71%15.47%12.89%9.98%6.94%9.77%
Pretax Margin
14.31%13.99%13.23%8.89%6.53%6.77%
Profit Margin
10.46%9.98%9.24%6.16%4.38%4.87%
FCF Margin
13.11%12.14%10.55%7.08%7.78%11.58%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.4002.4002.4002.4002.4002.400
Dividend Per Share Growth
0%0%0%0%0%0%
Dividend Yield
2.81%3.04%2.69%2.78%3.38%4.74%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
14.2614.7220.1731.9940.6325.57
Forward PE
10.5112.9217.9323.0523.4813.85
P/FCF Ratio
11.1112.1117.6527.8522.8810.75
PS Ratio
1.461.471.861.971.781.25