Strategic Education Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1994
Net Income	69.79	46.67	55.09	86.27	81.14	-15.67	20.61	34.8	40.02	46.36	Upgrade
Depreciation & Amortization	57.31	63.12	103.42	109.15	104.86	54.54	18.73	17.82	18.1	20.63	Upgrade
Share-Based Compensation	19.77	21.79	18.15	14.61	12.16	15.53	11.63	10.77	10.21	9.45	Upgrade
Other Operating Activities	-29.76	-5.53	3.88	-67.13	3.99	-7.54	5.19	-18.86	9.21	1.54	Upgrade
Operating Cash Flow	117.12	126.05	180.53	142.91	202.15	46.87	56.16	44.52	77.55	77.98	Upgrade
Operating Cash Flow Growth	-7.09%	-30.18%	26.33%	-29.31%	331.32%	-16.54%	26.13%	-42.59%	-0.55%	-7.27%	Upgrade
Capital Expenditures	-31.05	-36.65	-41.1	-46.81	-38.69	-27.55	-18.05	-13.16	-12.69	-6.9	Upgrade
Acquisitions	-0.53	-0.8	0	-628.76	0	167.86	0	-7.64	0	0	Upgrade
Change in Investments	-16.96	6.09	8.01	33.38	0.62	-10.18	0	0	0	0	Upgrade
Investing Cash Flow	-48.55	-31.36	-33.09	-642.19	-38.07	130.14	-18.05	-20.8	-12.69	-6.9	Upgrade
Dividends Paid	-58.78	-59.24	-59.05	-55.96	-46.63	-27.84	-11.42	0	0	0	Upgrade
Share Issuance / Repurchase	-14.83	-43.12	-8.84	195.26	-9.2	7.79	0	0	0	0	Upgrade
Debt Issued / Paid	-40	-40	0	139.88	0	-1.16	0	0	-119.6	-3.13	Upgrade
Other Financing Activities	-	-	-	-	-	-	-	-1.36	-0.65	-0.43	Upgrade
Financing Cash Flow	-113.61	-142.36	-67.89	279.19	-55.82	-21.22	-11.42	-1.36	-120.25	-3.55	Upgrade
Exchange Rate Effect	-0.5	-4.09	-2.35	1.62	0	0	0	0	0	0	Upgrade
Net Cash Flow	-45.53	-51.76	77.19	-218.48	108.26	155.79	26.69	22.37	-55.39	67.52	Upgrade
Free Cash Flow	86.07	89.41	139.43	96.09	163.46	19.32	38.11	31.36	64.86	71.08	Upgrade
Free Cash Flow Growth	-3.74%	-35.87%	45.09%	-41.21%	746.05%	-49.30%	21.50%	-51.64%	-8.75%	-5.69%	Upgrade
Free Cash Flow Margin	7.60%	8.39%	12.32%	9.35%	16.39%	3.05%	8.38%	7.11%	14.93%	15.93%	Upgrade
Free Cash Flow Per Share	3.68	3.78	5.82	4.25	7.52	1.27	3.57	2.96	6.13	6.73	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).