Strategic Education, Inc. (STRA)
NASDAQ: STRA · Real-Time Price · USD
82.46
-1.10 (-1.32%)
Aug 6, 2026, 4:00 PM EDT - Market closed

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
1,2861,2681,2201,1331,0651,132
Operating Income
180.24174.23155.6395.3270.7673.91
Net Income
134.51126.61112.6869.7946.6755.09
Earnings Per Share
6.005.414.672.911.942.28
EPS Growth
24.74%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
128.75148.05184.02208.21222.82275.42
Total Debt
106.71109.12125.23213.33259.28331.46
Net Cash (Debt)
22.0438.9358.8-5.12-36.46-56.04
Net Cash Growth
-50.64%-33.78%----
Net Cash Per Share
0.981.662.44-0.21-1.52-2.32

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
100.00%100.00%100.00%100.00%100.00%100.00%
Operating Margin
14.01%13.74%12.76%8.41%6.64%6.53%
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
2.91%3.15%2.70%2.72%3.19%4.26%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
13.7814.8220.0031.7440.3725.37
Forward PE
10.1612.9217.9323.0523.4813.85
P/FCF Ratio
10.7411.9717.7828.1223.0610.85
PS Ratio
1.411.451.881.991.791.26